Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools
Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action.
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EOS Blockchain Congested: EIDOS Airdrop 95% of Transfers
The EOS blockchain is congested by the EIDOS token airdrop, cryptocurrency exchange Coinbase reports on Nov. 9.In a post on its blog, Coinbase claims that it had trouble in processing its clients’ transactions due to EOS network congestion caused by the EIDOS token airdrop. The exchange has since solved the issue by increasing the amount…
Betting on turmoil: Deribit launches Bitcoin volatility futures
Volatility products are popular with traditional investors, as they enable portfolio hedging, risk management and speculation. 83 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto derivatives exchange Deribit will soon launch Bitcoin (BTC) volatility futures, giving investors a direct way to measure and trade BTC market volatility. On…
Siblings charged over mining coin that turned into alleged $124M fraud
The brother and sister team will face charges of wire fraud, securities fraud, and conspiracy for their alleged roles in the Ormeus Coin ICO. 348 Total views 13 Total shares A pair of siblings is now in very hot water with the U.S. government with criminal charges filed against them for allegedly committing fraud in…
Coinbase eyes long-term growth of subscription revenue, NFTs still a focus
Coinbase CEO Brian Armstrong says the exchange has been building subscription revenue streams for three years and will continue to do so into the long term. 585 Total views 24 Total shares American cryptocurrency exchange Coinbase aims to grow revenue from subscriptions in the long term to combat potential profit margin compression.The firm’s founder and…
5 factors show bulls control Ethereum price even after a 26% correction
On Jan. 4, Ether (ETH) price rallied to $1,160, which was followed by a 24% correction within the following 4 hours. What is clear is that investors are anxiously awaiting the CME's ETH futures launch which is scheduled for Feb. 8. Another factor driving the current rally is that Ether miners' balances reached a two-year…
Goldman Sachs Investment Strategy Group: ‘Crypto Mania’ a Risk to Stable 2018 Outlook
Bitcoin (BTC) and “unsteady cryptocurrency mania” are the one of six factors that threaten Goldman Sachs 2018 market outlook, according to a July 2018 report by the Goldman Sachs Investment Strategy Group. The report entitled “(Un)Steady as She Goes,” highlights “cryptocurrency mania” as one of several factors that could affect their initial market outlook for…
Daily Traded Volume on Huobi’s Crypto Derivatives Platform Breaks $1 Billion
Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market (DM) has broken past $1 billion, according to a press release shared with Cointelegraph on Dec. 27.Huobi Global — which operates the world’s third-largest largest crypto spot market trading platform — launched Huobi DM last month. The new platform allows traders to trade Bitcoin…
Russian gov’t and central bank agree to treat Bitcoin as currency
Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared or be considered a criminal act. 1356 Total views 18 Total shares The government and central bank in Russia have reached an agreement on how to regulate cryptocurrencies, according to a Tuesday announcement.Russia's government and central bank are now working on…