Bitcoin (BTC)

Huobi Futures has just celebrated over $2.6 trillion in cumulative trading volumes since its launch just over two years ago. Its launch date was December 10, 2018 and ever since then, the trading platform has gone from strength to strength, now being considered one of the go-to places for derivitace product options. A constant look towards the future and a aim to expand its product options have helped its growth. For instance, USDT-margined Swaps, Coin-margined swaps and futures are among...

One of the leading cryptocurrency derivatives exchanges BitMEX has announced the completion of a significant upgrade on its custody system to improve transactions. The update will allow BitMEX to use Bitcoin Core to track users’ BTC deposits and withdrawals, the company said. Important UpdatesSince Bitcoin Core ZeroMQ notifications trigger the new architecture, deposits will be credited within a minute of the block confirmation, considerably quicker than before.According to the announcement,...

From the time it began Bitcoin mining operation in 2016, Fidelity has been working to bring the future of cryptocurrencies into the legacy world.Fidelity Investments CEO Abby Johnson revealed that it has become hard to track all the developments in the crypto sector since the previously discussed things are now turning out to be a reality at a fast pace. During an interview with Barron’s, Fidelity CEO says there has been an “incredibly successful” run around Bitcoin for the mutual fund...

Bitcoin price shows northward momentum owing to rising confidence among institutions. The institutional developments and money inflow in Bitcoin have triggered investor optimism in the market.After a strong correction last week, Bitcoin (BTC) reclaimed the price of $19,000 over the past weekend. At press time, Bitcoin (BTC) is trading at a price of $19,126 with a market cap of $355 billion. Market analysts are saying that the recent Bitcoin price movement fuels the sentiment of a bull market....

Jim Cramer, the host of the financial TV show Mad Money, has recently increased his bitcoin position by buying “nicely from the top.” He also advised investors who want to enter the BTC market to do it with caution and be aware of the asset’s notorious volatility.Cramer Doubles-down on BitcoinThe popular TV host changed his mind on bitcoin earlier this year, as he admitted on Anthony Pompliano’s podcast. He asserted that the actions undertaken by the US Federal Reserve during the COVID-19...

Stellar lumen price started a fresh increase from the $0.1500 support zone against the US Dollar.XLM price broke the $0.1650 resistance zone and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1640 on the 4-hours chart (data feed via Kraken).The pair could continue to rise if there is a clear break above the $0.1800 resistance zone.Stellar lumen price started a fresh increase above $0.1650 against the US Dollar, similar to...

After reclaiming the $19,000 bitcoin’s chances to break above $19,400 seem more likely. Most altcoins have slightly increased their value in a day, with Ethereum closing down to $600.Bitcoin Stays Above $19KFollowing last week’s roller-coaster that resulted in bitcoin dipping to $17,500 on two occasions, the primary cryptocurrency started to gain value during the weekend.CryptoPotato reported that the asset firstly overcame $18,000 before doing the same with the $19,000 level. In the past 24...

The American multinational investment bank, JPMorgan Chase & Co, believes that bitcoin has grasped the attention of institutional investors, and further purchases will follow. The giant bank highlighted the recent $100 million BTC buy from the insurance company MassMutual as a significant turning point.JPM: Institutions Are Yet To Double-Down On BTCThe global events that transpired following the COVID-19 outbreak rattled world economies. Whether this is the primary reason, or perhaps...

Everybody knows, at this stage, that the Winklevoss Twins – Cameron and Tyler – are big bitcoin fans. They have become crypto billionaires in recent years and have even started their own exchange in New York known as the Gemini Exchange. It was one of the first companies working in crypto in the Big Apple to obtain a Bit License, which shows you how serious they are about digital currencies.Tyler Winklevoss Explains His Thoughts on BTCRecently, Mr. Winklevoss sat down and commented about all...

A new study shows that approximately 67 percent of millennials think bitcoin is the ultimate “safe haven” asset, beating out gold and other precious metals.Millennials Really Love Their BitcoinThe digital currency first arose in 2008 during the time of the Great Recession. Many of today’s millennials likely spent part of their teen or pre-teen years watching the effects of this recession. They likely saw their parents get laid off their jobs despite years of loyal service. They might have...