Bitwise Bitcoin ETF proposal has been withdrawn. The cryptocurrency asset management firm indicated that it had submitted a note to the U.S. SEC. Bitwise said that the withdrawal request is “consistent with the public interest and protection of investors”. This shows that the firm is studying the situation at this time. The global head of research told:“We did indeed withdraw the application. This is a procedural step, and we intend to refile our application at an appropriate time.”It also...
Read More »Bitstamp And Silvergate Bank To Launch Bitcoin Leverage Trading Platform For Institutions
Popular cryptocurrency exchange Bitstamp and California-based Silvergate Bank have partnered up to launch a new Bitcoin leverage trading product. It would allow institutional investors to trade with leverage collateralized by Bitcoin and held on the exchange.SEN Leverage By Bitstamp And Silvergate BankThe Luxemburg-based cryptocurrency exchange recently announced its involvement with Silvergate Bank’s new product – SEN Leverage. Investors will have the option to obtain USD loans...
Read More »Cryptocurrency Market Suddenly Gets Bullish, Bitcoin Price Rises to $8,800
The cold as winter market suddenly turns hot: major coins getting a significant bump in prices. Specifically, the main Bitcoin forks are hitting the price roofs with Bitcoin Cash, Bitcoin SV and a hefty of other coins gaining a larger price per coin in no time. The SV rise from $150 per coin to $400 per coin may be also connected with Craig Wright‘s promise to obtain the private keys from Satoshi’s 1 million coins. And… publications like this one.Bitcoin Cash has also received a bump-up going...
Read More »Tether and Bitfinex Are Facing a Revamped Version of an Old Lawsuit
A class-action suit against both Tether and cryptocurrency trading platform Bitfinex alleging that these parties manipulated the bitcoin price back in 2017 has been withdrawn.Tether and Bitfinex Are In a RutNote that this doesn’t mean the lawsuit has been dropped or taken out of commission. Rather, it was withdrawn and then resubmitted through a new plaintiff in an entirely different jurisdiction.Both companies have been under fire for some time when in 2018, University of Texas finance...
Read More »Bitfinex Gets Recent Lawsuit Refiled to Another Court
On 8 January, a day after the document is taken from the court, two plaintiffs sent a lawsuit against iFinex Inc., Bitfinex and Tether to another court. This lawsuit travels from Washington to New York, according to the Block.Bitfinex Has Three Weighty Cases against ItselfThe Western District Court in Washington gave the case back to Eric Young and Adam Kurtz, the crypto traders standing behind the third lawsuit against Tether. Despite yesterday’s news, the lawsuit was filed again, this time...
Read More »Two Plaintiffs Drop Lawsuit against Tether and Bitfinex
Eric Young and Adam Kurtz suddenly revoked their lawsuit against the Bitfinex exchange and Tether founders. The two previously claimed market manipulation and fraud.The plaintiffs said they are crypto traders who suspect that Bitfinex and Tether fed the market with fake data about their volumes, operations, and deals. However, on January 7 both filed a document saying they demand voluntary dismissal for their claims:“The Court having considered the Notice of Voluntary Dismissal Without...
Read More »Native Token: How crypto exchanges use their own tokens
Native Tokens: "Haus" Token von Bitcoin-Börsen Crypto platforms are looking to find as many ways as possible to make a profit and have an impact on the cryptocurrency market. One of these methods is native tokens. Market leaders according to the TIE analysis; Forex market leaders eToroX and IQfinex, which have created separatetrading platforms for different crypto assets; Kyber.network, which, while not being exactly a cryptocurrency...
Read More »Native Token: How crypto exchanges use their own tokens
Native Tokens: "Haus" Token von Bitcoin-Börsen Crypto platforms are looking to find as many ways as possible to make a profit and have an impact on the cryptocurrency market. One of these methods is native tokens. Market leaders according to the TIE analysis; Forex market leaders eToroX and IQfinex, which have created separatetrading platforms for different crypto assets; Kyber.network, which, while not being exactly a cryptocurrency...
Read More »Bitcoin Is Back: 4 Bullish Signs in Favor of a Huge Santa Claus Rally
Bitcoin volatility makes a stunning return. The “extreme fear” countertrade is back on the table. Bakkt futures record all-time highs. Bitcoin’s recent rise has sparked new hopes for BTC just in time for the holidays. Here are several signs that may indicate a Santa Claus rally is on its way. Bitcoin has been anything but bullish recently. Since it’s tantalizing reprisal back in June, the pioneer crypto has refused to advance anywhere but south, retracing by as much as 47%. Rather than any...
Read More »Top 7 Referral Programs in Crypto Trade: Where to Go and What to Expect
When some folks claim they’re into cryptocurrencies because of the thrill of the blockchain… well, they’re lying for the most part. Or at the very least not revealing everything. All things aside, it’s about the profits. How can I make money? How can I do it fast? How can I do it legitimately and securely?Whereas media sources nowadays bombard their readers and viewers with a zillion ways to make a quick buck by trading, exchanging, and investing into cryptocurrencies, there exist other, more...
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