Month: February 2020

Bitcoin is holding on to gains today as the threat of a larger correction looms. The long term outlook is extremely bullish though, at least according to one crypto exchange executive. Kraken Director on $100k Bitcoin Kraken’s director of business development, Dan Held, sat down with Nuggets News CEO Alex Saunders to discuss global markets,
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Last week, the financial watchdog of Malta came forward with an unexpected statement. Apparently, Binance, a leading cryptocurrency exchange that had been enjoying a close relationship with local authorities, is not authorized “to operate in the crypto currency sphere,” as the regulator’s press release stressed.  While the Malta Financial Services Authority has yet to license
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Wilshire Phoenix, a New York-based asset management firm, has responded to the United States Securities and Exchange Commission (SEC) rejecting its proposed Bitcoin (BTC) exchange-traded fund (ETF). The firm states it is “very disappointed” by the SEC’s ruling, emphasizing that it went to great lengths to ensure compliance with the SEC’s expectations: “We made every
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Bitcoin recently made a “Golden Cross” where the 50-day moving average closed above the 200-day moving average, a positive development for traders who see it as a very bullish indicator. However, the benchmark cryptocurrency fell sharply right after forming the bullish crossover. The bitcoin-to-dollar exchange rate slipped below both the 50- and 200-DMA earlier this
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Bitcoin futures providers have been seeing a lot of action during the last two weeks as cryptocurrency markets have been extremely volatile. Data shows there’s been significant open interest on both retail and institutional bitcoin derivatives exchanges and Skew research noted bitcoin options open interest was just shy of $1 billion on Monday. Two days
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Bitcoin (BTC) has spent much of the last week in freefall, sinking to a low of $8,520, just as the Coronavirus outbreak prompts widespread panic in the financial world due to its potentially cataclysmic impact on the global economy. This negative correlation between a global crisis and the value of the world’s largest cryptocurrency is
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SetBroker, an innovative Bitcoin-based copy-trading platform, announced today their successful launch. Their platform is powered by ZuluTrade’s technology and Traders ecosystem. Setbroker.com’s unique sales incentive is that it will exclusively use Bitcoin for funding Investors’ trading accounts. The project is expected to transform the cryptocurrency trading market using blockchain and Bitcoin technology combined with a
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Unfortunately, not even Bitcoin exchanges aren’t safe from the crypto carnage that has transpired over the past few days. Not too long ago, Bitfinex began “investigating what seems like a distributed denial-of-service” attack (DDoS) attack on its exchange. This came as a number of users began reporting they couldn’t access their BTC trades. We are
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