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“# Bitcoin genesis block is the ‘New Testament’ of finance ” “Fiat lux”, said God, having created heaven and earth, which was filled with darkness. And then, there was light. At least, that’s what the Holy Bible tells us. Translated to English, this Latin phrase means “let light be made.” For Christians, who much of…
“# Ascending channel Bitcoin price breakout possible despite OKEx scandal ” Earlier this week Bitcoin (BTC) price entered a bullish breakout to $11,725 following the previous week’s news that Square purchased $4,709 BTC but since then the price has slumped back into a sideways range. Several rejections near $11,500 and the recent news of OKEx…
“# Record-high Bakkt Bitcoin delivery exposes institutional frenzy for BTC ” Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months. Bitcoin delivery on Bakkt. Source: ICE, Arcane Research Bakkt,…
“# Price analysis 10/16: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV ” Bitcoin and altcoins must rebound off their immediate support levels to recapture bullish momentum and resume the uptrend. <p>Chicago Mercantile Exchange’s cash-settled Bitcoin (BTC) futures trading products “contribute more to price discovery than its related spot markets,” according to findings…
“# Bitcoin’s Taproot is ready to go, but it’s unlikely to be included in the next release ” The Bitcoin Improvement Proposals 340 through 342 were merged into the Bitcoin codebase on Thursday, signaling that the anticipated Taproot upgrade is ready. Taproot and the associated technology of Schnorr signatures are considered to be the most…
“# New York polls crypto firms on security measures after Twitter hack ” The New York Department of Financial Services, or NYDFS, has released a lengthy report analyzing the impact of July’s high-profile Twitter hack, which resulted in the theft of over $118,000 worth of Bitcoin (BTC). Far beyond the immediate material impact, the NYDFS states that…
“# $22M in Bitcoin moves from Huobi to OKEx despite withdrawal freeze ” Large Bitcoin (BTC) transactions from Huobi cryptocurrency exchange are moving to OKEx despite the latter having temporarily suspended crypto withdrawals. According to data from crypto tracking service Whale Alert, a total of 1,995 BTC ($22.5 million) was sent from Huobi to OKEx…
“# OKEx founder reportedly under investigation as exchange suspends withdrawals ” The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals. OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news agency Caixin reported on Oct. 16….
“# ‘Enormous wall of money’ will send Bitcoin to $1M in 2025 — Raoul Pal ” Bitcoin (BTC) hitting $1 million by 2025 is “about right,” Real Vision founder and CEO Raoul Pal has confirmed. In an interview with Stansberry Research last week, Pal, famous for his bullish stance on Bitcoin, said an “enormous wall…
“# Why Bitcoin price abruptly dropped 3% in 30 minutes on OKEx freeze ” OKEx, one of the world’s biggest cryptocurrency exchanges, announced a temporary suspension of withdrawals on Oct. 16. Upon the news, the price of Bitcoin (BTC) abruptly plunged 3% in 30 minutes across major exchanges. The nervousness in the market comes from…