Bitcoin Futures Volume Is More Significant Than You Think, Bitwise Says

The bitcoin futures market is far larger, relative to the spot market, than previously thought, says Bitwise Asset Management. In a wide-ranging report which claims 95 percent of all reported bitcoin trading volume is faked, Bitwise says that nevertheless, the bitcoin “futures market is significant” when viewed in light of the remaining, genuine 5 percent of spot trading that occurs at regulated exchanges. The report was presented earlier this week to the U.S. Securities and Exchange Commission (SEC), which is Read more …

Why Bitcoin Price Would Skyrocket If Andrew Yang Becomes President

Andrew Yang, the pro-Bitcoin 2020 US presidential election candidate, wants to pay every adult American a universal basic income (UBI) of $1000 a month, which would likely be very bullish for bitcoin price. Bitcoin Price Would Benefit From UBI Yang, who will run as a Democrat candidate, is a self-described “serial entrepreneur” and “opposite” of current president Donald Trump. His social support scheme, funding for which is currently a hot topic of debate on social media, he has called the Read more …

Tron (TRX) Firm above 2 Cents, Odyssey v3.5 Upgrade is Consequential

Tron prices steady above 2.1 cents Odyssey v3.5 lays the ground for HNWI says Justin TRX volumes must exceed 15 million and 40 million confirming or nullifying our bullish stance The upgrade to Odyssey v3.5 introduces multi-sig addresses, a feature that is attractive for institutions and other high net worth investors. That is a necessary ingredient for Tron prices to rally from current supports to 3.1 cents and even 4 cents. Tron Price Analysis Fundamentals Amid marauding bears of 2018, Read more …

What Crypto Bear Market? Japanese Banking Giant SBI Will Soon Mine Bitcoin

SBI Holdings, a major financial and banking giant in Japan, has formally announced the launch of SBI Mining Chip Co., Ltd., officially entering the bitcoin mining industry. In recent months, the most dominant forces in the global bitcoin mining industry in the likes of Bitmain, Cannan, and Japanese internet conglomerate GMO have struggled to adjust to market conditions. As the bitcoin bear market extended to a 15-month correction, despite the gradual increase in hash power, the demand for bitcoin mining Read more …

BitMEX CEO Arthur Hayes Predicts $10,000 BTC in 2019

In the most recent issue of the BitMEX newsletter, CEO Arthur Hayes predicts that the $10,000 Bitcoin will return this year. Hayes ties federal reserve inflation rates to the last bull run in Bitcoin, and thinks the Fed’s recent decision to halt interest rate hikes will predicate the next one. Monetary Policy to Play Huge Role in Bitcoin’s Return to $10K He justifies his prediction by saying, in part: But things are a changin’. The Fed couldn’t stomach a 20% Read more …

Regulating Bakkt – How the Platform Could Experience Further Delays

Investors waiting for Bakkt, the first bitcoin futures contracts to launch from the Intercontinental Exchange, will probably have to wait longer. ICE, which owns the New York Stock Exchange, has been anxious to launch bitcoin futures for months. However, it remains in must-wait-for-the-government mode. The government agency that needs to give its blessing, the Commodity Futures Trading Commission, still hasn’t decided to approve or decline it. The issue could be as simple as how to regulate the name ICE has Read more …

Mt Gox Settlement and $593 Million of BTC and BCH, Will Bitcoin Rally?

Bitcoin prices steady after yesterday’s sell-off Mt Gox trustee approved 802,521 BTC as claims Volumes stable but below average Wholesale liquidation of Bitcoin and Bitcoin Cash stash in the hands of Nobuaki could heap pressure on responsible exchanges. Besides, it will also cause unnecessary price fluctuation that may work against victims triggering a sell-off towards Dec 2018 lows. Bitcoin Price Analysis Fundamentals All eyes are on Nobuaki Kobayashi and how he plans to compensate victims of the now defunct Mt Read more …

Crypto Lender BlockFi Cuts Interest Rates Paid to Largest Account Holders

BlockFi has changed the terms of its interest-bearing cryptocurrency deposit account just weeks after launching it. Beginning April 1, for accounts with more than 25 bitcoin or 500 ether, BlockFi will pay only 2 percent, not the originally advertised 6 percent, according to an email sent to customers March 20 and a company blog post that same day. “Due to the demand for our product, we’re making a few changes to our product pricing that will affect your account starting in Read more …

Former BTC-e Operator Alexander Vinnik Seeks Extradition to Russia

Russian citizen Alexander Vinnik, the former operator of the now-defunct crypto-exchange service BTC-e, appeals to the Greek court to seek his release or extradition to Russia, according to the local media service Kathimerini on 21 March. Alexander Vinnik, accused of cheating and washing up to $ 4 billion in Bitcoin (BTC) within six years, has reportedly appealed to the Piraeus court for his release or extradition to Russia on humanitarian grounds. Earlier, Russian Human Rights Commissioner Tatjana Moskalkova had asked Read more …

How to Play Texas Hold ‘Em With EOS

(+) Decentralized Poker: How to Play Texas Hold ‘Em With EOS Decentralized peer-versus-peer games are something that couldn’t happen before the blockchain. Learn how to play Texas Hold ‘Em poker on the EOS blockchain. | Image from Shutterstock Do you like poker? Do you like cryptocurrency? If the answer is yes, you will love EOS. While platforms like Tron are only getting started, and have simpler games like “Dice52,” regular dice, and “moon” available, a project called PokerKing has built Read more …

Bitcoin Market Dominance is Actually Over 80%, New Research Finds

Bitcoin market dominance or BTC’s percentage of the total market cap may not be the best way to get an accurate picture of the market, according to new research. Market Share vs Market Dominance There are certain Bitcoin metrics that we all understand; the price, the circulating supply, the market cap. And then there’s market dominance, which is BTC’s percentage of the total market cap of all cryptocurrencies. But what if we’ve all been wrong on this last one? When Read more …

Western Union (WU) Partners With Thunes, a Stellar (XLM) Collaborator to Enable Faster Money Transfer

According to a recent report, global payment transfer giant, Western Union (WU) has entered into a partnership with Stellar (XLM) collaborator, Thunes to enable users of its platform to transfer funds directly to mobile wallets worldwide. Western Union Partners With Thunes Thunes which is formerly known has TransferTo is a cross-border payments network focused on emerging markets. Thunes has reportedly a partner with the popular open source blockchain project Stellar. The partnership was designed to help with the integration of Read more …