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Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High
29.7.2020
Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest –...
Bitstamp Backs BCB’s SWIFT Alternative for Instant Cash-Crypto Settlements
27.7.2020
BCB Group is launching an instant settlement network for cash and crypto
Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop
18.7.2020
The total supply of stablecoins in existence has doubled to 12 billion, following an increased demand sparked off by the March 12 (Black Thursday) 50% crypto price crash. The findings from the latest research study by Coin Metrics, which is sponsored by Bitstamp, show that it took a period between...
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises
16.7.2020
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number of speculators blame the recent Twitter hack. The price of bitcoin (BTC)...
This Exchange Crashed Bitcoin Price to $9K: Here’s Why That’s Bullish
11.7.2020
The drop in the price of Bitcoin on July 10 to $9,100 was led by Bitstamp, data finds, coinciding with selling by BTC miners
Bitcoin Prize For Winners Of South Africa Mountain Bike Race
11.7.2020
About 150 mountain bikers will compete at this year’s edition of the Munga MTB race in South Africa. The race will commence in the first week of December. The top three finishers in each category will share the 1.5 bitcoin in prize money. The Bitstamp sponsored race was launched in 2015....
PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources
22.6.2020
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter
Just-Launched Ziglu Wants to Make It Stupid Easy to Buy Crypto
15.6.2020
U.K.-based cryptocurrency platform Ziglu has launched, following a $6.6 million seed round
Bitstamp
5.6.2020
Founded in 2011, Bitstamp is a Europe-based cryptocurrency exchange that offers crypto-to-fiat and crypto-to-crypto exchange services. It supports euros, U.S. dollars, bitcoin, ether, litecoin, bitcoin cash, and XRP. It is one of the oldest exchanges in the crypto industry. Bitstamp claims to take...
Market Wrap: Bitcoin Rebounds to $9,500 After Scary Sell-off
20.5.2020
Downward bitcoin prices could impact stakeholders more than ever before, including derivatives traders and miners
Price Drops 7% in an Hour After Bitcoin Sees a Ghost
20.5.2020
Bitcoin tumbled 6% in the span of an hour on Wednesday, bringing a quick end to a four-day rally
More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving
14.5.2020
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn...
Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears
8.5.2020
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8%...
Investor Sues Bitstamp and Gatehub Over Millions in Missing Coins
19.4.2020
The plaintiff claims to have purchased ‘Bitcoin IOUs’ in place of BTC as a result of misleading information on Gatehub’s website
Bitcoin Tests $7K as Spot Trading Volumes Subside to Normal Levels
14.4.2020
After weeks of elevated activity, trading volumes on spot bitcoin exchanges have subsided, boding well for some traders if not the venues themselves
Both Crypto Derivatives and Spot Markets Post Record Volume in March
5.4.2020
The March 13 crypto market meltdown drove record monthly trade in both the crypto spot and derivative markets
Amid Widespread Privacy Coin Delistings, Bitstamp Considers Zcash Support
3.4.2020
Bitstamp is considering supporting seven new crypto assets including two stablecoins and one privacy coin
USD 9bn Bitstamp and Korbit Owner NXC to Launch New Crypto Exchange
31.3.2020
NXC, the South Korean operator of the Bitstamp and Korbit cryptocurrency exchanges, has launched a new crypto subsidiary, with plans to open a third trading platform.
NXC is the holding company of gaming giant and business group Nexon, and officially unveiled its new Arques subsidiary on March...
Singapore Allows Crypto Companies to Operate Without a License for 6 Months
28.3.2020
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno...
One in Four Trading Firms Have Adopted Crypto in Some Way
26.3.2020
The survey found that nearly half of the trading firms that don’t support crypto assets are planning to reconsider their position within 6 months