Bitcoin holders falling by 670K is a good sign for rebound: Santiment

Cryptocurrency exchange Huobi announced that it partnered with industry membership body Global Digital Finance (GDF) to develop crypto standards in a press release shared with Cointelegraph on July 31.Per the release, the exchange has joined major crypto companies Circle, Coinbase, ConsenSys, DLA Piper, Diginex, Hogan Lovells and R3 on the organization’s Patron Board and Advisory…

It’s all systems go for cracking “final hurdle” resistance for both Bitcoin and Ether as the weekend nears. 591 Total views 26 Total shares Bitcoin (BTC) passed $50,500 later on Friday as a return to the $50,000 mark put bulls firmly back on the scene.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin lines up a $51,000…

If approved, retirement savers can allocate 20% of their savings portfolio to Bitcoin without the need to open a crypto exchange account. 713 Total views 20 Total shares The United States-based retirement plan provider Fidelity Investments will reportedly allow 401(k) retirement saving account holders to directly invest in Bitcoin (BTC).The new Bitcoin retirement investment plan would…

Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market-share away from Ethereum. 440 Total views 2 Total shares Own this piece of history Collect this article as an NFTIn a “base case” scenario, Galaxy Digital's research unit has tipped the burgeoning…

Power Finance, led by former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year. New Zealand-based financial services company Power Finance plans to launch what it’s calling a “world-first” digital version of the New Zealand dollar. Set to launch early next year, the digital currency will employ Distributed Ledger Technology.The…

The crypto winter has emotions running high. Kraken CEO Jesse Powell came under fire for his defense of listing the new LUNA, also known as LUNA 2.0, which seeks to bring the original LUNA — now known as Luna Classic (LUNC) — and TerraUSD — now known as TerraUSD Classic (USTC) — back from the dead.Respected…

Anthony “Pomp” Pompliano — co-founder of crypto asset management firm Morgan Creek Digital Assets — predicts bitcoin (BTC) will hit $100,000 by the end of 2021. In an interview with BloxLive.tv on July 2, he said the basic principle behind his forecast was classic supply-demand economics — still valid for the innovative digital asset class. One of…

Crypto investors and miners are turning to derivatives such as options in an attempt to survive the protracted market downturn, a Bloomberg piece argues on Feb. 13.The article presents the increasing popularity of complex trading instruments as a means of pocketing cash short term as being symptomatic of just how difficult it has become to…