In summary: The FCA has banned crypto derivatives and exchange-traded notes (ETN) for retail customers According to the FCA, the move is aimed at protecting retail investors The ban comes into effect 6th January 2021 Bitcoin...
Quick take: Veteran Bitcoin Analyst, Willy Woo has explained that Bitcoin capitulation was last year at $3k Bitcoin has been in a bull market ever since The Bull market was masked by the wild swings by...
In summary: KuCoin CEO, Johnny Lyu, has informed the crypto-verse that they’ve identified suspects behind the recent hack He explained that KuCoin is working with authorities to apprehend the suspects Another additional $64 Million in digital...
In brief: Bitcoin has managed to stay above $10,000 for 65 days BTC’s impressive run is currently threatened by the unfolding saga between the CFTC, US DoJ and Bitmex The CFTC has charged Bitmex and its...
Quick take: Timothy Peterson has used Metcalfe’s law to predict that Bitcoin is 2 weeks away from $11k Additionally, and using his model, BTC is 2 months from hitting $12k and 2 years from $37k Mr....
Quick take: Investors are increasingly holding Bitcoin as a store of value Bitcoin supply held for over 1 year hits its highest level since 2010 at 63.5% Bitcoin has now stayed above $10k for the longest...
In brief: Bitfinex and Tether CTO, Paolo Ardoino, has reiterated Tether is a centralized stablecoin This comes after crypto enthusiasts questions the decision to freeze $33M in USDT from the KuCoin hack Tether also froze $1M...
Quick take: In the last week, Grayscale Investments has accumulated an additional 17,100 BTC This adds to its already impressive Bitcoin holdings that are currently valued at approximately $4.8 Billion Such a large accumulation can only...
Quick take: According to Weiss Ratings, buying and holding Bitcoin is a better option than holding ETH 2017 was the first time ETH hit $300 when Bitcoin was at $1,000 ETH is still in the $300...
Quick take: Bitcoin’s weighted social sentiment on Twitter is sitting at a 2 year low BTC’s recent pullback is one reason many have turned bearish on Bitcoin However, such negative sentiment usually precedes a rally as...
Quick take: KuCoin’s risk management system detected unusual crypto withdrawal activity beginning today, 2:51 am (UTC +8) The exchange soon confirmed it was a hack KuCoin CEO, Johnny Lyu, confirmed KuCoin has an insurance fund to...
Quick take: Bitcoin is still on a path of closing Q3 in profits July 1st found Bitcoin trading at approximately $9,100 Bitcoin looks set to maintain the $10k psychological price level through tomorrows expiry of futures...