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Reasons Why Bitcoin May Fall to the $40,000 Level
According to Glassnode, institutions and investors holding a large amount of Bitcoin reduced their holdings by 140,000 Bitcoins in February, which is equivalent to a reduction of 67.2 tenths since the beginning of this month.
Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report
In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.
Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach
Former Chief Security Officer at Uber, Joseph Sullivan, has been charged with allegedly paying $100K in Bitcoin to hackers to cover up a company data breach.
Ethereum Stored on Crypto Exchanges Sinks to a Two-Year Low, What This Means for ETH
On-chain analytics provider Santiment has shared data showing that Ethereum(ETH) held on crypto exchanges stands at 13.35% of its total circulation supply.
IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data
Today, the open-source non-profit foundation, IOTA has announced the final Alpha release of IOTA Streams.
South Korean Hospitals to Usher in New Healthcare Era Using Blockchain Technology, AI and Big Data
South Korean hospitals intend to set the ball rolling in ushering in a new healthcare era using industry 4.0 technology like blockchain, artificial intelligence (AI), and big data.
Bitcoin Bull Run Ahead? Understanding the Factors Driving Bitcoin's Price Growth
Bitcoin breached its key resistance of $7,300 today. Block halving, change in economic supply and an Ichimoku Kumo twist are driving the price forward. In this article, we analyze the price movement, the change in supply dynamics, and how BTC halvings have performed historically.
Bitcoin Miners’ Control of BTC Network is Gradually Shrinking
Coin Metrics, a provider of on-chain and off-chain crypto asset market data, has released a new report showing Bitcoin miners’ control of the BTC network is decreasing.
Ethereum Whales are on a Spending Spree as Addresses with at least 10,000 ETH Hit All-Time High
New data by on-chain data provider Santiment reveals that the number of Ethereum addresses with more than 10,000 ETH has broken the record at 1,225.
Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance
Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the BAME Network Group at the FCA, El Dimachki also provided some advice for women in FinTech!
Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System
Telecoms giant Huawei has joined hands with the Beijing Municipal Government to create a blockchain-powered directory system. It is aimed at addressing the headache of weak applications, scattered coordination, and data sharing in various departments.
Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion
According to data published by Bybt cryptocurrency futures and information platform, the current Open Interest in Bitcoin futures contracts has hit $5.35 billion.