Bitcoin price tracks $68K as 'chicken' crypto market shrugs off US PPI
Bitcoin and altcoins are unmoved by a significant inflation slowdown, as shown in the latest U.S. macro data.
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Ether creates history as key metric in ETH options exceeds Bitcoin by 32%
While Ethereum created history by taking over Bitcoin in the options market, the ETH futures contract entered price backwardation. 31 Total views 1 Total shares Ether (ETH) has taken over Bitcoin (BTC) in the options market for the first time in history as the open interest (OI) of Deribit Ether options with a value of…
XRP Price May Face 25% Drop if Recent High Breaks Down — Peter Brandt
XRP traders may be in for further losses as one trader warned that a bearish price feature was yet to complete its impact on the market.In a tweet on Feb. 20, Peter Brandt, well known as a trader of both cryptocurrency and traditional assets, said that a “head and shoulders” pattern in XRP/USD this month…
Tron Foundation Reportedly Tapped US COVID-19 Business Relief Program for $2M
The Tron Foundation is once again mired in controversy over an unverified claim that it secured a $2 million grant from a federal relief program for small firms hit by the pandemic. The Tron Foundation is once again mired in controversy over an as yet unverified allegation that it secured a ~$2 million grant from…
UAE Exchange, Ripple to Launch Blockchain Remittances to Asia by Q1 2019
United Arab Emirates-based UAE Exchange has partnered with Ripple to launch blockchain-based cross-border remittances to Asia by Q1 2019, Reuters reports Dec. 13.According to the report, UAE Exchange, a part of payments and foreign exchange company Finablr, is among the key players in the Middle East region, which sees high levels of remittance inflows from expatriate workers.…
Judge signs off on expedited schedule for Consensys suit against SEC
While Judge Reed O’Connor granted the SEC an extension to respond to Consensys’ lawsuit, he also approved a timeline for considering the case’s merits proposed by the firm.
Bitcoin is ‘own worst enemy’ and will lose to Ethereum: Charles Hoskinson
Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder, Charles Hoskinson. 303 Total views 3 Total shares IOHK CEO and Ethereum co-founder, Charles Hoskinson, has argued that Bitcoin sits at a significant competitive disadvantage due to its slow speeds and will be usurped by proof-of-stake networks. In a five-hour Podcast…
Investors brace for US election outcomes as crypto hits the ballot
FIT21’s bipartisan support suggests a potential shift in U.S. crypto policy, while investors are focused on long-term trends despite political uncertainty.
At Current Rates, Cash App To Buy 16% of New BTC Supply After Halving
Square’s mobile payments application Cash App will be buying 16% of Bitcoin’s (BTC) new supply if the company keeps buying at the same rate after the halfing if the price does not go up.Twitter account dedicated to Bitcoin Rhythm pointed out in a tweet from Nov. 7 that the company’s Bitcoin buying rate will account…