Bitcoin Enjoying Greens for 5 Days in a Row, BTC Dominance Rises 13% from all-time Lowest

Bitcoin Enjoying Greens for 5 Days in a Row, BTC Dominance Rises 13% from all-time Lowest

Bitcoin price is maintaining the greens for 5 days in a row and managing to trade above $7,400 level. In the meantime, the majority of the crypto market is experiencing substantial losses. However, the continuous upward momentum has Bitcoin Dominance rising to 45.1 percent level, registering the increase of 13 percent from its all-time lowest […]

Ethereum May Be “as Broadly Adopted as the Internet,” Says Circle Co-Founder

Ethereum May Be “as Broadly Adopted as the Internet,” Says Circle Co-Founder

Jeremy Allaire, co-founder of crypto finance firm Circle, recently told CNBC that cryptocurrencies and blockchain technology may eventually be “as broadly adopted as the internet is today.” He added that digital currencies are “a really fertile space in terms of the fundamental, technical, and infrastructure.” Allaire noted the Ethereum platform currently “has an enormous amount of developer activity” and […]

BitMEX CEO Gives His Thoughts on the Short Squeeze Theory for Bitcoin (BTC) Price Surge

BitMEX CEO Gives His Thoughts on the Short Squeeze Theory for Bitcoin (BTC) Price Surge

On Thursday (19 July 2018), Arthur Hayes, the co-founder and CEO of BitMEX, one of the largest crypto exchanges (by trading volume), in an interview with CNBC’s “Fast Money”, gave his thoughts on the “short squeeze” theory for Bitcoin’s huge price surge two days earlier. The host, Melissa Lee, started by asking Hayes if he had any evidence to support the theory that […]

Major Insurers Take the Plunge to Underwrite Risk in the Crypto Space

Major Insurers Take the Plunge to Underwrite Risk in the Crypto Space

Big-name insurers such as AIG, Allianz, Chubb, and XL Group are increasingly tailoring coverage options to protect businesses in the crypto space, Bloomberg reports July 19. Aon, a major insurance broker that claims to occupy 50 percent of the crypto-insurance market, told Bloomberg the firm is seeing more crypto-specific protections catering to the new industry. Another broker, Marsh […]

Binance is One-Year-Old, Celebrates by Announcing a Tiered Fee Discount Program

Binance is One-Year-Old, Celebrates by Announcing a Tiered Fee Discount Program

The cryptocurrency exchange giant Binance has announced a new loyalty program for its users. The news coincides with them reducing the BNB discount rate as per their white paper. Binance Reduce BNB Discounts, Introduce New Fee Structure Since their launch this time last year, Binance offered its users unique savings if they used their own […]

Crypto King Silbert: Bitcoin at Bottom, Only Upwards From Here

Crypto King Silbert: Bitcoin at Bottom, Only Upwards From Here

CNBC’s seemingly non-stop coverage of the crypto market has continued, with so-called Crypto King Barry Silbert appearing on ‘Fast Money’ on Wednesday afternoon. Barry Silbert Gives Multiple Reasons To Why Bitcoin Has Hit A Bottom On Wednesday, Barry Silbert, an early Bitcoin investor and founder of many crypto-related firms, recently took to CNBC’s ‘Fast Money’ segment to […]

Cryptos a “Solution in Search of a Problem,” Says Billionaire Investor Ken Griffin

Cryptos a “Solution in Search of a Problem,” Says Billionaire Investor Ken Griffin

With hedge fund billionaires on all sides chipping on the state of cryptocurrency markets, one such investor has been keen to place himself firmly in the sceptical camp. Ken Griffin, founder and CEO of Citadel Investment Group, today made it perfectly clear that he was not an admirer of the booming cryptocurrency industry. Talking at the Delivering […]

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

Avenue Capital Group co-founder Marc Lasry has said that Bitcoin’s (BTC) price is going to hit $40,000 n bullish comments to CNBC on July 18. Speaking in an interview for the network’s Squawk Box segment, Lasry, whose debt management firm controls around $9.6 billion of assets, saw increasing ease of crypto trading as a major motivator for Bitcoin […]