Tag: bitcoin

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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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Bitcoin and Altcoins Target Further Upsides, Dips Supported

Recently, there was a strong recovery wave in bitcoin price above the USD 7,000 resistance area. BTC/USD climbed above the USD 7,200 resistance and recently surged above USD 7,400. The price even spiked above USD 7,600 and it is currently (09:00 UTC) correcting gains. Likewise, there was a strong upward move in major altcoins, including…
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Judge Preserves SEC Motion to Strike Telegram’s Void for Vagueness Defense

In a recent development in the SEC case against Telegram, a judge preserved the regulator’s motion to strike Telegram’s void for vagueness defense. A United States federal judge has preserved the Securities and Exchange Commission’s (SEC) move to strike Telegram’s “void for vagueness/lack of notice” defense. According to a letter dated Nov. 25, the SEC…
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Bitcoin Price Blasts Through Key $7.4K Resistance – Next Target $8.1K

Bitcoin has cleared a key resistance level at around $7,400 opening the door for the next test closer to $8K. Since dropping below the descending channel on Nov. 25, Bitcoin (BTC) has reclaimed $7,000, cleared some hefty resistance at $7,400 and now made its way up to above $7,500 by press time. Crypto market daily…
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Crypto Markets Are Turning Green, Bitcoin Recovers Above $7,500

Cryptocurrency markets are trading in the green, with Bitcoin’s price recovering above the $7,500 price mark. Wednesday, Nov. 27 — Crypto markets continue to improve, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $7,500 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin started the day at $7,190, at…
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