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On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt CEO Kelly Loeffler revealed the trading platform will offer options on bitcoin futures this December. … Read more
Cryptocurrency markets have been struggling this week as most coins went down over 5% in the past 24 hours alone. Let’s take a look at some of our favorite cryptocurrencies – LINK, LEO and XMR – and see if the charts can tell us when the bloodbath will be over. Chainlink Price Analysis (LINK/USD) LINK/USD … Read more
After a sharp drop last month, the cryptocurrency market has been maintaining the sideways momentum surprisingly well. Let’s take a look at some cryptocurrencies and see if the charts have anything in store for us. Cardano Price Analysis (ADA/USD) ADA recently surpassed the $0.0394 resistance level after settling above the significant support level found near … Read more
Kathryn Haun, a general partner at U.S. venture capital firm Andreessen Horowitz, has revealed in recent interviews how she helped take down the Silk Road when she was working for the Attorney General’s office. According to her accounts, the U.S. government agency also asked her to help “start shutting down technology before it’s built.” Haun’s … Read more
A recent video by Chris Troutner, Senior Javascript Developer at Bitcoin.com, points out a problem with anti-profit seeking approaches to crypto development, and how devs can incentivize growth and attract business using REST APIs to earn BHC. Without incentives, Troutner notes, many promising services and applications run the risk of succumbing to an economic tragedy … Read more
According to the World Health Organization, there are nearly 1.25 million people that die in road crashes each year. In the United States alone, it is estimated that around 6 million car accidents happen year-round. Despite these alarming numbers, car accidents are still considered to be in a downward trend. There are a few reasons … Read more
Blockchain technology has been known to be what’s used on cryptocurrencies like Bitcoin. However, the use of this tech can actually go beyond that. Many other industries can easily benefit from using this technology like finance and banking. This technology is mainly keeping track of the transactions or trades that are made online. This could … Read more
Things are pretty rough for the global financial markets at the moment. So much so that economists are speculating that we’re about to go into a recession. Recession affects all of us, but for those that hold Bitcoin or other cryptocurrencies, things might feel a little more uncertain. Why? Well, we haven’t really seen a … Read more
Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly. A recent trip to the local post office for a money order certainly had a negative effect on my own experience, thanks to the same regulations, … Read more
The New York court reviewing Telegram’s contested coin offering in the U.S. has postponed a scheduled hearing on the case till February. The defendants, Telegram Group and its subsidiary TON Issuer, have been banned from distributing and selling the tokens. Investors who don’t want to wait for the launch of the blockchain project can receive … Read more