Top Crypto Exchange Binance Hints at Launching Bitcoin Options Trading

Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading.  Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of an apparent prototype for trading BTC/Tether (USDT) options contracts: Source: @cz_binance official Twitter handle, April 3 “Notice anything new”? Binance’s performative social media “leak” revealed options trading support as one of the items on a “what to test” list, which included other products that have previously been officially announced, such…

Investment in Blockchain in Energy Markets Will Top $35 Billion by 2025

According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year.  Although $35 billion seems high, it’s dwarfed by the net worth of $1.85 trillion for the energy market as a whole. Key players using blockchain and DLT in the field include Accenture, AWS, Bigchaindb, Deloitte, IBM, Infosys, Microsoft, Nodalblock, Oracle, SAP, Enosi, and…

UK Coronavirus Deaths Top 2,000 as 1 in 8 Selfish Residents Ignore Lockdown

A recent poll found that 1 in 8 people in Britain are ignoring the Coronavirus lockdown. These people are still going out and interacting with people from other households. These are the people that will make the 6-month-long lockdown necessary. We’re only going to get through this coronavirus pandemic by working together. Some people haven’t gotten the message. A recent survey from OnePoll reveals that 27% of Brits are still not self-isolating. Over half of that 27% gave their reasons for not isolating as ‘other.’ A third identified as essential…

Not Convinced New Investors are Buying Bitcoin, Top Analyst Says

While headlines about tanking bitcoin prices serve ideal opportunities for investors to enter the cryptocurrency market, one top analyst thinks the asset is lacking new buyers. Alex Saunders, the CEO & Founder of Australia-based Nugget News, offered a wave of discouraging catalysts that might have driven people out of cryptocurrencies, including a wrecked US job report. More than three million Americans filed for unemployment last week, providing first-hand information about how the Coronavirus pandemic is affecting the US economy. “A downside is [now] likely for stocks & crypto,” asserted Mr.…

Why ‘Control’ Deserves to Top Your Coronavirus Lockdown Gaming Queue

Control is on sale for the lowest price yet on PS4. Nvidia has announced GeForce Now support for Remedy Entertainment’s standout 2019 hit. The Foundation expansion launched yesterday, bringing a brand new storyline to the game. If you’ve yet to sample the delights of Remedy Entertainment’s supernatural action-adventure, Control, then there’s never been a better time. Widely considered by the gaming press as one of the best games of 2019, but sadly overlooked by many, Control has popped up in the news again for all the right reasons. Lowest Price…

BTC Will ‘Come of Age’ in Crisis, May Top All Time High

Pantera Capital Founder and CEO Dan Morehead has predicted Bitcoin will “come of age” during the 2020 financial crisis and may top its all time high price within 12 months. The San Francisco-based blockchain and cryptocurrency hedge fund founder made the comments in a March 25 letter to investors examining the fallout from the COVID-19 financial crisis. Morehead offered a grim prediction for the economy and said he believes the global economy is about to enter its first ever period of negative growth. “I now believe that the recession is…

Bitcoin Paints Two Extremely Bearish Patterns: Death Cross and Double Top

Bitcoin prices rallied Wednesday to reach an intraday top at about $6,983 but the move did not improve its bearish outlook for the rest of the month. The bitcoin-to-dollar daily chart saw the formation of two extremely bearish patterns: Death Cross and Double Top. The former appeared after bitcoin’s short-term moving average slipped below its long-term moving average. Meanwhile, the latter appeared as the price reached a peak two consecutive times with a moderate decline between them. BTC/USD forming death cross and double top on the same day | Source:…

Top Analyst Explains Why Bitcoin Price is Up 78% amid Coronavirus Outbreak

Bitcoin resumed its roller-coaster rally even as the worsening Coronovirus pandemic discouraged investors from holding risky assets. The benchmark cryptocurrency jumped 29.11 percent in the last 24 hours, hitting a new weekly high of $6,900 on Coinbase. The move uphill came after last week’s erratic sell-off that crashed bitcoin from $7,969 to as low as $3,858. Nevertheless, a renewed buying interest near the session lows helped the price rebound, eventually taking it up by 78 percent by this Friday. BTC/USD jumps buy up to 78 percent | Source: TradingView.com But…

Top Blockchain Use Cases Are in Payments, Security and Settlements

In its recent blockchain in banking report, Business Insider Intelligence indicated that financial institutions have mostly deployed the tech to improve payments, securities settlement, fraud detection security and trade finance. Published on March 19, the report analyzed a number of financial and tech organizations worldwide, including Australia and New Zealand Banking Group, Bank of America, Citi Bank, HSBC, Ripple, Visa, Fidelity Investments and CME Group. Major benefits from blockchain The findings showed that 66% of the surveyed financial institutions saw the major benefit of blockchain and distributed ledger technology in…