Tag: Bitcoin News

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BitMEX Completes Accelerated Verification, Secures ‘Vast Majority’ Of Volume

Major crypto derivatives exchange BitMEX has completed their hastened user verification program, stating that it has secured the "vast majority" of its trading volume. BitMEX gave its users until midnight (UTC time) on November 5 to complete the full verification in order to continue trading on the platform. "The first milestone of the accelerated rollout…
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Bitcoin Above USD 14K While Prediction Markets Wave Goodbye To Trump

Donald Trump. Source: a screenshot, Instagram/realdonaldtrump The most popular cryptocurrency, bitcoin (BTC), jumped above USD 14,000 for the second time in a day, reaching almost three-year highs, while crypto prediction markets increasingly favor the Democratic candidate, Joe Biden, over the still-President Donald Trump in a nail-biting US presidential election. At pixel time (17:26 UTC), BTC…
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Nearly USD 1B In Bitcoin, Possibly From Silk Road, Moved

Nearly USD 1 billion in bitcoin (BTC) believed to be from the infamous Silk Road darknet market moved today, for the first time in five years, claimed blockchain tracker Elliptic. According to their report, BTC 69,369 – currently (8:16 UTC) worth USD 945.4m – has been moved out of the bitcoin address 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx, which had…
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US Presidential Crypto Candidate Brock Pierce Yet to Break Silence

Brock Pierce: Source: Twitter/@brockpierce As President Donald Trump and his leading challenger, the Democrat Joe Biden, continue to claim victory in an exceptionally tight general election, the crypto community is on the lookout for its self-proclaimed champion Brock Pierce. Today We Prove #LoveWins. Join us to spread the message – and change our corner of…
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Bitcoin Bull Cynthia Lummis Wins US Senate Seat

Cynthia Lummis. Source: Twitter/@CynthiaMLummis The United States faces a nervous wait to see who has won the country’s general election with results too close to call in many states – but crypto advocates are already celebrating victory, with a known bitcoin (BTC) proponent winning a seat in the Senate. Cynthia Lummis, the Republican Party candidate…
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‘Arbitrary’ Ruling May ‘Force South Korean Crypto Exchanges to Close’

South Korean crypto-related firms said they are concerned that banks are being given too much power by the country’s financial regulators. In the latest regulatory rulings unveiled this week, regulators stated that banks would be obliged to decide whether or not they want to do business with crypto exchanges using their own anti money-laundering (AML)…
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US Election: Crypto Prediction Markets Flip To Favor Trump Over Biden, Bitcoin Rallies

As the race between the two main opponents in the US presidential elections inches towards the end, crypto prediction markets flipped to favor the still-President Donald Trump over the potential-President Joe Biden. Now, according to these markets, there is a 75% (36% several hours ago) chance that Trump will win this race, compared with 26%…
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US Election Fuels Volatility in Bitcoin and Altcoins

There was a strong upward move in bitcoin price from the USD 13,350 support level. BTC broke the USD 13,650 resistance and it is currently (05:00 UTC) trading above USD 13,800. It seems like the bulls are eyeing a strong upward move, with an increase in volatility due to the US presidential election. Similarly, there…
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Trump & Biden Voters Put Crypto Predictions Markets To The Test Today

Though several prediction markets appeared in the Cryptoverse recently, today they are being tested with their first US presidential elections. On the day of the 2020 presidential elections in the US, the prediction market tables seem to have turned against the still-President Donald Trump, and now favor the potential-President Joe Biden. There have been a…
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Spanish Police: Ex-Catalan Leader Used Bitcoin to Pay for Escape to Belgium

Carles Puigdemont. Source: a video screenshot, Youtube/El Nacional.cat The Spanish police unit investigating the alleged misappropriation of public funds of Catalonia’s former president Carles Puigdemont has reportedly uncovered evidence that the former Catalan leader may have funded his flight to Belgium using bitcoin (BTC). Puigdemont is currently residing in Belgium, where he is fighting for…
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