Raoul Pal: Microsoft and Apple Will Buy Bitcoin Within Five Years

Real Vision CEO Raoul Pal predicted that tech giants like Microsoft and Apple would invest in bitcoin within the next five years to escape the devaluation of fiat.

Analysts Warn Stock Market Volatility Could Hurt Bitcoin

Analysts warn that bitcoin’s high correlation with stocks could lead to a sudden plummeting in price if the market undergoes volatility during next month’s presidential election.

Crypto Community Pushes Back on BoE Governor’s Comments on Bitcoin’s Value

Crypto community members pushed back on Bank of England Governor Andrew Bailey’s criticism of the lack of intrinsic value in bitcoin.

Bitcoin Will ‘Be Your Only Refuge’ Says Tyler Winklevoss

Gemini exchange founder Tyler Winklevoss criticized the financial markets and said bitcoin would be the only “refuge” after stocks pumped in response to news of another U.S. stimulus package.

UK Markets Watchdog Bans Sale of Crypto Derivatives and ETNs to Retail Investors

The UK’s markets watchdog, the Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives and exchange-traded notes (ETNs) to retail investors. In an announcement, the FCA reveals it considers crypto derivatives and ETNs to be “ill-suited for retail consumers due to the harm they pose.” The regulator added that these products “cannot be […]

Crypto ETP Trading Volumes Plunged 74% Over the Last Month

Cryptocurrency exchange-traded product (ETP) trading volumes have plunged over 74% in the last month, as the prices of these products have also been dropping. According to cryptoasset data aggregator CryptoCompare, in its newly launched The Digital Asset Management Review, exchange-traded products dropped 74% over the last month from $186.5 million in mid-August to an average […]

Brazilian Fund Manager to Launch World’s First Crypto ETF with Nasdaq

Regulated Brazilian fund manager Hashdex has reportedly partnered with Nasdaq to launch the world’s first cryptocurrency exchange-traded fund (ETF) on the Bermuda Stock Exchange (BSX). According to a report published by local news outlet Infomoney, Hashdex has already obtained approval to launch the ETF, dubbed the Hashdex Nasdaq Crypto Index ETF. The ETF was developed […]

Macroeconomist Says World ‘Drowning’ in US Dollars While BTC Prices Bounce Back

Business analyst Stephen Bartholomeusz says the world is drowning in US dollars, which has created macroeconomic conditions for bitcoin and gold to flourish.

Global Fiat Failure Will Push Countries into Bitcoin, Says Max Keiser

Bitcoin bull and Keiser Report host Max Keiser says countries and central banks will turn to bitcoin as a hard asset in the even of global fiat failure.

Peter Schiff Bashes Grayscale Over ETHE’s 80% Price Drop Since June

Gold bug peter Schiff has bashed Grayscale Investments over the price performance of its Ethereum investment vehicle, the Ethereum Trust (ETHE), which has lost nearly 80% of its value since its June high. In a tweet, Schiff claimed that the company’s advertising campaign on the history of money that supported its Bitcoin Trust (GBTC) and […]

Crypto Derivatives’ Monthly Volumes Hit New All-Time High Above $700 Billion: Report

 A total of $711.7 billion worth of cryptocurrency derivatives products were traded in August, as volumes went up 53.6% when compared to July. The figure represents a new all-time high for monthly derivatives trading volumes. According to CryptoCompare’s August 2020 Exchange Review, derivatives volumes went up over 50% in August while spot volumes increased 49.6% […]

Top-Tier Cryptocurrency Exchanges Dominated Trading Volumes in August: Report

Last month, Top-Tier cryptocurrency exchanges have seen their trading volumes soar by 58.3%, while Lower-Tier crypto trading platforms saw their volumes increase 30.2% over the same period. Top-Tier trading platforms now represent 64% of the crypto space’s total trading volume. The data comes from CryptoCompare’s August 2020 Exchange Review, with exchange rankings coming from CryptoCompare’s […]

Bitcoin Plunges Below $11,000 After 92,000 BTC Move to Exchanges

The price of Bitcoin has plunged this afternoon, going from about $11,400 earlier in the day to a $10,600 low before it started recovering as buyers stepped in. According to CryptoCompare data, the flagship cryptocurrency’s price dropped by over $400 in little over 20 minutes, going from over $11,2000 to $10,800 before the sell-off continued. […]

Zeus Capital Warns ChainLink Investors: ‘Don’t Get Fooled’

Asset management firm Zeus Capital has warned LINK investors not to be fooled by the coin’s price and to exit their positions before “it’s too late.”

