• Uncategorized

    Tether Spotlight Once Again: Controversy Over 100% Peg to USD

    Popular stablecoin Tether (USDT) – the world’s 9th largest cryptocurrency by means of market cap, has once again attracted the attention of the crypto community. As noticed by existing Tether investors, the project has removed previous claims that the stablecoin was entirely backed by US dollars. A new...

    Joseph Young | March 14, 2019 | 3:32 pm
  • Bitcoin

    High Demand For Bitcoin? Binance Sees Massive Registrations in Europe

    On January 16, the world’s largest crypto exchange by daily volume Binance launched a crypto-to-fiat trading platform in Jersey, enabling British pound and euro trading pairs with Bitcoin. Within less than 24 hours following the launch, Binance CEO Changpeng Zhao (CZ) has said that the exchange is already...

    Joseph Young | January 17, 2019 | 11:00 am
  • Technology

    Major Crypto Exchange Kraken Has Not Delisted US Dollars, CEO Clarifies

    On October 21, rumors around major US-based crypto exchange Kraken surfaced, as traders claimed that they could no longer see the US dollar deposit option on the platform. Kraken is selectively disabling USD for customers. Multiple reports that USD is missing, while others say it’s still available.

    Joseph Young | October 22, 2018 | 11:53 am
  • Technology

    Long-Time Critic Explains Why Bitfinex is Unable to Work With Banks

    Bitfinex’ed, a long-time critic of Bitfinex and Tether LLC, a company that oversees the development of stablecoin Tether (USDT), has stated in an interview with Modern Consensus that the “pretend KYC/AML” system of Bitfinex is preventing the exchange from obtaining banking services. For years, from the shutdown of...

    Joseph Young | October 18, 2018 | 3:00 pm
  • Bitcoin

    Premium of GBTC Has Fallen Substantially: What Does it Mean For Bitcoin?

    On October 18, cryptocurrency trader and technical analyst Eric Thies released a comparative chart of Bitcoin and Bitcoin Investment Trust (GBTC), a publicly tradable instrument that allows investors in the public stock market to invest in BTC. According to Thies, the drop in the premium of GBTC is...

    Joseph Young | October 18, 2018 | 2:00 pm
  • Bitcoin

    $50,000 to $2,800: How Bitcoin Price Targets of Experts Dropped 95%

    In early 2018, when the price of Bitcoin (BTC) first dropped from $20,000 to $6,000 and recovered to $11,000, the majority of traders and investors were still highly optimistic in the short-term price movement of the dominant cryptocurrency. Respected entrepreneurs and investors including BitMEX CEO Arthur Hayes, Morgan...

    Joseph Young | October 18, 2018 | 1:00 pm
  • Technology

    What Prompted Poloniex to Abruptly Shutdown Crypto Margin Trading?

    Poloniex, one of the oldest cryptocurrency exchanges in the market, has recently initiated the process of shutting down its crypto margin and lending products for US-based users. In an official announcement released on October 4, the Poloniex team stated: “By the end of the year, we’re taking steps...

    Joseph Young | October 4, 2018 | 11:25 am
  • Ethereum

    Major Wall Street Institutions are Finally Launching an Ethereum Futures Market

    Chicago Board Options Exchange (Cboe), $29 billion brokerage firm TD Ameritrade, and several other large investment firms are supporting the launch of ErisX, a futures market that will integrate Ethereum, Bitcoin Cash and Litecoin along with Bitcoin. Frank Chaparro at The Block exclusively reported that former Citigroup Head...

    Joseph Young | October 3, 2018 | 3:11 pm
  • Bitcoin

    Report: How Bots on Crypto Exchanges are Manipulating the Price of Bitcoin

    As the office of New York Attorney General Barbara D. Underwood said in September, bots on large-scale crypto ecxhanges have been manipulating the price of Bitcoin for many years. The report released by Attorney General Barbara D. Underwood read: “When any venue tolerates manipulative or abusive conduct, the...

    Joseph Young | October 3, 2018 | 7:00 am
  • IRS

    Big Institutional Investors are Buying Large Amounts of Bitcoin in OTC Market

    Bobby Cho, the global head of trading at Cumberland, a Chicago-based cryptocurrency trading company, has stated that a growing number of high net-worth individuals and institutional investors are accumulating Bitcoin (BTC) through the over-the-counter (OTC) market. While some cryptocurrency market data providers estimate the daily trading volume of...

    Joseph Young | October 3, 2018 | 6:00 am

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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