Bitcoin and Altcoins Still May Regain Momentum This Week


This past week, we saw heavy gains in bitcoin above USD 7,000. BTC/USD gained more than USD 1,500 and traded close to the USD 7,550 level. Later, it started a downside correction below the USD 7,240 and USD 7,000 levels. However, the USD 6,750 level acted as a support and the price recently...

Bitfinex Raises USD 1 billion, CTO Claims


Major cryptocurrency exchange Bitfinex "is able to raise" 1 billion tethers (c. USD 1 billion) "in 10 days, in a private sale," Paolo Ardoino, Chief Technical Officer of the exchange, confirmed, later adding that the investments "were made." "Private companies, giants in our industry and outside...

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