Bitcoin Critics Are Becoming More Vocal As Signs Of market Recovery Grow

Bitcoin Critics Are Becoming More Vocal As Signs Of market Recovery Grow

More than ever there is debate among crypto advocates over the future of Bitcoin. Some assert that its future as the flagship blockchain asset is secure, whereas others claim that it will eventually lose its top status to a better designed altcoin. Now that a market recovery appears to be underway, the critics are becoming … Read more…

$140,600,000 in Bitcoin (BTC) Exits Cryptocurrency Exchange As Whale Moves $6,320,422 in XRP

$140,600,000 in Bitcoin (BTC) Exits Cryptocurrency Exchange As Whale Moves $6,320,422 in XRP

  Whale activity is picking up steam as a big week in the crypto markets comes to a close. In a 12-hour span, an anonymous crypto whale moved 16,001 Bitcoin (BTC), worth $140.6 million, from the crypto exchange OKEx to an unknown wallet. While it’s possible that the whale is OKEx itself moving funds on … Read more…

Ex-con hedgie Boaz Manor charged in $30M bitcoin fraud scheme

Ex-con hedgie Boaz Manor charged in $30M bitcoin fraud scheme

A convicted hedge-fund swindler assumed a fake name and donned a disguise to lure investors into a $30 million bitcoin fraud in New York that spanned two years, the feds alleged on Friday. Boaz Manor — a 46-year-old entrepreneur who got a four-year prison sentence in Canada in 2010 after misappropriating more than $100 million … Read more…

Open Interest on Cme's Bitcoin Futures Hits $237 Million

Open Interest on Cme’s Bitcoin Futures Hits $237 Million

The trading volume and open interest on CME Group’s Bitcoin Futures contracts appear to be close to a new all-time high, as data from the firm’s website shows 5,328 contracts in open interest. As each CME Bitcoin Futures contract represents 5 BTC, which at press time are worth $43,900. In total, the 5,328 contracts represent … Read more…

The Bull Case For Bitcoin In 2020

The Bull Case For Bitcoin In 2020

Getty Bitcoin Suisse CEO Arthur Vayloyan was interviewed by CNN Swizterland on Monday, and during his appearance on the network, Vayloyan discussed various reasons to be excited about Bitcoin and other crypto assets in 2020. While Vayloyan did not offer a specific Bitcoin price prediction for the end of the year, the Bitcoin Suisse CEO … Read more…

Will The Bitcoin Price Get Demolished By Central Bank-Issued Cryptos?

Will The Bitcoin Price Get Demolished By Central Bank-Issued Cryptos?

A man pushes a bicycle past the People’s Bank of China (PBOC) headquarters in Beijing, China. © 2016 Bloomberg Finance LP In terms of arguments against the long-term price appreciation of the Bitcoin price, one of the most commonly held beliefs is that something better will eventually come along and replace the world’s first major … Read more…

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Bitcoin is on its best start-of-year streak since 2012 | Currency News | Financial and Business News

David Gray/Reuters Bitcoin is up about 22% in the first 15 days of the new year, notching its best start-of-year surge since 2012, The Wall Street Journal first reported. The digital currency is nearing the $9,000 threshold just two weeks into 2020, and crypto-enthusiasts expect institutional interest to drive prices higher through the year. … Read more…

Bitcoin (BTC) price up 20% this year driven by CME options, halving

Bitcoin (BTC) price up 20% this year driven by CME options, halving

Bitcoin has recorded its best start to the year since 2012. Optimism has returned to the market following a crash after the 2017 record high. Bitcoin was trading at around $8,667.33 at 13:34 p.m. SIN/HK up roughly 21% so far this year. Other digital coins including ethereum and XRP have followed suit, posting more than … Read more…

Why Bitcoin Won’t Be Dethroned As Crypto Market King

Why Bitcoin Won’t Be Dethroned As Crypto Market King

Getty While the altcoin market has existed for nearly a decade, the only cryptocurrency that finds itself sometimes mentioned in the same league as Bitcoin is Ethereum. In fact, there was a large amount of hype surrounding the potential for Ethereum to overtake Bitcoin as the largest and most popular crypto asset on the market … Read more…

60% Chance Of Bitcoin ETF In 2020

60% Chance Of Bitcoin ETF In 2020

Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), waits to begin a Senate … [+] Banking, Housing and Urban Development Committee hearing in Washington, D.C., U.S., on Tuesday, Feb. 6, 2018. © 2018 Bloomberg Finance LP ETF Trends CEO Tom Lydon appeared on CNBC’s ETF Edge on Monday, and the potential for … Read more…