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Archiv für Juli 2019

Breakout Could Spur Bullish Reversal –

Bitcoin appears to have finally broken out of the period of consolidation that has played out over the last week, as mentioned in a previous BTC analysis. Traders question the sustainability of this recent breakout as volume levels remain low. Bitcoin Hourly Chart Analysis On the 1 hour chart for XBT/USD, we can see the…

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Singapore Could Embrace Bitcoin First, Pompliano Tells CNBC

Singapore could be the first country in the world to embrace Bitcoin, one of cryptocurrency’s best-known commentators has told mainstream media.  Singapore Saying ‘Bring It On!’ Speaking on CNBC’s Squawk Box segment July 30, Anthony Pompliano, co-founder of Morgan Creek Digital, said Singapore’s proactive stance on regulation could leave the rest of the world racing…

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Bitcoin Whale Transfers $468 Million for ‚Low Dollar Fee‘

Bitcoin takes a lot of criticism over its ‘unsuitability’ as a payments mechanism but when it comes to low fee transfers the digital-asset is king when compared to the fees charged by traditional remittance houses. Owner 26 Transfers $468.5 Million for How Much? On Monday, Whale Alert, a cryptocurrency transaction tracking bot, tweeted that a…

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BitMEX CEO Arthur Hayes Goes AWOL Amidst CFTC Probe

An otherwise active social media personality, BitMEX CEO and co-founder Arthur Hayes has gone silent on Twitter for more than two weeks. Is it due to the ongoing CFTC investigation?  His disappearance coincides with a probe launched by the Commodities Futures Trading Commission (CFTC) against BitMEX. The US futures regulator is investigating whether or not…

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