Buy Crypto Sell, is a new Africa-based instant peer to peer exchange, that is finally giving users of exchanges like Paxful more options. Peer to peer cryptocurrency exchange platforms like Local Bitcoins were instrumental in spurring early adoption of coins like Bitcoin. However, recent years have seen many African users start scrambling for alternatives. Launching
Bitcoin has seen a strong move higher throughout the past day, with bulls aiming at reversing the recent market-wide selloff as the cryptocurrency begins pushing higher. Where it trends next will likely depend largely on whether or not bulls can maintain the ongoing uptrend as the weekly candle close fast approaches. Where this candle closes
Without a doubt, Bitcoin (BTC) has become an increasingly popular asset to own among institutional investors. By the end of the second quarter of 2020, Fidelity reported in a survey of almost 800 institutional investors that 36% owned crypto assets. A separate survey, conducted by crypto asset insurance company Evertas, shared that respondents believe hedge
Bitcoin (BTC) price dropped severely in the previous week, falling from $19,500 to $16,000. Corrections never occur smoothly as dropdowns are frequently sudden and painful. The recent correction isn’t much different as the drop occurred in a matter of hours. Since then, Bitcoin’s price consolidated above $16,000, which marked a temporary bottom. The primary question
Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s Libra The cryptocurrency libra, proposed by social media giant Facebook, is reportedly preparing to launch as early as January next
End of Western Union Remittance Service to Cuba a Boon for Crypto As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October … read more.
The price of Bitcoin (BTC) has been consolidating above $17,000 on Nov. 28 following a major correction from $19,400. In the near term, traders anticipate the dominant cryptocurrency to see another steep pullback. There are three main reasons why traders expect a deeper drop to occur in the near future, namely, historical cycles, the Fibonacci
When banks finally come to improve their technology experience, they go no deeper than changing the front end. They’ll make a button blue instead of green or create rounded edges on buttons instead of square ones. They think in terms of their interfaces, not the back end. If a bank were to truly innovate its
All Pizza Hut locations in Venezuela now accept a broad range of cryptocurrencies, including bitcoin, via the payment platform Cryptobuyer. Pizza Hut joins Burger King, Intercontinental Hotel, Traki, and several other major stores in Venezuela that accept bitcoin. Pizza Hut Accepts Bitcoin Cryptobuyer announced on Friday that all Pizza Hut restaurants in Venezuela now accept
The price of Bitcoin (BTC) dropped sharply on Nov. 26 following a mass sell-off from whales. Data from on-chain data firms, namely Santiment, Intotheblock, and CryptoQuant, show heightened levels of whale exchange inflows. Whales selling right under Bitcoin’s all-time high, particularly when the market sentiment was overly euphoric, led to a massive drop. Roughly $1.8
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DONT PANIC!!! The cryptocurrency pullbacks which we are seeing and will likely experience over the coming days and weeks is a NORMAL and healthy thing for the markets to do. At the end of the day, cryptocurrencies are a financial market, and they will act and perform as such. Believe it or not, there are
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Following bitcoin’s sharp pullback on November 26, renowned trader Peter Brandt says BTC is likely to see a further correction, although he thinks prices have not topped. The comments follow the massive sell-off of cryptos that resulted in traded volumes of $8.5 billion being recorded across exchanges in just 24 hours. According to Messari, this
Over the years, we have been introduced to a digital transformation, which has created and shaped communities around the world. Digital technologies have introduced newly evolved ways of how the world interacts, operates, and most of all, conducts exchanges. In the current economic hardship and the Covid-19 global pandemic, the European Union has had to
Just recently three previously unpublished emails from Bitcoin’s inventor, Satoshi Nakamoto, have been made public. The emails reveal the correspondence between Satoshi and the early Bitcoin developer Hal Finney. The communications between Nakamoto and Finney stem from November 2008 and January 2009, the very month Bitcoin was launched. On November 27, three emails that have
Bitcoin price is now trading at roughly 15% less than it was just days ago, falling short of setting a new all-time high by just a few hundred dollars. A new record was so close bulls could taste the victory, but the achievement was blocked by massive whales who reloaded centralized crypto exchanges with a
