The sell-offs appear to be prompted by the pushback Bitcoin (BTC) is experiencing at the $12,000 price mark.
Bitcoin being tokenized on the Ethereum network will mean an increased activity in the Ether system, which has lately been related to high transaction fees.
The new feature by Huobi comes at a time when Bitcoin is experiencing a heightened system activity that is anticipated to trigger a bigger bull run than the previous one.
Warren Buffett has changed his mind about gold as an investment, prompting some people to think that he might do the same with BTC. Max Keiser has predicted that the Berkshire Hathaway CEO will panic-buy Bitcoin at $50,000.
Binance Card could soon enter the United States, thanks to a partnership of Swipe that will provide users in the U.S. with direct USD deposits.
Just as everything investment in Bitcoin IRAs has its advantages and disadvantages. On the one hand, BTC is known to be volatile but, on the other hand, it is supposed to grow in the future.
On Tuesday, September 1st, BTC price finally showed some growth after several days of a rather feeble trading. Bitcoin is generally trading at $11825 USD.
Bitcoin’s price action on Monday, August 31st, was quite uncertain. Although it seemed like a double bottom pattern had formed over the weekend, the erratic behavior seen on this day left many scratching their heads.
Both Marc and Gokul have worked in the cryptocurrency and FinTech industries for a long period and will bring tremendous experience to the Coinbase board. It is expected that the two new board members will help the company steer ahead its IPO plans.
Craig Wright and Roger Ver have a long history of the rivalry that has been developing in many courts in different jurisdictions. The new chapter is beginning.
Binance.UK has joined the crypto-asset trade association CryptoUK as an Executive Member as it seeks to boost its visibility in the UK market. Binance is said to be the largest crypto exchange in the world. The platform has established multiple local marketplaces designed to adhere to local regulatory requirements.
Only last year, the IRS disclosed they had a meeting with four other states in an effort to partner to fight cross-border tax evasion stemming from digital currency users. Last week in the U.S., the IRS released the draft 2020 tax form, with a crypto tax question smack in the middle of the front page.
Although the names of the farms were not immediately published, available information shows that two mining farms operated by Bitmain were affected.
There is a potential for a new Bitcoin price run as the U.S. dollar currency index (DXY) has dipped to a new low of 92.28.
SBI FX Trade will become the first forex exchange firm in Japan to support CFD trading for cryptos, including BTC, ETH and XRP.