Markets

Cryptocurrency exchange Binance temporarily suspended the withdrawal of crypto-assets due to an increase in applications from new users. Withdrawals are now available. Binance announced the suspension of withdrawals on Twitter, apologizing to users for the temporary inconvenience. The exchange was forced to take such a step to deal with the large number of requests from new users wishing to register on the platform. The number of deposits and transactions is also increasing, which creates a heavy load on the system. Binance reassured users and reported that all their assets were safe. Less than an hour later, withdrawals were restored. This is reminiscent of the situation in 2018, when Binance temporarily halted all transactions due to anomalous Syscoin cryptocurrency transactions and unusual activity on the blockchain. As a precautionary measure, Binance had to stop registering new users and remove all active API keys. As a result, all API users had to create new keys. Binance has repeatedly gone on extended technical maintenance, suspending spot, margin and peer-to-peer trading. Problems have arisen with the message routing service and market data providers. According to Binance CEO Changpeng Zhao, the severe strain on the exchange’s technical system also played a role. Recall that last week Roskomnadzor lifted the blocking of the Binance website in Russia. Recently it was reported that Altcoin price will outpace the Bitcoin.

The growth rate of altcoin price exceeds the positive dynamics of the cryptocurrency No. 1. Ethereum hit a record high again on January 26, testing the level of about $1467,000. Altcoin price is up 32% in the last three days and…

Mathematics law promises growth for the ETH! Metcalfe’s Law has joined the list of various indicators signaling the recent undervaluation of the Ethereum exchange rate. ETH and BTC correlation begins to weaken Ethereum (ETH) and bitcoin (BTC) as the world’s two…

On the morning of December 8, the Bitcoin course went down from the triangle that had formed in recent days. Now BTC is testing support around $18 000 and a medium-term trend line.This morning, the price of Bitcoin fell from $18…

Within the last months the bitcoin showed significant growth as a result of which the price grew almost by 100% from $10,000 to $19,800. The zone of $20,000 showed the strong resistance as a result of which there were several kickbacks,…

Guggenheim Partners, which manages assets with a turnover of more than $200 billion, can replenish the number of Wall Street companies that have invested in cryptocurrencies. The firm, which invests in different asset classes on behalf of companies, pension funds and…

The Texas Securities Council (TSSB) ordered fifteen cryptocurrency-related companies to stop working. The Texas regulator said that ten of these companies are controlled by one person.The Texas Securities Council (T S S B) ordered fifteen cryptocurrency-related companies to stop working. The…

The hashreat of the network of the first cryptocurrency reached 160 EH This could happen due to the return of Chinese miners to BTC productionThe volume of processing power of the Bitcoin network increased by more than 30% in two days.…

In 2020, several events occurred at once, shocking the global economy and impacting on Bitcoin. At first, cryptocurrencies showed the property of risky assets. Then they began to show a similar dynamics with gold, which grew in price amid geopolitical instability.…

Cryptocurrency Exchange Binance announced the successful conduct of the thirteenth quarterly burning of 2.2 million BNB coins worth $6 8 million.The exchange said that over the last quarter, 2, 2 5 3,0 2 1 BNB were destroyed, as well as 867…

Over the past few days, the correlation of Bitcoin and the US stock indicator S & P 500 has intensified again. This is an alarming trend, according to analysts of the Sentiment team.Their report says that now the US market is…

Galaxy Digital intends to enter one of the important sectors of the cryptocurrency industry and begin to offer financial services to Bitcoin miners.In an interview with The Block, Ian Taylor said the company intends to create a single window of financial…