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The Raven’s Dispatch – Nov 20, 2018 – Bitcoin and Crypto on the ropes

Posted on by Bryan

Bitcoin on the ropes, fighting spirit broken?!

Anyone telling you how AWESOME 2018 is can go straight the f*#k back to whatever hole they crawled out of. 2018 has been the pits. But the amazing thing about being down is that we normally get up. And we all know BTC is the champ, and we know the champ ALWAYS has gas left in the tank. If humanity could survive the Spanish Flu epidemic of the 20th century, so too can Bitcoin survive this mild yet annoying 2018.

We are back from a brief hiatus and are totally ready to get you back into the crypto mix with news, price analysis and interesting articles from around the internet! (Read: I took a vacation and frankly preferred not to interact with the insane crypto posse <3).

The overall cryptocurrency market keeps punching us in the gut dropping from $211bln to $153bln representing a vertigo inducing 27% drop in the past seven days. The Bitcoin Cash shenanigans did not help.

livecoinwatch Top5 Nov 20
WTF RIPPLE

BITCOIN (BTC/USD): The strongest digital coin by market cap veered off from stability following the BCH fork meltdown which saw it lose 10%, breaking the $6000 support level. Throughout the week, the coin hit a high of $6434.21 and the low point of $5358.38.

Ripple (XRP/USD) overtook ETH in market capitalization: XRP moved to second place as Ethereum took a beating. On the top, this week the prices of XRP were at USD 0.525536 and towards the bottom, it quoted USD 0.430398. Ether prices took a beating and lost its long-standing second place to XRP.

Bitcoin Cash (BCH/USD): The crypto everyone loves to hate. On November 14 BCH  split in two; BCH ABC and BCH SV. The fork led to a break of the recent stability, with most cryptos taking a 10% drop.

For a more detailed analysis check out our Weekly Cryptocurrency markets analysis here.

WHAT’S NEW AT CRYPTO IS COMING

Kriptomat Exchange Review – Kriptomat is a crypto-trading and e-wallet service officially licensed to operate within the EU. The exchange now offers 17 crypto-to-fiat pairs and also support over 20 languages. Need help in Spanish? No pasa nada. Don’t know how to deposit cash? N ie ma problemu. Enjoying a stroll along the Hungarian part of the Danube? Megkaptuk. Kriptomat has you covered.

The cryptocurrencies currently on offer are Bitcoin, Ethereum, Litecoin, Augur, Gnosis, 0x, OmiseGO, Enjin, Status, SunContract, Metal, Civic, Request Network, FunFair, PropyDash, Litecoin and Loopring. And guess what, all of these currencies can be traded against the Euro. Check out our full review of Kriptomat.io here. Sponsored.

Weekly Cryptocurrency markets analysis: November 11 to November 18 – Our weekly price analysis of crypto. This week was characterized by fundamental news of: The Bitcoin Cash Fork disagreement which brought the markets down and Ripple overtaking Ethereum to become the second top digital coin by market capitalization.

Japanese Insurer acquires 10% stake in African-based Bitcoin firm Bitpesa – Japanese based Sompo Holdings Inc. has partnered with Bitcoin remittance firm Bitpesa in a 570 Million Yen ($5 Million) deal. The partnership is aimed at increasing crypto-related fiat remittances between the U.K. and Kenya.

New York City Department of Financial services issues 14th BitLicense – What did I tell you about institutional investment. Foundations are being layed. The application had been filed by a subsidiary of NYDIG LLC- NYDIG Execution LLC. The latter company has been granted licensing for the operation of a virtual currency and money transmission service.

Voting With Blockchain – Pros and Cons – A lot has been said about using the blockchain to solve the worlds problem, but can it truly help when it comes to voting? Conor takes a closer look at the pros and cons of Voting With Blockchain.

