Many members of the cryptocurrency community have been viewing Bitcoin as a safe haven asset. However, a Professor from South Korean and the Chairman of Forbes Inc. call out Bitcoin’s volatile nature. Is Bitcoin Cut Out To Be A Safe Haven Asset? It’s been more than a decade since Bitcoin hit the market. Touted as […]
Bitcoin saw a notable overnight rally that allowed it to move as high as $7,300, with this coming about after an extended period of trading sideways within the lower-$7,000 region for the latter part of this past week. It now appears that bulls are targeting a movement towards $8,000, as resistance could be weakening as […]
Allianz CEO has called on global regulators to outlaw cryptocurrency, contradicting the company’s chief financial advisor, who said Bitcoin would be a good buy under $5,000 earlier this year. ‘You Should Outlaw It’ The Chief Executive of Europe’s biggest asset manager Allianz Global Investors Andreas Utermann expressed his thoughts on the regulation of digital assets, […]
Bitcoin and the aggregated crypto markets have incurred immense volatility over the past several days and weeks, which has come about as Bitcoin’s bulls and bears have engaged in an intense battle that has, over the past 24-hours, favored BTC’s bears. Yesterday evening the crypto rallied to highs of $9,200 before meeting significant resistance that […]
Bitcoin price has room for immediate 12 percent growth, according to the latest figures showing current availability of major stablecoin Tether (USDT). USDT Printing Peaks Bitcoin price after correcting from its 2019 high of $5620 earlier this week, currently trades just under $5500. At the same time, USDT production stepped up in April to almost […]
Coinspeaker New High-Liquidity Exchange EurekaX Giving Away 300 ERK to 100,000 New Members The Eureka Network, a blockchain project built on Bitcoin’s UTXO model, introduces its EurekaX exchange, claiming to solve the problem of liquidity and offering special bonuses for early sign ups. New High-Liquidity Exchange EurekaX Giving Away 300 ERK to 100,000 New Members […]
Circle, Coinbase and ConsenSys are among the group of “founding members” choosing to leverage crypto nonprofit Global Digital Finance to create new ethics standards. Businesses Will ‘Demonstrate Professional Standards’ In an October 1st press release, the recently-formed Global Digital Finance (GDF) announced it was releasing its Code of Conduct (also known as the GDF Code) and Taxonomy […]
Bitcoin will still have notable value fluctuations, but it’s out of bubble territory, according to Michael Wu. A number of entities have called Bitcoin (BTC) a bubble since its inception roughly 12 years ago. Michael Wu, CEO of digital asset financial services outfit Amber Group, thinks otherwise, however. “I think it’s always like this when […]
As the world closely keeps up with ongoing developments in crypto, thought leaders in the space are doing their best to promote it and its underlying technology. Recently, Justin Sun made headlines after managing to bag a $4.57 million charitable lunch with Warren Buffet, hoping to change his opinion about the crypto-wave. On the other […]
A large number of coins across the cryptocurrency board have begun to play the sideways game once again. Ethereum [ETH] is one of the coins mastering the art. At the time of writing, ETH token was up by a mere 0.06%, trading at $211.58 with a market cap of $21.8 billion. The total trading volume […]
Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation: Figure 1: BTC-USD, Daily Candles, Broken Local Support So far, our daily candle has yet to close, but it is currently on schedule to close below local support. If we close […]
FarmaTrust, a pharmaceutical supply chain security company has announced a new partnership with Systech, a provider of blockchain enabled technology in brand protection and product authentication. This partnership will implement a blockchain-enabled solution for the pharmaceutical industry…. FarmaTrust partners with Systech to add blockchain to pharmaceutical distribution
Bitcoin price losses 7% in 24 hours sparking criticism from naysayers but sentiment has yet to turn bearish. Bitcoin (BTC) price was feeling the pressure Aug. 14 after a fresh downturn saw the largest cryptocurrency settle below $10,500. Market visualization. Source: Coin360 Trade war tensions relief lifts markets, sinks Bitcoin price Data from Coin360 painted […]
Following the launch of Zcash (ZEC) on Coinbase Pro last week, Coinbase has announced support for the cryptocurrency on Coinbase.com and on the crypto exchange’s Android and iOS apps, enabling users to buy, sell, send, receive, or store ZEC throughout the company’s platforms and services. Zcash Now Available on Retail Brokerage Coinbase At the moment, Zcash support is […]
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The Lightning Network torch, which was previously passed to Jack Dorsey and numerous Bitcoin celebrities, has found its way to the traditional finance sector. Fidelity Digital Assets, who are nearing completion of their crypto trading platform, took the torch during the weekend. We and our research team at the Fidelity Center for Applied Technology have […]
Just yesterday the Bitcoin price sentiment was starting to turn bearish as markets began to cool off. Many of the top analysts on crypto twitter had hinted at further losses as BTC posted lower highs. Today it has surged back in an epic 11% pump back towards $13,000. Bitcoin Price Bears Bashed Again BTC had […]
The launch of the largest institutional bitcoin product of the year is finally upon us. Can it rejuvenate momentum on BTC markets or will it be a big overrated flop? We will find out tomorrow. Countdown to Bakkt Big For Bitcoin? With just a day to go, the long-awaited Bakkt physically-settled bitcoin futures trading platform […]
Bitcoin halving, one of the most anticipated events throughout the entire cryptocurrency community is estimated to be 365 days from now. As it closes in, a new Twitter poll reveals that the overwhelming majority is entirely bullish on Bitcoin’s price going forward. Bitcoin Halving 365 Days From Now Bitcoin halving, the event which will slash […]
Summary: After breaking out of a macro reaccumulation range, the market saw a small pullback that led to a retest of prior resistance that is now being respected as support. The market was previously unable to close a daily level above $5,400 but so far after three tests, the market has established intraday support. The […]
Coinspeaker ‘WeAreAllHodlonaut’: Binance CEO Claims Craig Wright Isn’t Satoshi Nakamoto, Threatens to Delist Bitcoin SV Self-acclaimed Satoshi – Craig Wright – has recently faced the ire of Binance CEO Changpeng Zhao after Wright served legal notice to Twitter user Hodlonaut. ‘WeAreAllHodlonaut’: Binance CEO Claims Craig Wright Isn’t Satoshi Nakamoto, Threatens to Delist Bitcoin SV Continue […]
Bitcoin has for several months now, captured the crown for 2020 as the most profitable mainstream asset of the year. Whatever the reason is behind the unstoppable momentum, the recent divergence between crypto and stocks, and even precious metals, has the leading cryptocurrency by market cap reaching over 16x times the return of the S&P […]