Nasdaq wants to launch a Bitcoin index options, seeks SEC approval
Options would allow institutional investors to hedge risks and traders to amplify their buying power.
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Illinois State Lottery Winner Puts Half His $500,000 Into Bitcoin
An Illinois resident who won $500,000 in a state lottery has revealed he put half of it into Bitcoin (BTC) back in May. Redditor “Joxnlol,” posted an image of himself clutching the Illinois state lottery cheque on Nov. 5, with the caption: “Did this. Then put half into BTC in May. Remind me in 8…
Bitcoin whale support lines up as trader says $14K ‘most bearish’ BTC price target
Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader plans to go "all in" on BTC at $14,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $20,220 on Bitstamp overnight before rebounding up to $1,200 higher.The pair…
Overstock-Funded Bankorus Has No Money Left, Says $1M Shareholder
The largest shareholder in Overstock-funded blockchain wealth management startup Bankorus has claimed that the firm has no money left.In a statement issued on Oct. 6, Sonic Zhang said that previous funding deals for Bankorus had fallen through and that all its employees have resigned.Zhang: Bankorus “has run out of cash”As a contributor of more than…
Blockchain E-Commerce Platform Allows Shoppers to Purchase Directly From Manufacturers
A new decentralized e-commerce platform aims to allow online shoppers and e-commerce stores to combine purchasing power and microdistribution to access bulk pricing and discounts.Buying.com says that they have multiple solutions to the many issues faced by customers, describing themselves as ‘e-commerce reinvented’. According to the company, the four key elements of their project are…
OKCoin’s Fourth Developer Grant Recipient Brings Total Grants to Over $500K
Crypto exchange OKCoin has continued to support Bitcoin (BTC) Core developers with a fourth grant being awarded to Bitcoin’s most active contributor since 2017, Marco Falke for an undisclosed six-figure sum. This grant brings the total amount provided as part of the company’s Independent Developer Grant to over $500,000.OKCoin believes that funding open-source development of the…
Ascending channel Bitcoin price breakout possible despite OKEx scandal
Bitcoin price lost the bullish energy that took the price to $11.7K earlier this week but the current range may offer opportunities to swing traders. Earlier this week Bitcoin (BTC) price entered a bullish breakout to $11,725 following the previous week’s news that Square purchased $4,709 BTC but since then the price has slumped back…
Bitcoin price approaches key support levels to avoid ‘cascade south’
Bitcoin (BTC) clung to $29,000 at the May 27 Wall Street open as crucial support levels lay just hundreds of dollars from spot price.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTrader demands higher low above $28,000Data from Cointelegraph Markets Pro and TradingView confirmed volatility once again waning in a frustrating week's price action.BTC/USD found itself in a…
Tornado Cash developer Alexey Pertsev denied bail while awaiting appeal
Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges.