Hot Topics
COIN GECKO

Advertisement

Advertisement

Bitcoin (BTC) Crash, Chinese New Year And Seasonality

Bitcoin (BTC) follows market cycles same as every other market. It is thus no stranger to seasonality and as we have seen in the past, BTC/USD has a way of rising and falling around certain times. One of such periods is the weeks before and after the Chinese New Year. Considering that we have a solid seasonality pattern that has been following year after year, it is surprising to see that very few people are talking about it. Even those talking about it are analyzing it in the wrong light trying to deduce whether Bitcoin (BTC) falls or rises before...

Read More

Iran In Talks With EU To Discuss Crypto Transactions

The country of Iran is holding talks with major nations on Europe as well as Russia, Bosnia and South Africa to discuss further trade through crypto transactions. This news comes from a short report by the Tehran Times which says: “Starting a new chapter in its international monetary transactions to circumvent U.S.-led sanctions, Iran is in negotiating the use of cryptocurrency in its financial transactions with eight countries, the acting head of Iran’s Trade Promotion Organization (TPO) told Tasnim news agency on Monday. Representatives from Switzerland, South Africa, France, England, Russia, Austria, Germany and Bosnia have visited Iran to hold...

Read More

Bitcoin Dominance Makes Its Way Into NYC With BATMs

Cryptocurrency ATMs are on the rise and more are seemingly cropping up every day. There are more than 4,000 ATMs in both New York and Chicago which are showing continued US dominance for crypto. Now, the big apple offers the public the purchase Bitcoin using their regular credit cards at machines installed around the city supplied by ATM provider LibertyX. There are now selected ATMs across the city able to provide the new service. The firm has been installing crypto ATMs across the United States since it initially opened up in Boston in 2014. There are even ATMs at some...

Read More

Should Bitcoin Be Treated Differently In India?

A global legal company has south to diminish the government's feat of cryptocurrencies in India. When new technology is about to get shown off to the world, there are potential benefits which will eventually outweigh the associated risks and concerns and it has told a panel vetting the nations official policy on virtual tokens. A submission made by the international law firm Nishith Desai Associates to the Subhash Chandra Garg panel set up by India’s finance ministry in November 2017 states, that “like electricity, railways, telecommunications, motor vehicles, aircraft, mobile phones, and the internet in the past, many are today...

Read More

Fidelity Bitcoin Custody Service Almost Ready To Launch

Matthew Leising and Alastair Marsh from Bloomberg spoke yesterday about Fidelity Investments saying that the firm “is targeting a March launch date for its Bitcoin custody service, according to three people with knowledge of the matter, as the mutual-fund giant moves forward with a plan that could help ease fears of trading cryptocurrencies.” In a statement, the company states, “we are currently serving a select set of eligible clients as we continue to build our initial solutions. Over the next several months, we will thoroughly engage with and prioritize prospective clients based on needs, jurisdiction and other factors.” As reported...

Read More