The reversal in the price of Bitcoin and other cryptocurrencies in the past week points to a likely bottom formation and a change in sentiment to buy the dips. Though fundamentals play a large part in determining the price of an asset, short-term movements of the markets are driven by sentiment. This was clearly visible […]
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Cryptocurrency exchange OKEx is joining Klaytn, a global public blockchain platform developed by Kakao subsidiary Ground X. OKEx announced that it is joining Klaytn, a global public blockchain platform developed by Kakao subsidiary Ground X. On Oct. 25, OKEx wrote in a press release that blockchain project Klaytn will be onboarding the crypto exchange into […]
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Bitfinex argued that any allegation that Crypto Capital laundered any illicit funds upon request of Bitfinex is “categorically false.” Major global crypto exchange Bitfinex has called itself a “victim of a fraud” in response to the recent arrest of the president of Crypto Capital exchange. Bitfinex will continue to recover lost funds Following the arrest […]
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WeChat Pay stores payment receipts on the blockchain, says Binance CEO. Binance CEO Changpeng Zhao (CZ) took to Twitter on Oct. 25, saying that he had “got word” that WeChat Pay puts receipts on the blockchain, along with a screengrab of a receipt with a link to a block explorer. Why does CZ care so […]
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After a day at the lower bound of a well-defined trading corridor, Bitcoin rose up to tackle $7,650 and reclaim some ground lost in its major slide this week. Bitcoin (BTC) hit $7,600 on Oct. 25 after a spell of bullish upward action saw 2% gains occur in a matter of minutes. Cryptocurrency market daily […]
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Polish authorities arrest the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other cryptocurrency exchanges. Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities. According to local news outlet wPolityce’s report published on Oct. […]
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Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency the Nigerian Naira. Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency Nigerian Naira (NGN) on Oct. 24. Binance adds three new NGN trading pairs Per the announcement, NGN deposits will be processed by online payments processor Flutterwave and the […]
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The United States-based branch of major crypto exchange Binance, Binance.US, is adding support for Dogecoin tonight. The United States-based branch of major crypto exchange Binance, Binance.US, will add support for Dogecoin (DOGE), according to a blog post published on Oct. 24. Binance.US’s users will be able to trade the DOGE/USDT pair from 09:00 p.m. EST […]
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External pressure appears to influence sentiment as Facebook grilling by U.S. Congress coincides with a sudden Bitcoin price crash. Bitcoin price (BTC) hovered near widely-predicted support levels on Oct. 24 after a day of carnage sent markets tumbling to five-month lows. Cryptocurrency market daily overview. Source: Coin360 Bitcoin battles fresh Congressional criticism Data from Coin360 […]
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Major cryptocurrency exchange Binance prepares to list the first-ever SEC-sanctioned Blockstack token. Major cryptocurrency exchange Binance is preparing to expand its token offering with the listing of Blockstack (STX). According to an announcement on Oct. 23, the cryptocurrency exchange will open trading for STX/Binance Coin (BNB), STX/Bitcoin (BTC) and STX/Tether (USDT) trading pairs on Oct. […]
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