The CEO of Singaporean hedge fund Three Arrows Capital has warned that stock-to-flow-based predictions about rising Bitcoin (BTC) value in 2020 could be wide of the mark – and has claimed that investors pinning their hopes on mining reward halving and stock-to-flow movements could end up in “over-leveraged positions.” Speaking on the Venture Coinist podcast,…
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A game screenshot. Want to be a Bitcoin (BTC) collector, but you are either afraid of getting in the game or don’t have the funds to? Want to see what life is like for miners (not literally)? Well, there’s a literal game for you to play and experience what it’s like being a miner. The…
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Source: iStock/da-kuk 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. Adoption news 92% of surveyed women said that they would be more likely to invest if Bitcoin had a longer track record, and 93% (compared with 84% of surveyed…
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After a successful break above the USD 7,550 resistance, bitcoin price struggled to surpass the USD 7,650 resistance area. As a result, BTC/USD failed to stay above USD 7,550 and even declined below USD 7,400. The price is now (09:00 UTC) consolidating below USD 7,400 and it could retest the USD 7,250 support. Similarly, there…
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Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com – Official Channel Bitmain’s Wu Jihan has made his first address to clients following the conclusion of a bitter power struggle with the company’s former head – and has announced a series of measures aimed at boosting the Bitcoin (BTC) mining industry. Per Bloomberg, Bitmain, the world’s…
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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. Trading news Bakkt, a digital asset trading platform, said it launched Bitcoin monthly options and Bitcoin cash settled futures. While “options offer important hedging, trading and Read more »Pay/Trade/Buy Bitcoin with…
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Bitcoin (BTC) price volatility is expected to decline next year, with the transition from a bear to a bull market seemingly over, while the cryptocurrency’s price is likely to continue grinding higher, according to a recent report released by Bloomberg Intelligence (BI). While bitcoin’s rapidly rising prices once went hand-in-hand with high volatility, “the Read…
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This past week, bitcoin price started recovering above the USD 7,350 and USD 7,400 resistance levels. BTC/USD even spiked above USD 7,650, but it struggled to continue higher. However, the price failed to retain strength above USD 7,600. It is currently (09:00 UTC) consolidating above USD 7,400 and it might rise again. Similarly, many major…
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Major cryptocurrency exchange OKEx announced the upcoming launch of its Options Trading. This move comes ahead of CME’s Bitcoin (BTC) futures contracts, the testing of which started today. OKEx promised to launch options trading on December 27, offering both buy and write options. “Developed from the ground up, OKEx Options represents a complete upgrade to…
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Canaan’s AvalonMiner 1146. Searching for the five best performing Bitcoin mining equipment with fastest payback and biggest profitability, four Bitmain’s and one Canaan’s model are at the top, research by Beijing-based token data and rating agency TokenInsight showed. May 2020 Bitcoin (BTC) mining reward halving is currently one of the most important topics in the…
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