Crypto Fact

 79 percent of attendees at crypto events are male, according to a report by events-oriented software firm Bizzabo on Jan. 28. After analyzing the registration information of 100 different cryptocurrency-related events in 15 countries, Bizzabo found that the overwhelming majority of attendees were male. In the course of the survey, Bizzabo took data from the United States , the United Kingdom , Belgium , Canada , Israel , Hong Kong , China and Australia , with the U.S. leading other countries in the number of registrants and attendees at crypto events. 57 percent of attendees were employed in the financial sector, while other registrants at crypto events worked in such fields as IT (14 percent), computer software (13 percent) and banking (10 percent), among others. Alon Alroy, Co-founder of Bizzabo, said “Like the tech industry, at large, there is a lack of gender diversity in the overall virtual currencies space.” Alroy added: “The lack of gender ...

In the last 24 hours, the Bitcoin price has slightly recovered from $3,451 to $3,526 following the announcement of Fidelity to launch Bitcoin custody by the end of the first quarter. The valuation of the crypto market has increased by $2 billion overnight as Bitcoin (BTC), EOS (EOS), and Ethereum (ETH) rebounded in the range of one to three percent against the U.S. dollar. Why Bitcoin is Still Vulnerable While the recovery of Bitcoin prevented a further decline in price to the low $3,000 region, traders generally agree that the dominant cryptocurrency still remains vulnerable. DonAlt, a cryptocurrency technical analyst, stated that if Bitcoin fails to remain above the $3,300 to $3,500 range, it may face a quick drop to the $2,000 region. “Sitting in the last buy zone before new lows. Cut some of my buys due to the breach of the top of the zone. Looking to re-add them if it is reclaimed. If green fails ($3,300) I expect a quick move into the $2,000s. If it holds ...

Malta is home to more than twice the amount of crypto exchange trading than the U.S     Financial centers like New York and London might be home to the hustle and bustle of equity and currency trading, but in the world of cryptocurrency, traditional hubs rank down the list. According to a December exchange report by CryptoCompare, a global digital currency data provider, the country that facilitated the largest volume of cryptocurrency exchange trading is a small island in southern Europe with a population of less than half a million: Malta. In December, Maltese exchanges processed just under $40 billion worth of digital currencies, more than second-place Hong Kong with $32.5 billion and twice as much as the U.S., the fifth largest hub for crypto exchange trading.  Crypto trading by location “It’s home to some of the largest exchanges who have chosen to set up shop as they [Malta] have carved out a crypto-friendly regulatory atmosphere,” said Charles ...

    Crypto markets dumped for the third time in three days, Ethereum, BCH and BSV hurting, Tron recovering. Following a weekend of very minimal activity on crypto markets a third wave has dumped another $5 billion from them late on Sunday. This latest purge, the third in as many days resulted in total market capitalization dropping below $117 billion before recovering a little today. Bitcoin has fallen through key support at $3,600 and hit an intraday, and yearly low of $3,545 a few hours ago. BTC is currently trading at the bottom of its range, down 2% on the day at $3,590. Analysts are predicting further losses over the coming months and the 2019 rally is now officially over. As usual Ethereum has been hit harder with a 5% dump back to $116 before it made an attempt at recovery to $119. Since its high of $160 ETH has dumped over 25% and even Constantinople cant rescue it at the moment. The gap between XRP in second is now almost a billion dollars agai...

  The European Commission has its work cut out after an official report concluded that the patchwork of different rules across the European Union covering crypto-assets could be exploited, and consumers could be failed by a lack of regulations. A year-long study into member states’ treatment of crypto-assets prompted the European Banking Authority to urge the commission, which drafts EU legislation, to undertake a detailed examination of whether it is feasible to draw up new pan-EU rules that would cover the burgeoning sector. The EBA, which ensures banking regulation is implemented equally across the EU, said the commission was best placed to undertake a cost-benefit analysis about extending regulation because it needed to look beyond the banking sector. “Typically crypto-assets fall outside the scope of EU financial services regulation,” the EBA report reads. “Moreover, divergent approaches to the regulation of these activities are emerging across the EU. These factors gi...

Overregulation in Ukraine is reportedly preventing the cryptocurrency industry from evolving in the country. An official of the Ukrainian central bank (NBU) told this to a local crypto news outlet LetKnow Tuesday, Jan. 8. Mikhail Vidyakin, the director of the strategy and reform department of NBU, believes there are too many institutions in the country that have the authority to regulate cryptocurrencies. LetKnow has highlighted that there are at least three government organizations in Ukraine that fall under that definition: the NBU, the Ministry of Finance and the National Securities Commission. In order to foster the development of the industry, the number of its potential regulators needs to be reduced, Vidyakin claims. Moreover, Vidyakin believes that Ukraine needs a more clear regulatory framework for crypto, along with better definitions for the industry. The NBU official further commented that he supports regulations that allow the market to grow and tha...

Crypto markets making moves on Monday; Litecoin, Cardano and Neo racing ahead, Ethereum sluggish. Another crypto market rally has greeted us this Monday morning as $7 billion flowed back into digital currencies over the past 24 hours. The bounce has taken total market capitalization over $135 billion and the two week trend is still a positive one. Bitcoin had another one of its vertical spikes a few hours ago as the big green candle broke through resistance and topped $4,000. The good news is that BTC has held on to its gains this time and is currently trading at around $4,070, up 6% on the day. Ethereum has not made much this time around, adding a meager 2.5% on the day taking it back over $155. This has enabled XRP to close the gap with a 4% gain on the day to $0.370. The market cap difference between second and third is now $1.2 billion. The rest of the top ten is all green during the Asian trading session today. Streaking off ahead is  Litecoin  adding 9% on t...