News

A U.S. judge has ruled Coinbase can be sued for negligence over its contentious 2017 Bitcoin Cash (BCH) listing, describing the actions of the iconic U.S. cryptocurrency exchange as constituting “incompetence born of haste”, Bloomberg reported. The news sheds light on the progress of a class-action lawsuit filed in 2018 by Coinbase customer Jeffrey Berk, […]

Amidst intensifying geopolitical risks and growing uncertainty in the global financial market, heavyweight investors like Michael Novogratz and Travis Kling foresee Bitcoin emerging as a viable alternative store of value. “With the yuan over 7.0, an FX war, instability in HKG and the beginnings of capital flight, BTC rally could have real legs,” said Novogratz. […]

Balaji Srinivasan, the former CTO of Coinbase and general partner at Andreessen Horowitz, believes that cryptocurrencies will bring about significant changes to the world of investing. The industry has created new ways of raising capital, allowing it to come off the sidelines and “flow like water.” What’s next for crypto? Blockchain and cryptocurrencies have infiltrated […]

Anthony Pompliano, the co-founder at Morgan Creek Digital and outspoken Bitcoin bull, said that over 50 percent of his net worth was in BTC in an interview with CNBC’s Squawk Box. He was then slammed by Shark Tank judge Kevin O’Leary, who said it went against the rules of investing and diversification, calling the move […]

Coinbase announced that it is planning to add 90 percent of all cryptocurrencies by aggregate market capitalization to its platform. Despite Coinbase’s commitment to listing more crypto assets, trading volume on Coinbase Pro shows lackluster investor interest in altcoins while BTC dominates trading volume. Coinbase Pro trading volumes Approximately $461 million was traded in the […]

The co-founder and CEO of Circle Jeremy Allaire affirmed that there is a “macro-correlation” between Bitcoin’s price movement and the current trade war between China and the United States that could lead to wider adoption in the Asian nation, according to a recent interview on CNBC. Bitcoin’s correlation with China The upswing that Bitcoin experience […]

Net outflows show that more than half a billion dollars worth of Bitcoin left BitMEX in July, making the month the single-biggest for total customer withdrawals on record. With a net outflow of $524 million in BTC, July was the first month the exchange (the largest crypto margin trading platform by daily volume) had parted […]

Bitcoin has stolen the spotlight as it moves above $12,000 again following a seven-day rally. The pioneer cryptocurrency continues to decouple from the rest of the market while altcoins are lurking without any major price action. As the uptrend unravels, this technical analysis will explore the different scenarios where Bitcoin could go in the next […]

Walmart’s prospective USD-backed stablecoin should be looked upon more favorably by regulators than Facebook’s Libra, according to U.S. investment banking and financial services company, Cowen, Bloomberg reported. Where Cowen may not be known as one of Wall Street’s household names, the investment bank has in recent years appeared more confident voicing its bets after being […]

One of the first things we learn about blockchain, and by extension, cryptocurrencies, is that they are unhackable. You cannot overwrite a transaction; you can not hide or delete it; it is immutable and permanent – a perfect system for financial transaction. However, the cryptocurrency space remains a dangerous one for people and their money. […]