Category Archives: Blockchain

Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services

According to an announcement from the bourse on Tuesday, Blocknox already provides custody for crypto assets on an “escrow basis” and has made the service available to users of Boerse Stuttgart’s BISON app and its digital assets exchange, BSDEX. The firm is now aiming to expand its services outside the group’s own offerings, planning to safeguard cryptocurrencies and “other digital assets” for institutional clients such as banks and asset managers. Continue reading Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services

Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline

While a long-term chart indicator has just made a bullish call, bitcoin (BTC) is struggling to gather upside traction and looks vulnerable near the seven-week rising trendline support. In what was possibly going to gift bitcoin prices a lift, the 50-day moving average (MA) has crossed above the 200-day MA, confirming a golden crossover, a long-term bull market indicator. Continue reading Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline

Bitcoin Heads Into Historically Positive February on a Bullish Note

Bitcoin is holding its bullish trend while heading into the historically strong month of February. The top cryptocurrency picked up a bid below $7,000 on Jan. 3 and has been on an upward trajectory ever since, rising to three-month highs near $9,570 on Thursday, according to CoinDesk’s Bitcoin Price Index. Continue reading Bitcoin Heads Into Historically Positive February on a Bullish Note

Options Growth Will Ignite Innovation in the Bitcoin Market

Like futures, the launch of bitcoin options on major exchanges has been met with anticipation. Hopeful observers believe the CME’s and Bakkt’s entry into the burgeoning options market will further encourage institutional participation. It will – but not necessarily in the way they expect. Continue reading Options Growth Will Ignite Innovation in the Bitcoin Market

Bitcoin Price Spikes to 3-Month High as Bull Cross Approaches

Bitcoin printed a three-month high on major exchanges early Monday with key indicator eyeing its first bullish turn in 11 months. Prices rose to $9,615 on Luxembourg-based Bitstamp exchange during the Asian trading hours. That was the highest level since Oct. 28. The top cryptocurrency also hit a three-month high of $9,628 and $9,615 on Bitfinex and Coinbase, respectively. Continue reading Bitcoin Price Spikes to 3-Month High as Bull Cross Approaches