Sellers pushed Bitcoin price below $55,000 even as record-high BTC futures open interest and optimism surrounding the issuance of $1,400 stimulus checks for Americans had traders anticipating a rally. Bitcoin price sold off on March 15 as bears pushed the price back into the mid-$50,000 range a few days after (BTC) hit a new all-time high above…
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Gas tokens quietly move higher as the cost of transacting on the Ethereum network highlights the benefits of dual-token models with stable fees. Network congestion and high transaction costs on the Ethereum (ETH) network have been a persistent issue for investors and developers for the past year and this has shone a spotlight on blockchain…
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The Ministry of Finance of India continues to form a careful position on private cryptocurrencies. The minister of finance of India, Nirmala Sitharaman, has given a ray of hope for the Indian cryptocurrency community as more fear, uncertainty and doubt circulate regarding a supposedly impending ban on digital assets. In a Saturday interview with India Today,…
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The Oakland A’s, the team at the center of the box office hit movie “Moneyball,” is accepting a single Bitcoin as payment to secure a six-seat suite throughout the 2021 home season. The Oakland A’s — the San Francisco East Bay ballclub at the heart of the Academy Award-nominated 2011 movie Moneyball — is greeting the…
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XRP holders claim their interests aren’t being represented in an ongoing SEC lawsuit against Ripple Labs. Now they want to enter the fray as third-party defendants. XRP coin holders have attempted to insert themselves as third-party defendants in the United States Securities and Exchange Commission’s lawsuit against Ripple Labs. A motion to intervene was filed…
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South Korea’s tax authority is going after individuals hiding their assets in cryptocurrencies as a way of avoiding tax payments. The National Tax Service of South Korea is increasing its efforts to combat tax evasion and is now focusing on the use of cryptocurrencies for such illicit activities. According to The Korea Herald, the tax…
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Supply chain projects like OriginTrail, Waltonchain and Wabi have rallied in excess of 250% as blockchain interoperability comes into focus. Over the last few weeks, blockchain projects focused on supply chains and logistics have seen tremendous growth as the coronavirus-induced economic gridlock begins to loosen and future concerns related to the global pandemic subside. Three…
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As Bitcoin price skyrocketed to a new all-time high above $61,800, altcoins like Decentraland rallied more than 90%. On March 13 bulls took full control of the crypto market as Bitcoin (BTC) price vaulted to a new all-time high at $61,844 after a high volume surge pushed the price through overhead resistance near $58,000. Analysts…
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Trading Bitcoin options can be a great way to access leverage while avoiding the liquidation risk presented by futures contracts but investors must keep an eye on the premiums. The most basic Bitcoin (BTC) options contracts involve buying a call which gives the holder the opportunity to acquire the asset at a fixed price on…
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Analysts say Bitcoin whale wallet accumulation and persistent dip-buying by institutional investors signal that BTC price has plenty of room to appreciate. Bitcoin (BTC) bulls finally mustered enough strength to push the top-ranked cryptocurrency through the $60,000 level and citing key on-chain metrics, analysts believe the bull run has a ways to go before reaching…
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