I don't know if you noticed, but last weekend, bitcoin's price soared from around $7,500 to over $9,600 - a +28% gain!
Many cryptocurrency market analysts pointed to comments made by China's president President Xi Jinping that the country should "seize the opportunity" of bitcoin's blockchain technology, as the reason behind bitcoin's sudden rally.
You see, China banned bitcoin and cryptoc... ››› more
Today, we're going to forget about crypto prices…
The amazing blockchain developments…
The new crypto platforms like Bakkt…
And look at something I think every investor - or anyone - should know.
I'm talking about The REAL reason why bitcoin and cryptocurrencies are revolutionary inventions.
To explain, we need to go back to more than a century ago…
The beginning o... ››› more
In what was one of the largest 24-hour market sell-offs this year, over $30 billion was dumped from crypto assets.
At one stage, the largest crypto, bitcoin, was down around 20% as its price crashed to a three-month low of just over $7,800.
While, many predicted a huge drop to around $8,000, it was still quite a shock to see it happen.
So what caused the crash and what should crypto in... ››› more
That's what Su Zhu, the CEO of hedge fund Arrows Capital, said after the anti-climactic launch of crypto platform Bakkt.
You see, after the first 24 hours, the exchange recorded only 72 BTC had been entered into monthly contracts.
However, people should not be alarmed by the bleak start as regulated futures contracts mostly kick off slow. Su Zhu continued…
"The reality is that most ... ››› more
One year ago, the Intercontinental Exchange (ICE) - which owns the NYSE - revealed plans to launch a futures exchange and digital assets platform - called Bakkt.
To transform Bitcoin into a trusted global currency with broad usage. More importantly, make Bitcoin a more sound and secure offering for key players in the market who mostly shunned it…
I'm talking about the... ››› more
Forget about the much-anticipated Bitcoin ETF.
Forget about the “big win for bitcoin” I mentioned last week.
You see, there's even bigger news that could be a game-changer for bitcoin and cryptos.
In short, Bitcoin could be on the verge of breaking through as a mainstream currency.
And it's all thanks to a start-up company that's soon to be launched by one of the most powerful pl... ››› more
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