AI tokens lose $4.69B market cap in 3 days — When ‘UPtober?’

Tuesday Dec. 3 — Most cryptocurrencies continue trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past few days.Cryptocurrency market daily overview. Source: Coin360Bitcoin started the day at $7,344, at which point the world’s largest crypto coin found an intra-day low of $7,230 before moving up again…

Grayscale Investments managing director Michael Sonnenschein said that “Bitcoin itself has solidified its role as a store of value or as a digital gold.” In his conversations with institutional investors, Sonnenschein explained that he has seen a big change in the way they view Bitcoin. According to him, now, several institutional investors are looking to…

A blockchain trade finance platform developed by eight major banks, among them HSBC, BNP Paribas, and Citi, is now ready for commercial launch in Singapore in Q2 2020. Named Contour, the launch follows a successful trial of the platform involving over $30 million in letter-of-credit transactions last year, South China Morning Post reported on March 5.Letter-of-credit transactions are a…

Bitcoin (BTC) is seeing a “reset” in investor behavior at $30,000 and the trend need only continue to spark a price rise.According to on-chain monitoring resource Ecoinometrics on July 13, the only way is “up” for BTC/USD if hodlers continue accumulating coins."Intriguing" data points to fresh demandAnalyzing who bought coins since the start of the…

Bitcoin (BTC) can bring the world’s population out of debt thanks to its ability to allow consumers to save without permission.That was according to Misir Mahmudov, the author and operations associate at cryptocurrency hedge fund Adaptive Capital, in his latest advocacy of Bitcoin on Nov. 27. Mahmudov is the brother of Murad Mahmudov, the well-known…

The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected.

According to Cole Garner, a well-respected on-chain analyst, there is a 2,800 BTC sell wall on Binance. With Bitcoin (BTC) price currently trading at $10,700, this is equivalent to a batch of sell orders worth $30 million on just one exchange.While it does not necessarily indicate that a market-wide pullback is imminent, it hints that…

Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China. 194 Total views 7 Total shares In the wake of yet another iteration of China’s enduring crackdown on cryptocurrency, a particularly influential narrative on Crypto Twitter suggests that by banning Bitcoin (BTC),…