Bitcoin price peels back from its weekly high, but BTC derivatives markets look good
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.
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Bakkt completes $200M acquisition of Apex Crypto
Apex Crypto has brokered $12.5 billion in crypto trades since inception. 763 Total views 2 Total shares Own this piece of history Collect this article as an NFTOn Apr. 3, blockchain technology platform Bakkt announced that it completed its acquisition of Apex Crypto LLC. Previously, in November 2022, Bakkt stated it would pay $55 million…

Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats
Bitcoin (BTC) rallied on the back of the United States Federal Reserve's decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as more dovish than the previous FOMC committee meeting, suggesting that the worst moment of tight economic policies is behind us.Another positive news for risk assets came…

GitHub unbans Tornado Cash repositories following OFAC guidance
Ethereum developer Preston Van Loon encouraged GitHub to fully restore Tornado Cash’s repositories after partial unbanning. 49 Total views 12 Total shares Crypto mixer Tornado Cash has returned to the software development platform GitHub after several weeks of being banned on the website.Ethereum developer Preston Van Loon took to Twitter on Thursday to report that…

New Zealand’s Reserve Bank consulting public on a potential CBDC
The Reserve Bank of New Zealand will look at the potential for a CBDC “to work alongside cash as government-backed money,” and assess the issues around the emergence of crypto assets such as stablecoins. The Reserve Bank of New Zealand says a central bank digital currency might be a “solution” to the ongoing reduction in…

Bitcoin Breaks $10,000 for First Time Since March 2018
Bitcoin (BTC) has continued its steady rally in price over the past three months to break $10,000 today for the first time in over a year.Bitcoin broke the $10,000 mark today after trading in the $3,000-$4,000 range for the first four months of this year.Bitcoin’s recent price rally has seen commentators like Fundstrat’s Tom Lee…

Deutsche Bank Institutional Trader Joins Japanese Crypto Startup
A former Deutsche Bank trader has joined Japanese crypto exchange-startup FXcoin Ltd., Bloomberg reports September 3.According to the announcement, Yasuo Matsuda, an institutional trader from Deutsche Bank, will join FXcoin as a senior crypto strategist starting in September 2018. The strategist position includes providing analysis of crypto markets and daily reports on the market’s activity.The…

BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining
No amount of FUD can keep Bitcoin down, and China has once again given bulls a boost with its bans. 2264 Total views 32 Total shares It’s been 150 days since China banned Bitcoin (BTC) mining — and BTC price action has only benefited as a result.Five months ago, China caused a considerable but not…

The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin
Widely credited as the inventor of digital cash, David Chaum is sometimes known as the “father of online anonymity” or the “godfather of cryptocurrency,” whose work inspired the near-mythical group called the Cypherpunks from which Bitcoin emerged. Beginning his studies in computer science in the late 1970s, when encryption was classified at the same level as…