Bitcoin price stabilizes after heavy losses, but opinion is split about how healthy the market really is. Bitcoin (BTC) lingered around $8,400 on Sept. 26 as relative stability returned to markets after their tumultuous fall earlier in the week. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price ponders resistance at $8.5K Data from Coin360 showed […]
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Wyoming Blockchain Coalition president Caitlin Long argues that the recent unrest in the money markets shows that Bitcoin is systemically more stable than traditional finance. Wyoming Blockchain Coalition president Caitlin Long has responded to the recent unrest in the money markets by analyzing the systemic fragility of the traditional financial sector as compared with Bitcoin […]
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Tron founder and CEO, Justin Sun, says he’ll reschedule his charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett “very soon.” Tron founder and CEO, Justin Sun, says he’ll reschedule his charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett “very soon.” The CEO announced the news during a live stream on Tuesday, […]
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Stellar Lumens (XLM) trading will now be available to Coinbase users in New York state for the first time. Major United States-based cryptocurrency exchange Coinbase that it made Stellar’s Lumens (XLM) trading available also to those users who reside in New York. The exchange made the announcement in a tweet sent by its official Twitter […]
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The Facebook CEO appeared very keen to address criticism of Libra in advance, in stark contrast to the company’s previous style. Facebook is taking a much more careful approach to Libra than its previous projects, CEO Mark Zuckerberg has confirmed. Zuckerberg on Libra: Talking first, rollout second Speaking in an interview with Asia-based news outlet […]
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Fresh findings from Arcane Research compound existing suspicions that futures expiries make Bitcoin markets lose value. New research this week has added to suspicions that futures settlement dates end up manipulating the Bitcoin (BTC) price. Bitcoin drops 75% of the time before futures expire According to findings from Arcane Research reported by Norwegian crypto news […]
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An ex-Fed official says it makes no sense to end U.S. dollar dominance by replacing it with a digital currency, such as Facebook’s Libra coin. Ex-United States Federal Reserve official Simon Potter stated that the plan to end the U.S. dollar’s dominance by replacing it with a digital currency makes no sense. Central banks unlikely […]
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One of the Big Four banks in the U.K., Lloyds Bank, has partnered with blockchain platform Komgo to speed up international commodity trade finance. Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division. Blockchain to streamline international trade process On Sept. 25, United Kingdom financial news outlet FStech reported that […]
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Binance’s decision to re-enter the Chinese crypto market seems to make a lot of sense to many experts operating within this space. In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since […]
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Is the current fall the start of a new bear market or is this a bear trap? Let’s analyze the charts. The total cryptocurrency market capitalization had repeatedly taken support close to the $250 billion mark since mid-July of this year. However, the recent collapse in crypto markets led by Bitcoin (BTC) has broken the […]
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