Singapore Exchange and CryptoCompare Launch Bitcoin and Ethereum Indices

Asia’s leading multi-asset exchange, Singapore Exchange (SGX) has started collaborating with UK-based cryptocurrency market data provider CryptoCompare to launch two cryptocurrencies indices, for bitcoin and ether. According to a press release,  the indices will be under the SGX iEdge index suite and will only use transaction data from top-rated cryptocurrency exchanges. Both the iEdge Bitcoin […]

Keiser: Buffett Exiting USD Bullish for Bitcoin, ATH in ‘Near Term’

Bitcoin bull Max Keiser says Warren Buffett’s move into Japan is bullish for BTC and indicates a further weakening dollar.

Visa Exec Tells Investors to ‘Opt-Out’ With Bitcoin as US Dollar Index Plummets

Visa exec Andy Yee blasted Jerome Powell and the Federal Reserve’s policy changes to devalue the US dollar and encouraged investors to “opt out” of the system with bitcoin.

Popular Crypto Trader Shares Secrets After Growing His Bitcoin Fortune

Popular crypto analyst SalsaTekilla has shared his trading secrets for growing 0.2 BTC into over $100,000.

SBI FX Trade Lists Bitcoin, Ether, and XRP CFDs

SBI FX Trade, the retail forex brokerage arm of Japanese financial services giant SBI Holdings, has announced the listing of contracts for differences (CFDs) contracts for cryptocurrencies on its platform. The platform is reportedly going to launch trading of CFDs in three different cryptocurrencies: bitcoin, ether, and XRP. These will be traded against the US […]

Bakkt Bitcoin Monthly Futures Trading Volume Sets New All-Time High

The trading volume of Bakkt’s Bitocin Monthly Futures contracts has hit a new all-time high close to the $150 million mark on August 25, as institutional interest in the cryptocurrency space keeps growing. According to a Twitter bot tracking the performance the Intercontinental Exchange’s (ICE) cryptocurrency venture, open interest dropped by 10% to $9.4 million […]

Veteran Trader Peter Brandt Questions Bitcoin’s Validity Without Central Bank Backing

Veteran trader and chart analyst Peter Brandt kicked off a wave of Twitter debate after questioning bitcoin’s potential as a global currency without central bank backing.

Singaporean Banking Giant DBS Lauds Crypto, Says Industry is Charting ‘Brave New Frontiers’

Singaporean-based financial services giant DBS has released a report lauding cryptocurrency and saying the industry is providing investors a convenient and secure alternative to fiat.

Schiff: Investor Interest in Bitcoin Still Low Despite Efforts to Pump Price

Gold bug and crypto critic Peter Schiff says that interest in bitcoin remains low despite massive efforts to pump the price.

Bitcoin Essential Ahead of ‘Major Banking Crisis’, Says Rich Dad Poor Dad Author

Robert Kiyosaki, the author of the bestselling book Rich Dad Poor Dad, has told his followers on social media buying bitcoin, gold and silver are essential investments ahead of an upcoming “major banking crisis.” Via the microblogging platform Twitter, the author of the bestselling book told his followers there was no time to “think about” […]

Bitcoin Halving Triggered a BTC Bull Market, Weiss Ratings Suggests

Stock and crypto ratings agency Weiss Ratings claims May’s block reward reduction kicked off a sustained bull rally for bitcoin which could take the asset to a new all-time high.

Barstool Sports Founder Dave Portnoy Says He’s on Pace to Become Bitcoin Millionaire

Barstool Sports founder Dave “Davey Day Trader” Portnoy claims to be on pace for making one million in bitcoin profits per month after recently entering the investment space of crypto.

Bitcoin Above $12000, Gold Above $2000, S&P 500 Hits New All-Time High

As of 20:10 UTC (16:10 Eastern Time) on Tuesday (August 18), Bitcoin is trading above $12,000, gold is hovering around the $2,000 an ounce level, and the S&P 500 Index closed at 3,389.78, which is a new all-time high (ATH). Bitcoin According to data from CryptoCompare, Bitcoin started the day (00:00 UTC) at $12,301, and […]

Options Traders Betting on Ethereum Reaching $500 Within Next Two Month

Options data suggests that traders are turning bullish on ethereum and are betting the price will reach $500 within the next 40 days.

Bitcoin Has a 30% Chance of Reaching $17,000 by Year’s End, Analyst Says

Cane Island Alternative Advisors asset manager Timothy Peterson says bitcoin has a 30 percent chance of reaching $17,000 by the end of the year.

Raoul Pal: Bitcoin Forming ‘Incredibly Bullish’ Patterns

Former Goldman Sachs manager Raoul Pal said bitcoin is forming “incredibly bullish” chart patterns and predicted BTC would outperform all other assets over the next 24 months.

