crypto traders

OTC Spreads Exceeded 10% Amid Bitcoin’s Violent March Crash

Source Node: https://cointelegraph.com/news/otc-spreads-exceeded-10-amid-bitcoins-violent-march-crash
Time Stamp: April 8, 2020 8:52 AM - Modified On: May 21, 2021 - Published By:
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Over-the-counter (OTC) liquidity provider B2C2 has published a report analyzing the trading spreads exhibited across its Bitcoin (BTC) market and three leading institution-facing spot exchanges throughout March.The study finds that spreads widened significantly amid the dramatic crash of March 12–13, the largest drop in the price of Bitcoin since 2013.Bitcoin order spreads exceed 10% immediately on March 13As the crash began on March 12, bid-ask spreads for batches of 25 BTC bounced from close to single-digit basis points to 200 on its platform — equating to roughly 5%. The report also

Retail Bought $3.7K Bitcoin Price Dip on Record $76B Volume: Report

Source Node: https://cointelegraph.com/news/retail-bought-37k-bitcoin-price-dip-on-record-76b-volume-report
Time Stamp: April 4, 2020 5:54 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time. According to an exchange report released by CryptoCompare, Bitcoin (BTC) trading volume saw record-breaking numbers throughout the month.Cryptocurrency market daily view. Source: Coin360The March 13 market crash that brought the Bitcoin price from $8,000 to a low of $3,800 in 24 hours registered the biggest day for crypto in terms of trading volumes registered at Bitcoin spot markets. On March 13 alone, total daily volumes

Crypto Traders Allegedly Involved in a $35m Ponzi Scheme

Source Node: https://cointelegraph.com/news/ecrypto-traders-allegedly-involved-in-a-35m-ponzi-scheme
Time Stamp: April 3, 2020 1:02 PM - Modified On: May 21, 2021 - Published By:
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Three alleged cryptocurrency traders ran a Ponzi scheme which scammed more than 100 investors for over $35 million, according to a lawsuit filed by an entity formed by the victims in a federal court of Florida, United States.According to an announcement published on April 2, Q3 Investment Recovery Vehicle, who represents defrauded investors, accused the trio of alleged crypto traders of cheating victims by promising them a winning trading formula. Former NYSE and Wells Fargo workers among the accused The federal securities fraud case names three individuals as the primary perpetrators of

Spanish Tax Watchdog Puts 66,000 Crypto Traders on Notice

Source Node: https://cointelegraph.com/news/spanish-tax-watchdog-puts-66-000-crypto-traders-on-notice
Time Stamp: April 3, 2020 12:26 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The Spanish tax authority has begun sending out warning notices to 66,000 cryptocurrency holders to remind them of their tax obligations.According to Europa Press, the Agencia Estatal de Administración Tributaria (AEAT) began the campaign on April 1, and will keep firing off letters until June 30 in the midst of the national COVID-19 crisis.The 66,000 notices represents a sharp increase from 2019, the first year of the campaign, when a reported 14,700 notices were sent out. The tax watchdog is also targeting those who earn income abroad and from real estate

Nigeria Launches Its First Bitcoin ATM

Source Node: https://insidebitcoins.com/news/nigeria-launches-its-first-bitcoin-atm/256256
Time Stamp: April 2, 2020 11:46 AM - Modified On: August 29, 2021 - Published By:
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The largest country in Africa, Nigeria, is becoming savvier in the crypto sphere by the day. It recently launched its first Bitcoin ATM, which is also the fifteenth in the entire continent.Blockstale BTM installs ATMThe ATM was installed in the Dazey Lounge and Bar in the state of Lagos by Blockstale BTM. It plans to start 30 more terminals across the country. Daniel Adekunle, the founder and chief executive of the company said,“Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in

Nigeria Becomes Eighth African Nation to Welcome Bitcoin ATMs

Source Node: https://cointelegraph.com/news/nigeria-becomes-eighth-african-nation-to-welcome-bitcoin-atms
Time Stamp: April 1, 2020 3:01 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Africa’s largest country has welcomed its first Bitcoin ATM.Blockstale BTM, the company that installed the ATM in the Dazey Lounge and Bar in Lagos state, plans to launch more than 30 more terminals across Nigeria.“Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in Africa,” Blockstale’s chief executive and founder, Daniel Adekunle, told local media on April 1. Adekunle developed his Bitcoin ATMs in partnership with a tech firm based in Shenzhen, China.Nigeria welcomes Africa’s 15th Bitcoin ATMDespite being home to the largest

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-1-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 1, 2020 3:00 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current crisis shows that it has arrived on the big scene and that it can weather a storm better than some of the traditional asset classes. This is likely to attract several institutional players to Bitcoin.Now, what can we hope for during the second quarter? Bitcoin has a very important halving event coming up next