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Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs
While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market valuation of eight different stablecoins combined is well over […] The post Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs appeared first on Bitcoin News. дальше »
2020-3-31 02:30 | |
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Mt Gox Bitcoins: Trustee Plans to Distribute BTC and BCH, Liquidate Forks Into Cash
On March 24, the Mt Gox creditors’ trustee from Tokyo, Nobuaki Kobayashi, disclosed a newly written rehabilitation plan for claimants looking to access some of the funds they lost in 2013. According to the new plan, Mt Gox claimants will get BTC and BCH assets alongside the possibility of receiving fiat currencies as well. дальше »
2020-3-26 00:30 | |
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Bitcoin may be uniquely positioned for 'incredible risk-reward trade-off'
Bitcoin [BTC] advocate and Morgan Creek Digital co-founder Anthony Pompliano, in his latest letter to investors, shared his thoughts on 'the best and worst assets coming out of the COVID-19 financial The post Bitcoin may be uniquely positioned for 'incredible risk-reward trade-off' appeared first on AMBCrypto. дальше »
2020-3-22 19:30 | |
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Binance's CZ on BTC trend: newcomers selling a lot more, existing investors buying like crazy
Bitcoin which was supposed to be an 'uncorrelated asset' has followed the same path as other 'traditional risk assets'. Binance's CEO Changpeng Zhao[CZ] in a tweet on March 20, asserted that he was anThe post Binance's CZ on BTC trend: newcomers selling a lot more, existing investors buying like crazy appeared first on AMBCrypto. дальше »
2020-3-20 15:00 | |
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BTC Investors Are Buying the Dip But Watchout, Options Expiry Are Coming
For the past few days now, bitcoin is showing the signs of decoupling from the other risky assets like gold as the digital asset jumped to $5,920, up 8. 13%, with more than $2 billion worth of bitcoin exchanging hands-on top ten exchanges with real volume. дальше »
2020-3-20 21:18 | |
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Analyst: Ethereum Prepares for Massive 95% Move Against BTC, But Which Direction?
Ethereum started off 2020 as bullish as can be, outperforming BTC and other crypto assets by a large margin. The top altcoin in the crypto market may soon make a massive 95% move against Bitcoin, according to one analyst, but the direction of that move is still up in the air, although they’re leaning heavily... дальше »
2020-3-20 20:00 | |
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BTC Mining Profitability Drops Sharply; 40% Decline in Hash Rate to See ‘Healthier Margins’
Over the past two weeks, investors have been aggressively making an exit from the risky assets and seeking safety to cash-like assets as Covid-19 concerns push the global economy towards recession. Nations across the world have declared national emergencies and instituted lockdowns. дальше »
2020-3-19 17:28 | |
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Bitcoin Decouples from Risk Assets as Price Jumps Past $5,800, But is it Temporary?
In a sudden move, the Bitcoin price has started rising, going as high as $5,782 for now. At the time of writing, BTC/USD has been trading around $5,860 with 24 hours gains of 9% while managing the daily trading volume of $1. дальше »
2020-3-19 16:21 | |
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Yes, Bitcoin Is still A Safe Haven Asset Despite Mammoth Price Drop
Bitcoin (BTC) is still a safe haven asset despite its massive price drop over the past week. At least, according to the digital assets research firm, Bloqport. Bitcoin’s inability to retain value as other assets declined has raised questions about claims that it is a safe haven asset. дальше »
2020-3-17 20:35 | |
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With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%
Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. дальше »
2020-3-15 01:48 | |
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CME Suspends Trading Floor As Bitcoin (BTC) Price Plummets To 11-Month Low
Corona Virus has taken the headlines across the globe as firms and economies suffer from the pandemic. While the cryptocurrency market has remained comparatively immune for the past few weeks as other global assets tanked, the market is finally catching a cold as CME announced the closure of its BTC Futures at the end of […] дальше »
2020-3-13 17:47 | |
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Bitcoin Mirrors Risk Assets as Trump Bans Travel From Europe
Bitcoin (BTC) price continues to move in tandem with assets like securities following Trump’s announcement banning all travels from Europe to the US. Analysts observed that Bitcoin underwent a major sell-off mirroring that of US stocks thus acting like a risk-on asset. дальше »
2020-3-13 14:25 | |
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BlockFi Adds New On-Ramp, Allowing Customers to Use Cash Deposits to Buy BTC
The cryptocurrency-focused financial company BlockFi said it now has a newly enabled feature that allows its customers to buy Bitcoin (BTC) with cash. Before, the Jersey City-based crypto lender, only allowed users only to transfer their digital assets [BTC, ETH, LTC, and stablecoins USDC, GUSD] onto the platform from wallets and exchanges. But after today's […] дальше »
2020-3-10 21:18 | |
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Web3 Foundation Is Funding a Project To Bring Bitcoin to Polkadot Via BTC-Parachain
