Some bitcoin traders are buying bullish call options at $52,000 and higher strike prices.
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Author: Omkar Godbole
The warning comes a day after the regulator’s U.K. counterpart, the Financial Conduct Authority, also raised similar concerns.
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Author: Sebastian Sinclair
The VCOIN token launch got the green light from the U.S. Securities and Exchange Commission late last year.
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Author: Tanzeel Akhtar
A way to be covered in the event of an exchange hack.
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Author: Ian Allison
The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace.
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Author: David Pan
A clever way for bitcoin miners to get better loan terms.
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Author: Nathan DiCamillo
Sci-Hub, a pirate database of academic papers using bitcoin for funding, has joined the distributed domain names network Handshake.
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Author: Colin Harper
The judge scheduled a restitution hearing for victim investors this summer.
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Author: Danny Nelson
DoubleLine Capital’s CEO and co-founder Jeffrey “Bond King” Gundlach said Bitcoin has been in “bubble territory” ever since it broke $20,000.
“Bitcoin, to me, is now in bubble territory based on how it’s been acting. The people that point out that it has a terrific supply-demand dynamic if indeed institutions get involved, they’re right about that,” he told CNBC.
Gundlach describes how last year he had two convictions: that the dollar is going down and bitcoin is going up. “When bitcoin got to about $23,000, I thought it started looking like the mania.”
He said he went neutral on the decentralized currency after it broke the $20,000 milestone. Once bitcoin reached $40,000 then dropped nearly 20% on Monday, Gundlach commented on the coin’s behavior.
“It’s volatile as all get-out. I don’t like bitcoin here. I don’t like things that are up on a stilt like that,” Gundlach said. “I’m not really a contrarian, but there are times when people seem to be so much on one side of the boat that I don’t believe the boat can sail that well.”
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: MK Manoylov
Bakkt says cryptocurrencies could be a $3 trillion market by 2025, a five-fold increase.
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Author: Bradley Keoun
