Major Bitcoin Traders Join Forces to Lure Big Institutional Investors

Bitcoin traders are gladly remarking that Bitcoin’s price trajectory has been positive for the last five consecutive days, without significant pullbacks. Now that Bitcoin’s winter seems to be over, Bitcoin trading firms are joining forces to entice big institutional investors into the vibrant cryptocurrency market. New Price Indices for Bitcoin and Ether For many, Bitcoin’s …

A Basic Guide to the Digital Age: Breaking Down Congress’ Crypto Hearing

Yesterday, Congress addressed in two full hearings why it’s time to start taking a closer look at why and how digital assets, including cryptocurrencies, are impacting U.S. marketplaces. The following condensed information is a run-down of what the House Committee on Agriculture and the U.S. Commodity Futures Trading Commission (CFTC) discussed during the hearings regarding …

Billionaire Hedge Fund Manager Ken Griffin Slams Bitcoin

The co-founder and manager of the money management firm Citadel has voiced his grievances with Bitcoin. Ken Griffin stated today that none of his portfolio managers are interested in exposure to digital assets. Ken Griffin: “I Still Scratch My Head About Bitcoin” It’s very rare here at NewsBTC that we get to report on a …

Bitcoin Price Analysis: Head-and-Shoulders Reversal Pushes New Highs

In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom). A couple days ago, shortly after testing the left shoulder of the head-and-shoulders reversal (H/S), the market reacted strongly …

Ethereum Price Analysis: ETH/USD Buyers in Control

Key Highlights ETH price climbed above a few important resistance such as $450 and $460 against the US Dollar. There is a new connecting bullish trend line forming with support at $464 on the hourly chart of ETH/USD (data feed via Kraken). The pair is following an ascending channel, but it could correct lower towards …

https://globenewswire.com/news-release/2018/07/04/1533269/0/en/STASIS-la … | Bitcoin Magazine

Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest “fully verified and collateralized stablecoin” in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end. Similar to Tether, EURS is fiat-collateralized. Each stablecoin unit is …