Bitcoin apparently did not like all the fanfare regarding over good results in a COVID-19 vaccine trial. Bitcoin (BTC) fell sharply in price this morning as pharmaceutical company Pfizer, in collaboration with biotech company BioNTech, announced a breakthrough in its…
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Why a 30% Bitcoin price crash should not catch you off guard right now
The price of Bitcoin is facing the last major barrier at $16,000 before a potential run to new all-time highs, but a 30% correction is also on the table. The Bitcoin price rally halted the moment Joe Biden was announced…
DragonEx resumes withdrawals with a temporary internal token mechanism
DragonEx is introducing a new withdrawal method in an effort to save its business. Cryptocurrency exchange DragonEx is introducing a stopgap measure to reintroduce withdrawals after some problems last month. According to an official announcement on Nov. 8, DragonEx is…
Silicon Valley and ‘smart money’ are behind this Bitcoin rally, data suggests
The Google Trends interest is relatively low for the keyword “Bitcoin” while on-chain data shows smart money is accumulating BTC. Bitcoin (BTC) is continuing to show strong momentum even after a major rally. Key data points show that the uptrend…
DEX volumes pumped over 1,000% in Q3 before October saw the DeFi craze cool
Despite pullback, trading volumes on decentralized exchanges are still significantly higher than Q2. The trading volume on decentralized exchanges, or DEXs, reached $42.6 billion during Q3 2020, marking an increase of 1,132% on the previous quarter, according to a recent…
Jointer.io Matches Binance & CZ’s $100 Million Challenge With Early Adopter Fund
PRESS RELEASE. Changpeng Zhao (CZ) sent shockwaves across the crypto industry in September by announcing a $100 million investment fund devoted to projects building on the Binance Smart Chain (BSC). Now, Jointer.io, the world’s first commercial real estate-backed DeFi auction,…
New Jersey follows in its neighbor state’s footsteps with crypto license bill
With a new Senate bill on the table, New Jersey is getting closer to introducing a state-level licensing framework for crypto firms. The New Jersey Senate is set to consider a new bill that proposes the creation of a new,…
CBDC revolution is coming in 3 years, says Bitcoin naysayer Roubini
The word “cryptocurrency” is a misnomer because it isn’t a currency, according to Roubini. Nouriel Roubini, an award-winning economist and known skeptic of Bitcoin (BTC), is confident that central bank digital currencies, or CBDCs, are the future of money. According to…
S2F creator has ‘no doubt’ Bitcoin will hit $100K by December 2021
PlanB, the creator of the stock-to-flow model, has little doubt Bitcoin price is on track to hit $100,000 by December 2021 PlanB, the creator of the stock-to-flow (S2F) model, reiterated on Nov. 8 that Bitcoin (BTC) is well on its…
BTC supply squeeze and Biden: 5 things to watch in Bitcoin this week
Bitcoin prepares for battle at the start of a Democrat transition in the United States and spreading coronavirus lockdowns elsewhere. Bitcoin (BTC) is starting what will be likely a hectic week for markets as the United States begins its two-month…