Trading Tip `The Wall´ – Why Do We Fall, Bruce?

This week, the price of bitcoin reached a low-point of -53% from its December high. A few weeks ago, I wrote about the Death of the “Get in before Wall Street!”-meme and why it made sense to Short the Great Bitcoin Bull. My viewpoint remains unchanged in that I’m still confident that the CME bitcoin futures listing … Read more

Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds

Cryptocurrency exchanges have been overrun for months, as record demand has caused throttling or restriction of service altogether. With exchanges buckling under the strain, a number of platforms have been forced to temporarily shut their books. On Thursday, Bitstamp announced plans to recruit 100 new call center staff as it struggles to feed the crypto … Read more

Ethereum Network Congestion Forces Exchanges to Halt Withdrawals

Scaling problems that have been sporadically affecting the Ethereum network have resurfaced. While bulls and bears were battling it out in the markets, the Ethereum blockchain was fighting to restore some semblance of normal service. The congestion forced a number of exchanges to halt withdrawals, with one going so far as to advise customers to … Read more

Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations for 10k+ Deposits

Exchanges are regarded by many in the cryptocurrency world as a necessary evil. They provide liquidity and an on-ramp from fiat currency, but many other aspects of their service leaves a lot to desired. From onerous KYC requests to sudden withdrawal of service, nary a week goes by without major exchanges leaving customers seething. This … Read more

Bitstamp Is Asking Users Who Want to Withdraw a Lot of Questions

Customers of Slovenia’s Bitstamp exchange are being forced to jump through hoops to meet an unprecedented level of compliance. A widely circulated image, purporting to reveal Bitstamp’s enhanced KYC procedure, has been attracting a lot of attention. The document requests screenshots of other cryptocurrency exchange profiles, bank account statements showing fiat deposits to third party … Read more

Bitstamp Announces Operational Changes to Handle Influx of New Users

Various cryptocurrency exchanges have seen their fair shares of issues over the past few months. When it comes to scaling infrastructure, a lot of new challenges have arisen due to an influx of new users. Bitstamp, one of the bigger cryptocurrency exchanges out there, plans to introduce some much-needed upgrades. Not only will the site add … Read more

Ripple Gateways Can Freeze Users’ Funds at Any Time

Ripple has been the talk of the town lately thanks to its rocketing value and growing market capitalization that’s making eyes at bitcoin. $1,000 of XRP bought a year ago would be worth half a million dollars today. But away from the price action, there’s an issue bugging ripple that just won’t go away. It’s … Read more

Cryptocurrency Exchange Review: Bitstamp

In the world of cryptocurrency, centralized exchanges still play a big role. That may seem strange for decentralized forms of money, but it is the situation we find ourselves in these days. There are many different cryptocurrency exchanges out there which are worth checking out. Bitstamp is one of those platforms which has built up … Read more