Paxful has emerged as a winner over the incumbent LocalBitcoins P2P bitcoin marketplace, with its volumes showing a steady increase in recent times. Paxful and LocalBitcoins are both leading peer-to-peer Bitcoin marketplaces where users can buy, sell, and trade bitcoins. For years, the New York-based Paxful and the Helsinki-based LocalBitcoins have been locked in a healthy battle. As the crypto market continues to see more adoption, interest, and volumes, which…
Coin Crunch India
This column will provide our readers a basic update on what they can expect from the leading cryptocurrencies in the upcoming week.This is a weekly column. For more frequent updates on markets, join Sumnesh’s telegram channel Price Action Trading. BTC bounced back sharply after giving a weekly close below support mentioned earlier (9075 USDT). It continues to remain range bound now for several months as the volatility indices on BTC hit…
Users report receiving calls from Axis bank and asked to sign a declaration to not trade virtual currencies. Local Branches threaten to freeze the account. It has been over 4 days since reports started pouring in from users about how banks are calling and asking if they are using their account for cryptocurrency trading. Almost all the reports say Axis Bank representatives are calling them and asking if they use…
Update note: The article has been updated after Cashaa released more information about the hack and loss of funds. Cashaa has become the latest in a long line of cryptocurrency exchanges which has lost Crypto funds to an attack. 336 bitcoins were stolen from an OTC partner of the exchange on Friday afternoon after an “OTC transaction Manager” logged into his system and made two transfers from the company’s wallet.…
This column will provide our readers a basic update on what they can expect from the leading cryptocurrencies in the upcoming week.This is a weekly column. For more frequent updates on markets, join Sumnesh’s telegram channel Price Action Trading. BTC gave a weekly close (yesterday’s closing price) right below 9075 USDT (support mentioned earlier) for the first time after a month. However, the price has seen an upward push so far…
Contract trading might come off as a flamboyant task that requires a multitude of technical and market knowledge and expertise. This notion is likely what keeps aspiring traders away from indulging in the trading sector. The Bityard exchange wants to solve this problem, and seems to be focusing on aiding budding traders and elevating their trading experience with a novice-friendly environment. With their product concept of ‘Complex Contracts Simple Trade’,…
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