Tag Archives: Cryptocurrency News

Peter Schiff is once again making apocalyptic bitcoin price predictions. This isn’t the first time the famous gold bug has sounded the alarm on the crypto market. Are crypto investors right to treat him like the boy who cried wolf? Peter Schiff has remained active on Twitter lately, chiming in on the Fed’s ballooning balance sheet and the sharp gold sell-off. However, another issue catching significant traction is his extremely bearish view on bitcoin. Peter Schiff: ‘Get Ready for the Dump’...

Decentralized finance’s (DeFi) meteoric rise has been accompanied by a slew of advances in financial technology, sparking a wave of P2P lending protocols and liquidity pools. The increasing competition of borrowing/lending, stablecoins, derivatives, and even cross-chain CDPs mark a new era in fintech innovation and have bred some intriguing externalities. Many DeFi lending protocols offer interest rates that are significantly more appealing than rates offered by banks and low-risk fixed...

Canadian crypto exchange CoinField has unveiled its top project Sologenic today at Malta AI and Blockchain Summit (AIBC), during the second day of the conference. CEO Bob Ras explained how Sologenic will merge traditional financial markets and crypto on the XRPL (XRP Ledger). Ras spoke exclusively to Coinspeaker at the conclusion of his presentation. Bob, you what was the key message that you delivered today in Malta about Sologenic?Bob Ras: If you look at the market size of stocks and ETFs...

Photo: CoingamingCoingaming, a software provider for white-label Bitcoin casino solutions, is glad to announce a Last Man Standing contest that the company has recently run on its crypto sports bookmaker Sportsbet.io. The event is being held to celebrate the addition of TRX crypto on all Coingaming’s brands. While predicting sports outcomes, all participants have a chance to win 1 Million TRX, that the company aims to grant one lucky punter with most correct forecasts.Based in Tallin,...

It’s a big win for Chinese tech giant Tencent as Hong Kong’s top-most regulator – Securities and Futures Commission (SFC) – has recently granted them a new license to open a virtual bank.On Friday, November 8, speaking at the World Blockchain Summit in Wuzhen, China, Tencent’s chief of blockchain division – Yige Cai – said that his company has received a go-ahead from the SFC to open blockchain-based virtual banking system in the country.Although not many details of the bank’s launch are...

Yesterday, Bakkt set a new record high just as the Bitcoin price fell as it’s wont to do. While the two events are relatively normal individually, it’s somewhat interesting that they happened around the same time, with the new Bakkt record coming in just as Bitcoin fell. What are traders thinking?Last year, the Intercontinental Exchange (ICE) announced its plans to float the Bakkt platform, the first-ever platform that would settle Bitcoin futures contracts physically. The anticipation began...

Bitcoin is mentioned in the Late Show with Stephen Colbert. Colbert also talks about blockchain. The crypto community loved the sketch. Bitcoin is once again getting mainstream media exposure as it was mentioned in the “Late Show” by its host, Stephen Colbert. Mainstream Media Exposure During the latest episode of the Late Show Thursday night, Stephen Colbert made some jokes mentioning bitcoin and blockchain as he referred to a clip of President Donald Trump in Louisiana. Trump held a Nov....

Bitcoin moved below $9,000 on Friday. A bullish pattern is developing in the macro-perspective. BTC could plummet to $8,400 or lower in the near term. In the last few hours, bitcoin moved below $9,000. Now, it seems like BTC could be bound for a further downward push. Bitcoin Technical Analysis In the macro-perspective, bitcoin is still bullish despite the recent downturn. MindTrader, a well-known technical analyst, told CCN that he is “100% bullish on the market.” This could be related to...

One of the biggest crypto exchanges Coinbase has arrived with a surprise decision for its customers. For the first time, Coinbase customers in the U.S. can earn rewards just for holding the Tezos cryptocurrency.Dubbed as the staking reward, Coinbase said that it would be staking the Tezon (XTZ) tokens on behalf of its customers thereby distributing the rewards directly to their Coinbase account.Cryptocurrency staking is the process that allows a crypto holder to earn income by participating...

Silvergate Bank, a crypto-forward bank, has officially gone public on the New York Stock Exchange (NYSE). The initial public offering (IPO) has been a long time coming as plans to launch officially began last year.On Nov. 7, the NYSE’s official Twitter account posted a tweet confirming the IPO celebration as well as Silvergate’s ticker – NYSE: $SI.NYSE Opening Bell ?: Silvergate (NYSE: $SI) celebrates their IPO day https://t.co/FX3OQcP0dU— NYSE ? We Are Living Tech (@NYSE) November 7, 2019A...