Experts in blockchain technology and crypto take on the question: What should happen to say that cryptocurrency mass adoption has started? Since its inception in January 2009, Bitcoin’s (BTC) popularity has been increasing, peaking in December 2017 when the leading cryptocurrency’s price hit record highs around $20,000 per coin and dropped back down. After 10 […]
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New product the company says “looks and feels like” a Bitcoin ETF falls flat trying to appeal to its high-end client base. Investment management firm VanEck has issued just 4 bitcoins (BTC) via its new trust focused on institutional investors. VanEck: one week, one Bitcoin basket Data from the company, spotted by economist and cryptocurrency […]
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The price of Bitcoin is holding above the $10,300 price mark as the market is mostly trading sideways today. Monday, Sept. 9 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Market visualization. Source: Coin360 Bitcoin (BTC) has been trading sideways for the better part […]
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The action might shift to altcoins for the next few days. Which altcoins offer a trading opportunity? Let’s analyze the charts. Preparations for the launch of Bitcoin (BTC) futures on Bakkt are on track. While market participants were excited before the launch of CME group’s futures trading at the end of 2017, the current launch […]
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The chief operating officer at major digital currency exchange BitMEX, Angelina Kwan, has reportedly stepped down from the position. The chief operating officer (COO) at digital currency exchange BitMEX, Angelina Kwan, has reportedly stepped down. A spokesperson familiar with the matter told industry-focused media outlet The Block on Sept. 9 that Kwan stepped down as […]
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Bakkt Warehouse deposits are covered by $125 million insurance policy, the company announced today. All Bitcoin deposited at the Bakkt Warehouse is protected by a $125 million insurance policy, the company announced Sept. 9. Bakkt started accepting deposits and withdrawals Sept. 6, ahead of the proposed launch of its futures products on Sept. 23. Everything […]
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It’s hard to tell if Bitcoin price is bullish or bearish so let’s look at both scenarios to anticipate which way BTC could break this week. Last Friday Bitcoin (BTC) price marched within just a few dollars reach of $11,000 and it seemed that the weekend would be a bullish one. The top digital asset […]
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Can the top performers of the past week build on the gains and turn bullish? Let’s look at the charts. The United States Federal Reserve is not working on a digital currency of its own, said Fed Chair Jerome Powell. He said that cyber security issues are likely to deter central banks from releasing their […]
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Was yesterday’s sudden $700 Bitcoin price drop and Bakkt opening up deposits a coincidence or a classic example of “buy the rumor, sell the news”? Bakkt Warehouse custody opened yesterday, as clients were able to deposit Bitcoin funds into the accounts. However, minutes after the tweet announcing the opening, the price of Bitcoin dropped by […]
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A Sinochem subsidiary is reportedly in negotiations with Shell and Macquarie regarding the development of a blockchain platform for the oil sector. A subsidiary of Chinese oil and chemical giant Sinochem Group is reportedly in discussions regarding a blockchain platform with Royal Dutch Shell and Australian financial services firm Macquarie Group. As Reuters reported on […]
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