Bitcoin is becoming a force to be reckoned with in the global currency market as it’s already a part of the top 30 currencies. This sounds even more impressive when we take into consideration the fact that Bitcoin has only been around for a decade and it’s currently 50% down from its all-time high.Bitcoin on the Macro LandscapeThe graphic below reveals the M2 market supply of the largest currencies. This includes saving deposits, mutual funds as well as checking deposits and cash in...
Read More »Bitcoin Trading on ICE’s Bakkt Futures Platform Breaks $290,000 Barrier
Earlier today, Bakkt announced the live trading for its much-awaited Bitcoin Futures contracts. Bakkt Bitcoin Futures Contracts come with daily and monthly settlement periods along with its safe custodial solution called the Bakkt Warehouse.Bakkt Bitcoin Futures are now actively trading on ICE Futures U.S., while the Bakkt Warehouse continues to onboard bitcoinWe take our customers’ trust seriously, and are excited to serve this market— Bakkt (@Bakkt) September 23, 2019Bakkt entry to the...
Read More »Umfrage: Österreicher trauen Bitcoin noch nicht
Nach einer Umfrage der Bank ING sind die Österreicher in Bezug auf den Bitcoin am misstrauischten- ganz im Gegensatz zu den Türken, die nahezu euphorisch auf Bitcoin & Co reagieren. Umfrage unter 14’000 Teilnehmern Die ING Bank hat für die Umfrage 14000 Personen befragt – aus Europa, Nordamerika sowie Australien. Die unterschiedliche Krypto-Begeisterung kann für Nutzer, die bereits selbst voll in...
Read More »Neon: Schweizer Smartphone Bank erhält 5 Millionen um App fertig zu bauen. Wann kommt die Bitcoin-Funktion?
Smartphone-Bankinglösung neon erhält 5 Mio CHF in Round A-Finanzierung für weiteren Produktausbau Neon, die Zürcher Antwort auf Revolut und Transferweise hat erfolgreich die nächste Finanzierungsrunde in Höhe von 5 Mio. CHF abgeschlossen. Nach dem aufmerksamkeitsstarken Markteintritt finanziert das Start-Up den weiteren Produktausbau. Neben Lead-Investor Tamedia haben auch die Zürcher Backbone Ventures und verschiedene Altinvestoren in...
Read More »Is This Facebook’s First Step Towards Replacing the U.S. Dollar With Libra as Global Reserve Currency?
Reports indicate that the U.S. dollar will have the largest representation in the basket of currencies that will underpin Facebook's forthcoming Libra cryptocurrency, sparking renewed fears that the greenback's reserve-currency status will be upended by the social media network. Dollar Will Dominate Libra’s Basket of Currencies According to Spiegel Online, the U.S. dollar will make up half of the basket. The other currencies that will make up the rest of the basket are the euro (18%), yen...
Read More »London Outpaces New York in Fintech Sector, San Francisco Still Ahead of Both of Them
It seems that London has overtaken New York in the raising of finance for the global fintech sector or so it seems. According to CNBC, in terms of fundraising deals, the capital of the United Kingdom so far has raised about 114 deals worth about $2.1 Billion while the money City of the United States raised about $1.9 Billion figures show. The startup and venture capital hub San Francisco outpaced both cities with $3 Billion while Brussel in Belgium came a distant fourth with $881 Million and...
Read More »Bitcoin Creator Satoshi is ‘Already Dead’, Claims BitMEX CEO
Arthur Hayes, the CEO of BitMEX, the most widely utilized BTC margin trading platform, has opined Satoshi Nakamoto, the creator of bitcoin, is likely dead. “I think they’re already dead,” said Hayes about Satoshi, adding that he does not believe the identity behind the creator of bitcoin will ever be revealed. Satoshi is said to have 980,000 BTC, worth $9.716 billion based on the current value of bitcoin at $9,913. BitMEX CEO Arthur Hayes. | Source: Source: YouTube/BitMEXEarlier this year,...
Read More »Bitcoin wird in China wieder attraktiver
Seit Anfang 2019 ist ein Anstieg des Suchbegriffs Bitcoin in den großen chinesischen Suchmaschinen zu verzeichnen. So stieg auch der Kurs der Bitcoin seit Januar 2019 von 3’736 auf 10’000 US-Dollar. Chinese interest in bitcoin has been on the rise in 2019 (as measured by Baidu searches) pic.twitter.com/qWQDXjAWZT — Alex Krüger (@krugermacro) September 20, 2019 Bei eskalierenden Spannungen zwischen China und den USA und gefährdeten Handesabkommen, erhöht sich die Abfrage...
Read More »50% Of Total Bitcoins Is Subjected to Wash Trading, Report Suggests
Wash trading has always been a serious pressure point for the cryptocurrency markets. It might be slightly expected in such an unregulated market, however, the situation appears to get better according to a recent report. Since the beginning of the year, the percentage of wash trading among the top exchanges has dropped drastically with almost 36%, while Bitcoin’s wash trading volume is around 50%.What is Wash Trading?A single coin can be bought and sold with the sole purpose of providing...
Read More »‘The Business Blockchain’ Author Predicts $25k for Bitcoin, $1k for Ethereum by the End of 2019
Popular cryptocurrency evangelist and author of “The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology,” William Mougayar took to Twitter last week to make big and bold predictions for several cryptocurrency tokens; among them Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and others.In his extremely bullish prediction, he put Bitcoin’s price as at the end of the year to be $25,0000, Ethereum at $1,000, BNB at $50, EOS at $7 and even STEEM at $.50....
Read More »