A small bitcoin dip down to $9,100 recovered, but traders are unsure about further price appreciation. Bitcoin (BTC) trading around $9,240 as of 20:00 UTC (4 p.m. ET), gaining 0.25% over the previous 24 hours. Bitcoin’s 24-hour range: $9,118-$9,245 BTC below 10-day and 50-day moving average, a bearish signal for market technicians. Bitcoin trading on
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The social payments app Bottlepay (née Bottle Pay) aims to relaunch in the next few weeks, after shuttering due to regulations in December 2019.  After restructuring the bitcoin wallet product to fit Europe’s anti-money laundering directive (AMLD5), the British startup is offering an exchange wallet with social features on Reddit, Twitter and Discord. Bottlepay co-founder
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Bitcoin’s one-year correlation to the Standard & Poor’s 500 index hit record highs as the leading cryptocurrency continues to trade in lockstep with traditional financial markets. The realized correlation, which measures the relationship between two assets, reached 0.367 on Thursday, up from -0.06 on January 1, according to data from Coin Metrics. Bitcoin’s correlation to
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In a talk radio segment, New York Bestseller Robert Kiyosaki and crypto investor Anthony Pompliano discussed the growth of Bitcoin (BTC) and the major role the cryptocurrency will play in the future. Kiyosaki rose to fame when he published “Rich Dad, Poor Dad” in 1997. The Japanese American author took it upon himself to educate
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Binance’s CEO has just demonstrated the first use of Binance Card, a cryptocurrency debit card that was first announced by Binance in April 2020. In a July 10 tweet, Binance CEO Changpeng Zhao revealed that he is taking part in Binance Card beta testing, featuring transactions involving Binance’s native token, BNB. This story is developing
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The CEO and Co-founder of Singapore-based blockchain project VeChain, Sunny Lu, in his keynote address at the 2020 World Artificial Intelligence Conference (WAIC) stated that the company’s mission was to promote the widespread use of blockchain via the ToolChain platform. Mass Adoption of Blockchain Technology is the Goal for VeChain In a Twitter thread by
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Coinbase will host its first investor day, New York State prosecutors won a jurisdictional dispute involving Bitfinex and a protocol arms race is unfolding in Latin America. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and
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