Category Archives: Coins

World’s Largest Movie Theater Chain to Start Accepting Bitcoin

World’s Largest Movie Theater Chain to Start Accepting Bitcoin

AMC Entertainment, the largest cinema chain in the world, will start accepting Bitcoin for movie tickets at all of its U.S. locations.    During the company’s earnings call, CEO Adam Aron said that the necessary technology that would enable such functionality would be in place by the end of 2021. However, as of now, it […]

Bitcoin Crosses 200-Day Average and Signalizes Beginning Of Possible Bullish Trend

Bitcoin Crosses 200-Day Average and Signalizes Beginning Of Possible Bullish Trend

The recent situation on the Bitcoin chart has started to signalize the possibility of an upcoming major bullish trend. The ultimate signal appeared yesterday and was confirmed today by the candle that opened above the resistance. The 200-day moving average cross is the signal of a trend reversal that is used in various trading strategies […]

Bitcoin Crosses 200-Day Average and Signalizes Beginning Of Possible Bullish Trend

Bitcoin Crosses 200-Day Average and Signalizes Beginning Of Possible Bullish Trend

The recent situation on the Bitcoin chart has started to signalize the possibility of an upcoming major bullish trend. The ultimate signal appeared yesterday and was confirmed today by the candle that opened above the resistance. The 200-day moving average cross is the signal of a trend reversal that is used in various trading strategies […]

More Bitcoin Holders Are Starting to Make Profit: Glassnode Report

More Bitcoin Holders Are Starting to Make Profit: Glassnode Report

Glassnode insights have released a report in which they broke down the current market sentiment based on recent on-chain data. According to the report, multiple trends are prevailing on the market right now: increasing dominance of large BTC transactions in the network, an increase in the number of profitable Bitcoin holders, and conservative behavior of […]

More Bitcoin Holders Are Starting to Make Profit: Glassnode Report

More Bitcoin Holders Are Starting to Make Profit: Glassnode Report

Glassnode insights have released a report in which they broke down the current market sentiment based on recent on-chain data. According to the report, multiple trends are prevailing on the market right now: increasing dominance of large BTC transactions in the network, an increase in the number of profitable Bitcoin holders, and conservative behavior of […]

Bitcoin Exchange Whale Ratio Hits 90% – Be Careful, CryptoQuant CEO Warns

Bitcoin Exchange Whale Ratio Hits 90% - Be Careful, CryptoQuant CEO Warns

CEO and co-founder of the CryptoQuant on-chain analytics data vendor, Ki Young Ju, has shared a chart to show a massive surge of the Bitcoin Exchange Whale Ratio (72-hour moving average) in August. Is selling pressure from whales increasing? The ratio has hit a whopping 90 percent, he tweeted, adding that this is the highest […]

Bitcoin Exchange Whale Ratio Hits 90% – Be Careful, CryptoQuant CEO Warns

Bitcoin Exchange Whale Ratio Hits 90% - Be Careful, CryptoQuant CEO Warns

CEO and co-founder of the CryptoQuant on-chain analytics data vendor, Ki Young Ju, has shared a chart to show a massive surge of the Bitcoin Exchange Whale Ratio (72-hour moving average) in August. Is selling pressure from whales increasing? The ratio has hit a whopping 90 percent, he tweeted, adding that this is the highest […]

BREAKING: BitMEX Pays $100 Million to Resolve CFTC and FinCEN Charges

BREAKING: BitMEX Pays $100 Million to Resolve CFTC and FinCEN Charges

Cryptocurrency exchange BitMEX has forked out $100 million to reach a resolution with the Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network, according to its Tuesday announcement.  CEO Alexander Höptner says that he’s glad to leave the exchange’s legal woes in the past:   Today marks an important day in our company’s history, and we […]

BREAKING: BitMEX Pays $100 Million to Resolve CFTC and FinCEN Charges

BREAKING: BitMEX Pays $100 Million to Resolve CFTC and FinCEN Charges

Cryptocurrency exchange BitMEX has forked out $100 million to reach a resolution with the Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network, according to its Tuesday announcement.  CEO Alexander Höptner says that he’s glad to leave the exchange’s legal woes in the past:   Today marks an important day in our company’s history, and we […]

Nasdaq-Traded Metromile Car Insurer Buys $1 Million in Bitcoin, Reports This to SEC

Nasdaq-Traded Metromile Car Insurer Buys $1 Million in Bitcoin, Reports This to SEC

A San Francisco-based pay-per-mile automobile insurance company has revealed a Bitcoin purchase while reporting its results for the second quarter this year. The company is listed on the Nasdaq exchange with a MILE ticker. The company, Metromile, has revealed buying an aggregate $1 million worth of digital currencies. The form Metromile filed with the U.S. Securities and Exchange […]