Bitcoin Cryptocurrency News

Crypto Market Looks Primed for Bearish Q4 as Trading Slumps

The state of the crypto market is positively dire right now, as trading across various retail and institutional platforms show marked declines. Despite hopes of halloween rallies and historical bull markets, everything seems to be pointing towards a bearish Q4. P2P Bitcoin Transactions Register a Drop Bitcoin’s price is currently consolidating after a whirlwind of Read more…

Bitcoin Cryptocurrency News

Institutions Definitely Here, Grayscale Reports Best Quarter Ever For Crypto Trusts

The markets may indicate otherwise as day traders turn bearish and start to sell again. But institutional investment products such as the Grayscale crypto trusts are growing in popularity as its latest performance report proves. Quarter of a Billion Into Crypto Since their peak this year, crypto markets have lost $160 billion in terms of Read more…

Bitcoin Cryptocurrency News

Bitcoin (BTC) is a Superior Currency That Frees People: Tim Draper

Bitcoin (BTC) is a superior currency that frees people, commented venture capitalist Tim Draper in an interview with The Bitcoin of Crypto Street. BTC frees people and is a cheaper and frictionless way to send funds globally. BTC: Not Tied to Government or Geography Draper previewed various forms of currencies in the history of the Read more…

Bitcoin Cryptocurrency News

10 Years Since The First Bitcoin Transaction: 5050 BTC For $5

It’s safe to say that Bitcoin has come a long way since it was first introduced to the public. Interestingly enough, exactly 10 years ago on this same day, the first market transaction took place. Let’s have a look at how it went and where we are today. Bitcoin 10 Years Ago Exactly 10 years Read more…

Bitcoin Cryptocurrency News

Bitcoin Millionaires, BTC Addresses Holding 1000+ Coins On The Rise

Despite a fall this year of around 40%, many Bitcoin price metrics are still overwhelmingly bullish. The number of addresses holding over 1000 coins, and the number of BTC millionaires have both increased this year alongside network health indicators such as hash rate. Bitcoin Whale Addresses Hits High The number of BTC addresses holding more Read more…

Bitcoin Cryptocurrency News

Bitcoin Has Potential to Boost Investment Portfolio Returns, VanEck Says

Bitcoin is a great tool to diversify an investment portfolio, investment management firm VanEck concluded in a blog post. The Cryptocurrency Shows Low Correlation to Traditional Assets It is not a secret that Bitcoin demonstrates almost no correlation to traditional assets. This aspect was previously analyzed in detail by several well-established asset managers and hedge Read more…

Binance Bitcoin Cryptocurrency News

Binance Adds WeChat/Alipay On-ramps and P2P Bitcoin Trading In China

Binance yesterday announced the Chinese launch of its P2P trading service, with the slug-line, ‘anything that makes it easier to get crypto’. One thing it didn’t announce, but head honcho, CZ, later confirmed on Twitter, was the addition of fiat on-ramps via WeChat and Alipay. Easier to get crypto, indeed. Binance Focuses on China Market The launch of Read more…