It’s been an expensive past three weeks for Bitcoin users.
The post The three-pronged “perfect storm” behind the 1,000% eruption in Bitcoin transaction fees appeared first on CryptoSlate. …
Tag: exchange
Ethereum Traders still Holding Long, Despite Unfavorable Market Conditions
The past few days have seen an upsurge of Ethereum and other cryptocurrencies after several weeks of rallying. However, Ethereum is having a price correction […] …
Reddit Co-Founder Claims We’re Entering “Crypto Spring”
As the coronavirus spurred on a rampant amount of economic uncertainty, the Bitcoin seemed to have gained newfound momentum after halving itself in value within […] …
Bitcoin whale: Most anticipated Bitcoin price decline now here
One of the most famous and influential Bitcoin whales who placed a bet on Bitcoin price decline on the crypto exchange website, Bitfinex, is back. The analyst and big-time investor got rid of his account on social media Twitter a few days back, citing that the publicity he enjoys on the app has done more […] …
Bitcoin exchange exec: Chinese government was trying to suppress BTC’s price in 2013
While many don’t know it now, there was a time when China was a hub for all things Bitcoin.
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Buy crypto with Visa Card feature on Binance.US for Cardano and 0x
U.S. users can now buy crypto with a Visa card thanks to a new feature on Binance.US. The crypto exchange, which is part of Binance has added Cardano (ADA) and 0x (ZRX) to their altcoin offerings in addition to twelve other cryptocurrencies on offer. What’s more; the transactions are instant. With the ‘instant buy’ function […] …
Tether vs XRP: Tether challenges third spot again as number of new wallets hits all-time high
In another episode of ‘Tether vs XRP,’ the largest stablecoin once again overtook Ripple’s XRP in the list of cryptocurrencies with the highest market capitalization. However, the lead was shortlived as XPR once again took its position back where it currently sits. Tether vs XRP XRP’s performance over the last two years has been extremely […] …
Bittrex Returns STEEM Tokens Associated with the Disputed HIVE Hard Fork
Bittrex appears to be recusing itself from the mess that the STEEM hard fork has become. To remediate, the exchange is returning user funds that […] …
Crypto exchanges use crypto leverage trading to pull in more traders
Crypto leverage trading outfits have been the number one call of most investors across the globe. With the rate at which crypto has been adopted over the last few years, one cannot strike out the fact that the crypto market has gained widespread popularity in the financial markets. The adoption increases at a steady pace […] …
On-chain metrics spell trouble as Bitcoin dips below $9,000
The past 24 hours have been characterized by fear, uncertainty, and doubt in the cryptocurrency market.
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Bitcoin sees declining network health despite price rally towards $10,000
Bitcoin’s macro uptrend seen throughout the past two months has now led it to enter a consolidation phase as it struggles to surmount $10,000. Analysts are widely watching to see how it ultimately responds to the coveted five-figure price region, as another firm rejection here could prove to be enough to spark a short-term downtrend. […]
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Robert Kiyosaki Slams Warren Buffett for His Crypto Criticism
Robert Kiyosaki, the financial expert and author of the famous book “Rich Dad, Poor Dad,” has come out to criticize billionaire investor Warren Buffett over […]
The post Robert Kiyosaki Slams Warren Buffett for His Crypto Criticism appeared first on InsideBitcoins.com. …
Options data: Big Bitcoin traders are still betting on a “retrace” despite halving
It’s been quite the past few months for Bitcoin. In the face of a recession — a recession that central bankers are saying will be the worst in modern history, potentially worse than the Great Depression — the cryptocurrency market has not only rallied, but it has also seen positive news flow. So positive, in […]
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Top Bitcoin Analysts Expect Rallies Worth 100-400% within 18 Months
Bitcoin has seen some incredibly turbulent times for 2020. The year hasn’t even come halfway, but the world’s first cryptocurrency has seen lows of $3,700 […]
The post Top Bitcoin Analysts Expect Rallies Worth 100-400% within 18 Months appeared first on InsideBitcoins.com. …
CME’s Bitcoin Trading Products Record High Figures
Reports revealed that there were unprecedented trading numbers at the Chicago Mercantile Exchange (CME). According to the reports, this rise in trading numbers was recorded […]
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Ethereum exchange balance rockets to all-time highs; spelling trouble for its strength
Ethereum hasn’t been performing well against Bitcoin throughout the past few days and weeks, with this trend simply marking an extension of that seen throughout the past couple of years. The amount of Ethereum being held within exchanges has rocketed to all-time highs as of late, even seeing tremendous growth in the time following the […]
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Former Goldman Sachs exec: Bitcoin price rallying to $500,000 “achievable” due to macroeconomic trends
While we are only four and a half months in, 2020 has already been a crazy year for Bitcoin, for the American economy, and the whole world. Some have argued that the harrowing macroeconomic outlook could present a true risk to cryptocurrencies. Blockchain Capital’s Spencer Bogart told Bloomberg last year: “When you think about really […]
