VanEck’s new research “The Investment Case for Bitcoin” argues that exposure to BTC greatly increases a portfolio’s return. Major United States investment management firm VanEck has listed four reasons why Bitcoin (BTC) improves an investment portfolio upside. On Oct. 8, VanEck released research titled “The Investment Case for Bitcoin,” aiming to determine what role the […]
Continue Reading
On Oct. 9 Bitcoin price rallied 5% to notch a 2-week high at $8,715. Traders now must push BTC above the 200-daily moving average and set a higher high above $9,780. On Wednesday morning Bitcoin perked up and punched above the $8,300 resistance during the U.S. trading session. Daily crypto market data. Source: Coin360 The […]
Continue Reading
Facebook CEO Marck Zuckerberg will testify before the House of Representatives Financial Services Committee on Oct. 23 regarding Libra. Facebook CEO Mark Zuckerberg will testify before the House of Representatives Financial Services Committee on Oct. 23 regarding the firm’s proposed Libra stablecoin project. On Oct. 9, Congresswoman Maxine Waters officially announced that Zuckerberg will testify […]
Continue Reading
Algo Capital ex-CTO Pablo Yabo publishes a statement in the wake of a major security breach of a hot wallet under his personal management. The now-former chief technical officer (CTO) of Algo Capital, the investment arm of blockchain firm Algorand, has published a statement in the wake of a major security breach of an Algo […]
Continue Reading
Bitcoin price needs to break out of the $8,200 to $8,500 range or bears could step in to push the price down to $6,500 and below. Around this time last week, the situation was looking increasingly dire for Bitcoin (BTC) and murmurs of a drop to $6,000 and even $3,000 began to circulate amongst traders. […]
Continue Reading
U.K.-based cryptocurrency data and wallet provider Blockchain.com has come under the spotlight after a string of executive departures. United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has come under the spotlight after a string of exits by company employees. Citing sources familiar with the matter, an article published by The Information on Oct. 2 claims […]
Continue Reading
A blaze reportedly wiped out huge numbers of rigs owned by mining giant Innosilicon, but the company remains quiet. The Bitcoin (BTC) network experienced fresh turbulence on Sept. 30 while evidence emerged of a fire destroying $10 million worth of mining rigs. A video of alleged Bitcoin miner fire emerges According to Marshall Long, one […]
Continue Reading
North Korea is allegedly developing its cryptocurrency for bypassing U.S. sanctions, but experts point out other reasons for this initiative. It seems that a movement to create a national cryptocurrency is gaining momentum in Asia. Following China, the North Korean authorities announced their readiness to issue digital money and even indicated the availability of all […]
Continue Reading
Crypto traders use tools designed for traditional markets without realizing the value of on-chain data that makes it easier to spot Bitcoin’s price tops and bottoms. Blockchains produce huge amounts of data and it seemed that only data scientists and blockchain research firms like Chainalysis and CipherTrace were making use of it. Recently, crypto investors […]
Continue Reading
Technical analysts anticipate Bitcoin’s price to recover in the short term in a relief rally following a minor rebound to $8,200. Subsequent to the recovery of the Bitcoin price (BTC) movement from $7,700 to around $8,200 in the past 24 hours, technical analysts anticipate Bitcoin and other major crypto assets to recover in the short […]
Continue Reading