Bitcoin rose 10% in less than 10 minutes, causing $60 million worth of shorts to be liquidated.The sudden liquidation of large contracts fueled a spike to $7,800.Technical analysts remain cautious on the short-term trend of bitcoin.The bitcoin price surged 10% in just 10 minutes on Wednesday, lifting BTC as high as $7,800. The move liquidated $60 million worth of shorts on BitMEX in one of the strongest short squeezes in recent months. The bitcoin price jumped as high as $7,800 today. |...
Read More »Only In Crypto: Bitcoin Just Spiked 8% In 10 Minutes And Retraced
After a few days of decreasing volatility, the price of Bitcoin noted a decent spike with 8% gains, roughly a $620 increase in a matter of minutes.As per the leading derivates exchange by volume, BitMEX, the price of Bitcoin reached a daily high of $7,800, while on Bitstamp it went as high as $7,775. Despite the massive surge, at the moment of this writing, the largest cryptocurrency has retraced to $7,500.The increase comes just hours after CryptoPotato mentioned the possibility of a huge...
Read More »EOS Now Available on eToroX Exchange
3 December 2019: eToroX, the blockchain subsidiary of global investment platform eToro, today announced that the EOS cryptoasset is now available on the eToroX exchange.From today, EOS will be both a base and counter currency for trading pairs on eToroX, and can be traded against other cryptoassets, including multiple fiat stablecoins. The pairs comprise Bitcoin (BTC-EOS), Ethereum (ETH-EOS), Stellar (EOS-XLM), USD (EOS-USDEX), GBP (EOS-GBPX), and Japanese Yen (EOS-JPYX).With the launch of...
Read More »XRP Is about to Become the Worst Performing Coin among Top-10 Cryptocurrencies in 2019
In what is seen as a paradox that has put many pundits on the edge, recent data indicates that XRP that is widely used by Ripple in its solutions is already less than one month away from being the worst-performing cryptocurrency token that is among the top ten in terms of market capitalization. Research indicates that coming up as a close second in this regard is Bitcoin Cash (BCH) which has lost 49% of its value since its all-time-high as against XRP’s 51%. XRP at the time of the 2017...
Read More »Binance Announces $100 Reward in BNB for Purchasing HTC EXODUS 1 – Binance Edition
Last month in November 2019, crypto exchange Binance joined hands with smartphone manufacturer HTC for a special edition “cryptophone”. Dubbed as the HTC EXODUS 1 – Binance Edition, the handset integrates Binance’s proprietary blockchain network, the Binance Chain with HTC’s own native Zion Vault wallet app.As a result, the handset promises to support Binance’s decentralized exchange (DEX), the BNB token, preloaded DApps, etc. In the latest announcement, Binance has said that the...
Read More »Bitcoin Halving 2020 Won’t Have Strong Influence on Bitcoin Price, Says Jason Williams
Taking a contrarian view, Morgan Creek Digital co-founder and prominent personality in the crypto space Jason Williams has described the upcoming Bitcoin halving event as a non-event. He made this known in a tweet early this week. Unpopular Opinion –Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.— Jason A. Williams ? (@JWilliamsFstmed) December 1, 2019While halving refers to the reduction by half of the Bitcoin rewards that are given to miners every four...
Read More »Möbel Schaller: Möbelgeschäft setzt schweizweit auf Bitcoin!
Bei Möbel Schaller können Kunden ab sofort mit Bitcoins bezahlen Das traditionsreiche Fachgeschäft Möbel Schaller akzeptiert als schweizweit erstes Einrichtungshaus per sofort Bitcoin. Möglich macht dies die Firma inacta AG in Zug, mit der von ihr entwickelten App «inapay». 117-jährige Geschichte Das Familienunternehmen Möbel Schaller blickt auf eine 117-jährige Geschichte zurück, bei der die Familie viele Veränderungen miterlebt hat....
Read More »NYSE-Listed Silvergate Is the Year’s Winner in Both Traditional and Crypto Sector
As we are coming to the year’s end we somehow always tend to look in the past to reconcile what was good and what wasn’t. Speaking of the IPOs, we can surely say this year was marked by numerous IPO failures with more than half of stock market debuts now trading below their initial offering.We can just mention hail-raiding companies as are Uber and Lyft who were probably the biggest losers of the year. However, there were also plenty of unicorns that got smashed in 2019 including Peloton (the...
Read More »Report: Number of Cryptocurrency Funds Decreases As Retail Investors Drive The Market
The number of cryptocurrency funds has been decreasing over the last year, as per a recent report. This has caused some to raise the notion that institutional interest in the market is slowing down, while retail interest is the main driver. However, given the industry’s brief history, could this be the case?Cryptocurrency Funds ClosingBloomberg recently reported on somewhat worrying statistics regarding cryptocurrency funds. Per the report, almost 70 such hedge funds have closed this year...
Read More »Geneva’s Bitcoin Enthusiasts
Meetup beer-to-beer mensuel pour discuter de Bitcoin au Central Station (Bar & Vinyl Shop), 2 rue de la Faucille 2 à Genève. Mercredis 4 décembre de 19h00 à 23h00. En savoir plus : meetup.com Article précédentMots « crypto-croisés » – Grille n°5Article suivantStrasbourg – CryptoPinte au Blue Moon...
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