Latest News – Page 2 – Bitcoin Investing

Uniswap’s first governance vote fails… Despite 98% support

Latest NewsOctober 20, 2020

The first governance vote for decentralized exchange Uniswap has ended in failure, despite the proposal attracting overwhelming support of 98% of votes cast. Despite this, it fell roughly 1% short of the 40 million vote…

Bitcoin trading dominance hits 2017-levels not seen since…

Latest NewsOctober 20, 2020

The cryptocurrency market has suddenly shifted back to Bitcoin (BTC) after several months of a decentralized finance (DeFi) frenzy. While market cap dominance remains below 60%, earlier this month, the trading dominance of BTC has…

Digital Ruble: Russia Unveils Plans to Test Central…

Latest NewsOctober 20, 2020

As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of…

US Elections, COVID, Zombies, & Bitcoin: Miko Matsumura…

Latest NewsOctober 20, 2020

With less than three weeks to go until the presidential election, all eyes are on the United States and on the country’s economy. Indeed, throughout this COVID-ridden year, the financial steps that the Federal Reserve…

Charted: Chainlink (LINK) Rejected $11, And It’s Vulnerable…

Latest NewsOctober 20, 2020

Chainlink (LINK) started a fresh increase, but it struggled to clear the $11.00 resistance. There is now a risk of a sharp decline below $10.50 if there is no break above $11.00. Chainlink token price…

TA: Bitcoin Bulls Back In Driver’s Seat, More…

Latest NewsOctober 20, 2020

Bitcoin price is up over 2% and it broke the main $11,560 resistance against the US Dollar. BTC is now struggling near $11,800, but it is likely to continue higher. Bitcoin is gaining momentum, and…

TA: Ethereum Recovery Could Soon Fade If ETH…

Latest NewsOctober 20, 2020

Ethereum is slowly rising and trading well above $375 against the US Dollar. ETH price must clear the $385 resistance to continue higher in the near term. Ethereum gained pace after it broke the $375…

Macro Investor Dan Tapiero on Crypto Adoption: Emerging…

Latest NewsOctober 20, 2020

Bitcoin and gold holder Dan Tapiero, says it is still early to talk of widespread crypto adoption as the proportion of users relative to the rest of the population remains low. Tapiero makes the remarks…

Uniswap’s first governance vote fails … despite 98%…

Latest NewsOctober 20, 2020

The first governance vote for decentralized exchange (DEX) Uniswap has ended in failure, despite the proposal attracting overwhelming support of 98% of votes cast. Despite this, it fell roughly 1% short of the 40 million…

“Old Hands” Sold The Bitcoin Bottom And Are…

Latest NewsOctober 20, 2020

Bitcoin price is at a pivotal moment, about to potentially confirm a break out into a new bull market. Yet for some reason, coin dormancy, what one analyst calls a measure of “old hands” selling,…

An Ethereum VR Game Featuring Atari and Care…

Latest NewsOctober 20, 2020

A great number of Non-fungible tokens (NFTs) have been selling on various marketplaces this year creating tens of thousands of dollars in NFT sales. One particular platform called The Sandbox has been selling virtual land…

Closing Time for Bitcoin’s Iconic Room 77 –…

Latest NewsOctober 20, 2020

Tucked away on a quiet street in Berlin’s Kreuzberg district, Room 77 had the look of your typical dive bar – until you paid attention to the details. If you did, you’d notice the grungy…

Market Wrap: Bitcoin Bounces to $11.8K; Over 10K…

Latest NewsOctober 20, 2020

Bitcoin traders hit the buy button Monday while a DeFi project gains $135 million in BTC locked since the start of September. Bitcoin (BTC) trading around $11,689 as of 20:00 UTC (4 p.m. ET). Gaining…

Top DeFi Coins Crater 5-10% Despite $400 Bitcoin…

Latest NewsOctober 20, 2020

Bitcoin has soared higher over the past few days. After bottoming at $11,200 late last week after the OKEx news, the cryptocurrency has mounted a comeback. As of this article’s writing, the coin trades for…

Bitcoin Sees Significant Breakout as Analysts Claim “$13,000…

Latest NewsOctober 19, 2020

After an extended period of consolidation that provided little insight into Bitcoin’s near-term outlook, the cryptocurrency was able to post a breakout rally that has since sent its price surge towards $11,700. This move carried…

