Major Cryptocurrencies Are Rallying This Morning As the Jump in Bitcoin’s Price Following the Maintenance Shutdown of BitMEX Sparks Further Concerns About Price Manipulation in Bitcoin Markets
According to cryptocurrency exchange Bitfinex, short orders are nearing all-time highs. At the moment, there are 39,542 short orders outstanding on Bitfinex, the second highest level since April 12, 2018.
Bitcoin jumped 4% overnight after Hong Kong-based cryptocurrency futures exchange BitMEX shut down trading for a few hours for a regular maintenance update. In aggregate, the total market capitalization of call cryptocurrencies jumped USD$12bn in over a hour. Bitcoin commentators attribute the jump in Bitcoin to the fact that BitMEX permits traders to short Bitcoin on margin. Some other Bitcoin observers, like Alex Kruger, believe the price behavior of Bitcoin affirms concerns about price manipulation and should lead the SEC to reject the ProShares Bitcoin ETF proposal this week. Unlike the other Bitcoin ETF proposals, the ProShares Bitcoin ETF propose to own CME and CBOE Bitcoin futures.
Bitmain, the Chinese Bitcoin mining company, announced that it has invested an undisclosed amount in Lambda, a blockchain data storage startup. Bitmain hopes to help Lambda further develop its technology to launch “secure” blockchain-based infrastructure and decentralized applications. The startup, based in Singapore, recently cloised a token private sale round that included investments from FunCity Capital, BlockVC, BlueHill, Zhen Fund, and other well-known institutions.
Coinbase releases 5 core principles to help guide its release of a suite of institutional crypto products: "fair and orderly" markets, enforcing transparent market rules, offering "fair access to all market participants," disclosing listing practices and market rules publicly, and safeguarding clients "with institutional-grade infrastructure and processes."
An analysis by Cointelegraph and Chinese law firm L&Y Law Office finds irregularities in the Bitmain pre-IPO investor deck. Specifically, the wording of the document suggests DST Global has already invested in the Bitocin mining equipment company though no investment has been confirmed.
Diar Ltd, a research firm using data from CoinAPI, finds that cyrptocurrency trading volumes are shifting away from US exchanges to foreign exchanges (primarily Asian). According Diar’s analysis, Coinbase and Bitstamp have seen their total volumes drop 83% and 73% YTD.
A research firm from Slovakia has reported another scam application on the Ethereum network. Next Web reports that Lukas Stefanko, a malware researcher, found a fraudulent Ethereum app in the Androd Google Play Stores that had an offer price of USD$388.
Hyper Deflationary Monetary System (HDMS) cryptocurrencies are a new class digital money that is meant to provide mechanisms to support the increase in real buying power. In comparison to other cryptocurrencies, HDMSs have an objective to create upward price pressure on their valuations in comparison to other digital currencies. Some examples include BNB, OPTI, and BAY.
The South China Morning reports that Kripto University Center has opened the largest cryptocurrency mining site in Russia in a former Soviet fertilizer-producing lab.
The National Research Council of Canada (NRC) announced the release of a blockchain explorer on the Ethereum network. The Industrial Research Assistance Program (IRAP) is now hosting the explorer on the InterPlanetary File System (IPFS) with help from Bitaccess, a blockchain startup.
The Central Bank of Thailand is exploring the possibility of launching its own digital currency and expects to release phase 1 of the proof of concept by March 2019. The Central Bank-backed digital currency will be on distributed ledger technology developed by R3. In addition to R3 as a technology partner, the Thai Central Bank is also partnering with Bangkok Bank Public, Krung Thai, Siam Commercial Bank, Standard Chartered Bank (Thailand) and HSBC to bring the digital monetary currency to market.
Ripple Labs is rumored to be thinking of combining xVia, xCurrent and xRapid Solutions to solidify its market-leading positions in cross-border FX transactions. The solution will be called Convergence and will offer the benefits of speed and security while also keeping fees low.
The United Arab Emirates is preparing to launch the first Shariah-compliant cryptocurrency exchange. The crypto trading platform, First Islamic Crypto Exchange, will operate globally with the hopes of increasing the involvement of Muslims in the global cryptocurrency market.
The Union of European Football Associations (UEFA) announced it successfully used a blockchain-powered Android App to successfully trial a blockchain ticketing system for last week’s Super Cup match between Real Madrid and Atlético Madrid.
Several blockchain-powered news apps have been suspended by WeChat according Lanjinger, a local financial news outlet. The accounts were purportedly suspended after being suspected of pushing ICO and cryptocurrency “hype” which is in conflict with WeChat’s terms of services. Deepchain, Huobi News, Node Capital-backed Jinse, and CoinDaily are some of the news apps impacted by WeChat’s decisions.
