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Bitcoin breaks above $12.3K after PayPal confirms Venmo to become BTC wallet
21.10.2020
The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains
Bitcoin Price Hits Two-Month High Above $12,300
21.10.2020
Bitcoin's price clocked two-month highs above $12,370 on Wednesday. The options market expects a continued rally
Breaking: PayPal Goes Bitcoin
21.10.2020
Online payments giant PayPal will allow its customers to buy, sell and hold bitcoin (BTC) and other cryptoassets using the US digital payments company’s online wallets over the coming weeks, Reuters reported, citing President and Chief Executive Dan Schulman.
The company plans to expand to Venmo...
Coin Metrics Adds Five Exchanges to it’s ‘Trusted Spot Volume’ List
21.10.2020
Coin Metrics, one of the world’s premier blockchain/cryptocurrency analytics firms, has updated its list of ‘trusted volume’ exchanges, adding a further five crypto exchanges, all the while adjusting scoring methods for trading platforms.
This time, FTX, Lbank, Liquid, The Rock Trading, and Upbit...
Bitcoin trader shares 7 reasons to be bullish on BTC beyond $12K
21.10.2020
Bitcoin leaving macro assets behind will be the “biggest story in crypto” if it continues, but there’s more to be bullish about, says Cole Garner
OKEx Resuming P2P Fiat Trading for Three Fiat Pairs
21.10.2020
Major crypto exchange OKEx is today resuming peer-to-peer (P2P) fiat trading for three fiat pairs. Crypto withdrawals are still suspended.
The exchange has announced that its P2P platform will resume trading at noon UTC today for the CNY (Chinese yuan), INR (Indian rupee), and VND (Vietnamese...
Hackers Donate Bitcoin From Ransomware Attacks to Charities
21.10.2020
A group of hackers has donated some of the bitcoin it extorted via ransomware attacks to charities, claiming that it wants to “make the world a better place.” However, the law says donations from ill-gotten gains must be rejected but charities have no way of returning donated bitcoin...
BitMEX Hastens User Verification After Securing 50+% of Their Trading Volume
21.10.2020
Source: Adobe/Jom_Ariya
The troubled crypto exchange BitMEX has accelerated its user verification program after securing over 50% of their trading volume in almost two months since the program begun.
"A significant amount of our users representing over 50% of our volume have successfully...
UK-Listed Firm Mode Putting up to 10% of Cash Reserves Into Bitcoin
21.10.2020
Mode said it's the first U.K. listed firm to invest in bitcoin as part of its treasury management strategy
Bitcoin Surges Above USD 12,200, Altcoins Show Positive Signs
21.10.2020
Bitcoin price remained in a positive zone and it settled above the USD 11,800 resistance level. BTC gained bullish momentum and surged above the USD 12,000 resistance. There was also a break above the USD 12,200 level and the price is currently (05:00 UTC) consolidating gains.
Besides, most major...
Bitcoin average transaction value increases 500% since July
21.10.2020
The average Bitcoin transaction is now worth more than $150,000
Futures Traders Aren’t as Bullish This Time Around as Bitcoin Price Revisits $12,000, Data Indicates
21.10.2020
Futures funding stayed flat or turned negative despite bitcoin's rally to $12,000
Hotel Bitcoin ATMs on the Rise With Addition of Swiss Hotel Dolder Grand
21.10.2020
The number of hotels with a bitcoin ATM on-site is growing in Switzerland. The latest announcement came from The Dolder Grand, a luxury hotel and spa in Zurich, which recently installed a crypto ATM supporting four cryptocurrencies. Bitcoin ATMs Gaining Popularity in Hotels The Dolder Grand...
BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls
21.10.2020
The exchange moved deadline for identity verification from Feb. 2021 to Nov. 2020
Bitcoin price rally to $12K is meaningless until bulls flip it to support
21.10.2020
Bitcoin price is near $12K again but this level may cause more harm than good if bulls fail to flip it to support
Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
20.10.2020
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...
Market Wrap: Bitcoin Tests $12K; Ethereum Fees Fall to 3-Month Low
20.10.2020
Bitcoin’s price passed $12,000 while Ethereum fees dipped
‘Steady Increase’ in Bitcoin Investment Coming, Not a ‘Flurry’ - CoinShares
20.10.2020
A year and half and a leap of faith will be required to finally shunt institutional investors into the bitcoin (BTC) market, claims an executive at digital asset management firm CoinShares – adding that “a steady increase building in speed up to a point” over the next 18 months was more likely than...
Study finds CME drives Bitcoin price, but it excludes stablecoin volumes
20.10.2020
Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included?
How Strong Is Bitcoin’s Push Above $12,000?
20.10.2020
Who has the most recent bitcoin move right, the bulls or the bears?