Bitcoin bulls should steer clear of new leveraged MicroStrategy ETF
Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF.
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Sell the News? Why the Post-Halving Bitcoin Price Drop Isn’t Guaranteed
Bitcoin price faces strong resistance at $9,000 but if the upsurge continues post-halving, BTC could reach new range highs. 2380 Total views 38 Total shares The Bitcoin (BTC) block reward halving is set to occur on May 12 and traders have mixed opinions on the direction of BTC price following the event. Some believe that…
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Bank of England Adviser: Cryptocurrencies Fail Basic Financial Tests, Lack Value
Huw van Steenis, senior adviser to Bank of England’s (BOE) Governor Mark Carney, told Bloomberg in an interview Monday, Jan. 21, that cryptocurrencies fail fundamental financial tests.Van Steenis joined BOE in 2018, having previously worked at Schroders and Morgan Stanley. He is currently heading a review of the future of finance, according to Bloomberg. When…
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Air Cargo Industry Could Save $400M Per Year With Innovative Blockchain Tech
Sita, an air transport communications and information tech company, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $400M a year in the air cargo industry, according to the March 12 announcement.Blockchain platform brings down cost and improves efficiencyBlockchain technology allows air cargo companies to digitally track and…
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Deloitte dives into immersive experiences as more industries turn to Web3
Immersive experiences are already popular in the entertainment, gaming, and fashion industries, but they can also be a tool to address various other corporate needs, like simulating manufacturing operations and training managers to have sensitive conversations. Deloitte made this bet in late February when it announced a partnership with virtual spaces company Vatom to offer immersive…
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China crackdown shows industrial Bitcoin mining a problem for decentralization
Bitcoin’s reliance on large-scale mining infrastructure and geographic concentration has been thrown into sharp relief by China’s recent mining crackdown. In May, China announced that it would be getting tough on crypto mining and trading as a response to financial risks. The nation’s crackdown on crypto is not new, rather it's a reiteration of previous…
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Harris aide suggests VP will ‘support policies’ for crypto industry growth
The Democratic presidential candidate has been largely silent on digital assets since launching her campaign on July 21.
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Bitcoin levels to watch as BTC price eyes highest weekly close in 9 months
BTC price action continues to hold higher, with analysis also flagging the 200-week moving average potentially flipping to support. Own this piece of history Collect this article as an NFTBitcoin (BTC) approached a key weekly close on March 19 with traders concerned about a retest of lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls…
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Under the Christmas tree: The best crypto gifts this holiday season
Each person who receives cryptocurrency becomes a member of a community already numbering in the millions, with common goals, interests and plans. But how can you find the right gift for the crypto enthusiast in your life when the holidays come around?It’s no secret that people struggle to choose gifts when they want to meet…