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Bitcoin Price Watch: Bulls Are Back as Currency Reaches $8,100

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Bitcoin is on the rise. After yesterday’s impressive surge to $7,600, the currency has once again defied all odds and spiked beyond the $8,000 mark. At press time, bitcoin is trading for just over $8,100, and is once again reminding enthusiasts of why they got involved in crypto-trading in the first place. The currency had … Read more

Monthly Web Traffic for Major Bitcoin Exchanges Falls by Half

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The disappointing price performances of the cryptocurrency markets in January and February have apparently driven many bitcoin traders to avoid checking on their exchange accounts. Estimations of the total number of visits to the trading venues based on web traffic show a sharp decline month over month.      Also Read: University Student Gang ”Breaking … Read more

Ethereum’s ICO Whales Can Crash the Market at Any Time

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Crypto whales are generally thought of as wealthy traders with the ability to move markets via a single sell order. Yet the greatest whales of all aren’t traders but ICOs which own millions of ether worth billions of dollars. Over 3% of the total ethereum supply is estimated to be in the hands of ICOs, … Read more

Study Finds $3B Worth of Faked Cryptocurrency Volumes and Wash Trades

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On March 10 a cryptocurrency trader and researcher published a report on how he believes $3 billion worth of cryptocurrency trade volumes, primarily from a couple of exchanges, are concocted. The author of the study, Sylvain Ribes, alleges that the exchange Okcoin has been fabricating up to 93 percent of its trade volumes. Also read: Thailand … Read more

Bittrex Adds Tether Competitor TrueUSD as Regulation Rumors Persist

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As the saying goes, don’t keep all your stablecoins in one basket. Over-reliance on tethers could prove costly to an exchange such as Bittrex if U.S. regulators were to crack down on the controversial stablecoin. This week, Bittrex added a second stablecoin in the form Trueusd, in a move seen as a hedge against future … Read more

Cryptocurrency Exchanges Slash Withdrawal Fees

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In the past week, three of the most popular cryptocurrency exchanges have cut bitcoin withdrawal fees by up to half. While the average price of sending bitcoin has been falling for weeks, these savings had yet to be passed on to exchange customers. Now Binance, Bitfinex, and Kraken have all reduced their fees amidst a … Read more