Former Goldman Sachs partner, Mike Novogratz, who is also the founder of crypto merchant bank Galaxy digital, argued that Bitcoin (BTC) occupies a special place in the crypto world; while on an interview with Bloomberg TV. While reflecting on the…
Phillipino Bank Launches Inaugural Crypto ATM
Local publications indicate that Union Bank of the Philippines, which is one of the largest commercial banks in the Philippines, has just launched the country’s inaugural crypto ATM. An official statement from the bank following the launch, said that the…
Bitcoin Price Breakout, a Bullish Flag or Bullish trap ?
The market got a very good rebound from the critical area around $3400 to the level of $3450. The falling wedge we have formed over the past few weeks was broken by the bulls. As I mentioned in my previous…
Litecoin (LTC) Touching the Highest Price in the Last 6 Months: Becomes the 4th-Largest Crypto
It appears that the list of top trading cryptocurrencies changed once again during the last seven days, as XRP dropped down to the spot of the third-largest cryptocurrency, allowing Ethereum to take its previous ranking back, and Litecoin (LTC) managed…
Mauritius will issue Licenses to Crypto Custodians this March
As part of her plan to create a Fintech hub “in and for” Africa, Mauritius will soon license digital asset custodians. An announcement made on Friday by the African island nation’s financial services Commission (FSC) said that after having published…
BITCOIN ANALYSIS: A QUICK LOOK AT THE PAST SEVEN DAYS
Bitcoin has seen an encouraging improvement over the past seven days as the price went bullish by 5.76%, raising the price tag from 3463.46 USDT (02/02/2019) to 3662.99 USDT (09/02/2019). As demonstrated by the 4-hour candle chart above, the trend…
Nvidia Project Weaker Sales Due to Crypto Winter
A press release from Jan 28 reported that Taiwan based computer hardware company, Nvidia, updated financial estimates for Q4 for the 2019 fiscal year. The company is forecasting weaker sales in its gaming and data center platforms coming from excess…
Bitcoin Trading in Venezuela Peaks amid Economic and Presidential Crisis
News coming out of troubled Venezuela indicates that Bitcoin trading has reached an all-time high. This is on the backdrop of hyperinflation and an ongoing presidential conundrum that has plagued the country for a while. Bitcoin weekly trading volumes in…
Saudi Arabia and UAE launch Joint State-backed Crypto-currency
Two middle-east neighbors; Saudi Arabia and The United Arab Emirates (UAE) have a launched a government backed crypto-currency which will facilitate cross-border payments. This state-backed crypto was one of the agenda’s in the 7 point co-operation plan unveiled on the…
How XRP Could Hit $692 per Coin in 2019
The crypto winter of 2018 which has extended into the first month of 2019 is a sharp contrast to what we saw in 2017. The biting crypto winter has not shaken the belief in crypto markets though, with top crypto-currencies…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
