Trading


Markets

Bitcoin, SHIB Trade at 30% Haircut on WazirX as Exploiter Converts Stolen Loot to Ether

The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto community aren’t buying that narrative.

hacker (Cybercrime / Getty Images)

Tech

Mt. Gox Creditors Reportedly Hit By Failed Login Attempts Amid Repayments

The Mt. Gox claims portal “is temporarily down for maintenance” as of Asian morning hours Thursday, the site shows.

(CoinDesk)

Markets

XRP Surges 12% on the Back of Triangle Pattern, Rising Futures Bets Favor Bullish Price Moves Ahead

Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead.

(Giovanni Calia/Unsplash)

Markets

Bitcoin Bulls Eye $70K Amid Donald Trump's Rising Chances of Returning as President

“BTC could hover around the 120-day moving average, and the price may have the momentum to go up to $68k or even $70k, but we need to continue to monitor closely the Fed policies and implications of Mt Gox,” one trader said.

Bulls fighting. (Bykofoto/Shutterstock)

Finance

A Crypto Trading Clampdown Expands Beyond Binance to Another Large Exchange

The second-largest crypto exchange, OKX, asked key trading firms for more information about their clients, in what appears to be an effort to root out misuse of a VIP fee program.

Crypto exchanges are clamping down on fees. (Matt Artz/Unsplash)

Markets

XRP Is the Sole Crypto Major in Green as Bitcoin Bulls Remain Sidelined

Some traders consider the current price lull to be stemming from market participants remaining “on the sidelines” amid sales pressure from defunct exchange Mt. Gox and the German state of Saxony.

Bull and Bear (nosheep/Pixabay)

Markets

Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset

Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Markets

Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader

Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out.

(sergeitokmakov/Pixabay)

Markets

Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges

The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment.

(Allef Vinicius/Unsplash)

Markets

Bitcoin Cash's Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity

Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity.

Liquidity for bitcoin cash has dried up, amplifying a price drop related to the Mt. Gox repayments. (daeron/Pixabay)