The non-profit organization behind Polkadot, which is the Web3 Foundation, has decided to finance a new bridge that links the blockchain Polkadot network to Bitcoin (BTC). The London-based developer company Interlay is going to be funded by Web3 and build a BTC Parachain that brings BTC-backed assets onto the Polkadot network. The parachain will use […] дальше »
2020-3-6 21:23 | |
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BitGo Rolls Out Lending Services to Institutional Investors; 15 Digital Assets Supported
One of the oldest and largest digital assets custodians, BitGo, has decided to start lending out Bitcoin (BTC) and other cryptocurrencies to big investors. The announcement was made on Thursday. BitGo was founded in 2013 by Mike Belshe, its current CEO. дальше »
2020-3-6 20:02 | |
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Interlay awarded grant to create Bitcoin (BTC) – Polkadot (DOT) bridge
Interlay, a protocol to unlock liquidity for DeFi platforms across blockchains, recently announced its work on bringing Bitcoin to the Polkadot ecosystem. Over the past months, the team at Interlay has been developing an in-depth technical specification for Bitcoin-backed assets on Polkadot. дальше »
2020-3-7 18:56 | |
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Ukraine Mandates Citizens to Declare Bitcoin (BTC) Holdings for Tax Purposes
In a bid to regulate its cryptocurrency space, Ukraine‘s National Agency for Prevention of Corruption (NAPC) has defined clear rules for declaring cryptocurrencies as intangible assets. As such, taxpayers in the country have been mandated to report their crypto holdings following these guidelines, according to a Forklog report on March 3, 2020. дальше »
2020-3-5 22:00 | |
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Quant crypto fund: Bitcoin is just as “susceptible to market panic” as other assets
Quantitative crypto fund Strix Leviathan says the narrative of Bitcoin as a hedge against economic uncertainty could be false—considering last week’s nearly unprecedented stock market sell-off, where the S&P 500 suffered its sharpest correction since the 2008 financial crisis and BTC shed nearly 15 percent in USD terms. дальше »
2020-3-5 00:00 | |
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Coronavirus: Millennials Choose Bitcoin as the Best Investment
iTrustCapital, a Los Angeles-based firm that enables clients to buy and sell bitcoin (BTC) and other cryptocurrencies, as well as physical gold in retirement accounts on a 24/7 basis, has released its latest survey report which reveals that most millennials prefer to invest in digital assets and gold in the wake of the coronavirus pandemicRead MoreRead More. дальше »
2020-3-4 22:00 | |
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KPMG Report: Tremendous Profit Potential for Cryptocurrency Custodians in the Industry
According to a Bloomberg report published on March 2, 2020, auditing giant KPMG has stressed that the cryptocurrency industry must improve how it secures digital assets in order to keep growing. KPMG Emphasizes the Security of Digital Assets Bitcoin (BTC), the first cryptocurrency developed during the aftermath of the 2008 financial crisis has been inRead MoreRead More. дальше »
2020-3-3 02:00 | |
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Increased Safeguards Is Needed For Crypto Growth As Nearly $10B Has Been Stolen: KPMG
Ever since 2017, hackers have stolen over $9.8 billion in digital assets due to poorly written code or lax security, according to a KPMG report from Monday. Furthermore, the accounting firm added that the adoption of cryptocurrencies like Bitcoin (BTC) and Ether (ETH) by institutional investors has increased competition amongst investors seeking to occupy a […] дальше »
2020-3-3 23:42 | |
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3 Crucial Reasons Why Bitcoin Could Soon Surge Higher From $8,500
Over the past few days, Bitcoin has finally stabilized after the strong price crash seen on Sunday through Wednesday that took BTC from $10,000 to $8,400. While some analysts fear that this consolidation is a precursor to another leg lower, referencing the fact that assets never trend in a straight line, there’s a case building that this is consolidation is indicative of a bottom. дальше »
2020-3-2 02:54 | |
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This One Headline Just Made Crypto Investors Astronomically Bullish on BTC
Bitcoin and the crypto market haven’t been the only assets falling over the past week or two. This week marked one of the stock markets and commodity market’s worst performances in history, with the S&P 500 and Dow Jones falling by around 12% from their all-time highs established just earlier this month. It was so... дальше »
2020-2-29 07:00 | |
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Everyone Should Have 1% of Their Assets in Bitcoin: Virgin Galactic Chair
Chamath Palihapitiya, former Facebook executive and Chairman of Virgin Galactic, says that everyone should have 1% of their net worth invested in Bitcoin. He cited Bitcoin’s quality as a totally uncorrelated asset class, and the overuse of leverage in traditional finance as reasons to hedge with BTC. дальше »
2020-2-27 21:00 | |
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3 Reasons Why An Analyst Thinks Bitcoin Will Plunge Below $6,400
While Bitcoin remains up in 2019, outperforming effectively all other assets except for altcoins and Tesla, market participants have been scared by the recent reversal. In fact, one popular cryptocurrency trader, who called the bearish reversal quite well over the past few days, has warned that the macro BTC bottom might not have been established at $6,400 in December. дальше »
2020-2-27 19:59 | |