The VanEck Bitcoin ETF – One day, Crypto is Coming, one day we will get an ETF! We’ve discussed the possibility of a Bitcoin ETF in the past and the doors such a tool could open (and close) for the crypto space. VanEck is an investment management firm headquartered in New York and founded in the mid-fifties. Will they be the first Bitcoin ETF?

Greece Supreme Court accused of blatant violation of accused’s rights – All Alexander Vinnik wanted to do was sell you crypto. Now he is the subject of an extradition battle between a few countries.

CRYPTOCURRENCY NEWS FROM AROUND THE INTERNET

Headmaster Fired for Stealing School’s Electricity to Mine Crypto – Sneaky bastard. Can’t blame him though, can we? I mean being in the education sector is guaranteed to drive you into poverty.

A Crypto Apocalypse Wipes Out Over $20 Billion in 24 Hours – The year 2018 was the year of crypto……Said no one ever.

First Russian grain cargo traded using blockchain – The first physical trade of a wheat cargo in the Black Sea using blockchain technology was recorded on Monday in the latest step towards broader adoption of the digital ledger in agricultural trade.

Bloodbath Continues as Crypto Markets Collapse 33% in a Week Losing $70 Billion – Oh come on man!

[PSA] Non-genuine Trezor One devices spotted – Trezor has issued a warning of one-to-one copies of Trezor appearing on the market. This is clearly a fake. Don’t buy devices from unapproved resellers. Check for differences in packaging. Avoid steeply discounted Trezor wallets.

OKEx Pushes Back Against Manipulation Claims – OKEx will not let you smear it’s good name! Things are getting testy and OKEx is strarting to pushback. SAUCY!

Iran Close to Shifting Rial to Digital Currency Due to Sanctions – Iran is about to launch its Rial digital currency, which is being developed by the Informatics Services Corporation. According to the agency’s CEO, Seyyed Abotaleb Najafi, the coin will support Iran’s fiat.

Microsoft Releases Cloud-Based Azure Blockchain Development Kit – American software corporation Microsoft has released a serverless blockchain-powered Azure development kit, according to an announcement published Nov. 15.

Thanks for joining us this week! If you have something interesting you would like to submit reach out to us at info@cryptoiscoming.com. And don’t forget, Crypto is Coming!

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Kriptomat Exchange Review

Posted on by Conor Maloney

Cryptocurrency was invented to break the monopoly financial institutions have on people’s personal finances and on the concept and distribution of money in general. Now instead of a handful of fiat currencies and banks there are thousands of cryptocurrencies and hundreds of exchanges.

It’s a huge leap forward to have that kind of individual choice, but that can become overwhelming too, and it can be hard to know which crypto services to go for. Today we’re going to be reviewing Kriptomat cryptocurrency exchange and examining the different features available to customers.

Kriptomat – Crypto to Fiat

Kriptomat is a crypto-trading and e-wallet service officially licensed to operate within the EU. The exchange now offers 17 crypto-to-fiat pairs, a welcome feature for those who don’t wish to go through Bitcoin as a “middleman” currency in order to trade cryptocurrencies.

With service and support in over 20 languages, the exchange is suitable for users from all over Europe.

The cryptocurrencies currently on offer are Bitcoin, Ethereum, Litecoin, Augur, Gnosis, 0x, OmiseGO, Enjin, Status, SunContract, Metal, Civic, Request Network, FunFair, PropyDash, Litecoin and Loopring. These currencies can all be traded against the Euro and the exchange is open to all 508 million inhabitants of the EU.

Wholesale Prices

The exchange offers wholesale Bitcoin prices. While fees can stray higher than on trading platforms, the price of Bitcoin is actually lower on Kriptomat on average when compared other exchanges. Kriptomat offers a 25% revenue sharing program for users and affiliates with a very user-friendly interface and purchasing system that is geared towards entry-level users as well as advanced traders.

The exchange makes a point of offering the features of an advanced trading platform without locking out new users with a beginner’s understanding, based on the ethos that cryptocurrency trading needs to be more accessible for new users in order to drive adoption and facilitate fresh growth in the space. To that end, the exchange has published a step-by-step guide to purchasing crypto for first-time users.

