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Tag Archives: AA News

Recent Political And Economic Tension In India And Hong Kong Highlights Bitcoin’s Benefits

Indian banks may start turning down potential customers, because of their religion, as per a recent report. Furthermore, protesters in Hong Kong are boycotting one of the largest banks in the country, HSBC, due to the latest alleged political arrests. Naturally, among economic and financial turmoil of the kind, it’s hard not to bring Bitcoin’s decentralized nature, which solves all of the above issues.Banks To Judge By Religion?According to a recent local report, Indian citizens who want to...

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Cryptocurrency Exchange Poloniex Enables No KYC For Level One Accounts

While the majority of the cryptocurrency exchanges are trying to fit within certain regulatory frameworks to expand their compliance, Poloniex is making a turn in the opposite direction. The exchange has now enabled an option that allows users to register a level one account without any KYC (Know Your Customer) requirements.Poloniex Enables No KYC AccountsOne of the most popular cryptocurrency exchanges, Poloniex, made an official announcement that they are introducing no KYC account...

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Binance Partnership With FTX Exchange: Follows In The Footsteps Of BitMEX In Futures Trading

Binance continued its growth this year by completing a strategic investment in the cryptocurrency derivatives exchange FTX. By working together and delivering mutually beneficial products, the community wonders if both companies can actually be disrupting the dominance established by other exchanges on the futures market.Binance Invests In FTXThe largest cryptocurrency exchange by volume, Binance, announced yesterday its strategic investment in the crypto derivatives exchange FTX. Both...

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Happy Birthday HODL: The Bitcoin Long-Term HODLing Strategy Celebrates 6 Years

The cryptocurrency market has been around for more than 10 years. For this relatively short period of time, it has managed to establish a serious community of people who not only work with but trade with digital assets.Naturally, there has been a lot of speculation about whether or not trading Bitcoin is the right choice, compared to just holding it. This is also where the popular HODL word comes from, as people who prefer to keep their Bitcoin rather than trade it, use it to describe their...

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Turbulent Week For Bitcoin’s Price, Volatile Christmas Coming Up? The Weekly Market Update

December is almost over, and it’s safe to say that it has been action-packed. Over the past week, Bitcoin’s price went on a rollercoaster, dropping to a low of around $6,500 only to correct to approximately $7,200 where it currently trades, leaving many to question whether the bottom was already in. Looking at the bigger picture, however, one year ago, Bitcoin was trading at around $3,122, which means that it has managed to more than double its value.It’s worth noting that while the price was...

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Bitcoin Stabilizes Above $7,000 As Dominance Continues To Rise: Friday Crypto Market Watch

After going through another volatility earlier this week, which pushed its value down to as low as $6450 on major exchanges, Bitcoin has made a quick recovery above $7,000 and is currently trading at $7,200, indicating a 1.12% gains on the daily chart. Meanwhile, Bitcoin’s dominance continues to increase and it stands at 68.3%. This week’s drop didn’t only cause panic among traders but also turned the entire market into a red zone. Bitcoin’s quick recovery, however, has given a sense of hope...

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Ripple Seals $200M Investment To Push XRP’s Utility

You probably misspelled the URL, but we will help you out. We got great stuff here! Our website is a comprehensive guide to digital currency investing & trading. Here are a few suggestions to get started, and get the most from us: New to crypto currency investing? Begin with Bitcoin for Beginners. Experienced? Get the edge with our exclusive investors’ guides. Interested in IEOs, ICOs and other projects? Discover new and upcoming projects along with key metrics using our exclusive...

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Bitcoin Solves This: Hong Kong Police Freezes $9M Of Foundation Working With Protesters

The continuous protests in Hong Kong have taken another turn as of late, as the police have frozen $9 million from a foundation working with the protesters. The money was allegedly being used for money laundering, but the opposition is declining the accusations, and legal authorities are questioning if there is political involvement.Hong Kong Police Freezes $9 MA local report shows that Hong Kong authorities have frozen HK$70 million ($9 M) raised by the Spark Alliance. The money was...

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Bitcoin’s Dominance Surges As Altcoins Struggle To Claim New Grounds

The cryptocurrency market went through a turbulent week, as the price of all major digital assets went on a rollercoaster. One thing, however, is making an impression and it’s the fact that Bitcoin is once again claiming the majority of the market share as its dominance spikes up notably.Bitcoin Dominance At 68.3%BTC dominance is an index that measures the relative share of Bitcoin in the entire market capitalization. At the time of this writing, it stands at 68.3%, which is an increase of...

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PlusToken Dump Continues: $100 Million Worth Of Ethereum (ETH) Transferred Out Of PlusToken’s Wallet

The saga with one of the largest alleged scam projects in the cryptocurrency world continues. PlusToken’s officials were arrested several months ago, but a recent report shows that over $100 million worth of Ethereum was transferred from a company wallet to an unknown one.$100 In ETH Transferred From PlusTokenThe popular cryptocurrency monitoring resource, Whale Alert, recently caught a large transaction of 789,525 ETH worth over $105 million at the time. What’s conspicuous about it is that...

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