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“# Blockchain.com exchange debuts Bitcoin margin trading ” Bitcoin (BTC) wallet and exchange platform Blockchain.com has announced the introduction of margin trading services. In a blog post issued on Tuesday, Blockchain.com stated that Bitcoin margin trading had been a regular request from users since launching its exchange service in 2019. According to the announcement, the platform…
“# Long-term Bitcoin bulls hodl strong despite five-month price high ” On-chain analytics provider glassnode reports that long-term Bitcoin holders are refusing to sell despite the BTC markets rallying to a five-month price high. In its Oct. 11 “Week on Chain” report, Glassnode noted that “long-term holders” — BTC wallets that have not seen outflows…
“# Price analysis 10/11: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI ” Bitcoin (BTC) resumed its rally on Oct. 11 and climbed close to $58,000. This marks an almost 100% recovery from the May plunge and shows that any regulatory action by China is having only a temporary effect. The strong rally…
“# South Korean opposition set to tackle controversial crypto tax law ” Lawmakers belonging to South Korea’s opposition People Power Party have prepared a fresh challenge to the planned crypto tax law. According to The Korea Herald, opposition lawmakers are advocating for a one-year extension to the start of crypto taxation in the country. As…
“# Altcoin Roundup: DEXs come to the rescue after China bans crypto ” Over the past few months, there have been some major developments coming out of China that have rocked the cryptocurrency market and the global financial markets. China’s Evergrande debt repayment crisis sent shockwaves throughout global equities markets, as well as the United…
“# Price analysis 10/8: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI ” Bitcoin’s (BTC) rally above $50,000 seems to have received a boost from institutional buyers who are looking to hedge their portfolio against increasing inflation, said JPMorgan in a note to its clients on Oct. 7. The bank’s analysts speculated that…
“# Globetrotting Binance looks to Ireland for ‘centralized’ headquarters ” Under pressure from regulators around the world, major exchange Binance is looking to establish a headquarters in Ireland. Until now it has operated globally for years under what its chief executive, Changpeng Zhao (CZ) has described as a “decentralized” structure. An Oct. 6 report from…
“# Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout? ” Meme coins were some of the earliest breakout stars at the start of this year’s bull run and big-name influencers like Elon Musk and Mark Cuban helped to stoke a surge in the price of Dogecoin (DOGE). The success of DOGE eventually spawned…
“# Mt. Gox creditors may receive nothing if they fail to vote by Friday ” Creditors from the now defunct crypto exchange Mt. Gox have until Oct. 8 Japan time to vote on a rehabilitation plan which could potentially pay back millions in lost Bitcoin. Figures including Blockstream founder Adam Back and former Mt. Gox…
“# Stockbroker platform Public.com adds crypto trading feature ” Public.com, a neo-brokerage outfit based in New York has announced the launch of crypto trading services for its customers. In a statement issued on Thursday, Public revealed that users will be able to trade and store cryptocurrencies on the same app used for managing their stock…