Bitcoin outflows on BitMEX exceeded inflows by $73 million after the exchange was reported to be investigated by the CFTC. Bitcoin (BTC) outflows on major crypto exchange BitMEX have notably exceeded the inflows after the firm was reported to be a subject in a regulatory investigation. Bitcoin outflows on BitMEX exceeded inflows by $73 million […]
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Top digital currencies have seen notable gains on the day, with Bitcoin trading at $10,549. Thursday, July 18 — following Bitcoin’s (BTC) price retaking $10,000 earlier today, top-20 cryptocurrencies have seen notable gains on the day, with only UNUS SED LEO (LEO) casting a gloom on the prospects. Market visualization. Source: Coin360 BTC is up […]
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China’s police confiscated 4,000 crypto mining units that were illegally deployed at nine factories. Police in China arrested 22 suspects allegedly involved in illegal crypto mining activity that led to energy loss worth of about $3 million, local media outlet XinhuaNet reports on July 12. Police in Jiangsu, China’s eastern-central coastal province, have reportedly seized […]
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The Foundation for Defense of Democracies has assessed current and future risks of cryptocurrency use by countries adversarial to the United States. The American Foundation for Defense of Democracies (FDD) has assembled an assessment of current and future risks of cryptocurrency use by countries adversarial to the United States in a report published on July […]
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Crypto markets are down on the day, with some top-20 coins reporting double-digit losses. Thursday, July 11 — major cryptocurrency markets are trading in the red zone, with just a few coins reporting moderate gains, according to Coin360. Market visualization courtesy of Coin360 The leading cryptocurrency Bitcoin (BTC) has continued coming down after yesterday;s sharp drop […]
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Since Zimbabwe’s central bank banned crypto services in 2018, Bitcoin has continued to rise amid new ban on foreign currencies. Bitcoin (BTC) trading in Zimbabwe has continued to surge after the government banned the use of foreign currencies on June 24, business news agency Quartz Africa reported on July 10. The country is reportedly seeing […]
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The surge in crypto prices in Q2 of 2019 is backed by a respective growth in fundamental indicators… For crypto markets, the second quarter of this year has been the best three-month sequence since the bear turn of early 2018 put a brutal end to the dreams that the explosive growth of coin prices was […]
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Trading volume on Finnish peer-to-peer bitcoin exchange platform LocalBitcoins hit the highest level since November 2018. Trading volume on Finnish peer-to-peer (P2P) bitcoin (BTC) exchange Localbitcoins hit a high not seen since November 2018, reveals data shown on cryptocurrency analytics website CoinDance. According to data from CoinDance, LocalBitcoins global weekly bitcoin trading volume hit $65.6 […]
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Deputy governor for new technologies at the Central Bank of Iran said that buying and selling bitcoin is illegal in the country. Buying and selling cryptocurrencies like bitcoin (BTC) is illegal in Iran, a senior government official declared, according to a report by local news agency Tasnim News on July 8. Nasser Hakimi, deputy governor […]
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Regulatory pressures continue to have an effect on the most popular countries to mine cryptocurrencies. A move by the Iranian government to cut off the power supply to local Bitcoin (BTC) miners grabbed headlines in June amid a soaring price gain by the preeminent cryptocurrency. As Bitcoin surged to prices not seen since 2017, a […]
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