As the decentralized finance juggernaut rolls inexorably forward, the exploitation of defi project Bzx – in which $350K, or around 2% of total assets was taken – has called the decentralization of the industry into doubt. The attack forced an admin key reset to redeem lost funds and sparked a surge in defi insurance, with […]
The post DEX Volume Soars But Bzx Exploit Raises Questions About ‘Decentralization Theatre’ appeared first on Bitcoin News.
A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely liquidated. Also read: Fed Chair […]
The post XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash appeared first on Bitcoin News.
Digital currency markets are in the green again today after seeing some moderate losses the day prior. The leading cryptocurrency in the top 10 is the fourth-largest blockchain by market cap, bitcoin cash, which is up 14% today. A variety of other digital asset markets are doing well as the overall market valuation of all […]
The post Market Update: Bitcoin Cash Shines as Crypto Markets Show Bullish Signals appeared first on Bitcoin News.
Trading in any market can be a difficult thing, especially if you lack technical knowledge. Luckily, there are services like managed investment accounts, where a professional does all the work for you. A managed investment account (or portfolio) can be defined as a set of assets that are given to a certain financial company, a broker or financial advisor, who are tasked with making all the investment decisions about the portfolio for you, and with the ultimate purpose of obtaining the best possible results.
Little more than a month after their launch, Bitcoin options contracts on ICE’s digital asset platform Bakkt appear to have seen sluggish uptake.
Little more than a mont…
Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide custodial services, will have to abide by the country’s securities laws and act like securities dealers. Also […]
The post New Guidelines Subject Canadian Crypto Exchanges to Securities Laws appeared first on Bitcoin News.
Establishing a “national mining pool” has been declared a priority in Uzbekistan. Miners who join the pool will enjoy lower electricity rates, announced the country’s agency overseeing the crypto industry. The Central Asian nation is also preparing to launch a licensed cryptocurrency exchange, where miners will be able to sell the coins they have minted. […]
The post Uzbekistan to Create National Mining Pool, Launch Licensed Exchange appeared first on Bitcoin News.
January 14 was the best trading day of the year for many cryptocurrencies, which saw double or even triple-digit percentage gains. It was also a good day for futures markets, where more than $25 billion in trades was placed on Tuesday. The result constituted the busiest day for futures in almost three months, with the […]
The post Bitcoin Futures Hit 3-Month High in Frenetic Tuesday Trading appeared first on Bitcoin News.
Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%. Also read: Close to 11 Million BTC Haven’t Moved in […]
The post Market Outlook: Bullish Trend Sends Crypto Prices Northwards appeared first on Bitcoin News.
On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased significantly and there’s been roughly $83 billion in […]
The post Market Update: Top Cryptos Face Strong Resistance Ahead appeared first on Bitcoin News.
Yoni Assia is the CEO and founder of multi-asset trading platform Etoro. The brokerage firm, which enjoys a high profile within the cryptosphere, enables digital assets such as BTC and BCH to be traded alongside stocks, ETFs, and commodities. Juxtaposed between the traditional and crypto investment realms, Etoro has a unique insight into the health […]
The post Etoro CEO Yoni Assia on Reaching 12 Million Users and Why Cryptos Are a Gateway to Stocks appeared first on Bitcoin News.
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents are still uncertain about the future trajectory and whether […]
The post Market Update: Crypto Traders Search for Bullish and Bearish Trends appeared first on Bitcoin News.
Utorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed а daily limit of $1,000. Its decision to provide […]
The post Utorg Exchange Grants Access to Traders With Limited Verification appeared first on Bitcoin News.
In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy access to unlimited trading and deposits. Also read: P2P Crypto […]
The post Poloniex Restores Unverified Accounts With Unlimited Trading appeared first on Bitcoin News.
12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual contracts, and a matching engine capable of handling 100,000 tps, […]
The post Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020 appeared first on Bitcoin News.
There are not many contests in the cryptocurrency sector on such a scale! CoinCasso worldwide exchange platform is organizing an international competition, lasting until the end of the year. In the prize pool there are the newest mobile devices, including iPhone 11, Apple Watch, iPhone 8 and the main prize – MacBook Air notebook!
The post CoinCasso Launches Worldwide Crypto Christmas Challenge appeared first on Bitcoin News.
Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May as the market valuation of the entire cryptoconomy is struggling to […]
The post Market Update: Bears Claw Crypto Prices Below Long-Term Support appeared first on Bitcoin News.
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. Also read: Regulatory Roundup – Crypto ‘Inevitable’ in India, China […]
The post Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’ appeared first on Bitcoin News.
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish tax administration recently clarified. The matter has been discussed on European […]
If you bought synthetix (SNX) this time last year, you don’t need to read these words. You’re already rich after your moon bag lived up to its billing and pulled a 50x. Despite the era of undiscovered gems tapering off in 2018, there’s still a handful of tokens that achieve the impossible each year, making […]
The post Searching for Synthetix: Which Token Will Be Next Year’s 50x Winner? appeared first on Bitcoin News.
Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will focus exclusively on the niche. The new entity and another German startup, […]
The post German Fintechs Rush to Offer Crypto Custody Services Under New Law appeared first on Bitcoin News.
For over a year now, the Simple Ledger Protocol (SLP) token universe has grown quite vast. There are now more than 6,000 SLP tokens in existence and a number of SLP tokens have seen price discovery. Moreover, tokens listed on our SLP market capitalization aggregator show in the last two months SLP valuations have doubled. […]
Today, Nexinter, the digital fiat-crypto and custodian exchange, has announced that it will be the profit sharing digital exchange in the world. 75% of the Nexinter’s profits from any operation or revenue stream on the platform will be returned to the community in a reward system.