Tag Archives: BTCEUR

Bitcoin derivatives exchange surprised its users today by asking them to comply with a mandatory ID verification procedure.The 6-month long process will continue until February 12th, 2021. BitMEX will start this ‘User Verification Programme’ on August 28 at 00:00 UTC.BitMEX Asks Users To ‘KYC’In a blog post published today, the prominent bitcoin and cryptocurrency futures trading platform announced a 6-month long mandatory KYC process. According to BitMEX, this will help the exchange...

Bitcoin’s dominance over the market continues to suffer even though BTC has recovered from its dips and trades at $11,750.This is primarily because of numerous impressive alt pumps, including Ethereum, which finally broke above $400 after its significant price surge.Ethereum Over $400, LINK (Another) ATH, Alts RejoiceThe second-largest cryptocurrency by market cap is among the most impressive gainers from the past 24 hours. Ethereum dipped below $380 yesterday, but bulls took control and...

The US Department of Justice (DOJ) has made its largest seizure of cryptocurrency accounts allegedly belonging and operated by some of the most feared terrorist organizations, namely al-Qaeda, ISIS, and Hamas.DOJ Seizes Cryptocurrency Accounts Operated By TerroristsAccording to the press release shared by the Justice Department earlier today, US authorities have seized over 300 accounts containing millions of dollars worth of various cryptocurrencies allegedly belonging to terrorist...

Bitcoin price continues to remain inside the bullish ascending triangle, despite several attempts from bearish traders in the last three days to break through the pattern’s vital up-trending support.On the 4-Hour BTC/USD chart, we can see that bulls have successfully eaten up all 6 of the candles that wicked down beneath the support, but have so far been unable to break back above $11,600.Now, the price action appears to be pushing sideways while both bulls and bears recover.Looking across to...

One of the most popular supporters of Craig Wright has started filming a documentary aiming to prove that Wright is indeed the creator of Bitcoin.At the same time, Wright said in a recent interview that BTC HODLers are not using the asset properly as he envisioned, and he has returned to “make things right.”An Upcoming Movie Regarding Bitcoin’s “Creator”Calvin Ayre, the founder of Ayre Group, has been a long-time supporter of Craig Wright and Bitcoin Satoshi Vision (BitcoinSV). Despite...

Coinbase customers in the US will have the opportunity to receive cash loans against their Bitcoin holdings. If approved, the company’s clients might get their loans in two to three days.The Waiting ListAs per an official recent announcement, Coinbase has set a specially designated waiting list for their customers, who might like to take up on the offer and borrow a given amount of cash. The main idea is that via this new opportunity they will have some more control over their crypto...

Binance has managed to establish itself as one of the most trusted and the leading cryptocurrency exchange in the field.One of the reasons for this is that the company doesn’t stop building new products. From regular listings of new cryptocurrencies to staking, and building new trading features, it appears that there’s always something brewing over at Binance.The latest addition is something that BitMEX is known for – Bitcoin-collateralized futures contract with extremely high...

The correlation between the price of gold, silver, and Bitcoin continues. The three assets are moving in a very similar matter, regardless of the direction. Most recently, all three experienced a decline.According to some analysts, gold’s price could be used as an indicator of Bitcoin’s behavior so long as the correlation remains high.On another note, the similarity in their performance also hints that the cryptocurrency is increasingly seen as a store of value purchase for investors.Bitcoin,...

Venezuela’s Bolivarian Council of Mayors has signed a new tax agreement in 305 municipalities across the country. Called National Tax Harmonization Agreement, it will allow the nation to raise taxes and sanctions using the nation’s cryptocurrency – the Petro.Cryptocurrency Tax Collection In VenezuelaAccording to the recent local report, the mayor of the Libertador Bolivarian Municipality signed the document after a presidential pass on behalf of the Bolivarian Council of Mayors. Venezuelan...

MicroStrategy has become the first NASDAQ-listed company to buy Bitcoin as part of its planned capital allocation strategy.Bitcoin is Better than CashAccording to an official press release on Tuesday (August 11, 2020), MicroStrategy bought 21,454 BTC at $250 million. The company stated that Bitcoin, which is seen as an investment asset, is the firm’s main reserve in its treasury.MicroStrategy’s BTC buy follows an earlier statement made in late July. The company revealed that it was going to...