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5 Chinese Banks Say Legal Crypto Traders’ Accounts Will Not Be Frozen as Police Widen Crackdown
15.6.2020
Following reports that Chinese authorities are freezing bank accounts of cryptocurrency traders, five banks have reportedly clarified their policies. They confirmed that accounts with legal crypto transactions will not be frozen. However, some people claim that their accounts have been frozen...
After New Bearish Weekly Candle, Traders Fear for Scary Pullback to $7,000
15.6.2020
Traders say the price of Bitcoin may drop to the $7,000s after the weekly candle closes below $9,400
Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH
15.6.2020
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication,...
Bitcoin Price to Hit $12K or $8K Next? BTC Traders Discuss Macro Signs
11.6.2020
Traders discuss if the price of Bitcoin is headed to $12,000 or to $8,000 next by looking at key macro indicators
Market Update: Bitcoin Train Inches Toward $10K, Wild Predictions, Trillion Dollar Crypto Economy
10.6.2020
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will surpass $10K once again. However...
Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses
10.6.2020
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from crypto tax platform Coin Tracker. Traders, defined by U.S tax collection agency Internal Revenue Service (IRS) as people who trade...
Chinese Authority Freezes Thousands of Cryptocurrency Traders’ Bank Accounts
9.6.2020
Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and can be unfrozen if the authority finds no evidence...
Chinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto Transactions
8.6.2020
Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets
Top Traders Debate Future of BTC After Bitcoin Price Drops to $8.6K
3.6.2020
The price of Bitcoin abruptly dropped to $8,600 in less than five minutes on June 1, and top crypto traders are split on the direction it will go
Massive Bitcoin Plunge Nothing More Than Traders Being Traders, OKCoin Exec Says
2.6.2020
Bitcoin's recent price dive may have been nothing more than the result of standard trading activities
Market Wrap: Traders ‘Whack the Beehive’ as Bitcoin Surges Then Plunges
2.6.2020
Bitcoin’s jump up and right back down is at least partially due to the crypto derivatives markets
Feel Hard to Trade on BitMEX? Bexplus is an Alternative for Beginners & Pro Traders
30.5.2020
BitMEX, the Hong Kong-based crypto exchange, is the first platform that provided 100x leverage perpetual contracts in the cryptocurrency industry. However, it shut down to U.S. citizens, as well as UK traders early this year. In addition, it often shows constant overloads and cannot be stably...
First Mover: Bitcoin Rally Shows Traders Don’t Care That Goldman Hates Their Asset Class
29.5.2020
Traders can also gloat over how much better bitcoin is performing in 2020 than Goldman Sachs shares
Revolut App Reports 68% Increase in Retail Crypto Traders
28.5.2020
Revolut data shows that U.K.-based retail crypto trade fell by half at the peak of the mid-March crypto crash — but has since recovered
Market Wrap: Bullish Traders Push Bitcoin Over $9,100, Returning to Halving Levels
27.5.2020
Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday
After BTC Visits $8.6K, Crypto Traders Predict Bitcoin Price’s Next Stop
27.5.2020
The price of Bitcoin dropped to $8,600 and is now fluctuating just above $9,000, showing high volatility as several factors make its next step unclear
Challenges That Traders Face While Changing Their Crypto Exchange
27.5.2020
Cryptocurrency trading presents an attractive opportunity for investment. Just like the investors keep on putting their money in the equity markets, we are now witnessing the traction of investors towards cryptocurrency exchanges. Take, for instance, the rising popularity of the-bitcoin-profit.com...
South Korean Crypto Tax ‘Coming Next Year for Traders, Miners & ICOs’
27.5.2020
South Korean ministries have pledged to impose tax on cryptocurrency trading and crypto mining “from next year.”
Per reports from E Daily and Decenter, the Ministry of Economy and Finance is preparing to make an amendment to the existing Income Tax Act that will include clauses about taxing...
Binance Futures Traders Long BTC and Altcoins, Even as Bitcoin Price Falls
26.5.2020
Despite Bitcoin’s bearish price action, top traders on Binance Futures are aggressively longing cryptocurrencies, including Bitcoin and Ethereum
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...