Home / Market

Market

These iAngels Are Bringing New Heavyweights Into Bitcoin Investing

A former lawyer, software engineer and Wall Street veteran walk into a bar. By the time they leave, everyone there is jazzed about bitcoin. That’s how the three founders of the Israeli investment platform iAngels are promoting crypto adoption, by working with blockchain startups to secure investment and educating traditional …

Read More »

New York Amongst 13 States Excluded as Binance.US Opens for Registrations

The U.S. arm of cryptocurrency exchange Binance is opening for registration and deposits on Wednesday. The platform will go live supporting just six cryptocurrencies initially – bitcoin, (BTC), ether (ETH), XRP, bitcoin cash (BCH), litecoin (LTC) and the tether stablecoin (USDT). The platform expects more to be added in “coming …

Read More »

Ether, XRP Rise to 1-Month Highs Whereas Bitcoin Falls

Demand for alternative cryptocurrencies has seen their performance rise over the last 24 hours despite bitcoin’s (BTC) failure to take another leg up. It raises the question as to whether the “alt season”, a period where alternative crypto sees considerable growth regardless of BTC’s performance, is finally here. Ether (ETH) …

Read More »

Binance Makes Strategic Funding in Chinese language Crypto Media Agency

Cryptocurrency exchange Binance, the world’s largest by trading volume, has made a strategic investment in Chinese media and data source Mars Finance. According to a report from Bloomberg citing a press release, the investment amount was not disclosed, but values the company at $200 million. Aside from Binance, which reportedly …

Read More »

OKEX Korea Drops 5 Privateness Cash Citing FATF Guidelines

Regulatory pressure on cryptocurrency exchanges to stop providing users with access to so-called privacy coins is growing. The South Korean arm of the Malta-based OKEX exchange announced early on Monday that it is to delist five cryptocurrencies that provide extra privacy features for users. From Oct. 10, the exchange will …

Read More »

What Bitcoin’s Valuation Says About Its Volatility

Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. For a …

Read More »

Bitcoin Value Indicator Could Sign Subsequent Leg Greater

History looks to be repeating itself in the bitcoin market, as a key indicator’s bullish turn could mark the beginning of the next meteoric price rally. The world’s most valuable cryptocurrency’s price action seen over the last eight months is very similar to the moves seen in 2015, according to …

Read More »

Rebranded TrueDigital Companions for ‘Imminent’ Launch of Bitcoin Derivatives

Institutional digital assets platform Tassat, formerly known as trueDigital, has teamed up with trading software provider AlgoTrader in the run up to its launch of cryptocurrency derivatives. The deal will see Tassat provided access to AlgoTrader’s institutional clients for the planned derivatives instruments. Meanwhile, those clients will benefit from being able to incorporate …

Read More »

UK Regulator Grants CME’s Bitcoin Index Supplier EU Benchmark License

CF Benchmarks has become the first cryptocurrency index provider to be recognized as a Benchmark Administrator under the European Benchmarks Regulation (EU BMR). The U.K.’s Financial Conduct Authority (FCA) authorized CF Benchmarks as an administrator on Friday, affirming that financial institutions can use the company’s indices in any European financial …

Read More »

CME Seeks to Double Month-to-month Bitcoin Futures Buying and selling Restrict to 10Okay BTC

The Chicago Mercantile Exchange (CME Group) wants to let futures traders make even bigger bets on bitcoin. CME announced its intention to increase in the so-called spot month position limit for its bitcoin futures contracts in a letter to the U.S. Commodity Futures Trading Commission (CFTC) Thursday. The limit would …

Read More »

Huobi Plans Backdoor IPO Try in Hong Kong, Doc Suggests

Cryptocurrency exchange Huobi appears to be inching towards a reverse initial public offering (IPO), according to a document posted with Hong Kong Stock Exchange (HKEX). In the filing, dated Sept. 10, Hong Kong-listed electronics manufacturer Pantronics Holdings Limited, acquired by Huobi last August, disclosed it will change its name to Huobi …

Read More »

Kakao’s Klay Cryptocurrency to Make First Alternate Itemizing

South Korean messaging giant Kakao’s “klay” token – the native cryptocurrency of its recently launched Klaytn blockchain – is soon make its first official exchange listing on Upbit’s platform. Ground X, the firm set up by Kakao to develop the Klaytn network, announced the news in a Medium post on Sept. …

Read More »

Historical past Favors the Bulls as Bitcoin Trades Sideways at $10Okay

View Bitcoin’s long-term bullish bias remains intact, with prices holding well above the historically strong support of the three-day chart’s 55-candle exponential moving average (EMA), currently at $8,972. The line served as a strong base in the 2016–2017 bull market. A bullish falling-wedge breakout on the 4-hour chart looks likely …

Read More »

Binance to Record Its New Greenback-Backed BUSD Stablecoin Subsequent Week

Binance’s new dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will be made available for trading on the cryptocurrency exchange as of Sept. 16. Announced on Thursday at CoinDesk’s Invest: Asia conference, Paxos co-founder Rich Teo said: “We minted out first batch of Binance U.S. dollars. It …

Read More »

Bear Lure? Bitcoin Value Dips Under $10Okay on Low Volumes

View Bitcoin’s drop from $10,949 to $9,855 (Wednesday low) may be a bear trap, as selling volumes have dropped throughout the price pullback. A widely-tracked 4-hour chart indicator is reporting a bullish divergence and the daily candlesticks are signaling seller exhaustion. BTC could rise above $10,270, confirming a falling wedge …

Read More »

Bakkt to Require $three,900 Down Cost on Bitcoin Futures Contracts

Bakkt has officially revealed the initial deposits its customers will have to make to margin trade its bitcoin futures products. In a new notice posted Tuesday, ICE Futures U.S. – the actual futures exchange Bakkt’s contracts are trading on – announced the initial hedge and speculative requirements for customers, as well …

Read More »

Acuitas, Arrington XRP Capital Again $14.5 Million Sequence A for CasperLabs

CasperLabs, a startup building an open-source blockchain platform aimed to achieve scale without sacrificing decentralization, has raised $14.5 million in a Series A funding round. The round was led by financier Terren Piezer – known as the “Zelig of Wall Street” – via his personal holding company, Acuitas Group Holdings. Arrington XRP …

Read More »

Bitcoin Consolidates Above $10.2K After Failed Worth Breakout

View Bitcoin’s hourly chart shows that yesterday’s falling-wedge breakout failed, but the outlook remains neutral with prices holding well  above key support at $10,060. A break below $10,060 would strengthen the bearish setup on the daily chart and could yield a drop to $9,755 (Aug. 22 low). The outlook would …

Read More »

Gemini Launches Custody for 18 Cryptos Together with Bitcoin, Ether, Enjin and Extra

Gemini is launching an institutional-grade crypto custody solution, the exchange announced Tuesday. Through the Gemini Trust Company, a regulated custodian overseen by the New York Department of Financial Services (NYDFS), the Winklevoss-backed exchange now offers “Gemini Custody,” a platform which would enable clients to trade assets instantly by offering them …

Read More »

Nasdaq Lists New Decentralized Finance Index Together with MakerDao, 0x, Augur

Nasdaq has added a new index that aims to offer the markets information on blockchain projects working in the decentralized finance (DeFi) space. Called Defix, the index was launched by the London-based Exante brokerage – an early mover in the crypto industry that launched a bitcoin fund in 2012. Offered as …

Read More »