Cryptocurrency Analysis and News Portal
As the Chinese government cracks down on several crypto exchanges catering to traders based in China, many of those customers – and their bitcoin – have been making their way to Binance over the past few days.Bitcoin flows to Binance from Huobi reached an all-time high since the Huobi chief
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The mood of fear, uncertainty and doubt, otherwise known as FUD, that has gripped some of the largest cryptocurrency exchanges since October heightened last week — and it had nothing to do with the United States presidential election.“Weird Binance fud Friday and weird huobi arrest fud today,” tweeted MyCrypto CEO
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On Election Day, Californians chose not only the direction of their government but also the direction of some of the laws that government will administer. With 56% of voters approving it thus far, Proposition 24, also known as the California Privacy Rights Act (CPRA), is on its way to replacing
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[UPDATED] Ant Group’s IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China’s regulatory environment for fintech firms that are expected to affect the company. The Shanghai exchange said Tuesday that the changes will create new requirements such as more financial disclosures
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The price of Bitcoin (BTC) has declined by more than 3% in the past two days. The pullback of the dominant cryptocurrency comes amid growing regulatory pressure in China and Hong Kong.The daily price chart of Bitcoin. Source: TradingView.comTimeline of exchange FUD in the past monthOn Oct. 16, top Bitcoin futures
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Bitcoin opened the week recovering from a dip while ether balances on centralized exchanges fell.Bitcoin (BTC) trading around $13,673 as of 21:00 UTC (4 p.m. ET). Slipping 1.2% over the previous 24 hours.Bitcoin’s 24-hour range: $13,221-$13,877BTC above its 10-day but below the 50-day moving average, a sideways signal for market
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From what started as something of a “technological experiment” with Bitcoin (BTC) over a decade ago, the crypto asset industry has become a significant driver for change in global financial markets. Cryptocurrency exchanges started as a means to enable crypto enthusiasts to trade digital coins outside the traditional financial system
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The third quarter of 2020 has seen the strong resurgence of decentralized finance (DeFi) on Ethereum. With it,
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The Department of Justice (DOJ) just fired a warning to crypto exchanges worldwide: Comply with U.S. law or face the potential wrath of the federal government.Last week, the DOJ published an 83-page cryptocurrency enforcement framework detailing its approach to the nascent space and discussing potential crimes. The document also suggested
Read MoreOver 45,000 Bitcoin has been withdrawn from BitMex since the U.S. government levied charges against the exchange and its leadership. October 1 brought two devastating blows to BitMex. First, the CFTC and DOJ brought charges against the exchange. Shortly thereafter, its founders (including CEO Arthur Hayes), were indicted by the U.S. government. The
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