Bitcoin price is now up $6,000 from yesterday’s low in a flash. A long wick below support is now left behind, forming a Japanese candlestick formation called a dragonfly doji. With a large follow through by crypto bulls already, a daily close above $36,000 could leave a reversal pattern behind on the charts. But to how high might the once […]

This week CoinGeek opened to an excited crowd in Zurich. While other conferences happening on the other side of the world were busy screaming, tearing up money and throwing chairs around, (and other sorts of behavior more suited to a rock concert) the markedly more professional crowd gathered in Zurich were excited to hear about the industry development in the […]

Social media can cause digital currency price fluctuations, for better or worse. For instance, the trending news about a big cryptocurrency exchange hack can cause a massive fall in token value. CoinIdol, a world blockchain news outlet, researches how the top 4 social media treat cryptocurrency and blockchain. Facebook Currently, Facebook (FB) is the largest social media site in the […]

Investment firm Victory Capital Management announced it would be taking steps for its U.S.-based investors to get exposure to the crypto market. In a Wednesday announcement, Victory Capital said it would be the exclusive sponsor of “private placement funds and other vehicles” based on the Nasdaq Crypto Index, or NCI, an index developed by Nasdaq and Brazilian crypto asset manager […]

Interactive Brokers LLC (NASDAQ: IBKR) is looking forward to offering cryptocurrencies trading within its platform in the coming months, according to an announcement made at the Piper Sandler Global Exchange & FinTech Conference. Thomas Peterffy, Interactive Brokers Chairman and CEO, made the announcement and hinted at the possibility of having it ready by the end of the summer. “Customers certainly […]

Coinbase, Kraken, Hong Kong-based Bitfinex, and KuCoin are among exchanges eying the Indian crypto market despite unclear regulation hindering regulated banks and financial institutions from offering services to crypto exchanges and businesses. A source familiar with the matter said that the companies “have already begun talks to understand the Indian market.” The source is directly involved with one exchange that […]

FX and CFDs broker, FBS has strengthened its team in the Middle East by on-boarded Ahmed Negm as the Head of Research Department in its office in Egypt. Negm already joined the brokerage earlier this month, according to his Linkedin profile. He is a trading industry insider, having spent all of his decade-long career with various brokers. Also, he knows […]

El Salvador’s Bitcoin Bill was first publicized last weekend during the Bitcoin Miami 2021 Conference. It proposes to regulate Bitcoin as legal tender, therefore integrating it with the country’s official currency, the U.S dollar. Yesterday, the Bill was passed before Congress to seek approval. Anthony Pompliano called it a “historic day for humanity.” The latest reports suggest that the Bill […]