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Crypto Markets See Double-Digit Crash, Bitcoin Dips Below USD 10,000


Source: iStock/hocus-focus After a short term recovery last week, when bitcoin price reached USD 13,000 again, it dropped over the weekend dipping even below the psychologically important level of USD 10,000 for c. 10 minutes on Monday morning (UTC time). Only a few coins from the top 100 are...

PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market


Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a crypto asset exchange and custodian in ADGM. The post...

Hackers Stole $32 Million Worth of Crypto from BITPoint


In yet another incident of massive crypto theft, BITPoint has reportedly been robbed of around $32 million worth of cryptocurrency. The investigators who are investigating this fraud have found that hackers got access to the BITPoint system for around 12 hours and in that period, this whole...

Bitcoin Price Analysis: Bitcoin Loses by Small Margin; Likely to Bounce Back


Bitcoin has shown four huge price swings in 24 hours in the range of 2% and 6%. The next resistance is likely to be around 11,853 USD. Bitcoin has been tracked by many investors after its short stint of huge growth in the last few months. However, with growth, the coin has also experienced steep...

Top 5 Bitcoin Cashback Rewards Apps You Can Use to Earn Bitcoin


Cashback rewards have been made popular by credit card companies seeking to attract new customers for their cards. Fortunately, for cryptocurrency users, there are also bitcoin cashback reward platforms that pay shoppers small rebates in bitcoin when making purchases with supported merchants....

South African Payment Gateway Drops BTC Over Fees and Network Congestion


On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.”...

Binance Adds Margin as Exchange Competition Heats Up


This week, the world’s largest exchange by trading volume, Binance, launched margin trading. In doing so, it made the elite group of exchanges that offer crypto derivatives less exclusive than it once was. Binance, Kucoin, and Bitmax have all rolled out margin products this year, in a bid...

Bitcoin Price Analysis: BTC Price Dips Even Below $11500


BTC price breaks below $11500, finds support above $11300 MACD currently indicates bearish momentum with moderate volatility RSI stands at 30, showing oversold momentum Crypto world may see this week to end on a weak note as its leading coin, Bitcoin seems to have a pale time. Since a couple...

Bitcoin’s Bounce Back Might be the Biggest Bull Signal Ever


Just when we thought that the price correction of Bitcoin is the result of the most influential personality, Donald Trump stating that he is not a big fan of Bitcoin and other cryptocurrencies. But taking this into consideration, it is important to note that Bitcoin and other cryptocurrencies have...

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