News

Traders were net short Bitcoin on Chicago Mercantile Exchange’s (CME) regulated futures market based on their latest report. Data from the Commitment of Traders (COT) report released Friday, July 26 shows that both commercial and non-commercial traders held a combined 4,464 short contracts to 3,216 longs on CME, skewing the balance 58% to 42% in […]

Billionaire venture capitalist Tim Draper evaluated cryptocurrency custody solutions provided by Coinbase, BitGo, Gemini, Casa, Ledger, and Anchorage. After examining the different services, Draper recommended that institutions should increasingly invest in Bitcoin. Institutions should be comfortable to hold bitcoin soon. I evaluated Coinbase, Ledger, Anchorage, Bitgo, Casa, and Gemini for custody solutions. There is amazing […]

The recent volatility of Bitcoin has caught many investors by surprise. As many of them continue betting that the pioneer cryptocurrency will go up, the fact is that it continues correcting. As a result, this short technical analysis will evaluate how low could Bitcoin go if the bearish trend continues. Bitcoin Technical Analysis Based on the […]

Samson Mow, the chief strategy officer at Blockstream, revealed on July 27, 2019 that the Bank of China has published an article that explains how Bitcoin works, and why its price keeps increasing. Yesterday the #BankofChina posted up an article about #Bitcoin. They explained how $BTC works, why the price is going up, and why […]

After the recent correction, a significant reduction in volume has tamed volatility in the crypto markets. Most coins appear staggered with limited action, but this could be build up to a major move. This technical analysis will evaluate where Ethereum, XRP, and Litecoin could be headed. Ethereum Over two weeks ago, Ethereum broke below the 7-week moving […]

The Ethereum blockchain is being used by engineers at Microsoft to “democratize” AI and machine learning, making these typically centralized and costly systems more accessible to everyone. Smart contracts have the potential to profoundly impact how data is managed. They are immutable and allow developers to reward users for participation and contributions. And, for a […]

The number of “untouched” Bitcoins increased significantly over the past five years, according to recent data from CoinMetrics. Nearly 4 million BTC, an amount currently valued at around $40 billion, has not moved from wallets that may be holding the cryptocurrency as a store of value. Matt Odell, a digital currency analyst and co-host of the […]

Historical price-action dating back to 2012 suggests January is the poorest-performing month for Bitcoin, while November may bode best for the bulls. Research shared Twitter user @Bitdealer_ shows that average returns for each monthly change in Bitcoin’s price since 2012, calculating seven-and-a-half years of data from January 2012 to June 2019. January usually closes in the […]

The past month or so has been totally overcome with news about Facebook making a play for a slice of the cryptocurrency pie with its Libra project. Instagram, Facebook, and WhatsApp could all suddenly be opening their doors to blockchain-based cryptocurrencies; over 2 billion people introduced overnight. It may sound exciting, but it is also […]

In a step forward for crypto regulation, the Securities Exchange Commission granted no-action relief to Pocketful of Quarters for its Ethereum ERC-20 token “Quarters”—assuring the startup that the Commission will not take enforcement action. Pocketful of Quarters (PoQ) is a blockchain startup headed by CEO George Weiksner, age 12, and his father, PoQ’s CTO, Michael […]