Hedge Funds Bet Bitcoin’s Pain Isn’t Over on Cboe Futures Market
0Hedge funds are wagering that Bitcoin’s free-fall will keep going. Leveraged funds, which include hedge funds, held 2,974 short positions in Cboe Global Markets Inc.’s…More
Venezuela Announces Date For Petro Cryptocurrency Presale On Ethereum, Mining Plans
0President Nicolás Maduro recently said that Venezuela will hold the presale for its oil-backed, state-issued cryptocurrency, the petro, on February 20, and that the government…More
Why everyone in the crypto world is freaking out about Tether
0Bitcoin prices plummeted earlier this week as news broke that the U.S. Commodity Futures Trading Commission (CFTC) had subpoenaed a cryptocurrency and company called Tether,…More
Why is Bitcoin’s price down to two-month lows?
0Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the…More
Seasonal data shows the last three Februaries being a positive month for Bitcoin
0I’ve talked about this a bit here previously, and so far from what data at hand, the trend shows that February has generally been a…More
Crypto update: Bitcoin (BTC) and Ripple (XRP) smashed
0he horror week for cryptocurrencies went into overdrive overnight with large declines across the board. The bitcoin (BTC) price has shed over 13% of its…More
Bitcoin plunges over fears Tether traders inflated cryptocurrency price
0The price of Bitcoin has plunged by almost half since the beginning of January in a ‘bloodbath’ which has seen the total value of the…More
India wants to ‘eliminate’ the use of cryptocurrencies in ‘illegitimate’ activities
0Indian Finance Minister Arun Jaitley said the country does not recognize cryptocurrency as legal tender. Jaitley made the comments during his fifth annual budget, which…More
