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Bakkt’s Parent Company ICE Approaches eBay With $30 Billion Takeover Offer

As of yesterday, February 4th, 2020, a multi-billion-dollar turn of events has just taken place in the international headlines.According to a recent post by the Wall Street Journal, Intercontinental Exchange Inc. (ICE), the owner of the New York Stock Exchange (NYSE) and Bitcoin futures trading platform Bakkt, has approached eBay with a purchase offer, valuing the online marketplace at a staggering $30 billion.As stated in the WSL’s post, “ICE may see an opening to apply its technological...

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Twitter Unveils New BTC-Based Emoji; Will the Trend Catch On?

Jack Dorsey – the CEO of Square and Twitter – has debuted a new bitcoin emoji, and many people in the crypto community couldn’t be more excited.Jack Dorsey Gives Rise to the BTC EmojiDorsey has always offered praise to bitcoin and cryptocurrency in general. In 2018, he stated that bitcoin was likely to become the world’s single currency in approximately ten years. In addition, he is about to embark on a three to six-month tour of Africa, in which he will work to bring bitcoin and the power of...

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More Stores Are Accepting Bitcoin, But Are Customers Still Scared to Use It?

One of the biggest problems surrounding bitcoin has to do with the fact that it isn’t used much as a method of payment. According to new statistics from top crypto exchanges, this may be changing.More Merchants Are Accepting BitcoinTwo cryptocurrency trading platforms – Coinbase and BitPay – show that more merchants are utilizing bitcoin and cryptocurrencies. BitPay, itself, processed more than $1 billion in transactions in which the world’s leading form of crypto was utilized as a method of...

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BitGo Introduces Instant Bitcoin Trading To Institutional Clients, First $100,000 Trade Already In

The California-based digital asset management company, BitGo, now offers instant trading services to its institutional clients.The new feature comes as a result of BitGo’s partnership with a company providing unified digital asset trading infrastructure, SettleBit.BitGo Offers Trading From Its Cold StorageBitGo is a digital asset financial service company operating with institutional investors. Aside from managing over $2 billion in cryptocurrency assets through its custody service, the firm...

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This Year Boasts Highest January Numbers for Bitcoin Since 2013

January 2020 has come and gone, and the month has sparked new highs for bitcoin.January Was a Great MonthWell, not necessarily highs, but this is the best January for bitcoin in roughly seven years. CNBC reports that since 2013, January numbers have never been particularly praiseworthy, though these past 30 days are something to get excited about.The digital currency rose as much as 29 percent during the first month of the new year, spiking in overall market cap by just shy of $40 million. In...

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250% In 3 Months: Tesla (TSLA) Is Now More Overbought Than Bitcoin Back In 2017’s Crypto Bubble

Tesla is undoubtedly one of the most exciting and innovative companies to watch, especially in the past few months. Since October, its stock price has skyrocketed, surging upwards than 250%. However, technical indicators suggest that, currently, TSLA is more overbought than Bitcoin back in 2017’s cryptocurrency bubble.Tesla’s Impressive PerformanceTesla is a well-known and innovative American automotive and energy company that’s based in Palo Alto, California. It specializes in manufacturing...

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Bitcoin Price Pump Poised to Continue as Confirmed Coronavirus Cases in China Cross 20,000

Bitcoin (BTC) is having a field day as it seems to be enjoying the outbreak of the deadly coronavirus. As fear and uncertainty because of the virus continue to spread, the adverse effects are being felt by several businesses. The world’s financial markets also suffered a crash and even oil stocks are continuously crashing. However, the Bitcoin network is experiencing the direct opposite.Bitcoin and the CoronavirusThe relationship between Bitcoin and the coronavirus is a very interesting one....

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Altcoin HODLers: 50% Of Crypto Traders Hold Mainly Altcoins Over Bitcoin, Survey Finds

The recent price increases in various altcoins have made their mark on the community. According to two recent surveys, traders have allocated serious portions of their portfolio in cryptocurrencies other than Bitcoin.Majority Believes In AltcoinsA popular cryptocurrency analyst conducted a Twitter poll where he asked the community members how much they are involved in altcoins.How exposed are you to ALTs right now?— Loma (@LomahCrypto) February 4, 2020More than 8,000 people voted in the poll,...

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XRP Price Is Stable as BitMEX Launches XRPUSD Perpetual Swap

BitMEX is the largest exchange offering cryptocurrency derivatives, according to some outlets. Users will get one more trading opportunity on 5 February 2020, 04:00 OTC. The XRP swaps will be available, with the coins traded against USD with up to 50x leverage. It is said in the BitMEX announcement from 4 February 2020. Per the announce:“Symbol: XRPUSDExpiry Date: PerpetualBitcoin Multiplier: 0.0002 XBT (20,000 Satoshis)XBT Contract Value: XRPUSD Price * Bitcoin Multiplier (20,000...

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Bitcoin SV Completes Genesis Hard Fork: Removes Default Hard Cap For Block Sizes

Bitcoin Satoshi’s Vision (BSV) is one of the most well-known and controversial projects in the cryptocurrency space. The self-proclaimed Satoshi Nakamoto, Craig Wright, is one of its biggest proponents. The network has now completed the planned Genesis hard fork. It’s intended to bring BSV’s blockchain closer to the original Bitcoin protocol, which was released back in 2009.Bitcoin SV Genesis Hard Fork Goes LiveThe Genesis upgrade on BSV’s blockchain took place at block 620,538, making it the...

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