Category Archives: Coins

Bitcoin Might Not Even Need Institutional Money, Says Blockstream CEO Adam Back

Bitcoin Might Not Even Need Institutional Money, Says Blockstream CEO Adam Back

So what if Goldman Sachs hates Bitcoin? During a recent interview with Bloomberg, Blockstream CEO Adam Back suggested that the top cryptocurrency might not even need institutional adoption to witness another major bull run:  It might not require additional institutional adoption because the current environment is causing more individuals to think about hedging. Back is […]

Bitcoin Might Not Even Need Institutional Money, Says Blockstream CEO Adam Back

Bitcoin Might Not Even Need Institutional Money, Says Blockstream CEO Adam Back

So what if Goldman Sachs hates Bitcoin? During a recent interview with Bloomberg, Blockstream CEO Adam Back suggested that the top cryptocurrency might not even need institutional adoption to witness another major bull run:  It might not require additional institutional adoption because the current environment is causing more individuals to think about hedging. Back is […]

China May Allocate Part of DCEP for Use Outside Country: NEO Founder

China May Allocate Part of DCEP for Use Outside Country: NEO Founder

According to Bloomberg, China’s ambition to put its population on track to use the state-backed ‘China Coin’ and thus get even bigger control over their financial operations is growing even stronger. While many economists fear that the emergence of DCEP (digital currency electronic payment) may seriously challenge the global domination of the USD, the NEO founder says that the central […]

China May Allocate Part of DCEP for Use Outside Country: NEO Founder

China May Allocate Part of DCEP for Use Outside Country: NEO Founder

According to Bloomberg, China’s ambition to put its population on track to use the state-backed ‘China Coin’ and thus get even bigger control over their financial operations is growing even stronger. While many economists fear that the emergence of DCEP (digital currency electronic payment) may seriously challenge the global domination of the USD, the NEO founder says that the central […]

Traders Push Bitcoin Below $10,000 By Dropping $150 Mln from BTC Open Interest

Traders Push Bitcoin Below $10,000 By Dropping $150 Mln from BTC Open Interest

The analytics data provider Skew may have found the reason for the sudden Bitcoin price reverse that made it go back under $10,000 – XBT/USD traders on BitMEX. Bitcoin open interest is down $150 mln on BitMEX The analytics agency Skew has shared a chart that shows that thanks to traders’ actions on BitMEX on June 2, the […]

Traders Push Bitcoin Below $10,000 By Dropping $150 Mln from BTC Open Interest

Traders Push Bitcoin Below $10,000 By Dropping $150 Mln from BTC Open Interest

The analytics data provider Skew may have found the reason for the sudden Bitcoin price reverse that made it go back under $10,000 – XBT/USD traders on BitMEX. Bitcoin open interest is down $150 mln on BitMEX The analytics agency Skew has shared a chart that shows that thanks to traders’ actions on BitMEX on June 2, the […]

Bitcoin Proves Much Stronger Hedge in Pandemic Crisis Than Gold or Stocks: Chart Says

Bitcoin Proves Much Stronger Hedge in Pandemic Crisis Than Gold or Stocks: Chart Says

The renowned trader and entrepreneur Willy Woo has posted a few graphs, showing that during the recent financial and medical crisis caused by the pandemic breakout, Bitcoin has proven to be a better hedge than its rivals from the traditional market – gold and stocks. Bitcoin risk adjusted returns vs XAU, stocks Bitcoin supporter Willy Woo […]

Bitcoin Proves Much Stronger Hedge in Pandemic Crisis Than Gold or Stocks: Chart Says

Bitcoin Proves Much Stronger Hedge in Pandemic Crisis Than Gold or Stocks: Chart Says

The renowned trader and entrepreneur Willy Woo has posted a few graphs, showing that during the recent financial and medical crisis caused by the pandemic breakout, Bitcoin has proven to be a better hedge than its rivals from the traditional market – gold and stocks. Bitcoin risk adjusted returns vs XAU, stocks Bitcoin supporter Willy Woo […]

China’s Bitcoin Mining Hegemony Now Threatened by Other Regions: Data

China’s Bitcoin Mining Hegemony Now Threatened by Other Regions: Data

According to data provided by South China Morning Post reporter Josh Ye, China is slowly but surely losing its dominance in the Bitcoin mining industry.   Its share of the global hash rate is close to dipping below the 65 percent level, a sharp decline compared to April 2018 when it controlled more than 90 […]

China’s Bitcoin Mining Hegemony Now Threatened by Other Regions: Data

China’s Bitcoin Mining Hegemony Now Threatened by Other Regions: Data

According to data provided by South China Morning Post reporter Josh Ye, China is slowly but surely losing its dominance in the Bitcoin mining industry.   Its share of the global hash rate is close to dipping below the 65 percent level, a sharp decline compared to April 2018 when it controlled more than 90 […]