Category: Bitcoin

The host of the popular YouTube channel Altcoin Daily is naming six cryptocurrencies that he believes are set to surge next month. Aaron Arnold kicks off the list with Cardano (ADA), which he argues will have its price driven higher by the upcoming Alonzo hardfork that will deliver long-awaited smart contract capabilities. Arnold highlights a

Filings with the United States Securities and Exchange Commission reveal that major IT conglomerate Globant has become the latest big firm to invest in Bitcoin (BTC). The firm declared its crypto-asset purchases for the first three months of the year in a statement to the SEC made on Tuesday, stating: “During the first quarter of

Major Wall Street bank executives will appear before the United States Senate Banking Committee on Wednesday to discuss the role of their financial institutions in the recovery of the American economy. Democratic lawmakers plan to grill a number of major bank execs, whose firms saw record profits during the COVID-19 pandemic while average Americans struggled

Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE), he still has no formal authority over the project. Musk was replying to a comment from a Doge-themed account, which opined that he had taken to operating Dogecoin like one of his own companies and that

Canadian securities regulators have initiated a regulatory action against major global cryptocurrency exchange Poloniex. On Tuesday, the Ontario Securities Commission published a statement of allegations against Polo Digital Assets, also known as Poloniex, alleging that the firm has failed to comply with Ontario securities laws. According to the statement, Poloniex has never been registered with the

Pintu, an Indonesia-based cryptocurrency exchange focusing on first-time crypto users, has raised $6 million to support its mission to drive industry adoption. The company announced Tuesday that it has completed a Series A funding round led by major global crypto investors including Pantera Capital, Coinbase Ventures, and Intudo Ventures, tech news agency Tech in Asia

The crypto analyst best known for pioneering the use of the stock-to-flow (S2F) model in predicting Bitcoin’s trajectory unveils that he’s willing to part with his BTC at a certain price level. In a new tweet, PlanB tells his 517,300 followers that he’s prepared to hold the leading crypto asset either to his target price

A total of 53,400 Bitcoin (BTC) options are set to expiry on Friday, May 28. At first sight, bulls appear to lead as the $2.1 billion open interest call (buy) to put (sell) options ratio stands at 1.32, favoring the neutral-to-bullish derivatives. However, after Bitcoin dropped 33% in May, the right to acquire BTC at

Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum.

Prominent on-chain analyst Willy Woo believes that the big Bitcoin bull market is just getting started despite the recent correction that saw the price of the leading crypto asset plunge over 50% in a matter of days. In a new tweetstorm, Woo tells his 538,400 followers that the latest BTC collapse resembles the 2020 coronavirus-induced