With Bitcoin’s price increase in 2020, so does the interest in futures trading. A few days ago, for instance, CME recorded one of its best trading days with over $1 billion in daily volume.Other significant names in Bitcoin Futures trading, including BitMEX and Binance, are also noting impressive volumes lately.CME Bitcoin Futures Volume SpikesThe Chicago Mercantile Exchange (CME) opened its Bitcoin Futures platform in late 2017. It’s a regulated establishment that allows contracts to be...
Read More »Randal Quarles: We Don’t Understand Enough About Crypto and Stable Coins
Randal Quarles – the chair of the Financial Stability Board and U.S. Federal Reserve governor – believes that nobody is taking bitcoin and other cryptocurrencies seriously enough, which could potentially bear harsh consequences for the world’s many banks.Randal Quarles – People Need to Wake Up When It Comes to CryptoQuarles points to things like Libra and says that this cryptocurrency and others like it are signs that the financial space has changed extraordinarily over the past year alone....
Read More »Cash Of The Future? The Simpsons Use Jim Parsons To Explain Cryptocurrency And Blockchain
Cryptocurrencies and blockchain recently received significant mainstream exposure. One of the most popular TV Shows, the Simpsons, ran a whole segment about both. It explained in a simple language their features and purpose, and referred to cryptocurrencies as “cash of the future.”Cryptocurrencies On the SimpsonsThe Simpsons is one of the longest-running television shows in the world. Starting in December 1989, it has since captured the hearts of millions of fans globally. Naturally, to be on...
Read More »Report: 11% Of All Bitcoins Is Held In Whale Addresses
Bitcoin’s total supply gets distributed among more addresses as its network matures over time. At the same time, some notable altcoins have up to 95% of their total supply held by several large addresses.This information came from a report gathered by the popular monitoring resource – coinmetrics. By examining numerous variables of data, the paper outlines the wealth distribution of some popular cryptocurrencies.BitcoinNaturally, the report begins with the largest cryptocurrency by market...
Read More »Ripple Price Analysis: XRP Finds Fresh Bullish Momentum Climbing Towards $0.30
XRP increased by a small 3% over the past 24 hours as it rebounded at $0.27 to climb back above $0.28.This price increase is driven by Bitcoin making its way back toward $10,000.Against Bitcoin, XRP reversed at 2820 SAT as it battles to climb back above the 100-days EMA.Key Support & Resistance LevelsXRP/USD:Support: $0.27, $0.265, $0.26.Resistance: $0.289, $0.3, $0.31.XRP/BTC:Support: 2800 SAT, 2710 SAT, 2650 SAT.Resistance: 2900 SAT, 3000 SAT, 3115 SAT.XRP/USD: Ripple Reverses At $0.27...
Read More »Bitcoin Meetup à Liège
« Pour ce rendez-vous, on va boire un verre et discuter de l’actualité du Bitcoin et des crypto-monnaies en général. Donc pas de présentation mais des échanges d’informations et du réseautage. » Où ? – Au Seven Bar, 20 rue Souverain Pont à Liège. Quand ? – Mercredi 26 février 2020 de 19 h à 21 h En savoir plus : meetup.com
Read More »Trace Mayer Explains the Importance of Proof of Keys
Proof of Keys was a concept first introduced by Satoshi Nakamoto, the legendary figure behind the birth of bitcoin, but it’s now being promoted further by the likes of Trace Mayer, the host of the “Bitcoin Knowledge” podcast.Mayer: Proof of Keys Is What Keeps BTC in the Hands of the PeopleFirst discussed when bitcoin was released to the public over ten years ago, the concept behind proof of keys involves getting rid of all the trust issues in the monetary space by having people interested in...
Read More »Square and Tik Tok Tell Young People About Crypto
Square is utilizing the new video-sharing app Tik Tok to spread the word to young people about bitcoin and cryptocurrency.Square and Tik Tok Work to Make BTC MainstreamSquare is run by Twitter CEO Jack Dorsey, who has always been a huge advocate of BTC. In the past, Dorsey has stated that bitcoin could become the world’s “single” cryptocurrency, and in 2018, stated that this was likely to be the case within a period of ten years.He has also commented that bitcoin is on the verge of becoming...
Read More »Man Sees 55 Million Pounds in BTC From Marijuana Business Get “Burned”
Imagine you run an illegal business in which people pay for your marijuana with bitcoin and other forms of crypto. Where would you hide all that money? Where would you put it?Marijuana and Bitcoin Don’t Always Go TogetherClifton Collins in Ireland recently found himself facing this dilemma. Collins garnered as much as 55 million pounds in bitcoin units from an illegal cannabis business he had been running for as long as 15 years. All these bitcoins came with specific codes that would allow...
Read More »Privacy Coins Are Used By Criminals And It’s A Good Thing, Says John McAfee
Famous American entrepreneur and cryptocurrency proponent, John McAfee, recently spoke of the implementation of privacy coins. He believes that criminals are using them because of their technological value, and authorities cannot keep up.Privacy Coins Used By Criminals: McAfeeAside from being a successful businessman, John McAfee is also a well-known Bitcoin proponent. Until recently, at least, when he changed his stance towards the largest cryptocurrency. He went from a bold $1 million...
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