There are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer an interim product. Also read: Indian Government’s New Report Views Crypto Positively...Read More
Bitcoin price is gaining momentum and it recently traded above $10,700 against the US Dollar.The price is currently testing the key $10,800 resistance area and it might correct a few points.There is a new bullish trend line forming with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price...Read More
While Bitcoin price action is decidedly sideways, other metrics are posting positive signals. The week is ending with BTC above five figures which is still bullish, and dominance has just tapped another new high.Bitcoin OI Hits a HighBy definition, open interest is a measure total number of outstanding derivative contracts, such as futures that have...Read More
This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors. To keep the conversation going in person, register for Invest: Asia 2019 coming up in Singapore on Sept. 11-12. Since the cryptocurrency boom and...Read More
A $1 billion Bitcoin (BTC) transaction has become conspicuous not because of its size but because its sender spent far too much on fees. Someone could have sent 94K BTC for $35 Social media users were guessing at the origin and destination of the funds on Sept. 6, which involved 94,504 BTC ($1.018 billion). According...Read More
For cryptocurrency to become sound money, it needs to integrate a degree of privacy on a transactional level, just as paper currency does. Bitcoin and Ethereum, both, lack strong privacy measures, but this is being addressed. As shown by Chain Link’s research paper, mixing services powered by decentralized oracles can overcome this barrier, September 4,...Read More
For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to...Read More
The University of Gibraltar and Huobi University, a blockchain technology education institution in China, an affiliate of the Huobi Group, the global digital asset exchange provider, have announced the signing of a Memorandum of Understanding (MOU) to explore the development of blockchain education and research initiatives. Albert Isola MP, Gibraltar’s Minister for Commerce, formally exchanged...Read More
After keeping their thoughts on crypto quiet for years, a key executive at Apple is now explaining that the company is interested in the nascent technology, but further added that users shouldn’t expect anything crypto-related to come to Apple products anytime soon.Despite their down-the-road interest, Apple is lagging significantly behind some of its main competitors,...Read More
Four out of the first five results presented when querying Google for a “bitcoin qr generator” lead to scam websites. The findings Cryptocurrency wallet ZenGo wrote the findings in a blog post published on Aug. 29. Reportedly, when researching prior to implementing QR Code support in their wallet, ZenGo learned of the prevalence of scam...Read More
September 6, 2019 15 Views Gemini, the New York registered bitcoin exchange company, today announced the launch of Gemini Clearing, a fully-electronic clearing and settlement solution for over-the-counter (OTC) crypto trades. Gemini Clearing allows trades that are negotiated off-exchange or OTC to settle between Gemini accounts. Such trades can be arranged bilaterally between two parties...Read More
September 6, 2019 31 Views Hydrogen, a provider of financial and blockchain APIs, announced that its platform has achieved ‘Powered by Oracle Cloud’ status, and is now available in the Oracle Cloud Marketplace. The Hydrogen platform enables organizations of all sizes to create decentralized banking, investing, savings, insurance, and wellness applications. The Oracle Cloud Marketplace...Read More
The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting with their wallets and trying to secure their savings on safer...Read More
Bitcoin has found some stability within the mid-$10,000 region over the past couple of days after incurring significant volatility earlier this week. This stability marks a bout of consolidation that comes shortly after BTC’s massive surge from the lower-$9,000 region to highs of roughly $10,800, which is where it faced some levels of resistance.Although the...Read More
An entrepreneur, investor, and crypto asset enthusiast has produced a music video intended to get people talking about digital asset use. The video pits the original “bankster” Alexander Hamilton versus Satoshi Nakamoto in a rap battle inspired by the work of Lin-Manuel Miranda’s role in the hit musical “Hamilton”.Individuals from the cryptocurrency industry have received...Read More
The NSA has revealed plans to create a quantum resistant crypto. It’s not the first time the agency has taken an interest in cryptocurrency. | Source: Shutterstock The U.S. National Security Agency (NSA) is going from crypto surveillance to crypto creation. According to Bloomberg reporter William Turton, the agency is developing “quantum-resistant crypto.” Anne Neuberger,...Read More
Technology companies show a growing interest in cryptocurrencies. Some do so more than others, like Facebook. Apple, on the other hand, is not going all-in just yet. Despite the potential and promise of cryptocurrencies, the focus lies elsewhere entirely for the time being. Apple Sees Merit in Crypto It is somewhat surprising to learn Apple...Read More
On a recent segment of CNBC’s Market Alert featuring prominent investor Mark Mobius, the conversation quickly turned to gold, fiat currencies, and of course, Bitcoin.The post appeared first on NewsBTCRead More
Bitcoin basher Mark Mobius raised concerns over the security promised by blockchain technology while calling it “a very high-risk situation.” | Source: REUTERS / Danish Siddiqui (i), Shutterstock (ii). Image Edited by CCN. Mobius Capital Partners LLP founder and emerging markets fund manager Joseph Bernhard Mark Mobius has raised concerns over the security promised by...Read More
The Fear and Greed Index suggests that crypto investors are feaful. In addition, a top analyst believes bitcoin has more downside risk before skyrocketing. | Source: Shutterstock Over the last few weeks, bitcoin has been struggling to stay above $10,000. The bullish steam that pushed the dominant crypto to $13,880 is fading away. Armchair traders...Read More
According to polls, predictions, and commonly seen comments from the cryptocurrency community, most are certain that one day Bitcoin will reach prices of $100K to as much as one million USD. For most, it’s not a matter of if, but when.The post appeared first on NewsBTCRead More
Among cryptocurrency enthusiasts, Tokyo is often mentioned as one of the most crypto-friendly cities in the world. Recently, it has especially become known for Bitcoin Cash (BCH) adoption, which is a cryptocurrency that has the characteristics of the original Bitcoin (BTC), as intended by the mysterious creator Satoshi Nakamoto. Bitcoin Cash is meant to be...Read More
Bitcoin ticker symbol “BTC” saw a sudden spike in interest on Google, but could the search engine results be manipulated? And why? | Source: Shutterstock Interest for “BTC” has exploded to a new record on Google Trends as search results for bitcoin’s ticker symbol skyrocket. The phenomenon started around August 30, when “BTC” searches suddenly...Read More
Bitcoin has been trading around $10,500 for the last few days as price levels begin to form rising support. The question remains as to whether enough volume will enter Bitcoin in order for price levels to break up-wards through key resistance at $11,00o. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can...Read More
The massive Bitcoin sell-off that sent prices below the $10,000 at the end of August wasn’t the result of manipulations, according to an ex post facto research by Coin Metrics. First Major Bitcoin Sells Spotted on Coinbase Large traders or institutional investors often manipulate the Bitcoin price, especially through fake volume or trading derivatives. The...Read More
The cryptocurrency insurance market is expected to grow at a faster rate if United States regulators provide more regulatory clarity, according to industry experts. As Forbes reported on Sept. 5, CEO of San Francisco-based cybersecurity agency Coalition, Joshua Motta suggested that the market for digital currency insurance is now worth between $200 million and $500...Read More
