Tag Archives: AA News

Bitcoin’s been on a downtrend lately. The price dropped from around $8,700 to its current level of $6,700, losing more than 20% in a few days. However, despite the overly negative sentiment lurking amid the cryptocurrency community, good news might stem from the fact that institutional interest seems to be on the rise. Bakkt, the Bitcoin futures trading platform geared for institutions, sees a continuously increasing volume.Interest In Bakkt Bitcoin Futures Picking UpBakkt is the Bitcoin...

Sunday seemed somewhat optimistic as Bitcoin was finally in the green after days of red candles. Even though there was a blunt sense of relief in the community – it didn’t last long. Before the bulls had a chance to return, the bloodbath continued today with even more losses.Today, Bitcoin’s price dropped down to $6,500 before recovering a bit to its current point at around $6,700. The cryptocurrency is down by 7% in the past 24 hours. The situation looks even worse over the past ten days....

The controversy around Bitfinex and Tether continues. Apparently, the company is under legal attack as yet another “copycat” class action lawsuit has been filed against it with the US District Court for the Western District of Washington.Bitfinex Responds Against A Mysterious ComplaintAccording to an official statement, “mercenary” lawyers continue to attack Bitfinex and Tether and they have filed a class-action lawsuit against the company with the US District Court for the Western District...

Bitcoin’s price has continuously been a subject of numerous predictions. Some proponents expect new all-time highs within the next few months, while others take the opposite stand, foreseeing the cryptocurrency’s demise. Naturally, a lot of the predictions seem quite far-fetched, but some well-known and reputed analysts think that Bitcoin might go to $5,000 before 2020.Bitcoin’s Price On A Bearish TrajectoryFor starters, a leading cryptocurrency market analyst, Credible Crypto, recently...

Bitcoin’s price has continuously been the subject of numerous predictions. Some proponents expect new all-time highs within the next few months, while others take the opposite stand, foreseeing the cryptocurrency’s demise. Naturally, a lot of the predictions seem quite far-fetched, but some well-known and reputed analysts think that Bitcoin might go to $5,000 before 2020.Bitcoin’s Price On A Bearish TrajectoryFor starters, a leading cryptocurrency market analyst, Credible Crypto, recently...

We live in a paradoxical world in that it is both expanding and shrinking at the same time. The rise of high-speed internet allows us to instantly communicate across the globe, stream movies and TV shows, shop from the comfort of our couch, dig through the archives of famous museums and libraries, and watch events in other countries unfold in real-time. The flip-side of such openness is that a small number of corporations are increasing their stranglehold on how we live our lives. As such,...

News broke out two days ago that Binance’s Shanghai office has been raided by local police and has shut down consequently. The CEO of the cryptocurrency exchange, Changpeng Zhao, has since refuted the claims, while also saying that it’s FUD of the kind that damaged Bitcoin’s price in the past couple of days.Binance To Sue The Block Media OutletCryptocurrency news media The Block reported on November 21st that the Shanghai office of Binance has shut down because it has been clamped down by...

Yesterday, Bitcoin’s price went through a serious decline, losing more than $550 of its value in a matter of hours. Today, news from China came that the country’s views on cryptocurrencies remain unchanged and that they are, in fact, illegal. Almost immediately after that, Bitcoin lost another $500, marking a 6-month low.China Clarifies: Cryptocurrencies Are IllegalA few weeks ago, China’s president, Xi Jinping, urged the country to get more involved with blockchain-based technologies....

The Intercontinental Exchange (ICE) announced today that its Bitcoin Futures trading platform, Bakkt, will be launching a cash-settled contract. Starting from December 9th, they will be listed on the ICE Futures Singapore. It’s interesting to see how and if this will have an impact on Bitcoin’s price, given what has happened before.Bakkt Futures Contract on ICE SingaporeICE, the owner of the New York Stock Exchange (NYSE), revealed the upcoming launch earlier today. Bakkt’s cash-settled...

More and more Bitcoin ATMs are popping up across the world and sometimes they become a target of wrongdoers. A couple of thieves recently robbed a Bitcoin ATM in Canada. They took around $3,000 out of the machine and what is more interestingly – forgot to take the remaining $37,000.Bitcoin ATM Robbery In CanadaThe place of the heist was a local food market in Vernon, British Columbia, Canada. Apparently, two thieves decided that the Bitcoin ATM is a valuable target, and as per the reported...