Archive for the ‘Crypto News’ Category

Cryptotrader With Support for Kraken and Bitfinex Exchanges

10, Apr 2014

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The automated bot trading service Cryptotrader has just officially announced the addition of support for trading on two new exchanges – Kraken and Bitfinex. These two exchanges are added along with the already supported Bitstamp, BTC-E and CexIO, the service previously also supported MtGox, but not anymore for obvious reasons. This is essentially the first solution for automated cloud trading on crypto exchanges to provide support for trading on Kraken, a particularly interesting place for trading in Europe due to the large EUR trading volume on the exchange.

If you haven’t tried the service yet, you might want to check our review of Cryptotrader first. We can add to that already that the service still suffers from one major problem and that is letting users know about new features on time, a clear example for that is the announcement about the new exchanges… they have actually been available for a while already, more than a week for Kraken and close to a month for Bitfinex. So they really have to do something about letting their users know about new features and improvement in a more clear way and not just send a newsletter once in a while to sum things that have happened in the past two months for example.

– For more information and to try out the Cryptotrader automated trading service yourself…

Bitcoin Price Drops Again as More Chinese Exchanges Stop Accepting Deposits

10, Apr 2014

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As more Chinese crypt currencies announce they are stopping to accept cash deposits as being requested by their banks and payment processors the Bitcoin exchange rate and that of other crypto currencies has dropped again today down to almost $400 USD. The new exchanges that join the ranks of the ones that already announced that they are stopping to accept deposits in Chinese Yuan from users are BTCTrade and BTC100 that have released official announcements today. Huobi, another exchange that we mentioned last that has also come out with official announcement that they are also stopping deposits in cash. And with April 15th coming in just a few days you can expect that the remaining Chinese exchanges will also follow in these steps. There is still no official announcement coming out from PBOC, though exchanges are being notified by their banks and payment processors. If you were still doubting about the ruling for banks and payment processors to stop servicing the accounts of 15 of the top crypto exchanges in China, then you should probably stop now as it seems clear that this is happening already.

Do note that China is not banning Bitcoin and crypto currencies and most likely crypto currency exchanges will find another way of continuing to do business and trade coins for cash. All that China is doing is trying to limit the crypto to cash exchanges, and all of the exchanges will continue to trade crypto-crypto exchange pairs without problems. And hopefully they will soon find an alternative solution for cash to be used to buy and sell crypto currencies, so that the Bitcoin markets will finally calm down a bit and instead of going down will stabilize and may start going up. That is unless of course China decides to actually ban the crypto currencies in a month or two for example as that is not entirely impossible as well.

Bitcoin 2014 Conference: Building the Digital Economy

10, Apr 2014

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Bitcoin 2014 is the annual international forum, exhibition and networking conference organized by the Bitcoin Foundation for the fintech industry. It’s where investors, technologists, regulators, executives, entrepreneurs, developers, and policymakers gather to collectively shape the future of cryptographic money worldwide. Bitcoin 2013, the inaugural conference, was hosted in Silicon Valley and attracted over 1200 attendees, speakers and exhibitors. This year, the conference will be held in Amsterdam, one of the most prolific fintech hubs in Europe, to get a glimpse into the future and the opportunity to be a part of building the digital economy. The Bitcoin 2014 conference will take place on 15-17 May in Amsterdam in the Mövenpick Hotel located at the Amsterdam Airport’s Passenger Terminal.

– For more information about the Bitcoin 2014 Conference taking place in Amsterdam, Europe…

Credit: https://cryptonews.com/news/best-crypto-to-buy.htm


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