Tag: bitsellx

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Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores

Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange Whitebit, has recently implemented crypto payments in the country’s largest tech stores. Crypto Platform Whitepay Launches Coin Payments in Major Tech Stores in Ukraine Whitepay,…
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Biggest Movers: DOGE Extends Recent Declines, Falling by Nearly 15% on Friday

Dogecoin fell for a third consecutive session on Friday, with the token dropping by almost 15% in today’s session. As of writing, the global cryptocurrency market cap is roughly 8% lower, with the majority of the top 100 in the red. Filecoin was another notable mover, falling by nearly 20%. Dogecoin (DOGE) Dogecoin (DOGE) was…
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End-of-Week Ethereum: Developers Firm Up Merge Date, Hedge Fund Investor Says Merge is ‘Not Priced In’, Aave Proposes Strongly Signaling Support for PoS

Ethereum (ETH) developers firmed up September 15 as the date when the highly anticipated Merge is estimated to happen, while Aave (AAVE) seeks to “strongly signal” its support for the PoS chain instead of PoW. Meanwhile, a crypto hedge fund manager says the Merge is not yet priced in by the market…. Read More: End-of-Week…
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Bitcoin and Ethereum Take Hit, Altcoins Tumble

Bitcoin price started a major decline below the USD 23,000 level. BTC traded below the USD 22,500 and USD 22,000 support levels. It is currently (11:20 UTC) down over 7% and trading well below USD 22,000. Similarly, most major altcoins are down heavily. ETH traded below the USD 1,750 support level. XRP failed to stay…
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South Korean Kok Play Token Masterminds Reportedly Face Prosecution Probe, Investors ‘Must Escape Now’

South Korean prosecutors are reportedly set to investigate the company behind an Ethereum (ETH)-based altcoin named Kok Play over allegations of fraud. The coin is, per its white paper, the brainchild of the Kok Foundation, and has been listed on a number of large international crypto exchanges. Its value grew by a whopping 2,205% in…
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Weak address growth points to Bitcoin price failing to sustain $25K

Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance. Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows. As the dust settles on a 6% comedown for BTC/USD, analysis argues that its trip…
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Crypto market bloodbath leads to over $500M in liquidations in 24 hours

Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday. The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a prolonged bullish surge over the past…
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Can exchanges create imaginary Bitcoin to dump price? Crypto platform exec answers

Serhii Zhdanov called for broader regulation in offshore crypto exchanges that do not go through financial audits. One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executive from a crypto exchange made a bold claim that some exchanges…
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Bitcoin ‘very bearish’ below $22.5K says trader as BTC price dives 6%

Sudden bearish sentiment takes hold as BTC price action returns to an area not seen since late July. Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView New lows “just a matter of time” Data from Cointelegraph…
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Hodlnaut cuts 80% of staff, applies for Singapore judicial management

Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management. Cryptocurrency lending firm Hodlnaut has cut most of its workforce and has applied to be placed under judicial management due to bleak financial circumstances. Hodlnaut, which offers interest-bearing cryptocurrency investment options in vetted institutions, confirmed the dire state of affairs on Friday.…
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