cryptocurrency - The Urban Mine

Crypto Exchange Sells Thousands of Bitcoin for $6,000 Each Amid Surge in Market Volatility: Report

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Posted on February 26, 2021

The Philippine Digital Asset Exchange (PDAX) is recovering from a glitch that enabled some users to buy Bitcoin for about $6,000 per coin. It happened during a volatile stretch on February 16th as the price of BTC was dropping, reports the Philippines-based media outlet BitPinas. At the time, users also reported experiencing discrepancies in their

Altcoin Daily Names Top 8 Altcoins Poised To Erupt in March

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Posted on February 26, 2021

Crypto trader and Altcoin Daily co-founder Austin Arnold is naming eight altcoins that he believes will rally in March. In a new video, Arnold kicks off the list by spotlighting cross-chain peer-to-peer digital asset exchange Bondly (BONDLY). Arnold highlights that non-fungible tokens (NFTs) or digital collectibles is a fast-growing field and that Bondly, which recently

Three Arrows Capital CEO Says Bitcoin Could Hit $2,500,000 in Supercycle Top – Here’s Why

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Posted on February 25, 2021

Su Zhu, the co-founder and CEO of fund management firm Three Arrows Capital, is revealing an astronomical price prediction for the largest cryptocurrency by market cap. In a new interview with UpOnly, Su Zhu compares Bitcoin to gold, asserting that gold is likely undervalued and that in the long run, Bitcoin is primed to take

One of the Largest Banks in Switzerland Rolls Out Cryptocurrency Trading Services

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Posted on February 25, 2021

Bordier & Cie SCmA, one of Switzerland’s oldest banking institutions, now provides crypto trading services. In a new statement, Bordier says it is partnering with Sygnum Bank to incorporate its B2B banking platform into the firm’s infrastructure. The integration allows Bordier clients to buy, hold, and trade crypto assets on an execution-only basis, which means

MicroStrategy Has Now Amassed $4,500,000,000 Bitcoin Fortune

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Posted on February 25, 2021

In line with his firm’s efforts to maximize its Bitcoin holdings, MicroStrategy CEO Michael Saylor is announcing the completion of another whopping billion-dollar BTC purchase. Saylor says the company has purchased an additional 19,452 Bitcoin for a price of approximately $1.026 billion. “MicroStrategy has purchased an additional ~19,452 bitcoins for ~$1.026 billion in cash at

Crypto Project Backed by Billionaire Tim Draper Shutting Down Amid Scrutiny From SEC

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Posted on February 25, 2021

A US-based crypto project backed by billionaire venture capitalist Tim Draper is ceasing operations less than a year after its token launch. DeFi Money Market DAO (DMM), which allowed users to earn 6.5% APY on specific staked assets, has announced a sudden and permanent shutdown. Just one week prior to the news, the company held

This Crypto Sleuth Thinks He’s Uncovered Satoshi Nakamoto’s Secret Twitter Account

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Posted on February 25, 2021

A crypto researcher known as Varun says he may have found the secret Twitter account of anonymous Bitcoin creator Satoshi Nakamoto. In a new tweetstorm, Varum explains why he believes the Twitter account “Goldlover” likely belongs to the person who developed the leading cryptocurrency. The researcher cites a tweet that dates all the back to

Ripple Lawyer Says Crypto Companies Engaged With SEC, Concluded They Could Support XRP

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Posted on February 25, 2021

Crypto exchanges have as recently as 2019 asked the U.S. Securities and Exchange Commission (SEC) whether they could transact with XRP, and concluded they could move forward, according to new information surfacing from Ripple’s ongoing lawsuit. Lawyer and XRP enthusiast Jeremy Hogan sat in on Ripple’s digital pre-trial court hearing with the SEC on Tuesday,

Confusion Over Billion-Dollar Whale Transfer May Have Triggered Crypto Crash, According to On-Chain Analyst Willy Woo

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Posted on February 25, 2021

On-chain analyst Willy Woo says the recent Bitcoin sell-off may be due to false data surrounding a billion dollar whale transfer. In a new interview on the What Bitcoin Did channel, Woo says misguided fear over a whale dumping their $1.5 billion worth of Bitcoin may have been the catalyst that started the massive Bitcoin

Crypto Analyst Michaël van de Poppe Places Traders on Notice, Forecasts Path Ahead for Bitcoin and Altcoin Markets

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Posted on February 25, 2021

Cryptocurrency analyst Michaël van de Poppe is telling traders to be cautious, warning Bitcoin’s price is still vulnerable to downward pressure. In a new strategy session, the analyst says that the severity of the correction and the timing suggests that the flagship cryptocurrency could plummet in price further. “Are we done yet? I do not

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