Ethtrade Concerned About BTC-E Exchange Collapse.
In our last News Commentary, we announced the closing of FexFund due to the BTC-E Exchange collapse. In the case of FexFund, they had around 80% of their resources tied up in that exchange. Now Ethtrade reports that they also have “an imposing volume of funds” being traded on that exchange and are concerned about the future of BTC-E. There is some inconsistency here as yesterday FexFund reported that BTC-E had already collapsed. However, the Ethtrade release, which is also dated yesterday, seems to indicate that there is still hope. I expect that here will be more news from Ethtrade very shortly. This situation may impact any HYIP that is involved with trading cryptocurrencies. We at Emily News will do our best to keep you up to date on this. Following is the announcement from Ethtrade…
BTC-E under maintenance
The BTC-e trading platform had not been available since Noon on July, 25th.
None of their sites, API, or Metatrader are working.
The official statement from BTC-e, is that the site is down to unplanned technical work and maintenance (https://twitter.com/btcecom/status/889918430228492289).Many traders and investors are making assumptions that the exchange could theoretically be closed and this is being reinforced with indirect arguments in the crypto-community.
Also, people are trying to make a connection of this because of problems that the host provider of BTC-e has.Ethtrade had an imposing volume of funds being traded on that exchange.
We have not made any fast conclusions but want everyone to know that Ethtrade is following this closely with a steadfast eye on the situation by following all news related to BTC-e and hoping for the best.BTC-e.com Exchange is one of 10 biggest stocks in the World.
A possible massive dump of cryptocurrencies can be predicted because of inaccessibility of crypto currencies.
The best solution at this time is- keep patience, wait and hope for the best.
The Castle-Inv website was down for around eight hours yesterday. Just routine maintenance. They published a very timely explanation of what was happening which I’m sure was appreciated by all investors. Here it is in case you missed it.
SITE IS UP & WORKING FINE !!
Wonderful Greetings to all; we appreciate you for choosing us.
We are informing you that is DDOS-GUARD data has been moved all network equipment from the Serverius data center to Equinix AM3.
Now site is up and working fine, Thank you for your patience !!
Hope you will trust on CFIL.
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