Bitcoin price surged by 10 percent in 24 hours, but three factors suggest that the rally itself may be a fakeout. The Bitcoin price increased by more than 10% in a 24-hour span, rising from $7,020 to $7,770 on both spot and futures exchanges. But, BTC is showing all three signs that the upsurge was […]
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Bitfinex is planning to list its first cross-chain DeFi token pBTC to further push DeFi adoption and liquidity. Major crypto exchange, Bitfinex, continues to drive decentralized finance, or DeFI, adoption by announcing support for a new cross-chain DeFi solution. Bitfinex exchange plans to list pTokens (pBTC) — a new token that aims to unlock cross-chain […]
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Bitcoin is now trading at twice the price it reached during the March crash, having added 10% in one day and left stocks in the dust. Bitcoin (BTC) tested support at $7,500 on April 24 after a surprise surge saw the cryptocurrency beat out resistance and reliance on stocks. Cryptocurrency market daily overview. Source: Coin360 […]
Continue ReadingThe coronavirus pandemic is a make-or-break situation for crypto banks as many see opportunities despite the obvious setbacks. As 2020 staggers on, the scourge of the coronavirus is showing no sign of relenting any time soon. Since the reality of the pandemic took hold, it has revealed itself to be a black swan the likes […]
Continue ReadingSecuritize, a compliance platform for token issuers, has released a new tool that ensures private digital securities trading is completed compliantly. Securitize, a digital securities platform backed by major cryptocurrency exchange Coinbase, has announced a new tool that assures that secondary market transactions of digital securities are compliant with regulations. According to an April 22 […]
Continue ReadingMajor crypto exchange Binance claims to have become the largest options venue in the crypto market, having hit $295 million in traded volume as of April 20. Major crypto exchange Binance claims to have become the largest options venue in the cryptocurrency market, having hit $295 million in traded volume as of April 20. In […]
Continue ReadingPortugal unveils plans for cross-sector “technological free zones” to encourage experimentation in artificial intelligence, blockchain, 5G, nanotechnology and more. The Portuguese government plans to create “Technological Free Zones” (Zonas Livres Tecnológicas) with tailored regulatory regimes that encourage innovation and experimentation. Unveiled on April 21 as part of the country’s ambitious digital transition action plan, the […]
Continue ReadingHaving just recently announced plans to close shop, Bitcoin payments facilitator Purse.io says it is now reconsidering due to “an incredible outpouring of support from the community.” Having just recently announced plans to close shop, Bitcoin (BTC) payments facilitator Purse.io says it is now reconsidering due to “an incredible outpouring of support from the community.” […]
Continue ReadingWeiss Crypto Ratings rate Cardano, Tezos and Cosmos above Bitcoin and Ether based on their technology. In the latest figures released by financial rating agency Weiss Crypto Ratings this week, Cardano (ADA), Tezos (XTZ), Cosmos (ATOM) and Fantom (FTM) are the top coins by in the “technology” category, ranking above Bitcoin (BTC) and Ether (ETH). […]
Continue ReadingIn a scathing attack on the world’s ailing financial system, Raoul Pal puts his faith firmly in Bitcoin and gold as the future. Bitcoin (BTC) can rally to $1 million but coronavirus means that the baby boomer generation is “fucked,” a damning new macro report concludes. Originally published to clients on March 30, the report […]
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