Bitcoin whale 'FOMO' hits as BTC price coils below $67K liquidity zone
Bitcoin bulls are closing in on ask liquidity, which, if taken, would overcome key resistance and unlock BTC price discovery.
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Altcoin Platform Coinexchange.io Closes for Financial Reasons
Altcoin trading platform Coinexchange.io has announced that it is shutting down due to financial difficulties.In a statement on Oct. 1, the platform noted that the closure was purely a business decision and is not connected to any security breach or other incident.No longer economically viableCoinexchange.io is currently seeing daily traded volumes of roughly $700,000, according to…
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Major Coins Report Mild Losses, Bitcoin Price Hovers Around $10,700
Tuesday, Aug. 20 — following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again, with Bitcoin (BTC) hovering around $10,700.Market visualization. Source: Coin360The leading digital currency BTC is struggling to stay in positive territory, being up by a modest 0.26% on the day to trade…
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US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority. 223 Total views 15 Total shares Wally Adeyemo, Deputy Secretary of the United States Treasury, said his department is looking into new sanctions tools to pursue bad actors in
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ICE Officially Confirms Dec. 9 Launch of Cash-Settled Bitcoin Futures
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 York Stock Exchange — revealed that the contract will be listed on ICE Futures Singapore as of Dec.…
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Crypto contagion deters investors in near term, but fundamentals stay strong
The past six-odd months have been nothing short of a financial soap opera for the cryptocurrency market, with more drama seemingly unfolding every other day. To this point, since the start of May, a growing number of major crypto entities have been tumbling like dominoes, with the trend likely to continue in the near term.The…
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‘Can it get any easier?’ Bitcoin whales dictate when to buy and sell BTC
Whale buying and selling has effectively told traders how to position their bids and asks, data reveals. 408 Total views 5 Total shares Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine.According to on-chain analytics resource Whalemap, Bitcoin whales have…
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Bitcoin OG sees $700K BTC price, $16K Ethereum in this ‘Valhalla’ cycle
Bitcoin at $350,000 and an $8,000 Ether price are "base cases" for Abra's Bill Barhydt.
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‘Twitter will do lots of dumb things’ in the coming months: Elon Musk
Twitter’s new owner Elon Musk has asked his followers to prepare for “lots of dumb things in [the] coming months” on his newly acquired social media platform.The Tesla CEO, now sole director of Twitter has already made a swathe of changes to the platform since taking over the company on Oct. 27, and has now…