Monetary Stability: The IMF and Fed Chair Jerome…

Latest NewsOctober 19, 2020

On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies…

Yearn.finance Could Confirm a Mid-Term Bottom if It…

Latest NewsOctober 19, 2020

Yearn.finance’s governance token – YFI – has erased a significant portion of its recent gains throughout the past few weeks, with relentless selling pressure coming about due to various factors. Heightened “founder’s risk,” a fragmented…

Price analysis 10/19: BTC, ETH, XRP, BCH, BNB,…

Latest NewsOctober 19, 2020

Crypto market sentiment appears to be improving across the board and the global push to mainstream central bank digital currencies is also making headway. In China’s Shenzhen province about 2 million people had applied for…

Bitcoin Rallies While Stocks Stumble: Is The Correlation…

Latest NewsOctober 19, 2020

Bitcoin price has rallied more than $300 intraday, meanwhile, the S&P 500 has fallen almost ten basis points in the same time period. Is this the fabled stock market crypto “decoupling” that analysts claimed was…

Exploring the landscape of crypto regulations in sub-Saharan…

Latest NewsOctober 19, 2020

Sub-Saharan Africa has no doubt suffered many regulatory setbacks in adopting cryptocurrencies. With most countries in the region struggling not to buckle under economic uncertainties and pressures looming over them even as the ripple effects…

Institutional Bitcoin longs at record-high, hedge funds short…

Latest NewsOctober 19, 2020

According to CME, the amount of Bitcoin (BTC) long contracts held by institutions are at an all-time high. Yet, CME’s most recent Commitment of Trader report shows hedge funds are at a record-high for BTC…

Cryptographers Are Always Going to Be ‘One Step…

Latest NewsOctober 19, 2020

While regulators are trying to restrict privacy in crypto, their efforts may be futile, according to privacy-centric protocol Monero’s maintainer, Riccardo “Fluffypony” Spagni. “The U.S. Internal Revenue Service (IRS) wants the same level of insight…

Video: Fresh Competition Is Shaping The Bitcoin Mining…

Latest NewsOctober 19, 2020

Always a sector to watch, the Bitcoin mining space is host to several narratives that are worth a closer look today, as fresh capital and competition enter the market. Among these are the geographic distribution…

‘Old hands selling out’ metric shows Bitcoin price…

Latest NewsOctober 19, 2020

Old hands are selling their Bitcoin (BTC) holdings, according to glassnode’s Coin Dormancy metric. As shown below, dormant addresses selling BTC marked previous tops in BTC. Coin Dormancy of Bitcoin. Source: glassnodeOn-chain analyst Willy Woo…

Bitcoin Bar ‘Room 77’ Shuts Down

Latest NewsOctober 19, 2020

Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on…

These BitMEX Alternatives Are the Best Specialized Investment…

Latest NewsOctober 19, 2020

It’s official – the U.S. government has the Bitmex exchange in its headlights. With one Bitmex leader in custody and others on the lam, the exchange is practically toast. New York Times broke the story…

XRP Triggers Signal Resulting In Nearly 80% On…

Latest NewsOctober 19, 2020

Bitcoin is more bullish than ever, and Ethereum has taken center stage of the hot to trot DeFi trend. XRP, however, has remained a laggard for two years running. But all this could soon change,…

Blockchain Bites: Filecoin Strike, Bitcoin Fees Fall, Coinbase…

Latest NewsOctober 19, 2020

Top shelf Token protestFive of the largest Filecoin miners, which secure that data storage network, have gone on strike, bringing attention to the project’s “unfair” economic model. According to a report by 8btc.com, miners are…

Ethereum’s Dominance Over the Market May Soon Explode…

Latest NewsOctober 19, 2020

Ethereum’s price is moving higher today alongside that of Bitcoin and the rest of the crypto market. This latest push higher has allowed ETH to re-surmount its crucial $380 level – which is the price…

Why Apple Users are Diving into the Cryptocurrency…

Latest NewsOctober 19, 2020

Last year, Apple hinted that it has been following the development of the cryptocurrency industry intently, leading some to speculate that the global electronics and payment giant was preparing to launch its own cryptocurrency or…

UMA, Maker, Uniswap Surge Up to 22%: What’s…

Latest NewsOctober 19, 2020

Major DeFi tokens, including UMA, Maker, and Uniswap have surged up to 22% in the past 24 hours. The decentralized finance (DeFi) market has generally rebounded following a sustained pullback. There are two main reasons…