The post Former Goldman Sachs exec: Bitcoin price rallying to $500,000 “achievable” due to macroeconomic trends appeared first on CryptoSlate. …
Europe has taken a clear stance on crypto and businesses should be prepared [INTERIVEW]
Days before the wave of international lockdowns began, CryptoSlate had the opportunity to meet face-to-face with Crypto.com’s General Manager for Europe, Mariana Gospodinova. We discussed the company’s upcoming plans, trends for the rest of the year, and why stricter regulation in Europe is forcing companies’ hands. Crypto.com is one of few companies in the space […]
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CryptoKitties Breaks Nifty Exchange with Surprise Drop
It’s been two years since the CryptoKitties game “broke” the Ethereum network it initially launched in, but now it seems to be doing the same […]
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Litecoin Price Prediction
What is Litecoin? Dubbed “the cryptocurrency for payments,” Litecoin is a virtual currency that seeks to facilitate payments over the internet. Forked from the bitcoin blockchain in the year 2011, Litecoin was born to enable instant payments, something that Bitcoin was unable to do due to its slow transaction confirmation times. For instance, a transaction […] …
Ethereum Price Prediction: Shaping Fundamentals for 2020 – 2030
What is Ethereum? Blockchain, for purists, represents perfection, efficiency, independence, and transparency. These are ideals through which centralized systems are supposed to be built on. However, that has not been the case. The failure of banks to protect the user was incensing and led to the creation of Bitcoin, the most dominant in the crypto […] …
Idled Ethereum tokens are on the move suggesting incoming volatility
Ethereum suffered a significant correction over the weekend, dropping more than 18 percent. The price of the second most valued cryptocurrency in the market went from trading at a high of $215 to hit a low of $176 on Monday. Data from Datamish reveals that the recent bearish impulse saw nearly 5,900 ETH worth of […]
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Risk of Massive Crash: Ethereum Long Positions at Record High
The Ethereum network’s Ether (ETH) tokens have recently experienced a parabolic rise in long positions. This, in turn, increases the risk of yet another violent […]
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Long Ethereum positions on Bitfinex reach over $300 million
Long Ethereum positions on popular crypto exchange Bitfinex reached a new all-time high, as ETH investors are expecting a bullish market. A recent tweet by Brave New Coin contributor Josh Olszewicz, Long positions for ETH recorded a new milestone on May 12. Moreover, he noted that long Ethereum positions on Bitfinex cryptocurrency exchange now account […] …
Bitcoin community removed $200M worth of BTC from exchanges following Bitcoin halving
The Bitcoin community has removed 200 million dollars worth of BTC from exchanges the first day after the asset’s halving. Following the network’s third halving users removed 23,540 BTC from online exchanges. The move highlights the community’s increased confidence in the asset. The move also continues the trend of Bitcoin investors moving their coins into […] …
Bitcoin trading volume leaps to 5000 percent from 2016
The Bitcoin trading volume has risen by a mindboggling 5000% since the last halving back in 2016. From 2016, Bitcoin’s averaged monthly has risen rapidly. In the previous halving, Bitcoin was selling at $500 or so. Comparing the previous halving to where Bitcoin is at the moment, one realizes the leap it has taken. The […] …
What the implications of Binance’s acquisition of CoinMarketCap mean for crypto security
While global markets have been hit with panic facing some of the worst challenges since the financial crisis of 2008, the crypto industry has solidified its power through one of the largest crypto mergers to date. Binance, one of the world’s largest crypto exchanges acquired CoinMarketCap (CMC), a platform that tracks the capitalization of different […]
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Binance customer complaints on NDAs must be sorted out
A Binance customer being wronged by one of the leading cryptocurrency exchanges attract fence-sitters which clouds the issue. Binance has performed exemplary well over the past years and even now, and yet, complaints about the exchange requiring an NDA (non-disclosure agreement) are worth looking into. Facts presented are pieced from sketchy details from the Reddit […] …
Crypto market volatility: digital derivatives to the rescue
The coronavirus has in every way possible exposed the crypto market volatility. The world’s economy has always suffered big blows whenever the globe witnesses crises as big as Covid-19. On the one hand, disasters like this have often birthed accelerated innovations. The fintech industry hasn’t been an exception in any of these. Companies are fast-tracking […] …
Users blast Coinbase after yet another outage during pre-halving Bitcoin drop
Crypto exchange Coinbase can’t seem to catch a break. The San Francisco-based outfit was under fire on Sunday after multiple users took to Reddit and Twitter to complain about downtime during a very critical trading session. Going down but locked out Bitcoin experienced a 15 percent price drop on Sunday, just 48 hours before halving. […]
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Bitcoin trending on Chinese Twitter, a good omen?
