Bitcoin traders expect a ‘push higher’ after several metrics turn bullish
Bitcoin’s price has cooled off from its recent highs, but analysts still anticipate a “push higher” as multiple BTC metrics flash bullish.
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US: Blockchain Security Co. BitGo Gets Regulator’s Green Light to Become Crypto Custodian
American crypto wallet and blockchain security firm BitGo has received a state trust company charter from the South Dakota Division of Banking, making it a qualified custodian for crypto, CNBC reports September 13.By creating its trust company, California-based BitGo will now be subject to regulatory scrutiny that encompasses know-your-customer (KYC) and anti-money-laundering (AML) checks and…

Ethereum co-founder Vitalik Buterin moves $1M of ETH to Coinbase
Onchain data shows that Ethereum co-founder Vitalik Buterin moved 600 ETH to U.S. exchange Coinbase amid ongoing market woes. 146 Total views 3 Total shares Blockchain sleuths have flagged the transfer of $1 million of ETH belonging to a wallet controlled by Ethereum (ETH) co-founder Vitalik Buterin as cryptocurrency markets remain depressed after widespread weekend…

Mt. Gox Trustee Contacts US DOJ in Connection With Vinnik Investigation
Nobuaki Kobayashi, trustee of the now-defunct Bitcoin (BTC) exchange Mt. Gox, has contacted the United States Department of Justice (DOJ) in search of information about Alexander Vinnik, the alleged former operator of BTC-e.News of Kobayashi’s pursuit of information from the DOJ was revealed in a statement from his office on Oct. 1.Kobayashi reaches out to DOJAccording…

Bull trap fears engulf Bitcoin market as BTC paints CME gap below $40K
A run-up towards $40,000 in the Bitcoin market risked exhaustion as Chicago Mercantile Exchange's futures opened on Monday, June 14 with a gap of $1,575, the first since May 17.In retrospect, the downside risks heightened due to Bitcoin's recent bearish pullbacks near the $40,000-level. Atop that, the said CME gap formed between Friday's close of…

Silicon Valley and ‘smart money’ are behind this Bitcoin rally, data suggests
Bitcoin (BTC) is continuing to show strong momentum even after a major rally. Key data points show that the uptrend has likely been fueled by smart money in recent months. This means retail or mainstream investors have been largely on the sidelines as BTC price surpassed $15,000 this month.In 2017, when the price of Bitcoin…

Canada’s Largest Bank Mulls Crypto Exchange After Bitcoin Ban — Report
A Canadian bank, which banned its clients from buying Bitcoin (BTC), could now become the first in the country to launch a cryptocurrency exchange. As innovation economy news outlet The Logic reported on Nov. 11, the Royal Bank of Canada (RBC) is now rumored to be considering the plans.RBC reportedly planning multifunctional exchangeRBC is the largest…

SpaceChain Claims To Have Signed Outer Space’s First Multisig BTC Transaction
SpaceChain claims to have signed the first multi signature transaction in outer space. According to an announcement published on August 18, SpaceChain has successfully demonstrated the first use of blockchain hardware on the International Space Station, or ISS. This feat was made possible through a collaboration with the European Space Agency, which appears to have…

With 7,600 Blockchain Patent Applications, Chinese Firms Far Outpace US
Measured by patent applications in the sector, China is handily outpacing other countries including the United States in blockchain technology.On Nov. 20, Japan-based financial newspaper Nikkei reported that Chinese companies submitted around 7,600 applications between 2009 and 2018 — about three times as many as U.S.-based companies.A total of 12,000 blockchain applicationsAccording to Tokyo-based research firm…