Bitcoin (BTC) bulls will no doubt keenly watch talk of the need for “a new, neutral global reserve asset” at the heart of the traditional financial sphere. Financial Times business columnist and associate editor Rana Foroohar published an opinion piece on Nov. 25, pointing to...
Month: November 2019
The Mechanics of Market Manipulation – CoinDesk
Galen Moore is Senior Research Analyst at CoinDesk. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. The levers are there to move hundreds of millions in crypto markets, and they’re...
Research: Bitcoin Futures Settlement Date Suggests 4% Gains Likely
Bitcoin (BTC) is statistically likely to gain in the coming week as a new futures expiration event comes and goes, according to new data. Compiled by trader an analyst Luke Martin on Nov. 25, figures charting Bitcoin price performance before and after each expiration show...
Bitcoin Price Set to Reclaim $8K But a Rising Wedge Is Worrying Bulls
Bitcoin price (BTC) is taking a bit of a breather after breaking flipping the $7,600 resistance to support during the morning trading hours of Nov 29. While the current technical setup is exciting, bulls will need to supply significant enough volume for the price to...
American Citizen Arrested for Educating North Korea on Blockchain and Crypto
Today United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People’s Republic of Korea (DPRK) to deliver a presentation on how to use cryptocurrencies and blockchain technology to circumvent sanctions. According to the November 29 announcement, the 36-year-old Griffith...
If Bitcoin Price Drops — an Opportunity for Crypto Tax Planning
After many countries around the world such as the United States, the United Kingdom, France, and Portugal published their own cryptocurrency tax guidelines this year, it is only reasonable they will expect to see an increase in crypto tax filing. They may even follow suit...
Study: Blockchain Can Reduce Food Fraud By $31 Billion Within 5 Years
The food industry could save up to $31 billion in global fraud savings by tracking food on its way from farms to consumers via the blockchain. A Nov. 25 study by Juniper Research reveals that blockchain technology, in combination with Internet of Things (IoT) sensors...
Price Analysis 29/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
The futures market provides good insight into the sentiment of larger players. If the futures volume continues to rise in a falling market, this indicates that a decline is likely to extend further. However, if the volume increases with a rise in price, this shows...
Disgruntled Investor Sues Stox Prediction Market and Founder
Israeli crypto entrepreneur Moshe Hogeg and his blockchain firm Stox (STX) are facing a lawsuit from a disgruntled investor in the United States. A Vancouver-based investor has accused Hogeg of major breaches of contract and alleged fraud that caused him losses of at least $430,000,...
US and China Battle for Blockchain Dominance
When Chinese President Xi Jinping announced strong support for blockchain technology last month, pundits suggested that China would soon overtake the United States in dominating blockchain innovations. Our patent research at the Blockchain Center of Excellence at the University of Arkansas finds that China is...