Monthly Archives: January 2020

Bitcoin Breakout Hopes, Telegram Trial, Binance Donation: Hodler’s Digest, Jan. 6–12

Bitcoin is on the brink of breaking a seven-month downtrend, and the president of the ECB is pushing for a central bank digital currency. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin on the verge of breaking seven-month downtrend It’s been another tumultuous week for the world’s biggest cryptocurrency, […]

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Cointext CTO Vin Armani Talks Content, Reveals the ‘Real’ Bitcoin in New Video

Cointext CTO Vin Armani has a lot to say. The multi-faceted content creator, voluntaryist philosopher, and developer in the Bitcoin Cash community crafts thought-provoking crypto content. Whether dissecting the ‘gym friend’ meme in the context of grounded masculinity, or addressing the roots of tribalism and which chain is the true Bitcoin, Armani’s collaboration with video editor @CryptoSpanglish has seen his content grow in popularity, and established him as one of the influential voices of the current crypto zeitgeist. Also Read: Why the Counter Economy Is Necessary to […]

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Bitcoin Trading Volumes More than Doubled in a Week Says Report

A report published by crypto market research firm Arcane Research, Bitcoin trading volumes more than doubled in a week. A report published on Jan. 9 by cryptocurrency market research firm Arcane Research, Bitcoin (BTC) trading volumes more than doubled in a week. Per the report, the 7-day average daily trading volume has seen a 126% increase in a week at the start of 2020, with almost $1.5 billion traded just on Jan. 8. The report reads: “The market recovered sharply from the disappointing $192 million that were […]

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Institutional and Retail Bitcoin Futures Demand Continues to Climb

2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently seen growth in daily volumes and open interest in 2020. Despite the growth, institutional futures have a long way to go to catch up to the trade volumes retail bitcoin derivatives platforms have seen. Also Read: Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance Regulated Bitcoin Futures […]

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Bitcoin Price $4K by April? One Big Reason to Not Be Bullish Just Yet

Despite strong gains over the past two weeks, Bitcoin’s price remains neutral, suggesting further downside is in store before a strong trend reversal can occur. Bitcoin price (BTC) increased over 10% over the past week, so it didn’t take long for the usual crypto Twitter suspects to start screaming that they are all bullish now. Even I saw some bullish momentum as outlined in last week’s analysis, but have we seen the bottom yet? Or is there more downside to come before we resume a bull trend? […]

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Top-5 Cryptos This Week (Jan 12): BSV, DASH, LINK, BCH, LTC

The up move in the top crypto performers of the past seven days shows that bulls are back in the game. The CME Group will launch its Bitcoin options contract on Jan. 13. The analysts at JPMorgan Chase & Co. have spotted a 69% increase in open interest from year-end in CME’s existing Bitcoin futures contracts.  They also noted that the number of large open-interest holders has picked up. This shows an increase in institutional interest before the launch of options trading. Nevertheless, as Bitcoin price action […]

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Crypto Derivatives Exchange FTX Launched Bitcoin Options Trading

Cryptocurrency derivatives exchange FTX has launched Bitcoin options trading on Jan. 11. Cryptocurrency derivatives exchange FTX has launched Bitcoin (BTC) options trading on Jan. 11. FTX CEO Sam Bankman-Fried announced in a tweet yesterday that options were listed on the trading platform. Furthermore, later the same day he also claimed that options trading volume on the exchange reached $1 million in about 2 hours. Noteworthy volume While the announcement does not specify which crypto assets are supported by the options just launched on the platform, the website […]

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US and European Regulators Say Crypto a Priority This Year

Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus on crypto oversight. Further, China’s central bank has made digital currency a priority. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws SEC Compliance Office Focused on Crypto The Securities and Exchange Commission (SEC)’s Office of Compliance Inspections and Examinations (OCIE) announced […]

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PwC Switzerland Partners Smart Contract Auditing Team ChainSecurity

Smart contract auditing team ChainSecurity joins the Swiss branch of big four auditing firm PricewaterhouseCoopers. Smart contract auditing team ChainSecurity partnered with the Swiss branch of Big Four auditing firm PwC to enhance the services the global auditor provides. In an email sent to Cointelegraph, a PwC spokesperson explained that no acquisition took place and multiple ChainSecurity teams joined the firm.  Hand in hand According to a press release published by the firm on Jan. 5, PwC hopes that, with ChainSecurity’s team, the firm will become “the […]

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Eastern Europe Sees More Fiat Options for Trading Crypto

The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors, looser regulations and weaker associations creates better conditions for new industries to develop there. Along with local crypto exchanges, global trading platforms have been turning their attention to Eastern Europe, catering to the needs of its population by introducing new options to buy and sell coins with […]

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