Bitcoin top $70K or $210K? Analysts, price models clash over BTC cycle peak
Veteran trader Peter Brandt sparked debate after suggesting BTC may have already hit its peak this cycle, but even he didn’t put much stock in the theory.
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World’s ‘First’ Blockchain Smartphone to Become Available in New Market
Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh.According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory Commission approved the phone for import in August and it will be available on the Bangladeshi market in October.Mobile Phones in BangladeshFinney’s launch in…
Australia: Clients File Claim Against Publicly Listed ICO Advisory Firm DigitalX
Crypto firm DigitalX Ltd. has been served with an Originating Application and Statement of Claim. The claim was filed by a group of DigitalX’s clients in Australia’s Federal Court, according to an official announcement published September 28.DigitalX describes itself as a publicly-listed firm that offers Initial Coin Offering (ICO) advisory services, blockchain consulting services and…
Gemini and Genesis’ legal troubles stand to shake up industry further
With investor confidence seemingly at an all-time low thanks to the recent slew of insolvencies, a new saga seems to be now unfolding in real time. This one involves crypto exchange Gemini’s Winklevoss twins and Barry Silbert, CEO of Digital Currency Group (DCG) — the parent firm behind crypto market maker and lender Genesis.On Jan.…
Craig Wright Apparently Just Admitted to Hacking Mt. Gox
Craig Wright's legal team appears to alleged that he controls one of the Bitcoin addresses affiliated with an old Mt. Gox hack. 266 Total views 2 Total shares One of the faces of anonymous coin Monero, Ricardo Spagni, also known as Fluffy Pony, tweeted out information indicating Craig Wright's affiliation with a Mt. Gox-related Bitcoin…
Options Are the Answer for Dealing with ‘Bearish’ Crypto Market, Trading Platform Says
A new blockchain asset trading platform says it is determined to help investors navigate the “bearish” cryptocurrency market – and says options could enable traders to protect and grow their assets.Options are a form of financial derivative where buyers have a right to buy or sell a financial asset at an agreed-upon price for a…
Blockchain tech will bridge the gap between DApps and enterprises
Blockchain technology is revolutionizing the way we interact, transact and share information, with many experts predicting it will be the most disruptive technology in the next decade. After little structural innovation since the 19th and 20th centuries, decentralization has brought industries such as finance, media and technology closer to transparency, freedom from intermediaries and heightened…
PNC Bank Using Ripple XCurrent — Is Interest in Blockchain Rising?
Stablecoins have a goal of putting an end to the recent volatility of the crypto market — and in doing so, they have opened the door to crypto usage for institutional investors, which has long been considered an important milestone on the road to mainstream adoption. One of the ways that institutional investors are looking…
Bitcoin supply squeeze heats up as Grayscale buys nearly 3x the BTC mined in December
Grayscale brings its total assets under management above $20 billion in time for the start of 2021 as BTC demand intensifies. 208 Total views 2 Total shares Institutional crypto investment giant Grayscale now has $20 billion under its control as its Bitcoin (BTC) buys outstrip production by almost three to one.As noted by data analysis…