Jonnie Emsley

Junior United States Senator and former CEO of Bakkt Kelly Loeffler disclosed dumping millions of dollars worth of stock holdings in the days and weeks following a private senators-only briefing on the Coronavirus in late January, as reported by The Daily Beast. Loeffler, who left her post at Bakkt in December to become a junior […]

The managing partner and co-founder of crypto hedge fund Multicoin Capital, Kyle Samani, says that the crypto market structure “broke” last week on account of a bottleneck in the Bitcoin blockchain and miners shuttering operations. Samani drew the conclusion in a blog piece Wednesday titled “March 12: The Day Crypto Market Structure Broke,” a post-mortem […]

Trade volumes are booming on primary and secondary Bitcoin exchanges as Google searches for the number-one crypto skyrocket, indicating that to some degree a panic-induced flight to BTC may be in its early stages after the global economy’s recent capitulation. Real trading volumes have rocketed on the Bitwise 24-hour spot volume index — on Friday […]

The search term “Bitcoin” has exploded in popularity on Google in the last week, suggesting the unfolding global economic crisis may be spurring on interest in BTC even in the wake of one of the coin’s most devastating sell-offs ever. Worldwide search volumes for Bitcoin have broken out to hit a seven-month high according to […]

Back-month Bitcoin futures contracts are trading at a steep discount to spot on the leading exchanges, indicating that derivatives traders could have low expectations for a price recovery after the coin’s recent capitulation. The basis, which measures the premium or discount between the spot price and the futures price, is often considered a useful gauge […]

The CEO of Hong Kong-based crypto derivatives exchange FTX has speculated that if BitMEX had not gone offline on account of “hardware issues” Friday morning, the price of Bitcoin could have crashed to zero. Sam Bankman-Fried, a.k.a. SBF, mused in a thread on Twitter Friday morning that BitMEX may have pulled their exchange offline out […]

The price of Bitcoin dived $400 below the BTC spot price on BitMEX’s Bitcoin perpetual swap contract as the platform reportedly halted trading on account of “system instability.” Traders widely reported experiencing a system crash on BitMEX between 02:16 and 03:00 UTC Friday morning, as XBTUSD crashed to $3,600, $400 below the Bitcoin spot price. […]

Bitcoin has entered a sharp sell-off in the wake of an address Wednesday night by U.S. President Donald Trump on the Coronavirus, strengthening speculation the number-one crypto by market cap is trading as a risk-on asset. Global markets entered another rout as President Trump said his administration would be imposing fresh measures to combat the […]

Large speculators on the CME Bitcoin futures market appeared to be positioned overwhelmingly short weeks in advance of Bitcoin’s supposed coronavirus panic-selling correction.  Data from the CTFC Commitment of Traders report reveals that, in late January, leveraged funds began to turn aggressively bearish on the CME cash-settled Bitcoin futures market. The shift in trend caused […]

Crypterium, a crypto fintech firm led by Visa’s former General Manager for Central Europe, claims to have rolled out the most widely available prepaid crypto debit card, allowing users in 178 different countries to spend Bitcoin, Ethereum, and Litecoin in-store and online. The card comes as the second iteration for Crypterium, who purportedly ran into […]

Quantitative crypto fund Strix Leviathan says the narrative of Bitcoin as a hedge against economic uncertainty could be false—considering last week’s nearly unprecedented stock market sell-off, where the S&P 500 suffered its sharpest correction since the 2008 financial crisis and BTC shed nearly 15 percent in USD terms. The number-one cryptocurrency by market capitalization started […]

According to crypto analytics firm IntoTheBlock, 43 percent of ETH addresses are in profit with the Ethereum spot and derivatives markets seeing explosive growth in key metrics, making the second-largest crypto one of the top-10’s biggest showstoppers this year. The first two months of 2020 have seen Ether rally nearly 110 percent against the dollar, […]

Trading volume has rocketed to a near-all-time-high on the CME cash-settled Bitcoin futures market as the number-one crypto by market capitalization continues one of its longest unbroken uptrends since the first half of last year. Tuesday posted over 23,000 contracts, worth $1.1 billion, according to preliminary data from CME Group, the Chicago-based commodities exchange that […]

Career dotcom entrepreneur and serial bootstrapper Jesse Proudman is the co-founder of Strix Leviathan, a quantitative hedge fund that’s beating the market through software and systematic investing. Like so many entrepreneurs, Proudman may have found his initial concept as a reward for past struggles. Before his last company Blue Box was acquired by IBM in […]

Crypto exchange BTSE has shifted its operations out of Dubai, claiming that regulators in countries with “non-permissive legal systems” are holding back the mass adoption of cryptocurrency with their inaction and broken promises. The move comes as the latest in a global game of musical chairs by crypto businesses, who have little choice but to […]

Handshake, a Proof-of-Work DNS protocol spearheaded by the co-creator of Bitcoin’s Lightning Network, has launched its mainnet in its bid to decentralize trusted Certificate Authorities and replace authoritative bodies like ICANN that govern top-level domains (TLDs) like “.com” and “.org.” The project has maintained a low profile since debuting in August 2018, when news broke […]

As Bitcoin closed out its best January in seven years, open interest rocketed to a new all-time high on Bakkt’s physically-settled Bitcoin futures market, and institutional traders on CME Group looked to position themselves for higher highs. Bulls at Bakkt On Friday the Bakkt physically-settled contract saw a new record of $11.6 million in open […]

Hardware wallet provider Ledger has erected a digital billboard over London’s Canary Wharf financial hub reading “let’s take back control for real,” taking a jab at the pro-Brexit rhetoric of British Prime Minister Boris Johnson on the day the U.K. formally leaves the European Union (EU). In a press release shared with CryptoSlate, Ledger said […]