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Tron’s Justin Sun Says He Owns ‘A Lot Of XRP and Ethereum’, Predicts $100k For Bitcoin Before 2025
Tron founder Justin Sun isn’t just supportive of TRX tokens alone. Apparently, he is a fan of other digital assets as well, including the top three. Speaking in a recent interview with Julia Chatterley on CNN, Sun spoke in favor of all three, including Bitcoin (BTC), Ethereum (ETH), and XRP. Sun told Chatterley that he’s […] дальше »
2020-2-26 14:31 | |
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BTC Remains Unaffected With Stock Market Plunge, Out of Control Gold; But It’s a Good Thing
Renewed fears that the coronavirus will negatively affect the global growth has Gold going out of control. The bullion soared toward $1,700 an ounce amidst a flight to haven assets. “Commodities are witnessing another risk-off day as coronavirus concerns boil up,” said Norbert Ruecker, head of economics at Julius Baer Group Ltd adding, “the flight […] дальше »
2020-2-25 19:22 | |
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Investor Put $1k In Top 10 Crypto Assets to Start 2020. Here’s How It’s Going Now
Despite Bitcoin’s extremely strong performance in 2019, crypto assets as a class didn’t fare too well. Sure, some altcoins like Litecoin managed to surge by hundreds of percent. But, the aggregate market capitalization of cryptocurrencies that aren’t BTC managed to register a slightly negative performance last year, with altcoin projects in Ethereum and XRP actually... дальше »
2020-2-24 14:00 | |
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Ireland Seizes Bitcoin Stash Worth $56M in Criminal Forfeiture Ruling
Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56. дальше »
2020-2-21 22:45 | |
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OKEx adds spot margin trading and savings service for 19 new cryptocurrencies
Cryptocurrency exchange OKEx, today announced the launch of 19 new assets for spot margin trading and savings service to begin on 07:00-08:00, February 21, 2020 (UTC). Trading markets for the new assets will be available against USDT and BTC. дальше »
2020-2-20 19:02 | |
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3 Top Cryptocurrencies Hit Hardest by the Latest Flash Crash
When Bitcoin (BTC) drops, other cryptocurrencies drop even more. But some assets erased more value, showing their relatively fragile market gains. BTC Crash Triggered Downward Spiral for Altcoins On Thursday, BTC prices flash-crashed by about 7%. дальше »
2020-2-20 18:00 | |
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No, Ethereum Didn’t Just Print an Extremely Bearish Double Top Pattern
On Tuesday, the crypto market mounted a strong recovery, with the prices of Bitcoin, Ethereum (ETH), and other digital assets strongly bouncing off the weekend lows. At Tuesday’s local peak, BTC was trading 8. дальше »
2020-2-20 00:21 | |
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5,500 BTC ($56 Million) Seized by Ireland’s Criminal Assets Bureau from Drug Dealer
The Irish High Court ruled that a drug dealer should have his 52 million Euro (more than $56 million) in Bitcoin (BTC) confiscated as being criminal proceeds. On February 19, the Irish news outlet Independent. дальше »
2020-2-20 00:19 | |
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Binance Exchange Unveils Cloud Infrastructure for Prospective Bitcoin Exchanges
Binance Holdings Ltd. , one of the world’s most innovative and largest Bitcoin (BTC) trading venues, has announced the launch of its business-to-business-to-consumer (B2B2C) cloud infrastructure aimed at making it possible for interested businesses to launch their digital assets exchanges. дальше »
2020-2-18 14:00 | |
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FCoin Exchange Comes Up Short, Up To 10,000 BTC Of Traders Assets Gone Due To Errors
FCoin, the famous cryptocurrency exchange that uses the trans-fee mining model, has revealed a shortage of $130 Million in crypto-assets and paused both withdrawal and trading on its platform. FCoin was launched in May 2018 by the former CTO of Huobi, Zhang Jian, who said on Monday in a blog post that the exchange is […] дальше »
2020-2-17 19:17 | |
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BTC’s Market Share Drops Consecutively for 14 Days – Dominance Ratio Slides to 60%
Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over 19% during the last 90 days. However, many other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. дальше »
2020-2-16 19:30 | |
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Bitcoin Should Now Be at Least 1% of Every Investment Portfolio
According to Shapeshift CEO Erik Voorhees, Bitcoin has proven itself over the last 12 years and should now be at least 1% of every portfolio allocation. Bitcoin (BTC) has arguably been one of the most appreciative assets in history. дальше »
2020-2-13 23:34 | |
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Altcoin Season Trending – LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h
The last few days have shown bullish price activity across the list of top cryptocurrency markets. There’s been a lot of focus on coins like BTC, ETH, BCH, and EOS, but digital assets like HBAR (120%), STX (52%), XTZ (20%) and LINK (13%) have seen much larger gains this week. дальше »
2020-2-13 19:50 | |
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Bitcoin’s Dominance Plunge Longest in History; Alt Season Incoming?
The market capitalisation of Bitcoin (BTC) has been in a marked downtrend versus other digital assets for most of 2020. In fact, the leading cryptocurrency actually lost market share to the rest of the industry for the last 11 days. дальше »
2020-2-12 23:00 | |
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