Crypto news

It looks like the love and hype surrounding a bitcoin exchange-traded fund (ETF) hasn’t dissipated completely. A gold fund company has gone crypto and is now developing a new bitcoin ETF that’s currency being reviewed by the Securities and Exchange Commission (SEC).Is Another Bitcoin ETF Heading Our Way?The company bringing the ETF proposal this time around is Kryptoin, a gold-based enterprise situated in Delaware. At the head of the operation is the Jason Toussaint, the former managing...

Well, it looks like bitcoin’s fall to $7,400 yesterday was no fluke. It was reported that the currency was potentially moving back up the financial ladder after its initial drop, though now it seems like it has fallen back into the $7,400 range, and many are wondering if bitcoin has what it takes to gain further momentum.Bitcoin Is in Hot Water All Over AgainThe last month has been extremely difficult for the world’s largest cryptocurrency by market cap. Things initially got ugly in late...

Well, here’s something we thought we’d never hear from Mark Zuckerberg. He’s willing to comply to the fullest extent, it seems.Is Zuckerberg Ready to Throw in the Towel?Yesterday, the Facebook CEO had the heat laid on his shoulders by members of the U.S. Congress. It appears that many are simply not happy with how Libra has handled itself, and don’t trust Zuckerberg or his team to adhere to the “appropriate” financial goals. This includes blocking attempts at money laundering and other...

A Venezuelan man has used the bulk of his bitcoin savings to pay the medical costs of his son’s birth. Many consider adequate healthcare a universal human right but only few in the inflation-ridden country can actually afford it. José Rafael Peña, a materials engineer from Caracas, outlined the payment process which took a day to clear and gave his son the best possible start at a new life. It also bolstered the case of bitcoin as a superior medium of exchange than gold: “But...

After Wednesday’s crypto crash that left bitcoin trading at the $7,500 level, many investors never thought they’d see this kind of buying opportunity again. Now market leaders are predicting that the BTC price could have further to fall before regaining its upward momentum alongside improving fundamentals, which if they’re right could play out before the end of the year. Still the bitcoin price downturn has taken a toll on sentiment in the crypto market. As a veteran trader, bitcoin...

It has become known that in less than 2 months, Bakkt will introduce its regulated options contract for Bitcoin futures by December 9, 2019.  According to the blog post published by the company,  for the launch of these BTC options, Bakkt will use its Monthly Bitcoin Futures contracts.This will be a major milestone for Bakkt driving further the institutional participation in the crypto market. Bakkt CEO Kelly Loeffler made the announcement today. In a blog post, she wrote:“We’re committed to...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe US authorities could influence the BTC rateOpera has started supporting the BTCOn W1, the Bitcoin keeps developing a downtrend inside the previous channel. The quotations have neared another target level of 61.8% ($7215.00) Fibo. Upon reaching this level, the quotations will be heading for 76.0% ($5700.00). However, the main goal of the mid-term wave is the long-term minimum of $3121.90.The last...

Photo: Binance / TwitterBinance, easily the world’s largest cryptocurrency exchange platform, has announced today that it has opened deposits for users in Nigeria, to easily trade cryptocurrencies, using the Nigerian Naira (NGN). Binance has stated that deposits are immediately open for users to directly use the NGN to buy and sell select digital assets. This new feature was made possible through a partnership with the Nigerian payment technology company, Flutterwave.According to an...

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The AT&T-backed CNN is allegedly working to found its own news aggregation service that allegedly would be something similar as is Apple News and Apple News+.The project dubbed “NewsCo” will compete with the already existing Facebook‘s and Apple’s domination by offering its consumers one more venue where they can get all possible information both local and global, together with its existing web and broadcast operations.For now, twelve engineers and other executives are working on this...