Regulatory compliance is crucial for firms hoping to drive mainstream crypto adoption no matter which part of the world they operate in. Mainstream interest for cryptocurrency is becoming ever-apparent as major online payment systems such as PayPal begin to offer support for digital currencies. While a revolutionary step for both the crypto and traditional finance […]
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A Bitcoin price reversal may be incoming if the historically accurate metric calls the top like in 2019. Bitcoin (BTC) is all but guaranteed a price drop if one sentiment metric is right about the state of the market. On Nov. 19, with BTC/USD lingering at $17,500, the Crypto Fear & Greed Index hit 94, nearly […]
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Bitcoin is getting more popular each day. As Bitcoin (BTC) hit a three-year high on Nov. 18, more people around the world have started moving into the world’s largest cryptocurrency, according to Glassnode data. Glassnode, a major provider of cryptocurrency analytics data, recorded a major spike in the number of new Bitcoin addresses on Nov. 18. […]
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Alameda Research’s Sam Trabucco pinpoints four main factors that are pushing the price of Bitcoin toward its all-time high. Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other […]
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Bitcoin can pass its $20,000 all-time highs within weeks, says Alex Saunders, while Ether only needs a year to beat its own record. Bitcoin (BTC) can hit $100,000 in five years and $1 million by 2035, Nugget’s News CEO Alex Saunders has told Cointelegraph. Speaking in an interview with Cointelegraph Markets analyst Michaël van de […]
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Technical factors suggest Bitcoin is still in a bull run even after a sharp sell-off from $18,476. After Bitcoin (BTC) price suddenly dropped from around $18,500 to $17,200, some traders began to question whether a local top had formed but there are multiple factors that suggest the bull run is still intact. Following the initial pullback, BTC […]
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Bitcoin mining revenue has topped $20 million per day, its highest level this year. Key on-chain metrics such as Bitcoin mining revenues have returned to pre-halving levels according to recent research. Data from analytics provider, Glassnode, suggests that revenue from Bitcoin mining is now back at the same levels it was as when block rewards […]
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Former hedge fund manager Jesse Felder claimed, among other things, that hard forks were “multiplying the number and type of Bitcoins in circulation.” Bitcoiners are crying foul at former billion-dollar hedge fund manager Jesse Felder’s “inaccurate” hot take blog post about Bitcoin today in which he claims the crypto asset “doesn’t make sense as an […]
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Hong Kong appears to be tightening the screws on unregulated crypto exchanges. Proposed regulations targeting Hong Kong’s blockchain industry could have far-reaching consequences for the crypto derivatives market, according to new research from Messari.io. In a report published on Wednesday, researcher Mira Christanto said the Special Administrative Region of Hong Kong, which happens to be […]
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Investors are afraid of a 2019-style 30% Bitcoin price drop, but options data suggest $18.5K is not the top. Earlier today, Bitcoin (BTC) price peaked at $18,476 after an impressive 35% bull run that appears to have started in early September. This powerful movement was followed by a correction to $17,000, a natural pullback. This […]
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