In two weeks, the Bitcoin trending topic on Chinese Twitter is observed by those who can read Chinese characters. Although the Chinese Yuan might be prohibited in the Republic of China, however, that has not stopped the residents of China from discussing cryptocurrency. This was clarified yesterday by Samson Mow, the CSO of Block stream. […] …
Iran crypto adoption intensifies as Rial hyperinflation worsens
Iran crypto adoption appears to be on the rise as traders and investors shun the local legal tender, Rial. This has prompted the Iranian parliament redenominate Rial and instead adopting a new fiat Toman. The move is aimed at cushioning the current run-away inflation. Iran is taking cue from countries that are badly hit by […] …
Bitcoin price slump triggers sales worth US250 million
The recent Bitcoin price slump has seen major traders and investors cash in on their assets with USD 250 million worth of Bitcoin sold according to data put forward by crypto analyzing firm, skew. With two days to go before the halving, bitcoins volatility in the digital assets market has seen it drop as low […] …
Is Ethereum “better money” than Bitcoin? This comment sparked a Twitter frenzy
To most traditional economists, money is a combination of three core characteristics: a medium of exchange, a store of wealth, and a unit of account. Proponents of Bitcoin have argued for a long time that their favorite orange coin fits this bill. The cryptocurrency can be easily transferred digitally at relatively low cost, BTC has […]
The post Is Ethereum “better money” than Bitcoin? This comment sparked a Twitter frenzy appeared first on CryptoSlate. …
Crypto get-rich-quick schemes uncovered by Philippine SEC
The Philippines Securities and Exchange Commission or SEC recently uncovered about five entities running investment-solicitation businesses in the country, which involved crypto get-rich-quick schemes. Residents have also been warned to avoid investments that promise massive returns within a short period. The entities have no formal approval According to the SEC document, the five entities are […] …
India crypto sector welcomes more exchanges as trading volume surges
Recent reports are showing that the India crypto sector appears to be growing, in spite of the national lockdown measure to curb the spread of COVID-19. Amid the report of this surging sector comes the announcement of cryptocurrency exchange being rolled out in the country. Bitpolo and CoinSwitch Kuber launches in India Bitpolo posted on […] …
Bitcoin’s Bixin Miner Operator Donates $64.6M to Fund of Funds
Bixin stands as one of the earliest Bitcoin (BTC) wallet startups and miner operators. On Friday, the company announced that it would dedicate 6600 BTC […]
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Search data shows “Bitcoin Halving” hits are now 4 times higher than 2016 levels
Bitcoin’s seeing increased retail interest ahead of its upcoming halving event on May 12, if Google’s search trends are considered. Developing countries leading search Unique hits for Bitcoin halving are surging, reaching a historically unseen level. The protocol is scheduled for a reduction in block rewards to miners after May 12, cutting incentives down to […]
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Indian Cryptocurrency Exchange BitPolo Launches During Pandemic
BitPolo, an Indian fiat-to-crypto exchange, has just gone live in the country, according to a blog post from the group. The exchange is based in […]
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Amun launches Bitcoin inverse token for traders to short BTC
Amun AG, which recently rebranded to 21Shares, announced the launch of a Bitcoin inverse token known as BTCSHORT or BTCS. The new token from the Swiss fintech company is designed to track and represent the inverse price of the top cryptocurrency as its value. Bitcoin inverse token earns on BTC price drops Although BTCS will […] …