As one would expect, a change of administration in the world’s largest economy holds so much weight for emerging technologies like blockchain and cryptocurrency. A change in policies and regulations can either boost or frustrate the growth of the cryptocurrency industry. With that in mind, America’s top blockchain group, Blockchain Association, is taking no chances […]
A recent report by Glassnode shows that the morale among Bitcoin (BTC) Hodlers remained upbeat despite the recent significant market crash. The report showed that most Hodlers would not have sold even if Bitcoin experienced its worst price drop in history. Based on a chart shared by the analytics firm, most people who bought Bitcoin […]
Bitcoin’s (BTC) recent bull run above the $50k mark appears to have veered off-course, as the cryptocurrency has fallen below the highly-coveted psychological level, once again. Meanwhile, most altcoins either stalled or posted significant dips as well, while the cryptocurrency market struggles to keep its capitalization above $1.5 trillion. That said, it appears that yesterday’s […]
Reuters reported, on Monday, that Goldman Sachs Group Inc. has just reestablished its cryptocurrency trading desk, as Bitcoin (BTC) trading becomes hot again. The behemoth financial institution noted that the desk would “begin dealing bitcoin futures and non-deliverable forwards for clients from next week.” The bank also noted that the desk would take on projects […]
Following a bullish performance on Saturday, Bitcoin (BTC) has dropped sharply below the $44k level. The recent BTC decline dragged the altcoin industry along, causing the entire cryptocurrency market valuation to fall by $120 in a few hours. However, Bitcoin has rebounded to the $45k level at press time. That said, Bitcoin’s market valuation continues […]
The Dubai-based cryptocurrency investment fund, FD7, believes that the value of Cardano (ADA) and Polkadot (DOT) will surpass that of Bitcoin (BTC) in the coming years. Consequently, the firm has announced that it will offload about $750 million worth of its BTC holdings and increase its exposure in ADA and DOT. FD7 (Fall Down Seven […]
According to a recent 70-page report by Arcane Research in conjunction with Bitstamp, Bitcoin (BTC) is the future of collateral in the finance industry. The report notes that Bitcoin is very similar to the internet, considering that it is a “blank canvas” on which developers can build creatively upon in any desired way. Originally, Bitcoin […]
Key Resistance 51500 – 5300 Key Support: 44900 – 44000 Long Term View Bitcoin is a buy asset and has been for a while. Swing trades against it have been horribly wrong in the past for a few big money managers. But we are traders so this doesn´t mean we can´t profit from downside moves […]
The Reserve Bank of India’s (RBI) distaste for the cryptocurrency industry continues to grow as the apex bank recently expressed its worry about the potential impact of cryptocurrencies on the country’s economy. At the same time, members of the bank have confirmed that the RBI is planning on releasing a digital rupee. The bank has […]
