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Fri Jan 17 8:56 PM

Standard Chartered to Launch Crypto Trading Platform for Institutions

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Some of the firms included in the deal with Standard Chartered are UK-based financial technology company LMAX, crypto exchange ErisX, Switzerland-based custody provider METACO and UK-based trading technology provider Cobalt.Sources claim London-based bank Standard Chartered has partnered with various crypto exchanges to create a...

Uncertainty Over Bitcoin Price as Market Quietens

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As Bitcoin price stalls, it is obvious that emotions will be the most decisive factor in the coming weeks as investors are controlled by the fear of losing out of a potentially promising position.Investors are at a loss at what would happen next in...

Bitcoin Drops 2% as European Stocks See Losses on Brexit Concerns

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Bitcoin is facing selling pressure on Tuesday as traditional markets suffer the jitters over fears of a “no-deal” Brexit. The top cryptocurrency by market value is changing hands near $18,800 at press time, representing a more than 2% decline on the day, according to CoinDesk...

MicroStrategy Stock Falls in Pre-Market Despite Plans to Raise More Funds for Bitcoin Purchase

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MicroStrategy is significantly outpacing some crypto-based hedge funds with its Bitcoin (BTC) portfolio since it unveiled its plans to pump its excess liquidity into several assets with a primary focus on Bitcoin. The shares of American business intelligence, mobile software, and cloud-based services company MicroStrategy...

Grayscale: 62% of new investors are now “very familiar” with Bitcoin

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Grayscale Investments, arguably the world’s largest and most influential crypto fund, published results of a survey conducted last month that measured public sentiment, knowledge, and adoption of Bitcoin among new accredited and institutional investors.The firm found that 62% of all respondents were now “very...

Market Wrap: Bitcoin Briefly Slips Below $19,000; ETH Locked in DeFi Crosses Over 7M

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“Weak longs” might be causing the price to slip in the bitcoin market but ether locked in DeFi is back on the upswing. Bitcoin (BTC) trading around $19,067 as of 21:00 UTC (4 p.m. ET). Slipping 0.68% over the previous 24 hours. Bitcoin’s 24-hour range: $18,923-$19,433...

AAX Futures Exchange Adds Fiat Onramp for 11 Currencies

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The newly enhanced multi-account wallet AAX has provided its users supports all of the newly added fiat currencies as well as the USDT stablecoin.AAX, the rising crypto futures exchange, has announced support for 11 fiat currencies as it looks to stake its claim as...

How One Bitcoin Options Trader Turned $638K Into $4.4M in 5 Weeks

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In the run-up to the 2017 market peak, stories abounded of traders who bought bitcoin in the spot market just a few months before only to cash out to the tune of hundreds of thousands, if not millions, of dollars. The days of tripling...

First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K

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Bitcoin was lower, staying in the past week’s range of roughly $18,500 to $19,700. Prices are up 167% year to date, having started off 2020 at around $7,160.  “There is no doubt that $20,000 remains a barrier, both from a technical perspective and on an...

Crypto Long & Short: Why Some Investors Get Bitcoin So Wrong, and What That Says About Its Strengths

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It is frustrating. But at the same time interesting. Over the past couple of weeks, I’ve heard two well-respected investment managers say they don’t believe in Bitcoin’s supply limit. If it’s easy to spin up another Bitcoin, they claim, then there is really no limit....