Despite strong gains over the past two weeks, Bitcoin’s price remains neutral, suggesting further downside is in store before a strong trend reversal can occur. Bitcoin price (BTC) increased over 10% over the past week, so it didn’t take long for the usual crypto Twitter suspects to start screaming that they are all bullish now.…
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Dash sees its price increase by 16% as Bitcoin hovers around the $8,100 mark, market situation mixed. Sunday, Jan. 12 — most of the top cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers around the $8,100 mark again. Market visualization courtesy of Coin360 Among the top cryptocurrencies, the…
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Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. _____ In financial markets, it’s rarely possible to know, in advance, precisely when a major event will impact supply and demand — let alone…
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As tensions between Iran and the U.S. continue to escalate, more and more Iranians seem to be turning toward crypto and BTC. Earlier this week, the world’s flagship crypto asset saw its value surge from around the $8,000 mark to just over $8,430 within an hour’s time. This latest price action came after the Iranian…
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Brooklyn Nets player Spencer Dinwiddie will launch his tokenized security offering on Monday, Jan. 13, after reportedly settling terms with the NBA. Spencer Dinwiddie of the NBA’s Brooklyn Nets will launch his tokenized security offering on Jan. 13, in collaboration with digital securities company Securitize, after reportedly settling terms with the NBA. “The Spencer Dinwiddie…
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The United States Securities Exchange Commission is seeking a default judgment and $16 million in penalties from token sale platform ICOBox. The United States Securities Exchange Commission (SEC) is seeking a default judgement against token sale platform ICOBox and its founder Nikolay Evdokimov. Documents filed with the Central District Court of California on Jan. 9…
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Plasma scalability for the Ethereum network is now a matter of implementation, according to the non-profit Plasma Group. The non-profit research organization Plasma Group announced in a Jan. 9 blog post that it would cease studying Ethereum scalability. Identifying funding of public goods as the next key challenge, it pledged to donate its remaining funds…
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Crypto traders explain they are not surprised by Deribit’s move to Panama, explaining more companies may follow. Crypto traders see potential for other market platforms to exit after crypto derivatives exchange Deribit announced a move to Panama from its EU base in the Netherlands. “This is something they had hinted at in an interview months…
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This week’s news from Japan included falling trading volume, statements on China’s digital currency, a Lisk staking announcement and a blockchain-based letter of credit. This week’s news from Japan included declining trading volume, statements from prominent figures on China’s pending digital currency, a Lisk staking announcement and a blockchain-based letter of credit. Check out some…
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A combination of three critical factors is set to deliver significant gains for Bitcoin investors, predicts Fundstrat Global Advisors. Bitcoin (BTC) can deliver 100% returns to investors in 2020 and may rise significantly in the five months until May’s block reward halving, a new report claims. In its forthcoming 2020 Crypto Outlook, market research firm…
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