Short-Term Bitcoin Bear: HODLers To Be Decimated By BTC Dump To $2,000

Bitcoin To Crash To $2,000, Claims Trader It isn’t a secret that over recent weeks, traders across the board have been subject to intense FOMO and widespread euphoria. The fact of the matter is that Bitcoin and crypto’s fundamentals are better than ever, and, as you well know, BTC just rallied by 25% in a week’s time to reach a multi-month high. But, a trader known for his cynicism (which has proven to be sensical previously) going by “Jonathan” recently claimed that Bitcoin’s rally past $5,000 is “bulls**t.” He acknowledges…

Institutional Investment In Bitcoin Futures Dropped During Price Correction

Institutional investment in Bitcoin Futures dropped over the last week, as the crypto markets experienced a price correction following their bullish run throughout the month of April. According to a report published by the United States Commodity Futures Trading Commission (CFTC), institutional investment into the Chicago Mercantile Exchange (CME) for BTC-based futures contracts saw a steep decline. The report, which covers positions taken up to April 9th, revealed that institutional investors and managers held 244 open long positions on BTC futures, a decrease of 71 since the last report released…

Wikileaks Cache Now Hosted on IPFS Thanks to this Bitcoin Cash Developer

With the founder of Wikileaks behind bars, it’s been a trying time for activists who believe in spreading freedom and truth in an age steeped in lies and manipulation from parasitic central bankers and bureaucrats. In order to show support for Julian Assange, Bitcoin Cash (BCH) developer Chris Troutner decided to upload the entire Wikileaks cache of documents to the Inter-Planetary File System (IPFS) and the BCH chain so the truth can be read forever. Also Read: WikiLeaks Has Raised 4,000+ BTC Since 2011 Truth Is Treason in an Empire…

Bitcoin Adoption: Stack Overflow Research Shows Only Two Percent of Organizations Accept Cryptocurrency Payments

Bitcoin adoption among organizations remains low, according to the details contained in the recently published Stack Overflow annual developer survey, which includes findings that show a better performance for blockchain technology. Meanwhile, a Twitter poll by the International Monetary Fund (IMF) points towards greater bitcoin adoption within the next five years. Low Adoption in the Corporate Scene 90,000 developers that participated in the Stack Overflow study, providing their opinions on bitcoin, cryptocurrency, and blockchain technology. Interestingly, findings show that only two percent of participants said their organizations accepted bitcoin and…

IMF Launches Private Blockchain-Based ‘Crypto’ After Bashing Bitcoin

Private blockchains seem to be all the rage as of late. Mere weeks ago, JP Morgan Chase launched a private version of crypto network Ethereum, Quorum, to support the fittingly-titled “JPM Coin.” And over the past year or longer, technology heavyweight IBM has built an array of ‘decentralized’ ledgers for corporations with Stellar’s technology. The International Monetary Fund (IMF) and the World Bank are purportedly joining the bandwagon with a newfangled venture. The funny thing is, though, the IMF’s chairwoman, Christine Lagarde, bashed traditional digital assets, primarily Bitcoin, just the…

IMF Launches Private Blockchain-Based ‘Crypto’ After Bashing Bitcoin

Private blockchains seem to be all the rage as of late. Mere weeks ago, JP Morgan Chase launched a private version of crypto network Ethereum, Quorum, to support the fittingly-titled “JPM Coin.” And over the past year or longer, technology heavyweight IBM has built an array of ‘decentralized’ ledgers for corporations with Stellar’s technology. The International Monetary Fund (IMF) and the World Bank are purportedly joining the bandwagon with a newfangled venture. The funny thing is, though, the IMF’s chairwoman, Christine Lagarde, bashed traditional digital assets, primarily Bitcoin, just the…

NYSE-Backed Bitcoin Exchange Snags PayPal & Google Veteran

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. The first quarter has come and gone, and there’s still no Bakkt. Nonetheless, the regulated exchange for bitcoin futures contracts, whose backers include NYSE-owned Intercontinental Exchange (ICE) and Microsoft, is…

Institutional Investment in Bitcoin Futures Drops as Price Settles: CFTC

The overall institutional investment in Bitcoin (BTC) futures on the Chicago Mercantile Exchange (CME) decreased this past week, according to data published by the United States Commodity Futures Trading Commission (CFTC) on April 9. The data shows that as of April 9, institutional investors and asset managers had 244 open long positions, a decrease of 71 from April 2, and 80 open short positions, nine less than one week before. Also, the data show only three open spreading positions for institutional investors, 32 less than the previous week. As of…

Ethereum Core Developers Consider More Frequent and Smaller Hard Forks

Ethereum (ETH) core developers are considering implementing more frequent and smaller hard forks, according to the most recent bi-weekly meeting held on April 12. The question of time between hard forks — or network updates — was brought up by the meeting’s moderator, Tim Beiko, who referenced it as an ongoing topic of discussion. Another dev then began the discussion by referencing core developer Alexey Akhunov’s previously expressed position in favor of shorter periods between forks. To “check the temperature” of the devs’ position on hard fork timing, the dev…

Bitcoin (BTC) Sentiment is Bullish But is $98 Million Even Possible?

Bitcoin prices trading above $5,000 as bulls reject lower lows A Bitcoin holder projects BTC to hit $98 million in 20 years Although prices are down, sliding from $5,500 after peaking mid this week, candlesticks, as well as fundamental factors, favor Bitcoin (BTC) bulls. One Twitter user projects BTC to hit $98 million in two decades. Bitcoin Price Analysis Fundamentals For speculators, everything is about price. Pricing dominate and with fluctuating crypto assets, traders have a home in crypto. Analysts have on numerous occasions aired their two cents. Most are…