The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world’s total.
The company aims to drive the adoption of the blockchain technology by overcoming the current limitations that hinder its usage by companies.
In spite of a very unstable situation on the crypto market, the world’s largest virtual currency exchange expects $1 billion of profit this year.
Thanks to amendments that the government plans to make to the Banking Act, Bermuda is to become a new destination for fintech innovation.
Malta is actively working on becoming the friendliest jurisdiction for firms dealing with cryptocurrencies from all over the world.
The trading services were likely stopped due to some potential issues with the functioning of the Syscoin blockchain network as Binance caters to 87% of trading volumes for the SYS coin.
![Weekly Blockchain Industry Report [June 23-29]](https://www.coinspeaker.com/wp-content/uploads/2018/07/weekly-blockchain-report-june-2018.jpg)
Check out the report created by OK Blockchain Capital covering main trends of blockchain industry over June 23-29, 2018, with strong focus placed on the market overview, analysis of the newly listed and closed public sales projects, along with topical news on global governmental policies.
The situation in Africa is characterized by extremely low level of bank adoption – and this fact may work in favor of the crypto sphere development in the region. The new platform called Binance Uganda will try to attract users with a month of zero transaction fees.
More than half a million traders have already pre-registered to join DX.Exchange platform that is said to start opening accounts later this month.
Tether has issued another 250 million of its eponymous tokens and has become one of the world’s 10 largest cryptocurrencies.
While striking it rich by trading is easier said than done, automatic trading bots developed by 3Commas are set to change the game.
Tokenization platform TrustToken has just raised $20 million in its ICO with the help of Andreessen Horowitz (a16z) and other venture corporations.
AI Trader broadens the list of available services and, along with Autonomous AI Powered Crypto Trading and Leverage Trading, enables trading on all pairs with both a stop loss and take profit simultaneously.
The cryptocurrency exchange platform Encrybit conducted a survey on the cryptocurrency exchanges. It has revealed the weak points of the sphere and identified the needs of professional traders.
HybridBlock has collaborated with TrustToken for utilizing TrueUSD on its HybridExchange as a base pairing preventing traders from market volatility.