BitMEX Now Branded A “High-Risk” Bitcoin Exchange Following U.S. Government Charges The many milestones achieved this week in the crypto community has not erased the ups and downs in the industry. This month alone, two indictments have rocked the crypto space, and both have included two of Crypto’s high-profile personalities; Arthur Hayes and John McAfee. […]
Continue ReadingThe bank is shutting down the SWIFT network as protests rocked the country. The central bank of Kyrgyzstan has disabled cross-border transactions on the SWIFT financial network amid widespread unrest over the country’s disputed parliamentary elections. Aida Karabaeva, an official representative of the National Bank of the Kyrgyz Republic, announced a temporary suspension of SWIFT […]
Continue ReadingNOWPayments Review – An Easy to Integrate Crypto Payment Gateway NOWPayments is a custody-free cryptocurrency payment processor that simplifies the process of accepting and making crypto payments from all across the world. In this Altcoin Explorer, we deep dive into NOWPayments, a cryptocurrency payment gateway that allows merchants to seamlessly accept and make payments in […]
Continue ReadingBitcoin, Ether, and XRP Weekly Market Update October 5, 2020 The total crypto market cap lost $6.7 billion of its value for the last seven days and now stands at $339.8 billion. The top 10 currencies are mostly in red for the same period with ChainLink (LINK) loosing 12.5 percent while Binance Coin (BNB) added […]
Continue ReadingBitcoin's correlation with traditional markets appears to continue. . Back and forth discussions with regard to a second stimulus package for the people of the United States have been ongoing for months. Today, President Trump decided to push the matter back until after the 2020 presidential elections have concluded. This appears to have resulted in […]
Continue ReadingBreaking: UK bans sale of Bitcoin, Ethereum and XRP derivatives to retail consumers The market for crypto-derivatives, e.g. Bitcoin, Ethereum, XRP and other cryptocurrencies has taken a severe hit. The UK Financial Conduct Authority (FCA) has banned its trading for retail customers. In the official announcement, the regulator declared that the above products are “harmful” to consumers for 5 main reasons. […]
Continue ReadingBitcoin Halving: How the Miners are Faring So Far On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since miners’ rewards for verifying blockchain transactions are usually trimmed by 50% […]
Continue ReadingThe cybersecurity millionaire and former presidential candidate sees new additions to his legal woes. Update: The Justice Department reports John McAfee has been arrested in Spain for tax evasion and is awaiting extradition to the United States. On Monday, the U.S. Securities and Exchange Commission filed suit against John McAfee for allegedly promoting initial coin […]
Continue ReadingADVN Stock Exchange: Bitcoin May Surfer Major Price Crash before November The high correlation between Bitcoin and Gold’s trend in the past few weeks could mean a major price fall for BTC as prominent investor Clem Chambers warns imminent crash across all stock markets including Gold. The CEO of the London-based stock exchange […]
Continue ReadingPeople continue to turn to Bitcoin and other cryptocurrencies to boost their profits even amid a pandemic. As the COVID-19 pandemic pushed the Egyptian economy into recession and deepening unemployment, more and more Egyptians see the benefits of trading and mining Bitcoin as an alternative source of income. According to Al-Monitor, many Egyptians, particularly young […]
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