Cryptocurrency Market Dips Below $250 Billion, Bitcoin Price Struggles at $6,600

Bitcoin is struggling to make its way out of the $6,000 region, and it has not been able to test the $7,500 mark since its corrective rally on April 4. The entire cryptocurrency market including both major and minor cryptocurrencies has fallen over the past 48 hours. Bitcoin’s Lack of …

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$33.5 Million: Monex is Buying Hacked Cryptocurrency Exchange Coincheck

Major Japanese online brokerage has confirmed its foray into the cryptocurrency sector by announcing its acquisition of Tokyo-based exchange Coincheck for ¥3.6 billion ($33.5 million). In an announcement on Friday, Monex confirmed it will acquire 100% of all 1,775,267 shares at a cost of ¥3,600 million yen in a share …

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Chilean Cryptocurrency Exchanges See Banking Blockade with Shuttered Accounts

Three Chilean cryptocurrency exchanges, BUDA, Crypto MKT, and Orionx, are about to lose banking services as BancoEstado, the last bank supporting cryptocurrency exchanges in Chile, has announced it’s closing the trading platforms’ accounts. According to local news outlet El Mercurio, the financial institution decided to, for now, “not operate with …

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Ethereum App KittyRace Lets CryptoKitties Race Each Other for a Prize

A new Ethereum game is taking advantage of the success the wildly-popular CryptoKitties app had. The new game, called KittyRace, sees the digital cats race against each other for an Ethereum prize. KittyRace essentially allows digital cat hodlers to enter their pets in a race against others’ pets, for an …

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SEC Quietly Puts Bitcoin ETF Proposals Back on the Table

The US Securities and Exchange Commission (SEC) has quietly begun considering two Bitcoin ETF proposals, public documents show. According to SEC documents dated March 23, the agency has instituted formal proceedings to determine whether to approve a rule change that would allow NYSE Arca to list two exchange-traded funds (ETFs) …

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