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    Bitcoin Powers Up To Its Highest Price By Hitting $16,000 As FOMO Grips The Markets
    Crypto News Point
    • Nov 7, 2020
    • 2 min

    Bitcoin Powers Up To Its Highest Price By Hitting $16,000 As FOMO Grips The Markets

    A report said that Bitcoin has powered up to its highest price since January 8, 2018, by hitting $16,000 as FOMO grips the markets once again. It has been reported that in a move upward that has added more than 12% over the past 24 hours, Bitcoin prices touched their highest levels in 33 months, reaching $15,980 during early trading in Asia on November 6. However, the $16,000 level may form resistance since there were two weekly closes at $16,100 in early January 2018, so if
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    Bitcoin Hits $12,865 During Trading On October 21 As PayPal Supports Cryptocurrency To Boost Markets
    Crypto News Point
    • Oct 22, 2020
    • 2 min

    Bitcoin Hits $12,865 During Trading On October 21 As PayPal Supports Cryptocurrency To Boost Markets

    Bitcoin (BTC) hits $12,865 during trading on October 21 as PayPal would support four cryptocurrencies to boost markets in 2021. It has been reported by data from Cointelegraph Markets, Coin360, and TradingView that Bitcoin’s best day in over a year as 24-hour gains topped 7%. However, the report said that hours after rising to $12,400, BTC/USD crossed $12,500 to only see resistance at just below $13,000. Today, we are announcing the launch of a new service that will enable cu
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    Crypto-Focused Bank ‘SEBA Bank AG’ Expands Into 9 Markets
    Crypto News Point
    • Dec 2, 2019
    • 2 min

    Crypto-Focused Bank ‘SEBA Bank AG’ Expands Into 9 Markets

    SEBA Bank AG, a fully operational crypto-focused bank based in Switzerland, is expanding into nine other markets. Swiss Licensed Crypto Bank Expanding Into 9 Markets https://t.co/nwltO713zo A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authori… pic.twitter.com/KszPOdvMzx — CryptoPost (@crypto_PST) December 1, 2019 With a banking and
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    Bitcoin Above $9,300 Price Mark While Stellar Took A 20% Gain
    Crypto News Point
    • Nov 6, 2019
    • 2 min

    Bitcoin Above $9,300 Price Mark While Stellar Took A 20% Gain

    Crypto prices are continuing to show upward movement across the market. Bitcoin (BTC) is hanging above the $9,300 price mark while Stellar took a moon shot with more than 20% gain. During the large part of the day, Bitcoin was trading close to $9,400 price mark, however, in recent hours, it moved downwards. BTC traded at an intraday high of around $9,465 before losing ground towards its current trading price of around $9,311. ‘Bitcoin Should Begin To Show Bullish Behavior’ Bi
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    China: WeChat Searches for ‘Blockchain’ and A-Share Stocks Skyrocket
    Crypto News Point
    • Oct 29, 2019
    • 2 min

    China: WeChat Searches for ‘Blockchain’ and A-Share Stocks Skyrocket

    Chinese Blockchain A-share firms have maxed out to 10% daily limit on their stocks after an endorsement of the technology from the highest echelons of power. On Oct. 28 the Global Times reported the stock market rally. Moreover, the President of China Xi Jinping had called for the country to accelerate in adopting blockchain technologies to drive innovation and industrial transformation. On Oct. 28., Reuters reported that the head of the technology department at the People’s
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    Korean Crypto Market Is ‘Pretty Dead’, Says Primitive Ventures Founder
    Crypto News Point
    • Oct 24, 2019
    • 2 min

    Korean Crypto Market Is ‘Pretty Dead’, Says Primitive Ventures Founder

    Co-founder of Primitive Ventures, Dovey Wan says on the outflow of traders while the Korean market shows a considerable decline in the crypto market. Korea market is pretty dead … even with fiat on-ramp the highly speculative community there is VERY fatigued due to low volatility too (and it’s saturated long before imo) The fact that Bitthumb started Bitthumb global initiative to expand globally says so 🧐 — Dovey Wan 🗝 🦖 (@DoveyWan) October 21, 2019 The activity on Bith
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    Binance Raises Max Margin, Leverage on Bitcoin Futures to 125X
    Crypto News Point
    • Oct 20, 2019
    • 2 min

    Binance Raises Max Margin, Leverage on Bitcoin Futures to 125X

    Binance futures platform has increased the leverage on Bitcoin (BTC)/Tether (USDT) contracts to 125x. Support for the contracts went live at 9:00 am UTC with the traders being able to select 1x-125x leverage. The press release stated: “At 125x leverage, a 100 USDT collateral deposit on Binance Futures will allow users to hold 12,500 USDT in BTC.” Risk Balancing With Efficiency High leveraged trading is introduced using a “sophisticated risk engine and liquidation model,”. It
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    CME Group Expects New Bitcoin Options to See High Demand in Asia
    Crypto News Point
    • Oct 13, 2019
    • 1 min

    CME Group Expects New Bitcoin Options to See High Demand in Asia

    The Chicago Mercantile Exchange (CME) Group’s forthcoming Bitcoin options are expecting to see a high demand in Asia. CME Group’s global head of equity index and alternative investment products, Tim McCourt said that the ‘new crypto derivative product is expected to prove as popular as the exchange’s existing BTC futures’ as reported by South China Morning Post on Oct. 10. Miners Can Hedge Their Cost According to the report, as much as half of the volume for CME’s current BTC
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