Markets

According to data published by Datamish, $651 million in BTC was liquidated on BitMEX as the bitcoin price abruptly plunged by more than $1,500 within merely several hours, causing most major crypto assets like Ethereum and EOS to plummet by nearly 20 percent. $651 million long contracts on BitMEX liquidated as the bitcoin price drops $1,500 | Source: DatamishLiquidation on margin trading platforms like BitMEX describes the process in which traders lose their entire positions that are...

Malta-based cryptocurrency exchange Binance has finally opened up it’s long-awaited “store” in America’s part of the crypto-space, by launching trading on its new exchange for U.S. users. Today, on September 24, Binance.US has been officially launched.https://t.co/AZwoBOy3iq Opens Trading For BTC, ETH, XRP, BCH, LTC, BNB and USDThttps://t.co/Sc8MkzYkn4 pic.twitter.com/wlv9SCshlM— Binance.US (@BinanceAmerica) September 24, 2019The company hopes that by doing so, it could enlarge its influence...

News in the crypto market continues to pop as Bakkt’s futures caught the headlines this week. However, launching the platform failed to affect the price as many expected and it seems to have become a “sell the news” event as Bitcoin continues its downward trend.Following the SEC lawsuit against KIK raising capital through an ICO, the company fired 70 employees from its subsidiary Kin and CEO Ted Levingston announced that the company would close its messaging service.An important BITWISE...

Coinbase zählt zu den saubersten Bitcoin-Börsen. Es gibt aber noch andere Exchanges, die ebenfalls in Sachen Geldwäscherei Prävention sowie Sicherheit punkten. Am 19. September erfolgte die Veröffentlichung des fünften Marktüberwachungsberichtes durch das Blockchain Transparency Institut. Diesem zufolge gehören die Bitcoin-Plattformen Kraken und Coinbase zu den saubersten der...

BitcoinThe support around $10,000 did not hold. The price dropped and examined the support levels around $9200. The chart shows a resemblance from when Bitcoin went from $6000 to $3200, but it is unclear whether it will actually repeat the move and if we will see a 50% correction soon. Resistance in this range is at $10100.EthereumAgainst the dollar, the price did not perform well above $ 200 and corrected quite quickly to the $190 range, where short-term support is tested. Please note that...

London-based blockchain startup Everledger recently announced of securing a massive $20 million in Series A funding led by Tencent Holdings Ltd. Other major participants to this funding round included Rakuten, Fidelity, Graphene Ventures, Bloomberg Beta and Vickers Venture Partners.Founded in 2015, Everledger uses the blockchain technology to develop an immutable ledger for asset ownership. In addition, Everledger also looks to tap other emerging technologies like AI and IoT to create robust...

After the close of a successful deal, a third of Jack Ma’s online financial services provider, Ant Financial, is now owned and controlled by Alibaba Group Holding Ltd (BABA). The deal is more than a few years in the making as it was first proposed that both giant companies initiate much stronger collaborative efforts more than five years ago. Both companies were started by Ma.Originally starting as Alipay, Ant Financial was founded back in 2004 and by 2013, it had overtaken PayPal as the...

Global retail giant Amazon (AMZN) had indicated its plans to improve its audio range of devices with a few moves which will see it be at par with the product lines of major competitors. For start, the retail giant plans to introduce earbuds which will be powered by virtual voice assistant Alexa.Codenamed “Puget” the earbuds will have an inbuilt accelerometer for motion detection, pace speed and the approximate amount of calories burned during a run.Separately, Amazon is expected to also to...

Tron price climbed higher above $0.0180 before starting a downside correction against the US Dollar.TRX price is currently trading below $0.0170 and it is trading near a crucial support area.There is a key bullish trend line forming with support near $0.0158 on the 4-hours chart (data feed via Bitfinex).The price could either breakdown below $0.0155 or it might start a fresh increase above $0.0165.TRON price is currently trading near important supports against the US Dollar and bitcoin. TRX...

Innovative and top tier German stock exchange Boerse Stuttgart is the second largest in terms of trading volume and number of deals and has introduced a digital asset exchange called BSDEX, which goes live today. Currently, the platform offers Bitcoin spot trading. The platform will be open to German residents this year and early next year the exchange will be open to the residents of the European Union. Immediately though only a few chosen traders are allowed to trade on the platform. Retail...