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Is It End For BitMEX? Exchange Makes Full Verification Mandatory for Traders

October 22, 2020 , , , , , , , , , Eddy 0

Weeks after cryptocurrency exchange BitMEX’s co-founder’s were charged for evading anti-money laundering rules, the exchange today made full verification mandatory for its users. BitMEX released an official tweet stating its users to complete their full verification by Nov. 5, 2020 to continue trading on the platform. We are accelerating the rollout of our User Verification […]

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Altcoins Lose Over $4 Billion In Market Cap As Bitcoin Bulls Take Charge

October 22, 2020 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Over the last 24 hours, the altcoins’ market is in deep red with some top cryptocurrencies losing between 4-10%. As per the charts on CoinMarketCap, the altcoins have lost over $4 billion in combined market cap over the last 24 hours. Source: CoinMarketCap Among the top ten cryptocurrencies, Chainlink (LINK) has lost the most in […]

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Traders’ Digest: After $12K, Bitcoin Is Heading To $14,300 Before 2021

Traders’ Digest: After $12K, Bitcoin Is Heading To $14,300 Before 2021

October 21, 2020 , , , , , , , Eddy 0

Characterized by an explosive rally in the last 24 hours, bitcoin just took back this year’s high again. But a popular TradingView-based analyst is calling for BTC to hit $14,300. This is based on the ‘Underlying Trend-line’ analysis, which, according to him, is the “the most consistent trend-line since March.” Bitcoin Testing The Underlying Trendline […]

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The Biggest Concern of Bitcoin Investors Until The End Of 2020: Will Trump Get Reelected (Survey)

The Biggest Concern of Bitcoin Investors Until The End Of 2020: Will Trump Get Reelected (Survey)

October 21, 2020 , , , , , , , , , Eddy 0

Bitcoin’s price is undeniably affected by many factors. Throughout its nascent history, it has displayed continuous correlation with the performance of gold, although, at times, it’s moving hand-in-hand with the stock market. The overall macroeconomic landscape has also proven to be a factor for Bitcoin’s price. For example, it saw a 40% decrease in March […]

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Crypto Market Cap Gains $7 Billion as Bitcoin Blasts Through $12,000

Crypto Market Cap Gains $7 Billion as Bitcoin Blasts Through $12,000

October 21, 2020 , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin has surged past $12,000 in the past several hours and it came just $200 away from marking a fresh 2020 high above $12,500. Interestingly, the alternative coins haven’t followed BTC’s move upwards, and Bitcoin has increased its dominance over the market. Bitcoin Nears A New 2020 High? The past few days have been quite […]

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Bitcoin Cranks to Crucial Resistance at $12,300, Can it Go Higher?

Bitcoin Cranks to Crucial Resistance at $12,300, Can it Go Higher?

October 21, 2020 , , , , , , Eddy 0

Within the past hour, Bitcoin has made its move back to tap $12,300, which equals its high for this year made in mid-August. Analysts are flooding crypto social media with their predictions as BTC reaches this crucial juncture. Since that first move above $12k over two months ago, BTC corrected the high $9k zone resulting […]

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Bitcoin Dominance at 2-Month High: Disaster for Altcoins

Bitcoin Dominance at 2-Month High: Disaster for Altcoins

October 20, 2020 , , , , , , , , , , Eddy 0

August was a bullish month for altcoin traders as they ranked in profits, forcing Bitcoin dominance to drop below 60% for the first time since the start of the year. However, the altcoin euphoria was shortlived as September brought along the bears. The end of Q3 wasn’t great for Bitcoin traders, but that was expected […]

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Bitcoin Price Will Skyrocket as Markets Riddled by Election Uncertainty, Analyst Says

Bitcoin Price Will Skyrocket as Markets Riddled by Election Uncertainty, Analyst Says

October 20, 2020 , , , , , , , , , Eddy 0

Octavio Marenzi, founder and CEO of capital markets consultancy firm Opimas LLC, recently predicted that the current economic situation will shoot Bitcoin’s price “through the roof.” Simultaneously, he suggested that the traditional financial markets will suffer as the COVID-19 fears grow. Opimas CEO: Bitcoin Will Shoot Through The Roof Appearing on RT’s Boom Bust, Marenzi […]

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Hackers Donate Stolen Bitcoin Worth $20,000 to Two Non-Profit Organizations

Hackers Donate Stolen Bitcoin Worth $20,000 to Two Non-Profit Organizations

October 20, 2020 , , , , , , , , Eddy 0

In what seems to be a case of black hat hackers masquerading as the internet’s self-professed Robin Hoods, two charitable organizations have received mysterious bitcoin donations from a cybercriminal group. The generous gesture is worth 0.88 BTC (around $10,000), with the donating hackers wanting to “make the world a better place.” Hacking Corporations To Give […]

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