Investing

Joseph Pierce August 25, 2018

[ad_1] Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR: Figure 1: BTC-USD, 1-Day Candles, Macro TR […]

Joseph Pierce August 16, 2018

[ad_1] Mobile payment company Square is expanding its bitcoin trading support to all 50 states through its Cash App. This means that residents in all corners of the U.S. can utilize the platform to purchase and sell the digital currency. The company was co-founded in 2009 by tech entrepreneur Jack Dorsey, who also heads Twitter. […]

Joseph Pierce July 26, 2018

[ad_1] The U.S. Securities and Exchange Commission (SEC) has postponed the review of Bitcoin ETFs proposed by investment firm Direxion Asset Management, as it needs more time to study the proposal before reaching a final decision. In the July 24, 2018, edition of the Federal Register, the SEC said it was postponing its decision on […]

Joseph Pierce July 17, 2018

[ad_1] Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.S. dollars per coin,” according to an official press release, and held in an account with Nevada-based Prime Trust, the same trust company that banks for […]

Joseph Pierce May 25, 2018

[ad_1] Frankfurt Stock Exchange parent company, Deutsche Boerse AG, appears to have begun work on technology that will allow them to offer their clients bitcoin and cryptocurrency-related products. In December 2017, regulators in the U.S. greenlit bitcoin futures trading for the CME Group and CBOE Futures Exchange, but since then, no major European exchange has […]

Joseph Pierce April 27, 2018

[ad_1] As institutional capital in the crypto space increases regularly, the need for blockchain technology and related enterprise support is at an all-time high, and several companies are working hard to provide both as the arena expands. One of those companies is Coefficient Ventures, a crypto fund set on financing blockchain systems worldwide. Thus far, […]

Joseph Pierce March 31, 2018

[ad_1] Hong Kong–based cryptocurrency trading platform OKEx announced on March 30 that it was rolling back on all futures transactions due to what executives deemed an “irregular sell-off.” The exchange issued the following statement on its support page: To prevent forced-liquidations due to price differences after the settlements in ‘bi-weekly’ and ‘quarterly’ futures contracts, we […]

Joseph Pierce January 20, 2018

[ad_1] Shortly after a sharp drop from the mid $14,000 to the lower $9,000s, bitcoin saw a strong bounce to the upper $11,000s. At the time of this article, bitcoin appears to be consolidating and is ready to make its next move: Figure 1: BTC-USD, 1 Day Candles, Macro View In the previous BTC market […]