3 Reasons Why Bitcoin Rebounded, Dollar Slumped Ahead…

Latest NewsOctober 19, 2020

It is Monday. Bitcoin is holding above crucial technical support at $11,400. Meanwhile, its safe-haven rival, the US dollar, is experiencing a sharp decline. The inverse correlation between the two stark assets is visible all…

Ethereum can rise to $800 in 2020 if…

Latest NewsOctober 19, 2020

Markets tend to behave in massive cycles. One of those cycles is the previous Bitcoin (BTC) price cycle from 2014 to 2017. However, within those cycles, are multiple smaller cycles that could often repeat. A…

First Mover: ‘Blue Wave’ in US Senate Could…

Latest NewsOctober 19, 2020

Bitcoin was lower, tracking what appears to be a new range between roughly $11,200 and $11,700. It’s a step up from levels that prevailed over most of September, between $10,100 and $11,000. “As the bulls…

Peter Schiff’s Euro Pacific Bank Under Investigation by…

Latest NewsOctober 19, 2020

Euro Pacific Bank, founded by gold bug and bitcoin skeptic Peter Schiff, is reportedly under investigation by the tax authorities of five countries. The bank’s customers allegedly include several tax fraud masterminds and a Russian…

Polkadot Experiences a Spike in the Number of…

Latest NewsOctober 19, 2020

A report from Outlier Ventures analyzed key developments in the blockchain space over the past year. It showed that in 2020, Polkadot experienced the biggest upsurge in developer activity, at +44%, compared to any other…

‘Still so early’ — 7% of Americans have…

Latest NewsOctober 19, 2020

According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC). This means current investors in BTC are still in an early stage of growth. Dan Tapiero, the co-founder of 10T…

Record fundamentals and a $12K pump: 5 Bitcoin…

Latest NewsOctober 19, 2020

Bitcoin (BTC) starts a new week in familiar territory as markets move into the United States’ 2020 elections — where could it go next? Cointelegraph takes a look at five factors that could influence BTC…

Rare Batman NFT Digital Art Collection Sells for…

Latest NewsOctober 19, 2020

A five-piece collection of Batman digital art has sold for a combined 540.86 ether, or about $202,000, on Makersplace, a record price for non-fungible crypto artwork. The rare artwork is a collection of animations or…

Charted: Ripple (XRP) Technicals Suggest a Crucial Breakdown…

Latest NewsOctober 19, 2020

Ripple started a steady decline and traded below the $0.2500 support against the US Dollar. XRP price is showing bearish signs and it might slide further below $0.2375. Ripple failed to stay above the $0.2500…

Filecoin Miners Start a Strike – FIL Validators…

Latest NewsOctober 19, 2020

The Filecoin project has surely seen a lot of hype but during the last few weeks before the launch, the cooperative digital storage crypto project has been criticized a great deal. This weekend a few…

TA: Bitcoin Hesitates Below $11,550, But Upside Break…

Latest NewsOctober 19, 2020

Bitcoin price is slowly rising and it is now trading above $11,400 against the US Dollar. BTC is a bit hesitant, but further gains above $11,550 seems very likely. Bitcoin is showing a few positive…

TA: Ethereum Could Narrowly Avoid a Major Drop…

Latest NewsOctober 19, 2020

Ethereum extended its decline below the key $365 support against the US Dollar. ETH price is correcting higher and it must surpass $380 for to avoid another bearish wave. Ethereum started a decent upward move…

These Factors Suggest Ethereum is About to Post…

Latest NewsOctober 19, 2020

Ethereum has been stuck below $380 for the past few days, which is a critical level that has long held serious influence over the entire crypto market. If it remains stuck below this level, it…

Yearn.finance Rockets Higher Following Reports of Polychain Taking…

Latest NewsOctober 19, 2020

Yearn.finance’s YFI governance token has seen a strong rebound over the past 24 hours. Its price had previously been facing an unrelenting selloff that drove it down towards $13,000, but it has since formed a…

Analyst: Chainlink Likely to Rally to $16.50 as…

Latest NewsOctober 19, 2020

Chainlink has been struggling to break above $11.00 throughout the past few days and weeks. This level has become a strong resistance for the cryptocurrency, and both bulls and bears have largely reached an impasse.…

The Great Financial Reset: IMF Managing Director Calls…

Latest NewsOctober 19, 2020

As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment.” Georgieva spoke about…

Big Bitcoin prediction, OKEx spooks markets, Ripple exec’s…

Latest NewsOctober 18, 2020

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week Calm before the storm? Analyst says $20,000 Bitcoin is…

