Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. If you like the article, please follow us here on Blockchain.News so you won’t miss our future publications. BTC largely unchanged in the last 24 … Continue reading May 12: No Hype Needed for BTC
On the eve of Bitcoin’s Third Halving, the number of Bitcoin addresses and wallets hit an all time high. Notably, the number of Bitcoin addresses containing less than 1 BTC has more than doubled since the second halving in July 2016, with wallets containing less than 0.1 BTC showing the highest increase. The #Bitcoin network has seen … Continue reading Bitcoin Wallet Addresses At All Time High As Bitcoin Network Experiences Third Halving
Financial uncertainty makes people do strange things. In April 2020, people bought oil contracts, silver, and shares of companies that have no customers or revenue. This, despite massive job losses, pandemic disease, and a global economic meltdown. Silver plays no role in modern finance and we have enough oil above ground to last six months under … Continue reading Want Bitcoin's Price to go up? Bet on People, Not Inflation
According to a recent investors’ invitation, Goldman Sachs is calling for a conference call event to further discuss inflation, gold, and Bitcoin. The investment bank seeks to hold a call with its top investors on the “US Economic Outlook & Implications of Current Policies for Inflation, Gold, And Bitcoin”. Per the invitation, the event is … Continue reading Goldman Sachs Invites Investors to Conference Call on Bitcoin, Gold and Crisis Markets
The Bitcoin price hit its peak of around $20,000 at the end of 2017, but over the last two years it has been trading at around half that value. Along with Bitcoin, other cryptocurrencies that take their cue from the success of the pioneer crypto, have also not achieved anything close to their values at … Continue reading Crypto-Spring in Bloom as Institutions and Billionaire "OG" Investors Mature Towards Bitcoin
CoinDCX, India’s largest crypto exchange, has announced that it has raised $2.5 million from investors like Polychain Capital and Coinbase Ventures. Polychain Capital led the funding round with support from Coinbase Ventures, the investment arm of the US cryptocurrency exchange Coinbase. CoinDCX had raised a $3 million Series A round earlier in March, which was … Continue reading India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base
Fidelity Digital Assets surveyed 774 institutional investors across the United States and Europe, and 80 percent of those who were surveyed found something appealing about digital assets. The research was conducted from November 2019 to early March 2020 and is the second consecutive year that Fidelity Digital Assets has conducted this survey for US institutional … Continue reading Fidelity: 60% of Institutional Investors Believe that Digital Assets Have a Place in their Portfolio
Stocks have seen their worst day in three months, as the market has been concerned about a possible second wave of coronavirus cases as lockdowns have been easing in certain states in the US. Along with the risk of a second wave of infections in a few of the US states, US President Donald Trump’s … Continue reading US Stocks, Oil, and Bitcoin Price Plunge, Hinting Second Wave of Coronavirus Cases
In the classic “diffusion of innovations” theory, new technology has to progress from innovators to early adopters before it can go mainstream. Innovators are the 5% of people who adopt technology while it’s still experimental. They prove the concept. Early adopters come next. Generally, these people have connections with innovators, a high degree of thought … Continue reading Prepare for Bitcoin’s Early Adopters (They’re Not Who You Expect)
Bank of America is considering Bitcoin, Ethereum, and other altcoins to be cash equivalent, and will treat crypto-related transactions as cash advances. An image posted on social network Reddit showed a possible change in credit card terms and conditions of Bank of America regarding cryptocurrencies such as Bitcoin (BTC). Bitcoin, Ethereum, Litecoin, and other cryptocurrencies … Continue reading Bank of America Considers Bitcoin and Crypto Transactions to be Equivalent to Cash