Tag: bitcoin

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Bitcoin’s Best Q1 Since 2013 to ‘Escalate’ If $9.5K Is Broken: Trader

Bitcoin has delivered almost 30% returns for investors since the start of 2020, but warnings are appearing that progress is coming too quickly. Bitcoin (BTC) investors have already made more on their holdings this quarter than any Q1 since 2014, as data shows a sustained influx of institutional interest. According to findings from statistics resource…
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OneCoin Crypto Ponzi Scheme Used Fake Reviews to Improve Its Image

Research by U.S. think tank Atlantic Council suggests that OneCoin leveraged fake reviews on TrustPilot and Quora to lure investors. Research conducted by the Digital Forensic Research Lab (DFRLab) of the Atlantic Council think tank suggests that the infamous cryptocurrency-themed Ponzi scheme OneCoin used fake reviews on TrustPilot and Quora to lure investors. According to…
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Another Japanese Finance Industry Player Joins the Cryptocurrency Fray

It seems that another big, non-crypto company just stepped onto Japan’s crypto scene. Daiko Holdings has become the latest Japanese firm to operate a cryptocurrency platform. SNC, operator of the Bitgate cryptocurrency exchange has transferred a controlling stake of 58.1% of its 100% stake in the company to Daiko Holdings. Per an official Bitgate announcement,…
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A Month After Launch, Bakkt Bitcoin Options Volumes Are Lackluster

Little more than a month after their launch, Bitcoin options contracts on ICE’s digital asset platform Bakkt appear to have seen sluggish uptake. Little more than a month after their launch, Bitcoin (BTC) options contracts on the Intercontinental Exchange’s digital asset platform Bakkt appear to have seen sluggish uptake. The latest available reports for the…
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Bitcoin and Altcoins Surging, Rally Might Continue

In the past few sessions, there was a strong rise in bitcoin price above the USD 9,200 and USD 9,250 resistance levels. BTC/USD even traded above USD 9,400 before it faced sellers. The price is currently (09:00 UTC) consolidating and it remains well supported for more gains above USD 9,400. Similarly, there was a decent…
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Swiss Firm Poised to Launch Compliant IPO on Ethereum Blockchain

Swiss regulators have given the go-ahead for what is reportedly the country’s first fully compliant initial public offering on the blockchain. Swiss regulators have given the go-ahead for what is purportedly the country’s first fully compliant initial public offering (IPO) on a blockchain. Swiss blockchain firm Overture will launch a compliant IPO and offer ordinary…
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Bitcoin Cash Dev Tax Still Might Go Live Despite Roger Ver Revokes Support

Bitcoin.com, an operator of a Bitcoin Cash (BCH) mining pool, said it will not support the so-called “dev tax” and will be working on another plan. However, some developers warn that the “dev tax” might still be implemented. “The dev tax is wounded, but not dead,” developer Peter Rizun, who is against the proposal, told…
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Bitcoin Price Rallies to Set a 2020 High Near $9.5K – Is $10K Next?

Bitcoin price continues to rally higher as bulls launched a high volume assault on the $9,500 resistance level today. Bitcoin (BTC) price has rallied to $9,439 and bulls have again shown that they have no intention of letting the crypto market’s most valuable asset stay below the $9K mark.  Bitcoin daily price chart. Source: Coin360…
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Israeli Regulators Request Feedback to Foster Blockchain Innovation

The Israeli Securities Authorities seeks public input to identify pain points in blockchain regulation and identify clear advantages to the sector’s development. The Israeli Securities Authority (ISA) has issued a Jan. 20 Request For Information to identify potential regulations that prevent the development of blockchain-based ventures in the country. In addition, the regulator seeks to…
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Buy the Pump, Sell the Dump — Does Momentum Investing Work in Bitcoin?

It can only go up: buying the currency that gained the most in price today will likely lead to a greater cumulative return than buying the dip, data shows. Since the start of the year, Bitcoin (BTC) price has been as high as $9,200 — a 2-month high — while going as low as $6,900…
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