Bitcoin Gets into Mainstream, Futures Trading Rises
Bitcoin (BTC) and its unprecedented price rally resulting in an all-time high value of around $20,000 in January 2018, undoubtedly caught the public’s attention. Despite losing around 80 percent of its price afterward, 2018 was the year which saw the blockchain industry boom in a lot of different verticals. 2018 – A Year of Diversity […]
Crypto Markets Trade Flat Following Christmas Eve Dump
Earlier this week, the crypto markets rose slightly and were able to regain much of their recent losses. This relatively small pump got many investors who viewed it as the “Christmas rally” excited for what was to come, although the bears pushed the markets back down on December 24th. Following this drop, the overall markets […]
Coinbase CEO: Crypto in VR is the Next Big Application of Blockchain
Either it will be the best thing the crypto world will ever experience or a farce in the name of the best thing the world will ever experience. That’s pretty much the discussion around virtual reality (VR), a technology which allows humans beings to experience an immersive illusion of being somewhere else. Many Hollywood blockbusters, […]
McAfee Unfazed After SEC Says Promoting ICO Without Disclosing Pay is Fraud
The impassioned crypto community on Twitter, specifically prominent commentators and analysts, took up arms over the weekend, as the U.S. Securities and Exchange Commission (SEC)’s indictment of DJ Khaled and Floyd Mayweather became an industry flavor of the month. But why? SEC Fines DJ Khaled, Floyd Mayweather In ICO Ruling Per previous reports from NewsBTC, last week, […]
Barry Silbert: Bitcoin Cash Fork Is a Distraction, Confusing for New Investors
Barry Silbert, founder of Digital Currency Group, has weighed in on the current state of the cryptocurrency industry. Amongst other topics, the early Bitcoin investor and proponent commented on the recent Bitcoin Cash hard fork. Silbert: BCH Fork Was a “Disservice” to the Industry One of cryptocurrency’s early proponents and the founder of blockchain startup […]
Peter Thiel Invest in Crypto Platform Layer1
Crypto investment and infrastructure platform Layer1 announced today the closing of $2.1 Million in Seed Funding backed by world-class investors, including Peter Thiel, Digital Currency Group, Jeffrey Tarrant, and more. Layer1 takes concentrated bets on promising blockchain protocols and builds critical technology to support their global impact. Layer1’s prominent investors affirm this approach with their […]
Unabashed Bitcoin Bull Thomas Lee Says the Market Is Wrong
Back in May, Thomas Lee, head of research at Fundstrat Global Advisors was predicting a rally to $25,000 by the end of the year. And despite things not playing quite in his favor — the cryptocurrency is currently trading below $3,400 — he’s sticking to his guns. Bitcoin’s fair value, given the number of active […]
Mike Novogratz Explains Why He’s Still All-In on Crypto
No one on Wall Street embraced cryptocurrencies with as much gusto as legendary trader Mike Novogratz. After Jamie Dimon called Bitcoin a “fraud”in September 2017, Novo, as he’s known, predicted, correctly, it would hit $10,000 and keep climbing. The former hedge fund manager and Goldman Sachs Group Inc. partner became an unlikely hero of the […]
Bitcoin Falls as Technical Indicators Point to More Pain in 2019
Bitcoin is turning negative again. And the technicals aren’t looking too good either going into 2019. The largest cryptocurrency slumped as much as 5.9 percent to $3,668.09 on Wednesday, approaching the more than one-year low of $3,522.58 reached on Nov. 26. After a few days of relative stability, volatility has increased again in the wake […]
Nasdaq Will List Bitcoin Futures From Next Year
The cryptocurrency will hit the New York-based exchange’s boards in the early part of next year, subject to the nod of approval from the Commodity Futures Trading Commission (CFTC). The move will mark a step change in how the decade-old crypto accelerates acceptance and mass adoption throughout the world. Joseph Christinat, Vice President of Nasdaq’s […]
Digital Currency Exchange HBUS to Launch a Billboard Campaign In The U.S.
HBUS, the exclusive U.S. partner of Huobi, the world’s leading digital asset solutions provider, today announced the unveiling of their “Evolved Crypto Trading” billboard campaign. The billboard is located on the busy San Francisco corridor of 3rd Street, between Mission Street and Market Street in downtown San Francisco. As part of the campaign, HBUS will […]
Coinbase Launches Trading Desk For Institutional Investors
OTC, or over-the-counter, trading occurs between two parties directly ー as opposed to over an exchange ー typically between an investment bank and its clients. “We launched our OTC business as a complement to our exchange business because we found a lot of institutions were using OTC as an on-ramp for crypto trading,” said Christine […]
Mike Novogratz’s Crypto Trading Desk Lost $136 Million in Nine Months
The bad year for traders at Mike Novogratz’s cryptocurrency merchant bank got even worse in the third quarter — and that was before the market fell out of bed this month. Net realized and unrealized losses on digital assets at Galaxy Digital Holdings LP’s trading operation totaled about $41 million in the third quarter, bringing […]
UAE Government to Strengthen Global Position in AI, Blockchain Technologies
The Second UAE Government Annual Meetings, held in Abu Dhabi, witnessed the launch of two national initiatives aimed at reinforcing the artificial intelligence, AI, and Blockchain sector to strengthen the UAE leading position globally. During the meeting held by the AI and Blockchain Joint Working Group, attendees tackled the appropriate mechanisms to attract foreign investment, […]
Bitcoin Gets a Thumbs Up From New York Stock Exchange’s Chairman
Bitcoin has plunged in price in the past year, but the CEO of one of the world’s biggest exchange operators isn’t deterred from entering the space. Jeffrey Sprecher, CEO of IntercontinentalExchange (ticker: ICE) and chairman of the New York Stock Exchange, spoke enthusiastically about cryptocurrencies at the Consensus Invest conference in New York on Tuesday. […]
Crypto Exchange Bitstamp Chooses Irisium’s Market Monitoring Platform
Irisium Ltd, a leading provider of market monitoring and analytics software for exchanges, regulators, buy-side and sell-side firms, and Bitstamp, the largest cryptocurrency exchange by trading volume in Europe, today announced a partnership to implement the Irisium monitoring platform on Bitstamp’s exchange. Irisium’s state of the art holistic monitoring technology will complement Bitstamp’s commitment to […]
Napston Launches 100% Automated Cryptocurrency Trading Platform based on Proprietary Distributed Artificial Neural Networks Technology
Cryptocurrency trading is all set to become safe and profitable like never before, with the recent launch of a fully automated crypto trading platform by Napston. This groundbreaking trading platform is based on a proprietary technology called Distributed Artificial Neural Networks that has been programmed to accurately predict the market by utilizing the processing power […]
Bitcoin Will Fall 30% Before Bottoming at $3,000
Bitcoin shares could bleed another 30 percent before they bottom, cryptocurrency trader Michael Moro told CNBC on Friday. “You really won’t find [the floor] until you kind of hit the 3K-flat level,” the Genesis Trading & Genesis Capital Trading chief said on “Squawk on the Street.” “It’s really difficult. There are small levels of resistance,” […]
