Tag: bitcoin trader

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Bitcoin Price Diary: Long From $7.3K, Expecting Lower BTC Price

Veteran trader Scott Melker revisits some recent Bitcoin trades, as well as an interesting trade on altcoin Ankr Network (ANKR). In my fifth journal entry, I provide updates on my previous Bitcoin (BTC) position, highlight a new BTC position, and discuss a recent altcoin trade on Ankr Network (ANKR).  BTC/USD Setting up the trade Entries:…
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Wannabe ‘Killers’ Keep Coming For Ethereum. How Might It End?

Many so-called “Ethereum Killers” (EKs) plan major announcements in the coming quarters. How it might change the competitiive landscape? Co-founder of Placeholder, a New York venture firm that specializes in cryptoassets, Chris Burniske, weighed in. Major cryptocurrency exchange Binance, launched its own blockchain, Binance Chain, back in April, hosting its first  Read more »Pay/Trade/Buy Bitcoin…
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US CFTC Turns Its Fintech Lab Into an Independent Office in D.C.

CFTC chairman Heath Tarbert announced that LabCFTC will now operate independently from the agency and will be reporting to him directly. The United States Commodity Futures Trading Commission (CFTC) gives its fintech research unit LabCFTC status as an independent operating office. Blockchain and digital assets are an important part of development Established by the CFTC…
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Bakkt Aims to Lure Institutional Investors With a New Product

Crypto trading platform Bakkt announced the launch of the first regulated options contract for Bitcoin futures. Bakkt, the U.S.-based physically-settled Bitcoin futures trading platform, was finally launched a month ago, after a long time and many high expectations. Now, according to their announcement from October 24th, the Bakkt Bitcoin Options contract was developed out  Read…
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Crypto Markets Show Slight Growth, BTC Continues Sitting in Red

Crypto markets made a mild comeback today, although Bitcoin maintains its bearish trend after yesterday’s major losses. Thursday, Oct. 24 — The top-20 cryptocurrencies seem to begin reclaiming after a sharp drop on Oct. 23, when Bitcoin (BTC) crashed $500 in minutes and dragged other coins down. Cryptocurrency market daily overview. Source: Coin360 Bitcoin, however,…
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After 6 Hours of Zuckerberg Testimony, Congress Still Hates Libra

Cointelegraph assesses what we learned at the U.S. House Financial Services Committee’s hearing with Mark Zuckerberg on Wednesday. Yesterday, Oct. 23, Cointelegraph reported from the United States House of Representatives as the Financial Services Committee questioned Facebook CEO Mark Zuckerberg for over six hours. While focused on the Libra Association and its planned Libra token,…
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Bitcoin Below $8K Is a Buy Zone, Says Crypto Hedge Fund Co-Founder

“I do believe that Bitcoin eventually will exceed $20,000,” says Joel Birch, founder of crypto hedge fund Lunar. Joel Birch, the founder of crypto hedge fund and market research firm Lunar, said that he sees Bitcoin (BTC) at under $8,000 as a buying opportunity during an interview with Forbes published on Oct. 23. Buying bottom…
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Bitcoin and Altcoins Turn Overwhelmingly Bearish

Yesterday, bitcoin price broke a crucial support area near the USD 8,200 and USD 8,000 levels. It opened the doors for more downsides and BTC/USD crashed below the USD 7,850 and USD 7,650 support area. The price is down more than 8% in the past three sessions and it is now trading below the USD…
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CHAI Processes USD 54m via Terra’s Blockchain + 12 More Crypto News

Source: iStock/apichon_tee Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news South Korea’s mobile payments platform powered by Terra’s blockchain technology, CHAI, came out with a series of achievements since its launch in June 2019. The…
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Even Pentagon Agrees With Facebook’s Libra Over China Threat

The head of an American government security agency’s tech unit says China has surpassed the United States in cryptocurrency technology – and warns that his country could face security risks if it continues to shirk away from public spending on innovation. In an interview with the Wall Street Journal, Mike Brown, the director of the…
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