Bitcoin Price Could Slide To $24,000 As Short-Term Holders Take Profit: Glassnode

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Examining The Lindy Effect And Bitcoin

What is the phenomenon referred to as the Lindy Effect, and how does it relate to Bitcoin?

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Musk Effect #2 May Be a Serious One

On-chain Bitcoin analyst Willy Woo posted a tweet on March 28 showing a Glassnode chart of average Bitcoin dormancy. Musk Effect #1, the effect of his tweets, is not present. However, the chart shows that Bitcoin dormancy shortened drastically just before the Tesla purchase.

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Will the Stock Market “Cobra Effect” Economists Warn Of Also Strike Bitcoin?

A Wall Street veteran is warning the “biggest cobra effect in the history of economics” is about to hit the stock market. And it could have a dramatic impact on Bitcoin and the rest of crypto.

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Bitcoin Will Reach $400,000 After Halving, History Dictates

Much of the conversation around predicting the price of Bitcoin through 2020 and beyond hinges on the effect of the Bitcoin mining reward halving set to take place in May will have. Some believe it will have no effect at all, while others are betting big on this.

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The Xi Effect – Chinese Government to Fund Blockchain Projects

Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates.

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Bitcoin Is Approaching the Optimal Buy Zone, According To Analyst

The sudden popularity regarding blockchain technology in China is exciting. However, these positive stories aren’t having the expected effect on Bitcoin’s price. For example, the China Merchants Bank has recently announced that it has made an investment in the crypto wallet BitPie, arguably one of the most popular wallets used by Chinese investors.

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Will Bitcoin Price Benefit From The Halloween Effect?

There’s a theory, dubbed “The Halloween Effect” that believes that stocks and other assets like Bitcoin perform best starting from October 31 through May, then they do during the other half of the year.

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Who Caused the 42% Bitcoin (BTC) Rally?

The Bitcoin rally late last Friday added a dramatic 42% gain to its peak at above $10,000. The days before that saw seemingly disconnected “whale” transactions going to exchanges. Chinese Traders Not the Whole Story But then, the markets were on fire, with the common cause seen as “the Xi Effect”.

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China’s State-Controlled Media Explains Bitcoin to Millions: Knock-On Effect

Many wrote off Chinese president Xi Jinping’s recent endorsement of blockchain as non-beneficial for Bitcoin and other cryptocurrencies. But this is quickly proving itself to not be true. For those who missed the memo, a quick interlude.

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Ripple Effect From Bitcoin ‘Xi Pump’ Is Strong In China

It seems that the words ‘blockchain’ and ‘breakthrough’ were scarcely out of China’s President Xi’s mouth (albeit in the equivalent Chinese language form) before bitcoin price started to pump.

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Deribit Bitcoin Futures Exchange Prepares to Enforce KYC in Line With AMLD5

Cryptocurrency traders using the Netherlands-based Bitcoin futures and options trading platform, Deribit, may soon have to undergo rigorous KYC and AML procedures. The change will come into effect starting early Jan 2020 and are in line with the guidelines prescribed by the fifth EU Anti-Money Laundering Directive (AMLD 5).

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Bakkt Volumes Spikes as the Cryptocurrency Market Suffers Losses

So far, Bakkt’s volumes have been relatively low, except for a few occasions. However, after yesterday’s drop, volumes suddenly increased bringing the total amount of bitcoin traded to more than 600 units, according to Bakkt Volume Bot on Twitter.

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Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’

Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly.

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Bitcoin Trades Flat Even as Fed Signals Inflation-Boosting Balance Increase

The Fed Reserve's decision to expand its balance sheet is seen as a long-term positive for bitcoin, but prices are yet to feel any effect.

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XRP and XLM have the least correlation with Bitcoin among the top 10 cryptocurrency list

First mover, Bitcoin, is rightfully enjoying all the advantages as every other cryptocurrency is pegged to it, giving it a wild sway over altcoins. Since Bitcoin is the most traded cryptocurrency (excluding Tether) and is one of the dominant trading pairs on most exchanges, the effect of any sudden movement in BTC can be seen […] The post XRP and XLM have the least correlation with Bitcoin among the top 10 cryptocurrency list appeared first on AMBCrypto.

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CryptoBridge Introduces Compulsory KYC Verification 

CryptoBridge, a gateway to the BitShares digital assets exchange, has announced that with immediate effect, all existing customers and new crypto traders on the platform must submit their verification documents to use the platform.

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Will China’s Golden Week Affect Bitcoin (BTC)?

Research by Binance shows that China’s week of celebrations may have a limited negative effect on BTC prices.

