Bitcoin & Blockchain Continue to Explode in China: Ripple Effect 14
The pro-blockchain comments from China’s president, Xi Jinping, continue to have a profound effect on the nation’s involvement with Bitcoin, cryptocurrencies, and blockchain technologies, despite the fact that Xi’s remarks are just four days old. Chinese Bank Invests in Bitcoin Wallet The rumors of Bitcoin’s death in China have seemingly...
Bitcoin (BTC) Bollinger Band Fractal Suggests Price Surge to $16,000 15
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...
Bakkt to Beat CME: Bitcoin (BTC) Options On Their Way 16
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...
Analyst: Gold Still Ultimate Recession Hedge, Not Bitcoin 18
If you have perused crypto Twitter over recent months, you have probably noticed a trend: Bitcoin is being seen by investors and analysts — both on Wall Street and on Main Street — as a potential safe haven in the ongoing trade war. In fact, an analysis by Quant Fiction...
Want to Spend Bitcoin on Amazon? There's An App For That 19
Crypto investors have long been asking when Amazon, the massive American e-commerce giant, will integrate Bitcoin (BTC). These expectations make sense. If the platform accepted Bitcoin payments, users would effectively be able to stake their entire lives on cryptocurrency. So far, Amazon has been mum on the topic. The firm...
Despite Bitcoin Crash, Q3 2019 Was Binance's Second Best Quarter 20
Binance Sees Great Q3 Despite the Bitcoin price’s harrowing third quarter — BTC fell from $14,000 in June to $8,000 by the end of September — cryptocurrency exchange giant Binance’s operations have been chugging along just fine. In fact, the company revealed on Thursday morning that it had burned 2,061,888...
Banks Excited About Libra, Crypto's Exec Says 23
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...
SEC to Access Semi-Bitcoin ETF After Bitwise Disapproval 24
According to a report from CoinDesk, the U.S. Securities and Exchange Commission (SEC) has opened a commenting process on a Bitcoin exchange-traded fund (ETF) proposal filed by Wilshire Phoenix and NYSE Arca, which restarts the SEC’s regulatory clock. It was reported that from the filing’s publication, the SEC has 45...
Stephen Curry's Fund Won't Invest in "Not Practical Yet" Blockchain 25
Blockchain Not Functional?  While Bitcoin hasn’t been widely adopted, the “technology that backs it”, blockchain, has gained mainstream attention. JP Morgan, Walmart, and IBM are among the corporate giants that have begun to use this technology in their operations, citing its potential to reduce costs, increase information/transaction processing speeds, amongst...
G7: While Crypto is Useful, Libra Could Threaten Financial System 26
Libra & Crypto Questioned by G7 Libra’s woes have only continued into the weekend. On Sunday evening, the BBC reported that the crypto project was called out by the Group of Seven (seven of the world’s largest economies with some exceptions). The G7 draft report that the outlet managed to...
Breaking: SEC Halts Telegram Crypto Ambitions, Calls It "Unregistered" 27
Well here’s yet another breaking story. In a U.S. Securities and Exchange Commission (SEC) press release published on Friday afternoon, it was revealed that the agency has “filed an emergency action and obtained temporary restraining order” against two entities behind the Telegram ICO for the Telegram Open Network (TON). The...