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Fund Manager Warns Bitcoin Is Pointless and ‘a Particularly Vile Asset Class’

Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds of crime. Fund Manager Sees Bitcoin as a Vile […] дальше »

2021-3-15 04:15


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North America’s First Bitcoin ETF Now Holds Over 11,000 BTC

The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching from other means of getting cryptocurrency exposure. First North […] дальше »

2021-3-4 03:15


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PayPal to Enable Cryptocurrency Transactions: What This Means for Adoption, Price, and Reputation

Perhaps one of the biggest steps in promoting cryptocurrency use within the private sector is the integration of cryptocurrency-related services into mainstream platforms. This first glimpses of this came with Cash App and PayPal allowing the withdrawal of fiat transactions from Coinbase in 2016. дальше »

2020-6-25 11:45


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Options Traders are Nearly All Long on Bitcoin; What This Means for BTC

Bitcoin’s week-long bout of consolidation appears to be leading options traders to grow increasingly bullish on the cryptocurrency Data shows that options traders are nearly all anticipating BTC to see further upside in the weeks and months ahead There are multiple factors, however, that suggest it is poised to see downside in the near-term These factors include rising funding, a high quantity of underwater long positions, and its multiple failed attempts to break above $10,000 […] дальше »

2020-6-10 02:00


Stellar Cryptocurrency Prints a “TD9”: Here’s Why It Means More Upside is Likely

The cryptocurrency known as Stellar has been a relatively poor performer over the last several years, however, throughout 2020 the once-booming altcoin has been showing signs of a strong recovery. Now, the asset has printed a TD9 on daily price charts, following an over 10% intraday rally. Is this a sign that an altcoin season... дальше »

2020-5-14 20:30


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Bitcoin Just Shattered an “Optimal Short” Level; Here’s What This Means

Bitcoin saw a surprising overnight surge that allowed the cryptocurrency to capture a position within the $8,000 region This movement came about after an extended period of consolidation and multiple firm rejections at $7,800 BTC’s present momentum may not last too long, however, as the crypto is fast approaching a level that analysts are describing as an “optimal short” due to the resistance that has been established here Bitcoin’s intense uptrend from its recent lows […] дальше »

2020-4-30 21:00


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POS vs. Masternodes: What’s the Difference?

What is ‘POS’? Proof of stake is a sort of agreement flow by which a cryptocurrency block-chain nexus points to attain a disseminated agreement. In PoS-based cryptocurrencies, the maker of the given block is selected by means of different combinations of arbitrary determination in addition to wealth or lifetime. (PoS) Proof of Stake is additionally […] дальше »

2020-3-27 14:09