BTC price set to break 7-month slump as Bitcoin ETFs hit $65B record
BTC price resistance in the form of a downward-sloping channel is getting a grilling, which Bitcoin bulls hope may be its last.
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COVID-19 Could Accelerate Crypto Adoption
Coinbase’s former CTO believes over powered governments could lead to accelerated crypto adoption post COVID-19. 1221 Total views 26 Total shares During a Unitize panel on Monday, Balaji S. Srinivasan commented that COVID-19 has changed everything — and it could ultimately end up accelerating Blockchain adoption. Srinivasan is known for numerous roles in the crypto space.…
Overstock’s Blockchain Subsidiary Misses Target for $100 Million Capital Injection
TZERO, the blockchain subsidiary of retail giant Overstock, has missed its mid-April goal for a $100 million fund raise from Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital. The firm announced the development in a shareholder letter on April 18.In the letter, Overstock CEO Patrick Byrne noted that while the diligence…
The Lightning Network Lunch: A Bitcoin contactless payment story
A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled "Bolt Card." 323 Total views 5 Total shares The Lightning Network (LN) just got a bit faster, as the suitably named Bolt Card now enables Bitcoin (BTC) enthusiasts to pay for goods and services…
Former Morgan Stanley exec joins Gemini crypto exchange
Gemini exchange continues to strengthen its global expansion strategy. 1448 Total views 20 Total shares Major American cryptocurrency exchange Gemini is expanding the company’s business in the Asia-Pacific region with a new high-profile hire.Andy Meehan, a former executive at major American investment bank Morgan Stanley, has joined Gemini as chief compliance officer of the APAC…
Price analysis 7/24: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, MATIC
Bitcoin plunged to $29,000 on July 24, signaling that bears are trying to seize control. It looks like the failure to hold on to the higher levels may have tempted short-term bulls to book profits and aggressive bears to initiate short positions.Although the near term looks bearish, long-term investors remain unfazed, and they continue to hold…
Bitcoin leads crypto market recovery as regulators turn up heat: Report
March has been a turbulent month for the crypto industry. Bitcoin (BTC) recorded its highest weekly close in 10 months and raised hopes among many that the bear market is over. One of the key drivers of this expectation was a series of banking collapses in the United States. This made investors hope for falling…
Coincheck Exchange Adds Ethereum And Ripple to Its New Over-the-Counter Trading Desk
Japanese cryptocurrency exchange Coincheck has added its first two altcoins to its recently launched over-the-counter (OTC) trading desk, Cointelegraph Japan reported on April 15.Coincheck, which began operating its OTC service with Bitcoin (BTC) at the start of the month, now also offers Ethereum (ETH) and Ripple (XRP), the second and third largest cryptocurrencies by market…
BTC price hits $57K five-month high — 5 things to watch in BTC this week
Bitcoin (BTC) is on top form — almost literally — as it heads into a new week less than 15% from all-time highs.A classic cocktail of factors has laid the foundation for a Q4 finale which analysts are now confidently comparing to the bull runs of 2013 and 2017.Decoupling from macro market movements and the…