In a mainstream media interview, Draper surprises by confirming he was out of the market for half a year, doubling down on crypto instead. Tim Draper now holds “a lot” of his portfolio in Bitcoin (BTC) after pulling his wealth out of public stock markets six months ago. Speaking to CNBC on Feb. 24, the […]
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Boerse Stuttgart has listed an exchange-traded product that is inversely correlated to Bitcoin’s price swings. Investors looking to short Bitcoin (BTC) have a new option in Germany. On Feb. 25, Boerse Stuttgart — the country’s second-largest stock exchange — announced the listing of an exchange-traded product (ETP) that is inversely correlated to the cryptocurrency’s price […]
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Bitcoin price and equities markets dropped sharply as the Coronavirus continues to spread across the globe. On Monday morning equities markets in the United States and Europe dropped sharply as investors fear over the continued spread of COVID-19, also known as the Coronavirus, intensified. Earlier in the day, the Italian government instituted a quarantine on […]
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After breaking above $1 billion for the third time ever, daily volume for CME Bitcoin futures has plummeted by roughly 50% for three consecutive days. Daily trade volume for Chicago Mercantile Exchange (CME)’s bitcoin (BTC) futures produced a new low for 2020 on Feb. 21, with $118 million worth of contracts changing hands on Friday. […]
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Many cryptocurrencies are struggling to break above their overhead resistances, which could result in a minor correction or consolidation in the next few days. The global equity markets are reeling under pressure as the coronavirus outbreak has spread outside China. While gold, the traditional safe haven, has been moving higher, Bitcoin has largely remained range-bound. […]
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Fintech firm Diginex has revealed its further development plans, once the merge deal with 8i is closed. Investment holding company 8i Enterprises Acquisition Corp. and blockchain financial services and technology firm Diginex have scheduled a shareholders meeting to consider the proposed business merge. The special meeting will take place on March 20 in New York, […]
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Bitcoin price needed to pull back and consolidate before continuing the uptrend but another drop below $9.4K would be problematic. While the equity markets are taking a huge hit today, the cryptocurrency market and Bitcoin (BTC) price are remaining relatively stable over the weekend and into the start of this week. As the stock market […]
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Justin Sun, the founder and CEO of Tron, the 15th biggest cryptocurrency by market cap, is investing in a number of cryptos other than Bitcoin. Justin Sun, the founder and CEO of Tron (TRX), the 15th biggest cryptocurrency by market cap, is investing in a number of cryptos other than Bitcoin (BTC). In a Feb. […]
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Binance now offers both deposits and withdrawals in Hong Kong dollars without deposit fees. Binance, one of the world’s foremost cryptocurrency exchanges, now allows deposits in Hong Kong dollars. According to a Feb. 21 announcement, Binance now offers both deposits and withdrawals in Hong Kong dollars without deposit fees. After depositing Hong Kong dollars, users […]
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Crypto entrepreneur Tyler Winklevoss is reportedly the owner of the world’s most expensive ticket to space, which he bought for Bitcoins now worth $3 million. Tyler Winklevoss, a billionaire Bitcoin (BTC) investor and co-founder of cryptocurrency exchange Gemini, bought the world’s most expensive ticket to space. The purchase was made back in January, 2014, according […]
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