Veteran trader Scott Melker revisits some recent Bitcoin trades, as well as an interesting trade on altcoin Ankr Network (ANKR). In my fifth journal entry, I provide updates on my previous Bitcoin (BTC) position, highlight a new BTC position, and discuss a recent altcoin trade on Ankr Network (ANKR). BTC/USD Setting up the trade Entries: […]
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Bakkt will launch the first regulated options contract for Bitcoin futures on December 9 in an industry first. Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for Bitcoin (BTC) futures on Dec. 9. Bakkt options contract is certified with CFTC According to the Bitcoin futures exchange, the key […]
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The country that tried to ban Bitcoin in 2013 is now home to some of the world’s most permissive ICO regulations. After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently announced that it has […]
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In his latest comments to Facebook CEO Mark Zuckerberg, the infamously anti-Bitcoin California congressman admitted cryptocurrency had a chance of succeeding. The United States congressman who said the country should ban cryptocurrency returned to publicly slating the phenomenon this week. Sherman: Crypto could “achieve its objectives” During the latest hearing over Facebook’s Libra digital currency […]
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“I do believe that Bitcoin eventually will exceed $20,000,” says Joel Birch, founder of crypto hedge fund Lunar. Joel Birch, the founder of crypto hedge fund and market research firm Lunar, said that he sees Bitcoin (BTC) at under $8,000 as a buying opportunity during an interview with Forbes published on Oct. 23. Buying bottom […]
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External pressure appears to influence sentiment as Facebook grilling by U.S. Congress coincides with a sudden Bitcoin price crash. Bitcoin price (BTC) hovered near widely-predicted support levels on Oct. 24 after a day of carnage sent markets tumbling to five-month lows. Cryptocurrency market daily overview. Source: Coin360 Bitcoin battles fresh Congressional criticism Data from Coin360 […]
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Computing resources dedicated to Bitcoin transaction validation is bigger than ever, underscoring miners’ overall bullish sentiment despite the price falling. Bitcoin (BTC) continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance. Hash rate hits all-time highs in October Data from monitoring resource […]
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Having made a big move at the start of 2019, Bitcoin price now needs to consolidate its gains, argues Fundstrat’s Tom Lee. Having made a big move at the start of 2019, Bitcoin (BTC) now needs to consolidate its gains, argues Fundstrat’s Tom Lee. In an Oct. 22 interview for BlockTV, Lee — a renowned […]
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Blockchain software technology company ConsenSys unveils Ethereum-based satellite tracking app TruSat. Blockchain software technology company ConsenSys has unveiled Trusat, a satellite tracking application based on the Ethereum (ETH) network. According to the firm’s tweet posted on Oct. 22, Trusat aims to tackle the problem of space debris that could damage Earth’s space infrastructure. Tackling space […]
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Major cryptocurrency exchange Binance prepares to list the first-ever SEC-sanctioned Blockstack token. Major cryptocurrency exchange Binance is preparing to expand its token offering with the listing of Blockstack (STX). According to an announcement on Oct. 23, the cryptocurrency exchange will open trading for STX/Binance Coin (BNB), STX/Bitcoin (BTC) and STX/Tether (USDT) trading pairs on Oct. […]
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