The Team

The founder is digital marketing and sales professional Srdjan Mahmutovich who previously built a successful B2B digital marketing agency with 40 employees and coworkers. Mahmutovich also developed Platformax, an inside sales platform for sales teams which is now operating in 16 different countries.

Also of Platformax is Chief Business Development Officer Dejan Davidovic, a Business enthusiast with a passion for modern technology with more than 15 years experience in business development and marketing as entrepreneur and consultant.

The Chief Legal Officer is Mina Kržišnik, LL.M, a digital lawyer and founder of digital law firm IURICORN. With a Masters in Law and years of experience in the field, Kržišnik ties off a strong founders team with ten other staff members also working on the exchange in various roles.

The exchange is operational and continuing to meet growth targets, recently adding Litecoin in a LTC/EUR pair. It’s also rolling out new developments and keeping users updated through the blog which published an article recently about the early-stage mobile app already available through Google Play Store. The community can be reached on Telegram, Twitter, Facebook, Reddit, and the Kriptomat website.

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Interested in other cool crypto content? Check out The Dawn of Crypto Lending and ICO teams paying for “fake” volume

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Crypto Exchanges – Where to buy bitcoin

Posted on by Gregg

Where can I buy and trade bitcoin?

With so much news about bitcoin and cryptocurrencies lately, a lot of you may be asking yourselves “where can I buy bitcoin?” and trade this new digital asset class. This may vary depending on where you are located and what coins you want to buy. In this post I’m going to provide an overview on the largest crypto exchanges and compare and contrast them so you can decide which is the best fit for you.

One final piece of advice from us here at Crypto is Coming: Be sure to use google authenticator for 2 factor authentication as an added layer of security when using ANY of these platform. If you buy bitcoin through one of these companies, make sure to go to our wallets guide to find out the best  way to store your bitcoin safely.

ExchangeReputationSupported
Countries		Ease
of Use		Available
Currency		Payment
Methods		Visit Site
Kriptomat IOStill New/Good so farEuropeVery EasyBTc, ETH, LTC, DASH, REP, +12 moreBank Transfer, Credit Card, Visit Kriptomat
Coinbase exchangeVery GoodUS +32
countries		Very EasyBTC, ETH, LTC
(More coins
coming 2018)		Bank transfer, credit card, Visit Coinbase
Bitfinex exchangeAverageNon US OnlyAdvancedBTC, XRP, ETH,
LTC,+60 more		CryptocurrencyVisit Bitfinex
Kraken ExchangeVery GoodWorldwideEasyBTC, XRP, ETH,
XLM,+40 more		Bank transfer, CryptocurrencyVisit Kraken
Bittrex exchange Very GoodWorldwideAdvancedNEO, ETH, LTC,
XRP,+100s more		CryptocurrencyVisit Bittrex
Binance exchangeVery GoodWorldwideAdvancedZEC, ETH, LINK,
XLM,+100s more		CryptocurrencyVisit Binance
Ploniex exchangeAverageWorldwideAdvancedXRP, LTC, XMR,
OMG,+100s more		CryptocurrencyVisit Ploniex
CEX.IO Very GoodWorldwideVery EasyBTC, ETH, BCH
DASH, ZEC,
+15 more		Credit card and bank transfersVisit Cex.io
GoodWorldwideVery EasyBTCBank transfer, credit card or bitcoinVisit Xapo
Bitmex GoodWorldwideExpertBTCCryptocurrencyVisit Bitmex
GoodWorldwideEasyBTC, ETH, NEO, LTC, BCH, +100s moreCryptocurrencyVisit Bitmex

Kriptomat

Kriptomat is a crypto-trading and e-wallet service officially licensed to operate within the EU. The exchange now offers 17 crypto-to-fiat pairs, a welcome feature for those who don’t wish to go through Bitcoin as a “middleman” currency in order to trade cryptocurrencies. With service and support in over 20 languages, the exchange is suitable for users from all over Europe. The cryptocurrencies currently on offer are Bitcoin, Ethereum, Litecoin, Augur, Gnosis, 0x, OmiseGO, Enjin, Status, SunContract, Metal, Civic, Request Network, FunFair, PropyDash, Litecoin and Loopring. For more details check out Kriptomat review here.