Bitcoin Adoption Soars in Turkey Amid High Inflation,…

Latest NewsOctober 18, 2020

People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is…

Former patrons cant drown sorrows as first-ever bar…

Latest NewsOctober 18, 2020

A legendary bar and restaurant in Germany that was reportedly the first to ever accept cryptocurrency as a form of payment has permanently closed. According to an Oct. 18 Reddit post from Joerg Platzer, founder…

Crypto Long & Short: The OKEx Drama Exposes…

Latest NewsOctober 18, 2020

This week saw more exchange drama rock the crypto markets. OKEx, one of the industry’s largest crypto-fiat exchanges, suspended all cryptocurrency withdrawals, saying one of the exchange’s key holders has “been out of touch” with…

Top 5 cryptocurrencies to watch this week: BTC,…

Latest NewsOctober 18, 2020

Data from Skew shows Bitcoin’s (BTC) spot volume on LMAX Digital, an exchange that mainly caters to institutions, has overtaken retail-oriented exchanges. This signals that institutional investors could be building up positions as they expect…

Bitcoin vs Gold: Where are Institutions Putting Their…

Latest NewsOctober 18, 2020

Analysts have long tried to imply a strong connection between Bitcoin and gold as safe-haven investments in times of trouble. In theory, this works, as both the crypto asset and the precious commodity are used…

48-Hour Stimulus Deadline: US Lawmakers Race to Approve…

Latest NewsOctober 18, 2020

Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of…

Getting the story straight: Blockchain to curb fake…

Latest NewsOctober 18, 2020

With the United States Presidential Election set for next month, the concern over fake news has once again dominated public discourse. Fake news — the deliberate spreading of verifiably false information under the disguise of…

FSB Report Says Stablecoins Promote Financial Inclusion: Urges…

Latest NewsOctober 18, 2020

The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments…

Bitcoin Key Indicators Suggest A Strengthening Case For…

Latest NewsOctober 18, 2020

Bitcoin price is holding an important support near the $11,230 level against the US Dollar. BTC is likely to rally above $11,500 as long as it is above the $11,000 pivot level. Bitcoin started a…

Ethereum Struggling Below $375, But 100 SMA Can…

Latest NewsOctober 18, 2020

Ethereum started a steady decline from the $395 swing high against the US Dollar. ETH price is now trading just above the main $360 support and the 100 SMA (H4). ETH price is showing a…

Seller shortage? Bitcoin exchange reserves plunge as BitMEX…

Latest NewsOctober 18, 2020

Bitcoin (BTC) exchange reserves are continuously plummeting as analysts pinpoint the trend to a shortage of sellers. Since the March crash, the reserves on exchanges rapidly fell from 2,950,000 BTC to 2,700,000 BTC. Within merely…

Trader Claims Uniswap’s UNI Will Plunge to $2.00…

Latest NewsOctober 18, 2020

Uniswap’s UNI token has been struggling to garner any sustainable upwards momentum over the past few days and weeks, with each rally being met with massive inflows of selling pressure that force its price lower.…

Yearn Finance Founder Blames Social Actors for Role…

Latest NewsOctober 18, 2020

Yearn Finance founder Andre Cronje suggests he did not mishandle the Eminence (EMN) project’s economic exploit, which he insists functions well. He accuses certain social actors of creating a story around EMN that caused rational…

Cryptocurrency Is Just a Minor Threat to the…

Latest NewsOctober 18, 2020

Are cryptocurrencies a new form of money and, if so, do they threaten state power? Our friend Nic Carter has recently commented on these questions in dialogue with the Federal Reserve Bank of New York. We would like to…

Cashfusion Use Increased by 328%, $200M in BCH…

Latest NewsOctober 17, 2020

Cashfusion, the privacy-enhancing solution for the Bitcoin Cash network is nearing its one-year anniversary and during the last four months, fusions have increased by 328.93%. The protocol recently completed a security audit and fusions are…

Sharp Bitcoin price move brewing as BTC volatility…

Latest NewsOctober 17, 2020

Bitcoin (BTC) options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on Deribit exchange, the Chicago Mercantile Exchange (CME) has…

Yearn.finance (YFI) Invalidates Bullish Market Structure; Analysts Eye…

Latest NewsOctober 17, 2020

Yearn.finance used to be the darling of the DeFi sector, with investors pouring massive sums of capital into the YFI token while largely looking towards it to become one of the largest and most widely…

Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized Products

Latest NewsOctober 17, 2020

The U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products.…

Traders Flip Long on Uniswap’s UNI as OKEx…

Latest NewsOctober 17, 2020

Uniswap’s UNI token has been closely tracking Bitcoin and the entire crypto market over the past few days and weeks, but this correlation is beginning to break as it bucks the downtrend seen by BTC…

Analytics Firm: Bitcoin’s Correlation to S&P 500 is…

Latest NewsOctober 17, 2020

Bitcoin has been moving in close tandem with the stock market throughout the past few days and weeks, which has slowed its growth and caused it to see some turbulence. The stock market is currently…

Bitcoin Likely to Break Below $11,000 Before Next…

Latest NewsOctober 17, 2020

Bitcoin has been caught within a prolonged consolidation phase throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend. This has done little to…

Will the dollar’s weakness result in Bitcoin finally…

Latest NewsOctober 17, 2020

Historically, a weaker United States Dollar leads to strength across other “safe haven” assets. By analyzing the correlation, such momentum and conclusion can also be drawn with Bitcoin (BTC) and the USD. Bitcoin has gained…

Bitcoin’s Creator vs. Bezos: Satoshi Nakamoto’s Uphill Climb…

Latest NewsOctober 17, 2020

Jeff Bezos is the world’s richest man, but someday if bitcoin crosses a certain valuation then Satoshi Nakamoto will be the wealthiest if he/she or they are still alive. Today, Satoshi Nakamoto, is the 157th…

Calm before the storm? Analyst says $20K Bitcoin…

Latest NewsOctober 17, 2020

The price of Bitcoin (BTC) has been consolidating within a tight range for several months. If the top cryptocurrency successfully breaks out, Bitazu Capital founding partner Mohit Sorout says a record-high would be imminent. Since…

A Big Data Art NFT Collaboration With Brittany…

Latest NewsOctober 17, 2020

As Kenn Bosak mentions in the launch podcast we did together with Brittany Kaiser; you must have lived under a rock not to know who Brittany is. Her life story juxtaposes big data, blockchain, information…

DiFy Finance (YFIII) Is an In-Development Software Fork…

Latest NewsOctober 17, 2020

DiFy.Finance, like YFI, the platform it is based on, is an environment of decentralized finance (DeFi) lending aggregators: it allows users to provide liquidity for the ecosystem by parking their cryptocurrency tokens in a smart…

Filecoin Offering: Community Alleges Token Dumping, Tron’s Justin…

Latest NewsOctober 17, 2020

The recent Filecoin (FIL) token offering is creating controversy as some crypto community members are alleging that an unknown account has received 1.5 million tokens when only 500,000 were due for unlocking. According to reports,…

NIX Bridge Token, the Gateway to Private DeFi…

Latest NewsOctober 17, 2020

Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a…

Ascending channel Bitcoin price breakout possible despite OKEx…

Latest NewsOctober 17, 2020

Earlier this week Bitcoin (BTC) price entered a bullish breakout to $11,725 following the previous week’s news that Square purchased $4,709 BTC but since then the price has slumped back into a sideways range. Several…

Coinbase Received 1,900 Requests for Client Info From…

Latest NewsOctober 17, 2020

Coinbase has revealed that it received a total of 1,914 requests for customer data from global law enforcement agencies during the first six months of 2020. It is, however, not clear how many of the…

Price analysis 10/16: BTC, ETH, XRP, BCH, BNB,…

Latest NewsOctober 17, 2020

Chicago Mercantile Exchange’s cash-settled Bitcoin (BTC) futures trading products “contribute more to price discovery than its related spot markets,” according to findings in a new report by investment firm Wilshire Phoenix. The increasing volumes of…

Record-high Bakkt Bitcoin delivery exposes institutional frenzy for…

Latest NewsOctober 17, 2020

Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months.…

Nigerian Banks Shut Them Out, so These Activists…

Latest NewsOctober 17, 2020

As protests surge through Nigeria in response to police brutality, one enclave of protestors has turned to bitcoin as a financial lifeline during turbulent times. The Feminist Coalition’s bank account was shuttered this month after…

Money Reimagined: How Ethereum 2.0’s ‘Lockup’ Will Drive…

Latest NewsOctober 17, 2020

The “Summer of DeFi” might be over, but a looming event will give DeFi engineers a great incentive to crank up their “lego” innovation model and build more decentralized finance products: the Ethereum 2.0 upgrade. (See…

