Greg King, CEO of crypto firm Osprey Funds, has revealed he believes the price of bitcoin and ether could both double this year, as BTC’s break to a new all-time high was part of a larger bull run, he says. According to Business Insider, King believes the recent sell-off in Read more…
The total market capitalization—or the combined price of all cryptocurrencies currently in circulation—has just broken above $1 trillion, CoinGecko’s data showed today. While it’s hard to say whether those are all cryptocurrencies in existence, this is another major milestone for the 6,124 digital assets that the platform tracks. “Behind this milestone Read more…
U.S. President Donald Trump signed an executive order on Tuesday banning the Alipay payment platform and seven other apps with links to the Chinese, saying the apps can access private information from their users. Separately, U.S. officials are considering banning U.S. citizens from investing in Alibaba Group, an affiliate of Read more…
The market capitalization of all cryptocurrencies has reached $1 trillion. According to data from CoinGecko, the global market cap for all cryptocurrencies is at $1.003 trillion at the time of writing. Bitcoin remains the market leader with a $676B market cap, followed by Ethereum with a $136 billion market cap. Read more…
Bitcoin prices rallied again today, breaking through the $36,000 price level as the cryptocurrency benefited from sustained momentum. Source Author: Charles Bovaird, Senior Contributor
Chainlink has been lagging behind Bitcoin and the rest of the market throughout the past few weeks This trend is coming to an end, however, as bulls have stepped up and propelled the cryptocurrency significantly higher today It still has a way to go before it sets all-time highs, but Read more…
Bill Miller said in a new investor letter that bitcoin’s performance in the past year shows promise — and more companies decide to move portions of their balance sheets to bitcoin, wider adoption could move very quickly, according to the fund manager. In his fourth-quarter Miller Value Partners investor letter, Read more…
Leahy has worked at every operational level of financial services businesses and recently got his start in the crypto world. Source Author: Aziz Abdel-Qader
The Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the bitcoin exchange-traded product BTCE saw $100 million in trade volume. Coinshares Group is a European firm dedicated to crypto-finance and exchange-traded Read more…
Hedge fund management firm One River Asset Management has emerged as a major player in the crypto space after executing one of the largest crypto asset trades in history on Coinbase. In a blog post, the crypto exchange’s head of institutional sales Brett Tejpaul says that One River teamed up Read more…
Former Federal Reserve governor and one-time Bitcoin skeptic Kevin Warsh has changed his tune on the crypto asset. Following Bitcoin’s recent surge, and changing attitudes on the regulatory side, the asset now “does make sense” in a sensible portfolio, Warsh said today. Warsh made the comment in an interview with Read more…
Ethereum has been rocketing higher throughout the past few days, with its latest round of upside kicking off after the sudden rally from the mid-$700 region to over $1,000 The crypto has now established a solid foothold within the $1,000 region, and bulls confirmed this level as support yesterday This Read more…
A new form of cryptocurrency malware has been discovered. Known as Electro RAT, the malware remained uncovered for approximately one year before researchers came across it in a new study. Electro RAT Has Remained Hidden for Some Time Electro RAT has been designed to operate on Windows, Mac and Linux Read more…
Former Fed governor Kevin Warsh believed that US dollar is losing value and this situation seems to be affecting Bitcoin in a positive way. Kevin Warsh was a governor of the Federal Reserve System during and in the aftermath of the 2008 financial crisis. In a recent interview on CNBC’s Read more…
The supply shortage for the latest generation of bitcoin miners isn’t just causing a bidding war — it’s revived the market for older models as well. According to multiple sale channels on both Telegram and WeChat seen by The Block, the volume and frequency of sale quotes for past-gen mining Read more…
Bitcoin locked on the Ethereum blockchain is worth more than ever, but Bitcoin holders have started looking elsewhere to make the most of their investments. More than $4.8 billion worth of Bitcoin is now locked on the Ethereum blockchain, a new all-time high and more than 4% of the total Read more…
The situation in the cryptocurrency market is currently as exciting as it has ever been. Bitcoin is charting new highs daily, altcoins are also starting to see some notable gains, resulting in massive growth for the entire market. For the first time ever, the market did something that not a Read more…
The last hour saw massive volatility on the cryptocurrency market, which coincided with serious tension and protest in the US Capitol. Ultimately, after a tumultuous hourly candle, Bitcoin managed to break $36,000 and chart a brand new all-time high. Bitcoin’s price saw serious volatility during the last couple of hours. Read more…
Bitcoin just passed $36,000 for the first time ever in spite of protests in Washington D.C. over the election. The cryptocurrency rapidly dropped as low as $34,000 earlier this hour amid the chaos, though now trades above the $36,000 price point. BTC is up 5.5% in the past 24 hours Read more…
Ethereum won’t be left behind in the bull run that has taken hold of the crypto market. Traders today are continuing to push the price up, taking ETH above $1,215 per coin. It’s the second most bullish candle ever recorded for the price of ETH since its all-time high of Read more…
Saxo Bank’s ADV metric nearly halved from the year’s peak set earlier in March at $11.3 billion. Source Author: Aziz Abdel-Qader
All the way up until around mid-2020, Chainlink was the hottest crypto token around. But once Bitcoin broke above $10,000 months ago, the altcoin’s uptrend against the top cryptocurrency was broken. Following a full 50% retrace of the rally against BTC, Chainlink is now “ready to continue,” according to one Read more…
Jack Dorsey, the CEO of both Square and Twitter, isn’t a fan of any incoming cryptocurrency regulations. Jack Dorsey Isn’t in Favor of New Crypto Rules This makes sense considering Square, one of his firms, recently purchased roughly $50 million in bitcoin a few months ago to become one of Read more…
The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did not amount to a security offering. Token Value Read more…
While IG is authorised by the FSCA to provide execution only services, its South Africa’s CFDs products are not regulated. Source Author: Aziz Abdel-Qader
Dfinity, the blockchain tech startup that’s raised $195 million for its blockchain-based computing network, has announced that a crucial part of its system has now launched. The company is backed by the likes of Andreessen Horowitz and Polychain Capital, and aims to compete with cloud computing systems like Amazon Web Read more…
2021 will be the year of institutionalization, says Wayne Trench, chief executive officer at OSL. The institutionalization has already started in 2020 but of course, it is just the beginning and as legendary investor Bill Miller says, as “more companies decide to diversify some small portion of their cash balances Read more…
The lead investor in Ripple’s $200 million Series C funding has filed a lawsuit in Delaware Chancery Court, Bloomberg reports. The company is asking to “enforce its contractual right to require Ripple to redeem” Series C preferred stock. The lawsuit is coming weeks after the SEC sued Ripple for selling Read more…
The world’s largest slot machines’ maker, International Game Technology Plc, is looking at offering cryptocurrency as a payment option on its casino games like Wheel of Fortune and Megabucks. It has been only last year that the Nevada Gaming Commission made it easier for casinos to introduce cashless systems and Read more…
The price of ether (ETH) surpassed $1,200 on Coinbase Pro on Wednesday afternoon. On January 3rd, ETH price had just eclipsed $900, surpassing market highs last seen in February 2018. TradingView data shows the price of ETH at $1,210.96 at the time of writing — the highest point since January Read more…