A year after removing Bitcoin SV from its exchange in April 2019 and the mining pool operated by leading crypto exchange Binance now produces more blocks than anyone else. According to crypto statistics and services platform Coin Dance, Binance Pool is the largest miner of Bitcoin Satoshi’s Vision (BSV) blocks as Read more…
More than 100,000 Bitcoin options will expire before the end of June. The expirations reflect the massive highs in open interest in recent weeks. Futures contracts have historically had little effect on Bitcoin’s price. The future of Bitcoin is anything but certain. For a number of investors, however, the future is now. Read more…
Jerome Powell saves the day The bulls have to work harder The Bitcoin price has experienced a swift recovery along with the U.S. stock market after the Federal Reserve made an announcement about buying individual corporate bonds (on top of ETFs). The price of the top cryptocurrency surged to an intraday high of $9,459 Read more…
Bearish moves for stocks appear in line with rumors of an incoming crash, with Bitcoin hitting its lowest levels in almost 3 weeks. Bitcoin (BTC) dropped below $9,000 on June 15 as a new week produced fresh selling pressure across macro assets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price tests Read more…
Bitcoin has faced down many setbacks over recent years. BTC trading has been banned by the Chinese government. Executives from Goldman Sachs and other institutions have come out against the cryptocurrency. And there still is a broad sense of mystery that surrounds Bitcoin and cryptocurrencies in the public, thus limiting adoption. Yet there remain Read more…
Bitcoin is likely to soar 100X or 1,000X in the long term’ ‘Macro changes to become visible by the end of 2020’ Binance CZ made an ultra-bullish bet that in the long term Bitcoin may skyrocket to $100,000 or $1,000,000 or maybe even more. However, CZ found it hard to Read more…
The US stock market closed the day with its worst performance in a single day since the March crash. Bitcoin has currently lost 5 percent of its price in the past 24 hours. This crash could be the result of concerns over a second wave of COVID-19, as the total Read more…
The last stand of Bitcoin bulls A bearish daily close In a recent tweet, ex-Wall Streeter and cryptocurrency trader Tone Vays has opined that Bitcoin could touch $10,000 once again if it manages to break above a major resistance level. However, the top cryptocurrency is still likely to experience more downside Read more…
Hackers move $4 million of stolen Bitcoin from the 2016 Bitfinex hack into unknown wallets. In August 2016, hackers stole approximately 120,900 from Bitfinex. Some traders fear that the hackers might dump the Bitcoin on the market, which could result in the Bitcoin price collapsing. Hackers have moved millions of Read more…
Binance has launched quarterly futures contracts. This marks its latest expansion into the derivatives market. Binance has quickly gained market share. Crypto exchange Binance today launched quarterly Bitcoin futures. The addition marks Binance’s latest expansion into the crypto-derivatives market, an area in which the firm is quickly gaining market share. Futures trading allows Read more…