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“# Bitcoin exodus: OKEx users move crypto off exchange as withdrawals resume ” After a five-week-long suspension of all user withdrawals, cryptocurrency exchange OKEx resumed normal services at 8:00 am UTC on Nov. 26. Having announced the re-opening last week, OKEx then indicated it would be launching a compensation and rewards program to express its gratitude to customers for…
“# Coinsquare exchange adds new board members ” Coinsquare, a crypto exchange that has been under the scrutiny of Canadian regulators following allegations of wash trading, said it will be adding two new members to its board of directors. In a Nov. 25 announcement, the exchange said Nicholas Thadaney and Wendy Rudd are joining its…
“# South Korean government to delay crypto tax rules by three months ” The South Korean National Assembly is planning to delay the implementation of new income tax laws on cryptocurrency gains following appeals from industry bodies. According to a Nov. 25 report on Korean-language news site DongA, the 20% tax, originally due to be…
“# Binance trading volume tops all-time high with $37B in a day ” With Bitcoin within $1,000 of its all-time high price of $19,891 set in December 2017, trading on major crypto exchange Binance is also hitting new heights with more than $37 billion in volume in the last 24 hours. According to data from…
“# Coinbase Pro will disable margin trading starting tomorrow ” U.S. crypto exchange Coinbase Pro announced today that customers would not be able to use margin trading on the platform beginning on Wednesday. According to the Coinbase blog, Chief Legal Officer Paul Grewal said that no new margin trades would be allowed starting on Nov….
“# Crypto.com secures regulatory approvals from Maltese authorities ” Cryptocurrency exchange and debit card provider Crypto.com has scored major regulatory approvals from the Maltese government. According to a Nov. 24 announcement, the Malta Financial Services Authority, or MFSA, has granted Crypto.com two financial licenses: a Financial Institution License and a Class 3 Virtual Financial Assets,…
“# Simple steps to get started trading Bitcoin ” As Bitcoin (BTC) keeps gaining momentum, the fear of missing out on investing in the world’s largest cryptocurrency is growing each day. On Nov. 18, Bitcoin (BTC) broke a $18,000 price mark for the first time since December 2017, less than a 10% away from its…
“# Key Bitcoin and Ethereum options metrics show traders are wildly bullish ” In the last few days, Bitcoin (BTC) price has underperformed Ether (ETH) by almost 20%. Even though BTC seems to be struggling to break the $18,800 barrier, both cryptocurrencies display the same bullishness according to derivatives markets data. BTC/USD and ETH/USD at…
“# Bitcoin go up, Coinbase go down: Exchange outages and trader outrage ” Coinbase appears to have a capacity problem. Users have pointed out for years that when Bitcoin and other crypto assets are especially volatile, the exchange sometimes goes offline without warning. These outages can prevent customers from buying or selling their crypto assets,…
“# Chinese banking giant withdraws $3B blockchain bond from listing ” China Construction Bank’s $3 billion blockchain bond has been reportedly withdrawn following an initial delay. Fusang Exchange, a Malaysian cryptocurrency exchange that was to be responsible for listing the bond, said that it has been withdrawn at the issuer’s request. According to Reuters on Nov….