Author: Bitcoinia

Blockchain Art Registry Acquires Database With Info From 4K Auction Houses

The blockchain-based art registry startup Artory has acquired auction house database Auction Club, according to a tweet from Artory on March 21. Auction Club is a subscription-only database containing sales information from more than 4,000 international auction houses. According to industry media outlet The Art Newspaper, the move is set to make Auction Club’s sales […]

Bitcoin Market Dominance is Actually Over 80%, New Research Finds

Bitcoin market dominance or BTC’s percentage of the total market cap may not be the best way to get an accurate picture of the market, according to new research. Market Share vs Market Dominance There are certain Bitcoin metrics that we all understand; the price, the circulating supply, the market cap. And then there’s market […]

How Bitcoin Higher High Formation Could Push It to $2,000

The next upside push in the bitcoin market could prompt the cryptocurrency a form new bottom below $3,100. Josh Rager, a hugely followed cryptocurrency market analyst, pitted the current bitcoin price action against another one from the year 2015. He found striking similarities between them, mainly related to a higher high and a higher low […]

SBI Group Sets Up Spin-Off to Manufacture Crypto Mining Chips

Japanese financial giant SBI Group has created a dedicated subsidiary that will manufacture cryptocurrency mining chips, the company confirmed in a notice on March 22. SBI, which has launched spin-offs covering various aspects of the cryptocurrency industry, now says it wishes to expand its influence in the mining sector through the creation of SBI Mining […]

Mexican Central Bank Looks to Hamstring Cryptocurrency Exchanges

Mexico’s central bank, Banco de México, is reportedly leveraging the country’s new fintech law to propose further regulations that would, in all but definition, ban cryptocurrency exchanges.  According to a report from Washington, D.C.-based non-profit research and advocacy center Coin Center, the proposed laws in Mexico would hamstring cryptocurrency exchanges ability to access the local […]