Binance Now Supports Crypto Purchases With Credit Cards

Binance has finally joined the fiat-on-ramp party, adding support for crypto purchases using credit cards. This is made possible through its integration with payment processor Simplex, according to a press release shared with Bitcoin Magazine.The credit card option has a daily limit of $20,000 per user and $50,000 monthly limit per user. For every transaction ...

Read More »

B2C2 Gets Go-Ahead from U.K. Regulators to List Bitcoin Derivative

B2C2, a cryptocurrency “liquidity provider” and electronic OTC trading magnate, has recently announced that British regulators have given their U.K.-based subsidiary approval to offer the crypto space a new investment derivative.According to a press release shared with Bitcoin Magazine, the British Financial Conduct Authority (FCA) has authorized B2C2 OTC Inc. “to arrange and deal in Contracts for Difference (CFDs) with ...

Read More »

Cboe Files (Again) for (Yet Another) Bitcoin ETF

That didn’t take long.Barely a week after the Chicago Board of Exchange (Cboe) withdrew its application with the U.S. Securities and Exchange Commission (SEC) to list the world’s first bitcoin exchange traded fund (ETF), the exchange and its partners, VanEck and SolidX, are back at it.Gabor Gurbacs, the director of digital asset strategy at VanEck Asset Management, broke the news ...

Read More »

Chainalysis: Darknet Market Activity Nearly Doubled Throughout 2018

Darknet markets are going as strong as ever, if Chainalysis data is to be believed.In its latest Crypto Crime Report, published earlier this week, blockchain analytics firm Chainalysis reports that darknet market activity has nearly doubled throughout 2018. After a slump in late 2017 and early 2018 due to the closure of two major online marketplaces for illicit activity — ...

Read More »

Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament

Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 26 countries.Launched in 2011 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country. Now, the exchange operates out of Singapore, and today’s expansion will ...

Read More »

Bitcoin 2019: A Peer-to-Peer Conference for the Whole Bitcoin Community

The first major Bitcoin conference, Bitcoin 2013, was held in San Jose, California. Organized by the Bitcoin Foundation, it was centered on Bitcoin specifically and the more pragmatic issues that Bitcoin was trying to solve, particularly in the areas of Bitcoin technology, Bitcoin mining, Bitcoin business and regulatory issues.Writing for Bitcoin Magazine at the time, Vitalik Buterin commented, “For long-time ...

Read More »

Fidelity’s Bitcoin Custody Service Could Launch This March

Fidelity Investments, one of the world’s largest asset managers, is breaking into bitcoin custody.According to a recent report from Bloomberg, three people “with knowledge on the matter” from firms in contact with Fidelity have said that the company is tentatively planning to launch a custody service for bitcoin in March.This move would fall in line with the company’s recent pushes ...

Read More »

Phishing Scam Hits LocalBitcoins, Clients Lose Funds

On January 26, 2019, clients of peer-to-peer bitcoin trading service LocalBitcoins were the targets of a phishing scam which resulted in the theft of a handful of bitcoins.The Scam’s OperationReports claimed that the attacker was able to conduct the scam thanks to a security vulnerability on the LocalBitcoins platform. The landing page of the site’s forum reportedly was hacked, leading ...

Read More »

Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it ...

Read More »