Tag: bitcoin trader

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Robinhood Withdraws Bank Charter Application Due to Regulatory Challenges

Stock and cryptocurrency trading platform Robinhood has withdrawn its bank charter application with the U.S. Office of the Comptroller of the Currency. Stock and cryptocurrency trading platform Robinhood has withdrawn its bank charter application with the Office of the Comptroller of the Currency. As CNBC reported on Nov. 27, Robinhood voluntarily decided to withdraw its…
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Bakkt Smashes Another Bitcoin Futures Record, But There is a ‘But’

Source: iStock/Sergey_P Bakkt, the recently launched U.S.-based physically-settled Bitcoin futures trading platform, has set another record, but it came with one ‘but.’ Even though Bitcoin (BTC) dropped in November, the platform announced that two months after the launch of Bakkt Bitcoin Futures, they’ve reached a record high of 4,443 contracts traded on Wednesday, which means…
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Police Hit CEO of ‘Top 3’ South Korean Exchange with Assault Wrap

South Korean cryptocurrency exchanges are enduring a torrid week – with the CEO of what media outlets are calling a “top-three” crypto trading platform facing assault and extortion charges. Per Maeil Kyungjae, police in Gangnam, Seoul, have charged the unnamed exchange’s CEO, who for legal reasons, is being identified by the police by his surname,…
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EOS Block Producer Claims Centralized Misconduct on the Network

EOS Block Producer “EOS New York” has published data purportedly showing that six registered producers on the network are managed by a single entity. EOS Block Producer “EOS New York” has published data purportedly showing that six registered producers on the network are managed by a single entity. In a tweet published on Nov. 28,…
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Bitcoin Trading Bucks Trend at Bakkt as Futures Hit $42.5M Record High

Despite bearish sentiment across Bitcoin markets, Bakkt is seeing more interest than ever, more than doubling its previous best from last week. Bitcoin (BTC) institutional trading platform Bakkt has set another giant new record for its futures contracts, topping 5,600 BTC on the day. As the company confirmed on Twitter, Nov. 27 saw a fresh…
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Another Crypto Card Revealed – This Time, by Binance and TravelbyBit

Source: Binance, TravelbyBit Major cryptocurrency exchange Binance and Australian-based travel booking agency TravelbyBit brought their new cryptocurrency-backed travel rewards card to the Cryptoworld today. “Global travel meets mainstream crypto adoption in this latest venture from Binance and TravelbyBit, the company behind Brisbane Airport’s transformation into the world’s first  Read more »Pay/Trade/Buy Bitcoin with Credit Card

Bitcoin Price Retains $7.5K After Bullish Breakout Upends Bear Market

Having traded as low as $6,500 in recent days, Bitcoin delivered a conspicuous blow to bears, retaining higher levels after climbing $700 in hours. Bitcoin (BTC) stayed around $7,500 on Nov. 27 after a surprise bullish reversal took markets $700 higher the previous day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin clings to surprise gains…
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First Five Victims of Renewed China’s Crackdown on Crypto Announced

Recently, at least five local Chinese crypto exchanges have halted operations or announced they will no longer serve domestic users as the country started a new crackdown on crypto trading. Last week, Chinese exchange operators Bitsoda and Akdex announced termination of service, according to Bloomberg. Also, Biss said this month it’s halted operations while  Read…
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Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’

Bitcoin educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the coin’s price, the stakes are different to what you might think. Bitcoin (BTC) educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the cryptocurrency’s price, the stakes are different to what you might think.…
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Africa ‘Will Define’ the Future of Bitcoin — Twitter CEO Jack Dorsey

The well-known supporter of Bitcoin reveals he will spend up to half of 2020 in Africa, as interest in Bitcoin from the continent continues to reveal itself. Bitcoin (BTC) will see its future “defined” by Africa, one of its best-known proponents has predicted after completing a tour of the continent.  In a tweet on Nov.…
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