Tag Archives: Exchange News

Recently, it was reported that the bitcoin price briefly rose above $10K, only to lose about $600 just a few moments later. It appears this move has had monster-sized effect on BitMEX, a trading exchange based in Seychelles in Africa.BitMEX Sees Heavy Buy Liquidations Following the BTC SpikeThis move ultimately caused approximately $133 million of buy liquidations on the trading platform. This is the highest number since October of last year. Buy liquidations occur when those taking part in a...

MV Index Solutions GmbH (MVIS) has joined hands with Crypto Compare – a digital asset data firm – to launch a new index that will offer an hourly, updated bitcoin price in USD.Crypto Compare Launches New BTC-Monitoring ToolTraders and investors in the crypto space should know by now that bitcoin, while popular and significant, is among the most volatile assets around. Just yesterday, the currency rose to $10,100 after trading at $9,500 for a few days – only to come crashing down and lose...

Following yesterday’s sudden, short-term bitcoin spike, Coinbase – one of the largest and most popular crypto exchanges in the United States – experienced an outage that prevented customers from taking advantage of the volatility.Coinbase Experiences Another Outage, and People Aren’t Too HappyThis seems to be a pattern with the trading platform as of late. Every time bitcoin spikes to $10K or experiences solid jumps very quickly, the exchange seems to stop working. The last time this occurred...

Why is JP Morgan changing its ideas regarding bitcoin so much?JP Morgan Is Becoming Kinder to BTCJamie Dimon – the head of the banking organization – has repeatedly referred to bitcoin as a “fraud.” Many customers of crypto exchanges have complained for years that banks and financial institutions like JP Morgan have refused the give them accounts or have denied them access to financial services. Now, as Live Bitcoin News reported recently, the company has brought Coinbase and Gemini – two of...

Swiss securities firm SIX Group is heading a series A investment round in Omniex. The venture says it’s looking to raise a minimum of $14 million.Omniex Gets a Helping Hand from SIX GroupOmniex is a company that seeks to provide cryptocurrency traders with asset pools. Thus far, the enterprise already offers many of its services through some of the largest digital currency trading platforms in the world including Binance, Coinbase Pro and BitMEX. These services are mostly available to...

Two bitcoin-based companies in Canada, Bitbuy and Knox, are working together to offer clients full insurance on all their deposits.Knox and Bitbuy Join Hands Over InsuranceLagging insurance protocols have brought the cryptocurrency space down for years. This could arguably be why so many institutional players and others have been reluctant to get involved in digital currency trading. While these assets are prone to volatility, the space has also been very vulnerable to theft and cyberattacks....

International financial broker Robo Forex has added more crypto trading pairs to its platform. In addition, the company has also worked to improve trading pairs for customers with higher-end accounts.Robo Forex: It’s Now Easier to TradeUp until the time of writing, customers of Robo Forex could only trade and sell digital currencies that were paired with fiat. Some of these pairs included BTC/USD, ETH/USD, and LTC/USD. However, those with pro-standard and ECN accounts will have the ability to...

Bitcoin has had a rough couple of days with its latest dip below $9,000. While that didn’t last long (the asset has since risen back to about $9,100 at press time), other coins – such as OmiseGO – have utilized this period to exhibit bullish activity and rise beyond what anybody thought possible.OmiseGO Is Pumping Like MadOmiseGO (OMG) is a coin that probably nobody’s really heard of before, but that’s all about to change considering Coinbase – the biggest and most popular cryptocurrency...

Crypto exchange BitMEX has suffered an outage this week, and many people are pointing the finger and accusing it of being a “rotten” trading platform.BitMEX Is Having a Tough TimeBased in Seychelles in Africa, the exchange specializes in bitcoin derivatives and has often been labeled a “bitcoin casino” over the years. The crypto trading platform experienced an outage earlier this week that isn’t sitting well with a lot of bitcoin fans, who say that the company is not reliable, and that any...

Here’s something you don’t see every day. A standard financial institution is backing crypto. J.P. Morgan – arguably one of America’s biggest banking firms – has announced its support for cryptocurrency exchanges like Coinbase and Gemini in New York.J.P. Morgan Is A Huge AdvocateThis is a major step forward in the right direction, and sure to make cryptocurrency far more mainstream and legitimate. It also represents a huge change for the CEO of the bank Jamie Dimon, who in the past, has often...