Tag Archives: News

Blockchain activists used to praise Bakkt for introducing Bitcoin-settled futures. From the “OG” standpoint, any Bitcoin-alike asset looks somewhat shady if it is not backed by a government or a company with astronomical budgets and shiny names in the board of directors.But “Bitcoin free” trading is considered normal among many of the crypto activists. However, the recent announcement made by ICE regarding the Bakkt futures made traders wonder. They took an aggressive approach and asked ICE...

Bitcoin isn’t doing so well. The currency recently fell to $7,600 after weeks of trading in the $8,000 range, and the technical charts aren’t looking so good.Bitcoin Still Has a Bright FutureAnd yet, despite all this bearish activity, many heavy hitters and analysts in the crypto community agree that bitcoin isn’t done for and is likely to improve its present status in the coming months. Among the figures standing by bitcoin’s side is Tim Draper, the venture capitalist who recently claimed...

In what seems like an end to a disappointing year for troubled startup WeWork the company recently announced its intention to lay off 2,400 workers from the company following near collapse. The once-famed startup announced this on Thursday. The layoffs amount to roughly 20% of its 12,500 strong workforces. Some more layoffs of over 1,000 people are expected as several business units of the company are going to be shut down, merged or sold off as the company refocuses and resets several...

There are rumors that the bank and stock brokerage company The Charles Schwab Corp. is negotiating a purchase of online broker TD Ameritrade. The two companies are the largest publicly-traded discount brokers in the United States but it is interesting to see what would this merger mean for the cryptocurrency trading.But, let’s start from the beginning. Nebraskan TD Ameritrade has been crypto-friendly for a longer time now – meaning, its clients had the possibility to trade Bitcoin futures...

Fidelity Digital Assets (FDAS), the cryptocurrency division of the Boston-based mutual fund giant, is set to onboard its very fist exchange, before the end of 2019. The FDAS which recently launched a few months ago is currently waxing strong and pushing Fidelity’s position in the broader financial market with both cryptocurrency and traditional sections.Speaking to CoinDesk, Fidelity’s President Tom Jessop has said that the company’s main targets are over-the-counter (OTC) platforms as...

At press time, bitcoin – the world’s number one cryptocurrency by market cap – has fallen all the way back to $7,600, meaning it has lost more than $500 in just 48 hours.Bitcoin Falls AgainThis is a nasty drop, and one that’s reminiscent of where bitcoin stood at around this time last month. During late October, the currency was hit smackdab in the middle when Mark Zuckerberg – the head honcho of Facebook – was scheduled to testify before a congressional hearing regarding Libra and its...

Co-founder and former Uber Chief Executive Officer Travis Kalanick, has been in the news recently as he has been offloading his shares in the ride-hailing company, at an alarming rate. Earlier this week, Kalanick disposed approximately $578 million of his Uber shares over a few days notably after a binding lockup period expired on Wednesday, Nov. 6. It would seem like Kalanick might be well on his way to dispose of a lot more of his holdings.According to a Bloomberg report, the ex-CEO’s total...

After years of teasing, they have finally done it. Tesla has unleashed its futuristic Cybertruck. Cybertruck is its real name and it does not resemble any other real truck in existence today. However, despite all the excitement during the launch, the TSLA stock just responded slightly gaining around 0.74% currently trading at $354.83.With an angular design that almost resembles Christopher Nolan’s Batmobile, Tesla’s Cybertruck is designed to be tough. It comprises of an “ultra-hard”...

Cryptocurrency markets have been losing ground in recent weeks due to the lack of a positive catalyst. And Ethereum is also under this trend.While most other cryptocurrencies are struggling to maintain their support levels, the ETHUSD pair has not given up much ground. Therefore, during the next upward movement, it is likely that the pair is leading the rally. Therefore, we do not recommend participants to close their long positions yet. They may add a stop loss on the price level at $...

Kraken, one of the world’s leading crypto exchanges based in San Francisco, has introduced a mobile version of its Kraken Futures trading app.Futures Trading in the palm of your hand. Hot on the heels of our Kraken Pro app, The new Kraken Futures mobile app is now live! https://t.co/MpG0ToYlgO— Kraken Exchange (@krakenfx) November 21, 2019Kraken Futures is a professional platform for trading derivatives on digital assets. Regulated by the Financial Conduct Authority, Kraken Futures allows...