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Bullish for Bitcoin: JPMorgan tells investors BTC is the next big thing

October 25, 2020 Bitcoin, BTC, News Eddy 0

JPMorgan presents a bullish outlook for Bitcoin as BTC gains importance as version 2.0 of gold. Bitcoin market capitalization must increase 10 times to match that of gold. Bitcoin seems to be following a similar upward trajectory to that of 2017, when it reached an all-time high in price at $20,000. Currently, the first cryptocurrency […]

Analyst: ‘incredible amounts’ of Bitcoin buying underway – new all time high coming?

October 25, 2020 Bitcoin, BTC, News Eddy 0

Willy Woo points out that a Bitcoin indicator is showing bullish signals and concludes that BTC is undervalued. Bullish sentiment recorded by Santiment firm is at FOMO levels and could precede a fall in the BTC price. Bitcoin probably closes one of its most important weeks of the year. After months of growing adoption that […]

‘Oracle’ Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 Days

October 25, 2020 $12k handle, 2016, Bitcoin, BTC, BTC Dominance, BTC Price, Dominance, Featured, fiat inflow, Forecasts, Hashrate, Lingham, Luminaries, Max Keiser, oracle, Price, price predictions, Vinny Lingham Eddy 0

Four years ago, Vinny Lingham predicted bitcoin’s bull run and a number of bitcoiners have referred to him as the “oracle.” On Twitter, Lingham is once again giving his predictions on bitcoin’s future prices. He’s also noted this month that he’s “bullish on bitcoin” and hasn’t felt this way since 2016. The former CEO of […]

CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto

October 24, 2020 Bakkt, Binance, Bitcoin, Bitcoin Deravitives, Bitcoin Futures, Bitcoin markets, Bitfinex, BitMex, BTC, ByBit, Chamath Palihapitiya, Chicago Mercantile Exchange, CME Group, Coinflex, deribit, Finance, FTX, Huobi, kraken, Okex, skew, Skew.com Eddy 0

The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile Exchange (Bitmex) open interest for bitcoin futures has taken a […]

Bitcoin outperforms S&P 500 by 1,600% and is world’s best collateral

October 24, 2020 Bitcoin, BTC, News Eddy 0

Paul Tudor Jones declares Bitcoin a better asset against inflation. BTC ranks 1,600% higher than the S&P 500. Michael Saylor reiterates MicroStrategy’s intention to keep Bitcoin for a century as part of its strategy. The institutional interest in Bitcoin (BTC) is at a turning point. Industry experts predict a further increase in the adoption of […]

New project considered as next-generation Bitcoin or Ripple (XRP)

October 24, 2020 Bitcoin, BTC, News, Ripple, XRP Eddy 0

XDC token has been created as a new generation of Bitcoin or XRP, but with a more friendly approach to regulation according to Cordite CEO. The supply of XDC may be increased by a vote of the Cordite Society members. A new cryptocurrency has entered the ecosystem. Launched on October 20 on the Corda public […]

CME quietly surpasses BitMEX to become second-largest bitcoin futures exchange

October 23, 2020 Binance, Bitcoin, Bitcoin Futures, BitMex, BTC, CME, CME Group, Okex Eddy 0

CME Group, a regulated bitcoin futures trading platform, has quietly become the second-largest player, surpassing Binance and BitMEX. Yesterday, CME recorded an open interest of $790 million as compared to $718 million by Binance and $601 million by BitMEX, according to The Block Research. Open interest in the value of outstanding derivative contracts that are […]

Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring

October 23, 2020 150 executives, accelerate, Bitcoin, BTC, Compliance, crypto, crypto industry, Cryptocurrency, DCG, DCG Study, DCG survey, decentralized finance, DeFi, Digital Assets, Digital Currency Group, ETH, Ethereum, News, Regulation, report, Stablecoins, Startups, study Eddy 0

Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have seen outperforming start-of-year projections. The state of the cryptocurrency industry […]

Bitcoin (BTC) Outperforms Stocks by Over 3X In 2020

October 23, 2020 Bitcoin, Bitcoin News, Bitcoin vs gold, Bitcoin vs stocks, BTC, gold, News, stock market Eddy 0

Over the last few months, global investors have been largely celebrating their gains in the U.S. stock market. The tech sector has outperformed the indices, especially some of the top tech companies like Amazon, Apple, Alphabet, Microsoft, etc. However, when compared to the top-three indexes in the U.S. stock market, Bitcoin overwhelmingly outclasses them in […]

Ripple CEO: China could manipulate and abuse Bitcoin blockchain

October 23, 2020 Bitcoin, Blockchain, BTC, News, Ripple Eddy 0

Ripple CEO Brad Garlinghouse has reiterated concerns that China could use the power of the miners to control and use Bitcoin to its advantage. He states that China has a huge technological advantage and could control the new financial system of the world. In a recent interview at this year’s DC Fintech Week conference, Ripple […]

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