Bitcoin analysis warns BTC price liquidations will start below $64K
BTC price losses mount as $66,000 struggles to function as support, increasing the danger of Bitcoin long liquidations.
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Institutional frenzy: CME becomes 2nd biggest Bitcoin futures market
The CME Bitcoin futures market overtook Binance Futures to become the second-biggest Bitcoin (BTC) futures exchange by open interest. The data shows that the institutional volume is rapidly gaining a larger share of the cryptocurrency market.On Oct. 10, Skew reported that the CME Bitcoin futures market’s open interest rose sharply by 1,500 contracts. Since then,…
US: Satellite Service DISH Adds BCH Payment Option, Moves to BitPay Payments Provider
U.S. satellite service provider DISH has announced it has added Bitcoin Cash (BCH) as a payment option and migrated to the BitPay payments provider, according to an official press release August 9. The DISH Network Corporation was among among the first satellite service providers in the world to accept Bitcoin (BTC) payments back in 2014.…
Publicly traded First Foundation invests in NYDIG as belief in digital assets grows
The two companies also announced a strategic partnership that would allow First Foundation to provide clients with secure access to Bitcoin-related investment products. 1061 Total views 14 Total shares First Foundation Inc, a publicly traded financial services provider, has made a strategic investment into New York Digital Investment Group as part of a broader effort…
Galaxy Digital co-president explains two things deterring institutional crypto buying
With a number of mainstream entities buying into Bitcoin, what's holding some back? 2255 Total views 7 Total shares In recent months, companies such as MicroStrategy and Tesla have picked up sizable positions in Bitcoin. This trend has not yet become the norm for most companies, however. Damien Vanderwilt, co-president of Galaxy Digital, believes security…
The number of crypto billionaires is growing fast, here’s why
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Bithumb Global to Launch Regulated Crypto Exchange in India: Report
South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India.The firm is planning to expand its services to India by partnering with local crypto exchanges, funding local blockchain startups and working on new industry initiatives, local media outlet The Economic Times reports Oct. 3.“We are open to…
New York Assemblyman Announces Creation of ‘First’ US Cryptocurrency Task Force
An assemblyman of the New York state (NYS) legislature announced in a Facebook post on Jan. 3 that the state will have the nation’s “first” cryptocurrency task force.In the post, Clyde Vanel, an NYS assemblyman and Chair of Subcommittee on Internet and New Technologies, stated that New York became the first state in the United…
‘The Tables Have Turned’ Binance Exec Says of JPMorgan’s Support for Crypto Firms
Catherine Coley, CEO of Binance.US, says that traditional finance now recognizes that crypto involves “real assets and real customers with real business models.” 344 Total views 36 Total shares “We're finally recognizing that crypto is just another opportunity in our financial future, rather than seeing it as a kind of misfit or unacceptable type of…