Chinese president’s embrace of blockchain tech triggered a recent surge in Bitcoin’s price, Galaxy Digital CEO Mike Novogratz said. China’s President Xi Jinping gave credibility to blockchain and crypto by calling the country to accelerate blockchain adoption, said Galaxy Digital CEO Mike Novogratz. The cryptocurrency investor delivered his remarks speaking at the Reuters Global Investment […]
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Research claiming one Tether wallet partly sparked Bitcoin’s 2017 all-time price high misunderstands markets, says Jeremy Allaire, among other reasons. Bitcoin (BTC) price highs in 2017 were not the result of a single trader on an exchange, the CEO of payment company Circle claims. In a series of tweets on Nov. 4, Jeremy Allaire disputed […]
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Stellar takes the lead with 20%, while Bitcoin’s price hovers above the $9,300 price mark and the crypto markets continue to show upward price momentum. Tuesday Nov. 5 — Crypto prices continue to show upward momentum across markets, while Bitcoin (BTC) hovers around the $9,300 price mark and Stellar (XLM) takes a shot at the […]
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Stellar Lumens’ massive token burn might be the trigger needed to activate a new bullish market cycle on XLM? On Nov.4 Stellar Lumens announced the completion of a 50% token burn of their total supply. This led to the destruction of 55 billion (XLM) tokens and the Stellar Development Foundation explained that the token burn […]
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Libra will be a “journey of years and decades” and not a payment service like PayPal but more of an interoperability protocol like email, says Calibra’s VP of product. Facebook’s crypto project Libra will be more similar to email tech than payment services such as PayPal, vice president of product at Calibra said. Speaking at […]
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After a strong weekly and monthly close, Bitcoin bulls are now pushing the price toward $10,600 in the short-term and $11,900 on longer time frames. Crypto traders fully understand that there is never a boring day in the sector and the month of November started with a handful of tantalizing news stories. On Nov. 4, […]
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A gap in Bitcoin futures trading suggests Bitcoin will try to fill remaining space around $8,600 before continuing higher, says one market analyst. Bitcoin (BTC) was trending higher on Nov. 4 as sideways behavior gave way to more purposeful upward momentum across markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin seeks to break out of […]
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Researchers have escalated their claims about market manipulation in winter 2017, now claiming that a single whale was responsible for Bitcoin’s historic price surge. Researchers have escalated their claims about market manipulation in winter 2017, now claiming that a single whale was responsible for Bitcoin’s historic price surge. The development was reported by Bloomberg on […]
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Bitcoin could end up failing to follow US dollar price predictions due to its inherent strengths over fiat currency, PlanB agrees. The creator of the highly popular Stock-to-Flow model for forecasting the Bitcoin (BTC) price says he would be happy if it stays valid for the next 12 years. PlanB: Stock-to-Flow not until 2140 In […]
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Data from U.S. crypto exchange and wallet service Coinbase shows that Bitcoin continues to outperform the S&P 500 since 2013. According to a new report by United States-based cryptocurrency exchange and wallet service Coinbase, Bitcoin (BTC) continues to outperform the world’s most popular stock indexes. Coinbase published its latest report on the day that the […]
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