Last year’s holiday season wasn’t the best time for Bitcoin holders. For those who missed the memo, in November and December of 2018, the leading cryptocurrency tanked, falling off a proverbial cliff as investors capitulated, liquidating their BTC holdings in search of greener pastures. In fact, within a four week period, Bitcoin had entirely capitulated,…
Despite what the news may imply, Bitcoin (BTC) is up on the year, having posted an over 70% gain. XRP, Ethereum, and other altcoins, on the other hand, have suffered, plunging under the weight of a volatile Bitcoin.Some cryptocurrencies have been hurt more than others. The most hurt altcoin in the top 10 has to…
Blockchain start-up and XRP proponent Ripple says it’s raised a $200 million investment round, lifting its valuation to $10 billion. Despite this move, critics worry whether Ripple and its XRP digital currency have a future in the space when up against CBDCs, stable coins, and XRP’s biggest competitor, Bitcoin. Ripple Hopes Funding Refutes XRP Skeptics…
KuCoin, one of the leading cryptocurrency exchange and trading platform has announced an improvement to its Bitcoin Perpetual Contract by increasing the maximum available leverage. In a recent announcement, the platform confirmed that users on its KuMEX (KuCoin Mercantile Exchange) platform can now avail maximum leverage of 100x, which is five times the earlier 20x…
Binance Singapore has purportedly abruptly suspended a Bitcoin withdrawal from a trader using a wallet with a coin-mixing service, a harsh reminder that large exchanges aren’t the best place to hold coins if one values anonymity and accessibility. Binance Account Suspended Twitter user Catxolotl (@bittlecat) received a message from Binance Singapore informing them that their Bitcoin…
OKEx is currently one of the biggest digital assets exchange and trading platforms that has achieved significant progress since its inception. The platform is known for its constant innovation, characterized by the introduction of new features for users at a regular frequency. In this post, OKEx gives a brief overview of their company’s journey in…
Another week, another round of Crypto Tidbits. Bitcoin, again, saw an effectively flat week, losing a few percent in the past seven days (which isn’t much in the grand scheme of things), according to the latest data from Coin360. Altcoins have posted similar results, with a majority of cryptocurrencies shedding a percent or two, just around…
When it comes to choosing a cryptocurrency exchange, the vast majority of both budding and experienced traders alike tend to settle for the first option. This, however, is rarely the best choice. In the past decade, cryptocurrency exchanges have gone through a revolution of sorts, with numerous new cryptocurrency exchanges launching with features that even…
OKEx, the leading global cryptocurrency futures exchange platform has announced that it is going to soon launch its USDT Margined Perpetual Swap Trading feature. According to the announcement, the latest USDT denominated linear contract offering is set to go live on December 16, 2019, following the simulation phase which went live on December 4. The…
Going by recent headlines, it appears as though central banks around the world are planning to or in the process of creating their own digital currencies.The coins, by their disruptive nature, are bound to attract attention from these banks. And with Facebook’s plans to launch the Libra, there are ever-growing challenges to their monetary authority…