Tag: bitcoin trader

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BitBay Also Delists Monero, Citing Money Laundering Concerns

Source: iStock/isa_ozdere Poland-headquartered, Central and Eastern Europe-focused cryptocurrency exchange BitBay said it will delist Monero (XMR) early next year. The exchange announced on Monday that, come February 19 2020, it will end its trading support with this privacy-focused digital currency. When that moment comes, XMR buy / sell orders requested before the end of the…
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BitBay Crypto Exchange to Delist Monero Due to Money Laundering Concerns

Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero in 2020 due to money laundering concerns. Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns. The exchange announced the decision on Nov. 25, noting that the delisting will take place on Feb. 19, 2020. The exchange explained its decision “Monero (XMR)…
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ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe

European Central Bank board member Benoit Coeure has warned that global stablecoins remain untested and raise potential risks across multiple policy domains. European Central Bank (ECB) board member Benoit Coeure has warned that global stablecoins remain untested and raise potential risks across multiple policy domains.   Coeure, a member of the ECB’s Executive Board, made…
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MATIC Up 100% in 10 Days — Why Are Binance IEOs Starting to Pump?

Binance IEO tokens such as MATIC and ONE have been flashing bullish signals amid some impressive price gains in recent days. As everybody focuses on the recent price action of Bitcoin (BTC), some other cryptocurrencies are deciding to break out of their long term downtrend. Notably, Initial Exchange Offerings (IEOs) and Binance IEOs, in particular. …
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In XRP, Ripple’s Second MoneyGram Investment Would be 50% Pricier

If Ripple, an American blockchain company focusing on payments technologies, would have used XRP to pay for MoneyGram shares, the second part of the deal would have been 50% more expensive. On Monday, the company said it has made the final USD 20 million investment in MoneyGram, a major money transfer company, equity pursuant to…
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4 Possible Reasons Bitcoin Dropped to $6.5K, According to VanEck Exec

China, tax moves and liquidity squeeze may have served to present a lethal combination, suggests Gabor Gurbacs, as Bitcoin circles $7,000. Bitcoin (BTC) price’s decline has come as a result of geopolitical and financial factors, a senior investment executive has suggested.  In a tweet on Nov. 25, Gabor Gurbacs, digital asset director at investment management…
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PlanB: ‘Rare Opportunity’ Can See Bitcoin Price Hit $10K in December

The father of the popular Stock-to-Flow Bitcoin price model says he would not be “surprised” if markets upended current bearish sentiment in the coming weeks. Bitcoin (BTC) returning to $10,000 next month may feel unlikely, but should not surprise anyone, says the creator of one of its most accurate price models. In a tweet on…
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Former Hollywood Executive Admits to Embezzling $22M to Buy Crypto and Gamble

A former executive of a Hollywood-based digital marketing firm, Dennis Blieden, has admitted to embezzling $22 million from his employer to buy digital currency. A former executive of a Hollywood-based digital marketing firm has admitted to embezzling $22 million from his employer to buy digital currency. The United States Attorney’s Office of the Central District…
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Bitcoin Price: Strong Bounce at $6.5K Enough for a Bullish U-Turn?

Strong Bitcoin support at $6,500 resulted in a 13% gain today, pushing BTC back over $7K as key metrics point to a possible bullish reversal. Bitcoin (BTC) closed the week down at $6,900 having lost around $1,400 or 18.72%. Monday got off to a disastrous start for the bulls, with a selloff in the Asian…
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Crypto Markets Showing Mild Signs of Recovery, BTC Stalls At $7,200

Cryptocurrency markets are showing signs of recovery with mild gains, while Bitcoin is looking to gain traction above the $7,100 price mark. Monday, Nov. 25 — Cryptocurrency markets are showing mild signs of recovery, while Bitcoin (BTC) is fighting to stay above the $7,100 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin started the day…
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