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Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy

Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company.

Business Korea reportedon Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration. Coinbin’s CEO Park Chan-kyu claimed that the move was “due to a rise in debt following an employee’s…

Bitcoin (BTC) Price Under Pressure But Fundamentals Are Very Bullish

Bitcoin prices under pressure

Adoption on the rise as Venezuela is the poster country for crypto

Transaction volumes drop days after Feb 24 drawdown

In an uptrend, Bitcoin (BTC) is under immense pressure thanks in part to sell-off of Feb 24. Moving on, we expect bulls to reject lower lows as price action snap to trend and edge above $4,500 as our previous BTC/USD trade plans are validated.

Bitco…

NASDAQ to Add Liquid Indices Tracking Value of BTC and ETH

NASDAQ is planning to add new, third-party liquid indices, specifically tied to the value of bitcoin and ether.

Details were releasedon affiliate site nasdaqtrader.com, a domain name owned by The Nasdaq, Inc. The site claims that the two indices “are each designed to provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD.” To determine the most…

Coinsquare Acquires StellarX | Canadian Exchange Takes Over

Canada’s largest crypto exchange Coinsquare has acquired the StellarX DEX according to a press release published yesterday.

Under the terms of the agreement, StellarX will become a fully-owned subsidiary of Coinsquare and will now need regulatory approval to operate its service under the Coinsquare umbrella.

Coinsquare Acquires StellarX

Based in Bermuda, StellarX describes itself as “the first…

Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:

Figure 1: BTC-USD, Hourly Candles, Downward Drift

Downward-drifting markets like this can often be a sign that distribution is taking…

Bitcoin Price Analysis: BTC Explosion, Surge 8.4%

Bitcoin prices recover, find support from $3,400

Argentinians can now load their SUBE Travel Cards using Bitcoin

Transaction volumes picking up, Bulls are back

It was the objective of Satoshi Nakamoto to roll out a cash payment system. That is why efforts are being made to drive BTC to the mainstream, and aside from Wyoming, Argentinians using public transport means can load up their cards…