Several top cryptocurrencies have broken below their critical support levels, suggesting that this could be the start of a deeper correction. Fear gripped the markets on the news that Chinese authorities had raided the offices of the leading cryptocurrency exchange Binance. This negated all the positive effects that had accrued following President Xi Jinping’s endorsement […]
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Bitcoin price crashed below the 100-day moving average, leaving bulls no choice but to find a way to reclaim $7.6K in order to reverse the bear trend. Bitcoin (BTC) opened the day at $7,600 and began a sharp decline to find lows of $6,800 — a loss of just over 10%. Price has since been […]
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Grayscale Investments is launching its diversified cryptocurrency investment product DLC for public trading. American digital asset management fund Grayscale Investments is soon launching its diversified cryptocurrency investment product for public trading. Dubbed Grayscale Digital Large Cap Fund (DLC), the product includes five major cryptos including Bitcoin (ETH) and Ether (ETH), and will soon be available […]
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With a legal publication on the status of cryptos and blockchain in the U.K., crypto businesses speak out about regulation in the country. London has long been one of the world’s most prominent financial hubs. But as the United Kingdom delves further into an uncertain period of political instability that could radically alter the very […]
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Two thieves at a Canadian grocery store swiped $4,000 from a Bitcoin ATM but forgot to check the second canister, leaving $50,000 behind. Two thieves at a Canadian grocery store swiped $4,000 from a Bitcoin (BTC) ATM but forgot to check the second canister, leaving $50,000 behind. According to a local media report published on […]
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An operation to shutter crypto trading sees input from the People’s Bank of China and local law enforcement, as exchanges in Shanghai deny police raided offices. Cryptocurrency exchanges operating illegally in one city in China will face the wrath of a joint government effort to oust them, reports claim. On Nov. 22, authorities in Shenzhen […]
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The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking service this week. The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking service as of Nov. 21. In rolling out its staking services to […]
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The Intercontinental Exchange’s Bakkt platform has officially confirmed its forthcoming launch of a cash-settled Bitcoin futures contract. The Intercontinental Exchange (ICE)’s Bakkt platform has officially confirmed its forthcoming launch of a cash-settled Bitcoin (BTC) futures contract. In a news release published Nov. 22, ICE — the operator of 23 leading global exchanges, including the New […]
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Cryptocurrency exchange Kraken announced that it is introducing a mobile version of its Kraken Future trading app. San Francisco-based cryptocurrency exchange Kraken announced that it is introducing a mobile version of its Kraken Future trading app. New opportunities for futures trading On Nov. 21, Kraken announced on its blog that it is launching a mobile app […]
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South Korean cryptocurrency exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices. South Korean cryptocurrency exchange Bithumb is denying recent reports that Chinese authorities have raided its Shanghai offices. On Nov. 21, a Bithumb spokesperson informed the Block that the recent rumors of a police raid and closure of the exchange’s […]
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