Altcoin Bitcoin Cryptocurrency News Ethereum

Bitcoin exchange balances shrink to yearly-low; Ethereum exhibits an opposing trend

Bitcoin halving hype has faded and the coin hasn’t had any violent price swings since the event. Over the past few weeks leading up to the halving, BTC accumulation rose to record levels as hodlers in

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Bitcoin Cryptocurrency News

Bitcoin Exchange Outflows Hit 8-Month High, HODL’ing Soars

Bitcoin adopters seem eager to hold their own coins as withdrawals now outpace deposits on exchanges. This cryptocurrency outflow reflects the growing unease about the state of the global economy, as well as the stability of the crypto space. BITCOIN EXCHANGE BALANCES HAVE BEEN DECLINING FOR WEEKS Analytics firm Glassnode has noted that exchange liquidity Read more…

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Bitcoin Cryptocurrency News

Bitcoin Price Could Reach $200k ‘In a Very Short Time,’ Says Bobby Lee

According to BTCC co-founder Bobby Lee, bitcoin price could reach $200,000 in a very short space of time from now. Bitcoin Will Exceed $20,000 Speaking to Yahoo Finance UK, the founder of China’s first bitcoin exchange platform declared that the bitcoin price could continue to reach greater heights. According to Lee: We are in one Read more…

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Bitcoin Cryptocurrency News Market

Was Thailand’s Top Crypto Exchange Bamboozled by Bureaucracy?

The surprise announcement earlier this week that the top bitcoin exchange in Thailand was closing down sent shock waves through the Asian crypto community. BX was one of the most popular exchanges in the region and speculation is growing as to why the company made the snap decision to suddenly axe a clearly profitable venture. Read more…

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Bitcoin Cryptocurrency News

New Jersey Man In Soup For Selling Bitcoin Worth $2 Million

New Jersey resident William Green faces up to 5 years in prison and a $250,000 fine for selling $2 million worth of Bitcoin online. The Justice Department Lays Down the Hammer On Wednesday the U.S. Department of Justice charged a 46-year-old New Jersey man with running an unlicensed Bitcoin exchange. William Green of Monmouth County Read more…

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Bitcoin Cryptocurrency News

India Bitcoin Ban Recommendation Based on Flawed Arguments

WazirX founder Nischal Shetty believes that the recent IMC (Inter-Ministerial Committee) report put forward by the Indian government calling for a complete bitcoin and crypto ban in India drew its conclusion from inaccurate assumptions. Indian Authorities Don’t Know What Crypto is Tweeting on Tuesday (July 23, 2019), the bitcoin exchange founder described the report by Read more…

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Cryptocurrency News

Robinhood Raises $323 Million, Still Worth Less Than Coinbase

Robinhood has raised a colossal $323 million in its latest funding efforts, making the millennial-focused stock-and-crypto trading app worth approximately $7.6 billion. Despite its mainstream appeal, the “no commission” broker is still worth less than Bitcoin-focused Coinbase, which boasts a valuation of more than $8 billion. Robinhood Touts New Features After $7.6 Billion Valuation The Read more…

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Binance Bitcoin Cryptocurrency News

Binance and Coinbase Traffic Soar Amid 14-Month High Bitcoin Volume

 May saw a surge in traffic to some key cryptocurrency exchanges as Bitcoin trading volumes on Binance and Coinbase hit a 14-month high. Coinbase Bitcoin Trading Volumes Spiked In May 2019 Most likely, U.S. President Donald Trump’s trade wars, Brexit turmoil, and the specter of a looming world recession are propelling excitement in the cryptocurrency Read more…

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Bitcoin Cryptocurrency News Market

Tether Lawyer Shocker: Only 74% Backed by Cash, How Will Bitcoin React?

CCN.com: According to an affidavit filed with the Supreme Court of the State of New York by Stuart Hoegner, the general counsel to Tether and major bitcoin exchange Bitfinex, only 74 percent of Tether’s holdings are backed by cash. Bitcoin Will Pass $7 Trillion Gold Market Cap, Winklevoss Twins Say “As of the date [April Read more…