Long Altcoins Instead of Shorting Bitcoin, Says Crypto Analyst – Ethereum, Ripple, Litecoin, Cardano, Tron, NEO

In the light of the last days’ Bitcoin rally, many are expecting Alts to make a  strong push after bitcoin cools off. Every time bitcoin spiked, Altcoins suffered but then the inevitable happened. This is the scenario most of the crypto analysts see. Here it is what some crypto analysts say.

Bitcoin vs. Altcoins

Of course, many bitcoin maximalists will say that altcoins are not worth it but it is because of altcoins that many OG,s became rich in bitcoins. During the bear market, Altcoin holders suffered the biggest losses and maybe this time determines which altcoins will die.… Read the rest

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Binance Will Resume Deposits and Withdrawals on Tuesday

The recent Binance hack made a lot of news headlines in the last days. Even “reorg ” memes appeared everywhere. The crypto exchange announced yesterday on their official blog that they will resume deposits and withdrawals on Tuesday but did not specify the exact time. Also, the announcement stated that trading will be suspended during the update.

The Binance blog stated:

“We aim to fully resume deposits and withdrawals on Tuesday. The time will be communicated at a later stage, depending on how the testing goes. This upgrade will require a trading halt. We will update you again tomorrow.”

The … Read the rest

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Was Binance Really Hacked Losing 7,000  Bitcoin in a Single Transaction?

Obviously, everyone’s eyes in the crypto world today are pointed to Binance, amid the announced hack of 7,000 bitcoin or nearly $40 million worth of Bitcoin. Quickly conspiracy theories started to build up implying that the occurrence probably might not have been really a hack.

Unclear Statements from Binance

Tuesday, Binance, the largest crypto exchange in the world, announced that it was hacked losing 7,000 BTC which are worth around $40 million at the actual bitcoin price

They clearly state in the announcement that the security breach did not target Binance’s safety measures, but instead had the clients as a … Read the rest

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Bakkt – Bitcoin Physically Settled Futures Contract Poised for Green Light

Bitcoin price is making a 10% rally each day for the last two days. Positive news ahead of 2019 as Bakkt, the first futures that will pay in bitcoin is expected to get soon approval from regulators.

The last bull run in crypto markets started before the launch of CME and CBOE futures back in December 2017 when bitcoin price hit $20,000. After that, the price dropped more than 80 in the 2018 bear market.

The futures launched by New York Stock Exchange owner Intercontinental Exchange is targeting institutional players who have avoided cryptocurrency because of worries that they … Read the rest

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