Binance has denied recent reports that police raided its offices in Shanghai, stating that indeed, it has no offices in the city. Recent reports that Chinese authorities have raided the offices of leading cryptocurrency exchange Binance, are actually quite false. Speaking to Cointelegraph on Nov. 21, a Binance spokesperson refuted media reports that Chinese police […]
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Bitcoin plummeted several hundred dollars past its 0.786 Fibonacci level to $7,400 on false rumors of Chinese authorities raiding Binance’s Shanghai office. Bitcoin (BTC) finally dropped all the way down to the $7.4Ks in minutes as anticipated in our previous analysis if the key $7.8K level did not hold. Cryptocurrency market daily performance. Source: Coin360 […]
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Chinese police have reportedly shut down the Shanghai offices of leading cryptocurrency exchange Binance. Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance. Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises. Between 50–100 of the exchange’s employees […]
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Binance’s crypto trading platform for United States-based users, Binance.US, has partnered with crypto brokerage firm Tagomi to provide institutional liquidity for its users. Binance’s cryptocurrency trading platform for United States-based users, Binance.US, has partnered with crypto brokerage firm Tagomi to provide institutional liquidity for its users. The partnership was announced in a Nov. 21 press […]
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Binance has acquired the well-known Indian crypto exchange WazirX, bringing easier cryptocurrency access to a population of over one billion. Binance has acquired the well-known Indian crypto exchange WazirX, bringing easier cryptocurrency access to a population of over one billion. According to an announcement published on Nov. 21, users will be able to use Indian […]
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Bitcoin price is close to critical support levels, but we anticipate a bounce off the support levels as we take a look at the charts. The Federal Reserve Board Chairman Jerome Powell has said that the Fed is not developing a central bank digital currency (CBDC), but it is conducting its own research to evaluate […]
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Despite crypto markets reclaiming the capitalization boasted in Nov. 2017 and record volumes, altcoins have seen a declining market share. At present, the combined capitalization of the 2,022 crypto assets with a known market cap was roughly $222 billion. On Nov. 19, 2017, just weeks before the current all-time highs would be set for the […]
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Binance, the second-biggest crypto exchange, fell out of CryptoCompare’s new exchange rankings due to security concerns. London-based crypto data provider CryptoCompare has updated its crypto Exchange Benchmark, removing Binance cryptocurrency exchange from the list of the top 10 exchanges. Binance, the second biggest crypto exchange by daily trade volume to date, is not included in […]
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Cryptocurrency and blockchain firms are well-represented among a recent KPMG ranking of fintech firms. On Nov. 18, Big Four auditing firm KPMG released its 2019 Fintech100 ranking, which lists the top 100 fintech firms in the world. The list saw a drop in Bitcoin-related companies but reinforced innovation in the payments industry. As was the […]
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All the latest from BlockShow Asia 2019, including mixed messages on crypto regulation and hard truths about token prices. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week […]
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