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Bitcoin (BTC) Price Points to Institutional Meddling

Price patterns on BTC markets point to a small but repeating effect on the days of settlement for CME futures.

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Bakkt effect: Bitcoin monthly futures contract records volume of 29

Earlier today, the crypto-venture firm of Intercontinental Exchange – Bakkt – finally made its debut in the Bitcoin markets with the execution of its first Bitcoin futures contract, after over a year’s wait since the announcement.

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Bitcoin in the eye of a storm; Federal Reserve rates cut could spur the market

Bitcoin looks better and better, the more the world burns. The present decade began with a cause and an effect. Big banks coupled with shady government laws financially assaulted and robbed the ‘common man,’ and the world ached for a financial means of rescue, of reparations, of results, and not regrets.

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At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession.

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US-China trade war effect on Bitcoin Price

There was a time when the breathing sapiens of the globe experienced a war on land. Who thought that the time would change enough that the countries will get into a “TRADE WAR” anytime. From the past few months, the big dominating currencies are getting into fights to make their national currencies strong among the The post US-China trade war effect on Bitcoin Price appeared first on ItsBlockchain.

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CME’s Bitcoin Index Provider Wins First EU Crypto Benchmark License

The U.K FCA has authorized CF Benchmarks as a Benchmark Administrator under EU regulation coming into effect in January.

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CME’s Bitcoin Index Provider Wins First Crypto Benchmark License in EU

The U.K FCA has authorized CF Benchmarks as a Benchmark Administrator under EU regulation coming into effect in January.

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Roger Ver Shares His Story in New Video Series

As someone who was there from virtually the start, Roger Ver has seen and done it all in Bitcoin. A tireless evangelist for Bitcoin since long before it was cool, Ver remains a vocal proponent of the benefits of peer-to-peer cash and its power to effect positive change in the world.

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Bakkt: Our 'Bitcoin Warehouse' Is as Revolutionary as the ATM

Last week, Bakkt opened its "Bitcoin Warehouse" for the storage of customer deposits and withdrawals ahead of its Bitcoin Daily & Monthly Futures launch later this month. Now, Bakkt CEO Adam White is waxing poetic about the revolutionary effect he expects it to have on the financial industry when it goes live on September 23.

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Dutch Central Bank Prepares to Start Regulating Crypto Sector

The central bank of the Netherlands is preparing to supervise the country’s crypto sector. The bank has requested crypto exchanges and wallet providers to come forward and submit some information.

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Institutional bitcoin exchange Seed CX lowers fees

Institutional bitcoin exchange Seed CX lowers fees - CryptoNinjas Seed CX, an institutional infrastructure for bitcoin and digital assets, today announced that it has amended the Seed Digital Commodities Market (SCXM) Fee Schedule to decrease trading expenses.

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Bitcoin Price Premium Surpasses $1,000 in Argentina amid Currency Controls

Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed.

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Litecoin Down 35% Since Halving, Will Bitcoin Follow the Same Path?

Bitcoin price drops to $63 and hash rate takes a hit of 39% LTC price doesn't have a relationship with stock to flow Bitcoin bull market has just started, with 100x opportunity On August 5th, Litecoin halving went into effect and the reward was cut into half. The price had already enjoyed a good surge, […]

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Analyst: unlike Litecoin, Bitcoin’s halving will have a significant effect on its price

Cryptocurrency analyst @100trillionUSD pointed out that the premise that Bitcoin’s halving won’t have a significant effect on its price because Litecoin didn’t jump after its own is fundamentally wrong.

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CME Bitcoin Futures Trading Breaks Record, Averaging $370 Million Per Day

Interest in Bitcoin futures trading continues to gain momentum. As a result, the Chicago Mercantile Exchange (CME) Group is reaching record numbers for its Bitcoin futures contracts trading. “This Is an Exciting Time for Bitcoin” As CME data shows, interest in Bitcoin is not only confined to a small and well-defined sector of the investment community.

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Bitcoin Price Threatens $10K as 50% of CME Futures Almost Expire

Coinspeaker Bitcoin Price Threatens $10K as 50% of CME Futures Almost ExpireThe upcoming CME futures expiration set for Friday is expected to have a significant effect on the next bitcoin price action as the biggest cryptocurrency threatens to plunge below the $10,000 mark.

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Bitcoin ETF approval will bring the Glamour, but not the Glow: Explainer Part 2

This is the second part of “Bitcoin ETF approval will bring the Glamour but not the Glow. ” The first part can be found here.   The EFFECT No doubt a publicly-traded Bitcoin product would spur wider investments and interest digital assets as a whole.

