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Reddit data reveals weird correlation between cryptocurrency volatility and HODLing The cryptocurrency market has been going through a rough patch over the past couple of months. It seems this extreme price volatility has driven heaps of Reddit users away from the "HODL" life – the common practice of holding on to your coins despite abrupt drops in value. Over at the popular ...
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South Korea to Inspect 3 Banks Over Cryptocurrency Exchange Compliance South Korea's primary financial regulator has confirmed upcoming inspections of three major domestic banks that provide services to cryptocurrency exchanges over their compliance with new AML norms. In a statement on Monday, the Financial Services Commission (FSC) said it will be conducting ...
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Institutional Investors are Entering Mature Cryptocurrency Market, Bitcoin Surge Likely The entrance of the institutional market at the end of 2017 has led cryptocurrency traders through an emotional rollercoaster, from gigantic gains to tremendous losses. The market kept bleeding until it found its low in February 2018. Analysts predict there will be a surge in institutional demand this year, ...
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Japanese Regulator Suspends Two Crypto Exchanges Over KYC Failings Japan's financial regulator has ordered two cryptocurrency exchanges in the country to halt their operations for two months due to insufficient know-your-customer (KYC) procedures. Effective immediately, the suspension will last until June 5 and June 7, respectively, for Eternal Link and FSHO, according ...
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