After passing $16,000, most analysts are optimistic about Bitcoin’s short-term outlook, but some are worried about a potential correction. The price of Bitcoin (BTC) surpassed $16,000 with relative ease on Nov. 13 and has remained resilient above it. Analysts are divided on the short-term outlook on BTC because the momentum remains strong but there are […]
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The way OKEx has handled its nearly month-long withdrawal ban has left many of the company’s loyal customers confused and angry. As the crypto market continues to soar to new heights on a nearly daily basis — with Bitcoin (BTC) currently resting around the $16,100 threshold — the murkiness surrounding cryptocurrency exchange OKEx has continued […]
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Galaxy Digital reported a large uptick in trading volumes in the third quarter. Galaxy Digital’s over-the-counter trading desk posted record volumes in the third quarter, signaling once again that institutional uptake of digital assets is on the rise. The company’s third-quarter earnings report showed a 75% year-over-year rise in trading volumes, reaching approximately $1.4 billion. […]
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Jon Cunliffe, one of the leaders of England’s central bank, said banks must adapt to the changes brought on by digital assets. Blockchain and digital assets offer folks the ability to store their own assets, possibly threatening the solution banks offer. Making sure banks remain relevant is not on England’s central bank to-do list, however, […]
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Analysis of past elections on other assets tell a positive story for Bitcoin, with holders already sitting in profit. With Joe Biden poised to be the next president of the United States, Cointelegraph Consulting reflects on how traditional assets have responded to the election of a Democratic candidate. Historically, Democrats have been bullish for gold, […]
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Another bank is reportedly moving into crypto amid a major bull run in crypto markets. Belarusbank, the largest financial institution in Belarus, is reportedly launching a cryptocurrency exchange service. According to a Nov. 12 report by local news agency Prime Press, Belarusbank is rolling out a service allowing users to exchange cryptocurrency using a Visa […]
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Ripple’s new filing with the USPTO is for the trademark “PayString.” Ripple, the developer of various XRP-based products, has filed yet another new trademark with the United States Patent and Trademark Office, or USPTO. Filed on Nov. 6, a filing for the trademark “PayString” gives scant information as to which business or product will be marketed […]
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Bitcoin has been highly volatile in recent weeks, but the futures market’s open interest indicates that traders should brace themselves for a big move. Bitcoin (BTC) has been highly volatile in recent weeks, rallying above $16,000 for the first time in three years. But the futures market’s open interest indicates that a large volatility spike […]
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Binance users can now sign up to mine Ether as well as Bitcoin via the exchange’s mining pool. After launching its Bitcoin (BTC) mining pool in April, crypto exchange Binance has now launched an in-house mining pool for the market’s largest altcoin by market cap, Ether (ETH). For the first month, between Nov. 12 and Dec. 12, […]
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A bi-directional charging scenario allows vehicle owners to sell excess power back to office buildings at a profit. A three-year pilot scheme for an innovative blockchain-based electric vehicle, or EV, charging platform has received $1 million in funding from Natural Resources Canada, a department of the country’s government. The scheme promises to reduce the cost […]
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