Bitcoin News Roundup for April 21, 2020

Van Overtveldt represents the right-wing European Conservatives and Reformers, the fifth-largest political grouping in the Parliament, in the Economic and Monetary Affairs Committee. He was Belgium's finance minister from 2014 to 2018. The ECR says it's dedicated to individual liberty, private property and limited government.

Bitcoin (BTC) is giving up some gains after reaching an all-time high near $68,500 on Monday. The cryptocurrency is overbought on intraday charts, although support around the $63,000-$65,000 range could stabilize a pullback.The relative strength index (RSI) on the four-hour chart is the most overbought since Oct. 20, which preceded a near-10% price decline. Still,…

The chorus is getting louder.Adding his sonorous voice to the chorus of renowned investors talking about bitcoin recently, hedge fund manager Stanley Druckenmiller stated on a CNBC interview this week that he believed bitcoin could perform better than gold.“I own many, many more times gold than I own bitcoin, but frankly if the gold bet…

The spread between next-month and front-month bitcoin futures contracts can offer insights into the level of speculation in the market, one analyst.An above $1,000 spread on the CME has marked previous bull market tops. The spread recently widened beyond $1,000.Speculative frenzy, or periods of intense speculation characterized by irrational exuberance and greed, is an infamous

CFTC Chairman Heath Tarbert Talks Ethereum, DeFi and the Next BitMEXThe TakeawayAfter the BitMEX enforcement action, are other noncompliant exchanges on the CFTC's radar? "Maybe," said Chairman Heath Tarbert.In an appearance Wednesday, the regulator largely deferred to his colleagues at the SEC on the question of whether ether in a proof-of-stake version of Ethereum would…

Jul 20, 2020 at 19:11 UTCUpdated Jul 20, 2020 at 19:12 UTCLast Week’s Big Twitter Hack Was Years in the MakingBrenna Smith is an open source researcher and contributor for the investigative web site Bellingcat, where she publishes a weekly newsletter about cryptocurrencies, called CryptOsint.  The Twitter hack was a shock to the company. It…

news Christopher Brookins is the founder of Valiendero Digital Assets, a quantitative crypto fund founded out of Carnegie Mellon. 2019 has not only seen a resurgence of the crypto bull, but also capital raising. In particular, IEOs or “Initial Exchange Offerings” have been highly visible for both good and bad reasons. Positively, IEOs have produced…

JPMorgan said crypto markets are faced with downside risk due to potential selling pressure from Mt. Gox creditors in July. Creditors are set to receive 142K bitcoin and there are concerns that some will dump their tokens as soon as they receive them, the report said. The bank said crypto markets are expected to rebound

news The U.S. affiliate of the Huobi Global crypto trading marketplace is courting big-money investors with the introduction of a new institutional team. Announced today, the new group at HBUS will be headed up by Katelyn Mew, a veteran of asset management powerhouse BlackRock and discount brokerage Charles Schwab, and Oren Blonstein, who comes from…