Bitcoin Technical Analysis: Bitcoin Cash Civil War Drives BTC to a 1-Year Low

Holy mackerel! Out of the blue, Bitcoin dropped to a new 12-month low with little notice. Anyone hoping for a Santa Claus rally had better drop to their knees and start the Hail Marys. Market Overview Today Bitcoin (BTC) 00 got nuked. In fact, the entire cryptocurrency market took a direct hit from a 50…

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OKEx Notes Early Delivery of BCH Futures After Trading Stop to Avoid Market Manipulation

The world’s current biggest crypto exchange OKEx has announced early delivery of Bitcoin Cash (BCH) futures contracts immediately after trading stop time today, Nov. 14, according a press release shared with Cointelegraph. As per the announcement, all Bitcoin Cash futures contracts have been set to stop trading at 9:05AM CET and delivered subsequently at 10:00AM…

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Daily Byte: October 30, 2018

Ethereum’s family reunion kicks off, OKEx prunes some trading pairs, and SC Johnson fights to clean the ocean but researchers say it’s too late. Here is some of what’s happening on Tuesday, October 30, 2018: Devcon 4 Opens Today The Ethereum Foundation is kicking off DevCon 4 today in Prague, Czech Republic. A four-day gathering…

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Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges

When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep…

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Crypto Exchange OKCoin Makes Bold US Expansion Move

OKCoin’s crypto-to-crypto trading services are now available in 20 more US states. Following a successful launch in California earlier this year, cryptocurrency exchange OKCoin has expanded its token-to-token trading services into 20 more American states. The company said in a blog post on Wednesday that has extended its reach to the states of Alaska, Arizona,…

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Coinbase trade volume down by 83% whereas OKEx witnesses a huge growth

Diar recently released a report on cryptocurrencies, State of the Digital Assets Trading. The report studies the effect of cryptocurrency volatility has had on the cryptocurrency markets. In addition, the reports show the impact it had on cryptocurrency exchange platforms. According to the report, Coinbase, one of the leading cryptocurrency exchange platform in the world…

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Exchanges Round-Up: Chinese Court Backs Coinnice Repatriation, CZ Demos Binance DEX

In recent news pertaining to cryptocurrencies, a Chinese court has rejected an appeal from a trader disputing a previous decision that mandated he repay the value of 5 BTC accidentally credited to his Coinnice account, the CEO of Binance has demonstrated the company’s upcoming decentralized exchange (DEX), and Okex’s head of operations has discussed the…

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The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with Mistertango

Covered in The Daily on Friday are several announcements crypto users may find interesting. Ledger has added support for 8 new coins and crypto exchange Okex is launching a white label platform. Also, Exmo will offer its European users faster payments and transfers in partnership with Mistertango, and Estonian startup Citowise has integrated credit card…

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OKEx Pours 2,500 Bitcoin (BTC) To Help Cover Huge Futures Loss, Traders Still Face Significant Clawback

Traders on the OKEx futures market will have to absorb a loss of 1,200 BTC, worth about $9 million, after one player made a risky bet. OKEx futures traders will have to absorb losses of 1,200 BTC, after the force-liquidation of a huge position in futures contracts. The exchange intervened at the last moment, injecting…

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The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents

In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership. Also read: Minsk…

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OKEx To Launch Security Token Trading Platform with Malta Stock Exchange

The upcoming OKMSX exchange will target big investors and is planned to start in the first months of 2019. OKEx, one of the leading crypto markets, has signed a partnership with Malta Stock Exchange (MSX) for the development of a new trading platform for security tokens, OKEx announced on Thursday. The joint initiative aims to…

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OKEx Upgrades To Support New TRON (TRX) Tokens ⋆ ZyCrypto

Just after a month and few days after the Tron platform launched its main net, exchanges are still upgrading their servers to support the new tokens which are native to the new platform just launched. The OKEx cryptocurrency exchange happens to be one of the first to support the new tokens. In the light of…

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Tether Double-Spend Scare Shows That Exchanges Could Be At Risk

On Thursday, June 28, SlowMist — a private Chinese cybersecurity firm — divulged a potential double-spend in the use of Tether (USDT).  The company’s initial tweet, published in Mandarin Chinese, presented a USDT transaction that had been sent to an unnamed exchange with incorrect field values. This, in effect, allows people to be credited for…

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OKEx Confirms Platform Is Safe from Alleged USDT Deposit Issue

AdChoices The cryptocurrency industry has grown tremendously over the past few years. An influx of new users has occurred, although it seems there has also been a lot more attention from criminals. As such, exchanges need to be wary of any developments which could pose a threat to their businesses. The recent USDT fake deposit…

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OKEx Announces Expansion to Blockchain-Friendly Malta – Blockchain News

The digital asset exchange OKEX Technology Company Limited (OKEx) announced last week that it is expanding its operations to Malta. OKEx, explained that it made the decision after company executives met with Maltese government officials to understand the country’s regulatory framework. “We look forward to working with the Malta government as it is forward-thinking and…

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OKEx Begins Recruiting Investors for New Programme

Cryptocurrency exchange OKEx is launching an investment programme called ‘Prime Investors’, according to a company press release. It will begin today. The goal is to create a platform which brings together professional investors and blockchain projects with “high qualifications”. It is looking for investors who are experienced in blockchain investment so as to ensure the…

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Binance and Bitrex List Better Coins Than Their Competitors, Study Says

With the recent boom in the demand for cryptocurrencies, a certain set of firms have enjoyed massive profits – the cryptocurrency exchanges. However, the rapidly rising number of tokens on the market, including many fake ones, has made it very tough for exchanges to choose the right coin to list for trading. According to a recent…

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Are Cryptocurrency Exchanges Lying About Their Volumes?

A dramatic piece written by cryptocurrency trader Sylvain Ribes, published in Medium, claims to reveal that a large part of the trading volumes claimed by some major cryptocurrency exchanges is actually fictitious. Ribes says that his investigation reveals that more than 3 billion USD of daily volume is completely made up. He identifies the biggest…

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Chinese Internet Regulators Block Cryptocurrency Exchanges on Social Media

Despite all its previous efforts to prevent the people it rules from engaging in the online trading of cryptocurrencies, the Chinese government is taking further action to deter the practice. According to reports, local internet users can still access the Chinese social media accounts of former-mainland exchanges abroad and regulators have now acted to prevent…

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