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Crypto Markets Head for Worst Day in Two Months as Bitcoin Sentiment Shifts to ‘Extreme Fear’

Bitcoin plunges to six-month low.Crypto markets fall below $200 billion for the first time since the spring.Bitcoin’s Fear & Greed Index prints “extreme fear.”Crypto markets plunged anew on Friday and are on track for their worst performance in two months, as bitcoin’s fear and greed index flipped “extreme fear” following

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Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications

Cryptocurrency trading platform Bitfinex has reportedly shifted its banking business to the Hong Kong-based Bank of Communications, the Block reported Oct. 16.A source familiar with the matter reportedly said that Bitfinex appears to be banking with the Bank of Communications through the private account “Prosperity Revenue Merchandising Limited.” According to

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Crypto Mining Becomes Less Profitable, Shifts Towards ‘Bigger Players,’ Report Shows

Bitcoin (BTC) miner revenues for the first six months of 2018 have already surpassed results in 2017, but the miners themselves see little profit, weekly crypto outlet Diar reports Monday, October 8.As per the Diar report, the rewards and fees for BTC miners have already reached $4.7 billion in the

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