Poloniex Drops More Crypto Pairs as Altcoins Become Apparitions

Altcoin fervor is definitely at a low, so much so that crypto exchange Poloniex has dropped 23 pairs citing low volume. Many of the pairs that were popular in 2017 and during the ICO boom have fallen out of favour, as altcoins in general remain at rock bottom prices. Crypto Pairs Axed According to Coinmarketcap.com […]

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Circle Shifts Exchange Operations to New Bermuda Office

As the U.S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its bags and moved offshore to Bermuda. Circle Moves to Evade Oppressive Regulation As regulatory pressure continues to stack up against cryptocurrency companies, Circle has announced that it is moving nearly 100% of its exchange operations offshore. Circle […]

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Circle Warns US Cryptocurrency Laws are ‘Chilling Innovation’ –

Goldman Sachs-backed cryptocurrency startup Circle says lack of clarity from U.S. regulators about digital assets is hurting the country’s crypto market. Regulatory Ambiguity Hurting US Cryptocurrency Market In a blog post published on Thursday (May 23, 2019), Circle put forward its opinion about the current regulatory environment for cryptocurrencies in the U.S. According to the […]

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Goldman-Sachs Backed Circle Blames ‘Restrictive’ US Laws for Layoffs

Bitcoin and crypto are rising, but Goldman Sachs-backed Circle laid off 10 percent of its workforce blaming a ‘restrictive’ regulatory climate. But is that just a smokescreen to mask Circle’s dwindling user base? SEC Bullish on Bitcoin, Bearish on Alts OK, so we may not call the SEC exactly ‘bullish’ on Bitcoin. In fact, quietly […]

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SEC Finally Coming for ICOs? Poloniex Delists 9 Crypto Tokens

Rumors of an SEC crackdown are flying after Poloniex said it will delist nine crypto tokens including DCR for trading to U.S. customers. No Longer Available to U.S. Cryptocurrency Traders Poloniex has announced that it will no longer offer nine cryptocurrency tokens for trading to U.S. customers following reports of incoming regulations against unregistered security […]

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Bitcoin Cash Pre-Fork Trading Sees Dislike for Craig Wright’s Chain

The upcoming Bitcoin Cash hard-fork triggers some interesting opportunities. Numerous exchanges offer pre-fork trading of BCHSV and BCHABC. Both Poloniex and HitBTC are in the process of trading these “futures” at this time. Pre-fork Trading Underway Numerous cryptocurrency exchanges plan to support the upcoming Bitcoin Cash hard fork. It is expected the network will split […]

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‘Full Circle’: Goldman Sachs Backed Startup Launches Stablecoin Cryptocurrency

On September 26th, Circle announced the release its new stablecoin USD Coin (USDC), which will begin trading on Circle’s Poloniex exchange immediately. The new USDC stablecoin will be fully collateralized by USD at a 1:1 ratio. The stablecoin market has been particularly active recently, with several other projects launching in past few months. Circle’s announcement […]

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