The BOJ governor says Bitcoin is a speculative play while issuing warnings over price volatility. Haruhiko Kuroda, governor of the Bank of Japan has joined the roll call of central bankers taking aim at Bitcoin (BTC) amid the current volatility. According to a report by Bloomberg on Friday, Kuroda argued against the value proposition of…
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Traders are afraid another Black Thursday crash is on the cards, but derivatives data proves the current correction has no resemblance to the March 2020 pullback. Bitcoin’s 51.4% crash in March 2020 was the most horrific 24-hour black swan event in the digital asset’s history. The recent price activity of the past week has probably…
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The Dallas Mavericks owner contends that Bitcoin replacing the legacy financial system will be a net positive for society and the environment. Billionaire investor Mark Cuban will not be following in Tesla CEO Elon Musk’s footsteps in withdrawing support for Bitcoin (BTC) payment. Tweeting in response to Musk on Wednesday, the Dallas Mavericks owner remarked…
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Two months after filing VanEck’s BitcoinETF, CBOE has submitted another application — one proposed by Fidelity — to the SEC. The Chicago Board Options Exchange, or CBOE, has filed Fidelity’s Wise Origin Bitcoin (BTC) exchange-traded fund with the United States Securities and Exchange Commission. CBOE filed a Form 19b-4 on Monday seeking to list Fidelity’s…
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Morgan Creek Capital Management’s CEO predicted Bitcoin will soon rival gold by monetary value. Morgan Creek Capital Management founder and CEO believes Bitcoin’s next market cycle could see the asset rival gold by market capitalization and trading for more than $200,000. While appearing on CNBC’s Trading Nation on May 9, Mark Yusko compared the rapid…
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The “original” Ethereum, despite its security issues, beats ETH as it ascends to USD levels never seen before. The “original” yet ironically “wrong” Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are already calling time on the fun. Ethereum Classic (ETC), the pet favorite of Digital Currency Group…
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U.S. lenders are keen to get in on the crypto trading action and could soon allow customers to buy Bitcoin right from their accounts. The era of American banks regarding cryptocurrencies as evil might be coming to an end. According to a report by CNBC on Wednesday, New Digital Investment Group has inked a partnership…
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Ethereum Classic has almost matched Dogecoin’s massive pump in the last seven days. Ethereum Classic (ETC) continues to maintain its parabolic price action advance that began in late March. Data from crypto market aggregator Coingecko shows ETC is up almost 50% in the last 24-hour trading period as of the time of writing. Indeed, the…
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Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest cryptocurrency by market capitalization. The road to the Taproot upgrade finally coming in 2021 is already underway, with major Bitcoin (BTC) mining pools already signaling support. According to data from Taproot.watch, a webpage created by Bitcoin developer…
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Changpeng Zhao says the crypto faithful are in it for tech compared to gain chasers looking for the next “moon-shot gem.” Binance CEO Changpeng Zhao has commented on the volatility of Bitcoin (BTC), stating that the largest crypto by market capitalization is probably less volatile than the stock prices of similarly-sized companies by market capitalization…
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