American investors can now invest in bitcoin Exchange Traded Funds (ETF) through an Exchange-Traded Note (ETN) called Bitcoin Tracker One on the Nasdaq Stockholm Exchange in Sweden, per a Bloomberg report.The product, which started trading in 2015, is currently available to American investors despite being listed and regulated...
Bitcoin broke higher from its short-term consolidation but is still in correction mode. Bitcoin is still in a weak spot even as it broke to the upside of a short-term consolidation pattern. Price is currently testing the 38.2% Fibonacci retracement level on the 1-hour chart, and this...
Investment bank UBS thinks bitcoin is neither money nor a viable asset class - not yet at least. The Switzerland-based company's assessment was featured in a research report on the world's largest crypto by market capitalization, which was circulated to clients and released on Thursday. Published by UBS strategists, the...
The bitcoin price in the past 24 hours has undergone a much-needed bullish correction, rising about $500 since establishing an intraday low around $6,009. In our previous BTC/USD analysis, we were waiting for a bounce back from 6009-fiat to apply our intrarange strategy. As it did, our long...
The ratio of legal to illegal activity in Bitcoin has flipped, according to Lilita Infante at the U.S. Drug Enforcement Administration. ...
As reported by Ethereum World News, the cryptocurrency market has been on a surprising tear over the past 24 hours, with a majority of assets posting gains of upwards of 6-7%. At the time of writing, Bitcoin stands at $6,400 after a brief step over the $6,500 line, while...
North Carolina has barred electoral candidates in the state from accepting campaign donations made in bitcoin and other cryptocurrencies. This declaration is contained in a response from the North Carolina State Board of Elections Campaign Finance Office to Emmanuel Wilder, a Republican candidate running for a seat...
In the digital currency space, it's common for many coins and tokens to move in similar patterns. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC...
In November last year, as the price of a bitcoin reached $20,000, cryptocurrency advocate John McAfee hit the headlines by claiming on Twitter that he would eat his own penis should his prediction about the coin—that it would reach $1 million by 2020—not come true.The outspoken nature of...
Despite talk of Bitcoin heading higher in the second half of 2018, many long and short-term holders are growing impatient – or are even being...