Coinbase Goes on Wall Street Hiring Spree as Part of Global Expansion
Coinbase has cut the ribbon for its new New York office with plans to expand the staff profile to 150 employees over the next 12 months. As part of the company’s expansion plans, the current staff of 20 have been acquired from the New York Stock Exchange, Barclays, and Citigroup, which indicates the level of seriousness on […]
Bitcoin Annual Returns Show Long-Term Profitability
A simple calculation of Bitcoin annual return, which is the percentage difference in price from the beginning of the year to the end of the year, shows that the cryptocurrency has been extremely profitable practically every single year since it was launched. This blows away the profit percentages for other asset classes like stocks and […]
Williams Percentage Range Indicates Bitcoin Is Oversold
According to Bloomberg, the Williams Percentage Range for Bitcoin is sitting at -83%, indicating that the popular cryptocurrency market is oversold. This suggests that a corrective rally may soon occur to bring Bitcoin back up to its equilibrium. The Williams Percentage Range was developed by Larry Williams and is a technical analysis oscillator that indicates […]
Bitcoin Whale Watch: USD 380 Million Leaves #1 Bitcoin Wallet In Only 4 Days
Bitcoin whale watch is in full effect since 58,550 bitcoins worth approximately USD 380 million left the biggest Bitcoin wallet in only 4 days. The wallet in question is the Bitfinex cold storage wallet, and based on the blockchain records, this sort of outflow in such a brief amount of time is highly unusual. Remarkably, despite […]
TV Entertainment Increasingly Featuring Crypto, But Is It Still the Elephant in the Room?
Another TV staple has added some extra exposure to cryptocurrency with Britain’s longest running soap featuring its own fictional version. The programme, Coronation Street, is one of the world’s oldest TV dramas, first appearing on British TV in 1960, with a run of 9,500 episodes since its creation. The show is watched nightly by over […]
South Korea Looks to Blockchain With Samsung Tech to Improve Customs Service
Electronics giant Samsung is to develop a blockchain powered platform for use by the Korean Customs Services. The IT arm of Samsung, Samsung SDS is basing the platform on Nexledger, currently used by businesses as a way of reducing expenses in managing financial transactions and data exchange. Along with some other 48 organizations, including shipping and […]
Robinhood Maintains Zero Fees by Selling Customer’s Orders to High-Frequency Trading Firms
Robinhood is a popular stock trading app that has expanded into crypto, and one of their biggest selling points is that they offer customers zero-fee trading. This business model has been somewhat of a mystery, especially in the areas of sustainability. However, a filing with the Securities and Exchange Commission (SEC) of the United States […]
BitcoinNews.com Daily Podcast, 15th September 2018
Listen to the 15 September 2018 BitcoinNews Radio Show below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1359301/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-8-16%2F4617743-44100-2-6a7faa03b7d5a.mp3″] In this edition of the BitcoinNews.com Daily Radio, hear about Tim Draper’s forecast for a USD 80 trillion crypto market cap, the most bullish forecast in history. We discuss how the Reserve Bank of India says Bitcoin is not a currency, and they […]
Tim Draper Makes Most Bullish Bitcoin and Crypto Forecast in History, Calls for USD 80 Trillion Crypto Market Cap
Crypto enthusiast and venture capitalist Tim Draper, who made headlines across the crypto world when he purchased the Silk Road bitcoins from the US Marshals has made the most bullish crypto and Bitcoin forecasts in history. He is calling for the crypto market cap to hit USD 80 trillion within 15 years, which implies a […]
BitcoinNews.com Daily Podcast, 14th September 2018
Listen to the 14 September 2018 BitcoinNews Radio Show below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1333174/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-8-14%2F4573922-44100-2-7b0278bd3b88c.mp3″] On this edition of the BitcoinNews.com daily radio show, we discuss CoinMarketCap’s historical snapshots which show 2018 is not a bear market. Learn about the new decentralized mapping and navigation system FOAM which is based on Ethereum. Hear about how the SEC has […]
