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Cryptocurrency News From Japan: March 1-7 in Review

Local News This week’s headlines from Japan include crypto exchange Zaif reopening account registrations, government agencies meeting on crypto, the Federation of Economic Affairs submitting a national Blockchain proposal, Coincheck adding Qtum, and Rakuten Wallet opening leverage trading account ..

Cryptocurrencies Are Not a Safe-Haven Asset, Says Expert

News Cryptocurrencies have not been used as a safe haven amid challenges the global economy has faced at the beginning of the year, one expert says. The world has already seen a slew of market-shaking events this year including trade policy uncertainty, geopolitical tensions and the coronavirus ep..

Bitmain Cofounder-Backed Crypto Startup Aims to Raise $140M in New Funding Roun

News Bitmain cofounder-backed crypto trading platform Matrixport has announced a new funding round aiming to raise as much as $140 million at a post-investment valuation of $300 million. Singapore-based Matrixport revealed its fundraising plans to investors in recent weeks, according to people fam..

Blockchain to Bring Transparency to Uranium Markets

News Major uranium producer Uranium One and distributed ledger technology (DLT) startup Insolar have teamed up to explore blockchain’s capabilities in uranium and energy trading. The partnership will focus on the improvement of the production and distribution of uranium, as multi-party deals in th..

Stock and Crypto Trading App Robinhood Fixes Day-Long System Outage

News Following a major technical outage, popular stock and cryptocurrency trading app Robinhood is purportedly operational again. The popular platform for trading stocks and cryptocurrencies like Bitcoin (BTC) experienced a major technical outage, causing a loss of access to user accounts. On Mond..

High-Frequency Trading, Explained

High-frequency trading is a technique that involves specialized software and algorithms, high-end computers, low-latency internet access and up-to-the-moment market data in order to outpace all of the competition and allow for unique strategies not otherwise possible.  High-frequency trading, ..

Bitfinex to Delist Nearly 50 Cryptocurrency Trading Pairs on March 6

News Bitfinex, the 11th largest cryptocurrency exchange by daily trading volume, will remove dozens of cryptocurrency trading pairs later this week. According to a March 2 blog post, Bitfinex will remove 46 crypto trading pairs on Friday, March 6 due to low liquidity on the platform. The cryptocur..

Tether Calls Market Manipulation Allegations ‘Reckless and False’

News Once again, Tether has ridiculed and dismissed allegations that it used its USDT stablecoin for manipulating Bitcoin’s (BTC) price. In a statement sent to Cointelegraph on Feb. 28, iFinex, the firm behind Tether, states that the claims in the market manipulation lawsuit against the firm are “..

Price of Bitcoin Drops After $150 Million Liquidated on BitMEX

News Today the cryptocurrency market saw a huge drop in the price of Bitcoin (BTC). According to the data analytics provider Skew on Feb. 26, over $150 million worth of Bitcoin was liquidated on the trading exchange BitMEX, the most seen since the new year began. Millions of dollars of long and s..

‘Crypto Mom’ Accuses SEC of ‘Shifting Standards’ Following Bitcoin ETF Rejection

News The US Securities and Exchange Commision has rejected New York based firm Wilshire Phoenix’s Bitcoin Exchange Traded Fund (ETF) application, citing ongoing concerns over market manipulation and a lack of surveillance-sharing agreements. Commissioner Hester ‘Crypto Mom’ Peirce has publicly dis..

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