The seemingly highly lucrative Medallion Funds will be able to target CME Group’s cash-settled Bitcoin futures, according to a filing. A secretive yet reportedly highly lucrative hedge fund now has the green light to invest in Bitcoin (BTC) futures markets. In a brochure originally dated March 30, the United States regulator the Securities and Exchange […]
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PlusToken is not behind the recent Bitcoin price crash, but as scam activity peaks amid the pandemic they may still affect the market. Bolstered by the new coronavirus pandemic, scams continue to be rampant in the cryptocurrency world. From malware to fake investment programs and even fake donations to health organizations, scammers are known for […]
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As Bitcoin consolidates in a tight $6,900 to $7,100 range three technical factors suggest BTC is vulnerable to a sharp correction. The Bitcoin price (BTC) has been consolidating in the $6,900 to $7,100 range throughout the past 36 hours, right below a heavy resistance level at $7,200. Typically, a large price movement occurs when BTC […]
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The premium on Grayscale Bitcoin Trust shares has dropped despite the recent recovery in the Bitcoin price. Is this a bearish sign? Grayscale’s Bitcoin Trust shares (GBTC) are currently trading at $7.49 per share, a 15.81% premium of Bitcoin. GBTC is the first publicly quoted security “solely invested in and deriving value from” Bitcoin and […]
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Most major cryptocurrencies appear ready to start new uptrends after recently bouncing off strong support levels. Binance chief executive officer Changpeng Zhao said that trading activity across major crypto exchanges had increased between 3 to 5 times. This is a bullish sign as it “means there are a lot more people coming into the industry.” […]
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Most crypto analysts believe that proper regulation is needed when it comes to promoting the legitimacy of stablecoins. According to a study released by the G-20’s Financial Stability Board on April 14, stablecoins pose a pertinent risk to the financial stability of the global economy and therefore need to be regulated in a manner that […]
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Billionaires Mark Cuban and Tyler Winklevoss debate about Bitcoin’s complexity in comparison to basketball. Despite being over a decade old, Bitcoin (BTC) is still not particularly easy to understand. Even major BTC bulls like Tim Draper have admitted that Bitcoin still lacks ease of use for mainstream adoption. In the same vein, two key figures […]
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Block.One has decided to vote with its stake of almost 10% of all EOS, but the block producers seem unfazed. In an unprecedented move, Block.One announced on April 8 that it would begin voting for block producers, or BPs. This marks a clear change in the company’s policies, which previously went to great lengths to […]
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AtomicDEX CTO believes Binance is “a ticking time bomb” ready to blow up any moment. Kadan Stadelmann, CTO of the decentralized exchange AtomicDEX, believes it’s only a matter of time before Binance (BNB) implodes. Vitalik’s dream fulfilled AtomicDEX is a decentralized exchange built on top of the Komodo (KMD) multi-chain platform. It claims to be […]
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CoinMarketCap reported a traffic drop in China, but increased traffic from women and young adults, attributed to the COVID-19 pandemic. April 17, as part of the BlockDown 2020 online blockchain conference, CoinMarketCap’s Chief Strategy Officer and Interim CEO, Carylyne Chan, presented the company’s report into the cryptocurrency market for the first quarter of 2020. Trends […]
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