Buying crypto like Bitcoin and Ether is as easy as verifying your identity, adding a payment and clicking "Buy". Sign up for our Wallet today. Create Wallet. Trade Crypto at the Exchange. Integrated with the Blockchain Wallet, our Exchange is a one-stop shop where you can deposit funds and place trades seamlessly in minutes. Get Started . Dive Deeper. Buy Crypto. Bitcoin $ USD. Your Email ... One of the most popular ways to buy bitcoin with cash is to use Bitcoin ATMs. Bitcoin ATMs function in a similar way as bank ATMs with the key difference being that instead of being able to take money out of your bank account, Bitcoin ATMs enable you to receive bitcoin by paying for them with cash.. In this guide, we will take you through the step-by-step process of how you can purchase ... BitAccess is a Canadian Bitcoin broker and ATM operator. You can buy bitcoins with Flexepin at thousands of locations across Canada. You can also buy bitcoins with cash at one of BitAccess's Bitcoin ATMs. BitAccess is funded by the Government of Canada. Pros. ID not required for smaller transactions; Cons. Fees start out at 10%; ID verification required for larger purchases; Ease of Use. Easy ... BitAccess Inc. produces the world’s leading Bitcoin Automatic Teller Machine (BTM). Our machines allow anyone to deposit cash and instantly receive a digital wallet containing the equivalent in the Bitcoin cryptocurrency, or do the reverse and exchange Bitcoin for traditional currency. Currently, BitAccess already has installed Bitcoin ATMs in half a dozen countries, with dozens more ... How To Use A Bitcoin ATM. Various types of Bitcoin ATMs exist, and they are popping up throughout the world. These machines provide a convenient way of buying, selling, and investing in Bitcoin. Due to various regulations, this method of investing in crypto is normally not as private as a peer-to-peer or direct trade. Weitere "Verlierer" des jahres waren: OKB, Bitcoin Gold (BTG), NANO, Aeternity (AE), Ethereum (ETH), IOTA (IOT), VeChain (VET), QTUM und Bitcoin SV (BSV). Erwähnenswert ist, dass der BSV seinen Platz unter den schlechtesten Werten gefunden hat, obwohl er erst vor einem halben Jahr - im November 2018 - an den Börsen erschienen ist. Alle diese unterdurchschnittlichen Coins verloren zwischen 75 ... Bitaccess was established in 2013 and is based in Ottawa, Ontario, Canada. One of the company’s key principles is innovation. It believes that if companies have access to various financial alternatives, they will experience rapid growth. The company therefore makes BTMs, or Bitcoin Automatic Teller Machines. These machines function more or less like other ATMs, only that they deal with Bitcoin address was generated by a bitcoin ATM which you cannot control, so in case the machine was compromised – potentially there is a vector of attack to access your funds. So sweep bitcoins from receipt as soon as you get your own wallet, or you have address where to send them, e.g. to pay for something. Individuals, businesses, developers: learn from our simple Bitcoin guides. How Bitcoin works, what is Bitcoin, what is blockchain, how to buy Bitcoin, what is Bitcoin mining and more. Some Bitcoin Exchange sites will do the work for you by automatically pulling in the exchange rate from different exchanges and then averaging them for you, however I would suggest you take the time to get to know several different exchanges, as you might find one offering to buy bitcoins at a much higher value than a similar exchange site. Usually, you will find a favorite exchange site with ...
How To Buy, Sell and Deposit Bitcoin to Binance ( Binance Tutorial)
🌃 Sit down one-on-one with me in today’s how to move bitcoin on mobile easy peasy breezy tutorial. Guys as you know Bitcoin is now on a bullrun, reaching 15k... Binance saw its biggest Bitcoin ( BTC ) outflow in history on Nov. 3, according to data from CryptoQuant. A total of 58,861 BTC were withdrawn on a single da... Buy Bitcoin on: https://coincompass.com/binance https://coincompass.com/coinbase Should I buy bitcoin on Coinbase or Binance? A comprehensive, pragmatic & be... Binance buy bitcoin or cryptocurrency with credit card page. The only catch here is that you can buy only bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash ABC (BCHABC ... Bitcoin Trading Guide If You're Trading Indian Market Binance ***** More Info ***** Website Link: https://nextlevelbot.com/ Binance... how to open Binance exchange to buy bitcoin #cryptotradingexchange #binance # howtoopen Binance link: https://www.binancezh.pro/en/register?ref=XW91KRSO buyi... Hey world! I am here today to show you Binance.com and talk a bit about Bitcoin. I am new to this world of crypto but I am eager to learn and share my journey with you. Not only did I sign up for ... Bitcoin ( BTC ) resurgence is continuing to sap capital from the altcoin markets as other cryptocurrencies are struggling to catch up to BTC. The DeFi Compos...