French billionaire Bernard Arnault has denied reports that he was involved in a Belgium-based cryptocurrency trading firm. Bernard Arnault, the world’s third richest man, has denied his involvement in setting up a new Belgian crypto trading company Abesix Belgique. Arnault was reported to be a co-founder of Abesix by Belgian business publication De Tijd on […]
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BitTorrent, a company known for its file transfer service, is testing its blockchain-based live streaming platform with an intended launch in Q1 2020. Major file sharing company BitTorrent, a subsidiary of blockchain company Tron, is going to internally test its blockchain-based live streaming platform in Q3 2019. Platform overview BitTorrent announced the news in an […]
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The Bitcoin price has dropped sharply below $10,000, marking a new weekly low and sending the currency back to where it started the 30-day period. The price of Bitcoin (BTC) has dropped dramatically today, falling by $600 at 6:00 p.m. UTC on Aug. 28. In the course of an hour, the Bitcoin price sank from […]
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Bitcoin is getting ready for a large move. At what level does it become a buy? Let’s analyze the charts. In the past few weeks, both Bitcoin and gold have attracted investors who have flocked to safe haven assets due to trade wars and an uncertain geopolitical environment. While traditional investors prefer investing in gold, […]
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Countries and internet companies hold on to hard stances on cryptocurrency advertising, as the industry seeks to survive the challenges. The United Kingdom’s Advertising Standards Authority (ASA) recently resolved a complaint regarding advertising of Bitcoin (BTC) from the BitMEX crypto derivatives exchange. According to the ASA, the website showed Bitcoin graphs with misleading price dynamics […]
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EY, the auditing firm working on the QuadrigaCX bankruptcy case, asked a Nova Scotia Supreme Court judge to move the proceedings to Toronto. EY, the Big Four accounting firm appointed to work on the QuadrigaCX crypto exchange bankruptcy case, wants to move the proceedings from Halifax to Toronto. Local news outlet The Star reports on […]
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Bakkt clients will be able to start depositing their Bitcoin in the platform’s custodial offering, Bakkt Warehouse, starting Sept. 6. Bakkt clients will be able to start depositing their funds in the Bakkt Warehouse for physically delivered Bitcoin (BTC) futures starting Sept. 6. Bakkt to debut futures trading on Sept. 23 On Aug. 28, the […]
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Tech market advisory firm ABI Research said that global revenues for blockchain technology are expected to hit $10 billion by 2023. Global revenues for blockchain technology are expected to hit $10 billion by 2023. Tech market advisory firm ABI Research published its findings regarding global revenues from blockchain technology on Aug. 28. Per ABI, investments […]
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The Chicago Mercantile Exchange Group’s Bitcoin futures saw an average daily volume of $515 million in May. The Chicago Mercantile Exchange (CME) Group’s Bitcoin (BTC) futures saw an average daily volume of $515 million in May 2019. Forbes reports on Aug. 28 that the CME Group’s Bitcoin futures are seeing new records in trading activity. […]
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Current calm conditions may not last as the week progresses, with $10K Bitcoin price support not guaranteed. Bitcoin (BTC) price held above $10,000 for a third day on Aug. 28 as a fresh period of sideways trading endured through the week. Market visualization. Source: Coin360 Eerie calm descends over Bitcoin markets Data from Coin360 painted […]
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