The price of Bitcoin dips below $40k, triggering bearish sentiment. BTC is now down 40% from its highs, making this in line with the worst drops of 2017. Currently, Bitcoin is holding the 200-day moving average, having wicked below it briefly during the early hours. Source: BTCUSD on TradingView.com William Clemente III noted that Bitcoin inflows into Binance have never […]

With the Kimchi premium back in the South Korean market, the Bank of America (BoA) believes that the persistent premium is as a result of the government’s capital flow control policy. Kimchi Premium Persists Because of Capital Flow Control  According to Reuters on Tuesday (May 18, 2021), BTC price on Tuesday was $4000 higher than normal in South Korea. Meanwhile, […]

We already know that BTC itself cannot scale and that Lightning Network does not solve BTC’s technical and economic problems. However, only few are able to really pin down the underlying flaws of BTC and Lightning Network. Educator and consultant Matthew Zietzke is one of them, and that is why we caught up with him to hear about the fundamental errors […]

New legislation proposed in Nebraska would allow banks to facilitate digital currency transactions, in a move that would bring the state in line with others, such as Wyoming. The initiative was passed through the first of three stages by lawmakers, winning the support of 39 elected representatives. The bill will now move on to the second stage of the legislative […]

Blockchain-based streaming service Sator has developed a decentralized app that will enable users to earn NFTs, tokens and “other rewards” by watching TV and playing games. While details are sparse on the exact amount of rewards users can receive, according to the website, NFTs awarded will be directly tied to amount of shows watched, and time spent engaging with puzzles […]

Bitcoin price failed to stay above the key $42,150 support zone against the US Dollar. BTC is declining and it remains at a risk of a sharp decline below $40K. Bitcoin failed to stay above the main $42,000 and $42,150 support levels. The price is now trading well below $45,000 and the 100 hourly simple moving average. There is a […]

Bitcoin inflows to centralized exchanges have surged, prompting bearish speculation the crypto markets could be building up to a violent wash-out. Lex Moskovoski, CIO at Moskovoski Capital, shared data showing that 22,917 BTC was transferred onto centralized exchanges in a single hour on May 18. Moskovoski noted the hourly inflow was the largest since the March 2020 “Black Thursday” crash. […]

Andrew Bulman joins global financial services organization, Fabriik, as Head of OTC. Andrew brings over 10 years of experience in the financial services industry. His calm and pragmatic approach to client relationships has led to trusted connections with industry peers and clients alike and has resulted in exponential organic growth on his accounts. Andrew’s strength lies in understanding the financial […]

The price of Bitcoin has gained more than one hundred and eighty per century this year, while hedge funds have reported only 3.5 % per century on average. Most hedge fund managers have stayed away from bitcoin. However, the few who have included him have clearly outdone their peers. Average Hedge Funds Return 3.5 % century this year Hedge Funds […]