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Posted on Jul 2 2018 - 10:37pm by TekGuru

A sensational new rumor has been making the rounds recently – that Fb, the social media behemoth, is eyeing an acquisition of Coinbase, probably the most well-liked cryptocurrency alternate platforms. A possible acquisition would have dramatic results on the overall adoption and consciousness of cryptocurrencies. Fb is one in all  the world’s largest social community with more than 2 billion active users every month. This rumor might simply be chalked as much as wishful considering or hypothesis gone awry. Nonetheless, there’s truly...

Among the weak spot seen in bitcoin over the previous week was probably brought on by futures contracts reaching their expiry date, based on Tom Lee, Head of Analysis at Fundstrat World Advisors. In a report launched on Thursday, Lee blames the sell-off on “vital volatility” round futures expiry dates on the CBOE and CME futures marketplaces. He additional cites a idea by Justin Saslaw, cryptoasset investor at Raptor Capital Administration, that claims bitcoin appears to fall because the associated futures are nearing their expiry...