Bitcoin traders express optimism even as BTC price targets shift lower
Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower.
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Kraken Begins Bitcoin Cash SV Trading but Says Users Face ‘Extremely High Risk’
Major U.S. cryptocurrency exchange Kraken confirmed in a blog post Nov. 18 that it had begun supporting both forks of Bitcoin Cash (BCH), while warning traders about “many red flags.”Kraken, which initially said it would only support only one of the two BCH chains – Bitcoin Cash ABC – has at press time already launched…

Mixed signals: Binance denies reports of $90 billion in crypto trades in China
Binance has refuted claims published in the Wall Street Journal that despite China’s crypto ban, the exchange has conducted billions in crypto-related business in the country. 60 Total views 4 Total shares Binance has reportedly continued operations in China, despite the country’s ban on cryptocurrencies, even conducting billions of dollars worth of transactions monthly, according…

Binance to lose its British pound on- and off-ramp provider in 9 weeks
Binance has also had problems with its banking partner for United States dollar transfers over the last few months. 522 Total views 10 Total shares Own this piece of history Collect this article as an NFTBinance is scrambling to find a new service partner to process British pound transfers on its trading platform after its…

Crypto founders share debanking stories during ‘Operation Chokepoint 2.0’
Frax Finance was allegedly among the crypto companies targeted by the debanking effort, according to the platform’s founder.

Institutional adoption underscores urgency of clear crypto rules, says Hester Pierce
Regulatory clarity in the crypto industry is needed now more than ever, per one official. 3318 Total views 22 Total shares As institutions move into the cryptocurrency space, the need for clear rules regarding digital assets is critical, an official at the Securities and Exchange Commission said.SEC commissioner Hester Peirce believes that clear cryptocurrency rules…

Argo Blockchain’s Texas mining facility could cost up to $2B
CEO Peter Wall has cited Texas’ cheap renewable energy as well as its openness to innovation in new technologies as part of the reason for the construction of the data center. 27 Total views 2 Total shares U.K.-based crypto mining company Argo Blockchain’s plans to build an 800-megawatt data center in West Texas could cost…

‘Bullish’ — Struggling Miners Done Selling Their Bitcoin, Says Analyst
Bitcoin’s Miner Outflow Multiple shows that buoyant miners are keeping their coins and weaker players have none left to sell, argues Tuur Demeester. 1634 Total views 28 Total shares Bitcoin (BTC) miners are setting up a bullish trend despite large sell-offs around the halving, a new data metric suggests. According to Glassnode’s Miner Outflow Multiple (MOM),…

Bitcoin Hovers Around $10,130 as Altcoins Suffer Minor Losses
On Aug. 24, most of the top 20 cryptocurrencies are suffering moderate losses on the day while Bitcoin (BTC) hovers around the $10,130 mark.Market visualization courtesy of Coin360Bitcoin price is currently down by 0.6% on the day, trading at around $10,130 at press time, according to Coin360.Bitcoin 7-day price chart. Source: Coin360Ether (ETH) is holding onto…