Cryptocurrency Analysis and News Portal
It was recently revealed that the US Commodity Futures and Trade Commission was beginning a month long investigation of the BitMEX crypto exchange over its high leverage Bitcoin trading options and the legality of allowing US citizens to access the platform.Bitcoin Trading Down on BitMEXBloomberg originally broke the story that
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The Joint Industry Committee for Web Standards (JICWEBS) – which is owned by UK’s advertisers, agencies and media owners to enhance the efficiency, transparency, and independence of media companies – has recently announced a pilot program using a distributed ledger technology (DLT).Nestlé, McDonald’s and Virgin Media have joined the JICWEBS’
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Jamie Dimon, the CEO of J.P. Morgan Chase, recently stated, “To put it in perspective, we’ve been talking about blockchain for seven years and very little has happened.” This negative publicity has made some people skeptical of what blockchain could do for the common people. The podium is soon taken away
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News from the U.S. Attorney’s Office for the Western District of Washington revealed in a press release on July 16 that a former employee of Microsoft is currently awaiting trial after being accused of mail fraud for scheme to steal virtual assets like gift cards worth over $10 million.The accused,
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Bitcoin Bulls Ready to RunBitcoin (BTC) bulls are poised to break out of the gates.As noted by prominent analyst Joe McCann, the one-day Moving Average Convergence Divergence (MACD), an indicator meant to determine momentum and trends, is about to see a bullish crossover on Bitcoin’s one-day chart. This will see
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Bitcoin Dominance Losing SteamDespite the fact that Bitcoin is the leading crypto, altcoins, as non-BTC digital assets are known, were all the rage in late-2017 and early-2018. In fact, over the course of the bull run from 2016 to early-2018, Bitcoin dominance fell from over 90% to 33% at the
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Bitcoin (BTC) outflows on major crypto exchange BitMEX have notably exceeded the inflows after the firm was reported to be a subject in a regulatory investigation.Bitcoin outflows on BitMEX exceeded inflows by $73 millionOver the past 24 hours, BitMEX saw an outflow of $83 million worth of Bitcoin, while
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Bitcoin is “Property” Under Chinese LawBoom, Bitcoin (BTC) has just seen a watershed moment in China. Despite the fact that the nation’s regulators turned on cryptocurrency, enforcing heavy regulations about digital asset trading, events, and certain forums/social media accounts, a court in China purportedly confirmed that BTC is legally protected
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July 20 — Bitcoin (BTC) has retaken the $11,000 price point on the heels of a turbulent week.Charts Courtesy of Coin360.comJuly 20 — Bitcoin (BTC) has retaken the $11,000 price point on the heels of a turbulent week. Charts Courtesy of Coin360.comAfter a bull market at the end of June
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Brian Armstrong, CEO of major American crypto exchange and wallet service Coinbase, believes that the firm will be less about trading and more about adoption five years from now.Armstrong wants the firm to connect people in crypto industry In an AMA session on July 19, Armstrong presented his vision of
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