70% of Crypto Exchanges Have Complied With CoinMarketCap’s Transparency Initiative

Crypto data provider CoinMarketCap says most listed exchanges have complied with its transparency-boosting mandatory data requests. The news marks the end of the first phase of the site’s Data Accountability & Transparency Alliance (DATA) initiative, which pushes for stricter disclosures, which include live trading and order book data. More accurate, timely and unbiased information will enable site users […]

Binance to Launch Bitcoin-Pegged Token on Its Own Blockchain

Binance will issue a number of tokens pegged to leading cryptocurrencies on Binance Chain to boost the number of trading options on its platform. The tokens are also likely to be extended to Binance DEX, the firm’s recently launched decentralized exchange, as they create the potential to in effect move cryptos from different blockchains onto its […]

Bitcoin Price Unfazed By Unveiling of Facebook’s Libra Crypto

View The unveiling of Facebook’s Libra cryptocurrency has failed to put a strong bid under BTC. The cryptocurrency may be vulnerable to a “sell the fact” pullback, too. The 4-hour chart indicates scope for a drop to $8,800. A break lower would expose key average located at $8,500. On the higher side, a high-volume above the crucial Fibonacci […]

3 Reasons Bitcoin’s Price is Rallying Above $9K

Bitcoin rose above $9,000 over the weekend, taking cumulative year-to-date gains to more than 150 percent. The leading cryptocurrency by market value clocked a 13-month high of $9,391 on Bitstamp on Sunday and was last seen trading at $9,200, representing 22 percent gains on last Monday’s low of $7,524. Cryptocurrency market experts and investors are […]

Korean Crypto Exchanges Update T&Cs to Accept Liability for Hacks

A number of South Korean cryptocurrency exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues. According to a report by the Yonhap News Agency, South Korea’s antitrust watchdog, the Fair Trade Commission, said Monday that five exchanges in total had made the change after it […]

Above $9.3K: Bitcoin’s Price Prints 13-Month High

The price of bitcoin (BTC) hit a 13-month high above $9,300 on Sunday. The leading cryptocurrency by market capitalization rose to $9,381 at  05:55 UTC – the highest price since May 10, 2018, according to CoinDesk’s Bitcoin Price Index. BTC was last seen trading at $9,340, representing 7 percent gains on the day. On a […]

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Bull Trap? Bitcoin’s Price Rise to $8,300 Isn’t Backed by High Volumes

View Bitcoin has rallied more than 9 percent in the last nine days, but on low volumes – a sign of low investor confidence. As a result, the gains could be short lived. The bearish volume divergence indicates BTC could dive out of a “rising wedge” bearish reversal pattern seen on the 4-hour chart. A […]

Bitfinex Is Starting to Buy Back and ‘Burn’ Its LEO Exchange Token

Cryptocurrency exchange Bitfinex has announced a transparency initiative that will see it put on full view the buying back and “burning” of its LEO exchange token. In an announcement Friday, the firm said as part of its token redemption process, the UNUS SED LEO Transparency Initiative will allow the public to see parent firm iFinex use its gross […]