Ran NeuNer, the host of CNBC’s CryptoTrader show, has rescinded his February prediction for Bitcoin’s 2018 price peak. Ran NeuNer, the host of CNBC’s CryptoTrader show, has rescinded his earlier prediction that Bitcoin (BTC) will reach $50,000 by the end of 2018, in a tweet Thursday, Nov. 1. NeuNer’s original prediction post from Feb.1, 2018 […]
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Bitcoin and altcoins have been representing a “new institutional investment class” since 2017, despite the ensuing bear market, Morgan Stanley says. Bitcoin and altcoins has been a “new institutional investment class” since 2017, U.S. multinational investment bank and financial services company Morgan Stanley claims in a new report released Oct. 31. The document, titled “Bitcoin […]
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The CEO of major crypto derivatives platform BitMEX, Arthur Hayes, has said he believes the current bear market could last another 12 to 18 months. The CEO of major crypto derivatives platform BitMEX, Arthur Hayes, has said he believes the crypto winter could last 18 months, in an interview with Yahoo Finance UK Oct. 31. […]
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Ethereum developer and co-creator of the ERC-20 token standard has introduced a new concept for ICOs to better protect investors. The Ethereum (ETH) developer that co-authored the ERC-20 token standard has introduced a new model for Initial Coin Offerings (ICO), Czech business news outlet Kurzy reports Oct. 31. Speaking at Ethereum’s annual Devcon conference in […]
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Cryptocurrency exchange Binance today saw its in-house token Binance Coin (BNB) become available to buy and sell with fiat currency for the first time. BNB Leaves The Crypto Realm In a partnership with UK-based trading platform eToro, the exchange will open up its token, which traders can use to pay fees, to direct exchange against […]
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Germany’s BaFin chairman Felix Hufeld is not convinced ICOs will become a mainstream phenomenon. Germany’s financial regulator wants to see an international effort to regulate Initial Coin Offerings (ICO), despite remaining uncertain whether they would ever become more than a “niche issue,” German business outlet Handelsblatt reported Sunday, Oct. 28. In an interview with the […]
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Calm continues to reign over cryptocurrency markets despite Bitcoin futures settlement deadlines coming and going. Bitcoin futures may have expired, but even that failed to produce volatility in cryptocurrency as markets remained flat Saturday, Oct. 27. Market visualization from Coin360 Data from CoinMarketCap and Coin360 confirm that the end of the trading week – and […]
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Most top twenty cryptocurrency see less than 1 percent volatility in the past 24 hours, data confirms. An eerie calm continues to linger over cryptocurrency markets Friday, Oct. 26, as Bitcoin (BTC) volatility hits an all-time low and altcoins remain stagnant. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 paints an underwhelming […]
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Bloomberg’s market experts consider that Bitcoin’s low volatility levels signal the coin is finding a price bottom. Bloomberg’s analysts have joined the ranks of experts who consider that Bitcoin (BTC)’s low volatility levels recently signal the coin is finding a bottom, according to an analysis published Oct. 24. Data analyzed by Bloomberg reveals that in […]
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Tether says it has “redeemed a significant amount” of tokens from the circulating supply, and will now “destroy” 500 million USDT from its treasury wallet. Tether, issuer of stablecoin USDT, says it has “redeemed a significant amount” of tokens from the circulating supply and will now “destroy” 500 million USDT from the Tether treasury wallet, […]
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