Author: dfmines

submitted by /u/AbsolutBadLad [link] [comments]

A statement threatening account closures for crypto activity causes mayhem before being deleted minutes later as FUD rules supreme on Bitcoin markets this week.

A crypto warning list is the main cause of the ban, according to the head of the Iran Blockchain Community.

I noticed on Friday night that the massive amounts of BTC shorts where being closed. Initially I thought this was profit taking. Then the % change fell to -11%. But BTC wasn't that low. This continued and is continuing with a total of nearly 20,000BTC shorts closed ($700 Million)/ ~66% https://www.viewbase.com/bitfinex_long_short_position Why would the whales…
Read more

The use of blockchain could discourage bad behavior because people would be tied to their posts forever, Frank McCourt said.

I recently got into a conversation with a kind gentleman who ended up sending me 740 moons. It was a neighbourly gesture and reminded me that a kind act can go a long way. What moved me even more was the fact that he sent his whole balance, too. Of course, I couldn't take it…
Read more

TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of fraudulent transactions on cryptocurrency purchases. Reportedly, transactions involving Binance, the cryptocurrency exchange behemoth, are involved in two-thirds of these fraud reports. A Binance representative denies these claims and said the exchange deals with complaints […]

Ever since we hit 30k about a month ago TA people on twitter, reddit etc have been constantly talking about an imminent breakout either up or down, usually up, yet the market does its own thing and crabs sideways, something only a few people expected, most of whom used no TA to figure it out.…
Read more

submitted by /u/SolidusViper [link] [comments]

BTC/USD sheds $1,000 almost instantly as China’s third-largest bank puts the cats amongst the pigeons in early trading.