Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering Rules NewBitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it said. In a statement, the crypto derivatives exchange stated that “unverified users will not be able to open new positions”…
World Gold Council Survey Shows Cryptocurrency Investment the 5th Most Popular in Russia NewAccording to a recent research survey, cryptocurrency investment is a touch more popular than gold in Russia. An organization called the World Gold Council surveyed 2,023 investors and cryptocurrency turned out to be the fifth-largest investment next to gold. The World Gold Council (WGC) is considered an authority on the gold industry as the market…
Filecoin Founder Accuses Justin Sun of Spreading Lies About FIL Tokens as Fresh Dumping Allegations Emerge NewJuan Benet, a founder at Filecoin, is attacking Justin Sun for spreading completely false accusations about the movement of the FIL tokens soon after listing. In his long Twitter rebuff, Benet accuses Sun of spreading lies with the intention of harming the Filecoin project financially. Calling the accusations ridiculous, Benet says no one from the…
$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply NewThe web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion dollars. This past August the billion-dollar firm Microstrategy announced it purchased 21,454 BTC for around…
Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K NewCryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading sessions. Digital currency markets have increased a great deal during the…
Coinend: 1,2,3 Take off – New Gamified Crypto Prediction Platform NewCoinend has announced the launch of its cryptocurrency gamified platform. GPC DIGITAL S.A operates this cryptocurrency-based gamified prediction portal, a corporation incorporated in Panama. It allows users to predict the closing price based on hourly, daily and weekly prices of various cryptocurrencies, with a reward for all participants. In a statement by the CEO, Godspower…
Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin NewPayments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report quotes the company’s President and Chief…
Bitcoin Is About to Strike the $12K Mark All Over Again NewBitcoin is on the verge of hitting the $12,000 mark again. This would be the first time the currency has done so in about two months, with late August being the last time the price of the world’s number one cryptocurrency by market cap has come this close. Bitcoin Is Once Again Heading for the...…
FinCEN Issues $60 Million Penalty to Bitcoin Mixer Larry Harmon NewLarry Dean Harmon is a hired bitcoin mixer that is now in trouble for bitcoin mixing. In other words, he’s stuck facing a multi-million dollar fine because he did his job, though whether that job is legal is still widely open to question. As the owner of bitcoin mixers Helix and Coin Ninja, Harmon has...…
Darkside Crime Ring Donates $10K in Stolen BTC To Two Separate Charities NewImagine running a charity program that accepts money for noble causes. Suddenly, a criminal or malicious actor shows up and decides he’s going to give some money he stole to you. You’d like to say yes because any amount helps what you’re working towards, but the fact is that this is stolen money, and your...…
Tron (TRX) Price Analysis: Increase In Volatility Above $0.025 NewTron price started a strong rally after forming a support base above $0.0250 against the US Dollar. TRX price rallied to $0.0300 before trimming almost all gains to test the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance at $0.0258 on the 4-hours chart (data feed...…
Bitcoin Price Analysis: BTC Rallies Above Key $12KBitcoin price started a strong increase above the $11,830 and $12,000 resistance levels against the US Dollar. The price is now trading well above the $12,000 support and the 55 SMA (H4). There was a break above a crucial contracting triangle with resistance near $11,520 on the 4-hours chart of the BTC/USD pair (data feed...…
Analysts: If Stocks Fall, Bitcoin May Follow SuitBitcoin is back up again. At the time of writing, the price of the world’s number one cryptocurrency by market cap has surged more than $300, and it is now trading for just over $11,700, marking the highest it’s been in several weeks. Bitcoin May Be Facing Some Trouble Soon The currency has been on...…
OKEx Head Taken Into Custody; All Withdrawals Are SuspendedOKEx – one of the largest cryptocurrency exchanges in the world – has been trapped in some legal issues as of late. The Head of OKEx Has Been Taken Into Custody Just last week, it was reported that the company had suspended all withdrawals, alleging that it had lost access to one of the private...…
PayPal Didn’t Shoot Bitcoin Above $13,000, Analyst Explains Why NewOn Wednesday, Bitcoin logged a supersonic bull run, hitting $13,000 for the first time in 15 months. The rally started after PayPal announced its foray into the cryptocurrency sector, leading analysts to believe that the $138 billion global payments firm drove the latest Bitcoin adoption. But at least one of them disagreed. In a tweet…
