Bitcoin has pulled back and has partially filled the CME futures “gap” at $7,230 as another dip below $7K is possible before the next big move up. Bitcoin (BTC) finally recovered from its sharp drop last week and is currently hovering around $7,300, a move of more than ten percent since the latest low of […]
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United States-based cryptocurrency brokerage BitOoda has secured $7 million in funding from investors including former senior investment exec at JPMorgan. United States-based cryptocurrency brokerage BitOoda has secured $7 million funding from major investors including former senior investment exec at JPMorgan. Founded in 2017, BitOoda positions itself as a digital asset financial services platform that combines […]
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Former PayPal and Google veteran Mike Blandina appointed as new CEO of Bakkt, while former Coinbase exec is now the new president of the company. Former PayPal and Google veteran Mike Blandina has been appointed as the new CEO of major cryptocurrency trading platform Bakkt. Following the departure of founding CEO Kelly Loeffler, who was […]
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The U.S. SEC has earmarked a longer period for considering an updated Bitcoin and T-Bills exchange-traded fund proposal by Wilshire Phoenix Fund. The United States Securities and Exchange Commission (SEC) has earmarked a longer period for considering an updated Bitcoin (BTC) and U.S. T-Bills exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. In a notice […]
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Bitcoin price manages a strong weekly close as the price rallied from $7.1K to $7.6K, leading investors to wonder if a trend reversal is in the making. On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts […]
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Eight U.S. Congressmembers appealed to the IRS, urging the agency to provide additional clarity concerning crypto tax laws. Eight members of the United States (U.S.) Congress sent a letter to the Internal Revenue Service (IRS) urging the agency to provide additional clarity on cryptocurrency tax laws. A letter dated Dec. 20, signed by eight U.S. […]
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U.S. Congressman introduces bill which aims to bring regulatory clarity to cryptocurrency industry. Paul Gosar, an Arizona Congressman, has introduced a draft bill, aimed at finally bringing regulatory clarity to the cryptocurrency industry in the United States, according to a Forbes article published on Dec. 19. The Crypto-Currency Act of 2020 sets out which Federal […]
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Binance has made a strategic investment in Alameda Research-backed crypto derivatives exchange FTX. Binance, the second-largest crypto exchange by daily traded volume, has made a strategic investment in crypto derivatives exchange FTX. According to a Dec. 20 announcement, Binance has made both an equity investment in FTX and is taking a long term position in […]
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Are the world’s biggest crypto companies actually its biggest bullies? DigiByte founder Jared Tate tells Cointelegraph about struggles with Binance and Poloniex for listing. What started as a Twitter thread of frustrated complaints about corruption and centralization in the crypto industry ended with an abrupt announcement: the delisting of DigiByte on Poloniex. Jared Tate, the […]
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Bitcoin price makes a strong recovery back over $7,000, filling the weekend’s CME futures gap and bouncing off crucial support earlier today. Bitcoin (BTC) price is currently in the process of a strong reversal, which has seen the digital asset quickly recover 8.16% to trade slightly above $7,200. On Dec. 17 the digital asset broke […]
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