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Mike Novogratz, the legendary investor and founder of Galaxy Digital, believes Bitcoin will see its price “increase significantly” in the next couple of years. In an interview with Bloomberg Technology, Novogratz said that investment banks will be the next big players to enter the space and push BTC’s price beyond $40,000. Consolidating market doesn’t mean […]

Four members of the House of Representatives sent a letter to Facebook calling for an immediate moratorium on its cryptocurrency Libra, saying both regulators and Congress needs more time to investigate the risk it could pose to the global economy. Members of Congress attempting to put Libra on hold Regulator’s distaste for Facebook’s Libra has […]

The University of Cambridge recently launched an index for tracking the electricity consumption from Bitcoin mining. The data provides interesting insights into the profitability and environmental impact of cryptocurrency mining. Tracking Bitcoin electricity consumption in real time Cryptocurrencies have been around for more than a decade, but the environmental impact of the industry is still […]

Arthur Hayes, the CEO of BitMEX, believes that Bitcoin is a retail investor led phenomenon that shows no signs of stopping. With just a day left before his debate with crypto skeptic Nouriel Roubini, Hayes revealed that BitMEX is launching a new Bitcoin-based fixed income product,  providing holders with passive income. Real trading going on […]

Binance appointed the former head of institutional liquidity at Ripple as the lead for the exchange’s upcoming U.S. crypto exchange operator, BAM trading services. According to a press release made by BAM Tuesday, the new CEO Catherine Coley will head up the launch of Binance’s recently announced outpost in North America, Binance.US, and subsequently BAM’s […]

The IOTA Foundation announced the full release of its Trinity wallet for mobile and desktop. The wallet simplifies the process for storing seeds and sending and receiving tokens. Read our full test and review of the wallet. The IOTA Foundation announced the full release of Trinity following the completion of an audit on the wallet […]

Recent Bloomberg data revealed that spikes in weekend trading activity since May accounted for 40 percent of Bitcoin’s price gains this entire year. With crypto exchanges operating 24/7, and short term traders using Saturdays and Sundays to get ahead of the competition, weekends have become a Wild West for the crypto market. No rest for […]

Following Bitcoin’s rebound from $9,600 support, the market seems to be bouncing and giving signals that the retrace is over. This technical analysis will determine whether Ethereum, XRP and Litecoin will continue falling or if a bull trend is about to resume. The whole cryptocurrency market seems to be going through a corrective period following the […]

Binance—the world’s largest exchange by trading volume—announced that it will offer futures contracts on the new “Binance Futures” platform. An exact launch date wasn’t provided, but Changpeng Zhao said the platform is expected to launch in the coming months. Changpeng Zhao, the CEO of Binance, made the announcement at the Asia Blockchain Summit (ABS 2019) […]

During his June 28 contempt hearing, Craig Wright told a federal court in Florida that he was unable to access his $10 billion Bitcoin fortune. Sources present during the deposition revealed that he also cried during cross-examination when explaining why he parted ways with Bitcoin back in 2010. Emotions run high in Wright’s contempt hearing […]