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Institutional Investors Increased Long BTC Positions by 88%, CFTC Says

Blockchain technologies have proven to be one of the most important technical advances of our generation, and the crypto market is also growing in adoption and volume despite bearish trends that often affect the price of tokens. The institutions are fully aware of this situation; however, there have never been major institutional investments. The reasons Read more…

Bitcoin Cryptocurrency News Ethereum Market Uncategorized

Peter McCormack Tells How He Turned $32K Into $1.2M and ‘Back to Pretty Much Zero’

In an informative, entertaining, comical, and bitterly poignant tweet yesterday, What Bitcoin Did podcast host Peter McCormack explains how he amassed–and lost–his crypto fortune over the last two years. From $32K to Millionaire and Back He starts the Twitter post saying: So here is a thread on how I turned $32,000 into $1.2m and back to Read more…

Crypto Analysis Ethereum Uncategorized

Ethereum (ETH) Price Analysis: Downside Triangle Breakout

Ethereum was previously consolidating inside a symmetrical triangle pattern and has broken below support to signal that further declines are in the works. Price could be due for a quick pullback to support before heading further south. The 100 SMA is below the longer-term 200 SMA to confirm that the path of least resistance is Read more…

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ICOs Could be Forced to Pay Back Millions Following SEC Ruling

Cryptocurrency, Initial Coin Offerings (ICOs)–While the crypto markets hit a relative low for the year, with Bitcoin now trading at $3300, the news continues to worsen for the controversial field of initial coin offerings. ICOs, the innovative fundraising measure that has capitalized on the speed of growth in the space of cryptocurrency, have come under Read more…

Bitcoin Cryptocurrency News Uncategorized

Allianz Asks to Ban Crypto After Calling Bitcoin a ‘Buy’ Under $5K

Allianz CEO has called on global regulators to outlaw cryptocurrency, contradicting the company’s chief financial advisor, who said Bitcoin would be a good buy under $5,000 earlier this year.  ‘You Should Outlaw It’ The Chief Executive of Europe’s biggest asset manager Allianz Global Investors Andreas Utermann expressed his thoughts on the regulation of digital assets, Read more…