The last three months in the United Kingdom’s bitcoin market has been no less than amazing, indicated Skew. The London-based data analytics portal revealed that the region developed a strong bitcoin trading traffic in the last 120 days. It shared a graph across its social media channels, reflecting upon the growing presence of traders in…
Individual investors have long struggled to predict movements in any market. While there are some talented investment geniuses out there, like Warren “Oracle of Omaha” Buffet, common Joes and Jills (and even some Wall Streeters) by and large struggle with determining where the stock market, let alone crypto assets, like Bitcoin (BTC), could head next.…
Bitcoin price declined sharply below the $3,750 support and tested $3,650 against the US Dollar. The price bounced back from the $3,653 low and broke the key $3,750 resistance. There was a break above a major bearish trend line with resistance at $3,785 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Although Bitcoin has been caught in a persisting bear market for well over a year, multiple major tech gurus and visionaries from some of the largest companies in the world – including Apple, Tesla, and Twitter – have lauded the cryptocurrency in recent times, signaling that Bitcoin and crypto in general may soon become the focus…
Bitcoin price (BTC) has fallen over 80% from its all-time high of $20,000 over the past 14 months, and has struggled to regain any bullish momentum it once had. While many expected Bitcoin to bottom at the seemingly unbreakable support at $6,000, the leading cryptocurrency by market cap fell through to find its local bottom…
The London Stock Exchange (LSEG) has led a $20 million funding round for London-based Nivura, a blockchain startup primarily known for issuing the world’s first automated crypto bond. Nivaura is a digital platform which utilizes the blockchain technology to automate the issuance of bonds, derivatives, and equities. The process eliminates the need for human…
As Bitcoin (BTC) struggled in late-2018, headlines plastered on the world’s largest business news outlets accentuated that the cryptocurrency space lost hundreds of billions in value. While many cynics argue that this collapse was catalyzed by a similar decline in underlying fundamentals, pundits argue that by many measures, the crypto and blockchain space is just…
The CEO of multinational investment bank JP Morgan Chase, Jamie Dimon, has stated that the newly-announced, not-so-crypto JPM Coin might one day be used by consumers. The digital asset currently being trialled by the institution and its partners will be pegged to the value of the dollar, thus offering little to no innovation. Dimon has…
Julius Baer announced today that it would offer crypto services to its clients all across the world. Switzerland’s third-largest banking giant partnered with a Zug-based startup SEBA Crypto to take advantage of their institutional-grade digital assets solution. The bank said in a press release that the partnership with SEBA would allow them to offer its clients digital…
The long awaited Nasdaq Bitcoin and Ethereum indexes lifted off the launch pad this week signaling another giant step towards mainstream acceptance and adoption. Bitcoin and Ethereum Indexes Added The stock exchange is expanded its global data service on Monday to include Bitcoin and Ethereum. In an official announcement earlier this month it stated that…