$73M Of Bitcoin Pulled From Bitmex Following Probe Reports –

Bitmex has seen net outflows of $73 million worth of Bitcoin in 24 hours. This followed reports that the CFTC was investigating the exchange for allegedly servicing US traders. Panic Leaving Or Business As Usual? The outflows were first reported in a tweet from London-based Token Analyst. Most of the listed exchanges (Binance, Bitstamp, Bittrex, […]

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Bitcoin Futures Are A Great Buy At $8,500

Crypto analyst John Kolovos recently told Bloomberg TV that Bitcoin price will drop to $8,500 before sharply rebounding. 4-Digit Bitcoin Price Is A Steal Earlier this week Macro Risk Advisors chief technical analyst John Kolovos spoke with Bloomberg TV about Bitcoin price action and the recent Congressional and Senate hearings over Facebook’s Libra cryptocurrency. According […]

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Tom Lee Is Afraid Trump will Institute a Bitcoin Ban

Fundstrat Lead Analyst Thomas Lee shared his worst nightmare on Twitter and it involved the U.S. President placing a ban on Bitcoin. Is Libra Dragging Bitcoin Down? As the US Congress and Senate hearings on Facebook’s Libra cryptocurrency wrapped up, members of the Trump administration shifted their gaze onto Bitcoin and cryptocurrency as a whole. […]

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‘Bitcoin Not Blockchain’, As Crypto Venture Capital Falls 60%

According to new research from CB Insights, blockchain venture capital is on track for a 60% decline when compared to 2018 figures. With Bitcoin price on the rise, it’s fair to suggest that blockchain startups are out this year and Bitcoin is back in. Disentangling Bitcoin From Blockchain One of the great things about Bitcoin […]

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New Call Options Allow Joe Schmoe to Bet on $100,000 Bitcoin

LedgerX recently revealed a new call option that could help push Bitcoin price to $100k by 2020.  Hey Bitcoin, When Moon? Regular Joe Schmoe investors can now place bets on Bitcoin rising to $100,000 thanks to regulated derivatives offered by LedgerX exchange. LedgerX recently revealed the call option and participants are betting that Bitcoin price […]

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Overview: Facebook Libra Project US Senate Hearing

Earlier today Facebook Libra met with US Senators from the Senate Banking Committee. Here are a few highlights of note from the hearing. Facebook Libra Meets with Lawmakers Again Today Facebook answered questions from concerned US lawmakers on the Senate Banking Committee. As previously covered by Bitconist, lawmakers are worried that Facebook’s Libra cryptocurrency could […]

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Now Treasury Secretary Steven Mnuchin Thinks Bitcoin is a Store of Value

The crypto community is still reacting to US Treasury Secretary Steve Mnuchin’s recent commentary on bitcoin and its brethren. The asset itself reacted strongly with a 6% pump on the day and many have taken the positives from the speech, some claiming that it is ‘wildly bullish’. Mnuchin: Bitcoin as a Store of Value The […]

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Bitcoin’s Correlation to Traditional Markets Could be Problematic, Analyst –

Author and financial analyst, Timothy Peterson, believes that Bitcoin’s growing correlation to Japan’s MSCI could end badly if traditional markets sharply correct. Bitcoin Correlation in Japan’s Markets Timothy Peterson, the author of Metcalfe’s Law as a Model for Bitcoin’s Value, recently tweeted a chart comparing the MSCI Japan in USD to Bitcoin in JPY from […]

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‘Still Positive About $1 Million Bitcoin Price By 2020 End’: John McAfee

Bears showed up en masse to administer a proper beatdown to Bitcoin price today. Where do we go from here? Big Players Orchestrate a ShakeOut On Sunday bears launched a coordinated assault on Bitcoin price which resulted in the price dropping below $10,000 for the first time since July 2. By the weekly close, the […]

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