November 2020 | Last Cryptocurrency News Feed

Bitmex parent 100x appoints German stock exchange exec as new CEO

Amid ongoing legal action from U.S. authorities, the company behind Bitmex — 100x — has announced a new CEO. 2399 Total views 16 Total shares 100x — the holding group for Bitmex’s parent company — has announced the appointment of a permanent new CEO in the wake of charges filed in Octob against the exchange’s…

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Coinbase Will Let You Stake and Trade Ethereum 2.0 Tokens

Just hours before the launch of Ethereum 2.0, Coinbase, America’s leading cryptocurrency exchange, decided to give a warm welcome to the evolution of the world’s largest blockchain after Bitcoin. Now, traders and hodlers waiting for the ETH2 upgrade had confirmation from Coinbase that the exchange would enable an ETH2 currency staking service. Of course, being…

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Parent of Troubled BitMEX Names a Former Stock Exchange Chief Its New CEO

Dec 1, 2020 at 2:18 a.m. UTCUpdated Dec 1, 2020 at 3:35 a.m. UTCParent of Troubled BitMEX Names a Former Stock Exchange Chief Its New CEO100x Group, the holding group for HDR Global Trading Limited, owner and operator of the embattled BitMEX cryptocurrency derivatives platform, named Alexander Hoptner as the CEO.Announced Tuesday, Hoptner will become…

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BitMEX Parent Names Höptner as New CEO

100x Group, the holding group for HDR Global Trading Limited, owner and operator of the embattled BitMEX cryptocurrency derivatives platform, named Alexander Höptner as the new chief executive officer, effective in January 2021. Höptner comes from Börse Stuttgart GmbH and Euwax AG, where he has been CEO since 2018. This story is developing and will be…

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Authorities shut off electricity to Bitcoin miners in China’s Yunnan province

Local media reports indicate electricity producers in Yunnan, China’s fourth-largest province by Bitcoin hash rate, have been ordered not to provide power to crypto mines. Local sources report that authorities from the city of Baoshan in the Chinese province of Yunnan are escalating efforts to crack down on Bitcoin miners, ordering electricity producers to cease…

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4 key indicators reflect extreme optimism from pro Bitcoin traders

Most investors that follow Bitcoin will have recently heard about the growing impact Bitcoin (BTC) futures and options markets have on Bitcoin price. The same can be said for the price swings caused by liquidations at OKEx and Huobi exchanges.Considering that derivatives markets are now playing a much bigger role in Bitcoin price fluctuations, it…

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Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini

Dec 1, 2020 at 12:01 a.m. UTCUpdated Dec 1, 2020 at 12:04 a.m. UTCBitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, GeminiUpstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removing trading fees.Announced today, LVL (pronounced “level,” as in playing field) is making…

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Crypto Version of ‘Giving Tuesday’ Returns With 10X as Many Charities

Nov 30, 2020 at 11:25 p.m. UTCUpdated Nov 30, 2020 at 11:32 p.m. UTCCrypto Version of ‘Giving Tuesday’ Returns With 10X as Many CharitiesWith the holiday season approaching and cryptocurrencies led by bitcoin (BTC) surging in price, charities are warming to the opportunity to accept donations of the digital tender. Slated for Dec. 1, the crypto…

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Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Congestion

Nov 30, 2020 at 10:57 p.m. UTCUpdated Nov 30, 2020 at 11:21 p.m. UTCCoinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network CongestionLeading cryptocurrency exchange Coinbase, on a day when the price of bitcoin (BTC) surpassed its all-time high, said it is experiencing delays processing BTC withdrawals due to Bitcoin network congestion.Deposits, buys and…

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Canaan Sees Over 75% Decline in Net Revenue in Q3 as Bitcoin’s Price Surge

Chinese Bitcoin mining firm Canaan has recorded a loss in yet another quarter but is showing positive signs of a recovery as share price and market capitalization spikes. Following a disappointing initial public offering (IPO) last year and declining inventory sales, the company has seen the balance of power shift considerably to major competitors MicroBT…