PayPal users who use the service for high-frequency crypto trading should be cautious about having their accounts banned. One Redditor reportedly learned this lesson recently with the payment giant placing a 180-day hold on his purse that still has about $462.Apart from the likelihood of users facing account closures for trading crypto on PayPal, the situation also brings to light some deficiencies in the company’s customer service, which may present issues for cryptocurrency owners.PayPal is...
Read More »Analysts Agree: A New All-Time High for Bitcoin Will Soon Arrive
Analysts and industry experts have been jumping back and forth about where they think the future of bitcoin lies. The currency has been booming like it never has before, jumping beyond the $18,500 line and surging to its highest position since late 2017. Some are convinced that the bull run is going to continue well into 2021, and that the asset is likely to hit a new all-time high.Bitcoin Has MaturedMore than anything, the question that’s likely on every analyst’s mind is whether things are...
Read More »Smaller Assets Like Ethereum Are Booming As of Late
It looks like everyone has been so obsessed with bitcoin as of late that people have forgotten about some of the smaller coins that the asset is known to compete with. Currencies such as Ethereum, Litecoin, Ripple’s XRP and Chainlink.Ethereum and Smaller Assets Are Also BoomingTo an extent, we can’t blame individuals for looking away considering how well bitcoin has been doing. The currency has reached its highest point in three years and is presently trading for well over $18,500. At the...
Read More »ETH Price Analysis: Ethereum Struggles At $600, Is Correction Inbound?
ETH/USD – Ethereum Pulls Back From $620 ResistanceKey Support Levels: $580, $560, $550.Key Resistance Levels: $600, $620, $650.Ethereum cooled off from the 33% price hike it witnessed over the past week, which allowed the coin to break $600 and surge as high as $620. There, it ran into resistance at a 1.414 Fib Extension and was unable to penetrate above it.ETH has since dropped slightly to trade near the $600 level. The buyers are attempting to defend $600. However, a pullback looks...
Read More »Bitrue Employs Provably Fair Chainlink Oracles for Daily XRP Raffles
Global cryptocurrency exchange and digital asset management platform Bitrue has moved to strengthen the security of its daily XRP raffles by integrating Chainlink technology.Bitrue Implements Chainlink VRFChainlink’s Verifiable Randomness Function (VRF) was selected specifically by the Bitrue team to add tamper-resistant transparency to its daily random number lottery, where users can win a share of a 240,000 XRP prize pool.Using Chainlink VRF, every random number generated by users on the...
Read More »VanEck Europe Launches A Bitcoin-Backed ETN Listed On Deutsche Börse
Founded in 1955, VanEck is among the world’s largest investment management firms. Its European branch, VanEck Europe, announced today the official release of an ETN, physically-backed by Bitcoin.The statement came from the company’s digital asset director – Gabor Gurbacs. He noted that releasing such a service has been a “top priority for VanEck.”The ETN will be listed on the Frankfurt-based exchange Xetra. Its price performance will reflect the MVIS CryptoCompare Bitcoin VWAP Close index,...
Read More »Coinbase Pro To Disable Margin Trading From December Citing CFTC Guidence
The Coinbase Chief Legal Officer Paul Grewal published a post earlier informing customers that the popular exchange will seize offering margin trading.Clients will not be able to place margin trading orders starting from 2 p.m. PT on November 25th, 2020. At the same time, the platform will cancel all open limit orders.The San Francisco-based exchange will disable the margin trading feature fully at the end of November, “once all existing margin positions have expired.”According to the...
Read More »CNBC’s Brian Kelly Reveals Why Bitcoin Could Head For A Short-term Correction
Although he remains bullish on Bitcoin for the long run, the self-proclaimed Bitcoin Televangelist Brian Kelly pointed out several reasons why BTC could be heading for a price correction.While speaking on CNBC’s Fast Money, Kelly warned investors that Bitcoin could just as easily drop to $12,000 before seeing new highs.FOMO In The Crypto Market?Bitcoin and the entire cryptocurrency market has enjoyed the past few months. BTC almost doubled its value since early October and is currently...
Read More »Tron (TRX) Price Analysis: $0.038 Presents A Crucial Challenge
Tron price surged and cleared the $0.0300 and $0.0320 resistance levels against the US Dollar.TRX price tested the $0.0380 barrier and settled above the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.0335 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0330 and $0.0300.TRON price is trading in a positive zone above $0.0320 against the US Dollar, similar to bitcoin. TRX...
Read More »#1021 Bitcoin Top $160.000, Finanzminister Scholz gegen private Kryptowährungen, Binance Tradingvolumen ATH
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1021. Im heutigen Video geht’s um folgende Themen: Bitcoin Top bei $160.000, Finanzminister Scholz gegen private Kryptowährungen, Binance mit neuem ATH bei Tradingvolumen. 1.) Bitcoin Kurs Muster voriger Bull Runs legen ein Top von 160.000$ mit einer Korrektur auf 25.000$ nahehttps://cryptomonday.de/bitcoin-kurs-muster-voriger-bull-runs-legen-ein-top-von-160-000-mit-einer-korrektur-auf-25-000-nahe/...
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