Bitcoin bulls should steer clear of new leveraged MicroStrategy ETF

As the Internal Revenue Service (IRS) pushes forward with its proposal to increase cryptocurrency surveillance, a past report might offer a clue for how this information may be used in practice. In short, with the IRS set to keep tabs on Americans’ cryptocurrency usage through an expected 8 billion new returns, it seems the Department

In response to surging inflation, Argentina has become an increasingly crypto-friendly country in terms of adoption. 1397 Total views 26 Total shares Since 2016, Argentina has been engaged in a war against inflation. Caused by multiple factors, like a lack of trust in the central bank or government overspending, the depreciation of the Argentinean peso…

At around $12,000, buying Bitcoin has been a profitable activity on 97.6% of all days since April 2013, data confirms. Bitcoin (BTC) has delivered gains to its holders on almost 98% of all days since 2013, new data confirms. According to a dedicated social media-based monitoring resource which tracks profitability, buying Bitcoin has made its holder…

United States Government bonds, or Treasurys, have a tremendous influence across all tradeable markets, including Bitcoin (BTC) and Ether (ETH). In that sense, risk calculation in finance is relative, so every loan, mortgage and even cryptocurrency derivatives depend on the cost of capital attributed to U.S. dollars.Assuming the worst-case scenario of the U.S. government eventually…

DOGE, KNC and KAVA are just a few of the altcoins that posted double-digit gains as Bitcoin and Ethereum price rallied to key overhead resistance levels. 4953 Total views 4 Total shares Weary cryptocurrency traders awoke to the sight of green in the markets on May 2 as bulls managed to bid the price of…

Institutional investors who bought BTC via on-chain transactions seem to have not sold their holdings yet, according to CryptoQuant's CEO. 77 Total views 15 Total shares As some industry executives have questioned Bitcoin (BTC) as being the digital gold amid a massive market crash on Thursday, other experts continued to support the digital gold narrative…

Major crypto exchange Binance will launch its first crypto lending product on Aug. 28, 2019.According to an official announcement on Aug. 26, holders of Binance coin (BNB), Ethereum Classic (ETC) and Tether (USDT) will be able to lend their assets and earn interest through Binance’s new service called Binance Lending.The services will be available for…

Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15.In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the best risk/reward period for investors to get Bitcoin exposure. He…