Crypto news

BitMEX – one of the world’s largest and most prominent bitcoin and cryptocurrency exchanges – is being sued by one of its early investors over potential fraud and lost equity.BitMEX Is In Trouble All Over AgainThe plaintiff in this case is a former JPMorgan derivatives trader named Frank Amato. He and his company RGB Coin are looking to garner $300 million in restitution from BitMEX and its head executive Arthur Hayes, who also owns a company called HDR Global Trading.Amato claims he was one...

New York has never been a crypto-friendly haven. Thanks to the regulations set forth by the now infamous BitLicense, the Big Apple has garnered a reputation for allegedly being anti-blockchain.The BitLicense Is About to Lighten UpBut now, changes are being made to the region’s regulatory protocols that may make things easier for crypto companies looking to do business in the city that doesn’t sleep. The New York State Department of Financial Services (NYDFS) has suggested adding new...

Analysts say that the presence of whales is about to get a lot stronger considering the bitcoin price is slated to rise heavily in the coming years.We’re Continuing to Feel the Influence of WhalesWhales are a big problem in the crypto space in that they can heavily influence bitcoin’s behavior and increase its volatility. Whales are individuals who carry a lot of crypto in single accounts. Whenever they move this money, they tend to move much of what they own from one wallet to another. This...

Bitcoin was born in myth and continues to dwell there. It’s too early to know if BTC will end up a hero or a villain. Bitcoin has a story to tell, but this isn’t a fantasy novel. Bitcoin’s creation story borders on the mythological. A life-changing technology created by the pseudonymous, anonymous genius Satoshi Nakamoto, who then vanished out of sight. With that in mind, is it any surprise that much of the bitcoin hopium continues to be fuelled by well-meaning fantasy? Here are five...

TL;DRTezos price continued to increase by a further 10% the past week, XTZ trades for $1.72.The cryptocurrency is facing crucial resistance at 0.00025 BTC.Tezos had officially entered the exclusive club of the top 10 cryptocurrencies by market cap.Tezos (XTZ) Key Support & Resistance LevelsXTZ/USDSupport:  $1.64, $1.54, $1.42.Resistance: $1.74, $1.85, $1.99 – $2.XTZ/BTC:Support: 0.0002275 BTC, 0.00021 BTC, 0.00020 BTC.Resistance:  0.00025 BTC, 0.0002624 BTC, 0.0002716 BTC.Tezos rose...

CEO of Binance, Changpeng Zhao (CZ), was the beneficiary of three identically phrased - and mispelled - Twitter posts. Are bad bots at work? Identical spelling mistakes reveal use of fake accounts to boost Twitter profile of Binance, and its CEO, Changpeng Zhao. Three separate accounts used identical phraseology when prasing the Binance cryptocurrency exchange. Twitter has attempted- and failed – to crack down on bot accounts in the past. The founder and CEO of Binance was exposed in an...

According to a recent report, the largest U.S.-based cryptocurrency exchange Coinbase has become the largest validator for Tezos (XTZ). It brings the question of whether or not validation from exchanges is set to become the next trend in the cryptocurrency world.Coinbase Leads In Tezos ValidatingThe attention Tezos (XTZ) is getting lately doesn’t come only from the community, but from major cryptocurrency exchanges, as well.A recent report shows that exchanges are becoming more involved with...

Place/Date: Zurich, Switzerland - December 15th, 2019 at 11:01 am UTC · 5 min read Source: FoPay Photo: FoPayCryptocurrency Wallet service provider, FoPay announced today that it has acquired Cryptocurrency Exchange, AliExchange in a deal worth 1 million FOIN. FOIN’s 30 days average price is approximately USD2,100, making this acquisition valued at about 2.1 Billion USD.AliExchange is a new Cryptocurrency Exchange based in Tallinn, Estonia. It began operations in March this year and was...

It’s been a wild couple of years when it comes to Bitcoin’s price. There’s no denying that. Interestingly enough, though, December seems to be an essential month for Bitcoin. Back in December 2017, the cryptocurrency hit its all-time high of around $20,000. Precisely on this day a year ago, in December 2018, the market had tumbled, and bitcoin reached its lowest yearly point at $3,122.Bitcoin Price At $3,122 On December 15th, 2018It’s safe to say that Bitcoin’s price has had its fair share of...

The Scandinavians are increasing the level of refusal to use cash in their daily transactions. Partnership of the Riksbank with Accenture will allow developing new crypto payment solutions. Such as smartphone app, POS terminals, and other devices and code.Considering the words by Christine Lagarde who shows interest in stablecoins, Sweden is “staying ahead of the curve”. European Central Bank is showing interest in stablecoins development. China will likely to restrict usage of anything...