OTC is Much Larger Than Bitcoin Exchange Volume: Where Real Whales Trade

Advertisement TABB Group, an international research company, has disclosed in its extensive analytical report that the over-the-counter (OTC) market of bitcoin is significantly larger than the global bitcoin exchange market. OTC Versus Exchanges: Whales Against Retail Traders For many years, the majority of bitcoin analysts predicted billions of dollars to be traded on a regular […]

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Crypto Daily News: NFL Strikes Crypto Deal; Bitcoin (BTC) Drops Below $8,000

In today’s edition of Crypto Daily News, we’ll cover the NFL’s latest deal in crypto, Thomson Reuters’ partnership with Crypto Compare, and Bitcoin (BTC) dropping below $8,000. Crypto Daily News: July 31st, 2018 NFLPA Strikes Crypto Deal Announced this morning, the National Football League Players Association (NFLPA) plans to encourage its members to provide commentary, […]

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Bitcoin Price Intraday Analysis: BTC/USD Shows No Bullish Action

Advertisement No longer after we published our analysis on July 30th, 2018, the Bitcoin price against the USD started to slip heavily owing to overlong sideways action. In the past 24 hours. The BTC/USD pair has dropped over 5%, summing-up the overall 9% drop since the July’s high at 8512-fiat. Nevertheless, our intrarange strategy played […]

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Online Bank Swissquote Shows Surge in Profits Because of the “Crypto Boom”

Online bank Swissquote opened its banking doors to accommodate Bitcoin trading accounts for its clients in July of 2017. It was thought to be the first European online bank to do this. A year on, and Swissquote has revealed the fruits of its labor for adopting the cryptocurrency with a 44% surge in profits attributed to the […]

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BBVA Can’t Hold Cryptocurrency – And That’s a Problem

After becoming the first financial institution to combine public and private blockchains in a live transaction, Spanish multinational bank BBVA has hit something of a quandary. Specifically, it’s unsure how to take its forward-thinking work … forward. In the process of executing what was expected to be the third in a series of blockchain-based corporate […]

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Bitcoin Drops to $7,800 But Rebounds Instantly to $8,150, Tokens Suffer

Advertisement On July 31, the price of bitcoin fell by 4 percent, from $8,150 to $7,800, as both major cryptocurrencies and small market cap tokens plummeted in value. Within hours after its 4 percent drop, the price of bitcoin rebounded from $7,800 to $8,150, demonstrating an instantaneous recovery from its relatively large drop. However, other […]

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Bitcoin’s Second-Ever Developer Is Back (With a Big Vision for Crypto)

There are early adopters, then there are early early adopters. Revealed exclusively to CoinDesk, the first coder to work alongside bitcoin’s pseudonymous creator Satoshi Nakamoto, Martti ‘Sirius’ Malmi, is joining a team of developers launching a new cryptocurrency called AXE. The project, which is combining Malmi’s Identifi online reputation system with decentralized database system GUN, is […]

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Tom Lee: Bitcoin Price Recovering from Winklevoss ETF Rejection a Positive Sign

Advertisement Fundstrat founder Thomas Lee, better known to the cryptocurrency community as Tom Lee, has expressed his enthusiasm towards the swift recovery of the bitcoin price from its drop in the past week. Recovery From Winklevoss Bitcoin ETF Rejection is Important On July 27, upon the rejection of the Winklevoss bitcoin ETF by the U.S. […]

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IBM Blockchain Platform Targets Banks and Financial Institutions

The IBM blockchain platform aimed at financial services was launched today, according to a CNBC news report. IBM currently holds several blockchain-based patents and is working on several different projects with Distributed Ledger technology. IBM Paves the Way When cryptocurrency began its ramp up back in mid-2017, several banks around the world started eyeing blockchain technology to see […]

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Kim Kardashian West Promotes Bitcoin (BTC) at Charity Event

Kim Kardashian promotes Bitcoin: Reality television star Kim Kardashian-West announced to her 114 million Instagram (IG) followers that she staked a physical Bitcoin (BTC) in a charity poker event in LA last night. West’s sisters, Kendall Jenner and Khloe Kardashian, along with their mother Kris Jenner, hosted a table at yesterday’s ‘If Only’ Texas Hold’Em Charity Poker […]

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CEO of Fatfish Internet: Crypto ETF Coming Soon, Despite Recent Rejections

There are numerous people and groups in the crypto industry that want a crypto ETF. The Gemini exchange is one, and BitWise is another. Over the weekend, the CEO of Fatfish Internet Group joined the conversation. But is there a crypto ETF coming soon, or is this false hope? After all, the SEC has a different opinion. […]

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This Cryptocurrency Hedge Fund Has a Lifetime Return of 10,136%

Advertisement Midway through 2013, when the bitcoin price was trading at $104, cryptocurrency hedge fund Pantera Capital published an investor letter that made what at the time seemed to be a moonshot prediction: The bitcoin price, the firm said, will one day hit $5,000. Five years on, a $5,000 bitcoin price target is considered bearish, […]

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Litecoin Founder Charlie Lee Confirms LTC Support for HTC Blockchain Phone

Advertisement HTC Corporation has announced that Litecoin co-founder, Charlie Lee, will serve as an advisor to HTC Exodus, the native blockchain smartphone developed by the Taiwanese consumer electronics firm. One small step for @SatoshiLite. One giant leap for blockchain. Team @HTCExodus, @philchen913 @htc are honored to have Charlie Lee to join as our advisor. cc […]

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Crypto Market Rebounds, Bithumb Drives Kimchi Premium Up 50%

Advertisement Bithumb, formerly the biggest crypto exchange in South Korea, has driven the Kimchi Premium up 30 percent on major tokens, inflating the price of cryptocurrencies. Bithumb, the Bad Actor On June 20, as CCN reported, Bithumb was hacked for $40 million. The Financial Services Commission (FSC) and Korea Financial Intelligence Unit (KFIU) were involved […]

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Monero-Style Privacy Is Ready for Ethereum – Who Will Implement It?

What if ethereum looked more like monero? Fusing the privacy features of the latter into ethereum would make many of the platform’s stakeholders, including developers who have been working on privacy-enhancing features for some time, excited. But privacy techniques are rarely utilized because of the serious trade-offs presented – such as larger storage requirements and […]

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Four Catalysts Driving Bitcoin Higher, According to Spencer Bogart

Bitcoin has had quite the year. It hasn’t all been good, with the digital currency dropping below the $6,000 price mark at the end of June. But recently Bitcoin has redeemed itself, witnessing strong gains over the last week. So that brings up the question of whether there are catalysts driving Bitcoin higher. If not […]

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