Chinese crypto mining giant Bitmain has announced a few changes to its current sales methods that are geared at improving profits for the company but also making things a lot easier for its many customers. Bitmain recently lost some part of its market share as well and has decided to make these moves as a way to rectify its market recession.The announcement was made by Jihan Wu who is now Bitmain’s only chairman and CEO after the unceremonious exit of Micree Zhan recently. Speaking at an...
Read More »Dubai-Based Crypto Exchange BTSE Plans to Raise $50 Million Using Bitcoin Sidechain Liquid
In what seems like a plus for the cryptocurrency community, Dubai-based cryptocurrency exchange BTSE has decided to raise $50 million of its token come March 2020. Sources also further indicated that the exchange plans to issue a total supply of 200 million tokens in the due course of time at $1 each and then to buy them back and burn 100 million. The pitch deck for the offering reads:“Funds raised will be allocated toward user acquisition to increase overall platform revenue, platform...
Read More »Bitcoin Currently Stuck in Bearish Pattern, Breakout Expected
Bitcoin is not only the largest digital asset in the crypto market by market cap, it’s also one of the most profitable as it has been returning consistent profits for its hodlers and investors over the years. The asset’s popularity also ensures that it’s consistently being talked about, with various price predictions and analysis posited by several analysts and strategists. One of such from Bloomberg shows that Bitcoin’s near future isn’t looking very great.Bitcoin at press time is trading...
Read More »MATIC Token Price Tanks 70% in Flash Crash, Company Issues Clarification
It has turned out to be a horrible day for Matic (MATIC) token investors as the token price has crashed over 70% in a single hour. Today, December 10, the MATIC price has hit a low of $0.012 before partially recovering, as per the chart on CoinMarketCap.Popular crypto traders and analysts took it to Twitter talking about this carnage.Crypto. The stuff of dreams and nightmares. $MATIC was up 180% in two weeks before crashing 70% in an hour. pic.twitter.com/zo9LzP80L8— Alex Krüger...
Read More »#768 Bitcoin Kapitulation, Ethereum Istanbul Hardfork live & Test digitaler Staatswährung China
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 768. Heute sprechen wir über folgende Themen: Wie wahrscheinlich ist eine endgültige Bitcoin Kapitulation, Ethereum Istanbul Hardfork live & Test digitaler Staatswährung in China bis Jahresende. 1.) Für Bitcoin geht’s jetzt um alles: Wie wahrscheinlich ist eine endgültige Kapitulation?https://coincierge.de/2019/fuer-bitcoin-gehts-jetzt-um-alles-wie-wahrscheinlich-ist-eine-endgueltige-kapitulation/...
Read More »Binance iOS App Now Allows Enormous Bitcoin and Ethereum Margin Trading
The iPhone users now able to trade Bitcoin and Ethereum futures contracts thanks to Binance‘s robust engine tested on Android.Exchanges Allow Dumping Savings at the Speed of LightningYou don’t even have to use a PC to dump money anymore: convenient Binance iOS app allows you to do it from anywhere. So, mom won’t guess where all the money goes even if she really wants to.Using your precious iPhone, as a Binance customer you are now able to trade BTC/USDT contracts with up to 125x leverage. The...
Read More »Binance’s Payment Gateway Partner Simplex Adds Support for Japanese Yen & Canadian Dollar
Top electronic payments gateway provider Simplex has added the Japanese Yen (JPY) and the Canadian Dollar (CAD) to its platform for fiat conversions. Sources indicate that the top payment gateway for many of the top cryptocurrency exchanges indicated this today. Simplex is a fiat payments partner for many of the top cryptocurrency exchanges which include Binance, Huobi, Poloniex, OKCoin, KuCoin, Xapo, Ledger and Abra.“We’re not handling crypto directly ourselves but rather enable our...
Read More »Bakkt Launches Bitcoin Options and Cash-Settled Futures
As Bakkt has announced in its blog post, Bitcoin monthly options and cash-settled futures are now available.The recent post provides more details on these new offerings.Bakkt Bitcoin (USD) monthly options are based on the benchmark Bakkt Bitcoin (USD) Monthly Futures contract. It is the first CFTC regulated product of this kind. These options will offer new opportunities for trading and earning for traders from all over the world.Bakkt Bitcoin (USD) cash-settled futures are now available, as...
Read More »Ignorant Wealth Manager Says Bitcoin Collapse Is Imminent; Here’s Why He’s Wrong
Another Wall Street executive is calling for the collapse of bitcoin along with other cryptocurrencies. The wealth manager believes that bitcoin will follow the footsteps of Blackberry and Lycos. He fails to understand that bitcoin is the best performing asset of the decade and its function has evolved from simple payment settlement into a global hedge against the traditional banking system. Many so-called Wall Street experts have come forward over the years to criticize bitcoin and other...
Read More »Moonshot Bitcoin Price Trigger Needs Halving and 2020 Global Recession
Bitcoin has succumbed to selling pressure as of late. However, many analysts are predicting that the top cryptocurrency will likely come back to life next year. The possibility of a financial meltdown plus the halving could trigger a strong bitcoin bull market in 2020. It’s quite difficult to see the long-term bullish picture of bitcoin if the top cryptocurrency has been nothing but bearish lately. After a strong first half, the digital asset has shed over 46 percent from its 2019 high of...
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