Chicago BTC Futures ‘Smart Money’ Bets Against Bitcoin Rally

A recent article published on Forbes argues that the behavior of Chicago Futures Trading Commission (CFTC) ‘smart money’ does not bode well for the bullish outlook of Bitcoin. While most cryptocurrency investors are looking to the bullish price leaps for Bitcoin and top cryptos over the past week, some analysts are now questioning whether a pullback is eminent. Bitcoin has managed to hold over $5000 for the majority of the week, and is trading above its 200-day moving average. Historically, such an indication has proved fortuitous for Bitcoin investors, with…

Gibraltar Stock Exchange Subsidiary Partners With Tokenization Platform

Hashstac, a subsidiary of the Gibraltar Stock Exchange Group (GSX Group), has partnered with Singapore-based technology company STO Global-X to facilitate the issuance of tokens. The development was announced by the Gibraltar Blockchain Exchange (GBX) on April 5. GSX Group’s subsidiary Hashtacs Inc. and STO Global-X will jointly launch an integrated Tokenized Securities Exchange product that will purportedly allow stock exchanges and other qualified financial institutions to tokenize assets and boost trading, clearing and settling of digital securities. “The collaboration aims to integrate STO Global-X’s tokenization platform and exchange technology…

AltDex Launches Cryptocurrency Index of Gaming-Related Tokens

Cryptocurrency indices provider AltDex has launched a cryptocurrency index of gaming-related tokens. The company announced the development in a blog post on April 4. AltDex has developed a benchmark index for the blockchain gaming category  dubbed AltDex Gaming Index. The index is designed to track cryptocurrencies and tokens of blockchain-based projects related to video games, esports, and other analogous decentralized applications. Per the post, AltDex’ index is applied in respect of 13 coins, including Theta Token (THETA), Enjin Coin (ENJ) , WAX (WAX), Decentraland (MANA) , Kin (KIN) , Loom Network (LOOM), MobileGO…

Installing a Subdermal Bitcoin Wallet Is Only for the Brave

In 2014, Dutch entrepreneur Martijn Wismeijer made headlines by having a pair of bitcoin wallets embedded under his skin. Since then, various cypherpunks and tech journalists have had microchips embedded into their hands. Anyone interested in getting ‘chipped,’ for the purposes of boasting a bio-implanted bio-implanted bitcoin wallet, should be cautious however, as the procedure is not for the faint-hearted. Also read: Bitcoin’s Relationship With ‘Mark of the Beast’ Theories Bitcoin Wallets Under the Skin The idea of getting an integrated circuit device or radio-frequency identification (RFID) transponder embedded into…

Blockchain Insurance Initiative B3i Expands Its Group of Investors

Swiss blockchain-based insurance transaction platform B3i has expanded its group of investors in its ongoing funding round, according to a press release published on April 3. Per the release, B3i has added three new insurer and reinsurers to participate in the company’s current funding round. B3i notes in the announcement that the first phase of the product scheduled to be launched in the fourth quarter of 2019 is being evaluated, while invitations for the second wave of investors are being extended. Additionally, B3i formed a Board of Directors that includes…

Binance’s Trust Wallet to Launch Staking Service With Tezos

Binance’s official digital currency wallet app Trust Wallet has added staking for cryptocurrencies. The development was announced by Binance in a blog post published on April 3. The staking feature — which is scheduled to be launched by Binance by the end of the second quarter of 2019 — enables users to earn dividends or interest on their investment for validating transactions and allows them to vote on changes in the blockchain. Staking rewards are a byproduct of the proof-of-stake (PoS) consensus algorithm. Launching the staking feature will purportedly let…

Bitcoin Price | BTC’s Sudden Spike Leaves All Puzzled

The cryptocurrency market has again undergone strict scrutiny after analysts and market players were shocked by the sudden jump in Bitcoin price two days back on Tuesday. The shocking spike in the price generated fear about the high volatility and risk involved in the cryptocurrency market. Investors and analysts, rather than celebrate, have become all the more conscious about the vulnerability of the market. After the 2017 bubble, on Tuesday Bitcoin price surged almost 20% above its previous price, provoking many altcoins to increase in price as well. Analysts are…

Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 05

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Google searches for Bitcoin tripled as its price skyrocketed on Apr. 02. This shows that interest in cryptocurrencies is still high. If prices recover, a large number of traders sitting on the sidelines will jump onto the crypto bandwagon. Though the rebound is…

Bitcoin Whales Have Started Splashing

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. On Squawk Box, Fundstrat Global Advisors head of research Thomas Lee said that despite the 16-month correction, bitcoin is en route to a steady accumulation phase throughout 2019. In the…

Russian Social Media Giant VK Launches ‘Mineable’ VK Coin

Russian social media giant Vkontakte (VK) has launched an internal currency, VK Coin, that can be “mined,” local state-owned media outlet Tass reported on April 1. The move follows recent reports this week that VK was launching a bespoke cryptocurrency. The official information provided on VK Coin, however, does not indicate that the coin is based on blockchain technology. It does, however, encourage users to “mine” the coin via VK’s services. The service works via a mobile app clicker game that lets users earn the internal currency, send it to…