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Crypto Recap July 31: Bitcoin Pullbacks Towards 7.5k, Binance Acquires ETH Wallet

Author: CoinLive News Team Aug 1, 2018 at 11:30

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Bitcoin Drifts Down as Price Breaks Below Key $7.8K Support

At press time, BTC is changing hands at $7,536 on Bitfinex, down 6.9 percent on the day, a figure that also finds the price breaking a key support level at $7,800.

Binance Acquires Anonymous Mobile Wallet for Ethereum Tokens

Cryptocurrency exchange Binance has acquired mobile ethereum wallet Trust Wallet, the startups announced Tuesday.

OTC is Much Larger Than Bitcoin Exchange Volume: Where Real Whales Trade

TABB Group, an international research company, has disclosed in its extensive analytical report that the over-the-counter (OTC) market of bitcoin is significantly larger...

Thomson Reuters Is Adding 50 Crypto Assets to Finance Data Feed

Canada-based information and news provider Thomson Reuters is to track a number of crypto assets on one of its desktop finance feeds, thanks to a new partnership...

Coinbase Taps Regulation Veteran for Crypto Compliance Chief

Cryptocurrency exchange Coinbase has announced the appointment of its newest chief compliance officer as it moves to become a licensed broker-dealer in the U.S.

Forrester Research: 90% of Blockchain Initiatives by US Firms Will Never Become Operational

About 90 percent of currently active U.S. companies’ blockchain initiatives will ultimately be abandoned. This statistic comes from a study by Forrester Research...

Asset Management Firm Northern Trust to Start Crypto Custody Business

Northern Trust Corp., a leading global asset management firm with $954 billion in total assets under management, is planning to start a custody service for digital assets...

KPMG Report: US Blockchain Investment in 2018 to Date has Outstripped 2017’s Total

Fresh analysis from KPMG shows that blockchain investment in the U.S. in the first half of 2018 has exceeded the overall total seen in 2017, according to its biannual...

88% Of Crypto Exchanges Want Industry Regulation, New Study Reveals

Lithuania-based crypto payment company Mistertango has released a study which reveals that 88% of cryptocurrency exchanges want industry regulation.

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