Cryptocurrency Analysis and News Portal
In what seems like a coordinated conspiracy or a “Deja Vous” case of coincidence, reports indicate that about 60% of the Bitcoins in circulation haven’t left the wallets this year. Sources report that cryptocurrency analyst Rhythm let the cat out of the bag when statistics were released via a Twitter
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According to the report, HSBC intends to move its current paper-based records onto its Digital Vault platform by March 2020, allowing investors to track securities in real-time. The U.K.-based bank will specifically digitize its private placement records, allowing investors to quickly check on holdings. Source
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Many crypto enthusiasts are placing ultra bearish forecasts on Twitter. The stock to flow model suggests that the move down is out of the norm. There’s a strong possibility that bitcoin trades above $10,000 before 2019 expires. In the last few days, bitcoin has been the subject of bearish calls. Many are calling
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Fidelity Digital Assets expects to sign its first crypto exchange partner by year-end, giving clients access to a broader pool of liquidity. Source
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The Bitcoin Rich List, or the number of addresses holding more than 1,000 BTC, has grown in the past 12 months, possibly reflecting an influx of high-net-worth investors. The metric has registered growth of 30 percent since September 2018,
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SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the year.Japanese financial services giant SBI Holdings released its new financial report on Oct. 30. The report analyzed
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A zoomed out version of the bitcoin chart shows it would take the cryptocurrency another 365 days to achieve a full-fledged upside breakout.Brought to notice by Teddy Cleps, a prominent cryptocurrency analyst, the weekly Bitcoin chart shows the possibility of it forming a massive bullish pennant. In retrospective, a Pennant
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Former Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo, who had parted ways with the regulator this summer, has stated that he expects 2019 to be the year when regulators may start considering some response to cryptocurrencies.Giancarlo voiced his opinion during an interview with industry news outlet The Block
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2020 will be the year proof-of-stake (PoS) blockchains finally break out. Maybe. Two of the industry’s most hotly anticipated PoS networks are scheduled to (re)launch in Q1 – namely ethereum and Cardano. The second largest blockchain platform in the world
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Wanxiang Blockchain Labs, a non-profit research institution focusing on blockchain technology, has announced the return of its annual Global Blockchain Summit and Shanghai International Blockchain Week for the fifth year running, from September 16-18. Hosted in the W Shanghai – The Bund, the event brings together technological experts, academics,
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