Archive | exchange

Bitcoin Price Endures a Minor Correction, Drops to $3,950 as China Mining Ban Rumors Circulate

On September 20, bitcoin’s price recorded a minor correction, dropping from $4,010 to $3,950 after showing early signs of recovery this past week. Upon the finalization of the closure of Chinese bitcoin exchanges and trading platforms, bitcoin price recovered quickly from $2,900 to $3,800. As traders continued to buy the dip and institutional investors including […]

Binance Emerges as a Strong Force amidst Chinese Cryptocurrency Trading Ban

The cryptocurrency market has been a bit gloomy in the recent days. The value of almost all cryptocurrencies, especially Bitcoin witnessed a huge slump by the end of last week following the new developments in China. The fiasco started after the government decided to put a stop to the rising number of ICOs, which soon […]

Max Keiser on Bitcoin Price Hitting $6,000 as it Recovers From China Ban

Earlier today, on September 18, prominent financial analyst and RT’s Keiser Report host Max Keiser expressed his optimism in regard to bitcoin’s short-term price trend. After reaffirming his interim target of $10,000, Keiser noted that it is likely for bitcoin price to hit $6,000 by the end of 2017. Recent ban on initial coin offerings […]

Wall Street Analyst Sees Bitcoin Surging to $25k Despite China Exchange Ban

Major Wall Street analyst Thomas Lee, the co-founder Fundstrat Global Advisors, appeared on CNBC’s Fast Money and reaffirmed his short-term price target of $25,000, despite the nationwide ban on bitcoin exchanges issued by the Chinese government and its financial regulators. Tom Lee of @fundstrat says that bitcoin is headed to $25K, here’s why — […]

Democratic Cryptocurrency Exchange launched ICO

The Mandarin Exchange is a new cryptocurrency exchange that proposes to minimise the risks of centralization while acknowledging the benefits of conventional exchanges through the concept of distributed management. Centralized exchanges are failing the market Regulated or otherwise, centralized exchanges suffer from generally poor reputations when it comes to basic service criteria such as customer […]

JPMorgan Clients Purchase Bitcoin in Stock Market Despite CEO’s Warnings

Earlier this week, JPMorgan CEO Jamie Dimon released a controversial statement at a banking industry conference organized by Barclays, condemning bitcoin and threatening to fire portfolio managers within JPMorgan who have been trading bitcoin. Despite the warning, according to sources JPMorgan Securities Ltd. purchased massive amounts of bitcoin through Swedish Bitcoin exchanges when the price […]

What Is the Qryptos Exchange?

Earlier this year, QUOINE launched Qryptos, a new cryptocurrency trading platform. Qryptos is a very peculiar exchange which supports many different cryptocurrencies. The platform specializes in listing new coins with negative trading fees to generate initial liquidity. Negative fees are rather uncommon in the world of cryptocurrency exchanges. Qryptos Provides Liquidity in a Different Way Although Qryptos […]

CobinHood Set to Launch a Zero Fee Crypto Exchange

Blockchain technology is indeed going to revolutionize the internet and world finance as it is. In the last few years, we have witnessed remarkable growth in the adoption of cryptoassets across the world. The industry cap of these assets has grown into hundreds of billions within a few months. Even with all the splendid figures […]

Chinese Bitcoin Exchanges Will Likely Not Be Banned After All

Over the past week, inaccurate news regarding the supposed ban on Chinese bitcoin exchanges from mainstream media outlets in China and the US including Caixin, WSJ and Bloomberg shook the bitcoin market. Almost immediately after the release of Caixin’s report, bitcoin price endured a minor correction, falling to around $4,100. Despite showing signs of recovery, […]

Prominent Hedge Fund Manager: Bitcoin is Here to Stay, Price to Surge in Long-Term

Kyle Bass, the prominent US-based hedge fund manager and the founder and principal of Dallas-based hedge fund Hayman Capital Management, believes bitcoin as a digital asset and currency is here to stay. During the Real Vision podcast with widely recognized author Grant Williams which focuses on the finance sector and discussions around smart investments, Bass […]

Bitcoin Price Struggles to Recover Past $4,300 as Chinese Exchange Ban Talk Continues

Within a period of three days, bitcoin experienced two minor corrections, pulling back the upward momentum and strong rally it had maintained for a few weeks. Last week, the Chinese central bank, the People’s Bank of China (PBoC), temporarily suspended all initial coin offerings (ICOs) and officially declared ICO as an illegal fundraising method. The […]

Beware the New EtherDelta Phishing Sites

Phishing sites have become an all-too-common part of the cryptocurrency ecosystem over the past few years. This is because of how difficult it is to prevent phishing in the first place. A new phishing site is targeting EtherDelta users. Considering how this platform has become pretty popular among cryptocurrency users, such phishing scams could have major consequences over the coming days […]

EXMO Integrates Trendy Cryptos Monero and Tether

EXMO, the cryptocurrency market keeps integrating heavily modern and promising cryptocurrencies to the platform. This time, it is about two requesting at the market cryptocurrencies, namely Monero (XMR) and Tether (USDT). The operations to add and withdraw the means are available in the ‘Wallet’ section. Monero Currently, Monero (XMR) is one of the most hasty-growing […]

Why Bitcoin Price Will Continue to Increase to $10,000 Despite Recent Correction

In late August, prior to the price correction of bitcoin caused by the People’s Bank of China, the country’s central bank’s ban on initial coin offerings (ICOs), many financial analysts including Max Keiser increased their interim price target from $5,000 to $10,000. At the time, the majority of users, traders and investors still remained skeptical […]

Major Bitcoin Hardware Wallet Ledger Begins Monero Integration

Ledger – the leading bitcoin and cryptocurrency hardware wallet manufacturer – has officially begun preparing to support the anonymous cryptocurrency, Monero. The Ledger development team led by CTO Nicolas Bacca revealed its integration plans for Monero in various online communities such as Reddit Monero on September 5. Ledger and Monero Make a Good Pair The codebases […]