Bitcoin Demand Still Going Strong Despite Price Being 68% Lower than its ATH

Bitcoin demand is in full force as the bitcoin futures volume on CME rises significantly, registering more than Cboe’s and bitcoin spot trading on Coinbase despite BTC being 68% lower than its peak. Moreover, eToro also showcasing an increase in bitcoin holdings clients. Bitcoin futures volume rises significantly on CME Bitcoin has lost about 68 percent of its… Read More »

South Korea Lawmakers Discuss ICO, Cryptos During Extraordinary Session: Report

Advertisement South Korea has commenced an extraordinary session in the National Assembly to discuss regulation and measures to promote the cryptocurrency industry alongside ICO guidelines to eventually overturn the ongoing ban. According to a Business Korea report on Monday, the short session – extraordinary sessions cannot exceed 30 days – in South Korea’s National Assembly will see relevant… Read More »

New Partnership Allows Australians to Pay Bills in Cryptocurrency

Holders of cryptocurrencies in Australia will now be able to pay their bills in cryptocurrencies, thanks to a new partnership between cryptocurrency exchange, Cointree, and automated billing platform, Gobill. New Partnership Opens Crypto Doors Cointree, in a tweet, recently announced its partnership with Gobill which would enable cryptocurrency holders to settle their household bills with a wide range… Read More »

Bakkt Will Trade ‘Pre-Funded’ Bitcoin – Not Paper Claims, CEO Confirms

Bakkt, the digital asset platform announced a couple of weeks ago, won’t support margin trading, according to its CEO. The solution will aim to facilitate institutional investment, providing the much-needed infrastructure for it.    Bakkt Not Like the Rest Bitcoinist reported August 3 that the owner of the New York Stock Exchange (NYSE) – the Intercontinental Exchange (ICE)… Read More »

Bitcoin Technical Analysis: BTC/USD Bulls-Bears Fighting Near $6,500

Bitcoin price recovered sharply after testing the $6,225 support against the US Dollar. BTC/USD has to break the $6,500 resistance for more upsides. Advertisement Important points Bitcoin’s decline found a strong support near the $6,225 pivot level. There is a declining channel formed with resistance at $6,460 on the 2-hour chart of BTC/USD. BTC price may perhaps continue… Read More »

SEC Have Until Thursday 23rd August, to Decide on the ProShares Bitcoin ETFs

The Bitcoin (BTC) ETF saga at the SEC will go on for a while with another pair of ETF sponsored by two firms – ProShares in conjunction with NYSE Arca – due for a verdict on this Thursday, August 23rd. The two ETFs are the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. The ruling on these… Read More »

Tokens Record Losses as Major Cryptos Struggle; Bitcoin Stable at $6,500

Usually, stability in the Bitcoin price leads to an increase in the momentum of tokens. On August 21, tokens recorded the largest losses in the global crypto market. Tokens Unstable In the past 24 hours, tokens such as Tezos, Kin, Ark, Basic Attention Token (BAT), and Aelf (ELF) declined by 5 to 15 percent against The post Tokens… Read More »

Key Executive Exit Leaves Tron’s Acquisition of BitTorrent Lacklustre

The much-celebrated acquisition of BitTorrent by Tron seems to be on bumpy roads already, especially as far as retaining talent is concerned.  In the recent news that is surfacing reports that two senior management employees which were from BitTorrent have already resigned. The report also states that three other employees that came to Tron from BitTorrent have also… Read More »

DApps in Decline As Crypto Markets Extend Losses

You hear it all the time — “decentralized apps (DApps) are the future of the internet and blockchain.” But according to a recently reported statistics, DApps have been slow to garner interest from the average crypto user, like you or I. Decentralized App User Count Plummets 56% Since January’s Highs Decentralized applications, smart contracts, and the like have… Read More »