3 Reasons Why Bitcoin Price Has Surged $700 This Week

Bitcoin has bounced back above the $10,000 level, gaining over $700 since Sunday. Here are three of the main drivers for why the dominant cryptocurrency is rallying right now. Binance & Bitfinex Announce Bitcoin Derivatives While Bitcoin started as a decentralized digital currency meant for peer-to-peer transactions, crypto exchanges reshaped the coin’s flow by handling […]

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Binance CEO: Retail Investors, Not Institutions, Are Leading the Bull Market

Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, says Binance CEO in a recent interview with Bloomberg. Who’s Really in Charge? As Bitcoin briefly touched $20,000 in early 2018, market analysts forecasted that the impending arrival of Bitcoin futures products, a Bitcoin exchange-traded fund (ETF), and […]

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Tether Is In The Soup ‘Again’ For Blatant USDT Issuance

On July 8 the office of the New York Attorney General submitted a report detailing Bitfinex and Tether’s alleged illegal trading and securities issuance in the state of New York. Have Tether and Bitfinex Colluded to Manipulate Bitcoin Price? A recently filed Memorandum of Law filed by the New York Attorney General’s Office (NYAG) alleges […]

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Kraken CEO: Tether Is Not Driving Bitcoin Price

TD Ameritrade interviewed Kraken’s Jesse Powell over concerns about large amounts of Tether coming into the market. Tether Influx Usually Indicates Fiat Entering Bitcoin Market The latest surge in #bitcoin has been accompanied by big volume in #tether. Watch as @krakenfx CEO @jespow details to @OJRenick why the controversy over the stablecoin is much ado […]

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Bitcoin Exchange Bitfinex Scores Win Against NY Attorney General –

Bitcoin exchange Bitfinex has secured a temporary reprieve in its ongoing legal tussle against the New York Attorney General’s (NYAG) office. NY Judge Grants Stay of Document In a press release issued on Wednesday (May 22, 2019), Bitfinex announced that Hon Joel M. Cohen on the New York Supreme Court granted its motion for an […]

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Only Binance and Bitfinex Do Not Fake Volume, New Report Finds

The Blockchain Transparency Institute has released its December Exchange Volumes Report, delving deeper than ever before into suspected wash trading. The conclusions paint a rather damning picture. Only 2 of CoinMarketCap’s top 25 BTC pairs aren’t massively inflating actual volume. It’ll Come Out In The Wash As part of the report, the Institute used its algorithm […]

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Ethfinex Hopes to Break Stalemate by Offering In-Platform ICOs and Token Sales

Ethfinex plans to host token sales and ICOs within its platform. The company has developed what they believe to be a more equitable method for involving investors in ICOs. Will Decentralized ICOs Level the Playing Field? Ethfinex will soon offer users the opportunity to participate in token sales and ICOs provided directly through the exchange […]

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Bitcoin Trading at a $300 Premium on Bitfinex Amid Tether Decline

Speculation is rife that people are selling Tether in exchange for Bitcoin. This has led to Bitcoin trading at around a $300 premium on the Bitfinex exchange. Those using the Bitfinex exchange are finding that Bitcoin is trading at roughly a $300 premium compared to other exchanges. Many believe the price upswing is because traders […]

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Crypto Exchanges Turn to Dubious Tactics to Offset 80% Volume Plunge

With trading volumes a whopping 80% lower than their January peak, some of the biggest trading exchanges are implementing controversial practices to stay profitable.  Exchange Listing Fees:  Pay to Play From the ‘stick’ of listing fees to encouraging ‘carrots’, the crypto exchanges are finding ways to get their money. Exchanges such as Binance (the world’s largest […]

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