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Why VMware CEO Pat Gelsinger Is Wrong About Bitcoin

For a tech-company CEO, Pat Gelsinger is perhaps surprisingly forthright about the potential dangers of technology. But whilst certain technological ‘advances’ can indeed be a potential minefield of ethical issues, the VMWare head-honcho reserves a particular ire for our beloved Bitcoin.

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Bitcoin And Blockchain’s Effect Would Be 100 Times Bigger Than The Internet: Tim Draper

Recently in an interview venture capitalist, Tim Draper reemphasized on the potential of Bitcoin while comparing it with the Internet. However, the Bitcoin bull argued that Bitcoin’s effect on industries would be as much as 100 times bigger than that of the Internet.

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Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining

Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations. The post Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining appeared first on Bitcoin Magazine.

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Bakkt Effect? Bitcoin Price Spikes to $10.7k, Key Technical Indicators Lit

By CCN Markets: Since the official announcement of Bakkt’s bitcoin futures market launch on August 17, the bitcoin price has surged by well over 6 percent against the U. S. dollar to $10,700. On Saturday, before Bakkt received green light from the Commodities and Futures Trading Commission (CFTC), the bitcoin price was hovering at below $10,000.

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Over 18000 BTC worth over $200 million moved

It has been an interesting past week for Bitcoin as the price surged past $12,000 mark but at press time, it was hovering again in the lower range of $11,000 after witnessing a 6 percent fall on 10 August.

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D-Day in Bitfinex Trial — Will Bitcoin Price React?

Monday’s judgment in the legal tussle between the New York Attorney General (NYAG) and Bitfinex might have some short-term effect on the Bitcoin price. All Eyes on Monday’s Trial Outcome As previously reported by Bitcoinist, the Supreme Court of the State of New York will resume hearing on the case between the NYAG and bitcoin exchange platform Bitfinex on Monday (July 29, 2019).

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Monex Group Interested in Joining Facebook’s Libra Consortium

Oki Matsumoto, President of Monex Group, a Japan-based financial services company backing the Coincheck cryptocurrency exchange, is interested in participating in Facebook’s Libra cryptocurrency project and has submitted an application to that effect, according to a Reuters Japan report on July 26, 2019.

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Indian Bureaucrat Who Favored Bitcoin Regulation Quits Finance Ministry

The bureaucrat who favored the creation of a bitcoin regulatory framework in India quitted the Ministry of Finance on Wednesday. IAS Subhash Chandra Garg, who served as the Economic Affairs Secretary and Finance Secretary of India, accepted transfer order to the Ministry of Power.

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Binance’s Changpeng Zhao Believes Trump’s Anti-Crypto Rhetoric is Ultimately a “Good Thing”

Changpeng Zhao (CZ) doesn’t believe Trump’s recent anti-crypto rhetoric will have an adverse effect on the industry as a whole, reports CNBC, July 23, 2019. The Binance CEO says the industry has sufficient maturity and censorship resistance to survive any government-led crackdown.

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Elizabeth Warren Accidentally Just Made the Case for Bitcoin

Elizabeth Warren’s team released a blog post today with the apparent intention of scaring people into voting for the Democrat, but “The Coming Economic Crash — And How to Stop It” may have a different effect altogether for those getting interested in Bitcoin.

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Iran to set Electricity Tariffs for Bitcoin Mining 

Iran’s Economic Commission has agreed to set electricity tariffs for bitcoin mining activities based on the prices used for electricity exports. The new tariff scheme is expected to come into effect as soon as it gets approved by the Iranian Cabinet, according to a Financial Tribune report, July 21, 2019.

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Research finds Bitcoin and Litecoin halvings do not impact price

Contrary to the popular media narrative, new research finds that Bitcoin and Litecoin prices are unimpacted by block reward halvings. Searching for cause and effect People crave cause and effect relationships.

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Zimbabwe: People Are Still Buying Bitcoin to Shelter from Reckless Monetary Policy

According to a video published by VoaZimbabwe on July 18, 2019, Zimbabwe citizens are using bitcoin as a decentralized store of value to shelter from the reckless monetary policy adopted by the government.

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CNBC Analyst Calls Secretary Mnuchin Out on Bitcoin Criticism

This week, the crypto market has been turned upside down after United States President Donald Trump tweeted about Facebook Libra, Bitcoin, and crypto. The tweet heard ‘round the world in the crypto space started a domino effect with nearly every US politician and regulatory body making comments about the digital asset class.

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