Bitcoin Rips Higher To $13,000 on Continued Fiscal Stimulus Excitement NewBitcoin has continued to explode higher over the past 24 hours. The coin now trades for $12,750, around 7% higher than it was just 24 hours ago. This latest leg higher in the Bitcoin price can be pinned to two fundamental news events: PayPal adding crypto and more fiscal stimulus coming. Bitcoin Rallies Higher as…
Here’s Why This Break Above $12,000 is Different from Past Bitcoin Rallies NewBitcoin’s price has seen some significant momentum throughout the past few days The cryptocurrency is currently trading at the highest price it has been at since before the summer rally came to an end This momentum appears to be the result of a confluence of different factors, including growing BTC adoption amongst corporations Just today,…
Ethereum Lags Behind Bitcoin, But Analysts Think a Big Move is Coming NewEthereum’s price has been significantly underperforming that of Bitcoin as of late While the benchmark cryptocurrency is now trading at fresh yearly highs, Ethereum is still down nearly 30% from its 2020 highs This underperformance is quite surprising to investors, as this latest Bitcoin rally is one of the few that has occurred in full…
PayPal Forays into Crypto Market as Bitcoin Price Explodes Past $12,400 NewBitcoin is now trading at the highest price seen in well over a year, with bulls aiming for $13,000 as its strong uptrend gains momentum Today, news regarding PayPal’s foray into the crypto market provided the benchmark cryptocurrency with a serious boost Its price surged all the way up to highs of nearly $12,500 before…
Your Wallet in 2030 Will Be Full of Free Money NewTen years ago, humanity wrestled with a generational crisis named COVID-19. In the wake of the pandemic and its cataclysmic fallout, seismic changes occurred and a wellspring of ideas burst forth. The weaknesses of our society laid bare, people were freed to think differently about the social contract. Conversations around the function of money and who…
Nearly 99% Of Bitcoin Ownership Has Been Profitable, Data Reveals NewBitcoin is the best-performing mainstream asset in 2020, next to stocks, gold, and anything else. But according to new data, owning the top crypto asset by market cap at any point in nearly 99% of its existence would have resulted in profitability. Here’s how high the price of Bitcoin will need to reach before it…
Bybit Expands USDT Perpetual Trading with 4 New Pairs NewSingapore-based crypto derivatives exchange Bybit continues to expand its offerings with four new trading pairs added to the platform’s Tether (USDT) perpetual trading catalog. With the new trading pairs in tow, Tether perpetual contracts now cover five different cryptocurrencies. Bybit’s new offering will also likely help to make crypto derivatives even more popular. The market…
Hold ETH or Buy NFTs? Understanding Impermanent NFT Loss New“Media lego” non-fungible tokens have surged in popularity in the Ethereum community this year, and among the NFT economy’s various sectors the digital fine art arena has been an early star. Why’s that? Because NFTs give artists new programmable revenue avenues, and early innovators have taken notice. NFTs can have royalties automatically caked in, so…
A Yield-Generating Stablecoin: BXTB’s Vision to Transform Yield Farming NewIt is up to new projects to find innovative approaches to reinvigorate the DeFi niche, and BXTB is bringing innovation to DeFi. The Covid pandemic, social unrest, and economic turmoil experienced by countries around the world have resulted in a loss of trust in fiat currencies and traditional finance. This combination of factors has caused…
Crypto.com Announces PayID Integration for Human-readable Cryptocurrency WalletsCrypto.com has announced yet another strategic partnership that will see users able to utilize human-readable cryptocurrency payment systems. The virtual currency exchange platform is in collaboration with the Open Payment Coalition to adopt the latter’s PayID solution on its retail app. Complex wallet addresses and passphrases continue to be a major hurdle for more broad-based…
Surveying Poolz: An L3 Swapping Protocol for Boosting Liquidity Options in DeFiThe rising cryptoeconomy, and Ethereum in particular lately, is showing how assets in the future will be digital, and in extension, extremely liquid. Accordingly, it’s fair to say that while we’re already seeing more and more innovations and milestones around liquidity in crypo than ever before, we’ve collectively only just begun to scratch the surface…
CoinZoom Review: A Wide Range of Financial Services for Fiat & Crypto UsersWhether you are a novice trader or an FX veteran, you want to trade with an intuitive, secured, legal, and globally adopted digital banking platform. CoinZoom has one of the best platforms out there and is worth a look for anyone who wants to access top-tier trading services. CoinZoom is a traditional B2C and B2B…
Here’s why some analysts view PayPal’s crypto news as a “nothingburger” NewPayPal made waves in the crypto market today after announcing that its users will now have the ability to buy, sell, and pay for items using digital assets like Bitcoin and Ethereum. The post Here’s why some analysts view PayPal’s crypto news as a “nothingburger” appeared first on CryptoSlate.
