Binance Bitcoin Cryptocurrency News

Binance CEO Calls Sportsbet’s New Bitcoin Sponsorship ‘Smart Move’

Sportsbet.io, the sponsor of Premier League Watford FC, made waves after putting the Bitcoin (BTC) logo on the team’s uniforms. Changpeng Zhao, the CEO and Founder of leading crypto exchange, Binance, has voiced his approval of the new endorsement.  Premier League Team First to Wear Sportsbet, BTC Logos Watford will wear the Bitcoin logo on Read more…

Bitcoin Cryptocurrency News

Bitcoin Bulls Welcome Trump’s Call for Negative Rates

US President Donald Trump on Wednesday urged the Federal Reserve to cut interest-rate down to zero or even steer in negative rates. Meanwhile, investors in the bitcoin market embraced Trump’s comments excitedly, believing they are bullish for the cryptocurrency.  Yoni Assia, the founder & CEO of eToro, said a lower interest rate “should drive bitcoin Read more…

Bitcoin Cryptocurrency News

VanEck SolidX Bitcoin Trust Falls Flat on Expectations

VanEck has been offering “forward-looking” strategies for over half a century. But its VanEck SolidX Bitcoin Trust ETF for institutional investors looks to be a non-starter. VanEck has been in and out of the headlines in the Bitcoin circle for some time now since it submitted first highly scrutinized and hotly anticipated Bitcoin ETF proposal Read more…

Bitcoin Blockchain Cryptocurrency News Market

SEC Boss Still Concerned Over Crypto Custody and Manipulation

As the bitcoin and crypto industry gears up for Bakkt, the US Securities and Exchange Commission (SEC) claims there is still work to be done. The primary concerns at the moment revolve around custody and price manipulation. Bakkt Could Solve SEC Crypto Concerns Speaking to CNBC’s The Exchange yesterday, SEC chairman Jay Clayton was asked Read more…

Cryptocurrency News Market

Tether (USDT) Launches Digital Yuan Before PBoC

Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency.  Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. Like its popular stablecoin Read more…

Bitcoin Cryptocurrency News Market

Bitcoin Stored in Bakkt Warehouse Covered by $125M Insurance

Bakkt, the Bitcoin futures trading platform backed by NYSE parent Intercontinental Exchange (ICE), announced on Monday that its custody service is now live and protected by an insurance policy worth $125 million. Bakkt Warehouse is Now Active The operator of the first Bitcoin futures platform with physical deliveries said in a Monday tweet that it Read more…

Bitcoin Blockchain Cryptocurrency News

5 Facts About Bitcoin You May Not Know

Bitcoin turned heads when it hit an all-time high price of $20,000 in December 2017. Folks who were already invested in it since the genesis became overnight millionaires and billionaires. Lots became self-proclaimed bitcoin traders and investors. Even then, quite a lot have remained ignorant about a few facts.  For newcomers to Bitcoin and ‘veteran Read more…

Bitcoin Cryptocurrency News

$1B Bitcoin Transaction Traced Back to Multiple Huobi Addresses

About $1 billion worth of Bitcoin was moved yesterday in a single transaction, sparking reactions on Twitter and other social media sites. TokenAnalyst went deeper and found that a significant share of sending addresses point to crypto exchange Huobi. 94,504 Bitcoin Reaches a Single Address On Thursday, Twitter user Whale Alert announced that 94,504 Bitcoin Read more…