Bitcoin Cryptocurrency News

Bitcoin Mining in North America: A New Gold Rush in the New World

The phones are ringing off the hooks at the New York offices of BitOoda, a financial services and brokerage firm that advises bitcoin mining companies and investors in the bitcoin space on investment strategies and risk management. Ryan Porter, head of business development at BitOoda, told Bitcoin Magazine that there’s lots of interest, including from Read more…

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Bitcoin Cryptocurrency News

Institutional Interest On The Rise As Bakkt’s Bitcoin Futures Volume Increases Continuously

Bitcoin’s been on a downtrend lately. The price dropped from around $8,700 to its current level of $6,700, losing more than 20% in a few days. However, despite the overly negative sentiment lurking amid the cryptocurrency community, good news might stem from the fact that institutional interest seems to be on the rise. Bakkt, the Read more…

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Bitcoin Cryptocurrency News

5 Reasons to HODL Your Bitcoin Despite the Bearish Market

Forget the recent bearish momentum and Bakkt’s disappointing launch. Here are five reminders of why you should still be HODL’ing your Bitcoin. 1. More Secure Than Ever At the end of last month, despite an extended period of sideways trading, Bitcoin hit its first-ever 100 quintillion hash rate level. On September 26, Bitcoin hit 108 Read more…

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Bitcoin Cryptocurrency News

Bitcoin at $8K: Reason to Worry? Nope, Network’s Long-Term Metrics Are Just Fine

Just a couple of days ago, Bitcoin’s price plunged to $8,000, dropping $1,500 in less than an hour. This marked a decrease of around 14% and had quite a few people worrying whether the bull run of 2019 had reversed. A closer look at the state of the network and the long-term price trend, however, suggests Read more…

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Altcoin Cryptocurrency News

Dead Altcoins: Overwhelming Number of Crypto Projects Without A Single Line Of Code Committed in 2019

ICOs were undoubtedly a hot trend back in 2017 and 2018 during the parabolic market movement and the subsequent decrease. Ever since then, their prominence has stalled and a recent report shows why that might be. Apparently, 640 out of 2000 reviewed ICOs haven’t added or written a single line of code in 2019 and Read more…

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Bitcoin Cryptocurrency News

BTC Trading: Stuttgart Stock Exchange Joins The Trend

European regulators may be getting riled about Facebook’s foray into the crypto industry but in Germany, another option has just been added for decentralized digital asset trading. Börse Stuttgart has just opened its fully-regulated bitcoin (BTC) trading platform in addition to an app for other crypto assets. More Regulated Bitcoin Trading According to reports, the Read more…

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Bitcoin Blockchain Cryptocurrency News

John McAfee: Bitcoin Custody To Become The Standard

Since Bitcoin came into being, we have a global decentralized digital cash system that can bypass the entire banking system. But like cash, it has its own set of risks. If you lose the keys to your coins, you lose the coins. Bitcoin investors know about it, but it scares new users and they’d rather Read more…

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Bitcoin Cryptocurrency News

Bakkt Announces Warehouse for Physically-Delivered Bitcoin Futures

Cryptocurrency trading platform Bakkt has announced that its physically-delivered bitcoin futures will be informally open to customers next month.  On August 28, 2019, the platform took to Twitter to announce that Bakkt Warehouse, its qualified custodian arm, would begin providing storage services for customers on September 6, 2019, in anticipation of its forthcoming daily and Read more…

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Bitcoin Cryptocurrency News

Here’s Why Bakkt Launch Is a Blessing For Bitcoin Holders

Yesterday’s big announcement that regulatory approval has been granted to Bakkt could be the best news bitcoin investors have had this year. It opens the door to institutional investors and is a huge step forward for crypto industry legitimization in the US. Bakkt To Launch Next Month After months of procrastination, the new cryptocurrency trading Read more…