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...
Libra Partners Yet to Commit Money When Libra, Facebook’s crypto project, was unveiled in June of this year, it was billed as a collaborative effort between multiple entities — technology firms, fintech upstarts, venture capital funds, blockchain builders, and other companies in other groups. However, sources have told the BBC...
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...
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...
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...
Earlier this year, Facebook famously unveiled Libra to the world. The cryptocurrency project, billed as a way to empower billions, quickly became the talk of the town, with the phrases “Libra” and “Facebook’s crypto/blockchain” gracing the notifications of the phones of millions across the world; effectively every mainstream media outlet...
Huawei Delves Into Blockchain: Report According to a report from Alice Crypto, a blockchain industry member seemingly based in China, that was shared by popular cryptocurrency content creator BoxMining, Huawei might be getting into this nascent technological class. Every company in China is jumping on the Blockchain Boat. Huawei Blockchain...
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...
Crypto Funds Close Up Shop According to a recent report from Bloomberg, 70 crypto-centric hedge funds that served a clientele of “pensions, family offices and wealthy individuals” have closed in the past year. The data, which came from Crypto Fund Research, also indicated that the number of new funds is...
If you’ve been on Crypto Twitter over the past few months, you’ve likely heard the name “FTX” tossed about. For those who missed the memo, FTX is a cryptocurrency-centric derivatives exchange built by veterans of Wall Street (Jane Street, Susquehanna, and Optiver) and other financial markets. The platform offers high...
This year hasn’t been the best for XRP, though some would argue that the exact opposite can be said about Ripple Labs, the American fintech company that is a large proponent of the cryptocurrency. Over the past 12 months, Ripple has bagged deals with institutions, getting firms such as Banco...
BCH to Pass Bitcoin’s Market Cap? Speaking with Forbes, Roger Ver, early Bitcoin adopter and long-time libertarian, said that he thinks that Bitcoin Cash (BCH) will eventually surpass BTC in terms of market capitalization, claiming that eventually, the latter cryptocurrency will only be seen as a speculative asset. Backing this...
