Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through.
Related Posts
CME Group Suspends Trading in Response to Coronavirus
With the coronavirus outbreak officially reaching epidemic proportions, crypto-related companies and organizations are having to change the way they do business. According to a CNBC report on Wednesday, Chicago Mercantile Exchange (CME) Group — the second firm to launch Bitcoin Futures in the United States — will suspend trading in Chicago from March 13. CME cited the…
New regulators are set to define Europe's crypto policies
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union.
BTC locked in DeFi increased by 20X the entire Lightning Network this week
Despite the recent mini price crash, DeFi users have injected more than 20,000 Bitcoin into DeFi projects in the last week, suggesting the DeFi bull run isn’t over. The amount of BTC locked in decentralized finance projects increased by more than 30% in the past week, despite falls in the price of Bitcoin (BTC) and…
Circle Expands to Bermuda to Offer New Services to Non-US Clients
Major crypto payments firm Circle will launch a new subsidiary in Bermuda in order to serve non-American customers of its trading platform Poloniex.In a blog post on July 22, Circle said that it has acquired a full license to offer crypto-related services under Bermuda’s Digital Assets Business Act of 2018, a major local regulatory framework…
EOS’ First Hard Fork Successfully Completed Today
EOS, the seventh-largest cryptocurrency by market capitalization, performed its first hard fork earlier today.The EOS update tracking tool maintained by the chain’s block producer, EOSNation, reports that EOS block producers (BP) signaled their intent to implement the update on the EOS Mainnet on Sept. 23 at 13:00 UTC.According to the website, this is the largest…
Futures will be the best crypto game in town even after a Bitcoin spot ETF
The Chicago Mercantile Exchange (CME) has long been the home of crypto for traditional finance investors, and this is unlikely to change — even with the approval of a Bitcoin spot ETF.Activity on the CME has expanded significantly over the past 12 months. The CME now sees more Bitcoin (BTC) futures trading than the world’s
Bitcoin price spikes above $31K as Ethereum gains spark ‘altseason’ calls
Bitcoin (BTC) broke through $31,000 on April 14 as bulls hoped that altcoins would soon follow.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst eyes potential dip under $30,000 Data from Cointelegraph Markets Pro and TradingView captured new ten-month highs of $31,035 for BTC/USD on Bitstamp.The pair had risen gradually the day prior after a consolidatory period around…