Bitcoin

Jake Klein, CEO of Australian gold mining establishment Evolution Mining, has said that crypto price volatility will make gold a far more attractive proposition. Speaking to CNBC on Thursday, Klein argued that Bitcoin (BTC) is still ways away from offering the longstanding security associated with gold from a hedge investment perspective, despite Bitcoin’s returns outsizing

Bitcoin (BTC) prices briefly fell below $44,000 on Aug. 19 as the United States Dollar strengthened after the Federal Reserve policy minutes revealed their intentions to limit their bond-purchasing program this year. Bitcoin risks $45,000 becoming new resistance  The spot BTC/USD rate dropped 1.71% to a new week-to-date low of $43,955. The pair’s plunge appeared

Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration. Government Employees to Be Paid With

Columbia Investment Management Company president and CEO Kim Lew thinks that cryptocurrencies are here to stay.  “I think it will have profound effects,” she said in a recent interview, “There are many different avenues that it can go.” Lew explained that people could build many new things within the crypto ecosystem, such as stablecoins and nonfungible

To many people, the year 2020 will probably go down in history as one of the most consequential of the century. After all, it was the year when governments, health professionals, and business owners all seemed to have a common goal: stopping the spread of Covid-19 at all costs. Indeed, in a majority of the

Electron Cash, a leading bitcoin cash wallet, has implemented a new feature called Reusable Payment Addresses. While still in its testing stages, this feature is a tool that can be leveraged to acquire a deeper level of privacy for your transactions, due to how it detaches public addresses from payment history, giving Bitcoin Cash some

The United States is facing severe inflation despite the Federal Reserve and mainstream media doubling down on saying the loss of purchasing power is just “transitory.” This week consumer and producer metrics from July have been published by the U.S. Bureau of Labor Statistics and inflation is growing stronger. July CPI Stats Show a Jump

The high-flying optimism generated earlier this week when Bitcoin and altcoin prices rose was tempered on Aug. 12 as BTC dropped below $43,000. This led some analysts to warn that the price action seen over the past week was nothing more than a dead cat bounce.  Data from Cointelegraph Markets Pro and TradingView shows that

The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order to comply with the Securities and Exchange Commission’s EDGAR filing system. Neuberger Berman’s

Tuesday started with a bang after Poly Network was hacked for $610 million in funds in what appears to be the worst hack in the history of decentralized finance and the price of Bitcoin (BTC) dropped by by 2% to trade near $45,000.  Despite the severity of the hack, most altcoins are holding on to

The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed on a Number of

Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with criminality adds to this shared sense of skepticism. There is no denying that cryptocurrency has and continues to be used for illicit activities

The well known luxury auction house Christie’s has announced the company’s first non-fungible token (NFT) art sale in Asia on September 17. According to the announcement, the NFTs will feature Cryptopunks by Larva Labs, Meebits, and Bored Apes. Christie’s Reveals First NFT Auction in Asia Founded in 1766 by James Christie, the British auction house

Bitcoin’s (BTC) price rallied to a multi-month high at $43,231 on August 6 and this allowed the digital asset to break free of the trading range it had been stuck in since May.  Data from Cointelegraph Markets Pro and TradingView shows that after trading sideways through the early morning hours on Friday bulls staged a

On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights the protocol is now live on Polygon mainnet. Lazy.com Joins Polygon

Optimism from bulls is the leading sentiment of the day after Bitcoin (BTC) price made its way back toward the psychologically important $40,000 level. In addition to the reversal from this week’s local low at $37,500,  Gary Gensler, the chair of the United States Securities and Exchange Commission issued positive comments about the crypto industry and reaffirmed

On Tuesday, Bakkt Holdings revealed a partnership between the national quick-service restaurant (QSR) Quiznos. The company Quiznos is a brand based in Denver, Colorado, and the restaurants specialize in offering submarine sandwiches. According to the announcement, Bakkt and a Quiznos location in Denver will be launching a pilot that allows customers to purchase food with

Bitcoin (BTC) dropped back below $39,000 on Aug. 2, suggesting that short-term traders were booking profits after the price failed to close above $42,451.67.  However, lower levels could again attract buying as seen in late July. Data from Santiment showed that Bitcoin held on wallet addresses storing between 100 and 10,000 Bitcoin rose to a

As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top wallets (NFT collectors) that interact with NFTs on a regular basis. The analytics firm combed through 90 million ethereum wallets and found a number of big market players making moves in the NFT space.

Every trader aims to buy low and sell high, but only a few are able to muster the courage to go against the herd and purchase when the downtrend reverses direction.  When prices are falling, the sentiment is negative and fear is at extreme levels, but it’s at times like these that the inverse head