Traders warn about Ethereum and DeFi tokens as momentum dwindles against Bitcoin NewIn the past week, the alternative cryptocurrency (altcoin) market has further slumped against Bitcoin. The post Traders warn about Ethereum and DeFi tokens as momentum dwindles against Bitcoin appeared first on CryptoSlate.
Silicon Valley will create an Ethereum & DeFi bubble: Analyst NewEthereum’s decentralized finance (DeFi) space has seen exponential growth over the past few months. The post Silicon Valley will create an Ethereum & DeFi bubble: Analyst appeared first on CryptoSlate.
PayPal to enable users to buy crypto assets, fueling strong Bitcoin momentum NewPayPal, the $236 billion digital payments giant, will allow users to buy and sell crypto assets. The post PayPal to enable users to buy crypto assets, fueling strong Bitcoin momentum appeared first on CryptoSlate.
Financial analyst expects “fireworks” for Bitcoin in 2021 as macro trends align NewBitcoin has undergone a strong rally over the past few days as buyers have returned to this market. The post Financial analyst expects “fireworks” for Bitcoin in 2021 as macro trends align appeared first on CryptoSlate.
Top Ethereum whales are HODLing at an “impressive rate,” data finds NewTop Ethereum whales are increasingly moving their funds off exchanges, on-chain data show. The post Top Ethereum whales are HODLing at an “impressive rate,” data finds appeared first on CryptoSlate.
Rampant DeFi speculation makes DEXs the undisputed winners of Q3 2020While it might seem that DeFi reached its bottom during Q3 2020, the sector still closed the last quarter with incredible performance. The post Rampant DeFi speculation makes DEXs the undisputed winners of Q3 2020 appeared first on CryptoSlate.
TA: Ethereum Facing Huge Hurdle At $400, Why Buyers Are Safe NewEthereum surged over 5% and it even spiked above the $400 resistance against the US Dollar. ETH price is struggling to clear the $400 resistance, but is remains well supported. Ethereum started a strong upward move above the $385 and $392 resistance levels. The price traded to a new monthly high at $402 and it…
TA: Bitcoin Correcting Gains, But Key Uptrend Support Is Nearby NewBitcoin price rallied more than 5%% and it even broke the $13,000 resistance against the US Dollar. BTC is now correcting gains, but there are key supports near $12,500. Bitcoin gained bullish momentum and it rallied above the $12,500 and $13,000 resistance levels. The price traded to a new monthly high at $13,243 and it…
PayPal’s Just Introduced a Bitcoin Onramp to 346 Million People NewBitcoin’s price rocketed to $13,000 this morning after news broke regarding FinTech giant PayPal’s foray into the crypto market. It has long been rumored that the payment processing firm was cooking up a crypto-related feature. Still, past reports regarding blockchain-specific job openings could have marked their way of exploring digital assets in a non-serious fashion.…
Crypto PayPal News Sends Asset To New All-Time High, But It’s Not Bitcoin NewNews breaking today that payments giant PayPal would be supporting cryptocurrencies sent the price of Bitcoin rocketing over $1,000 in a single day. But it was another asset that soared to a new all-time high on the news. Here’s how PayPal’s stock shares also benefitted from supporting the emerging asset class. Bitcoin Blasts Over $1,000…
Top DeFi Coins Finally Make Recovery: Aave, Ren, Chainlink Surge 10% NewEarlier this week, all eyes were on Bitcoin, not DeFi. The leading cryptocurrency shot a handful of percent higher while altcoins actually began to move lower against the dollar, sometimes by 5-10%. Some DeFi coins actually dropped 15% on the day that Bitcoin shot 2-3%. This trend did not persist, though. Altcoins have begun to…
Bitcoin Plunges $600 in 6 Minutes, Then Bounces Amid Price Surge NewBitcoin has seen an absurd amount of intraday volatility over the past day amid the best price action in many months. The coin currently trades for $12,900, a few hundred dollars shy of the daily and year-to-date high set just minutes ago at $13,250. Bitcoin plunged as low as $12,600 on futures platforms during that…
