CryptoNews Trending @cryptonewstrending - Tumblr Blog

Hello world!

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

source https://www.cryptonewstrending.com/2021/01/19/hello-world/

Tracing The Growth Of Bitcoin In Pakistan

Bitcoin is currently banned by the State Bank of Pakistan and it’s illegal for businesses, banks and other entities to trade bitcoin in the jurisdiction of Islamic Republic of Pakistan. But Pakistan is the world’s fourth-largest country by population, and about 50 percent of the population is between the ages of 15 and 40, and only about 4 percent is over the age of 65. So, bitcoin adoption in Pakistan is increasing at a fast pace, even though it’s banned by the State Bank of Pakistan. Many freelancers working in…

The post Tracing The Growth Of Bitcoin In Pakistan appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/tracing-the-growth-of-bitcoin-in-pakistan/

Most Of LINK Is Controlled By 125 Wallets According To Latest Data

Most of LINK, or about 80% of it is controlled by 125 wallets according to the latest data provided by Glassnode that we have in our Chainlink news today. According to the market data aggregator Glassnode, most of the LINK tokens, or about 81% of them, are controlled by 125 wallets which record-high levels of centralization. Glassnode’s data found that about 81% of the coins not held on exchanges of smart contracts are stashed in 125 wallets with the number of tokens held by whales increasing over the past 2…

The post Most Of LINK Is Controlled By 125 Wallets According To Latest Data appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/most-of-link-is-controlled-by-125-wallets-according-to-latest-data/

Bitstamp Introduces KYC Rules For Dutch Traders: Report

Bitstamp introduces KYC rules for all Dutch traders which means they can no longer make withdrawals without providing additional information and photo proof that confirms they own the wallet so let’s read more in today’s cryptocurrency news. Digital asset exchange Bitstamp banned the Netherlands-based users from withdrawing crypto to external wallets without initially confirming that they own the address. According to the letter issued by Bitstamp that was shared on Twitter by user “Bitcoin Marcus” all of the Dutch users will have to submit a third-party address alongside photo proofs…

The post Bitstamp Introduces KYC Rules For Dutch Traders: Report appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/bitstamp-introduces-kyc-rules-for-dutch-traders-report/

Interview: Cryptograffiti On “Bitcoin Vs. The Fed”

Listen To This Episode: Apple Spotify Google Libsyn Overcast I had the opportunity to sit down with legendary Bitcoin activist/artist cryptograffiti this week to discuss his latest project, “Bitcoin Vs. The Fed.” You have probably seen cryptograffiti’s art before. He’s well known for his mosaic pictures of Hal Finney and JPMorgan Chase & Co. boss Jamie Dimon, but he’s best known for his art piece “United Nodes Of Bitcoin,” which depicts a U.S. $1 bill with a hooded George Washington and subtle nods to Bitcoin propaganda throughout. Source In our…

The post Interview: Cryptograffiti On “Bitcoin Vs. The Fed” appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/interview-cryptograffiti-on-bitcoin-vs-the-fed/

Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion

Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of publication, both bitcoin futures and options open interest has been rising significantly. For instance, researchers at skew.com recently tweeted that “bitcoin futures open interest [is] quickly bouncing back to a new all-time high.” Skew also…

The post Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/crypto-derivatives-surge-bitcoin-options-open-interest-climbs-to-9-6-billion/

e-Toro Is Looking to Possibly Limit How Much BTC You Can Buy

e-Toro – one of the world’s largest cryptocurrency trading platforms – has put out a notice to its customers warning them that the company may be instilling various limits on purchase orders in the coming weeks. e-Toro: We May Have to Implement Buying Limits The announcement came in response to what the company calls an unprecedented demand for bitcoin and cryptocurrencies. With the recent spikes experienced by bitcoin (the asset is currently up to $36,000, about 300 percent higher than where it stood early last year) and many of its…

The post e-Toro Is Looking to Possibly Limit How Much BTC You Can Buy appeared first on CryptoNewsTrending.

