The Latin American exchange has raised $62 million in a Series B funding round led by the investment funds Kaszek Ventures and QED Investors. Bitso, the biggest crypto exchange in Latin America, has raised $62 million dollars in a series B funding round. Bitso plans to use the funding to consolidate its expansion in the…
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The latest deadline in the Mt. Gox rehabilitation process may pave the way to unleash $2.6 billion in Bitcoin for sale. Bitcoin (BTC) may see a fresh “bearish signal” in the coming days as the Mt. Gox saga enters its final and possibly expensive phase. As noted by on-chain analytics resource CryptoQuant on Dec. 8,…
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Multiple indicators show pro and retail traders remain strongly bullish even as Bitcoin price failed to break $20,000. Apart from a brief $18,100 test on Dec. 1, Bitcoin (BTC) markets remained relatively calm over the week. This suggests that investors are beginning to realize that a more extended period of consolidation could be possible after…
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Key derivatives indicators show pro traders remain strongly bullish even as Bitcoin price continues to reject at $19,800. Most investors that follow Bitcoin will have recently heard about the growing impact Bitcoin (BTC) futures and options markets have on Bitcoin price. The same can be said for the price swings caused by liquidations at OKEx…
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Governments are increasingly liquidating crypto assets seized in criminal investigations. Earlier this week, Lithuania’s tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations. The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In doing so, the…
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Bitcoin derivatives trading is on the rise as institutional investors flood the market. CME Group has become the world’s largest Bitcoin (BTC) futures market following a surge in open interest over the past month, industry data shows. In a Friday tweet, Arcane Research announced that CME had overtaken OKEx as the world’s largest Bitcoin futures…
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The new entity is called Huobi Labuan, and its brokerage license allows it to offer crypto spot and derivatives trading for an initial nine-month trial period. Huobi Global, Huobi Group’s flagship crypto exchange headquartered in Singapore, may have had a rocky fall in 2020 — at least, as circulating FUD and the rumors go. Today,…
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The U.S.-based exchange has told users that they may experience some intermittent delays or errors while transacting. Major United States-based cryptocurrency exchange Coinbase is experiencing “elevated error rates on some backend systems due to an AWS service outage,” according to an official post on Nov. 25 shortly after 7:00 pm PST. In an announcement posted nine…
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The additions to the board follow the confirmation of a new CEO, CCO, and COO in August. Coinsquare, a crypto exchange that has been under the scrutiny of Canadian regulators following allegations of wash trading, said it will be adding two new members to its board of directors. In a Nov. 25 announcement, the exchange…
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You don’t need thousands of dollars to invest in Bitcoin and getting started is not as difficult as you might think. As Bitcoin (BTC) keeps gaining momentum, the fear of missing out on investing in the world’s largest cryptocurrency is growing each day. On Nov. 18, Bitcoin (BTC) broke a $18,000 price mark for the…
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