Cryptocurrency Analysis and News Portal
While history never repeats, history often rhymes for the Bitcoin market.Each of the asset’s market cycles seems to have periods of eerily familiar price action, marked by common chart formations and technical signals that appear time and time again. This allows analysts to predict what comes next by looking at
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Quicken Loans is planning an IPO. The mortgage lender is cashing out ahead of what could be years of low interest rates. A hot U.S. housing market looks to be on borrowed time as federal protections expire at the end of July. It turns out Quicken Loans wants an initial public offering (IPO).
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Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new
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A blockchain-centric art project is pushing the boundaries of modern art with a controversial digital display. The DADA Art Collective, a loosely affiliated group of roughly a dozen visual artists across the globe, teamed up with the non-fungible token (NFT) marketplaces OpenSea and Mintbase plus the file-storage blockchain Arweave to publish
Read MoreAlternative investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Bitcoin Fund in line with regulation. The registration reads:"The Shares will provide investors with exposure to bitcoin in a manner that is accessible and cost-efficient without
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While fears of a “great monetary inflation” have driven the recent bitcoin narrative, other aspects like censorship resistance and peaceful protest matter just as much. Today’s main topic: Why inflation isn’t the only bitcoin narrative that matters.When bitcoin’s halving coincided with the most aggressive central bank policy of all time, it
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Godfall was officially “revealed” during the PS5 event yesterday. It was also the first game that was confirmed for Sony’s next-gen console. Godfall looked bland and boring when its gameplay footage leaked, and it still looks awful five months later. Thursday’s PlayStation 5 (PS5) reveal had a lot of high points. Godfall was
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On June 11, South Korean experts stated through local media that cryptocurrencies are a “poor choice” of safe-haven assets during the COVID-19 pandemic.According to The Scoop, Professor Hong Ki-hoon of Hongik University stated that crypto-assets like Bitcoin (BTC) should not be considered as “safe-haven assets,” at the level of Gold,
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In the latest blow to the embattled Canadian cryptocurrency exchange Coinsquare, reports are accusing the platform’s top executive of orchestrating a wash-trading scheme in clear violation of securities law.Wash-trading refers to an exchange artificially inflating its trade volume through executing larger zero-fee market trades into their own orders, creating the
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In an interview with the Center for Natural and Artificial Intelligence, Forbes Inc chairman Steve Forbes weighed in on cryptocurrency and the future of money.Forbes described cryptocurrencies as a “high-tech cry for help” borne from “the instability of government-printed money today.”Crypto too volatile for currencyForbes criticized the volatility of crypto
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