Bitcoin Blockchain and Cryptocurrency News Center
Bitcoin’s brief period of consolidation has opened a path for select altcoins to rally higher, the Cointelegraph reported on January, 17. Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught off guard by the recent pullback. This could have […]
Bitcoin price could achieve a new 2020 high if bulls hold the price above the key multi-year resistance at $11.5K, the Cointelegraph predicts. In the past three years the U.S. Securities and Exchange Commission has shot down several applications for a Bitcoin (BTC) exchange-traded fund. This dashed hopes of many investors who believed Bitcoin price […]
Bitcoin is likely to consolidate for a few days but during this time select altcoins are likely to extend their up-move. Ripple Labs CEO Brad Garlinghouse believes that the U.S. Federal Reserve’s recent decision to allow inflation to stay above its 2% target objective could debase the dollar further. According to Garlinghouse, this decision is likely to […]
Bitcoin and Ethereum are likely to consolidate for a few days, leading select altcoins to possibly continue their uptrend, the Cointelegraph reported. This week the S&P 500 made news by notching a new intraday all-time high and recovering 100% of the losses caused by the coronavirus pandemic in mid-March. Despite this, there are signs U.S. […]
Swiss finance minister and outgoing president Ueli Maurer believes that one of the most ambitious crypto projects of 2019, Facebook’s Libra stablecoin, will not be accepted by regulators in its current form. Though Libra has not seen the light of the day, it has forced a number of central banks to take cryptocurrencies seriously. China could be […]
Tom Jessop, the president of Fidelity Digital Assets, said that the absence of a long track record is one of the main reasons that is keeping the institutional investors at bay from investing in cryptocurrencies. As the asset class is only 10 years old, Jessop said that the institutions question the durability and longevity and […]
The New York Digital Investment Group LLC (NYDIG) has received approval from the United States Securities and Exchange Commission (SEC) to offer its shares to institutional investors, including registered investment advisers, their clients and other eligible investors. The fund aims to invest in cash-settled BTC futures traded on exchanges that are registered with the U.S. Commodity Futures […]
Tuesday, Oct. 8 — The top 20 digital currencies are in mixed shape after a tide of green earlier in the day, with Bitcoin (BTC) trying to keep above $8,000, according to data from Coin360. Cryptocurrency market daily overview. Source: Coin360 Bitcoin stayed above the $8,000 threshold during the day, during which its highest price point was […]
While Libra is expected to draw retail customers to cryptocurrencies, Bakkt is likely to attract institutional investors. Following the Bakkt Digital Asset Summit held on July 18, Managing director and quant strategist at Fundstrat Global Advisors Sam Doctor anticipates that Bakkt’s Bitcoin futures contracts might launch in the current quarter. Fidelity’s crypto arm Fidelity Digital Assets Services […]
Thursday, May 2 — yesterday’s mild market movements continues, with most of the top twenty cryptocurrencies seeing mild green on the day at press time with typical growth of between 1 and 3%, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin (BTC) is up 1.4% on the day and is trading at $5,455 by press time, according to […]