First Brexit, Now Trade Wars: Global Politics Driving Bitcoin (BTC) Investors

In April, after more than a year of falling prices, Bitcoin and the crypto markets took off on a bullish rally. While the initial price jump has been tied to a massive 21,000 BTC buy, geopolitical overtones at the time concerning Brexit contributed to the wave of investment interest. During the same week that Bitcoin and cryptocurrency experienced its first bullish rally since the beginning of 2018, British Parliament and Prime Minister Theresa May were embroiled in a debate on how to handle their exit from the European Union. While…

Shocking! ‘Bitcoin Wins the Trade War’ as Chinese Investors Pile In

By CCN: Bitcoin is on a tear as the price of the flagship cryptocurrency has gone supersonic in 2019. It is widely believed that bitcoin’s remarkable rally is a result of booming institutional interest in the cryptocurrency, as investors are looking for alternative asset classes to park their funds at a time when the stock market is in turmoil and the global economy is on edge. But it looks like institutional buying isn’t the only catalyst driving bitcoin’s price. The Chinese are reportedly piling into bitcoin, believing it to be…

Shocking! ‘Bitcoin Wins the Trade War’ as Chinese Investors Pile In

By CCN: Bitcoin is on a tear as the price of the flagship cryptocurrency has gone supersonic in 2019. It is widely believed that bitcoin’s remarkable rally is a result of booming institutional interest in the cryptocurrency, as investors are looking for alternative asset classes to park their funds at a time when the stock market is in turmoil and the global economy is on edge. But it looks like institutional buying isn’t the only catalyst driving bitcoin’s price. The Chinese are reportedly piling into bitcoin, believing it to be…

Bitcoin as a Haven Asset: Investors De-Risking Portfolios Following Dovish Monetary Policies

James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U.S. – China trade tussle will eventually have a negative blowback on the mainstream market. Bitcoin and Gold Lead Bullish Breakout Both bitcoin and gold are enjoying renewed price resurgence since the start of April 2019. Gold is currently looking to break beyond the…

Huobi Launches OTC Desk for Institutional Investors

Major global crypto exchange Huobi has launched a regulated over-the-counter (OTC) trading desk for institutional investors, according to a blog post on May 15. The new OTC crypto trading platform, Huobi OTC Desk, is fully regulated by the Gibraltar Financial Services Commission (FSC), and enables major fiat-to-crypto and crypto-to-crypto trading pairs. Unlike the existing Huobi’s OTC retail products, the new OTC trading desk enables a principal OTC trading process under Huobi Technology, Huobi’s regulated OTC trading entity in Gibraltar, while the existing OTC offering on otc.hbg.com enables peer-to-peer (P2P) tradings under…

After Institutions Drive Bitcoin To $8,000, Will Retail Investors FOMO in?

It isn’t a secret that Bitcoin (BTC) has absolutely surged over the past six weeks. In that time period, the crypto asset rallied from a key resistance at $4,200 to $8,100, where it resides now. While such a move was covered incessantly by mainstream media outlets, little evidence indicated that consumers, who were likely still reeling in shock from Bitcoin’s $20,000 to $3,150 plunge, were taking notice. Related Reading: Crypto Analyst: Bitcoin Price Now Above Ideal Buying Zone, Shortest Duration Yet As Chris Burniske, a partner at Placeholder, suggested in…

Bitcoin (BTC) Pumps Out Of “Ideal Buying Zone”, Should Investors Still Enter? –

BTC Leaves Accumulation Range In Spectacular Fashion For much of late-2018 and early-2019, Bitcoin (BTC) looked dead. Price action was minimal, trading activity was at dismally low levels, and the levels of hype from the mainstream and crypto audience was lackluster. Yet, with this recent move to $8,000, which began with what some call “fireworks” on April 1st (move past $5,000), the cryptocurrency market has been revived. It’s been given CPR if you will. With this move, however, Bitcoin moved decidedly out of a range of accumulation, defined by Adamant…

Bitcoin (BTC) Pumps Out Of “Ideal Buying Zone”, Should Investors Still Enter? –

BTC Leaves Accumulation Range In Spectacular Fashion For much of late-2018 and early-2019, Bitcoin (BTC) looked dead. Price action was minimal, trading activity was at dismally low levels, and the levels of hype from the mainstream and crypto audience was lackluster. Yet, with this recent move to $8,000, which began with what some call “fireworks” on April 1st (move past $5,000), the cryptocurrency market has been revived. It’s been given CPR if you will. With this move, however, Bitcoin moved decidedly out of a range of accumulation, defined by Adamant…

Canadian Blockchain Expert Alex Tapscott and NextBlock Global Limited to Pay $1M for Misleading Investors

About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

Floyd Mayweather and DJ Khaled Escape Lawsuit Brought by Defrauded ICO Investors

High-profile boxer Floyd Mayweather and music producer DJ Khaled have been dismissed from a lawsuit brought by investors in a fraudulent initial coin offering (ICO,) according to a court document filed on May 13. The celebrities had been involved in promoting Centra Tech’s ICO — but a judge has ruled that the investors who brought the legal action failed to prove they bought tokens as a direct result of the pair’s actions. According to the court document, Mayweather had posted tweets of himself holding the startup’s debit card along with the…