Category: Trading
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BitMEX enables lower withdrawal fees with native SegWit support
BitMEX, one of the largest crypto derivatives exchanges in the world, announced that it has added support for Bitcoin Bech32 addresses. According to the company’s announcement, users will now be able to withdraw to their SegWit addresses with lower fees and contribute to the reduction of blockweight usage on the platform. BitMEX enables withdrawals to…
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SLP Token Market Cap Surpasses $50 Million
For over a year now, the Simple Ledger Protocol (SLP) token universe has grown quite vast. There are now more than 6,000 SLP tokens in existence and a number of SLP tokens have seen price discovery. Moreover, tokens listed on our SLP market capitalization aggregator show in the last two months SLP valuations have doubled.…
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Circle warns Poloniex customers in the U.S. of assets conversion to USDC
Crypto conglomerate Circle warned all U.S.-based Poloniex customers to withdraw their assets before Dec. 16. Users who fail to withdraw their assets before the deadline could lose access to their account, have their assets traded to USDC or be charged service fees. Poloniex and Circle part ways at the expense of their users Circle, a…
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Three ratios crucial for understanding Bitcoin Price
According to crypto analyst PlanB, who popularized the Bitcoin stock-to-flow model, understanding the world’s largest cryptocurrency comes down to just three things—its Sharpe ratio, its correlation with other assets, and cointegration with the stock-to-flow model. Boiling down Bitcoin to three crucial ratios While Bitcoin’s unique proposition attracted hundreds of millions of people in the ten…
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Hackers begin moving ETH stolen in massive UPbit theft
Hackers believed to be responsible for the massive UPbit theft yesterday have begun moving the stolen coins. The 342,000 ETH loot has been split between four different addresses with smaller sums being sent to Binance and Huobi to test the exchange’s reaction. Looking to cash out $50 million worth of ETH UPbit, one of the…
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Why Bitcoin traders are considering a bigger drop as BTC price falls 30% in past month
The Bitcoin price has fallen by nearly 30 percent since rising to as high as $10,600 in October. Technical analysts have started to consider a further pullback to the high $6,000 region. On Oct. 21, due to a cascade of short liquidations on major margin trading platforms like BitMEX, the Bitcoin price spiked above the…
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Bitcoin drops below $8200 as large transaction decrease 97% over past week
Bitcoin has been struggling to remain above the $8,000 support level in a hostile market where almost every signal indicates a bearish sentiment. The decreasing number of profitable holders on the network and a shocking 97 percent drop in large transactions spell trouble for the world’s largest cryptocurrency. Almost every Bitcoin metric in the red…
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Nexinter – Profit Sharing Crypto Exchange
Nexinter launch as the first profit sharing fiat-crypto and custodian exchange in the world. Today, Nexinter, the digital fiat-crypto and custodian exchange, has announced that it will be the first profit sharing digital exchange in the world. 75% of the Nexinter’s profits from any operation or revenue stream on the platform will be returned to…
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100k BTC is a key psychological level for BitMEX Bitcoin futures contracts
The number of open BitMEX Bitcoin futures contracts (XBTUSD) tends to peak at around $1 billion, or 100,000 BTC. Having open interest heavily dependant on key psychological levels shows that the crypto derivatives market has matured. Is the crypto derivatives market maturing? The crypto derivatives industry has long been considered a niche one, catering to…
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BitOrb Exchange Raises $6.4 Million
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The BitOrb Exchange has successfully secured its funding round, raising a total of USD 6.4m. The round was…