Bittrex Launches Over-the-Counter Trading Platform for Bitcoin, Crypto

Major cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk today, January 14, 2018, by 18:00 UTC. The service will allow investors to trade nearly 200 digital assets currently offered on the Bittrex trading platform. OTC trading is popular with institutional investors who trade in large volumes of cryptocurrencies. This form of crypto trading […]

Bitmain Continues to Downsize Amid Management Restructuring Reports

Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam. Throughout December 2018, for example, like many companies in the crypto […]

India’s Biggest Conglomerates Explore Blockchain for B2B Payments

Despite a plethora of sometimes unclear regulations and restrictions, large businesses and banks in India are still embracing cryptocurrency — or at least some of the technology that underpins it — as a more reliable way to reconcile accounts, make payments, keep proper records, and manage internal funds. According to a report in the India Times, a […]

TRX Add 4.2 Percent, Accelerator Program Troubles

Tron Price retest 2.5 cents Participants at the Tron Accelerator Program say there was no transparency TRX is today’s top performer, up 4.2 percent in 24 hours BTC and other coins may be struggling, but TRX is up 4.2 percent in the last day. While TRX is trading below 2.5 cents, the asset has found […]

Bitcoin Price Analysis: BTC Exposed, ETF Hopes Dimming?

Bitcoin Price slide, potential support at $3,400 or 78.6 percent Fibonacci level SEC may not approve Bitcoin ETF Reaction at $3,700 important for bulls In the short-term, sellers seem to be in charge and yesterday’s drop below our immediate support at $3,700 may lead to reductions towards $3,400. In the midst of this, we are […]

Ripple Price Analysis: XRP Find Support as Bears Slow Down

Ripple price 3 cents from the primary support Exim bank set to adopt the xRapid system by the end of March 2019 Transaction volumes low but XRP is technically bullish Over and above everything, Sep 2018 rally guides our medium to long-term price projection. In the short-term, price drops below our support line at 30 […]

Following $5 Billion Drop in Crypto, Traders See Weakness in Bitcoin

On January 13, the crypto market initiated an intense sell-off as the Bitcoin price fell below the $3,500 mark. The weakness in the short-term price trend of BTC led the market to demonstrate volatility on the downside. More than $5 billion was wiped out of the crypto market and major assets like Ethereum recorded a […]

Bittrex Launches OTC Trading Desk With 200 Cryptocurrencies

U.S. crypto exchange Bittrex is launching an over-the-counter (OTC) trading desk. The new service, which will allow approved clients to “quickly and conveniently trade assets,” will support nearly 200 cryptocurrencies already offered by the exchange, the company announced Monday. According to the exchange, the OTC desk will provide “guaranteed pricing” for major trades, “typically $250,000 […]

Bitcoin Risks Return to December Lows After Price Drop to $3.5K

After breaching key support on Sunday, emboldened bears could soon push bitcoin (BTC) prices back towards $3,100. Following a drop to a 3.5-week low of $3,476 at 16:00 UTC yesterday, the cryptocurrency closed at $3,516, effectively invalidating the bullish view put forward by the higher low of $3,566 carved out on Dec. 27. That move […]

Tim Draper Made $89M+ From His Bitcoin Investment in 5 Years

Billionaire venture capital investor Tim Draper has made $89.1 million from his Bitcoin investment in less than five years. In 2014, Tim Draper purchased a bulk of 30,000 BTC from the U.S. authorities in an auction. He outbid all participating investors by paying $632 per Bitcoin, with a slight premium. The $18.96 million he spent […]