Trader cries foul play as $30K Bitcoin price dip ends in biggest-ever daily recovery
A surge in excess of 20% accompanies the 12 hours after Bitcoin bounced off $30,000, but questions over the events are mounting. Go to Source Powered by WPeMatico
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Jack Dorsey warns that FinCEN regulations will drive crypto users offshore
Major U.S crypto firms are united in opposition to new AML laws proposed by FinCEN, warning they could drive users away from regulated platforms and stifle innovation. Go to Source Powered by WPeMatico
Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days
Despite the bitcoin price high, there continues to be a massive exodus of bitcoin leaving exchanges. Onchain data shows exchanges are being drained like a sieve and during the last 30 days, 87,954 bitcoin was withdrawn from the top crypto trading platforms. Back in December 2019, it was reported that the San Francisco-based exchange Coinbase … Read more
Kraken nabs Bitstamp executive for key business development role
Former Bitstamp executive Miha Grčar is joining Kraken as head of business development. Go to Source Powered by WPeMatico
Kraken announces Lightning Network integrations for 2021
Kraken will integrate the Lightning Network to support instant Bitcoin transfers and reduced withdrawal fees. Go to Source Powered by WPeMatico
More than 100,000 ETH locked for staking via Kraken in four days
More than 100,000 Ether, valued at $60 million, has already been locked up for Eth2 staking using Kraken within four days of the exchange launching the service. Go to Source Powered by WPeMatico
‘Classic top setup’? Bitcoin price flash crashes on Kraken after all-time high
A likely “stop-loss run” triggers a one-minute candle to more than $3,000 lower than Bitcoin spot price before a rebound in extreme volatility. Go to Source Powered by WPeMatico
OCC Wants to End Banks’ Discrimination of Disfavored Businesses Including Crypto Companies
The OCC is proposing a rule change that compels large U.S. banks to offer and provide fair access to financial services to anyone that wants them. The proposition seeks to clarify the obligation of large banks to provide fair access to financial services in a manner consistent with the Dodd-Frank Act’s mandate. Discrimination Against Disfavored … Read more
BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures Gap at $18K
Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that the digital currency’s price could fill two unfilled gaps … Read more
Hash Watch: Kraken Announces BCH Fork Plans, Bitcoin ABC Reveals Two-Pronged Effort
A number of third party infrastructure providers have announced contingency plans for the upcoming Bitcoin Cash upgrade on November 15, 2020. Hitbtc has revealed the exchange’s plans to halt bitcoin cash transactions on that day, and it plans to credit all users with an additional token if a blockchain split happens. Additionally, Kraken has announced … Read more