According to analysts at Glassnode, the liquidity of Bitcoin is shrinking. As more institutional investors gobble the digital asset, bitcoin could be heading for liquidity crises in the future. The laws of demand and supply are at play here and since the demand for Bitcoin from institutional investors far outweighs
Vancouver-based augmented reality firm, NexTech AR, has indicated its interest in Bitcoin. This is coming amidst the frenzy of institutional investors buying the digital gold. The company in a press statement issued on December 30, revealed its plans to commit an initial $2 million to buy bitcoin. The purchase will
Hong Kong-based multinational financial services company Greenpro Capital Corp. has announced its plan to invest in Bitcoin. The company in a press statement said that it will invest in Bitcoin with its own cash, and also raise up to $100 million in debt to buy more of the digital asset.
In response to Ripple’s fallout with the U.S. Securities and Exchange Commission (SEC), several exchanges have begun delisting XRP or suspending trading activities. Bittrex is the latest to join the pool of exchanges. The US-based crypto exchange announced that XRP trading pairs would effectively be removed from its
As the Ripple saga continues to unfold, the battered crypto firm has gotten a date in court with the U.S Securities and Exchange Commission (SEC). The New York Southern District Court has ordered all the parties involved in the case to appear for a pretrial conference with Judge Analisa
In May 2019, National Football League player Russell Okung tweeted that he wanted his wages in Bitcoin. Less than two years later, his wish has finally been granted. Okung will become the first player from a major U.S. sports league to receive his wages in bitcoin. Pay me in
The second richest man in Mexico, Ricardo Salinas Pliego, has dubbed bitcoin as one of his best investments ever. The early-stage bitcoin billionaire told Cointelegraph that he started buying the digital asset back in 2013 when the price was only $200. It turns out that his gamble paid out. Pliego
According to on-chain analyst data, Bitcoin whales comprising of both institutional and retail investors are continuing to buy the digital asset amidst its recent price rally. One would have expected that Bitcoin buying will slow down the Christmas holidays. However, stats suggest that large-scale investors have increased their bitcoin buying
The Indian Government has hinted at possible taxation of Bitcoin transactions in the country. According to reports, Bitcoin trading could attract a fee of up to 18% in India following a recent proposal to impose a “Goods and Services (GST)” tax on Bitcoin. This new proposal could generate up to
Crypto card processing fintech company; Crypterium kicks off this holiday season with a limited promotion designed to bring prosperity to all new customers. Everyone signing up in the upcoming weeks will have the opportunity to open a CRPT savings account that pays an ultra-high annual yield of 21%. This is
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New Crypterium users will be delighted to hear that some CRPT is coming their way. Everyone signing up in the upcoming weeks will have the opportunity to open a CRPT savings account that pays an ultra-high annual yield of 21%. Crypterium Blows Out Three Candles Many cryptocurrency enthusiasts are familiar
It appears XRP’s woes are far from over as Coinbase becomes the latest exchange hint on suspending XRP trading activities. This is coming a few hours after OKCoin announced that it was suspending XRP deposits and trading beginning on January 4, 2021. As a backstory, the U.S. Securities
When it comes to the price of digital assets, most “so-called” price predictions and technical analysis are just speculations. For instance, no one predicted the massive demand from institutional investors. However, it is happening. In 2018, Peter Brandt became famous for correctly predicting the collapse of Bitcoin in January 2018.
Following the massive Bull Run of Bitcoin in the last few weeks, many pundits have predicted a possible correction. Surprisingly, the digital gold has not shown any signs of slowing down. Instead, Bitcoin is pushing for new highs after breaking the $28,000 mark today. Vijay Ayyar, head of business
Thanks to bitcoin-focused gaming developer, ZEBEDEE, Counter-Strike players may now be able to earn bitcoins for just gaming. Their latest lightning network integration will allow players to bet bitcoin and earn sats for each kill. This is such a big deal because Counter-Strike: Global Offensive attracts over 20 million active
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Popular cryptocurrency exchange, Binance, has announced the launch of its European-style Bitcoin options contract, a move that puts the exchange in direct competition against Deribit. Deribit is one of the leading exchanges offering crypto options trading. The launch is coming after a successful testnet that happened back in November. According