Fundstrat’s Thomas Lee revealed that his “Bitcoin Misery Index” has recently hit its highest figure since June 2016, in what he suggests could be a good or a bad sign. Wall Street strategist and co-founder of Fundstrat Global Advisors Thomas Lee revealed on April 11 that his “Bitcoin Misery Index” (BMI) recently hit its highest […]
Continue Reading
sponsored A crypto exchange says it is prioritizing the privacy of its users by enabling them to convert coins without requiring them to open an account first. A cryptocurrency exchange says it is prioritizing the privacy of its users — eliminating the “tedious” registration steps imposed by other websites. BitConvert argues that some rival platforms […]
Continue Reading
Facebook and Telegram’s launch of coins will be more of a game changer for social media and banking than for crypto. Facebook is controversial, if nothing else. The world’s fifth-biggest company by market cap, it’s also the biggest social network by a comfortable margin. Yet, despite the fact that most of us use it, we’ve become increasingly […]
Continue Reading
Most of the top 20 cryptocurrencies are reporting moderate gains as Bitcoin fights to stay over $5,000. Friday, April 12 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day by press time, as Bitcoin (BTC) approaches the $5,100 mark. Market visualization courtesy of Coin360 Bitcoin’s price is up […]
Continue Reading
Chinese government is considering the elimination of crypto mining. On April 9, Reuters reported that a Chinese government agency is considering the elimination of crypto mining in the country. Given that China has been hosting the majority of mining pools on its soil, the global crypto industry might be poised to take a massive hit. […]
Continue Reading
Pennsylvania-based Ben Franklin Technology Partners will tokenize shares of its Philadelphia investment fund. State-backed venture capital (VC) firm Ben Franklin Technology Partners has rolled out a blockchain-based onboarding and tokenization platform. The development was revealed in a blog post on Thursday, April 11. Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of […]
Continue Reading
Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” San Francisco-based blockchain project Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” The news was announced by co-founder and CEO at Thor, David Chin on April 9. […]
Continue Reading
U.S. Congressmen sent a bipartisan letter to the IRS asking to clarify the basics of crypto tax reporting. Members of the United States Congress sent a joint request to the Internal Revenue Service (IRS) to provide clarity on reporting crypto taxes, according to an announcement on April 11. 21 different representatives sent a bipartisan letter […]
Continue Reading
Mike Blandina, who has over 25 years of experience in payments and engineering, joined Bakkt as its new chief product officer. A former engineering executive at PayPal and Google will join the team behind the institutional digital asset platform Bakkt, the firm’s CEO Kelly Loeffler announced in a blog post on Medium on April 11. […]
Continue Reading
Reddit users analyzed past Bitcoin (BTC) withdrawals from the QuadrigaCX cryptocurrency exchange. Reddit users analyzed past Bitcoin (BTC) withdrawals from the now-defunct QuadrigaCX cryptocurrency exchange in a post published on April 10, finding that some came from other exchanges. The Reddit users claim that of the withdrawal transactions that they analyzed, one came from a […]
Continue Reading