Bakkt To The Senate: CEO Kelly Loeffler To Occupy US Senate Seat

The CEO of Bakkt, Kelly Loeffler, is reportedly going to take the seat in the U.S. Senate for the state of Georgia. Governor Brian Kemp is set to choose the businesswoman rather than President Trump’s choice – U.S. Rep. Doug Collins. Bakkt CEO In U.S. Senate Governor Brian Kemp appears to be clear with his choice for the U.S. Senate seat after months of anticipation and discussions. The state of Georgia will reportedly have the CEO of Bakkt, Kelly Loeffler, taking the hot seat. While this might sound like a…

Before The Money: Bitcoin Early Adopters Reveal What Brought Them In So Early

Bitcoin has been around for more than a decade now. However, it’s safe to say that it gained mass attention at the end of 2017, following its unparalleled price increase to $20,000. In any case, the cryptocurrency has its fair share of proponents and early adopters – people who have been involved with it far before the events of 2017. Bitcoin brings forward quite a lot of benefits, especially when compared to traditional fiat currencies, and it’s nothing short of intriguing to find out what is it that got the…

November Ending in Red As Bitcoin Is Down $1500: Crypto Weekly Market Update

It has been an exciting week for Bitcoin. Volatility is back as the price went on a rollercoaster throughout the past seven days. The cryptocurrency started the week trading at around $7,150, dropped to a low of about $6,600 only to recover get up to $7,800. However, throughout the volatile month of November, Bitcoin lost upwards of $1,500 of its value. At the same time, despite Bitcoin’s violent price action, its dominance index remained flat around 66%. This means that altcoins managed to stand their ground and didn’t lose their…

Crypto Price Analysis & Overview November 29: Bitcoin, Ethereum, Ripple, Tron, and Matic

Bitcoin This week, Bitcoin saw a small correction from the previously seen bearish trend in November. The cryptocurrency managed to rise by a total of 7.67% to reach the current trading level of $7,768.  Bitcoin has a long way to recover, and for this market to be considered bullish again, we would need to see the coin break above the November highs at $9,600. If Bitcoin was to drop back beneath $7,000, we could then consider the market as bearish. Bitcoin now faces initial resistance at $7,915. Above this, resistance…

CME Group Bitcoin Futures Contract Expire Today, BTC Price Pushes Ahead

The monthly Bitcoin Futures Contracts of CME Group are set to expire today, as it’s the last trading Friday of the month. With the recent volatility, the volume of BTC futures contracts has also been on the rise at CME, as it hits the highest number in the last month. Meanwhile, Bitcoin has been on the rise in the past 24 hours just before the contracts are about to expire. CME Group Bitcoin Futures To Expire Today According to the contract specifications, the cash-settled Bitcoin Futures on CME are about…

Ethereum Express Launching New Projects For Over 48,000 Users

Featured  The Ethereum Express project is set to launch two pilot projects for a user base exceeding 48,000. Proof-of-Authority will be used in the Ethereum Express blockchain as the main algorithm and will serve to drastically increase the efficiency of internal processes for both pilot projects. Vlad Miller, CEO of Ethereum Express, together with the team The community-driven Ethereum Express is undertaking the launch of two pilot projects after the successful completion of tests showing 1,000 transactions per block and network capacity of over 200 transactions per second (TPS), outstripping…

Chinese Exchange IDAX Freezes Withdrawals, Confirms CEO’s Dissappearance

After days of uncertainty and rumors among the community, the Chinese exchange IDAX Global confirmed that the CEO has disappeared. As a result, withdrawal processes are still not functioning after initially being stopped earlier this week. IDAX Global CEO Disappears IDAX Global cryptocurrency exchange was the subject of a fair share of negative news over the last several months. After reportedly leaving the U.S. and Canada due to strict regulations, the company had to stop serving users in its home country as well. An announcement from a few days ago…

Bitcoin Price Analysis: BTC’s Consolidation To End-Up In a Huge Weekend Move?  

It took just a few hours after we posted our previous Bitcoin price analysis, and Bitcoin broke out nicely the $7400 resistance, which is the neckline of the inverse head and shoulders pattern. Since then, Bitcoin quickly made a move to our next mentioned resistance level of $7700 and quickly got rejected. Over the past 40 hours, Bitcoin is trading under the tight range of $7400 to $7700. From the bullish side, after such a massive move ($6800 to $7700), a correction or consolidation was expected. So far, the correction…

Tezos Price Analysis: XTZ Up 52% In November, How Much Higher Can It Get?

Summary Tezos has been surging this month after increasing by 52% to reach the current price of $1.25. The momentum is certainly on the side of the buyers against Bitcoin. Tezos must pass a 7-month falling resistance line to be able to continue this bullish run higher. Key Support & Resistance Levels XTZ/USD Support:  $1.12, $1.06, $1.00. Resistance: $1.40, $1.44, $1.56. XTZ/BTC: Support: 0.000115 BTC, 0.00015 BTC, 0.000127 BTC. Resistance:  0.0001828 BTC, 0.000195 BTC, 0.000206 BTC  XTZ/USD: Can The Bulls Break This Long Term Resistance? Since our last analysis, Tezos…

Report: German Banks Could Be Able To Store Bitcoin From 2020

While most countries are struggling to understand and regulate cryptocurrencies, Germany might actually introduce them to the general public. A new proposed bill in the country suggests that as of next year, clients should be able to store Bitcoin and other digital assets directly in banks. Bitcoin Storage In German Banks? Germany might be on its way to lead in cryptocurrency adoption. A recent report shows that the country is looking to implement a new set of rules to benefit cryptocurrency investors. As of 2020, German banks will be reportedly…