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Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts


The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims...

Bitcoin Jumps 10% Again, Outperforms Major Altcoins


Source: iStock/hocus-focus The most popular cryptocurrency, bitcoin (BTC), for the second time this week rallied c. 10% in around 7 hours, leaving all major altcoins behind. At pixel time (18:33 UTC), bitcoin trades at c. USD 7,572 after touching almost USD 6,900 earlier today. The price is up...

European Crypto Exchange Bitbay Ends Monero Trading due to Anonymity Features


Authorities around the world are trying to stamp out online anonymity in various ways, sacrificing users’ privacy for alleged security. One of these ways is forcing digital asset exchanges to drop support for some cryptos, as European venue Bitbay is now the latest to do with monero. Also...

It's Best Time Ever to be a Black Friday Bitcoin Shopper


Turns out, there are all sorts of things one can pay for with their crypto, with options increasing each holiday season. Admittedly, we’re still far from being able to buy absolutely all we need/want, but we’re definitely closer than ever. Thursday, November 28 is Thanksgiving in the United States...

Bitcoin Rises Drastically within No Time; Hits the Overbought Region


Bitcoin trades above $7,000 after having hit bottom around $6,900, just at the time of writing BTC price gains support as it takes a steep climb above $7,100 The Green long candle has hit the right direction only if it would stay Bitcoin price trend looks like a half hourglass, from trading around...

Russian Tax Authority Registers Crypto as Part of a Company’s Capital


A company has blazed a trail in Russia, successfully convincing the country’s tax agency to accept that its equity capital now includes cryptocurrency. The change in the ownership distribution has been registered after the firm filed a set of notarized documents confirming a new investment...

Bitcoin and Altcoins Move Below Major Breakout Levels


Yesterday, there was a recovery wave in bitcoin price above the USD 7,000 resistance area. BTC/USD climbed above USD 7,200, but it struggled to break an important resistance near USD 7,350. At pixel time (09:43 UTC) it already trades below USD 7,000. Similarly, there was an upside correction...

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