Tag: Bitcoin News

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Coinbase Pro Shuts Down Margin Trading

US-based major crypto exchange Coinbase Pro said it will disable its margin trading product today, reffering to an unspecified guidance from the Commodity Futures Trading Commission (CFTC). "Customers currently using margin trading will not be able to place new margin trades starting 2pm PT on November 25," the company said, adding that this product will…
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Bitcoin Retreats From Highs, Altcoins Correct Lower

Bitcoin price extended its rise above the USD 19,200 level before the bears appeared near the USD 19,450 level. BTC started a downside correction and traded below USD 19,000. The price is currently (05:00 UTC) trading near the USD 18,800 support, below which it could extend its decline. Similarly, there was a downside correction in…
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Hotels in Argentina Are Ready to Consider Adopting Crypto Pay

Argentinian hotels are “preparing to accept crypto payment” as they prepare to re-open after long, COVID-19 pandemic lockdown-enforced closures. According to a report from La Nacion, many hotels in the country have been financially crippled by up to eight months of disrupted trade, with scores on the verge of closure. The entire sector, per industry…
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DOJ ‘Overlooked’ USD 500k in Forked Crypto in Bitcoin Bust

American law enforcers may have made a slip-up that has left thousands of dollars’ worth of forked cryptoassets sitting around in wallets – potentially still within the grasp of at-large darknet criminals. Per a blog post from a blockchain analytics firm and anti-money laundering solutions provider named Coinfirm, the case is linked to the seizure…
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Bitcoin All-Time High: What Is Peak Bitcoin Anyway?

All eyes are on bitcoin (BTC), as investors take bets on whether the flagship cryptocurrency has enough gas in the tank to reach a new all-time high (ATH) in this cycle. Incidentally, that threshold means different things to different people and companies, depending on who you ask. The all-time high ranges from below USD 20,000…
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Alarming Tax Letters, Bitcoin Sponsors, Mining Chaos in Abkhazia + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto tax news Crypto traders in the United States state that they have been sent alarming letters with faulty calculations about crypto-related undeclared tax. Crypto tax software firm CryptoTrader.Tax said that in  Read…
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Bitcoin Breaks USD 19,000, Hits Altcoins

On Tuesday, the most popular cryptocurrency, bitcoin (BTC), surpassed the USD 19,000 level for the first time since December 2017, while altcoins corrected lower. At pixel time (10:09 UTC), BTC trades at USD 19,055 and is up by 2% in a day and 14.5% in a week. The price rallied by 45% in a month…
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XRP Jumps 50%, Ether Eyes More Gains While Bitcoin Consolidates

Bitcoin price remained in a range below the USD 18,800 resistance levels. BTC is holding the USD 18,200 and USD 18,000 support levels, but there are few bearish signs emerging. The price is currently (05:00 UTC) trading below USD 18,500 and it might soon attempt another upside break in the near term. In the past…
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Venezuelan Army Engineers Start Mining Bitcoin

Source: A video screenshot, Instagram/ejb_61brig Venezuelan soldiers are mobilizing. No, this is not the start of World War III – these troops are being put to work mining bitcoin (BTC) in the Nicolás Maduro regime’s latest, and possibly most audacious crypto-themed fundraising effort yet. Per a video posted on Instagram by the 61st Battalion of…
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MicroStrategy Shares Accelerate on New Bitcoin Strategy

MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal – A Bitcoin Channel The shares of MicroStrategy, the American software firm that is known across the Cryptoverse and beyond for using its balance sheet to buy bitcoin (BTC), have accelerated after the company announced their new BTC plans last Monday. The company is now thinking…
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