As bitcoin’s price continues to move sideways, Bittrex removed a handful of accounts from their exchange last night. It ended up being a very small percentage of users but the lesson is clear – control your own coins.
We’ll also dive into margin trading and how it may be affecting the price of bitcoin and, more importantly, the flow of cash with any subsequent price movement.
Links:
Bittrex Accounts: https://cointelegraph.com/news/bitcoin-altcoin-exchange-bittrex-eyed-with-suspicion-due-to-thousands-of-mysterious-account-closings
Bittrex Statement: https://support.bittrex.com/hc/en-us/articles/115002187632-Statement-on-disabled-accounts
Bitfinex Stats: https://www.bitfinex.com/stats
BFXData: https://www.bfxdata.com/positions/btcusd
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