Bakkt CEO: Crypto Trading Platform Won’t Support Margin Trading
Two weeks after ICE introduced Bakkt, a new digital assets platform, the latter’s CEO has set out to explain what the service will offer consumers.
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MicroStrategy’s Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows
Early Wednesday, business intelligence firm MicroStrategy (MSTR) announced the purchase of over 12,000 bitcoin (BTC) for $347 million. The fresh accumulation has boosted the company's coin stash to 152,333 BTC.So far, MicroStrategy's announcement failed to spur bullish action in the bitcoin market, allowing bitcoin to retreat to the lower end of the recent trading range…
Coinbase Will Soon Reward You for Studying Crypto
news Coinbase wants to incentivize the public to learn more about cryptocurrencies – by paying them with crypto. The exchange announced Wednesday that it was launching Coinbase Earn, a new system where Coinbase users can earn 0x tokens by completing various educational tasks, including watching videos and taking quizzes. The platform is invite-only at launch, though…
Ripple’s Xpring Launches Crypto, Fiat Payments That Integrate Into Any App
news Ripple’s Xpring is launching a platform it says makes it possible for developers to integrate fiat and cryptocurrency payments into any application. The suite of services includes an Xpring software development kit (SDK) that allows programmers to integrate XRP apps in multiple programming languages. It also includes a variety of new tools for working…
Texas Bill That Would Limit Miners’ Participation in Cost-Saving Grid Programs Stopped in House Committee
A Texas state bill that would have limited bitcoin miners' participation in cost-saving grid programs has not moved past a committee in the state House of Representatives, meaning its progress has been halted.Bill SB 1751 passed through the state Senate unanimously in April. It would have limited bitcoin miners' participation in demand response programs –…
‘It’s Part and Parcel of Crypto’: How Memes Drive Narrative and Value
‘It’s Part and Parcel of Crypto’: How Memes Drive Narrative and Value“YAMs = Ponzinomics of AMPL + Chad launch of YFI + Meme math of Tendies,” Messari analyst Ryan Watkins tweeted about the latest decentralized financial application to set crypto atwitter. It’s the type of back of the napkin logic that looks like gibberish on…
Bitcoin Takes Tumble, Traders Fret Correlation and Next Month’s Halving
Apr 1, 2020 at 20:31 UTCUpdated Apr 1, 2020 at 20:40 UTCBitcoin Takes Tumble, Traders Fret Correlation and Next Month’s HalvingBitcoin and ether are trending down as traditional markets closed in the red Wednesday. On a 24-hour basis, bitcoin (BTC) was in the red 4 percent Wednesday afternoon Eastern time and ether (ETH) was down 3…
Bitcoin Awaits Decisive Price Move as Trading Range Tightens
markets View Bitcoin’s retreat from highs near $3,900 seen yesterday has poured cold water over the bull mood generated by Wednesday’s quick recovery from lows near $3,650. Therefore, the immediate outlook is neutral. A UTC close above $3,897 (previous day’s high) would validate Wednesday’s long-tailed candle and open the doors to re-test of the last…
Bitcoin Protocol Babylon Pulls in $1.5B of Staking Deposits as Cap Lifted
Bitcoin protocol Babylon completed its second staking round on Tuesday, increasing deposits to about 24,000 BTC ($1.5 billion) from about 1,000 BTC previously. The staking round was "duration-based," meaning it lasted for 10 Bitcoin blocks. Babylon, a Bitcoin staking platform billed as a new way of providing the original blockchain's security to new protocols and