Bitstamp and Stripe Collaborate for EU Crypto Onramp

Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a customizable widget that developers can embed in apps or websites. This widget offers a seamless checkout experience optimized for cryptocurrency conversion and instant settlement. Developers … Read more

Ethereum Rebounds 23.7% In 36 Hours; Justin Sun Withdraws $36 Million In ETH

Ethereum’s price has surged by 23.7% over the past 36 hours, bouncing back from a low of $2,188. This impressive rebound follows significant trading activity, including a notable withdrawal by Justin Sun. #Ethereum’s price rebounded 23.7% in 36 hours after hitting $2,188. How long will it take $ETH to rally back to $3,200? pic.twitter.com/U6Ay5PbsxI — … Read more

‘Yen Carry Trade’ Blamed for Global Market Rout, Jump Crypto’s ETH Sale Worsens Ether Plunge

The narrowing Japanese “yen carry trade” has been blamed for the Aug. 5 global market downturn that sent stock markets and top cryptocurrencies like bitcoin and ethereum plunging by double-digit figures. Some experts cite the disappointing U.S. jobs data and Mt Gox-related selling as factors contributing to the decline. Nikkei Posts Worst Single-Day Loss In … Read more

Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives

As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately $403.82 million came from BTC positions, while $364.98 million resulted from ETH positions being liquidated. Mass Liquidation Madness On Monday morning, the crypto market faced … Read more

Peter Schiff Warns of Mass Bitcoin ETF Liquidations and ‘Crypto Black Monday’

Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He believes that bitcoin has been in a major bear market for almost three years. Peter Schiff Warns of Sharp Decline … Read more