Tag Archives: cryptocurrency

Thomas Lee Predicts Gains of Over 100% for Bitcoin in 2020

Thomas Lee Predicts Gains of Over 100% for Bitcoin in 2020

There’s an ongoing debate in the crypto community regarding the May 2020 bitcoin halving. Many are claiming that the bullish catalyst is already priced in. In other words, market participants who are expecting a sharp rise in bitcoin’s value once the halving occurs would be disappointed. However, some heavy hitters believe that the halving is far […]

Bitcoin Eyes Price Breakout Amid US-Iran Tensions

Bitcoin Eyes Price Breakout Amid US-Iran Tensions

Bitcoin is drawing bids amid heightened geopolitical uncertainty and could soon rise above key resistance at $7,580, confirming a short-term bullish breakout. The top cryptocurrency is currently trading at $7,530, representing a 1 percent gain on a 24-hour basis, according to CoinDesk’s Bitcoin Price Index. Prices are now up nearly 10 percent from lows near $6,850 […]

YouTube Calls Crypto Purge a Mistake But Many Videos Still Missing

YouTube Calls Crypto Purge a Mistake But Many Videos Still Missing

Responding to allegations that it had intentionally deleted content from cryptocurrency education channels ChrisDunnTV, Crypto Tips, BTC Sessions and others in what apparently amounted to hundreds of missing videos, the spokesperson said that YouTube made “the wrong call.” “With the massive volume of videos on our site, sometimes we make the wrong call. When it’s […]

WisdomTree launches its first bitcoin exchange-traded product

WisdomTree launches its first bitcoin exchange-traded product

LONDON (Reuters) – U.S. asset manager WisdomTree launched on Tuesday its first investment product that tracks bitcoin, a rare example of a mainstream money manager offering exposure to the volatile world of digital currencies. WisdomTree, which specializes in exchange-traded funds, said in a statement the bitcoin exchange product (ETP) will offer large investors exposure to […]

What’s Next in the Securities Case Against Ripple Over XRP

What’s Next in the Securities Case Against Ripple Over XRP

Monday will bring the next chapter of a long-running and closely watched lawsuit against Ripple. The plaintiff, Bradley Sostack, has until the end of the day to file a response to the startup’s Sept. 20 motion to dismiss. Assuming it isn’t dismissed in its entirety, the case, which seeks class action status, may move into discovery next […]

Fidelity Makes It Easy for No-Coiners to Invest in Crypto

Fidelity Makes It Easy for No-Coiners to Invest in Crypto

Following a limited launch last autumn, Fidelity Digital Assets is going all out in the hunt for institutional investors looking into cryptocurrency trading and custody solutions. Up until now, the platform was available only to select few investors on a trial basis. Among other perks, Fidelity’s cryptocurrency-focused services are expected to make it easier for […]

UAE Royal Family Acquires Stake In CPA200 Crypto Price Index

UAE Royal Family Acquires Stake In CPA200 Crypto Price Index

The Emirati royal family has taken a stake in the Crypto Price Index (CPI) project, a cryptocurrency analog of the Dow Jones Industrial Average that operates on the blockchain. The development comes as the royal family believes that volatile and uncertain digital asset markets need solutions which gauge industry-wide performance, CPI said in a Wednesday press release. “I am […]

Crypto Portfolio Will Analyze Twitter to Gauge Trader Sentiment

Crypto Portfolio Will Analyze Twitter to Gauge Trader Sentiment

The crypto market, known as one of the most rabid topics for discussion on Twitter, is getting a new tool to help gauge investor sentiment — using tweets. On Tuesday, the trading platform eToro launched a sentiment-based portfolio that uses AI tools to analyze Twitter for the latest positive or negative perceptions of digital assets. […]

Bermuda Now Accepts USDC Crypto for Taxes and Government Services

Bermuda Now Accepts USDC Crypto for Taxes and Government Services

Residents of Bermuda can now pay their taxes in cryptocurrency. The Government of Bermuda announced Wednesday it will accept payments in USD Coin (USDC) “for taxes, fees and other government services,” according to a press release by crypto finance startup Circle. USDC is a stablecoin pegged to the U.S. dollar launched a year ago by […]