Category: Blockchain

Robert Gutmann, the CEO of cryptocurrency investment firm NYDIG (NEW York digital Investment Group), has revealed that governments are contemplating investing in Bitcoin. In an interview with Raoul Pal, the founder and CEO of Real Vision, Gutmann disclosed that state-owned investment funds are making inquiries regarding the possibility of purchasing the leading cryptocurrency. Gutmann said

Ray Dalio, the founder of Bridgewater Associates hedge fund firm, believes that the US government could ban Bitcoin if the leading cryptocurrency becomes too successful. In an interview with Yahoo Finance, Dalio said that the history of money showed that policymakers would clamp down alternative currencies that could challenge the primacy of the dollar. He

Ethereum (ETH) finds itself in a consolidation state ever since it breached the $2,000 mark a while back. The second-largest cryptocurrency based on market capitalization is hovering around the $1,643 price at the time of writing, according to CoinMarketCap. Market trader and analyst Michael van de Poppe has noted that ETH’s sideways consolidation will continue

As Bitcoin’s price consolidation continues ever since it hit an all-time high of $61.7k earlier this month, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at an inflection point. As reported by Bloomberg Crypto: “Dawn Fitzpatrick, head of the legendary asset management shop, sees an ‘inflection point’ for Bitcoin and

“Crypto Mom” Hester Peirce is not the biggest fan of using the Howey Test to determine whether crypto assets are securities. The Howey Test was birthed around 1946 and is frequently used to this day by the Securities and Exchange Commission and the court to determine whether an asset is a security. Its origins stem

About $6 billion worth of Bitcoin (BTC) options will expire today and the entire cryptocurrency ecosystem is geared for its potential impact on the market. Options contracts permit market stakeholders including investors and traders to buy a particular asset at an agreed price in the future.  In a typical Bitcoin options contract scenario, an agreement

Bitcoin (BTC) fell below the important support level of $52,000 yesterday, dropping to a low of $50,360. Bitcoin is showing a downward trend, with a cumulative decline of 8.91% in the past 7 days. The current price has rebounded at press time, and Bitcoin is trading at $52,888.71.Is Bitcoin currently experiencing a staged bottom? Will

As the global crypto market saw a bearish progression this week, BTT, ANKR and DENT stands as the best performers to date. By and large, the entire market has experienced a huge dip in the past 7 days, and this is reflected in the global crypto market cap which has dropped from a high of

On March 17, Grayscale, an American crypto-asset investment company, launched five new cryptocurrencies trusts include Filecoin(FIL). This stimulated Filecoin’s price and triggered a large wave of increase that day that saw FIL reach a high of $96.67. But then, the altcoin market witnessed sellers cashing out their profits, which resulted in Filecoin reaching a low

Although the Securities and Exchange Commission has refused to hand over documents pertaining to Bitcoin and Ethereum, Ripple has been undeterred in its quest to gain access to them. Ripple attorneys filed an official letter addressed to Magistrate Judge Sarah Netburn explaining why Bitcoin and Ethereum were relevant to the case. Per the official filing: