Altcoin Watch
The massive move upside appeared as a $165 million fund is launched by OKcoin to build apps on the Bitcoin blockchain using Stacks.
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OKCoin News
OKCoin is a large Chinese exchange platform which works mainly using two currency pairs BTC/CNY and LTC/CNY. Initially, only Bitcoin was available on the platform, but now OKCoin works with other popular virtual currencies. The withdrawal of USD became available in 2014. The company was founded in 2011 by Xu Mingxing. At the beginning, the platform was available to operate only in China but the decision to spread OKCoin beyond Asia was made in order to support the Bitcoin community. However, the company has no intention of getting a license in the US. The main difficulty of working with OKCoin is the need for registration using a personal number which only Chinese citizens have. In terms of OKCoin’s price for making operations there is no fee for doing transactions in CNY except for a 0.1% commission for withdrawals.
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With the hiring, Okcoin has many women in key leadership positions, including CEO Hong Fang as well as head of content and brand Mandy Campbell.
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The recent purchasing behavior of institutional investors contrasts with that in 2020 and earlier, when “institutions exclusively favored altcoins that were at least four years old, such as Ether and Litecoin.”
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“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi.
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Megan Monroe said an "incubator" approach might be one possible solution to the current “patchwork of financial regulations” in the United States.
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MiamiCoin is not just a cryptocurrency, but rather a decentralized application that can function as a developer platform for cities.
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CEO Hong Fang said Okcoin was focused on Europe as part of the firm's global growth plans.
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Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong.
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The native token of a crypto project that brings apps and smart contracts to Bitcoin has been listed by a major exchange.
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What’s going on with Ether's and Bitcoin's recent price moves?
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The crypto exchange said the situation between Ripple and the SEC "will take time to reach a resolution."
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The new office will reportedly serve as a new hub for crypto traders in Asia and Oceania.
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Gold–BTC correlation drops 20% one week after hitting all-time high of 68%, correlation metrics are often misleading for investors.
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OKCoin developer grants total over $500,000 with the latest grant going to Bitcoin’s most active contributor since 2017.
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OKCoin says recent U.S. regulatory clarity on digital asset custody is significant for big money players.
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