Coinbase (Gdax)

Based in San Francisco, California, Coinbase is the largest cryptocurrency exchange in the United States in terms of users. Backed by silicon valley VC, and with a valuation of $1.6 billion, Coinbase has become the go-to platform for new customers looking to buy Bitcoin for the very first time. Recently they’ve added as many as 100k users per day. Coinbase offers a easy use platform for buying and selling Bitcoin, Ethereum or Litecoin via bank deposit or credit/debit card (with associated fees). Among exchanges Gdax offers real time trading (and lower fees). Interface is one of the best, but it has been known to go offline in times of extremely high volume, so take that into consideration when using the platform.

While Coinbase is currently limited in terms of the currencies that it has listed, the company has vowed to add more coins in the coming year. Support tickets may take a while to receive a response depending on the urgency as they are growing faster than they anticipated. Visit Coinbase

Bitfinex

Based in the United States, Bitfinex is the largest crypto currency exchange in the world in terms of volume. Bitfnex offers trading for Bitcoin, as well as many of the largest and most well know alt-coins. Along with traditional spot trading, they also have margin trading, allowing users to trade with more capital than what they have in their account. The interface is one of the best in the industry although not exactly beginner friendly. Bitfnex allows crypto deposits for coins they support as well as wire transfers over a certain amount. They’ve recently come into question regarding their use of Tethers (USDT), a token backed by USD which facilitates that deposits on the platform, and have mentioned that a formal audit is on the way. Make sure to monitor this story in the coming weeks and months as it should shed light on the internal processes of the company. Visit Bitfinex

Kraken

Based in San Francisco, California, Kraken is the largest Bitcoin exchange in terms of euro volume and liquidity. The exchange also has trading for Bitcoin in Canadian dollars, US dollars, British pounds and Japanese yen making it a great option for users wanting to buy bitcoin internationally. Kraken was the first Bitcoin exchange to have trading price and volume displayed on the Bloomberg Terminal. It was also first to pass a cryptographically verifiable proof-of-reserves audit. The platforms supports BTC as well as many large and mid market cap alt-coins. Kraken also allows margin trading and deposits via bank wire or BTC and other cryptos. The interface is possibly the worst among the large exchanges with a trading engine that constantly freezes and requires users to refresh the page. Take this into consideration when trading on this platform. Visit Kraken

Bittrex

Based in the United States, Bittrex is the 2nd largest alt-coin exchange in the world in terms of volume (just recently surpassed by Binance). It has hundreds of currencies and tokens available for trading and has become the most trusted alt-coin exchange by crypto traders in 2017. Bittrex supports crypto deposits for any currency they have listed and have said they will integrate margin trading soon. Bittrex support is generally more responsive than other sites, but still not up to most users’s expectations. The interface is very good, minimalistic, easy to use and has a pretty good trading engine. Although the site has recently experienced some loading issues with the extreme growth the crypto space is experiencing, this has not affected them too much. Visit Bittrex

Binance

Based in China, Binance is a new and up and coming crypto exchange that has recently gained popularity and acceptance among the crypto trading community and actually surpassed Bittrex as the #1 alt-coin exchange in terms of volume. They allow cryptocurrency deposits for any coin or token they have listed and have one of the fastest and most reliable trading engines on the market along with lower fees than their competition. The interface is very good, easy to use and rarely has any lag when loading pages. The support is somewhat lacking compared to other exchanges so it might take a while longer for users to enhance their verifcation on the site for increased withdrawal limits. Binance is currently the number 2 alt coin exchange in terms of volume behind only Bittrex. Visit Binance

