The notional value of Bitcoin options contracts set to expire tomorrow has reached a new record by exceeding $1 billion. With such a massive amount, the question remains how and if it will impact the price of the primary cryptocurrency. BTC Option Contracts To The Moon As CryptoPotato reported shortly after the mid-March Read more…
Bitcoin is trading inside a tight range with its 10-day realized volatility dropping to a year-to-date low of 30 percent. Several analysts point to a lackluster sentiment in the market as Bitcoin repeatedly fails to continue its uptrend beyond $10,000. A period of low volatility mostly ends up in a Read more…
There is certainly no shortage of Bitcoin critics. And of course, some of these critics are highly respected economists and other financial professionals. But Steve Hanke is a different type of crypto critic. He says Bitcoin is a crazy investment, but also believes that blockchain can be implemented to create reliable and Read more…
PayPal is reportedly going to allow users to buy Bitcoin directly on its payment platform Analysts think PayPal’s move can be an important step toward mass adoption The news triggers a price move for Bitcoin but failed to break past $9,800 Speculations arise after PayPal is rumored to support Bitcoin within Read more…
There is a hard cap of 21 million Bitcoin that can be mined, with the final coins being minted in around 2140. Once the circulating supply reaches its maximum, Bitcoin miners will no longer receive block rewards. They will instead be rewarded with transaction fees, assuming there are no major Read more…
The digital race is heating up ‘Crypto Mom’ could be at the helm of the SEC During his recent interview with CNBC’s Kelly Evans, Galaxy Digital CEO Mike Novogratz, has once again predicted that the price of Bitcoin is going to hit $20,000 after taking out the hard-to-crack $10,000 level. It will surprise Read more…
Bitcoin ATM company LibertyX has partnered with 7-Eleven, CVS, and Rite Aid. The deal enables LibertyX app users to pay for Bitcoin purchases in cash at 20,000 participating locations across the US. Most fees are waived for now, but you’ll have to join a waitlist to use the service. Bitcoin ATM Read more…
Compound (COMP), the governance token of the eponymous Ethereum-based lending platform, has monumentally crashed about 40 percent over 24 hours, according to data provided by trading terminal Cryptowatch. While commenting on this fall from grace, RT host and influential crypto proponent Max Keiser noted the only purpose of altcoins was to take Read more…
Honeywell says that its newly-launched quantum computer is the most powerful in the world. The machine has achieved a quantum volume score of 64—twice as powerful as rivals from IBM and Google. Quantum computers could theoretically be used to attack Bitcoin, although the crypto industry is preparing defenses. North Carolina-based Read more…
Nassim Taleb, author of “Skin in the Game,” got into a small Twitter feud in which he explained that most investors can’t understand the nuances of a cryptocurrency like Bitcoin. According to a tweet posted by Nassim Taleb on June 21, Bitcoin (BTC) is a good idea but “almost all bitcoiners are Read more…