Bitcoin Capital allocates 83% to BTC, but only 1% to ETH Investment firm Bitcoin Capital hopes that its exchange-traded product will foster mass crypto adoption. The firm’s Bitcoin Capital Active Exchange Traded Product, or BTCA, is traded on the Swiss Stock Exchange. It can discretionarily allocate funds to fifteen different cryptocurrencies and fiat. Daniel Diemers, one of […]
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Bitcoin and altcoins are likely to remain range-bound in the short-term as the bulls and the bears attempt to assert their dominance. On Thursday, U.S. Federal Reserve chairman Jerome Powell is expected to deliver an important speech that will highlight a new strategy of targeting “average inflation.” This means that the Fed might allow inflation […]
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In addition to the Indian P2P market surging in recent months, the country’s DeFi sector has been gaining momentum. Even as fears of another blanket ban on India’s digital asset market linger on, peer-to-peer Bitcoin trading within the Asian powerhouse is still surging, hitting all-time highs over the first week of August. This immense growth […]
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It’s like BNB only better, says supposed-Bitcoin maximalists. On August 24, INX launched a tokenized initial public offering or IPO which was cleared by the SEC. The company describes its mission as bringing “regulated digital asset opportunities to institutions and retail investors”. The following day, several crypto influencers tweeted what appeared to be promotional statements […]
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Three key macro factors raise the probability of a prolonged Bitcoin bull market, but a short term correction is very likely. The price of Bitcoin (BTC) has increased by nearly 30% since late June, from $8,905 to just under $11,500 as of press time. Following the strong rally of the dominant cryptocurrency, three macro factors […]
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$112 million in Ethereum options expire on August 28 but data shows traders remain bullish even as ETH trades below $400. Ether (ETH) options contracts open interest have grown five-fold in the past three months to currently sit at $452 million. The $112 million set to expire this Friday could have a considerable market impact, […]
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Bitcoin’s monthly close is fast approaching and three factors point toward heightened volatility in the near term. As the monthly candle close of Bitcoin (BTC) comes closer, signs of heightened volatility are emerging. With just four days until the highly anticipated CME futures contract and Deribit options expiration, BTC’s near-term direction remains uncertain. Three reasons […]
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The bulls are aggressively defending the 20-day EMA in Bitcoin and select altcoins, which could result in the resumption of the uptrend. The coronavirus pandemic has forced people to change several social behavioral habits. Along with maintaining social distance from one another, people are also averse to using notes, coins or cards as they might […]
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Swipe (SXP) has been seeing wild swings in price this month but a period of consolidation appears likely before the next big move. Swipe (SXP), the 68th digital asset by market capitalization, has been one of the most volatile cryptocurrencies of the previous weeks. Fueled by a new cryptocurrency card and partnership with Binance, SXP […]
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An important Fed policy meeting forms the centerpiece for a new week’s trading, which could see macro hit Bitcoin price action once more. Bitcoin (BTC) starts another week in a bullish mood as hurdles line up to shape price trajectory. Cointelegraph presents five factors determining where BTC/USD may go in the coming days, and what […]
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