Immediately the premium exploded on OKCoin and BitMEX as the sentiment got extremely bearish. However, it ran out of steam and when you zoom out into larger timeframe you get an appreciation for the resistance it is up against (12-hour candles):
Against all odds, bitcoin surged mid-day in a 10% move that caught many in the market off guard.
Immediately the premium exploded on OKCoin and BitMEX as the sentiment got extremely bearish. However, it ran out of steam and when you zoom out into larger timeframe you get an appreciation for the resistance it is up against (12-hour candles):
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Coinbase Partners with Shift Payments To Create Real Time DEBIT CARD Available in the United States11/26/2015 It looks like Xapo has got some competition, because until now they have been the only true realtime bitcoin debit card. Coinbase has partnered with Shift payments to create the American Xapo card essentially.
Xapo, for regulatory reasons, had limited access to the US market for its realtime debit cards. However, for over a year they have had a functioning card that operates in realtime and doesn't require any topping up. Shift Payments is rolling this out limited to half the US states and will slowly expand, maybe even internationally. It's nice to see more competition in the Bitcoin debit card market. Coinbase is making serious moves.
As of midnight GMT, start of Wednesday, November 25, San Francisco-based Bitcoin spot and margin exchange Kraken has this page showing, before loading page, and has reported receiving an extortion letter that they will not pay.
Tweet is linked here or archive picture here and be found below:
This is not the first time Kraken has been targeted. During the bull-run earlier this month they were up and down and had periods where DDoS attacks brought down their servers for many hours in a row. This left some traders unable to get out of positions near the peak of the euphoria.
Bitcoin exchanges are some of the most popular targets of DDoS attacks, especially involving extortion. There is no incentive to pay: in fact paying would only make a company a bigger target for further attacks, as they would be known to be a payer of extortion demands. Just thought I'd update everyone on the fallout from exposing NewsBTC. First, we got this contact submission above from the Internet Police (lol):
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