Tag: BTC

Last week the world saw the ugly part of traditional banking, with Turkey suddenly freezing millions of accounts and Hong Kong ATMs being out of cash. Incidents like these encourage people from all social strata to consider safer stores of value (SOVs), with Bitcoin being the first reasonable option. Turkey Freezes More Than 3M Bank […]

Social media mentions of “altcoin season” were fewer and far between in the past weeks, after several crashes almost erased the gains made in 2019. Altcoins gave way to growing Bitcoin (BTC) maximalism, as the leading coin outperformed most smaller assets. Hopes for Altcoin Season Seem Lost Research by The TIE shows that mentions of […]

Engineers and developers are continuously working to provide Bitcoin with technological improvements. Now, most likely, the next Bitcoin technological breakthrough will come through the Schnorr + Taproot Bitcoin soft fork. Greater Scalability, Fungibility, and Script Innovation According to Bitcoin Optech contributor Steve Lee, the Schnorr + Taproot bitcoin soft fork proposal offers “a whole new […]

Time for Bitcoin in India and Hong Kong? As anti-government protests continue to break out around the globe – with ATMs in Hong Kong reportedly running out of cash while thousands of bank accounts are being frozen in India due to a scandal involving the country’s PMC Bank, the notion of a deflationary and censorship-resistant […]

Bitcoin ETF, Executives at Bitwise Asset Management are highly optimistic as the deadline for the United States Securities and Exchange Commission’s (SEC) decision on their proposed Bitcoin (BTC) exchange-traded fund (ETF) looms on the horizon. Days ahead of the Oct. 13 deadline, an Oct. 7 CNBC report cites Matt Hougan, managing director and global head […]

After three months of consolidating, Bitcoin price broke down from the triangle formation it had been trading in. The fall took Bitcoin from over $10,000 to under $8,000 in less than 48 hours. According to one crypto analyst, price action is mimicking the behavior and movements that took place within the triangle formation Bitcoin broke […]

Forget the recent bearish momentum and Bakkt’s disappointing launch. Here are five reminders of why you should still be HODL your Bitcoin. More Secure Than Ever to HODL Bitcoin At the end of last month, despite an extended period of sideways trading, Bitcoin hit its first-ever 100 quintillion hash rate level. On September 26, Bitcoin […]

Escalating political tensions in Hong Kong and a potential economic and banking crisis in India has highlighted how fragile cash savings can be. Naturally Bitcoin benefit from this and would be the answer if adoption was greater and volatility was lower but the pluses for decentralized money are growing. Hong Kong ATMs Empty. Bitcoin benefit […]

Google’s latest quantum computing developments theoretically put Bitcoin and cryptocurrencies at risk, given the growing prospect of being able to use the technology to crack blockchains that rely heavily on cryptography. While the crypto community reacted to last week’s leaked report claiming Google has achieved a major milestone in quantum computing, analysts say Google is […]

Bitcoin Exchanges price [ BTC ] had a greater probability of rallies when exchange wallets marked net inflows of stablecoins. This is yet another evidence that the crypto markets are widely affected by the movement of several key dollar-pegged assets, but mostly Tether (USDT). BTC Moves Predicted by Liquidity Injections – Exchanges Bitcoin Price Dictated […]

Misconstrued Narrative? Bitcoin OTC Volume Spike in Hong Kong Purportedly Not Protest Related Last weekend, Bitcoin data provider Coin.Dance printed a jaw-dropping stat. LocalBitcoins, a peer-to-peer, over-the-counter cryptocurrency trading service, was reported by the site to have seen its best week so far, transacting over $12 million Hong Kong ($1.5 million) worth of BTC in […]

Bitcoin (BTC) has maintained a hold above $8,000 for the past few days and it appears to be consolidating here. The Bakkt futures launch a couple of weeks ago was hugely underwhelming and industry experts suggest that bitcoin and crypto is still too small for institutional interest. Bitcoin Price Holds Support BTC topped out at […]

Stablecoin firm Tether and its affiliate exchange Bitfinex anticipate a lawsuit alleging that Tether token (USDT) is involved in market manipulation as the result of an unpublished paper. Tether and Bitfinex to defend its position On Oct. 5, both Tether and Bitfinex published statements claiming that they had become aware of an unreleased paper “falsely […]

Dutch journalist and television host Jort Kelder exposed a bitcoin scammer on video over Skype after discovering the fraudster was inappropriately using his likeness. Bitcoin Scammer Called Out Over Skype Crypto scammers have been creative of late, using the likeness of celebrities and other well-known individuals to drive advertisement and fraud. According to an investigation […]

According to many experts, the US economy could suffer another crack with the market indicators suggesting a potential recession at bay. Despite Federal Reserve Chairman, Jerome Powell asserting that US economy was in “a good place”, developments suggest the contrary. The most prominent ones being incessant trade and currency war with China, President Donald Trump, […]

Investment management company Stone Ridge is trying to register a new Bitcoin (BTC) futures offering ( BTC Futures Fund ) with the United States Securities and Exchange Commission (SEC). The new fund is called NYDIG Bitcoin Strategy Fund and describes itself as “a non-diversified, closed-end management investment company that continuously offers its shares,” with an […]

Crypto exchange BitMax has been accused of being involved in pump and dump schemes to benefit from IEO projects. Lunar Digital Assets CEO Bashes BitMax Exchange On Tuesday, Han Yoon, founder and CEO of crypto data analyst Lunar Digital Assets (LDA), accused the BitMax team of indirectly defrauding several IEO projects through pump and dump […]

Crypto traders are tracking a pair of huge Bitcoin whale movements. A total of 8,124 BTC worth $67.2 million have been transferred out of an institutional cold storage wallet owned by the crypto custody giant Xapo. The first transaction sent 7,143 Bitcoin to an unknown wallet, while the second transfer moved 981 BTC to a […]