Amidst Recent Market Crash, Susquehanna ‘Crypto King’ Emphasizes Crypto Is a ‘Long Game’

Bart Smith, digital asset head at U.S.-based global trading and technology firm Susquehanna, says Bitcoin is a long-term game. Bart Smith, digital asset head at U.S.-based global trading and technology firm Susquehanna, has said he is still a long-term Bitcoin (BTC) believer amidst the market crash during an episode of CNBC’s “Fast Money” Nov. 20. […]

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Markets Panic: Bitcoin Hits Lowest Since October 2017 as Bitcoin Cash Drops 40 Percent

A turbulent time for cryptocurrency markets has seen Bitcoin Cash almost lose half its value and Bitcoin set 13-month lows. A “panicked” twenty-four hours in cryptocurrency markets saw Bitcoin (BTC) hit fresh lows not seen in over a year Nov. 20 as assets across the board shed millions. Data from Cointelegraph’s price tracker, Coin360, CoinMarketCap, […]

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OKEx Rebuffs Market Manipulation Claims Over Early Bitcoin Cash Futures Settlement

The debacle over OKEx’s Bitcoin Cash futures treatment continues with an official denial of market manipulation from the exchange. The world’s second-largest cryptocurrency exchange OKEx hit back at accusations it “manipulated markets” by adjusting Bitcoin Cash (BCH) futures settlements in a fresh statement Nov. 20 sent to Cointelegraph. The exchange, which opted to deliver BCH […]

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Cryptocurrency Is ‘a Big Deal’ But Needs Institutional Investment, Says KPMG Report

One of the world’s biggest auditors has put a newly bullish case for cryptocurrency’s ascent to a “full-fledged asset class.” Netherlands-based ‘Big Four’ auditor KPMG released a bullish report on cryptocurrency Nov. 15. The report argues that institutional investors must join the industry for it to “realize its potential.” The report, dubbed ‘Institutionalization of Cryptoassets,’ […]

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