Bitcoin is getting ready for a large move. At what level does it become a buy? Let’s analyze the charts. In the past few weeks, both Bitcoin and gold have attracted investors who have flocked to safe haven assets due to trade wars and an uncertain geopolitical environment. While traditional investors prefer investing in gold, […]
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What’s driving regulatory processes around crypto, and why should we welcome restrictions on an industry that has so far enjoyed nearly unbridled freedom? When we hear about holders of crypto being tracked down by the Internal Revenue Service, or that imprisonment is being considered for anyone using crypto in India, it conjures up a disconcerting […]
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Crypto custody solutions are on the rise, and Coinbase appears to be taking over the market — who else is chasing the number one spot? Cryptocurrency custody providers seem to be springing up all over the global digital landscape in 2019, and the crypto platform Coinbase emerging as the leader in the sector. At their […]
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Bitcoin’s new normal bottom is $10,000, according to CEO and founder of financial consultancy firm deVere Group Nigel Green. Nigel Green, the CEO and founder of financial consultancy firm deVere Group, says that the new normal bottom for Bitcoin (BTC) price is $10,000. BTC price holding $10K level for 3 months London business news outlet […]
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Around 50% of open interest in futures markets is set to expire on Friday, something many say could influence Bitcoin price. Bitcoin (BTC) price was still testing support at $10,000 on Aug. 27 as all eyes began focusing on the upcoming futures expiration set for Friday. Market visualization. Source: Coin360 Bitcoin price retests five-figure support […]
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The general manager of the Houston Rockets pro basketball team, Daryl Morey, disclosed that he recently increased his Bitcoin holdings. Daryl Morey, the general manager of the Houston Rockets basketball team, said that he recently bought more Bitcoin (BTC). On Aug. 23, Morey tweeted “I just bought more” in response a pro-Bitcoin tweet by Morgan […]
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Physical Bitcoin futures settlement exchange CoinFlex has received $10 million in funding from Roger Ver, Polychain Capitals and other investors. Hong Kong-based cryptocurrency futures exchange CoinFlex has received $10 million through a funding round that closed last week. Recent funding and goal Asia-focused newspaper South China Morning Post (SCMP) reported the news on Aug. 26. […]
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Bitcoin is in a no-man’s land. At what levels will it indicate a resumption of the uptrend? Let’s analyze the charts. Cryptocurrencies can benefit from wider adoption and many believe that with a user base of about two billion people, Facebook can speed up the process. Its Libra project has drawn sharp criticism from regulators, […]
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Luno CEO Marcus Swanepoel says that most of its users aren’t using Bitcoin to transact but for investment and speculation. Marcus Swanepoel, CEO of cryptocurrency exchange Luno, says that most of its users use Bitcoin (BTC) as an instrument for investing and speculating. Transacting, however, comprises a small share of the cryptocurrency’s use cases, he […]
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A new partnership is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires. A new partnership between a development bank, a nongovernmental organization (NGO) and a tech corporation is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires. IDB Lab (the Innovation Laboratory […]
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