Possible Bitcoin price drop to $52K rises as BTC derivatives data shows traders losing hope

This article has been updated to specify that SBI Holdings has made an announcement about the delisting of BCH, and not mentioned listing BSV.Japanese financial services giant SBI Holdings will delist bitcoin cash (BCH) from its virtual currency exchange in June 2019, Cointelegraph Japan reports on April 16.SBI Virtual Currencies has now officially announced its…

Bitcoin (BTC) was holding steady around $10,850 on June 24 after a fresh surge took it above $11,000 for the first time in over a year.Market visualization courtesy of Coin360Data from Coin360 showed a slight correction kicking in for bitcoin on Monday, markets consolidating gains after a dramatic weekend.BTC/USD had climbed as high as $11,230…

Colombia takes another important step towards regulating the nation’s crypto sphere. The government of Colombia has approved on September 22 a pilot program that calls companies to test crypto transactions until December 31 within the regulatory sandbox just passed by the country’s financial watchdog.During a panel titled “Overview of the Regulation of Crypto Assets in…

"We are eager to connect with the growing cryptocurrency community, who can help sustain the future of animal welfare in Chicago and save animals' lives," said PAWS Chicago CEO Susanna Homan. 348 Total views 3 Total shares PAWS Chicago, an animal rescue organization in the midwest city aiming to have shelters stop using euthanasia for…

Bitcoin (BTC) has been struggling to break the $60,000 resistance for almost a month. But despite the impasse, BTC futures markets have never been so bullish. While regular spot exchanges are trading near $59,600, the BTC contracts maturing in June are trading above $65,000.Futures contracts tend to trade at a premium, mainly on neutral-to-bullish markets,…

New blockchain startup Bison Trails has received an investment of $5.25 million in a seed round backed by Mike Novogratz’s crypto merchant bank Galaxy Digital. The firm announced the fundraising in a Medium post on March 15.Led by two early stage venture capital firms Initialized Capital and Accomplice, the series seed round was also backed…

Search queries for “NFT” and “nonfungible token” have become even more popular than searches for “Dogecoin”, “blockchain” and even “Ethereum.” 292 Total views 6 Total shares Google’s keyword search data shows interest in nonfungible tokens (NFTs) has surged to record levels, with traffic beating out search terms pertinent to many crypto assets ranked among the…

Since 2017, investors have been anxiously awaiting a Bitcoin ETF approval as the existence of such a fund was an important symbol of mass adoption and acceptance from the realm of traditional finance. On Feb. 18, the Toronto Stock Exchange hosted the official launch of the Purpose Bitcoin ETF and the fund quickly absorbed more than…