Pages Navigation Menu

United States news, headlines, events , stories and all that is trending today

Is This The Reason Why Bitcoin Just Spiked 15% Off The Lows

Update: one reason given for the sharp, 15% rebound in cryptocurrencies from this morning’s lows, is that according to Caixin, China has give two of the largest Chinese exchanges, Huobi and OKCoin until the end of October before closing. As Bloomberg notes, China’s Regulator has given Huobi.com and OkCoin the extra month to prepare closure, as the two exchanges’ trading platforms and investor base are relatively large, and they never dealt with controversial Initial Coin Offerings, or ICOs. More Google translated from Caixin:

the two platforms … had not done ICO or on-line coins, so the relevant departments decided to give Huobi and OKCoin 1 month time buffer Period, that is to say to the end of October and then shut down, but the specific program is still under study. …

This post is from zerohedge.com/fullrss2.xml/%2A%7CARCHIVE%7C%2A/%2A%7CFORWARD.. Click here to read the full text

The best life hacks ever revealed to help make things easy everyday

Follow us on twitter @UnitedStatesTD

Also, Like us on facebook

Leave a Comment

Your email address will not be published. Required fields are marked *