Buck Bully
KEY POINTS Cryptocurrency bitcoin and Facebook-backed Libra could play a role in a world where central banks globally begin to issue their own digital currencies, Raghuram Rajan, former Reserve Bank of India governor, told CNBC. Rajan called bitcoin a “speculative asset” while Libra has been designed for transacting. Both could […]
[Coindesk] Luis Sosa, 39, the creative director at a startup in Mexico City, watched with skepticism as his friends invested in bitcoin a decade ago. Even after they made good on their investments, Sosa kept his distance. Now, his attitude toward crypto is changing, but not for the reasons you’d think. “With the increasingly […]
[Cointelegraph] Recent data shows that Sunday evening is the best time to buy Bitcoin (BTC) according to Capriole digital asset manager Charles Edwards. As shown below, historically, BTC saw higher returns on Sunday evenings into early Monday morning. Edwards said: “Bored on Sunday at midnight? It just so happens to […]
[Business Insider, Reuters] Retail investors are split down the middle by generation over their favorite alternative assets, according to a note from JPMorgan this week. Older investors are more inclined towards gold, while millennials are flocking to bitcoin, analysts from the bank said. “The two cohorts show divergence in their preference for ‘alternative’ […]
[Coindesk, Getty Images] Ethereum is still the most popular off-chain destination for bitcoins as its supply of tokenized bitcoin (BTC) grew more than 70% in July. More than 20,000 BTC — worth roughly $225 million — are now tokenized and used in Ethereum-based protocols. Wrapped Bitcoin (WBTC) represents over 76% of the […]
[Forbes, Getty Images] Bitcoin, after a prolonged period of stability, has suddenly leaped higher—jumping over the closely-watched $10,000 per bitcoin level for the first time since June and surging toward $12,000. The bitcoin price has added some 20% over the last seven days, hitting highs of $11,420 on the Luxembourg-based Bitstamp […]
[CNN] San Francisco –‘Twitter (TWTR) accounts belonging to Joe Biden, Bill Gates, Elon Musk and Apple, among other prominent handles, were compromised on Wednesday in what Twitter said it believes to be an attack on some of its employees with access to the company’s internal tools. “We detected what we believe […]
[Business Insider] Cryptocurrency exchange Coinbase has started planning for a stock market listing that could take place as soon as this year, Reuters reported Thursday, citing sources familiar with the matter. If the Securities and Exchange Commission signs off on the listing, Coinbase could become the first publicly traded cryptocurrency marketplace. The […]
[Coindesk] Social media has thrown dogecoin traders a treat. Trading volumes for the Shiba Inu meme-based cryptocurrency spiked nearly 2,000% in the last two days as videos on TikTok encouraged users to invest, according to data from Messari. The whimsical asset’s price climbed 35% to $0.035 over the same period. Dogecoin—which was conceived […]
[AMBCrypto, Unsplash] In the past few months as Bitcoin remained stable around the $9,000 mark, a few altcoins rose to the spotlight. While it still cannot be said that ‘altseason’ has arrived, that does not mean that we haven’t had individual altcoin rallies and individual altcoin busts. EOS: Source: EOSUSD via Trading View EOS, […]