Market Wrap: Bitcoin Futures Premium Rises Again Despite Bitcoin’s Relatively Flat Performance

The No. The annualized futures premium rate – a gauge of bullish bets – has averaged 22% to 25% on retail-focused derivatives exchanges like FTX, BitMEX, Deribit and Binance. The Securities and Exchange Commission last week sued blockchain company LBRY Inc. The law, which went into effect in 2015, required abortion providers to inform patients […]

Stock Market News for Apr 7, 2021

Provide $400 billion to care for elderly and disabled Americans.Biden’s proposal will include more than $300 billion for improving drinking-water infrastructure, expanding broadband access and upgrading electric grids. economy is likely to grow by 6% as against an estimated 5.1% predicted in January.According to the latest IMF projections, the unemployment rate in the United States […]

Asia Broadband Surpases $1 Million in Gold-Backed Cryptocurrency Sales in First Two Weeks After Launch and Prior to Marketing Campaign

LAS VEGAS, April 06, 2021 , to monitor and refine the information and transaction processing to validate token sales operations. The Company is now developing, with CSHC, its own proprietary cryptocurrency Exchange that will allow AABB Wallet users to quickly exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin. However, […]

Final Taproot Activation Specifics Chosen With a Bitcoin Blockchain ‘Coin Toss’

If miners representing 90% of Bitcoin’s hashrate upgrade in this timeframe, then Taproot is “locked in” and it will activate three months after this lock-in. After reviewing Coinbase’s earnings, Thornton discusses his bullishness on their upcoming direct listing, a gesture that he considers validating for the crypto space and will become the biggest deal of […]

Ripple Granted Access to SEC Documents on Bitcoin, Ether in Ongoing XRP Fight

Judge Sarah Netburn in the Southern District Court of New York, the motion affords Ripple access to the SEC’s minutes and memos “expressing the agency’s interpretation or views” on cryptocurrency, which Netburn said are likely discoverable. In December, the SEC sued Ripple, its CEO Brad Garlinghouse and Executive Chairman Chris Larsen alleging they violated federal […]

Bitcoin Drops 6% in Korea, Shrinking the ‘Kimchi Premium’

The brokerage owns a 6.15% stake in Dunamu, which operates the leading South Korean crypto exchange Upbit, according to its regulatory filing in February.At least for now, Hanwha Investment appears to be Korea’s biggest beneficiary of the latest optimism on digital currencies, fueled by Coinbase’s move to directly list on Nasdaq and speculations that Dunamu […]

Bitcoin Still Has Support From Long-Term Uptrend, Says Technical Analyst Katie Stockton

Bitcoin’s month-long consolidation between $50,000 and $60,000 reflects a tug of war between buyers and sellers. EOS has outperformed BTC over the past five days, while ether has shifted from the improving quadrant to the leading quadrant over the same time period. Bitcoin update BTC has been moving downwards since getting rejected by the $59,500 […]

Coinme Launches 300 Bitcoin-Enabled Coinstar Kiosks in Florida

For Floridians, the expansion makes buying bitcoin with cash as simple as visiting their local grocery store.“Our team has been working with state regulators in an effort to launch Coinme on Coinstar kiosks throughout the state, and we are thrilled to secure a license to offer a cash onramp to purchasing bitcoin to the residents […]