Analysts may have come up with a dozen fundamental drivers that have continued to propel Bitcoin forward from February onward, although June is shaping up to be a period of consolidation and reflection. There has been one other factor that has been mentioned occasionally, but no one has ever done the research to back up…
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Bitcoin is finally in a bit of a correction mode, down some $1,500 after attacking the $9,000 level, but a 17% drop is nowhere near the 30%+ correction that analysts have been prophesizing for weeks. In the past, anytime that Bitcoin has failed to deliver on its promise, whether monthly, weekly, or now daily, a…
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Occasionally government officials can surprise us common folks with their detailed understanding of a specific topic requiring a new legislative outlook. The crypto community has been especially on guard with respect to the actions of the Securities and Exchange Commission (SEC) after its continued clampdowns on Initial Coin Offerings (ICOs) and its refusal to grant…
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Bitcoin took it on the chin a second time in a week, plummeting 14% from $8,500 and change to $7,700, perhaps, from a sucker punch from a Whale dumping a large sell order on the market. For a second time, however, Bitcoin demonstrated its newfound resilience and climbed up off the canvas. It now rests…
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Bitcoin technology marches onwards and upwards! Much has been written about a supposed lack of technology progression in the crypto space, although critics have tended to speak far too early in the development process. As long as there are researchers and patents to be had, technology will improve in every aspect of the crypto network…
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As Bitcoin continues to rise at an unbelievable pace, so, too, do the anxiety levels of the crypto faithful. The world’s favorite cryptocurrency has astounded and confounded analysts at the same time during its recent rush to glory, but memories remain fresh of Crypto Winter and of a few bobbles along the road. As a…
Read moreBitcoin and its altcoin brethren have supporters, and they have detractors. Former SEC enforcement chief, John Reed Stark, a cybersecurity expert and attorney who worked for 20 years at the SEC’s enforcement division, falls into the latter camp. He is no friend of Bitcoin or any other cryptos for that matter, publicly calling Bitcoin “a…
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LMAX Digital, a regulated institutional crypto currency exchange and part of the LMAX Exchange Group, has announced it reached record trading volumes during the month of May. A record $5 billion was traded on LMAX Digital in the month, with a record high of over $400 million in daily spot volumes achieved on 12 May…
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On June 3rd, a consortium of major companies launched b.yond, a financial innovation platform that will enable banks and businesses to quickly utilize several innovative fintech payment services. The customers of digital services demand the best and most innovative solutions and constantly want more sophisticated services.. b.yond allows consumer-facing businesses to be in the driving…
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MultiBank Group, a global provider of online financial products, announced today that it has acquired the customers of AETOS Capital Group Pty Ltd in mainland China. The financial terms of the agreement were not disclosed. This acquisition involves a transfer of substantial number of clients running into tens of thousands of customers. The AETOS customers…
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