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Posts published in “trading”

Argentina, Venezuela, and Egypt Post Record P2P Bitcoin Trading Volumes

Venezuela's Central Bank Unveils App To Help Citizens Convert New Crypto-Pegged ‘Sovereign Bolivar’

During October 2018, Bitcoin trading volumes on the peer-to-peer (P2P) platform LocalBitcoins reached peak levels in Argentina, Venezuela, and Egypt. Elsewhere, places like Croatia and Switzerland are at their lowest levels since the start of 2018. Bitcoin is a Haven Asset in Argentina With the continuing economic crisis in Argentina, it is perhaps unsurprising to see people flocking to Bitcoin (BTC) as a haven for their wealth. Since April 2018, the peso – Argentina’s fiat currency

The post Argentina, Venezuela, and Egypt Post Record P2P Bitcoin Trading Volumes appeared first on Bitcoinist.com.

Winklevoss-Owned Bitcoin Exchange ‘Gemini’ Adds Litecoin Trading Pairs

Winklevoss-Owned Bitcoin Exchange 'Gemini' Adds Litecoin Trading Pairs

On Friday, October 12, 2018, Gemini announced the addition of Litecoin (LTC) to its trading catalog. Litecoin becomes the fourth cryptocurrency added to the Winklevoss-owned platform. NYSDFS Approval for Litecoin Trading on Gemini Eric Winer, the platform’s VP of Engineering announced the news via a post on the company’s Medium account. According to the announcement, customers will be able to deposit LTC into their trading accounts from Saturday, October 13th, 2018, while trading commences the

The post Winklevoss-Owned Bitcoin Exchange ‘Gemini’ Adds Litecoin Trading Pairs appeared first on Bitcoinist.com.

Venezuela Bitcoin Trading Hits New Record As Maduro Confirms Petro Launch

Petro

Venezuela posted its largest-ever Bitcoin trading volumes last week, data compiled October 6 confirms, as the country announced several new economic shake-ups.  7 Days, $7 Million Statistics covering P2P trading platform Localbitcoins show that Venezuelans converted a total of 1073 BTC ($7.1 million) in the week ending Saturday — the most since records began in 2013. The previous record came in September with 898 BTC ($5.95 million) exchanged during week three, with the following week

The post Venezuela Bitcoin Trading Hits New Record As Maduro Confirms Petro Launch appeared first on Bitcoinist.com.

Institutional Traders Haven’t Rescued Crypto Yet

Throughout 2018’s price slump, investors in digital assets hoped for an influx of institutional investors to rescue crypto prices. Retail investors pinning their hopes on large investors breaking digital assets out of their price slump are beginning to make peace with an uncomfortable fact — the institutional investors are already here. Hedge funds and proprietary trading shops are increasingly becoming some of the largest traders of cryptocurrencies, taking the other side of larger trades in the

The post Institutional Traders Haven’t Rescued Crypto Yet appeared first on Bitcoinist.com.

StellarX is Here to Change Crypto Trading

StellarX is Here to Change Crypto Trading

How would you like an exchange that’s completely free? Or one where you are in full control of your assets? An entirely transparent one, to both users and token issuers? How about one that lists all types of assets out there? StellarX is set to become all these and more.  While no one can guarantee the future, especially when a development team chooses to remain in the shadows, here’s what the co-creator of StellarX —

The post StellarX is Here to Change Crypto Trading appeared first on Bitcoinist.com.

Blockchain Mass Adoption to Come through Games, but “Killer Apps” Needed

With the recent increase in popularity of the blockchain technology, many believe that it is only a matter of time before this tech enters the mainstream. However, to do that, it will first need a catalyst, and many have been wondering for a while just what that might be. According to Loom Network’s recent Medium...

The post Blockchain Mass Adoption to Come through Games, but “Killer Apps” Needed appeared first on NewsBTC.

Bitcoin Price Analysis: It’s Getting Down to the Wire

Bitcoin price

FUD appears to be dragging Bitcoin price through the mud this week. What is really happening, consolidation or a bearish reversal? Bitcoin Price Market Overview As Bitcoin pulls back from a week of inspiring gains, the mainstream media and an array of Bitcoin pundits are calling this a ‘crash’. Rumors of Mt.Gox trustee, Nobuaki Kobayashi lining up more BTC and BCH for sale have dominated the press and the general sentiment toward bitcoin has turned

The post Bitcoin Price Analysis: It’s Getting Down to the Wire appeared first on Bitcoinist.com.

Bitcoin Cash Price Analysis: BCH/USD Breaks Above Key Resistance

Key Points Bitcoin cash price rallied and broke a major resistance near $440 against the US Dollar. Yesterday’s highlighted important bearish trend line was breached at $435 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently correcting lower, but dips near $445 and $440 remains well supported. Bitcoin...

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Coinbase Denies Claims That 20% of Its Trading Volume is Self-Created

Coinbase Aims to Obtain Banking Licenses

US cryptocurrency exchange and wallet provider Coinbase defended its business practices yet again this week after a US report said 20 percent of its volume came from the company itself. Figures ‘Misreported’ In a blog post September 20, chief policy officer Mike Lempres refuted claims made by New York Attorney General Barbara D. Underwood in her Virtual Currency Markets Integrity Initiative. “Coinbase does not trade for the benefit of the company on a proprietary basis,”

The post Coinbase Denies Claims That 20% of Its Trading Volume is Self-Created appeared first on Bitcoinist.com.

$60 Mln Crypto Exchange Hack in Japan had no Impact on Bitcoin Price

Another hacking attack has hit a known crypto exchange in Japan, and this time, thieves managed to steal around $60 million in crypto. Another Crypto Exchange Hack The popularity of attacks on crypto exchanges seemingly continues to grow, with another such exchange being hit just recently, in Japan. It is largely believed that such incidents...

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