Major Latin American E-Commerce Company Bans Cryptocurrency-Related Ads

The largest e-commerce company in Latin America, Mercado Livre, has banned cryptocurrency advertising on their website, Cointelegraph em Português reported on March 18. The development was revealed in an exclusive interview with Cointelegraph em Português after the company’s users reported receiving of emails informing them about the change in Mercado Livre’s policy. The new policy requires all users to remove their listings pertaining to digital currency, otherwise all listings will automatically be taken down from the platform starting March 19. One of the users received a letter, saying: “We would…

Major Crypto Exchanges Huobi Global and OKEx Launch Support for Tron-Based USDT

Two major crypto exchanges — Singapore-headquartered Huobi Global and Malta-based OKEx — have announced their support for the Tron-based version of stablecoin Tether. The developments were announced in two official announcements, both published on March 21. In early March, blockchain protocol Tron (TRX) and Tether, issuer of stalwart stablecoins USDT and EURT, announced their partnership to issue a TRC-20-based USDT — a term that indicates adherence to a technical token standard supported by the Tron blockchain. The new token is designed to be interoperable with all Tron-based protocols and decentralized…

Betting Markets Are A Potential Boon For Major Cryptos

If you’re reading here, you’re likely aware that cryptocurrencies are still looking for major footholds in the consumer world. Those who favor cryptos and are determined to put them to use as functional currencies can generally find ways to do so; this has been true for years now. However, the average consumer tends to look at cryptos now and see one of three things: a gimmick, an investment asset, or something that’s intriguing but poorly defined. There still aren’t clear avenues for using cryptocurrencies for those who aren’t actively, and…

Major Coins See Mixed Signals, Gold Reacts Positively to US Federal Reserve Decision

Wednesday, March 20 — cryptocurrency markets are seeing mixed signals today after moderate growth yesterday. Most top coins are slightly down, with Bitcoin (BTC) trading at around $4,060 at press time. Market visualization from Coin360 BTC is down around 0.13 percent over the last 24 hours, and is trading at around $4,063 at press time. The leading digital currency has seen low volatility during the day, having dropped to as low as $3,993, while the intraday high reached $4,079. As reported earlier today, multiple respondents have filed comments with the…

Major Cryptocurrencies See Slight Gains, Palladium Hits $1,600 for The First Time

Tuesday, March 19 — cryptocurrency markets are mostly trading in the green zone, with Bitcoin (BTC) hovering above the $4,000 mark. Market visualization from Coin360 During the day, BTC has been trading in a narrow corridor between $4,031 and $4,082. At press time, the leading coin is trading at around $4,059, up around 0.62 percent on the day. Today, major cryptocurrency exchange Binance announced that its new service “Binance Lite” will enable the exchange’s Australian customers to purchase Bitcoin with fiat currency from supported newsagents. Bitcoin 7-day price chart. Source:…

Major Crypto Exchange and Wallet Coinbase Adds Support for Stellar Lumens

United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Stellar Lumens, according to an announcement published on March 18. The update states that users can now store, buy, and send Stellar’s cryptocurrency, the Stellar Lumen (XLM), on the Coinbase website, as well as on the Coinbase iOS and Android apps. The publication underlines that the newly added cryptocurrency will be available for the majority of the customers, with the exception of Coinbase users in the United Kingdom or in the U.S. state of New York. Last…

Major South Korean Crypto Exchange Bithumb to Lay Off Up to 50% of Staff

Major South Korean cryptocurrency exchange Bithumb is reportedly cutting up to 50 percent of its workforce, a report from CoinDesk Korea stated on March 18. According to the report, an unnamed official has confirmed that the exchange will reduce its staff from 310 (at the start of March) to around 150, and is offering a voluntary redundancy plan and training support to employees: “Voluntary retirement is part of our support program for former employees and is intended to provide assistance and training for job placement. Apart from that, [Bithumb’s] trading…

Bitcoin Cash Grows as Major Oil Futures Show Mixed Movements

Monday, March 18 — most of the top 20 cryptocurrencies are reporting slight to noteworthy losses on the day by press time. Bitcoin is down just over one tenth of a percent on the day, trading at around $4,024, according to CoinMarketCap. Looking at its weekly chart, the current price is just under three percent higher than $3,906, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Co-founder of advisory firm Fundstrat Global Tom Lee today noted the apparent correlation between Bitcoin’s price action and emerging…

Bitcoin Price Slips at $4,000; A Minor Pullback Before a Major Rally?

Following a spike to $4,068 from the low $3,900 region, the bitcoin price has experienced a slight pullback to $4,000. While the price of bitcoin slightly differs from region to region, on average, bitcoin is currently being traded at $4,017. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists today. Click here to sign up. 7-Day Bitcoin Price Chart (Source: Coinmarketcap.com) Against Tether (USDT) on Binance, bitcoin has dipped below the $4,000 mark to $3,975. Minor…

Crypto Market at Major Crossroads: Litecoin (LTC), BCH, TRX, ADA Price Analysis

The total crypto market cap rebounded recently and revisited the $129.0B resistance area. Litecoin (LTC) price gained nearly 5% and it seems like it could test $58 or $60. Bitcoin cash price is trading sideways below the $130 resistance level. Tron (TRX) corrected above the $0.0220 level, but it could face a strong hurdle near $0.0230. Cardano (ADA) price is gaining momentum and it may trade towards the $0.0500 resistance level. The crypto market cap is approaching a crucial resistance area and it could surge higher. Bitcoin (BTC), Ethereum (ETH),…