Bitcoin Miner Maker Ebang Prepares to Launch Crypto Exchange in Singapore

Nasdaq-listed bitcoin mining machine maker Ebang (EBON) has announced it established a wholly-owned subsidiary in Singapore, in preparation for establishing a cryptocurrency exchange there. According to an announcement the company published, it’s now trying to get the relevant governmental approval and a license to operate the cryptocurrency exchange. Dong Hu, Ebang’s chairman and CEO, was […]

Cameron Winklevoss Tells Iranians to Invest in Bitcoin Instead of Oil

Gemini co-founder and bitcoin billionaire Cameron Winklevoss recommended Iranians invest in bitcoin after the country’s president urged citizens to buy shares in a new oil scheme.

Tezos (XTZ) Longs on Bitfinex ‘Still Sky High’ After Crypto Surges 47% In Two Weeks

Tezos (XTZ), a smart contract blockchain built with formally verifiable code, has seen its price surge over 47% over the last two weeks, and analysts are pointing out long positions on the cryptocurrency are still “sky high.” According to CryptoCompare data, the price of XTZ has moved from little under $2.8 at the end of […]

Ripple Transfers 25 Million XRP, Jed McCaleb Cashes Out Another 10 Million

Ripple, the parent company behind XRP, transferred a whopping 25 million XRP while co-founder and former CTO Jed McCaleb cashed out an additional 10 million XRP.

Peter Brandt Criticizes Tether For Being ‘Another Fiat Currency’

Popular crypto trader and chart analyst Peter Brandt called Tether “another fiat currency” and said USDT’s influence over the market was an “accident waiting to happen.”

Bitcoin’s Price Correlation With Gold Hits New All-Time High

Bitcoin has reached an all-time high in monthly correlation to gold, leading to praise for BTC as a store-of-value asset.

Keiser: ‘Capital Flight out of Asia’ Will Take Bitcoin to New Price Highs

Max Keiser, bitcoin bull and host of the Keiser Report, says that capital flight out of Asian markets will utilize bitcoin and take the crypto-asset to new price highs.

Bitcoin Will Outperform Gold and Silver, Rich Dad, Poor Dad Author Robert Kiyosaki Predicts

Rich Dad, Poor Dad author Robert Kiyosaki predicted bitcoin would become the “fastest horse” in the race against precious metals and the S&P 500.

Crypto Derivatives See Second Highest Volume Ever in July: CryptoCompare Report

On July 27, after bitcoin surpassed the $10,000 mark, $46.91 billion worth of derivatives were traded. The day’s volume was second only to March 12, the day the price of bitcoin crashed nearly 50%. According to CryptoCompare’s July 2020 Exchange Review, Deribit’s options volumes stood out last month, as they set a new all-time high, […]

Top-Tier Crypto Exchanges Beat Riskier Platforms as Crypto Trading Volumes Recover

Top cryptocurrency exchanges have seen their trading volumes surge throughout July, so much so these now represent 60% of the crypto space’s total spot volume. According toCryptoCompare’s July 2020 Exchange Review, Top-Tier cryptocurrency trading platforms, those graded AA-B according to the firm’sExchange Benchmark, have seen their spot volumes increased by 42.1% to $334 billion last […]

As Dollar Weakens, U.S. Stocks, Gold, Silver, and Bitcoin Are Chasing New Highs

August 5 was an interesting day in the equities, precious metals, and crypto markets, with Nasdaq and gold setting new all-time highs, silver almost reaching an eight-year high, and Bitcoin surging over 4% against the dollar to break $11,750. Let’s start with the U.S. dollar. As MarketWatch reported earlier today, the “U.S. Dollar Index” (DXY)—which […]

20,000 Won’t Pose ‘Any Resistance’ for Bitcoin, On-Track for Six Figures: Max Keiser:

Bitcoin supporter and Keiser Report host Max Keiser predicted bitcoin’s rally would continue to $28K before reaching any resistance.