Bitcoin has faced an extremely strong correction since its local highs around $19,500. The leading cryptocurrency currently trades for $17,000 almost exactly, though fell as low as $16,200 just the other day. That means that from its local highs, the leading cryptocurrency was down by over $3,000. Many have not taken this correction well: just
The market cap of Tether (USDT), a U.S. dollar-pegged stablecoin, has surged in recent weeks, potentially helping to fuel the recent Bitcoin (BTC) rally that drove prices to near all-time highs. Paolo Ardoino, who serves as dual CTO to Bitfinex and Tether, tweeted Thursday that the supply of USDT increased by 1 billion over nine
There was a time when BitMEX derivatives exchange reigned sovereign over other exchanges, and the company effectively held a 50% market share until July 2019. For this reason, traders kept a close eye on every indicator connected to BitMEX, including its funding rate, open interest, and basis. Open interest measures the total number of contracts
Bitcoin’s price has been flashing signs of immense weakness throughout the past few days, with the recent $19,500 rejections sending it reeling lower as analysts watch for further downside. The rejection just below its all-time highs was certainly what sparked the ongoing correction, but some other factors are at play here. One such factor is
Chinese police have seized more than $4.2 billion worth of crypto assets in its clampdown against the Plustoken Ponzi scheme. According to a court ruling made public on Nov. 26, and shared by The Block, law enforcement confiscated a total of 194,775 bitcoin (BTC), 833,083 ether (ETH), 1.4 million litecoin (LTC), and 27.6 million EOS.
The motivation and time horizon for entering Bitcoin (BTC) will ultimately dictate whether investors succeed in this new asset class, according to crypto pioneer Mark Yusko. On Friday, the CEO of Morgan Creek Capital Management commented on the recent wave of negative headlines concerning Bitcoin. In a series of tweets, Yusko said financial institutions are
Cryptocurrency adoption is slowly but surely making its way to the mainstream — a notion that has become more apparent as major retailers like PayPal announce support for digital currencies. As such, it shouldn’t come as a surprise that crypto holders may be keen to spend some of their digital currency this holiday season. According
PRESS RELEASE. The past decade has witnessed a revolution in traditional finance led by the utilization of blockchain technology. Blockchain technology has shown greater use cases since the development of leading coin Bitcoin. It has been used in different sectors of world economics including, health, agriculture, supply management, finance and many more. However, one sector
Yearn.finance’s YFI token has been surprisingly strong throughout the past few days, with its price holding well-within the mid-$20,000 region despite the selloff currently taking place across the aggregated crypto market. When Bitcoin was first rejected at $19,500 and began its decline, YFI moved in tandem and dropped to $18,000. The narrative built throughout the
Bitcoin may hit $150,000 by November 2021 according to Raoul Pal, founder and CEO at Global Macro Investor and Real Vision — And that would be the most conservative scenario. Pal believes that Bitcoin could even reach $250,000 due to the large amount of institutional money currently flowing into the Bitcoin market. That is what,
Today is the day after Thanksgiving in the United States, also known as Black Friday – a day when retailers everywhere offer the year’s best deals and discounts. The day is no different in the world of crypto, and those interested in Bitcoin and other altcoins can take advantage of the savings and stock up
Since topping out at $19,484, Bitcoin price has struggled to reclaim the $17,000-$18,000 level. As the price continues to decline, traders are targeting key underlying support levels to determine where traders will buy if BTC price continues to fall. The immediate support levels based on whale clusters are $16,694, $16,411, and $16,064. Below the $16,000
Black Friday is one of those events where all kinds of discounts are possible. In the crypto space, this has been made apparent via several offers. The Upland Metaverse is one of those places where the black Friday effect will be felt the most. E-Crypto News reached out to Dirk Lueth, CEO of Upland to
CME Group has become the world’s largest Bitcoin (BTC) futures market following a surge in open interest over the past month, industry data shows. In a Friday tweet, Arcane Research announced that CME had overtaken OKEx as the world’s largest Bitcoin futures market. Citing data from Skew, a market intelligence firm, Arcane said open interest
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