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Bitcoin and Altcoins Face Increased Selling Pressure


In the past three sessions, bitcoin price saw an increase in selling pressure below USD 13,650. BTC broke the USD 13,500 support and even extended its decline below the USD 13,350 support. The price is currently (05:00 UTC) holding the USD 13,200 support, but it might struggle to climb back above...

Switzerland Approves Gazprombank to Offer Bitcoin Trading and Custody


Zurich-based Gazprombank, a subsidiary of Russia’s third-largest bank, has been approved by Switzerland’s financial regulator to offer a number of cryptocurrency services, including the buying, selling, trading, and custody of bitcoin. Gazprombank Approved to Offer Bitcoin Services...

Kanye West: Bitcoiners Know the True Liberation of America and Humanity


U.S. presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan. He says bitcoiners “really have a perspective on what the true liberation of America and humanity will be.” Kanye West and Bitcoin Kanye West is one of...

WooCommerce Payments, Now with Support for Subscriptions and Saved Cards


A little while back we shared the news that WooCommerce shipped a beta payments feature as part of its 4.0 release. It’s a free plugin with no monthly costs or setup fees. You only pay when you make a sale. We’re actually using this right here at CSS-Tricks. In fact, Chris blogged...

Why Low Spreads Matter When Selling Cryptocurrencies


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Bill Gates once said that he would short Bitcoin. Shorting--also known as selling, is the act of making money on falling asset prices. It is a popular term ported from traditional finance. Before 2018,...

Bitcoin Stuck In Crucial Range While Altcoins Face Selling Pressure


After a clear break above USD 11,000, bitcoin price faced resistance near USD 11,200. BTC started a downside correction and it is currently (08:30 UTC) trading below the USD 11,000 level. It seems like the price is stuck in a range above the USD 10,750 support level. On the other hand, most major...

While DeFi Tokens Are Selling Off, Total Value Locked Jumps


After seeing a near-meteoric price rise this summer, the tokens of many well-known DeFi protocols were hit by a wave of selling pressure today, causing most tokens in the space to drop between 5% and 20% over the past 24 hours. However, the total value locked in DeFi jumped sharply today. As...

DistX is Taking the Crypto World by Storm


After selling out their own token sale in just 57 seconds in late August, DistX have been making headlines and attracting a lot of attention. The reason for the hype? Their unique tokenomics offering some of the most interesting and significant rewards to DISTX token holders. DistX is building...

US Man Pleads Guilty in $722 Million Bitclub Network Ponzi Scheme Case


A Bitclub Network Ponzi scheme promoter has admitted to charges of selling unregistered securities and to subscribing to a false tax return in connection with his role in the $722 million fraud scam. The man, Joseph Frank Abel, pleaded guilty by video conference before U.S. District Judge Claire...

Russian Lawyers Debate Legality of Crypto Firm Selling Drinks for BTC


An event organizer in Moscow recently sold over USD 1,600 worth of drinks in bitcoin (BTC) to attendees – but experts are divided when it comes to answering the question: was it legal? The event was the brainchild of a crypto startup named Chatex, but per RBC, it has courted controversy. A recently...

Grayscale’s Litecoin and Bitcoin Cash Trusts Trade for Tremendous Premiums


This week data from Arcane Research shows there’s been massive demand for Grayscale’s recently launched publicly traded crypto trusts. Following the trusts getting DTC eligibility last monday LTCN (litecoin) shares have been selling for a 753% premium while BCHG (bitcoin cash) shares...

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