CME Traders Prefer Cash-Settled Bitcoin Products

Crypto New Media Press

CME Traders Prefer Cash-Settled Bitcoin Products

Chicago Mercantile Exchange’s, or CME, global head of equity index and alternative investment products, Tim McCourt, said traders prefer cash-settled Bitcoin trading over products backed by physical Bitcoin (BTC).  “So far, clients have expressed a clear preference and priority for a cash-settled product,” McCourt told Cointelegraph in an email when asked why the CME chose […]

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Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’

Crypto New Media Press

Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’

On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance. Data from Coinbase shows that customers with at least five crypto purchases, roughly 60% of them buy bitcoin first but only 24% remain exclusively loyal to the digital […]

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Bitcoin Poised to “Teleport” Higher as it Approaches Key Resistance: Traders Say

Crypto New Media Press

Bitcoin

Bitcoin once again attempted to surmount the $10,000 region earlier today, although this move proved to be futile as the cryptocurrency once again faced a harsh rejection. BTC now appears to have fallen into the same trading range that has held strong throughout the past week. As its buyers and sellers reach an impasse, how […]

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Trader Claims Ethereum May Soon See a 45% Drop: Here’s What’s Behind the Prediction

Crypto New Media Press

Ethereum

Ethereum has been able to gain some ground against Bitcoin throughout the past several days This slight uptrend may not last for too long, however, as analysts are noting that the cryptocurrency is not in firm bull territory until it is able to break above its yearly highs Importantly, one analyst is noting that ETH […]

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Phase Transitions Of My Friend Moe ‘The Bitcoin Hater.’

Crypto New Media Press

Phase Transitions Of My Friend Moe ‘The Bitcoin Hater.’

The 4th phase goes back to Bitcoin but now it’s about security concerns and for good reason. No one wants someone to steal their money. Moe says, “my main argument is how is it regulated? The fact that people way smarter could hack and steal your Bitcoin and money in an instant is scary. There […]

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Blockchain Bites: BlockFi Hacked, Block.one Sued, BitMEX Down

Crypto New Media Press

Block.one CEO Brendan Blumer speaks at the Voice launch event, June 2019. (Photo courtesy of Block.one)

Today, BlockFi disclosed a SIM-swapping attack that revealed personal information related to a large swath of the firm’s clients. While customer funds are secure, BlockFi said, their names and addresses were compromised along with their activity histories. This security breach comes on the heels of a cryptojacking exploit targeting European supercomputers researching COVID-19. Elsewhere, class-action […]

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This Metric Shows Bitcoin Is Undervalued Even After 150% Price Rally

Crypto New Media Press

puell-multiple-2020

Bitcoin has witnessed triple-digit percentage gains over the past two months. Yet, one metric has turned quite bullish after the recent halving event, showing signs the cryptocurrency remains undervalued and still has room to run.  The largest cryptocurrency by market capitalization is trading near $9,700 at press time, up 150% from its March 12 low […]

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Evaluating Path finding Strategies on the Lightning Network

Crypto New Media Press

Rene Pickhardt

This article is a call for researchers to more systematically tinker about path finding strategies on the Lightning Network. It is written in a rather educational style as I believe at this point input from users could be very valuable. Thus I decided against heavily formalizing the problem with graph and probability theory. Also the […]

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Ethereum Price Analysis for May, 19th

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Ethereum Price Analysis for May, 19th

By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 19th, the ETH rate is correcting slightly after steady growth. The cryptocurrency is generally trading at 214.17 USD. On D1, the pair keeps developing an uptrend. Currently, it is testing 61.8% Fibo again. If it breaks the level away, we may speak about further growth inside […]

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DTCC Considers DLT for Securities Trading in Twin Studies

Crypto New Media Press

DTCC Considers DLT for Securities Trading in Twin Studies

Depository Trust & Clearing Corporation (DTCC), a giant of financial markets infrastructure, is studying whether distributed ledger technology (DLT) could accelerate its processing of securities. DTCC revealed two projects Monday aimed at integrating DLT with capital markets: Ion, a proof-of-concept alternative settlement service and Whitney, a security token method of private securities issuance and exchange. […]

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