Everyone was short and Bitcoin was “going to $6,000.” So how did veteran trader Scott Melker catch a 40% move up? The sixth installment of my trade journal features one of my best Bitcoin (BTC) swing trades ever, catching much of the 40% move that caught many traders off guard. This was a straightforward trade […]
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The United Kingdom government tax agency has updated its cryptocurrency taxation guidelines for businesses and individuals. The United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs (HMRC), has updated its cryptocurrency taxation guidelines for businesses and individuals. On Nov. 1, the U.K. government tax agency, which manages taxes alongside other financial policies, […]
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Belgium’s financial watchdog has made an additional update to its blacklist of crypto-related websites associated with fraud. Belgium’s Financial Services and Markets Authority (FSMA) has made an additional update to its blacklist of cryptocurrency-related websites associated with fraud. On Oct. 29, Belgium’s financial watchdog updated its list of cryptocurrency trading platforms for which it has […]
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Hackers took over BitMEX Twitter, and claimed responsibility for the earlier leak of 30,000 email addresses. BitMEX says all customer funds are safe. Hackers took over the Twitter account of cryptocurrency exchange BitMEX after the previously reported leak of customer email details on Nov. 1. The exchange claims that, although its Twitter account was hacked, […]
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Bitcoin and crypto derivatives exchange BitMEX is implementing major changes to the weights of its price indices later this month. Crypto derivatives exchange BitMEX is implementing major changes to the weights of its indices later this month, according to an announcement published today, Nov. 1. The exchange says the update is a bid to ensure […]
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In a first since China’s crypto ban of 2017, Binance may be planning to open an office on the Chinese mainland. Major crypto exchange Binance may be returning to China, with a planned office to open in Beijing, sources say. Binance in exile Binance, which left China in September 2017 in response to the country’s […]
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As a light retracement sets in following the weekend’s highs, Bitcoin is nonetheless behaving “according to plan,” with its predicted range intact. Bitcoin price (BTC) was drifting towards $9,000 on Oct. 30 as the momentum behind its recent bull run appeared to wane. Cryptocurrency market daily overview. Source: Coin360 Bitcoin ranges prior to moving average […]
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Bitcoin tries and fails to hold the $9.5K mark, still preserving the recent 30% gains it sealed in its sudden uptick which began on Friday last week. Bitcoin price (BTC) was challenging $9,500 on Oct. 29 as the largest cryptocurrency preserved its higher levels after a bullish breakout over the weekend. Cryptocurrency market daily overview. […]
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The U.S. Department of the Treasury said it will monitor Facebook’s Libra stablecoin and associated wallet Calibra following a letter from Rep. Emanuel Cleaver. The United States Department of the Treasury has agreed to the need for an investigation into Facebook’s forthcoming Libra stablecoin following a letter from Representative Emanuel Cleaver. Per a press release […]
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A wobble for markets saw BTC/USD reenter the $7,000 range on Thursday after failing to cement support higher. Bitcoin (BTC) regained $8,000 on Oct. 23 after a fresh bearish move canceled out progress towards the top of its trading range. Cryptocurrency market daily overview. Source: Coin360 Bitcoin rejected at $8.3K Data from Coin360 showed another […]
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