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‘Fireworks Are Coming’ — FX Markets Will Boost Bitcoin, Says Analyst
8.7.2020
Coinbase analyst Max Bronstein says “fireworks” in the global currency market might positively affect the value of Bitcoin
Monex Becomes First Japanese Securities Firm to List Cryptocurrency CFD
8.7.2020
Major Japanese online securities firm Monex Securities is the first Japanese firm to offer a cryptocurrency CFD
Bitcoin Retains Spark Irrespective of Its Flat Curve
8.7.2020
Bitcoin appears trading sideways as altcoins take the entire limelight of the global crypto market. The altseason, this time, has pushed altcoins such as VeChain, Verge, Dogecoin, Chainlink, Ontology, etc. to greater heights to hit fresh highs and breach the stringent resistances. Although altcoins...
Major Indian Company TCS Launches Cryptocurrency Trading Solution for Banks’ Customers
8.7.2020
Leading Indian IT company, Tata Consultancy Services (TCS), is launching a cryptocurrency trading solution for banks to allow their customers to invest in cryptocurrencies. TCS is part of the Tata group, India’s largest multinational business group, and is listed on two stock exchanges...
Venezuelan Soldiers Stop Truck Full of Antminer 9 Bitcoin Mining Rigs
8.7.2020
The intercepted truck. Source: Twitter/@GNB_CZBolivar
The Venezuelan military says it has intercepted a truck full of 315 cryptocurrency mining rigs.
Per a tweet from the army’s official account, which also posted photos of the Chevrolet 350 truck – and its illegal cargo – the driver was unable...
Bitcoin Stuck Near USD 9,300 While XRP, BNB and ADA Rally
8.7.2020
Bitcoin price remained stable above the USD 9,200 level and it is currently (08:30 UTC) consolidating near the USD 9,300 resistance. If BTC settles above USD 9,300 and USD 9,320, there are chances of another strong upward move towards USD 9,550 in the near term.
On the other hand, there was...
Bitcoin S2F Model Creator Reveals 4 Reasons Why He First Bought BTC
8.7.2020
Fixed supply and interest rates that refuse to turn negative were among the top advantages of swapping fiat for BTC, says PlanB
Bitcoin Price Stalls at $9,300, Altcoins Rally to New Multi-Year Highs
8.7.2020
As Bitcoin price stalled at $9,300 again, altcoins capitalized on the sideways price action to rally to new multi-year highs
Study: 89% Worry What Happens to Their Crypto After They Die
8.7.2020
Millennials and Zoomers are the least likely crypto investors to have a plan for their digital assets should they die unexpectedly
Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos
8.7.2020
Andreas Antonopoulos says Bitcoin will probably never have privacy features like those in Monero
Crypto Facilities Gets FCA Nod to Set up Crypto Futures Venue
8.7.2020
Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA). An MTF is a European regulatory term for a self-regulated financial trading venue. MTFs are an alternative to...
New Action Movie Features Billion Dollar Crypto Theft
8.7.2020
New movie “Money Plane” features a plot about a heist from a ‘bulletproof casino in the sky’ carrying $1 billion in crypto
Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction
8.7.2020
The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute report reveals that 20 million renters...
Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs
8.7.2020
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. Meanwhile, the BTC network hashrate has continued to grow, with the seven-day...
Market Wrap: With Low Volatility, Traders Seem to Like $9,000 Bitcoin
7.7.2020
Bitcoin traders love hitting buy on their terminals when the price is around $9,000
The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network
7.7.2020
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and testing the SLP framework....
Bitcoin Options Data Shows Investors Betting on $50K BTC Price in 2021
7.7.2020
Traders are placing large bets on $50,000 Bitcoin options for June and December 2021, but what are the chances of BTC price reaching this level by then?
Nearly $60M in Bitcoin Moved to Ethereum in June
7.7.2020
Nearly $60 million worth of bitcoins moved to Ethereum during June, 75% of which came through Wrapped Bitcoin
Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions
7.7.2020
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid...
Stocks Are Soaring, Time to Short Bitcoin?
7.7.2020
Jay Hao. Jay Hao is the CEO of crypto exchange OKEx.
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When I woke up this morning, I received many messages from my friends, who told me, "Stocks have skyrocketed. Can we short bitcoin (BTC)?" Then I opened my Bloomberg and saw the following chart. The Shanghai Shenzhen CSI...