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NASDAQ-Listed MicroStrategy Buys $175 Million More Worth Of Bitcoin

September 15, 2020 , , , , , , , , Eddy 0

The NASDAQ-listed company providing business intelligence and mobile software MicroStrategy has added $175 million worth of Bitcoin to its portfolio. The addition comes just a month after the firm purchased $250 million of the primary cryptocurrency. MicroStrategy Doubles Down On Its Bitcoin Accumulation As CryptoPotato reported a month ago, the Virginia-headquartered company developing software to […]

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Bullish For Bitcoin Price? Indicators on BTC Futures and Options Turned Green

Bullish For Bitcoin Price? Indicators on BTC Futures and Options Turned Green

September 15, 2020 , , , , , , , , Eddy 0

Bitcoin buy liquidations on BitMEX surpassed twice the volume of sell liquidations. And with aggregated open interest and daily volumes ticking higher, Bitcoin futures markets are looking bullish. Options markets have not stayed back either on the ‘being bullish’ front.’ Could this mean that traders are going long on BTC? Will the top cryptocurrency make […]

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CFTC Filed a Complaint Against Operators of an Alleged $1 Million Bitcoin Investment Scheme

September 15, 2020 , , , , , , , , Eddy 0

The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against four individuals for defrauding investors of $1 million through an alleged Bitcoin investment scheme. Dubbed Global Trading Club (GTC), it operated as a BTC trading robot for over a year. CFTC Goes After GTC’s Members The Commission’s statement named the four people […]

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The Explosion of Bitcoin Price Defines Crypto As A Source Of Higher Gains Amidst Global Market Uncertainty

August 18, 2020 , , , Eddy 0

The cryptocurrency market has been through an unexpected boom throughout the past few months, despite the coronavirus cases taking back with an increasing pace around the globe. Since the start of the year, the price of both ETH and BTC, the most popular cryptocurrencies, went up 200% and 65% correspondingly, which also pushed the network […]

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“Actual” Total Value Locked in DeFi is Only About 50% of Reported Value: Analyst

August 18, 2020 , , , , , , , , , , , , , Eddy 0

Reportedly, the recursive compounding of collateral on different DeFi project using the same initial capital tends to inflate the value locked in DeFi by almost 50%.  Data analytics websites reporting the ‘total value locked’ in DeFi, determine the value by analysing individual projects. However, the ecosystem has remarkable interoperability. DAI loaned in one project is […]

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How Fast Can Bitcoin [BTC] Reach $13,000 as FOMO Ensues?

August 18, 2020 , , , , , , , , , , , , , , Eddy 0

Bitcoin [BTC] has broken out above $12,000 for the third time this year after a long built of anticipation. Confirmation of current levels for the digital currency targets $13,000 next. And, it could be approaching fast.  The Day of the Break-out? According to leading derivatives trader, Tone Vay’s technical view, the price is very bullish […]

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Why Bitcoin [BTC] Price May Surge In Early September 2020?

August 18, 2020 , , , , , , Eddy 0

Ex-prudential CEO George Ball in a recent interview explained why he thinks wealthy investors and traders will invest in Bitcoin post this labor day. Historically US holidays have impacted the bitcoin price positively and after George’s revelation all eyes will be on September 7th, labor day 2020. Labor Day to Mark Entry Of Wealthy Investors […]

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First Of Many? NASDAQ-Listed Company Buys $250 Million in Bitcoin as Inflation Hedge

August 11, 2020 , , , , , , , , Eddy 0

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to […]

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Tezos To New ATH Above $4.4 While Bitcoin Fails at $12,000 Again

Tezos To New ATH Above $4.4 While Bitcoin Fails at $12,000 Again

August 11, 2020 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to […]

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Bitcoin [BTC] Flash Drop Adds Another $500 Million to Tether [USDT] Supply

Bitcoin [BTC] Flash Drop Adds Another $500 Million to Tether [USDT] Supply

August 10, 2020 , , , , , , , Eddy 0

Another effort by Bitcoin [BTC] bulls to surpass $12,000 gets rejected with a flash drop to lows at $11,500. According to Datamish, the move liquidated $30 million in Bitcoin longs.  Nevertheless, the market is witnessing a quick reversal to $11,950 looking to break resistance around $12,000. The trader sentiments are bullish despite the drop. It […]

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