BTC

The volume of transactions on the popular p2p platform LocalBitcoins fell by more than 30% after tightening KYC / AML measures. Last week, the trading volume of bitcoin on the platform amounted to $ 38.49 million, the lowest value since September 2018. If we calculate the turnover of the platform in cryptocurrency, then the decline may seem even more significant. So, last week the trading volume amounted to 4595 BTC, which […]

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 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 […]

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 […]