Search
Open Interest in Bitcoin Options Hits USD 1B as Traders Seek Insurance
8.5.2020
Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market.
Although not unusual...
Cryptoverse Has a Question to New Bitcoin Star, Paul Tudor Jones, as BTC Tests USD 10K Again
8.5.2020
Paul Tudor Jones. Source: a video screenshot, Youtube, Goldman Sachs
After legendary hedge fund manager Paul Tudor Jones made waves in the Cryptoverse with his bullish statements on Thursday, the crypto community wonders whether the investor holds physical bitcoin (BTC) that just spiked above...
Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears
8.5.2020
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8%...
Stablecoins Push Ethereum’s Transaction Count to Highest Since July 2019
4.5.2020
Ethereum’s transaction counts have surged by 72% since mid-February
This Polish Crypto Miner Grows During Lockdown, Looks To Raise USD 3M
4.5.2020
A Polish blockchain company says that its user numbers are up despite the pressures of the coronavirus pandemic, and says that investors are flocking to a gaming sector that is booming – in spite of the health crisis pandemic.
GamerHash says that building on improved results it is now eying...
Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American Imperialism, De-Dollarization
30.4.2020
During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover, with the U.S. economy feeling the hardship of over...
USD 515M Crypto Fund, Blockchain-Powered Remittance Pilot + More News
30.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
a16z crypto, the crypto arm of venture capital giant Andreesen Horowitz, has raised USD 515 million for its second...
USD 9K Bitcoin Leads Crypto Rally as Exchanges See Massive Volumes
30.4.2020
Both bitcoin (BTC) and the broader crypto market saw another strong day today that brought the price of bitcoin past the USD 9,000 level, after also recording gains across the board yesterday. The gains came as sentiment in the market improved even more after bitcoin recovered all of its losses...
Bitcoin Inches Towards USD 8K, Altcoins Target Additional Gains
29.4.2020
After a long struggle, bitcoin price was able to break the USD 7,800 and USD 7,850 resistance levels. BTC/USD is currently (08:30 UTC) gaining bullish momentum and it might to continue higher above USD 8,000 and USD 8,050. The next major resistance is near USD 8,320 and USD 8,400.
Also, there were...
S2F Bitcoin Price Model’s Author Strikes Again With USD 288K Target
28.4.2020
A new twist of the popular bitcoin (BTC) stock-to-flow (S2F) model has recently been published by the model’s pseudonymous creator Plan B. And judging from the updated model, S2F believers may now hope that BTC will hit almost USD 300 in a few years.
The updated price model, dubbed the Bitcoin...
Coinbase Launches Price Feed to Help Secure $1 Billion DeFi Economy
25.4.2020
Cryptocurrency exchange Coinbase has released a price oracle that allows anyone to publish price data on-chain. The Coinbase Oracle, a signed price feed, grants users free access to data for BTC-USD and ETH-USD markets, the company announced Thursday. The idea is to make decentralized finance more...
Another Prominent Investor Says Bitcoin Could Hit the USD 1m Mark
24.4.2020
Raoul Pal. Source: a video screenshot, Youtube/Real Vision Finance
Another prominent Bitcoin bull is tipping bitcoin (BTC) to reach a price of USD 1 million within the next few years, just over a year IBM’s former head of crypto made a similar prediction, following on from eccentric tech magnate...
XRP/USD Initiates Bull-run; $0.197 Seems Imminent
24.4.2020
XRP price has gone past a major resistance of $0.1945, and it may soon breach its 50 days MA at $0.1951 The next resistance point seems likely at $0.197, with support hanging around $0.187 XRP has failed in getting back to its previous glory despite the fact that many other coins, including...
Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
24.4.2020
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain...
How Have Petro Prices Stayed Stable While Crude Oil Falls Below USD 0?
23.4.2020
The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices.
But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that...
Money Reimagined: Demand for USD Stablecoins Foreshadows Financial Disruption
17.4.2020
The pandemic has increased demand for USD-backed stablecoins, raising the prospect of "crypto-dollarization." The implications are enormous
Startup Founder Sells USD 20,000 of Personal Tokens in a 'Human IPO'
14.4.2020
A crypto entrepreneur has completed the sale of his personal tokens on the Ethereum (ETH) blockchain, raising over USD 20,000 to invest in his future business endeavors.
Alex Masmej is a startup founder in his 20s who launched a for-profit DAO (decentralized autonomous organization) offering loans...
Bitcoin Below USD 7,000 Again, Altcoins Struggling to Recover
13.4.2020
In the past 3-4 days, there was an increase in selling pressure on bitcoin after it broke the USD 7,200 support area. BTC/USD traded below the USD 6,850 support and it could continue to move down towards the USD 6,550 and USD 6,200 support levels in the near term.
Similarly, almost all major...
Bitcoin Drops Below USD 7,000, Altcoins Follow
10.4.2020
After multiple failures to clear the USD 7,400 resistance area, bitcoin price reacted to the downside. BTC/USD broke the USD 7,250 and USD 7,120 support levels to move into a short term bearish zone. BTC is down more than 5% (08:30 UTC) and it could continue to move down.
Similarly, most major...
Profit-Taking Keeps Bitcoin in Tight Range as Fed Reopens Spigot
9.4.2020
Bitcoin and ether fell slightly Thursday as traditional markets climbed on additional stimulus measures by the U.S. Federal Reserve and Bank of England