Bitcoin sells the news on Hong Kong ETF debut — Will BTC hold $60K?
Bitcoin could continue its decline below the $60,000 psychological mark after the debut of Hong Kong ETFs proved to be a sell-the-news event.
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Friday after-work drinks with Twitter’s new owner Elon Musk, who’s in?
After Elon Musk signaled his intention to continue the deal to buy the social media platform earlier in October, reports are emerging that the acquisition is almost over. 539 Total views 20 Total shares Crypto-friendly billionaire Elon Musk is set to finalize the acquisition of social media platform Twitter by Friday, Oct. 28 which brings…
SegWit Creator Introduces New Language for Bitcoin Smart Contracts
Bitcoin Core developer Peter Wuille has introduced new Bitcoin (BTC) smart contract programming language dubbed Miniscript.Wuille, a creator of major Bitcoin network upgrade SegWit, announced the Miniscript project website on the mailing list message for Bitcoin developers on Aug. 19.As noted in the statement, Miniscript was developed and implemented by Wuille, Andrew Poelstra and Sanket…
Lido DAO most ‘overbought’ since April as LDO price rallies 150% in two weeks — what’s next?
The price of Lido DAO (LDO) dropped heavily a day after its key momentum oscillator crossed into "overbought" territory.LDO undergoes overbought correctionLDO's price plunged to as low as $1.04 on July 16 from $1.32 on July 15, amounting to a 20%-plus decline. The token's sharp downside move took its cues from multiple bearish technical indicators,…
New York Attorney General Fights Dismissal Motion in Bitfinex, Tether Case
The office of the New York Attorney General (OAG) has claimed that crypto exchange Bitfinex and stablecoin firm Tether have been operating in New York into 2019, according to official documents filed in the New York State Courts on June 8.The OAG has submitted these documents to fight Bitfinex and Tether’s motion to dismiss the…
Bakkt Announces First Regulated Options Contract for Bitcoin
Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for Bitcoin (BTC) futures on Dec. 9.Bakkt options contract is certified with CFTCAccording to the Bitcoin futures exchange, the key features of the Bakkt Bitcoin Options contract include capital efficiency, cash or physical settlement, European-style options, low fees, as well…
US Congressmen blame crypto firms for ‘tax gap’ in letter to Treasury
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto. 241 Total views 1 Total shares Members of the United States Congress — Brad Sherman and Stephen Lynch — have penned a letter to the heads of the…
Bitcoin ‘Patient Zero’ Says BTC’s Current Stage is Like ‘1992 for The Internet’
Bitcoin "Patient Zero" Wences Casares, the founder of Bitcoin (BTC) wallet startup Xapo, said that the seminal cryptocurrency may take years to prove successful, in an interview with Bloomberg Oct. 29.In an interview with Bloomberg, Casares argued that BTC is an “intellectual experiment,” and it could be several years before it proves successful. “It may…
Cryptosat’s first nanosatellite blasts off Wednesday on SpaceX rocket
If all goes to plan Wednesday’s SpaceX rocket launch in Florida will blast a “crypto-satellite” into low Earth orbit, paving the way for secure blockchain-related cryptography in spaceCryptosat, as the name hints, is the company which created “Crypto1”, a crypto-satellite module hitching a ride aboard a Falcon 9 rocket for SpaceX’s Transporter 5 mission. The…