Arthur Hayes predicts Bitcoin rally after closing short position

Bitcoin (BTC) returned above $43,000 into Dec. 19 amid fresh news over the United States’ would-be first spot price exchange-traded fund (ETF).BTC/USD 1-hour chart. Source: TradingViewBitcoin ETF excitement still simmeringData from Cointelegraph Markets Pro and TradingView showed a BTC price recovery taking the market to local highs of $43,456 after the daily close.After starting the

Former Binance CEO Changpeng "CZ" Zhao has been ordered to pay $150 million while Binance will pay $2.7 billion to conclude the CFTC enforcement action. 245 Total views 1 Total shares A United States court has entered an order against crypto exchange Binance and its former CEO Changpeng "CZ” Zhao, which will see Binance pay

Over the past two years Bitcoin (BTC) futures trading on CME (Chicago Mercantile Exchange) has grown in importance for institutional investors. However, a popular misconception among traders is to attribute an unwarranted amount of importance to futures market activity and its impact of spot prices. It is important to highlight that despite trading under the…

According to the Buffett Indicator, the global stock market has entered a “bubble territory,” says Welt market analyst Holger Zschaepitz on Aug. 9. The recent correlation between Bitcoin and stocks could mean BTC is also at risk of a pullback.The global stock market enters bubble territory. Source: Holger Zschaepitz, BloombergStocks have continuously rallied in recent…

Recent events surrounding the rapid spread of COVID-19 to nearly every country on Earth and major markets reaction to the phenomena have crypto investors scratching their heads in bewilderment as the sector has never endured a global financial markets meltdown. The fact that Bitcoin (BTC) was born from a financial crisis but has yet to experience…

Law expert believes a governance structure where risks and rules are thought through is the key for enterprise blockchain to move ahead. 2177 Total views 16 Total shares A clear governance structure within a decentralized ecosystem is the key for enterprise blockchain to move away from uncertainties said Mark Radcliffe, a partner at global law…

The Ether futures premium remains negative, while options markets are pricing similar risks for bulls and bears. 391 Total views 30 Total shares