Archive for October 2019
Big Bitcoin Bulls Don’t Want BTC to Dip Below $9000
It’s Halloween today. It’s also the day when anonymous cypherpunk, Satoshi Nakamoto presented the idea of Bitcoin to the world, 11 years ago. The whitepaper released since then has become a model for censorship-resistant finance. Probably, that’s the reason why strong-headed BTC bulls don’t want the digital asset’s price to ‘dip’. Not at least today.…
Read MoreYou Can Now Trade Binance Bitcoin Futures On Android App
Binance futures trading is hitting all-time highs. Now, to further facilitate trading, the leading exchange has updated its mobile application. This update allows users to increase their trading position at up to 125:1 leverage. Futures Trading Hits All-Time Highs On October 18, 2019, despite Bitcoin’s recent price trend, the leading cryptocurrency exchange Binance reported that…
Read MoreA Look at Bitcoin P2P Trading in Politically Tense Countries
Bitcoin (BTC) still keeps up the pace when it comes to P2P markets worldwide. The usage of those markets circumvents exchanges, and allows small-scale exchanges with less formality. Here’s a look at how important it is in countries with significant financial and political concerns. Peer-to-Peer in Distressed Regimes Bitcoin trading through P2P platforms is picking…
Read MoreLAToken Cryptocurrency Exchange Defends Listing Of ‘SpaceX’ IEO
Following our story yesterday about a suspicious looking Initial Exchange Offering on LAToken cryptocurrency exchange, the CEO has been in touch to defend the listing. LAToken CEO Responds We felt that it was either disingenuous or negligent to claim that the management team of the IEO was that of SpaceX, when in actual fact, Elon…
Read MoreBitcoin and Tether Log 60% of Trading Activity
Cryptocurrency trading is skewed to two major hubs – Bitcoin and Tether. While for years BTC was the most traded digital coin, for a few months now USDT has taken the lead in terms of daily volumes. Bitcoin Lags as Second Most Active Coin On Thursday, the total volume for Bitcoin and USDT combined was…
Read MoreCrypto Markets Turn Bearish as Bitcoin Bulls Weaken
All appears quiet on crypto social media channels today as the China fervor abates and Bitcoin starts losing steam. $5 billion has left the space over the past 24 hours as altcoin losses accelerate and the bears reemerge from the digital woods. Bitcoin Hanging by a Thread BTC is clearly struggling to stay above $9,000…
Read MoreIs It Worth The Hype?
CRYPTOTAG, a company that specializes in high-end crypto backup solutions, has just launched its new compact Zeus Starter Kit product for serious crypto hodlers. Here at Bitcoinist, we were lucky enough to get our hands on one, and it does not disappoint. Design As with all CRYPTOTAG products, the first thing you notice when you…
Read MoreElon Musk SpaceX IEO Appears On Suspicious LAToken Exchange
Increasingly questionable cryptocurrency exchange, LAToken, is currently listing an IEO purportedly run by Elon Musk for SpaceX. Although this would be many a tech-fan’s dream, closer inspection reveals that this is completely false. No, Elon Musk Is Not Launching A SpaceX IEO The offending Initial Exchange Offering was highlighted in a tweet by Cointelligence CEO, On…
Read MoreWho Caused the 42% Bitcoin (BTC) Rally?
The Bitcoin rally late last Friday added a dramatic 42% gain to its peak at above $10,000. The days before that saw seemingly disconnected “whale” transactions going to exchanges. Chinese Traders Not the Whole Story But then, the markets were on fire, with the common cause seen as “the Xi Effect”. The recent statement by…
Read MoreJack Dorsey Invests in Crypto ICO Platform CoinList
Twitter CEO Jack Dorsey is expanding his cryptocurrency involvement by backing crypto initial coin offering (ICO) exchange platform, CoinList. Dorsey, who also heads San-Francisco payment service Square, is a noted bitcoin bull who maintains that the top-ranked crypto will eventually become the de facto currency of the internet. Twitter Chief Backs AngelList Spin-Off According to…
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