A monthly report published by exchange platform SFOX (San Francisco Open Exchange) identifies an air of uncertainty within the industry about cryptocurrency’s place in the future of finance. With both bullish and bearish news events occurring over the last month, the price still appears to be in limbo around the $10,000 mark. Conflicting Signals Leave…
Bitcoin has incurred some upwards momentum today after facing growing selling pressure around $10,000. BTC’s ability to hold above this price level may be a bullish sign, as it signals that bears do not currently have enough strength to send the crypto back to its next major support level in the lower-$9,000 region. This bullish…
As part of a sponsorship deal, the kits of the UK Premier League football club Watford FC will now be adorned with the iconic Bitcoin “B” logo. The announcement comes following a three-year partnership between the team and Bitcoin sports betting platform Sportsbet.io. The company claims the move is part of a public awareness campaign.…
The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency. ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets: “No member state can introduce its own currency…The currency of the euro zone is the euro.” Many observers theorize that Draghi’s response is led by a…
The world’s largest crypto exchange will be opening its US platform across most of the country next week. It has announced the listing of six crypto assets for trading but conspicuously missing from that list is its own Binance Coin. Binance.US Opens Next Week Binance stated that its US platform will be open for registration…
A UK artist has announced that he has sold a collection of 19 paints for a total of 490 Bitcoin. The price fetched for the collection at the time of writing is just less than $4.9 million. Lincoln Townley, the creator of the collection, has a history of selling his artworks for Bitcoin. In fact,…
Tomorrow, Binance will close trading and deposits for US-based crypto investors and traders, cutting off access to much of the altcoin market. And while that’s likely a positive thing for crypto investors who have been burned by altcoin assets in the past, there are a number of alternatives US-based traders can visit to get a…
Bitcoin price has been chopping back and forth, up and down, since this past June when its parabolic rally was stopped short of retesting its previous all-time high. While bears have repeatedly failed to push Bitcoin price through critical support, the crypto asset has been clearly locked in a downtrend for the last three months.…
The hot potato in the world of crypto at the moment is decentralized finance. Satoshi’s original notion of cutting out the bankers is now possible in this new world of digital assets and DeFi protocols. The industry is still embryonic but some of the bigger names in the world of crypto and finance are finally…
Back in June, the world’s most popular crypto exchange, Binance, announced that it would soon be blocking US-based investors from its platform, in order to comply with global regulations. The deadline for US-based investors to cease trading and using Binance is less than 48 hours away. Here is everything crypto investors and traders need to…