Chainalysis Says BitForex Trading Volumes Could Be Fake
The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis. Source
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Trading
China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns
China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector. Source
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Ethereum (ETH) Trading Near Last Line of Defense
Ethereum price is struggling to climb higher above the $188 resistance against the US Dollar.The price is currently trading near the $182 support area, which holds the key.There is a key bearish trend line forming with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is
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Hong Kong: Crypto Startup Launches Bitcoin Trading Venue
Crypto.com, a Hong Kong-based cryptocurrency service provider that offers users lending services, crypto payments through Visa debit card services and more, has announced the launch of its cryptocurrency exchange. The firm says the new crypto trading venue will be initially available to only its retail and institutional customers via its
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Bitfinex Looks to Launch Options Trading As Soon As Q1 2020
According to an executive, cryptocurrency exchange Bitfinex is planning to launch options and a gold-backed stablecoin, among a host of new products.New range of productsIn a Nov. 12 appearance on the Scoop, Paolo Ardoino, CTO of Bitfinex and Tether, told the Block that Bitfinex is considering launching options trading,
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Bakkt Expands Bitcoin Custody Service Beyond Futures Trading Clients
Bakkt is ready to store customers’ bitcoin. Intercontinental Exchange’s bitcoin subsidiary announced Monday it would provide custody services for institutional clients. Pantera Capital, Galaxy Digital and Tagomi have already signed on as initial customers for “Baakt Warehouse,” with other “marquee
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Trading BTC on BiboxEurope Can Turn Profitable Than Others
The cryptocurrency market has been exhibiting bearish sentiments for a while now, except for brief moments when the bulls come out to play. In this scenario, the crypto-trading community is at its wits’ end trying to figure out the best way to create profitable trades. BiboxEurope, a cryptocurrency exchange that
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Bakkt Bitcoin Futures Trading Volume Just Hit Another All-Time High
Bitcoin (BTC) futures daily volumes on digital asset platform Bakkt have hit a new all-time high, with 1,741 futures traded on Nov. 9.Bakkt announced the new record, stating: “Today we set a new daily record of 1,756 Bakkt Bitcoin Futures contracts traded.”Volume spike coincides with Bitcoin price dipTwitter account dedicated
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Bitcoin Falls Below $9,000 as Price Teases Trading Corridor Breakdown
Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move.Data from Coin360 showed BTC/USD breaking out of its narrow trading corridor between $9,000 and $9,500 on early Friday. Bitcoin flickers bearishThat corridor had broadly characterized the largest
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Bakkt Posts Second Largest Trading Volume; Bullish for Bitcoin
Bakkt’s monthly futures volume surged to $10 million, the second-largest on record. The steady growth of Bakkt’s monthly futures volume may reflect the growing interest of institutional investors. In addition, the rise in volume is giving analysts more reason to be bullish on bitcoin. Bakkt’s monthly futures volume on Tuesday skyrocketed to 1,061
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