Category: BTCUSDT

FCA Survey Shows 97% Disagreed With The Cryptocurrency Derivatives Ban

FCA Survey Shows 97% Disagreed With The Cryptocurrency Derivatives Ban

Before implementing the ban on cryptocurrency derivatives sales in the UK for retail investors, the FCA asked over 500 firms, trade bodies, and competent authorities on their opinion. Interestingly, the results decisively concluded that 97% of all participants didn’t agree with the prohibition. 97% Oppose The FCA Crypto Derivatives Ban UK’s watchdog, the Financial Conduct […]

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Billionaire Investor Tim Draper Funds Indian Cryptocurrency Exchange Unocoin

Unocoin is one of the earliest exchanges to enter the Indian cryptocurrency arena in 2013. And now the crypto trading platform has received funding from billionaire and bitcoin bull Tim Draper. The Series A round which raised $5 million was led by Draper Associates. 2020 Ventures and crypto-focused VC firm XBTO Ventures also participated in […]

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Bitcoin Deposits and Withdrawals Resumed as KuCoin Makes Steps to Full Recovery

Major cryptocurrency exchange KuCoin has resumed deposits and withdrawals of some cryptocurrencies after the platform recently suffered a substantial hack. BTC, ETH, and USDT Withdrawal and Deposit Services Now Available According to an official announcement on October 7, KuCoin revealed that it reopened deposit and withdrawal functions for crypto tokens Bitcoin (BTC), Ether (ETH), and […]

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Bitcoin Pushed to $10,700 as Larger Altcoins Remain Stable (Thursday Market Watch)

Bitcoin Pushed to $10,700 as Larger Altcoins Remain Stable (Thursday Market Watch)

Bitcoin has charted minor gains in the past 24 hours by following Wall Street once again. Most large-cap altcoins have remained calm with Ethereum hovering around $340 and Ripple trading at $0.245. Bitcoin Steadily Follows US Stocks The primary cryptocurrency headed south yesterday and dipped to $10,525. Although Bitcoin started recovering rather rapidly, it dropped […]

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A $500 Million Bitcoin Exit as BitMEX Gets Labelled ‘High Risk’

Crypto exchange BitMEX is hemorrhaging liquidity as over $500 million has left the exchange since U.S. regulators filed charges against company executives. A week ago the Commodity Futures Trading Commission (CFTC) filed charges against BitMEX executives for operating an unregistered trading platform and failing to implement anti-money laundering procedures. The exchange responded rapidly assuring traders […]

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Low Volatility Index Suggests Huge Bitcoin Price Move Incoming: History in Favor of the Bulls?

Low Volatility Index Suggests Huge Bitcoin Price Move Incoming: History in Favor of the Bulls?

Bitcoin has had a slow last few weeks, that’s for sure. It appears that the cryptocurrency is trading within a narrow range, unable to swing convincingly in either direction. This is reflected in its historic volatility, which has been falling quite a bit. In fact, it’s currently at a point where, usually, a huge move […]

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Bitcoin Price Analysis: BTC To Reclaim $10.7K as Whale Shakeout Pattern Completes?

Bitcoin Price Analysis: BTC To Reclaim $10.7K as Whale Shakeout Pattern Completes?

Bitcoin price appears to be tracking in another classic whale manipulation pattern right now, after yesterday’s sharp $200 crash during the US trading session. The details of this pattern have already been covered extensively in a previous analysis, but for those of you not familiar, it essentially represents a strategy employed by large BTC traders […]

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Bitcoin Helps Me Sleep Soundly at Night: Social Capital CEO Chamath Palihapitiya

Bitcoin Helps Me Sleep Soundly at Night: Social Capital CEO Chamath Palihapitiya

Social Capital CEO Chamath Palihapitiya doubled-down on his belief that Bitcoin investors should separate themselves from short-term price actions. He asserted that BTC operates in opposite to other financial assets and helps him sleep “soundly” at night. Palihapitiya: Bitcoin Is Fundamentally Different The former Facebook executive has been a long-time Bitcoin proponent. Earlier this year, […]

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Bitcoin Price Dips to $10,525 as Stocks Also Tumble (Market Watch)

Bitcoin Price Dips to $10,525 as Stocks Also Tumble (Market Watch)

Bitcoin has failed to sustain its recent bullish run and has dropped to approximately $10,600. Most alternative coins have mimicked BTC’s move, resulting in a $10 billion loss from the total market cap. Bitcoin Fails At $10,800 As reported yesterday, Bitcoin had reacted positively on news that US President Donald Trump left the hospital after […]

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Crypto Markets Plunge $10 Billion as Trump Ends Pandemic Relief Talks

Crypto Markets Plunge $10 Billion as Trump Ends Pandemic Relief Talks

On the back of remarkably fast recovery from the virus, which has taken over 210,000 American lives, President Donald Trump abruptly ended talks with Speaker Nancy Pelosi and Democratic leaders over new economic aid packages. All three major U.S. stock indexes lost solid gains from earlier in the day and fell into negative territory after […]

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