Tag: Bitcoin Exchange
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New data suggests leverage shakeout – Can Bitcoin hold $60K?
Though the skyrocketed price of Bitcoin for sometime crossed $60,000 but on Nov 16th Bitcoin (BTC) is sliding down, bullish analysts say no problem but 8% loss is very painful for long holder. Bitcoin finally closes large CME gap Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming down 8% from Monday’s local highs above $66,000. Bouncing at…
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Back off HitBTC Scam Exchange
HitBTC is a cryptocurrency exchange that allows trading of over 300 cryptocurrency pairs. The HitBTC exchange was launched in 2013 by so-called Estonian and Israeli specialists and entrepreneurs but realized few russian including George Basiladze. Evidence found that HitBTC was introduced by HiTech company initially launched in Hongkong (not in Chicago as per claim) and…
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Interview: Bitcoin Exchange Binance on China’s ICO Ban, Burning $1.5 Million in Tokens & More
Cryptocurrency exchange Binance, which launched with 0% trading fees in an attempt to heat up competition among exchanges, recently announces its Q1 results and revealed that, as planned in its whitepaper, it burned 986,000 Binance Coins (BNB), worth about $1.5 million. These, the exchange revealed, equaled 20% of its profits. The exchange’s whitepaper details that it will buy back…
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Hong Kong Bitcoin Exchange OKEx to Open SegWit2x Futures Market
Bitcoin exchange OKEx has announced it will join Bitfinex in opening a futures market to enable traders to speculate on the outcome of the SegWit2x hard fork scheduled for November. Notably, the exchange states that it will list the original chain as BTC, regardless of the fork’s outcome. The Hong Kong-based exchange made the announcement…
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BitMEX Exchange Joins SegWit2x Opposition, Confirms Zero Support
Mexican Bitcoin exchange BitMEX has said it will not support SegWit2x “even if the SegWit2x chain has the majority hashrate.” In comments markedly different to this week’s other notice from Xapo on the forthcoming hard fork, BitMEX confirmed it would not deal in rival Bitcoin chains under any circumstances. This, it says, is because SegWit2x “does not include two-way transaction replay protection,…
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China Hints at Licensed Bitcoin Exchanges with ‘Zero Tolerance’ on Cryptocurrency Crime
China’s official press agency issued a statement condemning virtual currency as a tool used by the criminal underworld to evade government prosecution. The agency stated that regulators must take a hardline stance against cryptocurrency usage to prevent crime, although some of the regulations it proposed seemed to hint at potential future licensure for bitcoin exchanges.…
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Germany’s Biggest Bitcoin Marketplace to Integrate Ethereum Trading
Bitcoin.de, the largest German bitcoin marketplace, will soon integrate support for Ethereum traders on its platform. On September 27, the Bitcoin.de development team revealed in an email to its clients that it is set to add Ethereum trading in the upcoming weeks. In an interview with BitcoinBlog.de, a local bitcoin-focused news publication, an employee of…
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Japan’s Regulator to Put Bitcoin Exchanges Under ‘Full Surveillance’
Japan’s financial regulator will closely monitor and scrutinize bitcoin exchanges in the country from October. Japanese bitcoin exchanges will reportedly be under “full surveillance” by the Financial Services Agency (FSA), Japan’s financial regulator and watchdog. According to the Japan Times, the FSA will increase its scrutiny of digital currency exchanges by looking into their internal systems…
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BTC-e’s Vinnik Rejects US Judgment, Offers to Help Putin with Expertise
Assumed BTC-e CEO Alexander Vinnik has publicly stated his innocence and even offered to help Vladimir Putin as a digital technology specialist. Speaking to Russia Today in his first official interview since police arrested him in Greece in July, Vinnik said he did not understand “what right” the US had to judge him as a Russian citizen. When asked…
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Blockchain Will Revolutionize Agriculture and Food Supply Chain
Mr Kimani Mbugua, CEO of Greenspec, a Kenya Agro-Processing company has stated that the blockchain technology has the potential to transform agriculture tremendously. Speaking at the launch of Belfrics Kenya’s Bitcoin Exchange on Saturday at the Villa Rosa Kempinski, in Nairobi, Kenya, he explained that even though there has been little talk of blockchain in agriculture, the…