Bitcoin Just Tapped $13,000 as Buyers Continue to Rush In NewIt’s been quite the past few days for the Bitcoin price. After trading as low as $11,200 last week, the cryptocurrency has rocketed higher. BTC now trades for $12,940 as of this article’s writing, just shy of the $13,000 daily highs it reached just hours ago. Source of BTC's price action over the past few…
Voyager Agrees to Buy LGO Markets and Merge 2 Firms’ TokensTwo cryptocurrency trading firms are merging, and in a rare twist, so are their tokens.- TA: Ethereum Facing Huge Hurdle At $400, Why Buyers Are SafeEthereum surged over 5% and it even spiked above the $400 resistance against the US Dollar. ETH price is struggling to clear the $400 resistance, but is remains well supported. Ethereum started a strong upward move above the $385 and $392 resistance levels. The price traded to a new monthly high at $402 and it…
- PayPal Didn’t Shoot Bitcoin Above $13,000, Analyst Explains WhyOn Wednesday, Bitcoin logged a supersonic bull run, hitting $13,000 for the first time in 15 months. The rally started after PayPal announced its foray into the cryptocurrency sector, leading analysts to believe that the $138 billion global payments firm drove the latest Bitcoin adoption. But at least one of them disagreed. In a tweet…
- Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering RulesBitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it said. In a statement, the crypto derivatives exchange stated that “unverified users will not be able to open new positions”…
- TA: Bitcoin Correcting Gains, But Key Uptrend Support Is NearbyBitcoin price rallied more than 5%% and it even broke the $13,000 resistance against the US Dollar. BTC is now correcting gains, but there are key supports near $12,500. Bitcoin gained bullish momentum and it rallied above the $12,500 and $13,000 resistance levels. The price traded to a new monthly high at $13,243 and it…
Russian officials must now declare crypto holdingsThe move reverses a 2018 decision that officials did not have to declare crypto holdings.
Will PayPal’s crypto offer turn into a tax nightmare?U.S. capital gains tax laws are likely to catch out many new users of PayPal's cryptocurrency payments system
South Korean telecom launches blockchain wallet for official documents NewSouth Korea's SK Telecom is issuing a blockchain solution for the storage and management of government certificates.
Here’s what traders expect after Bitcoin price rallied to $13,217 NewBitcoin price just secured a new 2020 high and traders expect the price to rise higher for 3 key reasons.
Bitcoin blasts through $13K following PayPal’s entrance into crypto NewNews of PayPal’s support for crypto assets has triggered a rally in the markets, with Bitcoin trading above $13,000 for the first time since July.
US crypto derivatives merchants need to leave customer funds alone, says CFTC NewThe CFTC has issued new guidance for crypto derivatives markets that hold customer funds, much of which boils down to "be very, very careful."
Pro traders added to shorts as Bitcoin price broke $12K, data shows NewBitcoin derivatives favor bulls but data shows top traders added to their short positions as BTC rallied above $12K.
CFTC Issues Guidance on Digital Currencies for Futures Commission Merchants NewThe CFTC wants futures commission merchants to take care when dealing with customer's funds.
Bitcoin Rallies Above $13K Less Than 24 Hours After Breaking 2020 Highs NewBitcoin (BTC) has risen above $13,000 in less than 24 hours after it broke the $12,000 level on the news that PayPal will support cryptocurrencies on its platform.
Pelosi, Kudlow Signal Market-Moving US Stimulus May Wait Till After Election: Report NewWith a strong correlation between stocks and the bitcoin price in recent months, analysts say a stimulus package could boost BTC as well.
Market Wrap: PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops NewBitcoin’s price hit a 2020 record as ether’s share of the market dips.
Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief NewA cross-boundary digital yuan could bring Hong Kong closer to China, Hui said.
What the History of Headphones Says About the Internet’s Future NewWhat does the historical development of headphones tell us about the future of the internet?