Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC

Cryptocurrency exchange Coinbase CEO Brian Armstrong said in an August 14 interview with Bloomberg that it was signing up 50,000 users per day in 2017. Speaking at the Bloomberg Players Technology Summit in San Francisco on Tuesday, Armstrong said that the “technology [Bitcoin] is going through a series of bubbles and corrections, and each time…

Bitcoin price action does not warm to nonfarm payrolls numbers as analysts predict the Fed continuing to hike interest rates in May. 499 Total views 7 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) showed little interest in moving higher at the April 7 Wall Street open as fresh…

Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange. 2943 Total views 20 Total shares Major South Korean internet company Naver has reportedly begun negotiations to acquire a stake in the country’s largest cryptocurrency exchange, Bithumb.Naver has discussed a potential equity…

dYdX completes the launch of its layer-1 proof-of-stake blockchain with the creation of its genesis block by chain validators. 338 Total views 4 Total shares Decentralized cryptocurrency exchange dYdX has launched its layer-1 blockchain with the creation of its genesis block, which will operate using native DYDX tokens.The dYdX Chain is set to distribute all

Coinbase customers are venting again in frustration with the lack of customer support from the $65 billion company. 2156 Total views 8 Total shares Coinbase is under fire for terrible customer service following reports of users accounts being hacked and drained of funds. According to an Aug. 24 investigation by CNBC, thousands of customers across the…

Binance CEO Changpeng Zhao announced the launch of the $115-million crypto and blockchain initiative during a conference in France. 925 Total views 27 Total shares Global crypto exchange Binance is starting a 100-million euro ($115 million) initiative to develop the blockchain and crypto ecosystem in France and Europe, Binance CEO Changpeng “CZ” Zhao announced in a…

Decentralized derivatives protocol Synthetix is the latest project aiming to close the usability gap between centralized and decentralized exchanges — with a Q4 slated launch of the Synthetix V3 protocol and its decentralized exchange front-end, called Infinex.Speaking to Cointelegraph, Synthetix founder Kain Warwick said the Q4 slated launch of Infinex — a decentralized perpetual futures

Bloomberg ETF analysts are predicting Valkyrie’s futures-based Bitcoin ETF will commence trading this week. 655 Total views 2 Total shares Commentators are predicting that a second futures-based Bitcoin exchange-traded fund (ETF) will go live by the end of the week following the launch of ProShares’ Bitcoin Strategy ETF later today.On Oct. 19, Bloomberg’s analyst Eric…

The road to the adoption of blockchain and crypto in the marketing industry is a long and winding road. But make no mistake about it: Transformation is well on its way and the road will soon turn to a highway.As someone who has been a creative director, agency owner/partner, strategic planner, chief marketing officer for…