Bakkt Looks to Launch New Product So far, Bakkt’s Bitcoin (BTC) futures haven’t been faring all too well by many standards. That’s not to say the upstart has been doing bad, rather, the cryptocurrency community had extremely high expectations for Bakkt, citing that it is backed by players like the...
Bakkt Prepping to Launch It seems that Bakkt is arriving at the Bitcoin party a bit early. Announced in a tweet on Wednesday morning, the long-awaited crypto exchange startup will start managing custody of its customers’ BTC on September 6th — a Friday. According to the tweet, this custody solution...
Bancor, a Zug, Switzerland-based company focused on creating a protocol for converting and exchanging smart tokens, raised $153 million through an initial coin offering (ICO) in June 2017. The platform has also attracted a relatively large number of users to its decentralized token network in the past few years. However,...
Celsius network wants to hire its former CFO Rod Bolger at a monthly salary of $92,000 The firm has filed a motion stating that Bolger’s crypto knowledge can help the firm navigate its Chapter 11 bankruptcy proceedings. The troubled crypto lender platform Celsius Network is keeping no stone unturned to...
Libra May Sign on Banks… On Monday, the Libra Association — the somewhat decentralized body governing the Libra blockchain and crypto asset — finally ratified its charter. In a press release published on Monday night, the Libra Association confirmed the 21 member companies — seven less than the initial 28 mentioned...
Beyond Meat, Bitcoin; Potato, Potato Both Beyond Meat (BYND) and Bitcoin (BTC) have had quite the 2019 so far. The two assets, which are essentially nothing alike, both have seen stellar performances so far. What’s crazy is that the plant-based meats manufacturer only became a public company this year, and...
Alan Howard, a British billionaire investor and head of Brevan Howard hedge fund, is launching a cryptocurrency portfolio platform that will allow individuals to make stable investments – despite the volatility of digital assets. The new platform is being developed mainly for institutional investors and will make investments in various...
Although a decentralized cryptocurrency like Bitcoin and a plant-based meat company like Beyond Meat may not have anything in common upon first glance, their price action may actually be more similar than one would expect, mainly due to the psychology of those who trade them. Billionaire investor Mike Novogratz spoke...
Binance Picks Up Ethereum, EOS, Tron, etc. dApp Analytics Firm According to an announcement published to Binance’s official blog on Tuesday morning, the company has formally acquired DappReview, “the world’s leading information and analytics platform for blockchain-based decentralized applications (dapps).” The sum of the deal was not disclosed, though the...
Binance CEO CZ has made a surprising Twitter announcement, stating that the WazirX-Binance transaction was never complete. CZ further added that Binance does not own any equity in Zanmai Labs, the entity that operates WazirX Binance’s CEO Changpeng Zhao has made surprising declarations regarding the Indian crypto exchange WazirX. While...
Last week, the creator of the Bollinger Bands indicator, John Bollinger, claimed that he expected for Bitcoin (BTC) to see a “head fake”. Bollinger was absolutely right. Big shock, eh? Good potential for a Head Fake in $BTCUSD. Wait for it. https://t.co/JR0rYZdUfS — John Bollinger (@bbands) October 16, 2019 For...
Booming Mining Ecosystem When nearly half of Bitcoin’s hash rate — a metric used to describe the level of computational power backing the network and processing BTC transactions — seemingly disappeared overnight earlier this week, investors were quick to express their concerns on online forums. Cornell University professor Emin Gün...
