Switzerland has been at the forefront of crypto-advancement for a long time now. As a result, many bankers in the country have started to see Bitcoin as a natural fit for their country’s financial and banking sector. On a recent podcast, Phil Dettwiler, Head of Custody Storage and Transaction Banking at SEBA Bank AG, stated...Read More
The blockchain and cryptocurrency space is fast-growing and attracting much attention. From the big financial sector to e-commerce as well as others like technology giants, the blockchain is fast leaving impressions with which greater technological advancement is birth. A Rising Demand For Blockchain Education And Professionals Report coming in from search engines clearly indicates an...Read More
Bitcoin’s price made yet another positive week of continuous gains. In the past seven days, BTC is up more than 4%, finally breaking above the essential technical and psychological resistance of $10,000. The price shot up to as much as $10,500 but failed to claim this level and retraced to where it currently trades at...Read More
Bitcoin Bitcoin saw a small 4.7% price increase over the past 7-days as the cryptocurrency finally managed to break above resistance at $9,815 to climb above $10,000. It has met slight resistance at around $10,430 and will need to break here to continue higher. If the bulls penetrate $10,430, higher resistance lies at $10,500 $10,707...Read More
Have you ever shopped using cryptocurrency? A cashless transaction always comes in handy. Just walk up to the billing counter, brandish your crypto details and be done with it. More and more stores and websites are implementing crypto payment for users’ flexibility. Well, every coin has two sides, isn’t it! Likewise, shopping with crypto has...Read More
Cryptocurrencies are popping in 2020. The entire market’s capitalization has once again touched $300 billion – something that was last seen six months ago. The interesting part is that it’s not just Bitcoin’s price that’s increasing this time – altcoins are exploding as well. Naturally, as it has always been the case, this drives more...Read More
Today’s valentine’s celebration has particularly paved way for bitcoin’s progress since the beginning of the year. Although there seems to be much more to this present bull run, bitcoin also owes much of its current progress to the May 2020 bitcoin mining reward halving. Valentine’s Day Escorts BTC To Another Bull Market! Bitcoin seems to...Read More
One of the world’s largest cryptocurrency exchanges, Huobi, is adding a new service for its Argentinian branch. Dubbed Huobi Argentina, it now allows customers to directly exchange Argentine Peso (ARS) for Bitcoin and Tether (USDT) and vice versa. Huobi Argentina Fiat Gateway In September 2019, the Singapore-based cryptocurrency exchange announced the opening of Huobi Argentina....Read More
Bitcoin’s 2020 uptrend has been unwavering, with the crypto posting steady gains without ever incurring any notable pullback throughout the course of this rally. Overnight, however, the crypto experienced some intense volatility that appeared to be bear’s attempt at invalidating Bitcoin’s bullish market structure by pushing the cryptocurrency below $10,000. Bulls have been able to...Read More
In recent years, there has been a continuous acceleration in the development of new technologies such as fintech, IoT, Big Data, AI, and other related fields. Much of this is due to investment from major companies, like the SBI Group, based out of Japan, which have been proactively investing in venture companies within these fields...Read More
Though this year has recorded some very positive price movements across the board, it still isn’t entirely clear how institutional investors have positioned themselves about Bitcoin. While volumes and volume profiles on derivative exchanges do provide a lot of information regarding how much trading is taking place, a far more insightful metric is its ‘Open...Read More
Bitcoin’s price, at press time, was $10,144. And while the king coin’s price has dipped significantly over the past few hours, Bitcoin’s surge over $10,300 was the world’s largest cryptocurrency’s biggest rally in 2020. In fact, Bitcoin breached the much-anticipated $10k level twice this week after a significant pullback. Today, Bitcoin is seen by many...Read More
Cryptocurrency regulations are taking a front-row in high-end governmental discussions. Steven Mnuchin, Secretary of the Treasury of the US, noted that FinCEN is working on introducing several new requirements to counter possible illegal financial activities. FinCEN To Apply New Requirements Yesterday, the U.S. Senate held a hearing to cover the 2012 budget. While addressing many...Read More
Are you new to crypto industry? Have you heard about Bitcoin? I’m sure most of us have heard about this widely used cryptocurrency. Moreover, BTC is the first crypto that anybody will check out; it’s so widespread. Henceforth, it must be a common notion that Bitcoin will be the highest traded crypto amongst all. However,...Read More
Deribit exchange continues to maintain its dominance in the Bitcoin Options market, with its trading volume over the last few months continuing to dwarf other exchanges, despite competition from the likes of Bakkt, CME, OKEx, and FTX. Crypto-derivatives data analytics firm Skew recently reported that Bitcoin Options on Deribit had touched a new all-time high....Read More
