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Tag Archives: AA News

Chainlink For $0.01? LINK Flash-Crashed By 99% On Binance Exchange

Until a few hours ago, Chainlink, the decentralized-oracle, had a market cap of over $1 billion as the 11th biggest cryptocurrency by market cap. Today the LINK token is among the worst-performing digital assets, following a massive price slump. Its situation got even worse on Binance, where it flash-crashed to a low of $0.01 (!) before quickly recovering.Chainlink (LINK) For $0.01The cryptocurrency market is going through one of its worst trading days in history. Most coins are noting...

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HODLers Give Up? Bitcoin Wallet From 2010 Just Moved 1,000 BTC Worth $7.8 Million

As Bitcoin and the rest of the cryptocurrency market continues to struggle with the bears, a whale was seen moving his stash of BTC from multiple addresses after ten years of hodling. Has he hit his target and finally decided to let go? 1000 BTC Moved After 10 YearsAccording to on-chain data on Blockchain.com, 1000 Bitcoins were moved from 20 different addresses to a new address during the late hours of Tuesday night. The addresses were created in August, September, and October of 2010, with...

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Coronavirus Infected Crypto: Bitcoin Tumbles Below $6,000 To Its Lowest Price Since May 2019

Bitcoin dipped to a low of $5,600 on BitMEX for a matter of minutes, while most cryptocurrencies note double-digit losses. The whole market is plummeting, as it recorded a loss of over $50 billion in only a few hours.Bitcoin Goes Below $6,000It’s safe to say that the largest cryptocurrency has seen better days. Bitcoin’s price just noted a severe plunge. Earlier today, BTC was knocking on the door of $8,000, but in a few violent red candles, it tumbled to $5,600 on the popular margin trading...

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You Can Now Trade On Binance Futures With Bitcoin (BTC) As Cross Collateral

Binance Futures has added Bitcoin as an option to be used as cross collateral. Traders are now able to leverage their BTC held on the Exchange wallet to borrow Tether (USDT) on the Futures platform.Binance Futures Cross Collateral Options Grow With BitcoinThe Futures platform of the leading cryptocurrency exchange by trading volume, Binance, announced earlier today on adding a cross collateral function for Bitcoin, in addition to Tether (USDT). By this move, the Binance Futures platform...

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Trump Halts Flights From Europe: Stock Market Futures and Bitcoin Tumble

President Donald Trump announced a ban on all travel from Europe Wednesday. The ban will go into effect on Friday at midnight and remain in effect for 30 days. The president did announce an exemption for travel from the United Kingdom.Announcing a rare Oval Office address from Mr. Trump, he said:“After consulting with our top government health officials I have decided to take several strong but necessary actions to protect the health of all Americans. To stop new cases from entering our...

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Peter Schiff Explains Why The Coronavirus Recession Will Be Worse Than The 2008 Financial Crisis

Euro Pacific Capital CEO and chief global strategist Peter Schiff warned the coronavirus recession would be worse than the 2008 financial crisis. Furthermore, in a terrifying tweet Wednesday, the US dollar bear and gold bull diagnosed the underlying problem in both crises.He argued the coronavirus pandemic and the crashing housing market were the pins that popped debt bubbles. But this time, the debt bubble is much bigger than last time. So the crisis is likely to get much worse.“The 2008...

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Coronavirus Effect Expands: UK’s Emergency Rate Cut, Wall Street Tumbles As Bitcoin Steady Above $7800

The constant expansion of the coronavirus continues to harm the global economic markets. Monday’s severe stock sell-off pushed the UK to cut the interest rates, a week after the US did the same.As a result, Europe stocks are in the green as of writing these lines. Wall Street’s major indexes opened Wednesday’s trading in the deep red zone – S&P 500 and NASDAQ are down 3% at the moment. At the same time, Bitcoin’s price is steady around $7800.Coronavirus Spreads: Global Markets ReactThe...

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First Crypto Victim: Diagnosed With Coronavirus After Attending Two Recent Ethereum Community Conferences

A blockchain project executive was recently diagnosed with the coronavirus. He recently attended two major blockchain conferences and encouraged people who had close contact with him to get tested, as well.Diagnosed With COVID-19 After Attending Ethereum ConferencesZhen Yu Yong (Zen) is the Co-founder of TorusLabs – a decentralized login service company. Earlier today, he noted that after falling ill, he was later diagnosed with COVID-2019 (coronavirus.)Yong recently attended two major...

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Australian Crypto Tader? Be Aware: Tax Regulator To Issue Audit Warnings To Local Cryptocurrency Traders

The Australian Taxation Office (ATO) is currently working on contacting hundreds of thousands of cryptocurrency investors in the country, reminding them about their tax obligations for trading digital currencies like Bitcoin over the last few years, Australia’s leading media reported Wednesday. Cryptocurrencies Are Digital PropertiesAccording to news.com.au, the tax regulator is in the process of contacting as many as 350,000 crypto traders over the next two months, either via email or post...

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YouTube Crypto Purge Continues? The Video Giant Deleted The Moon’s Daily Stream and Issued New Warnings

YouTube seems to be resuming the Crypto Purge with new warnings and content removals. Carl Eric Martin is the man behind The Moon, which is one of the most popular Bitcoin and crypto YouTube channels, with an enormous number of 110,000 subscribers.The Moon’s daily video stream, this time about Bitcoin’s role in the recent coronavirus financial crisis, was not ‘liked’ by YouTube as the video giant decided to delete it.YouTube claimed that it’s because of a “violation of our Community...

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