90% of Ethereum’s Supply Is in a State of Profit, Which Could Mean a Big Move Is Near

Over 90% of Ethereum’s circulating supply is now in a state of profit, which could mean a significant bearish move is coming in the near future, as the last time this happened the price of ETH dropped from $925 to $380 in 2018. According to research and analytics firm Glassnode, the percentage of the second-largest […]

Crypto Hedge Fund Shuts Down After Losing Half Its Money

Cryptocurrency hedge fund Neural Capital has shut down after losing half of its money since it launched back in 2017, when most cryptocurrencies rose to their all-time highs. According to CoinDesk, Neural Capital is now in the process of refunding investors’ money. The news outlet’s report cites three sources familiar with the matter, who claimed […]

Bitcoin Flirting With $11,500 After Nasdaq Sets a New All-Time High

According to data from CryptoCompare, around 16:15 UTC (i.e. 12:15 Eastern Time) on Monday (August 3), Bitcoin flirted with $11,500, reaching an intraday high of $11,476, which was 4.85% higher than the price it had at the start of the day. Due to the positive correlation between Bitcoin and U.S. equities that we have witnessed […]

Investor Dennis Gartman Is ‘Social Distancing’ in ‘Too Crowded’ Gold Market

Gold bug and long-time investor Dennis Gartman says he’s exiting the gold market which has become “too crowded” with retail investors going long.

Q2 2020 Statistics: A Surge in Registrations and Deposits Among Russian and Chinese Users

The decrease in cryptocurrency volatility, which has been ongoing for about two months now, has not significantly affected trading volumes in the second quarter of 2020. While user activity as a whole remained at the same level, two countries — China and Russia — showed significant growth in the number of new registrations and deposits. […]

Bitcoin Is a Safe Haven Rival to Gold, Says $10 Billion Advisory Group CEO

The CEO and founder of $12bn financial giant deVere Group says bitcoin is set to surge and has established itself as a safe-haven asset.

Open Interest in Ether Futures Hits $1 Billion All-Time High

The total value of contracts that have not yet been settled on Ethereum futures has now surpassed the $1 billion mark for the first time. According to data from market analytics firm Skew, first reported on by Decrypt, the aggregated open interest on ETH futures surpassed the $750 million mark earlier this year ahead of […]

World Will Not Adopt a Bitcoin or Gold Standard, Says Trader Who Called Bitcoin’s 84% Drop in 2017

Popular Twitter trader and market commentator Peter Brandt predicted the world would not return to a gold standard or rely upon “pet rock” cryptocurrencies to back fiat. 

First Crypto Hedge Fund Licensed in U.K. Shuts Down Over Insufficient Institutional Demand

The first cryptocurrency hedge fund to receive a stamp of approval from the U.K.’s Financial Conduct Authority (FCA) is shutting down over “insufficient” demand from institutional investors.

OKEx Expands Derivatives Offering With DOTUSDT and FILUSDT Perpetual Swaps

Popular cryptocurrency exchange OKEx is expanding its derivatives offering to its users with new DOTUSDT and FILUSDT perpetual swaps, shortly after it added DOGE margin trading and savings accounts.

Crypto Influencers Predict Global Economic Shift Will Favor Bitcoins Price

A group of crypto influencers and fund managers recently discussed the future of bitcoin, concluding that the changing global economic landscape would favor BTC. 

Bitcoin Could Soon Enter a Bull Run, Indicator Shows

Bitcoin’s Hash Ribbon indicator has signaled a “buy” for the second time in 2020, indicating a possible bull run ahead for BTC. 

Top-Tier Cryptocurrency Exchanges Are Gaining Market Share: CryptoCompare Report

CryptoCompare’ has published an updated version of its Exchange Benchmark, which was established in 2019 to help crypto users assess cryptocurrency exchange risks, and the findings show Top-Tier trading platforms are gaining market share.

Alt Season Is Back: DOGE, VET, ZRX, ADA, a KNC See Prices Skyrocket

The price of bitcoin has been relatively stable since the beginning of May. After dipping to a $4,780 low this year during the so-called crypto Black Thursday, BTC’s price recovered to the $9,000 mark as has been rangebound since, unable to break through the $10,000 barrier.

Crypto Trading Volumes Plummet in June, CryptoCompare Report Shows

Cryptocurrency trading volumes plummeted in June to “roughly half of the daily volumes” seen in May, according to the CryptoCompare June 2020 Exchange review report.

Crypto Quant Fund Exec Compares S2F BItcoin Model to Astrology

Nico Cordeiro, chief information officer for crypto quant fund Strix Leviathan, published a critique of bitcoin’s stock-to-flow model, comparing it’s prediction potential to that of astrology.

Kyber Network (KNC) Is up Over 650% YTD Thanks to Upcoming ETH Staking Rewards

The Kyber Network’ KNC token has seen its price rise over 650% so far this year thanks to an upgrade that will be introduced into the network this month, allowing users to stake tokens and earn ETH rewards while participating in governance.

New York-Based Asset Manager Secures $190 Million for Bitcoin Fund

The New York Digital Investments Group (NYDIG) has raised $190 million for a bitcoin fund called the NYDIG Institutional Bitcoin Fund LP, according to a filing with the Securities and Exchange Commission disclosing it.