November 2020 | Page 20 of 152 | Last Cryptocurrency News Feed

How massive liquidations caused Bitcoin to plummet 16% in 24 hours

Bitcoin (BTC) price fell by a whopping 16% to $16,334 on Nov. 26 since achieving its peak at $19,484 the previous day. Data suggests that cascading liquidations were the driving force of the massive correction.Prior to the pullback, the open interest of the Bitcoin futures market hit a new record high. The derivatives market was…

Cointelegraph Feed

Bitcoin exodus: OKEx users move crypto off exchange as withdrawals resume

Major cryptocurrency exchange OKEx resumed all withdrawals at 8:00 am UTC on Nov. 26, but users already appear to be pulling out their funds, fast. 4369 Total views 21 Total shares After a five-week-long suspension of all user withdrawals, cryptocurrency exchange OKEx resumed normal services at 8:00 am UTC on Nov. 26.Having announced the re-opening last week, OKEx then…

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6 Possible Reasons For Bitcoin’s $3,000 Daily Price Crash

Bitcoin lost nearly $3,000 in a few hours, resulting in a price below $17,000. From OKEx opening withdrawals, the US supposedly eyeing additional restrictive regulations and increased exchange inflows, here are a few reasons for which this might have happened. #1: OKEx Resumes Withdrawals: Chinese Traders Can Realize Mining Profits OKEx is one of the…

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Coinbase CEO Fears Rumored Regulations Proposed By The Trump Administration

Coinbase’s CEO Brian Armstrong has sent a letter to the US Treasury Secretary Steven Mnuchin regarding new rumored regulations on self-hosted cryptocurrency wallets. Armstrong believes that if implemented, the new legislation could harm users and, ultimately, the role of the US in the cryptocurrency financial field. New Regulations On Self-Hosted Crypto Wallets? The CEO of…

Cointelegraph Feed

Bitcoin price continues falling, losing $17K in biggest crash since March

Fresh lows of $16,300 mean that BTC/USD has lost over $3,000 in 24 hours after hitting highs of $19,480. 4764 Total views 15 Total shares Bitcoin (BTC) has continued falling on Nov. 26 as selling pressure transforms into the biggest losses — in terms of U.S. dollars — since March.Bitcoin price sheds over $3,000 in…

CoinDesk Feed

OKEx Resumes Withdrawals 5 Weeks After Freeze

Nov 26, 2020 at 8:09 a.m. UTC(Shutterstock/Piotr Swat)OKEx Resumes Withdrawals 5 Weeks After FreezeMalta-based cryptocurrency exchange OKEx has reopened withdrawals five weeks after an abrupt suspension.In a short blog post on Thursday, the exchange announced that it was lifting the freeze at 08:00 UTC and pointed users to a compensation and loyalty program in an…

Cointelegraph Feed

Experts say institutions drove Bitcoin’s rise to $19K and that alt-season is coming

Market analysts are attributing Bitcoin’s sudden surge above $19,000 to aggressive demand from financial institutions and leading companies in the United States. 1363 Total views 10 Total shares Analysts are pointing to demand from financial institutions and publicly listed companies as the primary forces behind BTC’s sudden re-test of its all-time highs.“The primary reason for…

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Bitcoin Starts Thanksgiving Losing $1000 in Three Hours

So you bought some Bitcoin this week? How about a big red candle to celebrate Thanksgiving? After showing the fastest growth of the year, Bitcoin finally corrected, losing over $1000 in about 3 hours. At 0:00 UTC, Bitcoin was trading at $18869 on Coinbase. The price represented a breath of fresh air for traders and…

Cointelegraph Feed

Bitcoin price suddenly drops 11% as whales move BTC to exchanges

A Bitcoin price correction to $17,250 fulfills analysts' expectations as $20,000 all-time highs prove difficult to overcome. 3250 Total views 20 Total shares Bitcoin (BTC) dropped $1,000 in minutes on Nov. 26 as a long-awaited pullback hit the market at close to $19,500.BTC price hits $17,250 lowsData from Cointelegraph Markets and TradingView showed BTC/USD experiencing…

Cointelegraph Feed

Cambridge and Oxford teams compete in algorithmic crypto trading contest

Teams representing the maths and science departments of the universities of Cambridge and Oxford are competing to design cryptocurrency trading algorithms. 1664 Total views 11 Total shares More than one dozen teams representing the mathematics and computer science departments of Oxford and Cambridge universities are competing to build crypto trading algorithms on major exchanges Coinbase…