BTC/USD Futures Report 2.0

The release of the new Futures report helps to understand the situation on the market, we see that since the last closure of CMEfutures on November 30, the number of short positions from funds increased another 228 positions, and the long positions have decreased by only 7.I remind you that on December 28 there will be another CMEfutures close! They opened at around $ 5885, which means that most of them opened a short position! So ...

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Bullion Giant APMEX Partners with BitPay to Let Investors Buy Gold with Bitcoin

Global crypto payment provider BitPay has announced the OneGold precious metals and digital gold marketplace is now accepting Bitcoin and Bitcoin Cash, according to a press release. OneGold — founded by APMEX, a leading precious metals retailer, and Sprott, an alternative asset manager — is focused on giving investors the ability to combine the “key benefits of physical gold and silver with those of blockchain-based digital assets.” OneGold CEO Ken Lewis indicated ...

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BTC/USD Update 11/12/18

BTC dominance is currently at 55.0% (-0.1%). The total market cap is currently at $110.5 billion (- $1.9 billion). The market volume of the last 24 was $13.1 billion (- $1.1 billion). As there is no significant news, we do not want to cover you with news about some banks and things like that. We would rather take time to share our view of current market situation and what could happen ...

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Bitcoin Mining Giant Bitmain Closes Israeli Branch amid Market Woes

With the bitcoin price trading more than 80 percent below its all-time high, not even Bitmain, the world’s largest cryptocurrency mining firm and the crypto industry’s most valuable company, has been immune from the slaughter. According to Israeli business publication Globes, the China-based Bitmain has closed Bitmaintech Israel, the development center it set up two years ago in Ra’anana. All 23 employees at the office will be laid off, and Bitmain VP Gadi Glikberg, ...

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South Korea’s National Assembly to Engage in First Crypto Debate

On December 10, South Korea’s National Assembly along with several members of the Congress are set to hold the country’s first official debate around crypto involving high profile government officials. Expected Talking Points of the Debate The meeting, arranged by the local market’s largest cryptocurrency exchanges including Upbit, Bithumb, Korbit, Gopax, and Coinone, will have executives of digital asset trading platforms and over-the-counter (OTC) exchanges discuss the regulatory scope of the government on crypto with members of the Congress. Point ...

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