#1 Source For Bitcoin And Altcoin News
The post Dutch startup Cryptohopper enables crypto traders to buy, sell trading strategies appeared first on CoinReport.
Prosecutors in Taiwan indicted seven bitcoin traders for allegedly operating a sham crypto investment scheme that bilked $ 51 million from more than 1,000 investors. The ringleader was a 47-year-old man whose surname is Lin, Focus Taiwan reported. The alleged scammers were charged with multiple violations of Taiwanese banking and business laws. The group of seven were arrested
The post Taiwan: Bitcoin Traders Ran $ 51 Million Crypto Scam, Prosecutors Say appeared first on CCN
A lot has changed since our last markets update as digital asset prices have been consolidating after the cryptoconomy’s last big drop in value. The entire ecosystem’s market valuation has lost about $ 10 billion over the last week, but stronger global trade volumes have managed to keep values afloat at current prices as traders await the next big wave of movement.
Also Read: Embracing Utility in 2019: Unreliable Crypto Networks Will Lose to Hyperbitcoinization
The creation of Bitcoin was aimed at destroying the centralized character of the currency, however, although the cryptocurrency is decentralized, it is still under the influence of the exchanges on which it is traded. Also there are external problems, such as lack of regulation in most jurisdictions and security issues within exchanges and centralized services. Is there any solutions?
According to multiple sources, BNP SA, known by many as the largest bank in France, reportedly made a loss of $ 80 million in derivative trades connected to the United States. The sources confirmed that Antoine Lours, the Head of U.S index trading at BNP, is yet to return to his position at the bank. Lours
The post France’s Largest Bank BNP Paribas Loses $ 80 Million Due to Trader’s Pre-Vacation Snafu appeared first on CCN
Danish tax authorities will soon be going after cryptocurrency traders in the country and beyond. The plan is to collect data from local bitcoin exchanges in order to verify if citizens who have traded digital assets have paid the right taxes. Information about foreign citizens and entities will be shared with other countries.
Also read: 5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation
On January 13, the crypto market initiated an intense sell-off as the Bitcoin price fell below the $ 3,500 mark. The weakness in the short-term price trend of BTC led the market to demonstrate volatility on the downside. More than $ 5 billion was wiped out of the crypto market and major assets like Ethereum recorded a
The post Following $ 5 Billion Crypto Drop, Traders See Weakness in Bitcoin appeared first on CCN
On January 11, the crypto market experienced an intense sell-off as the Bitcoin price dropped below the $ 3,600 mark and major digital assets recorded drops in the range of 10 to 15 percent. Following a drop in the price of BTC from $ 4,036 to $ 3,503, traders expect the dominant cryptocurrency to fall below key support
The post Is Bitcoin Price Heading to Low $ 3,000? Traders Expect Short-Term Downtrend appeared first on CCN
The source for this article wishes to remain anonymous. He is one of multiple sources this reporter has spoken to recently. All of them are relatively large-scale traders who have used Paxos Standard. They are a group of five traders. They trade in the millions of dollars per week via multiple exchanges including Binance and
The post Paxos Standard Hassling Ethereum Traders Trying to Redeem Stablecoin PAX for Dollars appeared first on CCN
Cryptocurrency trading is a popular pursuit, as the fluctuation of digital assets provides plenty of profit-taking opportunities. The volatility gives expert traders enough room to pull in daily profits by carefully predicting price movements. Digital currency fans follow a slew of sophisticated traders online because they frequently publish technical analysis (TA) or short-term outlooks for the crypto markets.
Also Read: Despite 2018 Bear Market, Top Crypto Markets Have Outperformed FANG Stocks Since 2017
Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT).
According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $ 15.65 million worth of bitcoin (102.7 million kronor) between 2015 and 2017. A handful of these investors traded amounts between $ 1,105 and $ 110,450 (10,000 to 1,000,000 kronor), while the overwhelming majority traded an amount equal to or less than $ 1,105. Very few traded amounts over $ 110,450.
On December 7, the Bitcoin price achieved a new yearly low, as the valuation of the crypto market fell by $ 16 billion within a 24-hour span. Bitcoin Price Struggles to Recover from New Yearly Low Bitcoin (BTC) fell to as low as $ 3,210 on fiat-to-cryptocurrency exchanges like Bitstamp and Coinbase, which led other major cryptocurrencies
The post Traders Cautious as Bitcoin Plunges to a New Yearly Low at $ 3210: Can it Recover? appeared first on CCN
Traders have reportedly incurred losses after OKEx settled bitcoin cash futures contracts with little warning ahead of last week’s hard fork.
CoinDesk
The capitalization of the cryptocurrency market can be charted like any other asset and provides unique insight into the bias of the broader market.
CoinDesk
Over the past three days, the volume of major cryptocurrencies and the rest of the crypto market has increased substantially, from around $ 10 billion to $ 13 billion. Bitcoin, in particular, has seen a large increase in volume from $ 3.1 billion to $ 4.3 billion within a week, by more than 40 percent. Led by the positive
The post Crypto Market Volume Explodes to $ 13 Billion as Traders Grow Optimistic appeared first on CCN
A drop in the bitcoin price’s daily moves has lowered the market’s expectations of reclaiming a five-figure valuation anytime soon. Options Traders Not Bullish on Bitcoin Skew — a crypto analysis blog authored by two London-based derivative traders — claimed that bitcoin has only a 19 percent chance of breaching the $ 10,000-mark by June 2019. The
The post Only 19% Chance Bitcoin Price Breaches $ 10,000 by June 2019: Traders appeared first on CCN
US-based cryptocurrency exchange Bittrex confirmed it was relaunching its Bittrex Malta platform as a new exchange for non-US traders.
In a press release and blog post, executives confirmed its new Bittrex International would host all its non-US users when it launched following a “brief evaluation process.”
US residents will use a segregated Bittrex.com platform, which will not feature some new tokens available to International account holders.
Digital asset prices dropped in value on Monday after the last few weeks of cryptocurrency market consolidation and stability. Around 8:10 a.m. EDT on Oct. 29, the top 10 digital currency markets saw percentage losses of between 2-5%. Since our last markets update two days ago, the entire crypto-economy has lost $ 5.6 billion in value.
Also read: New Qart Wallet Gives Bitcoin Cash QR Codes a Personal Touch
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post Attention EOS Fans, Block.one Recognized Exchange Opens up for Traders in Its First Crowd Sale appeared first on CCN
IDEX, a self-described decentralized cryptocurrency exchange (DEX) that allows traders to trustlessly exchange Ethereum tokens, has announced that it will no longer provide trading services to customers with IP addresses originating from New York. Ethereum DEX to Block New York IP Addresses Beginning tomorrow, Oct. 25 at 6 pm UTC, New York users will be
The post Decentralized[?] Ethereum Exchange IDEX Waves Goodbye to New York Traders appeared first on CCN
