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Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’
28.12.2020
An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown that digital...
XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed
23.12.2020
Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value. At the time of publication, the entire crypto-economy is valued at $629 billion and because XRP lost so much value, bitcoin’s...
Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading
12.12.2020
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. KRX’s Market Oversights Committee to Supervise Crypto-Linked...
Market Wrap: Bitcoin Slides Below $18K as ETH Is More Volatile Than BTC in 2020
10.12.2020
Bitcoin slipped below $18,000 again Thursday as ether’s volatility in 2020 shows a different dynamic
Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush
9.12.2020
On Monday, the U.S. bank Wells Fargo’s wholly-owned subsidiary and registered investment adviser the Wells Fargo Investment Institute published an investment strategy with a page dedicated to the crypto asset bitcoin. The institute’s contributing author and Head of Global Asset...
‘Gold Is Rare but Not Too Rare’ – Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes
9.12.2020
The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s editor-in-chief says that bitcoin’s value “remains...
Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets Head
5.12.2020
Fidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors are optimistic bitcoin will attain this status. “We use the word ‘potential store of value’...
Bitcoin a ‘Potential Store of Value’ That’s Very Volatile: Fidelity Digital Assets Head
3.12.2020
Many investors aspire to hold bitcoin as a store of value, but right now the cryptocurrency is very volatile, said the head of Fidelity Digital Assets
Aave Launches V2 in Bid to Make Borrowing Against Volatile Assets Less Risky
3.12.2020
DeFi platform Aave has rolled out its second version, with several features that should make it more flexible and more capital efficient
Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in Bitcoin
26.11.2020
Bitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in five years. Novogratz adds that while bitcoin remains a volatile asset he does not expect...
First Mover: Near Record Highs, Bitcoin May Have a Volatile Week
23.11.2020
Bitcoin prices are near all-time high, while its one-month implied volatility metric has jumped to four-month highs
Van Eck declares Bitcoin ‘less volatile than many’ stocks
22.11.2020
Van Eck's latest research appears to be an effort towards calming investor fears about Bitcoin... as well as the SEC's
BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures Gap at $18K
15.11.2020
Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that...
Erratic Processing Power: Bitcoin’s Hashrate Gains 45% in a Day, Then Loses 41 Exahash
11.11.2020
Seven days ago Bitcoin’s network difficulty saw the largest drop in nine years as it slid over 16% last week. Similar to the crypto asset’s price, the hashrate has been extremely volatile according to statistics. After dropping to 111 exahash per second (EH/s), the network hashrate...
Bitcoin And Altcoins Start This Week On A Volatile Note
9.11.2020
There were mostly positive moves in bitcoin price above the USD 15,350 support level. BTC climbed higher steadily and it surpassed the USD 15,500 level, before it corrected lower again. The price is currently (13:28 UTC) trading above USD 15,350.
Similarly, most major altcoins trimmed some of their...
Ripple opens regional office in Dubai following volatile Q3 for XRP
8.11.2020
The financial center in one of Dubai’s free-trade zones acts as an independent regulator with its own judicial system
The $750 Million Pre-Halloween Bitcoin Options Expiry Has Started to Spook Traders
28.10.2020
Even though cryptocurrency traders have been exuberant over the price rise, a number of analysts are focused on the large bitcoin and ethereum options expiries set to end before Halloween. Data from Skew.com shows $750 million in Bitcoin options is set to expire and prices could get volatile....
LEO Draws a Volatile Crossover in the Intraday; Trades at $1.20
6.10.2020
UNUS SED LEO—a utility token is ranked one amongst the top 20 cryptos of the market. The investors of LEO allow Bitfinex users to save money on trading fees. However, the amount of discount depends on how much LEO a customer has in their account, and accordingly, the savings on offer are spread...
Bitcoin Trades Below $11k & Appears Volatile on Hourly Chart
6.10.2020
Bitcoin (BTC), at the time of penning down this analysis, was seen trading below $11k, as usual, and continues to consolidate in a trading range of $10k to $11k. The current price dynamics may not be investor-friendly, but not to forget that Bitcoin is often compared to the safe-haven Gold, and...
Cryptowisser: 75 Crypto Exchanges Dead in 2020 – More Will Follow
5.10.2020
5th October 2020, leading Crypto service comparison site – Cryptowisser, announces its Crypto exchange graveyard. The detailed page lists and explains the many crypto exchanges (largely centralized exchanges) that have disappeared, expired or collapsed this year, giving an insight into...