WSJ: Bitcoin Trading at Strong Correlation with Gold as Traditional Investors Step In

A Wall Street Journal has suggested that Bitcoin’s correlation with “traditional” assets markets has been high in recent days. A Wall Street Journal (WSJ) article published today, Dec. 28, suggests that Bitcoin (BTC)’s correlation with traditional assets markets has been high in recent days. Citing data from research firm Excalibur Pro Inc., the WSJ states […]

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Italy Unveils ‘High-Level Experts’ to Help Develop Its Official Blockchain Strategy

The Italian government has announced that 30 blockchain experts will help integrate the technology at the state level. The Italian government has published its list of 30 blockchain high-level experts to further its integration of the technology at state level, Cointelegraph Italy reported Dec. 27. The result of a four-month hiring and consultation process, the […]

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Daily Traded Volume on Huobi’s Crypto Derivatives Platform Breaks $1 Billion

Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market has broken past $1 billion. Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market (DM) has broken past $1 billion, according to a press release shared with Cointelegraph on Dec. 27. Huobi Global — which operates the world’s third-largest largest crypto spot […]

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From Blanket Ban to Its Own Stablecoin: How Facebook’s Relationship With Crypto Changed Over 2018

Facebook is now making a stablecoin for WhatsApp, reports suggest. On Dec. 20, Bloomberg reported that Facebook is making a stablecoin for WhatsApp users. The cryptocurrency will reportedly be used for money transfers made within the messaging app and will focus on the Indian market. The move provides a curious juxtaposition for the social media […]

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Third-Largest Crypto Exchange Huobi’s Derivative Market Now Includes EOS

The Huobi Derivative Market has added EOS contracts, which allows traders to take both long and short positions on the cryptocurrency. Cryptocurrency exchange Huobi’s derivative market now supports altcoin EOS, according to an official press release shared with Cointelegraph on Dec. 28. Huobi is currently the third-ranked cryptocurrency exchange by adjusted volume on CoinMarketCap, with […]

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