Bitcoin price may need 3 months to copy gold bull run — Analyst
BTC price action has a habit of copying gold uptrends — but only after a few months of the Bitcoin crab market.
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Unconfirmed: US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November
The Intercontinental Exchange’s (ICE) Bakkt cryptocurrency platform could get approval to launch its physically-delivered Bitcoin (BTC) futures product from U.S. regulators next week, an unconfirmed anonymous source told tech outlet The Block Thursday, Oct. 25.Bakkt, which seeks to create a “regulated ecosystem” for institutional investors looking to gain exposure to cryptocurrency, had previously confirmed it…
Int’l Bank Regulator Is Studying Crypto Lending Capital Requirements
Global banking regulator the Basel Committee on Banking Supervision (BCBS) is working to establish how much capital lenders should hold to cover the risks generated by dealing with cryptocurrencies.Business Reporter published the news on Nov. 7 that the Basel Committee — which includes banking regulators from the United States, Europe and Japan — agreed to…
2 key indicators cast doubt on the strength of the current crypto market recovery
Analyzing the aggregate cryptocurrency market performance over the past 7 days could give investors the impression that the total market capitalization grew by a mere 4% to $2.03 trillion, but this data is heavily impacted by the top 5 coins, which happen to include two stablecoins.Excluding Bitcoin (BTC), Ether (ETH), Binance Coin (BNB) and stablecoins…
Anyone who studies Bitcoin ends up investing in it, says Scaramucci
Understanding Bitcoin inevitably leads to growing adoption, according to SkyBridge Capital CEO Anthony Scaramucci. 1345 Total views 16 Total shares Investors who study Bitcoin (BTC) carefully are eventually convinced to own a stake in the cryptocurrency, according to SkyBridge Capital CEO and founder Anthony Scaramucci.In a Monday interview with CNBC’s Capital Connection, Scaramucci — who…
No, Blockchain Technology Cannot Solve Everything
The crypto community was rightly aghast at the “Bitcoin Will Save Us” poster donned by a protester against racial injustice in Dallas last week.Christ pic.twitter.com/BmRmlZnMWa— Jessica Huseman (@JessicaHuseman) June 1, 2020It was a tasteless and inappropriate — albeit well-meaning — attempt to impose a crypto narrative onto a decidedly non-crypto, and much larger, story.The crypto…
First Ukrainian Bitcoin Exchange Launches Hryvnia-Pegged Stablecoin UAX
In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH).Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the Ethereum blockchain, according to an official announcement by Kuna exchange on Feb. 20.According to Kuna,…
US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments
PNC — the United States’ eighth-largest bank, with almost $400 billion in assets — has become the country’s first to start using the RippleNet blockchain network for cross-border payments.Fintech Futures reported on Aug. 29 that PNC Treasury Management is now offering RippleNet-based cross-border payments solutions to its commercial clients, claiming that the blockchain solution will…
Bitcoin bulls take charge as SOL, AR, GRT and FTM flash bullish signs
Bitcoin is hogging all the limelight, but SOL, AR, GRT and FTM are also trying to move higher.