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“# Jack Dorsey warns that FinCEN regulations will drive crypto users offshore ” Major U.S crypto firms are rallying against FinCEN’s proposed regulations that would force businesses operating with crypto to gather information on the identities of non-customer counterparties. A Jan. 4 letter from Jack Dorsey, CEO of financial services firm Square takes aim at…
“# Binance hits record high of $80B in daily volume as crypto markets surge ” Changpeng Zhao, the chief executive of Binance, the world’s largest crypto exchange by trade volume, reported a record of $80 billion in 24-hour trade activity on Jan. 4. On Twitter, CZ compared the recent activity to the volume posted during…
“# Price analysis 1/4: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV ” Bitcoin (BTC) price plunged by about $3,400 in an hour, warning traders that corrections during a parabolic move are likely to be sharp. Data from Glassnode shows that the fall resulted in the liquidation of Bitcoin futures long positions worth…
“# 5 factors show bulls control Ethereum price even after a 26% correction ” On Jan. 4, Ether (ETH) price rallied to $1,160, which was followed by a 24% correction within the following four hours. What is clear is that investors are anxiously awaiting the CME’s ETH futures launch, which is scheduled for Feb. 8….
“# Price analysis 1/1: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV ” Bitcoin (BTC) rallied from an intraday low at $17,573.29 on Dec. 11 to an intraday high at $29,310.19 on Dec. 31, a 66.78% rally in a short span. This shows strong demand from traders at every higher level. Institutional crypto…
“# 4 reasons why the top 15 richest Bitcoin wallets still matter in 2021 ” Transparency is one of the most intriguing aspects of cryptocurrency and it was this openness that drew many early supporters to Bitcoin (BTC). Blockchain technology makes all information associated with the network’s operation accessible for anyone interested in taking a…
“# A crypto New Year’s resolution: Modernize security infrastructure ” It’s safe to say that 2020 has been a banner year for the digital-asset space. Bitcoin (BTC) soared past its previous high, and many other prominent cryptocurrencies reached their highest levels since the heyday of 2017 and early 2018. Across the financial services industry, institutional…
“# XRP the ‘third largest collapse of all time’ says The TIE’s Josh Frank ” The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions. According to Josh Frank of crypto-focused research company The TIE, the…
“# 4 reasons why Ethereum options traders expect ETH price to reach $880 ” Ether (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750. Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth of the…
“# High volume surge propels Bitcoin price to a new all-time high at $29,000 ” Within the last hour, Bitcoin (BTC) price rallied to set a new all-time high at $29,000. On Dec. 29 Bitcoin price attempted to push through a stiff resistance cluster at $28,500 but after rallying to $28,600 the price rejected with…