Elliott Wave theory is a method of technical analysis that Bitcoin traders look for recurrent long-term Bitcoin (BTC) price patterns. The Elliott wave theory says that a crypto asset such as Bitcoin (BTC) price movements can be predicted as they move in repeating up-and-down patterns called waves created by investor...
CME’s ETH futures saw a demand of 388 contracts traded on its opening day. That’s about a total of 19,400 ETH or approx. $33 Million. Each monthly contract represents 50 ETH. Similar to CEM’s Bitcoin futures contract, CME’s latest crypto offering is also cash-settled. The launch represents a significant milestone...
Derivatives exchange, CME will launch Ethereum futures on 8th Feb at 6 PM ET. The exchange made the announcement in a tweet. Building on the success of Bitcoin futures, Ethereum futures will also be cash-settled. To bring confidence to the trading strategy, the pricing will be based on a CME...
Recent filings with the Securities and Exchange Commission (SEC) suggest that BlackRock – the world’s largest asset manager, with over $7 trillion under management – is preparing to allocate funds in bitcoin futures. As per the filling, The only bitcoin futures in which BlackRock will invest are cash-settled bitcoin futures...
Cryptocurrency-related crime fell significantly in 2020, according to the data from Chainalysis. In 2019, criminal activity represented 2.1% of all cryptocurrency transaction volume or roughly $21.4 billion worth of transfers. In 2020, the criminal share of all cryptocurrency activity fell to just 0.34% or $10.0 billion in transaction volume. According...
Delaware’s Chancery Court issued a temporary restraining order on Friday limiting Ripple Labs Inc. from carrying out XRP cryptocurrency transaction and equity redemption until Tetragon can sell back its stock. Tetragon Financial Group Ltd, an investor in Ripple Labs filed a temporary restraining order on Jan, 7th. In the motion,...
Miami’s mayor is considering diversifying the city’s treasury reserves into Bitcoin. In an interview with FOX Business on Thursday, Major Francis Suarez said, Bitcoin price started 2020 at $7,200 and ended the year at nearly $30,000, up 296%. The surge continued full-steam into 2021 reaching a record high of $41,987...
Visa-backed Anchorage announced on Wednesday that it has become the first-ever cryptocurrency firm to receive a federal charter from the Office of the Comptroller of the Currency. In a statement, the OCC said it has decided to approve after a “rigorous” review process. As part of the agreement, Anchorage will...
Bakkt, a crypto trading platform is going public at a roughly $2.1 billion enterprise value by merging with a blank-check company called VPC Impact Acquisition Holdings. The deal was guided by Shearman & Sterling LLP and White & Case LLP. Since its founding nearly three years ago, Bakkt has been...
UK financial services regulator – FCA has gotten tougher on crypto recently – banning the sale of crypto derivatives to retail investors and warns firms operating in the UK without registration are committing a criminal offense. Now FCA on Monday warns consumers of the risks of the investment in crypto...
