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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


Binance Updates Whitepaper to Avoid Complications Associated with the Term, “Securities”

Recently, Binance has supposedly made updates to their original whitepaper that was first released in 2017 reports The Block Crypto. An image of the way words has been removed and replaced has also been provided by the aforementioned news outlet, and it can be seen right below: Figure 1: The image on the left (with […] дальше »

2019-4-19 02:08


Greedy Bitcoin Traders Drive Fees up 200% – Here’s What You Can Do

A CCN reader wrote in to ask us to explain why he has 13 payments pending in the Bitcoin blockchain. The answer is simple enough: at any time, the Bitcoin main chain can become congested. The only way to ensure Bitcoin payments arrive in a very timely fashion is to either pay the highest possible fee or use Lightning Network, which is still gaining traction. дальше »

2019-4-4 21:30


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Citibank Scrapes JPM Coin-Like Crypto Token ‘Citicoin’ Platform And Decides To Bet On SWIFT

Citibank Scrapes JPM Coin-Like Platform And Decided To Bet On SWIFT Everybody is talking about JPM Coin right now, the token which was created by the JPMorgan bank. However, do you remember Citicoin? Way back before cryptocurrencies got so famous and Bitcoin was well-known, Citigroup’s Innovation Lab, which is set in Dublin, was trying out […] дальше »

2019-3-19 22:59


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23