Cryptocurrency News Archives - Page 2 of 5

Bakkt’s Awaited BTC Futures Trading Platform Is Live

Founded by the ICE – the Intercontinental Exchange, in 2018, Bakkt is a Bitcoin futures exchange platform that also offers the ability to handle other digital assets for traders. ICE is the parent company of the NYSE. Bakkt offers to settle Bitcoin futures physically, the platform is now live for exchange and trading on ICE, after receiving a trust license. Futures being physically settled translates to buyers receiving Bitcoin on expiration. Although Bakkt is making …

A Hearing With US Congress & SEC On Crypto Coming On 24th September

There is now a meeting in the schedule between four members of the “Securities and Exchange Commission” and of the “US House of Representatives Committee on Financial Service” to discuss cryptocurrency among other topics. Members of the SEC include the chairman Jay Clayton along with four other commissioners. This comes in the wake of the US taking a hard stance about cryptocurrencies, especially after Facebook announcing their Libra project. The “Committee on Financial Services” has …

Line Finally Launches the Crypto Environment called Bitmax

Japan’s messaging giant company, Line, has launched a platform for Crypto trading naming it Bitmax on the 17th of September. This is another step in the competition between the big companies and tech startups. As per reports, 11 days before this launch, the Financial Services Agency of Japan (the FSA) has granted the license for the crypto platform. And on the 17th of September, the LVC corporation or the blockchain subsidiary of Line has officially …

Ripple still facing angry investors, XRP fork’s success unlikely

Troubled investors support petition launch of an investor in his attempt to stop Ripple from “dumping” more XRP. The petition is unlikely to have even the slightest of effect on how Ripple sells their XRP holdings to fuel their operations, which promises to bring storming changes to the prices of cryptocurrencies. The recent situation surrounding XRP has already been damaged by the news of Ripple selling considerable amounts of XRP every quarter to guide their …

Etherum Classic Adds the Atlantis Hard Fork To Improve Functionality

The technical department of (ETC) Etherum Classic has finally launched the Atlantis Hardfork, to improvise the utility and compatibility of altcoin with Etherum. This will further enrich the Altcoin market, throwing in more and more competitors for Bitcoin to wade ahead. But you know what that means? It is clear that the cryptocurrency trading industry will only continue to grow. The news was officially announced on 12th September, via a Twitter post done by the …

Survey Reveals 40% Of Millenials Contemplate Investing In Crypto If Recession Occurs

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A recent survey reveals up to 40% of millennials would consider investing in cryptocurrency assets if a recession occurs, despite the current developments, including the US position on Libra and the volatility of crypto prices. A news release on 10th September revealed a survey done on generational investment carried out from 18th – 31st July with 1,000 participants in the US. The participants are also online investors, respondents were aged between 20- 60 years representing …

Blockchain and Cryptocurrency: 5 Major Developments In The Last Week

The increased participation of institutes and governments in the blockchain and cryptocurrency market has been long predicted by analysts. Michael Novogratz, the founder of Galaxy Digital, recently states his views now how the upcoming bull movement in the crypto market is anticipated to be lead by institutional investors. Last week the blockchain and cryptocurrency market witnessed increased participation of major firms. An expected tide of announcements since Facebook’s Libra was introduced. This has kept investors …

Apple Found Crypto As An Interesting Durable Investment

After Facebook and its announcement about the Libra cryptocurrency, it’s now Apple who is showing some interest in the Crypto market. In a recent event at San Francisco, the vice president of apple pay, Jennifer Bailey had a conversation with CNN Business. She told that the company is analyzing cryptocurrencies. Possibly these comments were based on the company’s recent diversion towards consumable finance products. Recently Apple has launched it’s Apple card which is a credit …

Bitcoin Has to Close the Week Above 12k for Bull Recovery

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Bitcoin’s price revival from the low of $9,320 on 29th August is supported by an increase in the rate of highs of 30 months. However, weak trading volumes suggest that the recovery could well be short-lived for BTC and a returning decrease to $9,750 could be possible in a day or two. Weekly chart indicators label this as a bearish movement. To revive this short-term bull move, a high-rate UTC close of over $10,956 (lower …

North Korea Denies Stealing $2 Billion Using Crypto Hacks To Fund Its Nuclear Schemes

As we’ve previously reported at Top10BitcoinRobots, the cryptocurrency world is taking some serious heat. The latest concerning a hack. North Korea is in denial about the accusations of stealing $2 billion with the help of crypto hackers to hack into cryptocurrency exchanges and banks. In a counter attempt, North Korea accused the US of spreading rumors. All this in the midst of raging arguments and speculations of what stance shall the US take toward cryptocurrencies …