Bitcoin is heading towards the $100,000 mark, according to veteran commodity trader Peter Brandt, who shared his analysis in a new video clip. However, there is a scenario in which the oldest cryptocurrency turns bearish in the near-term. Bitcoin is at Crossroad Area According to Brandt, Bitcoin is still moving within its historic bull trend,...Read More
Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has just announced that it’s rolling out cash-settled Bitcoin futures and monthly options. The platform sees an increasing volume over the past week, signaling further institutional involvement. Bakkt’s Cash-Settled Futures Contract According to an official publication by Adam White, COO at Bakkt, the platform...Read More
After many months of speculation as to the whereabouts of Dash ex-Senior Advisor, Moocowmoo, and the location of investors’ funds, it seems he’s finally come out of hiding. Investors Start Receiving Their Shares In a euphoric Reddit post, entitled “Developing story: More and more people reporting they are receiving their shares back,” Dash supporters come...Read More
Ethereum finally broke above the $150 level but now struggles at the resistance at $152. ETH broke beneath the lower boundary of the symmetrical triangle as expected. The bulls are attempting to gain control over the momentum but have failed to break above the 50 level on the RSI so far. Key Support & Resistance...Read More
“Coming out of the 2008 financial crisis, the legit criticism of regulators was along the lines of: where were they during the expansion of the real estate mortgage bubble, why didn’t they take steps to pop that bubble when they could have?” ~ Former CFTC Chairman J. Christopher Giancarlo aka Crypto Dad This statement was accompanied...Read More
Another Wall Street executive is calling for the collapse of bitcoin along with other cryptocurrencies. The wealth manager believes that bitcoin will follow the footsteps of Blackberry and Lycos. He fails to understand that bitcoin is the best performing asset of the decade and its function has evolved from simple payment settlement into a global...Read More
STPT/USD has a bullish short-term and medium-term trading outlook The four-hour time frame shows that a bullish reversal pattern has formed The daily time frame shows that a bullish double-bottom pattern has formed Standard Tokenization Protocol is starting to show positive technical signs on both the lower and higher time frames, with the cryptocurrency stabilizing...Read More
Bitcoin has succumbed to selling pressure as of late. However, many analysts are predicting that the top cryptocurrency will likely come back to life next year. The possibility of a financial meltdown plus the halving could trigger a strong bitcoin bull market in 2020. It’s quite difficult to see the long-term bullish picture of bitcoin...Read More
China’s Center for Information and Industry Development once again published a new list of its crypto ranking index, pushing Bitcoin 2 spots higher than its last report. Bitcoin Back in China’s Top 10 China has just released a new CCID Global Public Blockchain Technology Assessment Index. This is the 15th assessment index that’s been released...Read More
Bitcoin continues to consolidate around the $7,500 level in early Monday trading, as traders and investors await the launch of Bakkt’s Bitcoin options trading offering. The broader cryptocurrency market is trading sideways as the top 10 cryptocurrencies struggled to find a strong directional bias in early-week trading. Tezos continues its recent move to the upside,...Read More
Bitcoin trading volume in Argentina has broken the all-time high record again at the start of December. It comes just after the new president-elect has chosen a new cabinet seeking the Peronist agenda and possibly going against IMF’s involvement in the country. Bitcoin Trading Volume At ATH According to the popular monitoring resource Coin.Dance, the...Read More
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto taxation plan, and the European Commission’s announcement regarding stablecoins....Read More
BTC has hovered between bullish and bearish attitudes. But one chart analyst sees a possible scenario, as the bitcoin price action in the past months recalls the rapid spike of BTC prices at the end of 2018. Bitcoin Price Resembles Last Stretch of 2018 BTC went through its biggest bear market in history in 2018,...Read More
The Malta-based spot and futures digital asset exchange, OKEx announced on 9 December that it will be adding cryptocurrency options. The service will be available on the platform from 27 December with a simulation beginning on 12 December. With options trading, OKEx will become the first crypto exchange to offer C2C, spot, futures, perpetual swap,...Read More
A new freelancer work portal built on the VPLedger blockchain will offer new opportunities for building businesses and finding some of the best contractors in the world at a competitive price. While eDEV might look and feel similar to a conventional freelancer work portal, the use of VPLedger’s blockchain technology behind the scenes enables a...Read More
Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn.According to a number of fractal analyses, which is comparing an asset’s historical price action to its current price action, the bottom just might...Read More
Bitcoin started 2019 with a valuation of $3,693, before climbing its way up. And while it peaked at $13,880 in June, Bitcoin has since been on a downward slope. Despite the fall, Bitcoin has still managed to record positive yields, unlike a few other cryptocurrencies. With the Bitcoin halving approaching in 2020, Bitcoin’s supply of...Read More
TRON Exchange has seen a positive response in this December month. The exchange had seen registered users count increase from 4190559 to 4262802 by over 100,000. The official Twitter account of TRON took to twitter to announce this growth trend. The reason being the publicity surrounding the TRON exchange. Earlier, TRON & Poloniex partnered. CEO...Read More
Bakkt Bitcoin Cash Settled Monthly Futures will be settled against physically delivered Bakkt Bitcoin (USD) Monthly Futures contract from December 9, 2019. The Intercontinental Exchange will roll out two trading options Bitcoin (USD) Options and Bitcoin (USD) Cash Settled Monthly Futures. Bakkt will be big for being the first platform to offer futures settled in...Read More
According to recent documents, the United States Securities and Exchange Commission (SEC) believes that the case against the serial Ponzi scammer, Renwick Haddow, has yet to be properly solved. The United States SEC does not appear to be satisfied with the New York Southern District Court judge’s decision regarding the case against Renwick Haddow. Judge...Read More
Weiss Ratings has downgraded EOS once again, taking its ranking from a B to a C-. The group cites “failure to decentralize,” “misallocation of resources,” and a congested network as reasons for the fall in rank. “Weiss Crypto Ratings model is not based on opinion. It’s driven by data,” the group claims. In this article...Read More
Malta-based digital asset exchange OKEx is introducing Tiered Maintenance Margin Ratio System for Spot Margin Trading. The spot margin trading will go live from 07:00-08:00 Dec 9, 2019 (UTC). This spot trading will lower the leverage risk and increase borrowing limits claims OKEx exchange. Full description of how this new maintenance margin ratio is different...Read More
After announcing its support for a state-backed digital asset back in August, China‘s proposed CBDC is edging closer to becoming a reality and becoming a part of the country’s financial ecosystem. According to a recent report, the People’s Bank of China has revealed that its highly awaited digital currency electronic payment (DC/EP) would undergo testing...Read More
We will be analyzing the features, advantages, and disadvantages in our Atomic Wallet review to determine if this is the right wallet for your crypto storage needs. Atomic Wallet Overview Atomic Wallet is a cross-platform software wallet, which supports the storage of hundreds of cryptos, while also including a built-in atomic swap system. The atomic...Read More
Regardless of crypto market price action, some countries have had a better 2019 than others. India has been on the back foot for most of it as the central bank and regulators procrastinated with the new technology and stifled further innovation. Indian Crypto Industry Stunted Increasing hostility from central banks is to be expected. Decentralized...Read More
The People’s Bank of China has collaborated with four major state-owned commercial banks, the three major telecom operators, Huawei to test its digital Yuan. The PBOC will test this digital currency in two cities in the initial phase. The cities being Shenzhen and Suzhou. As per the report, PBOC is inviting partners to strategize the...Read More
South Korea is today one of the foremost cryptocurrency markets in the world, a market perhaps superseded only by the likes of the United States and Japan. Home to over 200 crypto-exchanges, any development in the country’s crypto-space is speculated to have a significant influence on the prices of Bitcoin and cryptocurrencies. The South Korean...Read More
OKEx, the leading global cryptocurrency futures exchange platform has announced that it is going to soon launch its USDT Margined Perpetual Swap Trading feature. According to the announcement, the latest USDT denominated linear contract offering is set to go live on December 16, 2019, following the simulation phase which went live on December 4. The...Read More
Crypto Analyst Peter Brandt came onto to BitcoinLive with his latest prediction. He claims that BTC price could reach it’s all-time high i.e. $100,000 or above. He further explains his claim saying that if bitcoin is able to break out from the current bear channel, the BTC prediction seems likely. In his latest video titled,...Read More
Istanbul hard fork on the Ethereum has officially taken place on block # 9069000 on Sunday, December 8th. A new era of Ethereum has arrived at 0:25 UTC this Sunday. The Istanbul hard-fork contains six distinct upgrades to improve performance, adjust the costs of opcodes, enable Ethereum and Zcash to interoperate, and enable more creative...Read More
