Expert Bitcoin investors and analysts are speculating about the sharp drop in the price of BTC from around $7,250 on Saturday, December 14, 2019 to under $6,600 on Tuesday, December 17, 2019. While long-term digital currency investors are evaluating assets stored with cryptocurrency custodial services, day-traders and others are trying to figure out the next […]
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Is Nordea Bank’s controversial Bitcoin ban protecting employees from themselves or using crypto as a scapegoat? An act of paternalism or a case of generic Bitcoin (BTC) distrust? It is hard to make out the exact reasons for Nordea Bank’s ban on its 31,500 employees trading in Bitcoin or other cryptocurrencies — even on their […]
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Despite bearish sentiment across Bitcoin markets, Bakkt is seeing more interest than ever, more than doubling its previous best from last week. Bitcoin (BTC) institutional trading platform Bakkt has set another giant new record for its futures contracts, topping 5,600 BTC on the day. As the company confirmed on Twitter, Nov. 27 saw a fresh […]
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China, tax moves and liquidity squeeze may have served to present a lethal combination, suggests Gabor Gurbacs, as Bitcoin circles $7,000. Bitcoin (BTC) price’s decline has come as a result of geopolitical and financial factors, a senior investment executive has suggested. In a tweet on Nov. 25, Gabor Gurbacs, digital asset director at investment management […]
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Following the ban of crypto purchases with credit card, Argentina’s P2P Bitcoin trading volume reaches an all-time high. Argentina’s central bank had formally banned consumers from purchasing Bitcoin (BTC) and other cryptocurrency using credit cards on Nov. 1. What followed was the very opposite of what the Argentine government had anticipated — over the past […]
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Bitcoin’s drop below $8k increases the change of a visit to the 61.8% Fibonacci retracement level at $7,845. Is a bounce incoming? Bitcoin’s (BTC) price action continues to be less than impressive unless one is a bear capitalizing on the current shorting opportunities. Bulls pinned their hopes on BTC price breaking out of the falling […]
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Fidelity Digital Asset Services, LLC has procured a charter from the New York State Department of Financial Services to operate a virtual currency custody and execution platform. Fidelity Digital Asset Services, LLC (FDAS) has procured a charter from the New York State Department of Financial Services (NYDFS) to operate a virtual currency custody and execution […]
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Bitcoin futures daily volumes on digital asset platform Bakkt have hit a new all-time high with 1,741 futures traded on Nov. 9. Bitcoin (BTC) futures daily volumes on digital asset platform Bakkt have hit a new all-time high, with 1,741 futures traded on Nov. 9. Bakkt announced the new record, stating: “Today we set a […]
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Trading strategies that yield consistent profit can be hard to find but crypto analyst PlanB says it’s possible to gain 7-10% per year from Bitcoin. Trading crypto assets, or any market for that matter, is a zero-sum game. When one person wins, someone else must lose, making trading highly competitive. That being said, consistently profitable […]
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After a lackluster debut, Bitcoin futures trading on the Intercontinental Exchange Bakkt platform is now seeing consistently rising interest from institutional traders. Bitcoin (BTC) futures trading on the Intercontinental Exchange Bakkt platform is seeing a considerable rise in average daily volume so far this month compared to September and most of October. Volumes yesterday, Nov. […]
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