Blockchain Bites: OKEx Freezes Withdrawals, DeFi Audits Queue,…

Latest NewsOctober 17, 2020

OKEx has frozen withdrawals, audit firms are experiencing a backlog of DeFi projects and the Trump administration is examining DLT for national defense. Top shelf Audit (back)logsCrypto code audit firms say they are swamped with decentralized…

How DeFi Can Avoid the Irrelevance of P2P…

Latest NewsOctober 17, 2020

How many Libertarians do you think there are in the United States? Everyone, right? Everybody wants personal freedom and a limited government. Just listen to Twitter bots and the talking heads on the propaganda channels.…

Market Wrap: Bitcoin Has Light Response to OKEx…

Latest NewsOctober 17, 2020

Bitcoin rebounded from an OKEx-related drop; ether options traders may be beacon chain bearish. Bitcoin (BTC) trading around $11,327 as of 20:00 UTC (4 p.m. ET). Slipping 2% over the previous 24 hours. Bitcoin’s 24-hour…

DiFy.Finance (YFIII) Is an In-Development Software Fork of…

Latest NewsOctober 17, 2020

Okex Halts Withdrawals Due to ‘Out of Touch’…

Latest NewsOctober 17, 2020

The digital currency exchange Okex disabled cryptocurrency withdrawals on Friday morning and explained that funds were “safe and not affected.” Following the withdrawal announcement, regional reports claim that Okex’s founder Mingxing “Star” Xu was taken…

187,000 BTC Drained: Over $2 Billion in Bitcoin…

Latest NewsOctober 17, 2020

Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot…

Analyst: 2021 a Perfect Time For Ethereum, Decentralized…

Latest NewsOctober 17, 2020

The third quarter of 2020 has seen the strong resurgence of decentralized finance (DeFi) on Ethereum. With it, the demand for decentralized exchanges (DEXes) surged, causing Uniswap to briefly overtake Coinbase Pro at one point.…

TD Buy Trigger Could Cause XRP To Rip…

Latest NewsOctober 17, 2020

Bitcoin has recently been picking up steam, stealing some of the capital and thunder from the DeFi trend and Ethereum. XRP, however, continues to lag behind both top crypto assets and linger sideways. According to…

Trader Warns: “Be Scared” Going To Bed Without…

Latest NewsOctober 16, 2020

Bitcoin’s bull run could very well be here, but with the pandemic and the coming election, there’s so much risk in the air. However, one crypto trader says that they’d be more “scared” going to…

Scammers Are Impersonating Kraken Listing Staff on LinkedIn,…

Latest NewsOctober 16, 2020

Scammers have been impersonating members of Kraken’s token listing team and employees in recent weeks, promising coverage of projects in exchange for a fee. Kraken, a digital-asset exchange operating from the United States, said Friday…

New Civil Liberties Alliance Challenges IRS Collection Of…

Latest NewsOctober 16, 2020

If you’re a bitcoin trader or investor, you’ve probably traded on multiple cryptocurrency exchanges and, for the most part, trusted that those exchanges are keeping your data secure from unlawful data collection just like a…

Foreign Crypto Exchanges Like Paxful, Binance to Pay…

Latest NewsOctober 16, 2020

The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency…

Researcher Explains Why Curve (CRV) and Yearn.Finance (YFI)…

Latest NewsOctober 16, 2020

Curve and yearn.finance are among the few decentralized finance projects that have interesting yield farming products to offer. Their volumes have shot upwards due to consistent community involvement. Nevertheless, the price of their governance tokens…

On-Chain Data Finds OKEx Holds $2.3 Billion Worth…

Latest NewsOctober 16, 2020

According to the researchers at Glassnode, OKEx holds $2.3 billion worth of Bitcoin. The report comes after the exchange temporarily suspended withdrawals on October 16. In a public statement, OKEx said that one of the…

33 money laundering crypto criminals targeted worldwide in…

Latest NewsOctober 16, 2020

Law enforcement officials from around the world hav taken action against a major transnational money laundering operation involving cryptocurrency. On Oct. 15, Europol announced a successful operation across 16 countries that resulted in the arrest…

First Mover: OKEx Private Key Snafu Sends Bitcoin…

Latest NewsOctober 16, 2020

Bitcoin (BTC) fell 2% Friday, the most in three weeks, after the market was spooked by the announcement that the cryptocurrency exchange OKEx had suspended withdrawals because founder Mingxing “Star” Xu was reportedly taken into police custody. The executive…