In our “Stock” section, we cover news and developments related to traditional financial markets and publicly traded companies. Here you will find information about stock market trends, major companies, and the intersection between stocks, fintech, and cryptocurrencies. Read the “Stock” section on ForkNews to stay informed about movements in the global financial markets.
Bitcoin Vietnam, the oldest cryptocurrency platform in the country, is again faced with the risks of running a profitable business in specific regions and now the exchange's Internet domain has been seized by the Vietnamese government.
The largest crypto platform Huobi is expanding its potential in North America and will open a new office in Toronto at the end of the year, creating another foothold in the North American market.
On its official website, the Poloniex exchange announced a reduction in commission for active traders in three areas at once. This will happen in mid-May.
Bitfinex, a leading provider of cryptocurrency exchange services for digital traders, has announced the addition of two new tokens and a Bitcoin fork, Bitcoin Interest, to its listing.
It can be difficult for crypto exchanges to keep track of all the hard forks happening in the cryptocurrency world. At this point, it appears that most crypto exchanges will not support the upcoming MoneroV fork. This came as a big surprise to some users, and some consider it another form of censorship.
Popular exchange Coinbase recently valued its stock at $8 billion, according to Recode. This figure is very different from their August estimate of $1.6 billion.
Just a few years ago, crypto exchanges began to gain momentum and popularity. According to financial reports, the profitability of popular crypto platforms is approaching those of the Stock Exchanges. The era of cryptocurrency has arrived, which no one believed in just a couple of years ago.
Once regulations are streamlined and the financial space matures, Nasdaq will consider trading digital currencies, says exchange CEO Adena Friedman.
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