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CME Bitcoin Futures Sees Institutional Interest and Demand from Asia


Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...

ICOs Are Dead But ICO Scammers Are Immortal


The initial coin offering may have all but died, but the ICO scammer marches on regardless. Whereas legitimate projects have to wrangle with all kinds of challenges including the strength of the market, generating value for investors, creating a real product and actually delivering on the promises...

SEC Rejects Another High-Profile Bitcoin ETF Proposal


Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of...

IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In


The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...

Bitcoin Cash Records 1.88% Fall; Trading Value Hovers Around $230


Bitcoin Cash loses 1.88% in the past 24 hours to fall to 230 USD. The next resistance for BCH may come at 236 USD. Bitcoin Cash plunges by 1.88% over the past 24 hours and the current trading price is marked as low as 230 USD. The three price swings in the last day have … The post Bitcoin...

Bitcoin Cash Settles More Value Than ETH in Dollars Moved


Bitcoin Cash (BCH) proponents have recently been discussing the amount of value participants have been sending onchain. For quite some time now, statistics show the BCH chain has been moving more money than the ETH network in terms of USD value sent per day. With extremely low network fees, a good...

Chainlink’s Price Escalated by 12.5%; Value at $2.


Chainlink is up by 12.5% over the last 24 hours The next resistance may come at 2.55 USD Chainlink has gained almost 12.5% over the last 24 hours, and the value has now comfortable surpassed 2.3 USD. The three price swings show an overall growth trend of LINK having a range between 2.10 USD...

Data Shows Institutional Interest in Bitcoin Has Diminished


Last spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August. Reports now detail that...

German Bank Predicts BTC at $90,000 After Next Halving


You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently...

Tether Goes Opposite of the Market by Cutting 0.21% in the Value Overnight


Tether falls by 0.21% over the last 24 hours. The next resistance is likely to come at 1.014 USD. Tether (USDT) has gone opposite to the overall market trend and in the last 24 hours, it has lost 0.21%. The value is constantly hovering around 1 USD and it has fallen to as low as … The post...

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