BeInCrypto: China Shuts Down 173 Cryptocurrency Exchanges and Token-Issuing Platforms
Monday, 25 November 2019 13:06
China has reportedly shut down all cryptocurrency exchanges operating within the country, according to a Twitter update from Chinese blockchain outlet CnLedger. CnLedger quoted the People’s Bank of China (PBoC) Financial Stability Report (2019), stating that “the 173 Chinese virtual-currency trading and token issuing platforms have all…
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Altcoin Buzz: Dapp Data with DappRadar Week 47
Monday, 25 November 2019 13:16
Bringing you key statistics and interesting numbers from the blockchain gaming space. Find out who is topping the charts in our exclusive coverage. Courtesy of DappRadar. 7 Day Activity of the Top Gaming and Marketplace Dapps of the week Name: CatPromotion Protocol: TRON Users: 4.1k Name: My Crypto Heroes Protocol:…
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BeInCrypto: Binance Plans to Sue Crypto Media Website Over Police Raid Report
Monday, 25 November 2019 13:38
Cryptocurrency news website The Block recently published a story that claimed that there was a police raid on Binance’s offices in Shanghai, China. The exchange vehemently denies this ‘fake news’ story and, now, plans to sue. The media outlet claimed that Binance’s Shanghai office had been shut…
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BeInCrypto: Binance’s ‘Raided’ Shanghai Office Formerly Babi Finance
Monday, 25 November 2019 13:58
Chinese state media has picked up the story of Binance’s Shanghai offices reportedly being shut down by police. According to reports, the office formerly belonged to Babi Finance, one of Binance’s many investments. New details have emerged on the supposed ‘police raid’ on Binance’s Shanghai offices. The…
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BeInCrypto: Bitcoin’s Correction May Soon Be Over, Analyst Argues
Monday, 25 November 2019 14:08
The Bitcoin price has reached a very significant support area created by the 0.5 Fib level. According to our analysis, it is very close to reaching a bottom — having possibly reached one near $6600. During the week of November 17-24, the Bitcoin price decreased by roughly…
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The Next Web: Estonian crypto exchange was actually run by Israeli firm, employees claim
Monday, 25 November 2019 15:11
After a petition by its own staff, an Israeli firm that runs a heavily-hyped cryptocurrency exchange is reportedly shutting down. The parent company of DX.Exchange, which traded asset-backed tokenized shares of Nasdaq listed companies, is entering bankruptcy after 78 of its staff petitioned to an Israeli court…
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The Block: Brokerage giant Charles Schwab set to acquire crypto-friendly rival TD Ameritrade for $26B
Monday, 25 November 2019 15:26
U.S.-based investment brokerage giant Charles Schwab has entered into an agreement to acquire rival TD Ameritrade in an all-stock transaction valued at $26 billion. The post Brokerage giant Charles Schwab set to acquire crypto-friendly rival TD Ameritrade for $26B appeared first on The Block.
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BeInCrypto: Bitcoin’s Reversal Has Already Begun, Suggests Analyst
Monday, 25 November 2019 15:34
During the previous week, the Bitcoin price decreased by roughly 20 percent. However, it initiated a bounce near $6600 on November 25 and has increased by 10 percent in less than 12 hours. While there are is no surefire explanation about the rapid decrease, there are several…
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BeInCrypto: Multiplying Profits 65 Times in 3 Hours: How Margin Trading Changes Crypto Trading
Monday, 25 November 2019 15:37
This post is sponsored by Bexplus: Hong Kong-based margin trading platform which provide users with crypto futures trading services. Register now and get a $100 deposit bonus. On October 23-25th the Bitcoin has been changing hands at range of $7,300-7,500 per 1 BTC. What happened next was…
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CoinSpice: BTC Store of Value Maximalists Blame China for Price Downturn, Clinging to HODL Narrative, in Spite of Evidence
Saturday, 23 November 2019 22:23
TL;DR: The consummate baddie, China and its avowedly communist government, is once again the principal focus of BTC maximalists keen to find an excuse as to why the world’s most valued cryptocurrency by market capitalization price tanks, presumably taking every other coin along with it. And while…
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