Archive | July 14, 2018

Billionaire Investor Says Crypto Will Revive Hedge Funds

Billionaire Steven Cohen has backed a hedge fund targeted at crypto assets and blockchain-based companies by investing in it. This supports claims made by an employee at Morgan Stanley that cryptocurrency trading will be a ‘shot of adrenaline’ for hedge funds. Move Towards Crypto Hedge Funds Cohen Private Ventures made an investment into crypto hedge… […]

Bitcoin Price Weekly Analysis: BTC/USD’s Triangle Break Near – newsBTC

newsBTCBitcoin Price Weekly Analysis: BTC/USD’s Triangle Break NearnewsBTCThis past week, there was a sharp downward move from well above $6,750 in bitcoin price against the US Dollar. The BTC/USD pair topped near the $6,840 level and declined below the $6,450 support area. The drop was such that the price settled below …Bitcoin Price Analysis: Will BTC […]

Bitcoin Price Weekly Analysis: BTC/USD’s Triangle Break Near

Key Points Bitcoin price formed a decent support near $6,050 and recovered against the US Dollar. There is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is facing many hurdles on the upside near the $6,300 and $6,450 levels. Bitcoin price… […]

Lack of Bitcoin-Based ETFs Challenges Cryptocurrency Investment Markets – Bitcoinist

BitcoinistLack of Bitcoin-Based ETFs Challenges Cryptocurrency Investment MarketsBitcoinistThough CBOE and CME Group launched bitcoin-based futures in December 2017, and the SEC has approved seven blockchain-based ETFs so far in 2018, the bitcoin or cryptocurrency-based ETF is still the holy grail of the market. Some believe an …Where Do Bitcoins Go When They’re Lost?HackedBitcoin Funds Are Rare: […]

Ethereum Price Weekly Analysis: What’s Next for ETH/USD?

Key Highlights ETH price remains in a bearish trend below the $450 resistance area against the US Dollar. There is a declining channel formed with current resistance at $439 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is facing many resistances on the upside such as $439, $455 and the 100… […]

Crypto Week In Review: Bancor Hack, Coinbase Add Tokens, Price Drop

Despite seeing bearish price action, with the market moving down by 10%, the past week was still rife with news about cryptocurrency exchanges. This Week’s News Headlines Hedge Fund Investor Takes Step Into An Unfamiliar Space Steven Cohen, a well-known hedge fund manager, recently made an investment into Autonomous Partners, a new hedge fund that… […]

Bitcoin Cash Price Weekly Analysis: Can BCH/USD Break This?

Key Points Bitcoin cash price tested the $650-660 support area and recovered against the US Dollar. There is a crucial bearish trend line in place with resistance at $710 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to move above the trend line, $710 and $730 resistances to… […]

Bitcoin-backed ETF’s on SEC radar again

Speculation that the regulator might be coming close to approving Bitcoin-backed ETFs is high as the agency asks for public comment on another application for a Bitcoin-backed ETF

Where Do Bitcoins Go When They’re Lost? – Hacked

HackedWhere Do Bitcoins Go When They’re Lost?HackedAlthough it could conceivably happen with any cryptocurrency, the conundrum of lost Bitcoins is the most common because of its market dominance and stratospheric rise in prices. Having been around since 2009, there has been a lot of time for people to …Bitcoin Funds Are Rare: They Sail Uncharted WatersNew […]

Bitcoin Price Watch: Currency Remains at $6,200

At press time, the number one cryptocurrency in the world remains at $6,200. The coin has stayed in this position for more than 24 hours, giving us plausible evidence that perhaps things are beginning to settle… Unfortunately, one source is suggesting that another fall to $6,000 – or perhaps even less – may occur in […]

The United Nations’ Secretary-General Has Blockchain Firmly on the Agenda

The United Nations has put together a panel of 20 experts in order to investigate how blockchain can impact global economics. The panel was initiated by The United Nations’ (UN) Secretary-General António Guterres. The group which comprises of 20 figures from major sectors including industry and academia will examine digital technologies in general with a […]

The Ledger: Satoshi Wannabes, Bitcoin’s Role in Russian Election Interference, Vitalik Clapping – Fortune

FortuneThe Ledger: Satoshi Wannabes, Bitcoin’s Role in Russian Election Interference, Vitalik ClappingFortuneSatoshi Nakamoto tweeted at me last week. The previous week, the same person had emailed me, as he—or she, or they—has been doing since April, claiming to be the creator of Bitcoin and describing a forthcoming book that would supposedly “explain …and more »

One Guy Controls the Lightning Network’s Biggest Node

BTC supporters were elated to discover recently that the Lightning Network’s (LN) capacity had spiked by 216 percent in just one day. Some individuals suspected the Build on Bitcoin conference had sparked more LN interest. However, onlookers have found the spike was due to a single node created by the owner of Shitcoin.com. According to […]

Can Blockchain Impact the Future of Real Estate?

With increasing reports of both Bitcoin and Ethereum being used to purchase property, it appears that digital currency is finding its place in the Real estate sector. Although a recent Bitcoin News report illustrates that some banks are not prepared to allow customers to use mortgage equity to purchase cryptocurrencies, it is clear that real […]