Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions

Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with international sanctions. “If you have an account with Binance and fall into that [sanctions] category, please withdraw your assets from Binance as soon as possible,” reads an email received in recent days by Iranian users, according to several local sources. Sepehr Mohamadi, chairman of the board of the Blockchain Association of Iran, said emails like this have been trickling in for months, but their numbers recently increased following renewed U.S. sanctions,…

Free Money? Traders In Asia Are Buying Bitcoin Cash Ahead of Hard Fork

With bitcoin cash (BCH) now looking certain to split into two competing cryptocurrencies, some traders in Asia are betting that the sum of the parts will be worth more than the whole. Specifically, these investors have been buying BCH in anticipation that Thursday’s contentious network software upgrade, or hard fork, will leave them owning two coins with a combined value greater than the current price. James Quinn, head of markets at Kenetic Capital, said even some institutions have gotten in on the act, as “the number of requests and interests…

EOS/USD and LTC/USD Slow Down As Traders Buy Dips

Even if yesterday’s upsides were limited, altcoins are technically bullish and should print higher as the week come to a close. In that case we expect ADA/USD and XLM/USD traders to buy at spot prices with stops at immediate support. As this prints, EOS/USD, LTC/USD and XMR/USD traders should maintain a neutral position until close above immediate resistance lines triggering bulls. Let’s have a look at these charts: EOS/USD Price Analysis Following expansions of Nov 6, yesterday’s price action was expected. But, it shouldn’t be a cause of concern since…