Category Archives: Bitcoin

Whatever the investigation in New York turns up, Tether’s short history is already replete with strange criminal characters, unsolved hacks, sudden switches between overseas banks, and huge, unexplained losses. There’s likely more to come. As a connective tool for the larger crypto economy, the potential of Tether was clear. The class-action lawsuit puts it simply: […]

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The gyrating price of bitcoin has made headlines again this year, as has growing interest from institutional investors. But most vanilla financiers have more to lose than win by diving into digital assets. Open interest in CME ’s bitcoin futures has surged by more than 250% since the beginning of October. Large trade sizes and […]

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If the right shoulder in the H&S pattern fails to complete, the continuation of an ascending triangle could suggest a bullish reversal Bitcoin (BTC) could see a major pullback in the coming weeks if a bearish pattern formed recently validates the negative outlook. Despite its recent rebound to highs of $37,000, the subsequent rejection towards […]

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The U.K.’s financial regulator on Monday issued a very blunt warning about the rise of bitcoin and other cryptocurrencies. “ “If consumers invest in these types of product, they should be prepared to lose all their money.â€� â€� — U.K. Financial Conduct Authority The warning was prompted by firms “offering investments in cryptoassets, or lending […]

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Bitcoin plunged by more than 20% over the weekend – wiping more than $10,000 (£7,395) off the price of a single coin. The fall puts the cryptocurrency on track for its biggest one-day drop since March, when the COVID-19 pandemic was just beginning to shred global markets. Bitcoin fell as low as $30,500 on Monday […]

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Featured Videos Bitcoin Price Sees Volatile Run-Up: What To Know About Cryptocurrency Investing Bitcoin is booming once again, and not without its fair share of volatility along the way. But the CEO of VanEck tells us why the story now is different than the boom-bust cycle for bitcoin we saw in 2017 and 2018. Plus, […]

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While little exists intrinsically to judge the fair value of a digitized currency, comparing bitcoin with other high-momentum assets of the past shows how heated its rally has become — and why it’s vulnerable to swoons such as Monday’s. Last week, for example, bitcoin managed to trade 179% above its average price over the last […]

The post Bitcoin slide renews fears of ‘the mother of all bubbles’ appeared first on TechFans.

FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – Jeffrey Gundlach, the billionaire chief executive of investment firm DoubleLine Capital, said on Tuesday he is bullish on Asian emerging market stocks and neutral on bitcoin […]

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The startup has raised $15 million from global fintech and crypto investor Ribbit Capital and San-Francisco based crypto-focused investment firm, Paradigm, which is founded by Coinbase founders. It has been a very interesting year for Bitcoin enthusiasts, with the cryptocurrency asset clocking in a massive 300% rally in 12 months to scale $42,000 on January […]

The post Amid all the Bitcoin hype, another Indian cryptocurrency startup CoinSwitch Kuber gets $15 million in funding appeared first on TechFans.

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Goldman Sachs Global Head of Commodities Research Jeff Currie told CNBC the bitcoin market is maturing. “I think in any nascent market you get that volatility and those risks that are associated with it,â€� he said, according to CNBC, following a sharp […]

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