• Breaking News

    Tuesday, November 20, 2018

    Home Unlabelled [Daily Discussion] Tuesday, November 20, 2018 Bitcoin Markets

    [Daily Discussion] Tuesday, November 20, 2018 Bitcoin Markets

    November 20, 2018

    [Daily Discussion] Tuesday, November 20, 2018 Bitcoin Markets

    [Daily Discussion] Tuesday, November 20, 2018

    Posted: 19 Nov 2018 08:05 PM PST

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

    Other ways to interact:

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

    [Altcoin Discussion] Tuesday, November 20, 2018

    Posted: 19 Nov 2018 08:05 PM PST

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

    Other ways to interact:

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

    Bloomberg: Bitcoin-Rigging Criminal Probe Focused on Tie to Tether - DOJ investigating whether Tether was used to prop up Bitcoin

    Posted: 20 Nov 2018 03:20 AM PST

    Bloomberg is reporting that:

    • DOJ investigating whether Tether was used to prop up Bitcoin
    • U.S. case part of broader review of possible coin manipulation

    As Bitcoin plunges, the U.S. Justice Department is investigating whether last year's epic rally was fueled in part by manipulation, with traders driving it up with Tether -- a popular but controversial digital token.

    While federal prosecutors opened a broad criminal probe into cryptocurrencies months ago, they've recently homed in on suspicions that a tangled web involving Bitcoin, Tether and crypto exchange Bitfinex might have been used to illegally move prices, said three people familiar with the matter.

    Full article: https://www.bloomberg.com/news/articles/2018-11-20/bitcoin-rigging-criminal-probe-is-said-to-focus-on-tie-to-tether?srnd=cryptocurrencies (archived: http://archive.is/c3dHM)

    The Block is also reporting this: https://www.theblockcrypto.com/tiny/department-of-justice-is-investigating-tethers-connection-to-bitcoins-price-rally/

    submitted by /u/dnivi3
    [link] [comments]

    3 of the best-known crypto trading firms are banding together on a new venture to bring crypto to the next level

    Posted: 20 Nov 2018 08:10 AM PST

    The Block is reporting, via a Forbes interview, that:

    • 3 OTC desks — Cumberland, Genesis Trading, and Circle Trade, are providing data for a new bitcoin index
    • The index, MVIS Bitcoin US OTC Spot Index, will serve as a base for VanEck's ETF and could be used by institutional investors to get a better sense of what the market looks like
    • VanEck's bitcoin specialist Gabor Gurbacs says OTC data is more reliable than exchange data

    A band of cryptocurrency trading desks is opening up their books to help institutions better understand the price of bitcoin — and they're hoping the move will take the floundering market to the next level.

    Three major cryptocurrency over-the-counter traders — Genesis Trading, Cumberland, and Circle Trade — announced they would provide data for a new index, dubbed MVIS Bitcoin US OTC Spot Index. The new product, which is run by MVIS, a division of asset manager VanEck, is a standout given it draws data from OTC desks as opposed to exchanges, such as Coinbase and Kraken. "Transparency is coming to the over-the-counter market," Gabor Gurbacs, head of digital asset strategy at VanEck said in an exclusive interview with The Block. "Before this no one would publish the price and it happened behind the scenes."

    Link to The Block article: https://www.theblockcrypto.com/2018/11/20/3-of-the-best-known-crypto-trading-firms-are-banding-together-on-a-new-venture-to-bring-crypto-to-the-next-level/

    Link to Forbes interview: https://www.forbes.com/sites/astanley/2018/10/23/uncharted-bitcoin-otc-markets-gear-up-for-institutional-inflows/#bcd755a7bacd (archived)

    submitted by /u/dnivi3
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment