The Currency Analytics
By Dan Saada
The Bakkt news has led to an increase in the price of Bitcoin by $1,000. This price hike, in turn, neutralized the bearish set up on the intraday charts.
Bakkt Exchange stated that they would be launching physically-settled Bitcoin futures on September 23, 2019.
Erik Finman, the teen Bitcoin “millionaire” recently predicted that the price of Bitcoin might climb back to its all-time highs at $20,000 before the end of this year.
Finman in the past pronounced Bitcoin as “Dead” particularly during the bitter market trends of Bitcoin and cryptocurrency when the majority of the cryptocurrency was down by 90%…
The way countries structure their virtual currency is becoming a matter of wide debate, as none of them do want to be linked to similar portfolios like the failed state of…
Binance will be launching “Venus” a lot similar to the upcoming cryptocurrency Libra.
Yi He, Co-founder of Binance, stated: “We believe that in the near and long term, stable coins will progressively replace traditional fiat currencies in countries around the…
Binance has further welcomed more governments, companies, and organizations who have a “strong influence” on a global scale to collaborate with it concerning the Venus initiative.
Serving the unbanked and facilitating money transfers for a low fee are all structural resemblances of Venus to Libra.
CZ, Binance Tweeted thus: "Always happy to co-exist. This should help Libra if you think about it. Will leave it at that.
Several giant corporations and individual nations are trying to build upon their value by issuing their cryptocurrencies.