Category: Bitcoin

Crypto analytics firm Santiment says that deep-pocketed investors are buying up Fetch.ai, Bancor and two more altcoins. The crypto insights platform tells its 89,800 followers that decentralized machine learning network Fetch.ai (FET) leads the altcoin pack in terms of heavy whale buying.   It is followed by decentralized exchange Bancor (BNT), indexing protocol The Graph

Coinbase’s global vice president of tax, Lawrence Zlatkin, is sharing his critique on an editorial response from Bloomberg that discusses the crypto provisions defined in the ongoing US infrastructure bill.  Bloomberg’s op-ed took the stance that the crypto provisions within the original bill will help to bolster the government’s tax revenue from crypto entities paying

$2 billion worth of Bitcoin (BTC) options will expire on Friday, Aug. 27. Some analysts argue that a strong call (buy) option buying activity on Aug. 22 was likely the catalyst for the recent $50,000 price test. Digital asset trading firm QCP Capital mentioned in its market update that an entity has been “consistently pushing

New York-based asset manager Neuberger Berman is giving the green light to use a portion of its assets to seek indirect exposure to Bitcoin (BTC). In a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Neuberger Berman says its Commodity Strategy Fund can now invest in Bitcoin products.   “Effective immediately, Neuberger Berman

Business intelligence company MicroStrategy has financed another massive Bitcoin purchase as BTC hovers under the $50,000 level. On Tuesday, Bitcoin bull and company CEO Michael Saylor announced that it raised $177 million to add more BTC to its reserves. In total, MicroStrategy bought approximately 3,907 Bitcoin with the latest purchase.   “MicroStrategy has purchased an

MicroStrategy has once again purchased more Bitcoin (BTC), with the company adding 3,907 BTC to its holdings. According to a Form 8-K filing with the United States Securities and Exchange Commission published on Tuesday, the business intelligence upped its Bitcoin holdings by 3,907 BTC between July 1 and Monday, Aug. 23. The SEC filing also

Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase. Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local jurisdictions for a potential regulatory approval already this year. In a Tuesday

Crypto trader Lark Davis says a 2013-style “double bubble” scenario could be the technical pattern that sends Bitcoin on a 300% rally. In a new video, Davis tells his 419,000 subscribers he’s sticking to his presumption that Bitcoin finishes off its bull market in a similar fashion to 2013 where it formed two large peaks

Bitcoin (BTC) stayed tantalizingly close to $50,000 on Tuesday as bulls contended with a classic resistance level. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Too late for “dirt cheap” Bitcoin? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding necessary support levels for bullish continuation through Tuesday. The pair had dipped to within the $48,000

The popular online newsletter platform Substack is now accepting Bitcoin payments for some of its content. OpenNode, a BTC payment processor, is teaming up with Substack to enable the payments, which can happen on-chain and through the Lightning Network.   Substack is backed by crypto-friendly venture capital giant Andreessen Horowitz, with the platform publishing work