All Coinss Crypto News

Coinss Crypto News

The legality of Bitcoin in the UK

The year 2022 has started with a crypto winter. Bitcoin prices have plummeted, and with it, all other cryptocurrencies similar to bitcoin tanked in value. Bitcoin is transitioning from being a currency (or asset, as most of the world’s legislatures deny it the status of currency) to becoming an important indicator of the global market, specifically, the stock market indicator.  Many companies are adding crypto assets to their balance...

Buy Bitcoin Before ‘Major Banking Crisis’ — ‘Rich Dad Poor Dad’ Author

Bitcoin (BTC) is an essential investment as the world is about to face a “major banking crisis,” popular author Robert Kiyosaki has warned. In a tweet on Aug. 21, the author of Rich Dad Poor Dad told followers that there was no time to “think about” investing in safe havens. “Major banking crisis coming fast” The reason, he said, was that Warren Buffett had chosen to dump bank stocks. “WHY BUFFET is OUT OF BANKS . Banks bankrupt....

Bitcoin Faces “Weak” Selloff as Buyers Gear Up for a Push Higher

Bitcoin’s price has stabilized following its recent bout of intense volatility This turbulence mostly favored bulls, as the crypto was able to rally as high as $11,100 before facing some heavy resistance that slowed its ascent Analysts are now widely noting that it may be poised to see some further weakness in the near-term That being said, the tempered reaction to the strong selling pressure in the lower $11,000 region does seem to be a...

India crypto ban is like banning internet, says former Coinbase CTO

Former Coinbase CTO Balaji Srinivasan thinks India’s impending cryptocurrency ban would be akin to banning the internet and could cost the country trillions in potential profits. Speaking in an interview with The CapTable, Srinivasan said a blanket ban on Bitcoin (BTC) and other cryptocurrencies would simply redirect trade revenue into nearby Asian markets, amounting to a “trillion-dollar” mistake for India: “It’s really important that...

Crypto leaders back MIT’s four-year initiative to harden Bitcoin’s security

The Massachusetts Institute of Technology’s Digital Currency Initiative has revealed a new “Bitcoin Software and Security Effort” intended to foster research into bolstering the Bitcoin network’s defenses. The open-source initiative has received support from a diverse group of crypto industry leaders, including Gemini’s Cameron and Tyler Winklevoss, MicroStrategy’s CEO Michael Saylor, Square CEO Jack Dorsey, and major European...

CME Group introduces micro Bitcoin futures

The Chicago Mercantile Exchange, or CME, has officially launched its newest Bitcoin (BTC) derivatives product, setting the stage for wider mainstream adoption of digital assets.  TIm McCourt, CME Group’s global head of equity index and alternative investment products, said the new product will provide “an efficient, cost-effective way for a broad array of market participants — from institutions to sophisticated, active traders — to...

How is Coinbase’s Nasdaq listing shaping up so far

April 14 was considered by many crypto enthusiasts all over the world as a watershed moment for the digital asset industry, as it marked the day when Coinbase, one of the largest crypto trading platforms in the world, made its debut on Nasdaq via a direct listing. As one can imagine, the lead up to the moment was replete with a market-wide surge, with Bitcoin (BTC) scaling up to a price point of $64,800 a day before the listing went live. In the...

5 things to watch in Bitcoin this week

Bitcoin (BTC) is challenging familiar but significant all-time highs as a new week gets underway, rallying to $58,000 on Monday. After a surprise rally on Friday, the largest cryptocurrency saw a slow comedown through much of the weekend. This turned on its head overnight on Sunday, however, and now BTC/USD is back fighting resistance near $60,000. Cointelegraph takes a look at what the coming days might have in store for Bitcoin price action...

S&P launches cryptocurrency indexes, debuting with Bitcoin and Ether

S&P Dow Jones Indices, a major global resource for index-based data and research, has introduced its first cryptocurrency indices amid a renewed surge on crypto markets. The company announced Monday that it launched three crypto indices tied to the performance of the two largest cryptocurrencies: Bitcoin (BTC) and Ether (ETH). The newly introduced indices include Bitcoin-based S&P Bitcoin Index (SPBTC), Ether-based S&P Ethereum...

Altcoins just repeated a move that could launch them 27,000% higher in 2021

Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot. According to popular trader Rekt Capital, those are the potential combined returns for altcoin investors if history repeats itself this year. One trader sees “just the beginning” for altcoins’ 2021 In a tweet on May 3, Rekt Capital noted that at the start of 2017, the market capitalization of altcoins...