Tag Archives: AA News

The popular cryptocurrency exchange, Poloniex, has recently decided to delist DigiByte. The news broke just hours after the founder of DigiByte publicly criticized the exchange and the cryptocurrency company that allegedly operates it – Tron.Poloniex Delists DigiByteAccording to an official announcement from cryptocurrency exchange Poloniex, DigiByte will be removed from its platform soon. Interestingly enough, the delisting comes “after a careful review,” and DigiByte “is not qualified for...

Early Wednesday morning, 43,564 BTC – worth more than $313 million at current prices – was withdrawn from Bittrex to an unknown wallet. To put that in perspective, it’s almost as much as the daily trading volume of Bitfinex and Coinbase combined.$313 Million Sent only for $1: Try That With FiatWhat is remarkable about this particular transaction – aside from the size – is that the fee to transfer that much Bitcoin was only $1. You can’t even buy a cup of decent coffee for $1 anymore, let...

Bitcoin smart contracting platform RSK has announced details of a Grants Program to encourage decentralized application (dApp) development. A fund of $200,000 will be made available, with developers invited to submit their ideas for consideration.Big Ambitions, Major IncentivesThe first smart contract platform secured by the Bitcoin network, RSK, enables developers to import, create, and deploy EVM based dApps. The RSK team will be hoping the $200k carrot it has proffered will tempt intrepid...

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...

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...

The Australian Border Force (ABF) has recently assisted in the apprehension of a couple for allegedly transporting MDMA. After seizing all drugs, the authorities found over $1.5 million worth of cryptocurrencies, which officials believe is the most substantial amount ever caught of its kind.Drug Transportation and Cryptocurrency InvolvementThe Australian Federal Police and WA Police Force recently worked together on a case in Perth for drug transportation, according to a report. It says that...

Veteran entrepreneur and noted crypto proponent John McAfee has announced that his 2020 presidential campaign has officially begun. Of course, with U.S. authorities looking for him, McAfee would likely be arrested as soon as he set foot on American soil, but since when has he let a few pesky details stop him?McAfee made the announcement Tuesday morning on Twitter, boasting that he is “a perfect candidate to disrupt this system.”The McAfee 2020 U.S. Presidential Campaign has now formally...

While most of the major cryptocurrencies have lost chunks of their value in the last few weeks, Matic Network is doing the exact opposite. MATIC is among the strongest performers, as it has surged with 160% at one point in less than two weeks. It recently got listed on another exchange, and the company continues with its staking initiative.MATIC Price SkyrocketsMATIC is currently trading at around $0.03, which seemed somewhat unlikely only a few weeks ago. On November 22nd, MATIC hit its...

The total number of long positions for Bitcoin has skyrocketed with 40% over the last few weeks. It has reached a 10-month high on the popular cryptocurrency exchange, Bitfinex. This could be indicative of an incoming long squeeze, which might bring Bitcoin’s price even lower.Bitcoin Long Positions SurgingLong positions placed on the popular cryptocurrency exchange, Bitfinex, have experienced a serious increase as of late. Almost 35,000 positions are placed at the time of this writing. For...

According to the popular cryptocurrency monitoring resource, CoinMarketCap, 93% of all Litecoin in circulation changed hands yesterday, December 2nd. As pointed out by one of the prominent analysts in the field, the issue with wash trading is getting out of hand and it’s undoubtedly something to be considered.Wash Trading Volumes On CoinMarketCapMati Greenspan, one of the more prominent and popular cryptocurrency analysts in the field, pointed out yesterday that the issue with displaying wash...