The Federal Reserve’s policies are fueling deflation, not inflation, according to a well-known hedge fund manager. A deflationary environment could send bitcoin sharply higher. | Image: KAREN BLEIER / AFP The growing U.S. workforce and retirement of the boomers will force the Fed to double its balance sheet. The expansion of the Fed’s balance sheet...Read More
The past week has been noteworthy for most crypto-assets, with a majority of them recording significant gains. The world’s largest crypto-asset, Bitcoin, surged by over 9% over the past week, while most other altcoins in the top 10 registered double-digit growth. Ethereum and other smaller-cap assets have been outperforming Bitcoin too, with the second-largest coin...Read More
The exciting start of 2020, in terms of price action, has brought serious retail attention to the cryptocurrency market. Google Trends data shows that Bitcoin and altcoin searches are recording their highest levels since August of 2019. Bitcoin Price Drives Attention The largest digital asset began the year trading at $7,170. At the time of...Read More
The cryptocurrency market is the fastest-growing asset class of 2020. Can the trend continue? | Image: REUTERS/Dado Ruvic/Illustration Bitcoin’s price approaches $10,500 for the first time since early September. Twenty-nine of the 30 top cryptocurrencies reported gains Wednesday. The combined market cap of all coins crosses $300 billion for the first time in six months....Read More
Bitcoin was conceived to ensure the financial independence of people. However, funds stored by users on crypto-exchanges have raised many questions regarding its ownership. Nevertheless, the demand for an established platform to provide custody for cryptocurrencies has only increased and according to Jake Chervinsky, General Counsel at Compound, we are stuck with this custody model...Read More
The cryptocurrency market is growing at a notable rate since the beginning of 2020. Interestingly enough, the growth is across the board. Despite Bitcoin’s increasing price, its dominance continues to fade. This is a definitive sign that altcoins are claiming serious grounds as their prices continue to boom. Cryptocurrency Market Cap At 6-Month High It’s...Read More
Democrat Andrew Yang, who previously urged for more transparent cryptocurrency regulations, has suspended his 2020 presidential campaign. With recent disappointing results, he felt convinced that they wouldn’t win the race, thus deciding to end his campaign in advance. Yang Drops Out Of the 2020 Presidential Race Andrew Yang is an American author, lawyer, and entrepreneur,...Read More
The Bitcoin ecosystem has been adaptive to various technologies, with many of them intent on solving Bitcoin‘s utility; one of them is Lightning Network. Bitcoin’s Lightning Network was introduced as a second layer technology to execute micropayments instantly and at low costs. However, there has been a constant debate about whether or not Lightning has...Read More
Turkey has become a crypto-hotspot lately and this is no longer a secret. The hyperinflation of the nation’s fiat currency, the news around the digital lira, and the freezing of millions of bank accounts in 2019 have all contributed to this narrative. In fact, the Turkish government had also listed blockchain adoption as part of...Read More
The digital asset industry is perhaps the only asset class that is so susceptible to market sentiments and changes in geopolitical situations between different nations. Taking Bitcoin as a prime example; a significant part of the community attributed Bitcoin‘s price surge to the rise in tensions between the United States and Iran and the outbreak...Read More
Bitcoin’s intense 2020 rally is showing no signs of slowing down, with yesterday’s dip from highs of $10,200 to lows of $9,700 being met with an abundance of buying pressure that has now led its price to rally up to fresh 2020 highs. This momentum, which comes just months before the crypto’s highly anticipated mining...Read More
Bitcoin retook $10,000 Tuesday after Fed Chair Jerome Powell acknowledged the importance of blockchain development at the central bank. | Image: shutterstock.com The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly...Read More
The infamous PlusToken Ponzi scam that resulted in investors losing over $3 billion in cryptocurrencies like Bitcoin [BTC] and Ethereum [ETC] has reared its ugly head again. After a short hiatus, the scam artists have re-surfaced and moved $117 million in Bitcoin, within their addresses. Dovey Wan of Primitive Ventures called out the hefty 11,999.47...Read More
India remains one of the countries in the world with regulatory uncertainty when it comes to cryptocurrencies. While the Reserve Bank of India (RBI) has already clarified that digital assets are not illegal in the country, the Police department of Tamil Nadu has issued a fresh warning that the public should steer clear of cryptocurrencies. ...Read More
Fundstar Global Advisors Managing Partner, Tom Lee, continued with his positive predictions regarding the price of the largest digital asset. In a recent interview, he said that Bitcoin will reach $40,000 before the popular stock market index, the Dow Jones Industrial Average (DJI), gets to 40,000. Bitcoin Price To $40,000 Lee is among the most...Read More
