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Binance At Last Confirms Autumn 2020 Launch of UK Platform

[Jul 9 10:20 AM] Binance first announced plans for a UK crypto trading platform in mid-June. The company has now confirmed an Autumn 2020 rollout. Source: binance.com The UK platform will provide GBP and Euro on/off ramps via bank transfer through the UK’s…

Bitcoin Collapses below $7,500 after Brexit Breakthrough

[Oct 23, 2019 3:28 PM] Bitcoin took a deep dive on Wednesday to test the levels last seen in May. The benchmark cryptocurrency plunged by up to circa $566.29, or 7.65 percent, in just two hours of trading. The move downside brought bitcoin down to a session low of…

Bitcoin Holds Gains against Trade Deal Hopes, Brexit Uncertainty

[Oct 22, 2019 1:00 PM] Bitcoin was maintaining its weekend gains on Tuesday as investors assess positive outcomes from the ongoing US-China trade talks but remained uncertain over the Brexit deal. The benchmark cryptocurrency established a session high of $8,296.50, up…

Five Reasons Why Bitcoin Watchers Shouldn’t Worry

[Oct 19, 2019 11:34 AM] Overview Pessimistic sentiment has been looming the cryptocurrency markets as we passed the halfway mark of October. Bitcoin has been trading below the 8000 levels again and approaching the month-low levels near 7760. Although the picture may not…

Bitcoin Corrects Above $8K against Weak US Data, Brexit Deal

[Oct 17, 2019 1:00 PM] Bitcoin was attempting to hold $8,000 as support on Thursday after it slipped briefly below the said level yesterday. The benchmark cryptocurrency surged by 0.83 percent, or $66.14, to trade at $8,059.68. The move uphill came after a depressive…

Bitcoin Underperforms as Investors’ Focus Remains on Brexit

[Oct 16, 2019 1:00 PM] Bitcoin was trading in negative territory on Wednesday as a broader market focus remained glued on Brexit and other critical macroeconomic events. Bitcoin price slips as speculators/investors shift focus elsewhere | Image credits: TradingView.com…

UK Forex Giant Launches New Bitcoin Service as Brexit Fears Grow

[Oct 14, 2019 2:00 PM] UK-based FXCM Group has introduced a new bitcoin trading service right around the time when investors weigh the possibility of a hard Brexit. The forex brokerage giant announced in a press release published on Monday that it is launching…

Bitcoin Eyes Gains as Pound Drops on Brexit Uncertainty

[Oct 14, 2019 1:00 PM] Bitcoin was inching higher on Monday in the UK markets as Pound gave up some part of its last week’s sharp gains. Bitcoin shows upside sentiment as the Pound drops to 1-month low | Image credits: TradingView.com The cryptocurrency surged by…

Coinbase Receives E-Money License From the Central Bank of Ireland

[Oct 13, 2019 2:18 PM] Coinbase has secured a new legal foothold in Europe. The San Francisco-based cryptocurrency exchange has received an e-money license from the Bank of Ireland, which it can potentially use to continuing serving its customers across the continent, in…

Bitcoin Directionless as Trade Tensions Ramp Up Before Talks

[Oct 9, 2019 1:00 PM] An unch bitcoin struggled to find its next direction on Wednesday as investors placed their sentiments behind global stocks. The benchmark cryptocurrency surged by a minor 0.07 percent to trade at $8,185.34 – as of 11:24 UTC. Earlier today, it…

Fintech May Flounder But Britain’s Brexit Will Boost Bitcoin

[Sep 5, 2019 6:00 AM] Economic hardship, whether driven by trade wars or political divisions, usually drives investors into safe haven assets. It has been the case for gold and Bitcoin this year as currencies get crushed and recession fears loom. Britain’s Brexit woes…