So far, no expert can with certainty explain the reason for the recent bullish market. This hasn’t stopped many from trying, with Bitcoin ETFs speculations and institutional investment being the most popular. So, can anyone come up with a better explanation as to why Bitcoin has been bullish for the past week and importantly, why…
While Google might still be making up its mind on whether to launch their own cryptocurrency, their rival search engine from across the sea; China, is already making strides with the technology underpinning cryptos. Baidu has announced they will be rewarding their customers through 'Totem ', a blockchain-based platform that helps its users protect and…
During a recent Australian Business Economists forum, the Head of Payments Policy Department for the Reserve Bank of Australia, Tony Richards, had a lot to share on cryptocurrencies and distributed ledger technology in the Reserve Bank’s perspective. Of particular interest was whether the bank might consider issuing a digital version of the Australian Dollar. According…
In a note by Tom Lee of Fundstrat Global Investors, the firm's head of research, there is a mysterious reason why Bitcoin has been falling for the last few months. According to Lee, Bitcoin sees dramatic price changes in correlation with the expiration of CBOE futures contracts. The leading digital currency has dropped by more…
