Blockchain 

Bitcoin Mutual Fund Will Help Asian Investors to Trade Cryptos

Even a couple of years ago, something called a Bitcoin mutual fund would have been regarded as a fanciful notion by most people and perhaps rightly so. However, during this period, a lot of advancements have taken place in the crypto world, and a genuinely strong ecosystem has emerged. That has now made it possible for a lot of new products to be introduced by enterprising firms. One of those is the mutual fund backed by Bitcoin. Increased Participation In a new development that should come as good news for…

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Blockchain 

North Korea Expected to Launch Its Own Cryptocurrency Similar to Bitcoin

North Korea has set plans in motion to create its own cryptocurrency that will be similar to Bitcoin or other cryptocurrencies. The crypto will help the country avoid international sanctions and evade the global US-dominated financial system. North Korea to Introduce Own Crypto A representative of the regime has indicated that the planned cryptocurrency will be the same as the other cryptocurrencies. Alejandro Cao de Benos, the head of the country’s crypto conferences, said that they are currently evaluating products that will offer the digital currency value. For now, the…

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Blockchain 

Altcoin Season? Bull Run Continues While Bitcoin Stalls

All but two of the top 15 cryptocurrencies are trading upwards today as altcoins continue their bull run, while Bitcoin (BTC) is down 0.45%. Many analysts are predicting that the altcoin bullish run recently indicates the beginning of altcoin season, a period in which traders tend to get overly excited about Bitcoin alternatives so they can increase their Bitcoin holdings in the long run. Unlike the name suggests, altcoin season is not something that happens at the same time every year, as seen by the fact the market for alternative…

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Blockchain 

Bitcoin Cash Will Be Available on HTC’s Blockchain Phone

Over the past few years, plenty of cryptocurrencies have been created that have further broadened the ecosystem, and one of the most important ones is Bitcoin Cash. On the other hand, it has to be taken into consideration how a crypto ecosystem is emerging pretty quickly, and one of the recent developments in this regard are crypto phones—or blockchain phones. Over the past weeks, companies like Samsung and LG have announced plans to introduce crypto smartphones, which is why the latest development with regards to HTC is not really a…

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Blockchain 

Bitcoin.com to Launch a Bitcoin Cash Supported Futures Contract

Cryptocurrency investor Roger Ver’s Bitcoin.com is in talks with Bitcoin Cash (BCH) to launch a futures contract. David Shin, the company’s head of the exchange division, dropped the revelations regarding the prospect. The company is also working on different plans to enhance its interest in Bitcoin Cash together with the futures contract. Futures Contract to Make the Cryptocurrency Third Largest The introduction of the futures contract will have the goal of increasing the company’s market capitalization of cryptocurrency. This will make it the second-biggest crypto behind Bitcoin. Shin confirmed that…

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Blockchain 

Bitcoin Continues to Face Tough Hurdle on Trade War Concerns

One of the biggest events in the news cycle this year was the return of Bitcoin and the rally that went on in the first half of the year was quite remarkable. It helped in a surge of sorts in the wider crypto space as well, but many believed that the Bitcoin rally was going to continue. However, in July, the momentum was lost, and since then, the world’s biggest cryptocurrency has struggled to reach its earlier heights. That being said, there had been hope that the rising trade war…

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Blockchain 

Bitcoin Volatility Eases | Is This Good or Bad for Crypto Traders?

One of the most remarkable cryptocurrency rallies was witnessed back in 2017 when Bitcoin managed to hit a price of almost $20,000 per coin. 2018 proved to be a poor year as the price crashed, but in the first half of 2019, the biggest cryptocurrency by market capitalization made a roaring comeback and scaled new heights once again. Key Analysis However, the past two months have not been particularly great for the token as it lost momentum and stayed within a lower range. A lack of volatility in the case…

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Blockchain 

Bitcoin Miners Turn Profitable | Good News for Cryptos?

One of the things that do not often come into the surface is the work done by Bitcoin miners when it comes to the overall cryptocurrency ecosystem. Miners are the ones who actually create the Bitcoin tokens and are given a reward for each completed block. Hence, when Bitcoin went through its downturn for the whole of 2018, it was a bad time for miners, and many had to wind up their operations. What’s Coming Ahead? However, when the remarkable bull run commenced earlier this year, it made for a…

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Blockchain 

Bitcoin Could Fall Below $10,000 Mark As Altcoins Gain

Bitcoin’s value risks falling below the $10,000 USD psychological mark this week after making some strong gains last week. Bitcoin Dropped to $10,060 Today The world’s top cryptocurrency dropped to $10,060 this morning, which is the lowest valuation since September 2. Momentum last week saw BTC recover from falling below the $10,000 mark at the end of August, as excited analysts abandoned their bearish sentiments. However, analysts now await an external event to assess Bitcoin’s current performance against, and this could come with the launch of Bakkt later this month. Eagerly…

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Blockchain 

Bakkt is all Set to Introduce Bitcoin Futures in September

Bakkt is all set to launch its much-awaited platform for Bitcoin futures. When cryptocurrency first grabbed the attention of the global public, it was still looked upon as a novelty and something far too chaotic to be regulated by the relevant authorities. However, much has changed over the past couple of years as a range of fresh products have been launched, and perhaps the most important one is Bitcoin futures. Everything is on Schedule Earlier on this year, cryptocurrency firm Bakkt announced that it was all set to launch a…

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