bitcoin

The head of Galaxy Digital cryptocurrency bank Mike Novogratz shared a short-term forecast for the price of bitcoin and spoke about plans to launch a new cryptocurrency fund, Bloomberg reports. According to him, after yesterday's fall of more than $ 600, the price of the first cryptocurrency may drop by another 13%, having found support at around $ 6500. Then BTC will take some time to recover to […]

The US Securities and Exchange Commission (SEC) is increasingly seeing "flagrant violations" of law by cryptocurrency market participants. This was stated by head of the department Jay Clayton, reports Bloomberg Law. Speaking at a financial technology conference in Washington, Clayton said that the crypto community has made tangible progress in understanding how securities laws can be applied to digital […]

The Bakkt cryptocurrency platform will launch the first regulated Bitcoin options on December 9. The Bakkt Bitcoin Options contract will be based on the benchmark Bakkt Monthly Bitcoin Futures contract and represents another important step in developing this asset class for institutional investors https://t.co/4ZE0LIBJJP – Bakkt (@Bakkt) October 24, 2019 Underlying asset of contracts will be Bakkt's monthly delivery futures, which […]

Former Executive Director of the World Gold Council (WGC) Jason Tussen is developing the Bitcoin ETF in conjunction with the asset management firm Kryptoin Investment Advisors, CoinDesk reports. A Delaware company filed a registration application with the U.S. Securities and Exchange Commission (SEC). Toussin, who previously also managed one of the largest ETDRs based on SPDR Gold Shares, leads […]

Founder of Lunar hedge fund Joel Birch expressed the opinion that any bitcoin price below $ 8,000 is good for a purchase, Forbes reports. According to him, the “buy on the bottoms, sell on highs” approach is not very effective. Birch believes that the Averaging In And Averaging Out or Dollar-Cost Averaging strategy is much better. It involves the regular acquisition of an asset […]