Tag: bitcoin trader

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Spanish Crypto Exchange Bitbase Expands to Latam

Bitbase, a Spanish cryptocurrency exchange and crypto ATM operator, has announced its expansion to Latam with the establishment of a store in Paraguay. The company, which had previously opened a store in Portugal, is now bringing its operations to several locations in Paraguay, having its sights on Venezuela as the next destination for its expansion…
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Bitcoin, Ethereum Technical Analysis: ETH Surges Past $1,200 as Latest Shadow Fork Goes Live

ETH was back in the green, as markets reacted to the release of Shadow Fork 9. Bitcoin was well above $20,000 on Friday, as bulls returned to the crypto market following several days of consolidation. BTC was up by over 5% in today’s session, with ETH not only back into the $1,100 region, but above…
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Biggest Movers: SOL up by Over 10% on Friday, as MATIC Hits 2-Month High

MATIC rose to its highest level in over two months on Friday, as crypto markets were mostly green in today’s session. SOL was one of the tokens in the green, as price climbed for a third straight session heading into the weekend. Solana (SOL) SOL saw its value climb for a third straight session on…
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CEL Jumps While Celsius’ Bankruptcy Protection Filing Reveals a Billion-Dollar Hole in Balance Sheet

More troubling news is coming out regarding Celsius (CEL), as its so-called Chapter 11 bankruptcy protection filing on July 14 has revealed a deficit of close to USD 1.2bn for the crypto lender. According to a new document filed with the U.S. Bankruptcy Court of the Southern District of New York, Celsius holds USD 4.3bn in…
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Bitcoin and Ethereum Gain Momentum, Market Turns Green

Bitcoin price settled above the USD 20,000 pivot level. BTC gained pace for a move above the USD 20,500 resistance zone. It is currently (11:26 UTC) up 5.7% and might rise further above the USD 21,200 resistance. Similarly, most major altcoins are gaining bullish momentum. ETH rallied 13% and cleared the USD 1,200 level. XRP…
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Trezor Has Seen ‘Significantly’ Higher Interest in Self-Custody Amid Ongoing Crypto Turmoil

Major hardware wallet maker Trezor said they have noticed higher interest in their devices following a string of crypto company meltdowns and centralized exchanges suspending withdrawals. According to a company spokesperson, bitcoin (BTC) and crypto holders are “getting nervous about holding their coins with custodians and are exploring self-custody options.”… Read More: Trezor Has Seen ‘Significantly’ Higher Interest…
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Prosecution ‘Investigating Still-Extant South Korean Terraform Subsidiary’, Exchanges Make Self-regulation Proposal

South Korean prosecutors have reportedly uncovered evidence of an obscure Terraform Labs subsidiary that appears to exist only “on paper.” Terraform, the company behind the LUNAC token, the UST stablecoin, and the new LUNA coin, shuttered its South Korean businesses back in April. But per an exclusive TV news report from the South Korean national…
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ECB report likens PoW to fossil fuel cars, PoS to electric vehicles

European Central Bank researchers anticipate a clash between the green transition policies and Bitcoin investors. Amid the soaring inflation, the European Central Bank (ECB) has found time to sum up its concerns about the “significant carbon footprint” of Bitcoin (BTC) and other cryptocurrencies, which require vast amounts of computational power.  ECB published the report titled “Mining the…
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Germany and the US share the top spot in the global crypto rankings: report

The U.S. climb the rankings to join Germany at the summit as progressive regulations and institutional adoption drive cryptocurrency use in both countries. Germany and the United States shared the spoils in the latest quarterly global cryptocurrency rankings released by analytics firm Coincub. The two countries now share the top rankings, with Germany making space for…
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Bitcoin whales still ‘hibernating’ as BTC price nears $21K

Bitcoin price recovers 11% from the week’s lows as one trader targets $21,700 next. Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called “summer relief.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Altcoin rebound eyed as BTC price adds 11% Data from Cointelegraph…
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