Bitcoin

CBOE keen to meet high demand for crypto from retail, institutions, says CEO

Chicago-based exchange holding company Cboe markets — an early pioneer of regulated Bitcoin futures trading in the United States — plans to build out more futures products within the crypto sector in future. In a new interview with BNN Bloomberg on March 25, CEO Ed Tilly said that the company’s not always straightforward journey until […]

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Former OCC official says crypto has backing but dollar ‘may not’

Brian Brooks, former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, has claimed that cryptocurrencies like Bitcoin (BTC) have some backing, while the U.S. dollar may not have any. Brooks gave his remarks in a CNBC Squawk Box interview with Joseph Kernen to unpack recent Bitcoin-related remarks […]

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Stock-to-flow creator doesn’t think Bitcoin’s bull market is done

Bitcoin’s price seems to have stalled below $60,000 after attaining new all-time highs earlier in March. PlanB, a crypto analyst active on Twitter, thinks Bitcoin (BTC) may still have a lot of room to gallup however. “IMO we are only ~4 months into the bull market and nowhere near the end of it,” PlanB tweeted […]

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Top 5 cryptocurrencies to watch this week: BTC, KLAY, VET, SOL, KSM

In trading, selling a position is as important as buying it at the right time. Therefore, the big question that could be troubling traders is whether or not Bitcoin (BTC) price will enter a bearish phase or will the bull run continue after this week’s pullback. PlanB, the creator of the popular Bitcoin stock-to-flow model, […]

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Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports

The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional services network PwC. The total volume of mergers and acquisitions in the crypto industry more than doubled from $481 million in 2019 to $1.1 billion in2020, PwC said in a Monday market […]

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Norwegian billionaire ditches skepticism, invests in local crypto exchange

Within the same month, Norwegian billionaire investor Oystein Stray Spetalen has gone from dismissing Bitcoin (BTC) as a “nonsense currency” to revealing that he has joined the board of Norway’s top domestic crypto exchange MiraiEx. Spetalen’s former position was that cryptocurrencies such as Bitcoin should be “immediately” banned by the Norwegian and European authorities due […]

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Stablecoin reserves on crypto exchanges hit new historic high of $10B

Stablecoins like Tether (USDT) and USD Coin (USDC) have hit another milestone in terms of accumulation by exchanges. According to market data provider CryptoQuant, stablecoin holdings on global crypto exchanges soared to a new all-time high on March 28, exceeding $10 billion. Cryptocurrency exchanges are now holding nearly 16% of the total market value of […]

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