There are probably 100 reasons why a cryptocurrency exchange may shut down, the most probable one is usually a serious hack or weak "link" somewhere. Another reason is simply stolen funds. However, the Polish crypto exchange Bitmarket has shut down because of lack of liquidity. The exchange started operating in 2014. It has just announced…
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Bitcoin just keeps chugging along, continuing its five-month intermittent surge routine, having blasted off from its $3,130 launch pad in December and now currently toying with $13,000. In the not too distant past, when Bitcoin took a breather from its “surge routine”, its altcoin brethren had a habit of surging, as well, benefiting from a…
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While Bitcoin may dominate the cryptocurrency headline space, there are definitely many other coin programs in the Crypto-verse that might command your attention from time to time, if not for investment purposes, then for their “use cases” in the world of blockchain innovation. According to Coinmarketcap.com, there are over 2,300 token programs at last count,…
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The UK’s regulatory watchdog was in the press again yesterday. Per its press release: The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of derivatives and exchange traded notes (ETNs) referencing certain types of cryptoassets. The FCA considers these products are ill-suited to retail consumers who cannot…
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Critics of Bitcoin have often pointed to its price volatility as an issue and reason why it could never be considered a secure “store of value”, but a Wall Street veteran of 22 years, Caitlin Long, has built an intellectual argument, which posits that, by design, the world’s favorite cryptocurrency provides systemic stability versus price…
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After rocketing toward $14,000, Bitcoin is now struggling to find support at the $10,000 level. It fell below this important benchmark for a short period, but has now rebounded back to the $10,600 plateau. Several noteworthy analysts predicted that a test of this territory had been missed weeks back and might occur, but others have…
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As traders, we are always taught to search for unique patterns in pricing behavior in the market that repeat under certain conditions, the idea being to get an “edge” that will tip the odds in our favor. By following this tried and true advice, one can achieve the necessary 60%+ record of net-dollar trade gains,…
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Bitcoin’s recent display of stable pricing behavior has given way in the past week to turbulent times, once again. Investors are witnessing the volatility to which they had become very accustomed, but just as violent swings in value became the norm, the world’s favorite cryptocurrency has slowly but surely regained its dominance in the crypto…
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The news around cryptocurrency exchanges are not always exciting, as the most common news is about stolen funds and illegal activity. Just recently, hackers stole $40 million worth of crypto from Binance. As Leaprate reported back in May, 2019: "The stolen amount is equal to 7,000 Bitcoins. Not only did the hackers steal the staggering…
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The crypto revolution is gaining momentum. Bitcoin prices have soared past $12,600 and show no signs of slowing down. Unfortunately, hacking compromises, scam losses, and other nefarious methods of deception are also skyrocketing, as the seamy underbelly of the crypto-verse continues to make its presence known. Cryptocurrency theft is proliferating in all quarters, leveraging the…
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