source https://www.livebitcoinnews.com/e-toro-is-looking-to-possibly-limit-how-much-btc-you-can-buy/

CoinShares Is Launching a Physically-Backed Bitcoin ETP on the SIX Swiss Exchange

Key highlights: CoinShares will be listing a physically-backed Bitcoin ETP on SIX Swiss Exchange The CoinShares Physical Bitcoin product is traded like a stock, and is backed by BTC held by CoinShares The product will be trading under the ticker BITC and will start with an AUM of around $200 million CoinShares is launching a physically-backed Bitcoin ETP Cryptocurrency asset manager CoinShares will be launching a Bitcoin exchange-traded product (ETP) on the SIX Swiss Exchange, the largest stock exchange in Switzerland. As per a Bloomberg report, the product is called…

The post CoinShares Is Launching a Physically-Backed Bitcoin ETP on the SIX Swiss Exchange appeared first on CryptoNewsTrending.

source https://coincodex.com/article/10406/coinshares-is-launching-a-physically-backed-bitcoin-etp-on-the-six-swiss-exchange/

Millions in USDT Moved & Minted at Tether Treasury, Analyst Peter Brandt Casts Doubts Over Tether And BTC Pumps

Updated: 100 Million Tether [USDT] were earlier moved to an unknown wallet and another 400 Million USDT is reported to be minted from Tether treasury. The movement of 100 Million USDT was followed by a decent pump in Bitcoin price, reaching a local high of $39,833 at the time of reporting. Is it just a coincidence? Many notable analysts including Peter Brandt have compared Tether [USDT] similar to the money pumped by FED and Central Banks. Millions in Tether Minted and BTC price Pumps, A coincidence? The Tether FUD is…

The post Millions in USDT Moved & Minted at Tether Treasury, Analyst Peter Brandt Casts Doubts Over Tether And BTC Pumps appeared first on CryptoNewsTrending.

source https://coingape.com/100-million-usdt-moved-from-tether-treasury-analyst-peter-brandt-casts-doubts-over-btc-pumps/

Are bitcoins easy to mine?

Bitcoin is at par with the market’s leading commodity- Gold due to its high value in the financial market. It is often termed “Digital gold.” Like gold mining happens from the earth’s surface, bitcoins, with the help of computers. Bitcoin is the most dominant crypto-currency since its start in 2009. It has existed for more than a decade now, with many individuals and high-tech companies trying to hold on to bitcoins to achieve innovative features that they can use in their daily lives. Satoshi Nakamoto is to be the pseudonymous…

The post Are bitcoins easy to mine? appeared first on CryptoNewsTrending.

source https://thebitcoinnews.com/are-bitcoins-easy-to-mine/

Russian Crypto Exchange Shuts Down Amid Accusations of Exit Scam

The Russian cryptocurrency exchange Livecoin has shut down amid accusations that it has pulled an exit scam. Customers are unable to withdraw their funds and have been asked to provide extensive identifying information which they fear would lead to identity theft. The exchange claims that it was hacked in December. Livecoin Crypto Exchange Closes Down The Russian cryptocurrency exchange Livecoin announced Saturday the decision to close down its platform. The exchange claimed in December that it was hacked. As news.Bitcoin.com reported, hackers supposedly manipulated the prices of several major cryptocurrencies,…

The post Russian Crypto Exchange Shuts Down Amid Accusations of Exit Scam appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/russian-crypto-exchange-shuts-down-amid-accusations-of-exit-scam/

NVIDIA Could Enter The BTC Mining Market Again: Report

NVIDIA could enter the BTC mining market and could restart the product line that is geared towards BTC and other crypto miners so let’s read more in today’s Bitcoin news. NVIDIA makes graphics processing units for video games consoles and hardware but it was sued by investors in 2019 over underreporting its reliance on purchases for crypto mining rigs as the CFO of the company said that if the demand increases, the company will restart GPU products for the crypto miners. The total market of the crypto market doubled in…

