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Bitcoin Price Profits 153% on Average After 30% Drops, Buys Ahead: Analyst

By CCN: Throughout the past three years, the bitcoin price has demonstrated relatively large pullbacks averaging 30 percent following a large upside rally.$BTC 30%+ pullback coming?Yes, eventually. If history repeats, there should be plenty of strong pullbacks on the way to next peak ATHThere were at least nine 30%+ pullbacks

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Helix TCS Buys Cannabis Electronic Trading Platform

Helix TCS (OTCQB: HLIX) has acquired Amercanex International Exchange, a cannabis electronic trading platform.The trading platform is designed for new and already operating cannabis businesses, as well as ancillaries and governments, to manage mission critical infrastructure in their supply chain, inventory, and compliance functions. Financial terms of the deal were

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Kraken Buys UK Exchange Crypto Facilities for at Least $100 Million

United States cryptocurrency exchange Kraken has acquired United Kingdom-based cryptocurrency exchange and futures provider Crypto Facilities, the company confirmed in a press release Feb. 4.Crypto Facilities, which began operating in 2015, is fully regulated by the U.K.’s Financial Conduct Authority, giving Kraken a major foothold in the European market.The parties

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OKCoin Founder Buys Controlling Share in Hong Kong-Listed Firm in $60+ Mln Deal

Star Xu, founder of exchange services provider OKCoin and the world’s second-largest crypto exchange OKEx, has bought a controlling share in a Hong Kong Stock Exchange-listed firm for  around $60 million. The deal was disclosed by the acquired firm, LEAP Holdings Group, on Jan. 23.Following the deal’s completion on Jan.

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Bitcoin Group SE buys 100% stake in Tremmel Wertpapierhandelsbank GmbH

Bitcoin Group SE has fully acquired the The Tremmel Investment bank for an undisclosed amount. Bitcoin Group SE operates German’s only regulated cryptocurrency exchange platform Bitcoin Deutschland AG. The exchange permits trading in Bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH) with plans underway to list more assets. Custody banking Bitcoin

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Plastic Surgeon and Startup Investor Buys $352 Million Stake in Korean Crypto Exchange Bithumb

A group led by one of South Korea's leading plastic surgeons, Dr. Kim Byung Gun, has made a major investment in crypto exchange Bithumb’s holding company. Bloomberg reported the news Friday, Oct. 12.The surgeon’s BK Global Consortium has closed a deal to acquire “50 percent plus one share” of BTC

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