The Wyckoff chart and other key indicators suggest that crypto investors are accumulating Bitcoin even if it retains a bearish bias. Bitcoin (BTC) closed the week with a selloff, pushing price below the $8k handle and printing a close down 2.5% for the week as a whole. Despite an ominous close to the bottom of…
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Coffee crop. It seems that Latin America dominates crypto adoption news agenda with new announcements every week. This time, multiple news have arrived from Colombia and Venezuela. The Coffee Axis town of Pereira, in Colombia’s western Risaralda department, appears to be turning into the country’s unofficial cryptocurrency capital. The town has a population of Read…
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After last Monday’s first since we started the Crypto Market series in February, when we saw our lowest reported average crypto market sentiment measure, Sentscore, for the top 10 coins by market capitalization, at 4.1 – we are back into the familiar zone with a Sentscore of 4.41, according to Omenics, a crypto market sentiment…
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The WFE, a global trade association of publicly-regulated exchanges, has appealed to the U.K.’s FCA not to restrict crypto derivatives for retail investors. The World Federation of Exchanges (WFE), a global trade association of publicly-regulated exchanges, has appealed to the United Kingdom’s Financial Conduct Authority (FCA) to not restrict cryptocurrency derivatives for retail investors. The…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news American regulatory body the Securities and Exchange Commission (SEC) has rejected an investment company registration application by the Cipher Technologies Bitcoin Fund, stating in its Read more »Pay/Trade/Buy Bitcoin…
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Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun argues that the United States blocking Facebook’s Libra will have national security implications. Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun has argued that the United States blocking Facebook’s Libra digital currency will have national security implications. Haun’s comments were reported in a CNBC profile…
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Decentralized finance is gaining momentum as a sector that could transform the economy. But what is it, and what are the challenges that lie ahead? What is the Crypto Finance Conference? The CFC bills itself as “the most exclusive blockchain investors’ confidence in the industry.” Held on an invitation-only basis, just 200 attendees will be…
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This past week, bitcoin price remained in a bearish zone and settled below the USD 8,500 support area. BTC/USD broke the USD 8,250 and USD 8,000 support levels to move further into a bearish zone. The current (08:00 UTC) price action is negative, suggesting more downsides below USD 7,800. Similarly, ethereum is facing an uphill…
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XRP, the native token of Ripple, is the best performing coin among top 10 tokens by market capitalization on Monday and in the past week. At pixel time (09:32 UTC), XRP trades at c. USD 0.2686 and is up by 5.6% in the past 24 hours and by 7% in the past week. In comparison,…
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The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019. The Financial Conduct Authority (FCA), the United Kingdom’s primary financial regulator, has seen a 74% rise in crypto-related investigations in 2019 so far. A local law firm reveals the data According…
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