Bitcoin Holders Maintain Status Quo As Exchange Withdrawals Show Minimal Chan...
In a sudden pullback on Thursday, the price of Bitcoin has fallen below the $110,000 level again as the broader cryptocurrency market shifted toward a more bearish state. Even with the bearish performance in BTC’s price, many investors continue to hold on to their coins instead of selling them off. No Major Shift In BTC […]
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As expected, Tokyo-based Mt. Gox delivered a new update on the status of withdrawals Monday morning, and the news could be considered both good and bad. The good news. Gox has stated (even with their last announcement on Saturday) that they've implemented a solution that will prevent abuse of their system: Thanks to our friends at Blockchain.info, MtGox now has a workaround that will use a unique identifier created by Blockchain to show whether transactions have been modified or not. This will prevent any fraudulent use of the malleability issue and protect the assets of our customers. The....
Next generation Bitcoin Exchange Gemini will be used as a sandbox for students of renowned Algorithmic Traders Ernest Chan and Nick Kirk to develop their algorithmic trading skills. Our London Correspondent Nick Ayton caught up with Nick Kirk, a veteran of IBM Research and an algo-crypto trader. Kirk works with the guru of trading Dr. Ernie Chan who is an author of several books seen as the benchmark for aspiring traders including “Quantitative Trading: How to build your own algorithmic trading business” and “Algorithmic Trading: winning Strategies and their Rationale.” Testing waters in....
Another day, another bitcoin warning from an Asian regulator. This time it's Hong Kong's Secretary for Financial Services and the Treasury, Caejer Chan Ka-keung, who has issued a statement, warning the public that bitcoin is a highly speculative commodity which poses numerous risks. Chan declared that anyone who decides to trade, exchange or hold bitcoins should expect high risks, as the currency does not have intrinsic value, official issuers or a real economy behind it and it tends to fluctuate wildly. However, since bitcoin is not widely used it does not pose a threat to Hong Kong's....
OKEx has suspended all cryptocurrency withdrawals indefinitely explaining that one of the exchange’s key holders is “currently cooperating with a public security bureau in investigations” and has “been out of touch” with the exchange. Update (October 16, 4:52 UTC): This article has been updated with additional information.
Crypto exchange Zipmex has now resumed withdrawals for a few altcoins apart from Bitcoin and Ethereum. So far, there are no updates about Bitcoin and Ethereum withdrawals. The halt in withdrawals on Zipmex happened after the two other exchanges Babel and Celsius froze withdrawals. The crypto exchange has now started to allow users to withdraw […]