Bitfinex Bitcoin long positions reach $5.1B — Is someone buying or hedging?

Bitcoin markets are getting slowly cleansed of irrational exuberance with a classic drawdown towards $60,000. 1671 Total views 19 Total shares Bitcoin (BTC) briefly dipped below $63,000 later on Oct. 21 as a standard correction cooled the market.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin battles for new support at old peakData from Cointelegraph Markets Pro…

The IOTA Foundation is teaming up with one of Austria’s most prestigious universities to foster research in distributed ledger technologies. 846 Total views 12 Total shares The IOTA Foundation, the non-profit organization behind IOTA, IOTA Tangle and MIOTA, announced they will be joining Austria’s newest Christian Doppler Laboratory, or CDL, as an industrial partner. The first…

As the EU works on its upcoming AI bill, executives from 160 companies in the industry drafted an open letter on the implications of too-strict regulations. An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI)…

There is no chance that the cryptocurrency and blockchain space will see “1,000-times growth” again, Ethereum (ETH) co-founder Vitalik Buterin stated in an interview with Bloomberg September 8.At an Ethereum and blockchain conference in Hong Kong, Buterin told Bloomberg that the rapid growth of crypto and blockchain industry is now reaching a “ceiling,” and is…

Bobby Lee — co-founder and former CEO of China's first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during an interview for Charlie Shrem’s Untold Stories podcast on Sept. 18.Designed for non-geek usersBeyond sharing his reflections on the Chinese cryptocurrency…

Japanese messaging giant LINE will ease the development of blockchain services and digital asset management through its two new products. Japanese messaging company LINE has launched a blockchain development platform called LINE Blockchain Developers for decentralized applications and services.The company has also launched a digital asset wallet named BITMAX that will allow users to centrally…

On Feb. 17, the United States Commodity and Futures Trading Commission (CFTC) stopped accepting public comments regarding the Ethereum (ETH) mechanism. Previously, as 2018 was drawing to a close, the agency requested the feedback on the cryptocurrency to better understand the technology and how it compares to Bitcoin (BTC).The CFTC, which oversees the futures and…

BTC price action sees a new October peak amid a declining U.S. dollar and a successful prior day’s trading for U.S. equities. 266 Total views 6 Total shares Bitcoin (BTC) saw its first trip above $20,000 on Oct. 4 as traders expected familiar resistance to cap gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMulti-week dollar lows…

The Constituent National Assembly of Venezuela has approved a bill on cryptocurrency regulation, the country’s Ministry for Communication and Information reported Nov. 21.The law was proposed by the country’s leader Nicolas Maduro and consists of 64 articles and five transitory provisions. It validates Petro, Venezuela’s controversial oil-backed cryptocurrency, as a unit of commercial exchange within…