CryptocurrencyRasmus Pihl

40,000 Users Join Binance Uganda in Its First Week
Cryptocurrency
40,000 Users Join Binance Uganda in Its First Week
The cryptocurrency exchange Binance launched a Ugandan subsidiary this October. Now, Binance Uganda has revealed that 40,000 cryptocurrency traders joined the platform during the first week it was available. It is no secret that developing markets oftentimes show a marked appetite for cryptocurrencies. This largely stems from how traditional banking services can be hard or even impossible to access in such countries. Because of this, cryptocurrencies provide a viable payment…
Nasdaq Will Help the Crypto Industry to Fight Fraud and Market Manipulation
Cryptocurrency
Nasdaq Will Help the Crypto Industry to Fight Fraud and Market Manipulation
Even though Bitcoin has celebrated its 10 year anniversary earlier this week, the nascent industry of digital assets continues to be plagued by fraud, which is one of the main obstacles, hindering mass adoption. However, Nasdaq, the leading global stock exchange operator, is ready to lend a helping hand in stamping out fraud from the crypto industry. Necessary technology is already in place Citing an unpublished paper, Bloomberg reported that…
DeVere Launches A New Crypto Fund
Cryptocurrency
DeVere Launches A New Crypto Fund
News broke yesterday, November 2nd, that deVere Group has officially launched an actively managed cryptocurrency solution. Who is the deVere group? DeVere Group is one of the world’s leading independent financial advisory organisations, with more than $10 billion under advice from over 80,000 clients in 100 countries. On their website they state: “We help our clients, who are primarily expatriates and international investors, reach and often exceed their financial goals.…
Crypto Market Down But Exchanges Are Making Billions In Revenue
Cryptocurrency
Crypto Market Down But Exchanges Are Making Billions In Revenue
The cryptocurrency market has struggled during 2018 and lost over 75 percent from its peak in January. Even so, many exchanges have had billions in revenue, according to recent news. The exchanges with the largest revenues Even though the market has come tumbling down the past year, many have still made big gains. Especially the exchanges, and Coinbase Inc, among others, is projecting a yearly revenue of nearly $1,3 billion,…