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BitMEX’s Samuel Reed Released on $5 Million Bond
BitMEX’s Samuel Reed Released on $5 Million Bond
News  •  Bitcoin  •  Oct 09, 2020 by Shaurya Malwa

Samuel Reed, the former Chief Technology Officer and co-founder of Bitcoin derivatives exchange BitMEX, was released after a $5 million appearance bond had been approved by U.S. courts last week, according to court documents. Reed was required to pay a $500,000 security on the unsecured bond, the document

Key On-Chain Data Shows Whales Are Actively Accumulating Bitcoin
Key On-Chain Data Shows Whales Are Actively Accumulating Bitcoin
News  •  Bitcoin  •  Oct 09, 2020 by Joseph Young

According to data from the on-chain market analysis firm Glassnode, whales appear to be actively accumulating Bitcoin. Bitcoin addresses holding over 1,000 bitcoin. Source: Glassnode Since the March 13th crash, when the Bitcoin price briefly dropped below $3,600, the number of Bitcoin addresses holding over 1,000 bitcoin

Analysts Say Bitcoin Faces "Sell-Side Crisis" as Buyers Overwhelm Sellers
Analysts Say Bitcoin Faces "Sell-Side Crisis" as Buyers Overwhelm Sellers

The number of bitcoin on cryptocurrency exchanges has been rapidly declining, indicating a significant drop in selling pressure. Bitcoin reserves of exchanges often indicate whether there is selling pressure as bitcoin holders typically deposit to exchanges to sell their holdings. When Bitcoin exchange reserves substantially drop over an extended period

News  •  Bitcoin  •  Oct 10, 2020
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Analysts Say Bitcoin Faces "Sell-Side Crisis" as Buyers Overwhelm Sellers
Analysts Say Bitcoin Faces "Sell-Side Crisis" as Buyers Overwhelm Sellers

The number of bitcoin on cryptocurrency exchanges has been rapidly declining, indicating a significant drop in selling pressure. Bitcoin reserves of exchanges often indicate whether there is selling pressure as bitcoin holders typically deposit to exchanges to sell their holdings. When Bitcoin exchange reserves substantially drop over an extended period

News  •  Bitcoin  •  Oct 10, 2020
BitMEX’s Samuel Reed Released on $5 Million Bond
BitMEX’s Samuel Reed Released on $5 Million Bond

Samuel Reed, the former Chief Technology Officer and co-founder of Bitcoin derivatives exchange BitMEX, was released after a $5 million appearance bond had been approved by U.S. courts last week, according to court documents. Reed was required to pay a $500,000 security on the unsecured bond, the document

News  •  Bitcoin  •  Oct 09, 2020
Key On-Chain Data Shows Whales Are Actively Accumulating Bitcoin
Key On-Chain Data Shows Whales Are Actively Accumulating Bitcoin

According to data from the on-chain market analysis firm Glassnode, whales appear to be actively accumulating Bitcoin. Bitcoin addresses holding over 1,000 bitcoin. Source: Glassnode Since the March 13th crash, when the Bitcoin price briefly dropped below $3,600, the number of Bitcoin addresses holding over 1,000 bitcoin

News  •  Bitcoin  •  Oct 09, 2020
U.S. Department of Justice Releases Cryptocurrency Enforcement Framework
U.S. Department of Justice Releases Cryptocurrency Enforcement Framework

On October 8th, the U.S. Department of Justice (DOJ) released a cryptocurrency enforcement framework in response to the "emerging threats" associated with the continued adoption of Bitcoin and related technologies. Attorney General William Barr, who runs a Cyber-Digital Task Force, commented on the publication:  Cryptocurrency is a

News  •  Bitcoin  •  Oct 07, 2020
BlueWallet Integrates PayJoin to Boost User Privacy
BlueWallet Integrates PayJoin to Boost User Privacy

BlueWallet, a Bitcoin-based mobile wallet, just shipped its latest update. Among a litany of fixes, the wallet now allows users to mix coins, conferring additional transaction privacy. The inbuilt mixer, known as PayJoin, is a CoinJoin variant occurring between two parties that obscures transaction origins, making them harder to trace.

News  •  Bitcoin  •  Oct 07, 2020
Square Allocates 1% of Its Assets to Bitcoin
Square Allocates 1% of Its Assets to Bitcoin

Square, the payments platform pioneered by Twitter CEO and Bitcoin evangelist Jack Dorsey, has purchased $50 million worth of bitcoin as part of its new investment strategy. Amounting to precisely 4,709 bitcoin, the purchase represents an aggregate 1% of the firm's total assets. "Square believes that

News  •  Bitcoin  •  Oct 07, 2020
Historic 30-Day Volatility Hints a “Big Move" For Bitcoin Is Coming Soon
Historic 30-Day Volatility Hints a “Big Move" For Bitcoin Is Coming Soon

Real Vision Group CEO Raoul Pal foresees an impending “big move” for Bitcoin in the near term.  On his Twitter account, Pal shared a tweet showing that Bitcoin's historic 30-day volatility has dropped to 20% a total of seven times since 2016. Every time Bitcoin’s 30-day volatility

News  •  Bitcoin  •  Oct 07, 2020
BitMEX CEO and CTO Step Down With Immediate Effect Following CFTC Charges
BitMEX CEO and CTO Step Down With Immediate Effect Following CFTC Charges

100x Group, holding company of embattled crypto derivatives exchange BitMEX operator HDR Global Trading Limited, has announced the replacement of CEO Arthur Hayes,  following CTFC charges of money laundering and illegally operating an unlicensed exchange. Within a blog post issued earlier today, BitMEX's parent company noted that Hayes&

News  •  Bitcoin  •  Oct 07, 2020
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