Poloniex

A US exchanged based out Delaware, Poloniex was the top alt-coin exchange in the world as recently as March, 2017. They offer alt-coin trading, crypto deposits and have a large variety of currencies and tokens listed on their platform. You cannot buy bitcoin with USD on Poloniex. The interface is pretty good, on par with some of the other sites, but they started having customer support and site connectivity issues earlier this year, prompting the two companies listed above to surpass them in terms of volume and community acceptance. Some of the concerns with Poloniex include withdrawal issues and the trading engine freezing in key moments causing users to lose some trust in the company.Visit Poloniex

XAPO

Xapo is incorporated in Hong Kong , has an office in Palo Alto, California and operates Worldwide. They provide both wallet and exchange services for Bitcoin with USD deposits through bank wire, credit/debit cards, some payment processors as well as BTC deposits.  They have a BTC debit card service and a great mobile app for android and iOS. Xapo places emphasis on security and  actually use a bunker in the swiss alps for storing private keys. Their online interface is simple and easy to use. A great place for new users to buy Bitcoin as well as one of the better online wallets to store Bitcoin. Visit Xapo

Kriptomat 

Kriptomat is a crypto-trading and e-wallet service officially licensed to operate within the EU. The exchange now offers 17 crypto-to-fiat pairs, a welcome feature for those who don’t wish to go through Bitcoin as a “middleman” currency in order to trade cryptocurrencies. With service and support in over 20 languages, the exchange is suitable for users from all over Europe.

The cryptocurrencies currently on offer are Bitcoin, Ethereum, Litecoin, Augur, Gnosis, 0x, OmiseGO, Enjin, Status, SunContract, Metal, Civic, Request Network, FunFair, PropyDash, Litecoin and Loopring. These currencies can all be traded against the Euro and the exchange is open to all 508 million inhabitants of the EU.

CEX.IO

Based out of London, CEX.IO offer exchange services for Bitcoin and Ethereum for users from most countries around the world. Currently they allow deposits via bank transfer and credit/debit cards and are registered with FinCEN which may give users an added sense of security. Their interface is beginner friendly but they do not have many different cryptocurrencies to choose from. CEX.IO may serve as an on-boarding platform from fiat currencies to BTC or ETH where users can initially enter crypto and then transfer over to other exchanges for a wider variety of alt-coins. Customer support is usually fast and done via email as well as extensive FAQ. Fees for the exchange are about industry average. Recommended for new users wanting to buy bitcoin internationally. Visit CEX.IO

Bitmex

Based in Hong-Kong, Bitmex is a real-time, cryptocurrency derivatives trading platform for professional investors. It provides currency futures trading, stock derivatives, and other financial products. Bitmex allows users to deposit in Bitcoin and trade Bitcoin and other large market cap alt-coins with the additional feature of futures trading (speculating on the future value of these assets). It operates in China, Europe, South Korea, and Japan as well as other selected non US countries. The site has a really good but not beginner friendly interface and a great trading engine, but lacks the liquidity when it comes to alt-coins. The advanced functionality of the platform, including futures trading, might scare off some users not accustomed to these types of markets.  Visit Bitmex

Kucoin

Based out of Hong Kong and trying to be the hottest cryptocurrency exchange by 2019 Kucoin is the latest hot exchange. Kucoin offers a great user interface and experience, good security through 2FA integration to trading, low trading fees and incentives for trading and holding the native coin Kucoin Share (KCS). You cannot send fiat to Kucoin so to start trading you must deposit one of the following: BTC, ETH, NEO, USDT, or BCH.

Kucoin is available to users worldwide and offers a load of trading pairs such as LTC/BTC, BTC/DASH, BTC/NEO, BTC/ETH, BTC/KCS, BTC/RPX, etc. As of this article Kucoin has a 24 hour volume of 75 million USD and is ranked 25th amongst other exchanges. Visit KUCOIN

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