Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Facebook’s release of Libra white-paper raised a lot of awareness in the cryptocurrency and traditional banking communities. Many experts compare Facebook’s Libra to Bitcoin and other cryptos. The main question is, how Libra could affect Bitcoin price?
Here’s how the analysts are predicting higher targets for Bitcoin price based on the strengthening technical charts, growing fundamentals, and higher institutional participation.
CBOE, short for Chicago Board Options Exchange, has decided to stop offering Bitcoin futures on its options market. After the announcement, the open interest in CME Bitcoin Futures contract kept hitting record highs.
Bitcoin price breakout at the resistance level of $9,398 by the Bulls will expose the $10,016 resistance level which may be its target. Should the Bears gain enough pressure and break down the support level of $8,879 the price may decline to $8,565 level.
Since Facebook revealed its new project Libra, and everything that is related to it, people are starting to wake up and speculate – is Facebook’s Project Libra going to take over the cryptocurrency industry? Whether it will be a good or a bad mark, let’s see.
The first phase of the CoinMarketCap’s Data Accountability & Transparency Alliance initiative has come to its end: 70% of all the listed exchanges have managed to provide the required data.
Facebook just have released the whitepaper for their Libra project on libra.org, which is the official webpage for the social networks native cryptocurrency. They are coming out with a bold statement to bank the unbanked.
During an ‘ask me anything’ session, Binance CEO spoke about the upcoming launch of Binance.US, the recent IDO, and provided details of the Binance IEO.
The Lightning-powered Bitcoin Payments App by Breez aims to push Bitcoin adoption in daily spendings by making the transaction process seamless and hassle-free.
Looking into Bitcoin for a while, global giant broker TP ICAP decided to eventually enter the crypto game. The broker announced the expansion of its services now offering Bitcoin futures trading.
Binance will introduce crypto-pegged tokens on Binance Chain. A Bitcoin-pegged token (BTCB) will be traded on Binance and proposed for trading on Binance DEX.
JPMorgan Chase suggests that there is an increase in institutional interest which caused the Bitcoin futures volume to increase by 118% compared to the volumes recorded in April.
After the retracement, in case the Bulls gain more pressure to break up the resistance level of $9,398, Bitcoin price may target $1,016. Should the Bears defend the $9,398 level, BTC price may continue ranging within the $8,879 and $9,398 levels.
Billionaire Bitcoin cynic Warren Buffett agrees to give heed to the emerging blockchain technology. Following a $4.6 million USD bid by Tron CEO – Justin Sun to host a power lunch, along with Litecoin’s Creator – Charlie Lee as Guest Speaker.
In a twist of events, JPMorgan is looking for experts with sound Bitcoin tech for the possible development of its own blockchain networks. The company also states that Bitcoin futures are more ‘understated’ than its actual importance in the market.