The post NVIDIA Could Enter The BTC Mining Market Again: Report appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/nvidia-could-enter-the-btc-mining-market-again-report/

ETH Smashed Key Resistance, Poised For A New ATH Rally

ETH smashed key resistance again, over the $1250 point against the US Dollar which is why the analysts think that the coin is poised for a new ATH rally in the near-term as we are reading more in today’s Etheruem news. ETH’s price is trading over $1300 and will likely speed up further in the near-term. The coin is gaining momentum above the $1250 level and the $1280 resistance levels with more positive signs above $1300 and the 100 hourly simple moving average. There was also a break above the…

The post ETH Smashed Key Resistance, Poised For A New ATH Rally appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/eth-smashed-key-resistance-poised-for-a-new-ath-rally/

Binance Destroys $165M in BNB with Latest Coin burn, Highest to Date

Quick take: Binance has carried outs its highest quarterly coin burn to date 3,619,888 BNB or $165,791,000 worth of BNB, was removed from circulation forever Binance has released details of its new accelerated BNB coin burn program The old plan would take 27 years to complete with the accelerated version compressing it to 5 – 8 years The crypto exchange of Binance has just carried out its largest quarterly coin burn ever. According to the team at Binance, the 14th quarterly coin burn removed 3,619,88 BNB from circulation with the…

The post Binance Destroys $165M in BNB with Latest Coin burn, Highest to Date appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/binance-destroys-165m-in-bnb-with-latest-coin-burn-highest-to-date/

Deribit Adds the Ethereum $20k Strike to its Dec. 21 ETH Options

Quick take: Deribit has just announced the addition of the ETH $20k strike to its December 2021 options contracts Such a strike price points towards a demand for such a product by Ethereum bulls Ethereum has just set a new all-time high of $1,438 and looks keen to keep moving up The crypto derivatives exchange of Deribit has just added the Ethereum $20k strike to its December 2021 ETH options contracts. The team at the exchange announced the addition via the following tweet. We’ve introduced the $ETH 20k strike in…

The post Deribit Adds the Ethereum $20k Strike to its Dec. 21 ETH Options appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/deribit-adds-the-ethereum-20k-strike-to-its-dec-21-eth-options/

Ethereum Rallies Towards All-Time Highs as BTC Stalls; What Analysts are Saying

Ethereum has seen a monumental rally throughout the past couple of days, with bulls taking full control over its price action This has come as BTC remains relatively stable in the upper-$30,000 region, with its stability giving altcoins the chance to rally ETH has yet to set fresh all-time highs despite its recent gains, but the crypto could be on the cusp of surging even higher as it begins establishing some support just below its current price One analyst is now pointing to a fractal showing Bitcoin’s reaction to its…

The post Ethereum Rallies Towards All-Time Highs as BTC Stalls; What Analysts are Saying appeared first on CryptoNewsTrending.

source https://www.newsbtc.com/news/ethereum/ethereum-rallies-towards-all-time-highs-as-btc-stalls-what-analysts-are-saying/

Binance Burns $160 Million Worth of BNB in Largest Binance Coin Burn Ever

Key highlights: The Binance cryptocurrency exchange has burned 3.6 million BNB, worth around $160 million This was the largest ever quarterly BNB burn by Binance Binance saw all-time highs in trading volumes and user traffic in Q4 2020 Binance completes its largest ever BNB burn The Binance cryptocurrency exchange has completed its largest every quarterly BNB burn both in terms of the absolute number of tokens burned and their value in USD. BNB was first issued by Binance through an ICO the exchange held in 2017 before it was launched.…

The post Binance Burns $160 Million Worth of BNB in Largest Binance Coin Burn Ever appeared first on CryptoNewsTrending.

source https://coincodex.com/article/10404/binance-burns-160-million-worth-of-bnb-in-largest-binance-coin-burn-ever/

Trending Blogs

Recently Viewed Blogs

CryptoNews Trending