News

MrBitcoin September 16, 2019

Bitcoin’s strong and stable performances in 2019 have been undeniable. As the cryptocurrency’s returns continue to outperform gains seen in traditional market stalwarts (i.e. gold, silver, and the S&P 500), many traders are making comparisons to its relative strength within the market. A recent tweet from crypto analyst @BitcoinEcon has raised some key questions for […]

MrBitcoin September 13, 2019

One of the first blockchain based games that was most renowned for ‘breaking’ Ethereum back in 2017 is set to return on its own platform. The founders are hoping to revive the viral CryptoKitties craze that was ridiculously popular two years ago – but will they succeed? Dapper Labs Gets Big Backers According to a […]

MrBitcoin September 10, 2019

With confirmation that the proposed crypto lunch with billionaire Warren Buffett is still on, it remains to be seen whether U.S. President Donald Trump will accept Justin Sun’s invite. Save Trump a Seat Back in mid-July, President Trump put cryptocurrency as the focus of his daily tweetstorm. In response, Sun — the Tron CEO, invited […]

MrBitcoin September 5, 2019

In 2017, Union Square Ventures co-founder and managing partner, Fred Wilson had said that Ethereum’s market cap will surpass that of Bitcoin by year-end. That didn’t happen and now he is taking his words back, for good.  Wilson: Ethereum ‘Confounds’ Me Not just the USV chief, Ethereum has left many of its investors in a […]

MrBitcoin August 30, 2019

UK asset management firm Elwood plans to develop a giant $1 billion bitcoin and cryptocurrency investment venture, it says. Elwood Expands Cryptocurrency Exposure Quoted by the Financial Times on August 30, Elwood, which is owned by billionaire Alan Howard, revealed it wants to funnel cash into crypto hedge funds.  The company is no stranger to […]

MrBitcoin August 27, 2019

Bitcoin is settling around $10,000, and the chances of a major bull market in 2019 are all but over, new market data suggests. $20K Bitcoin ‘93% Unlikely’ This Year According to the analytics resource Skew, institutional investors are the latest cohort to flash more bearish about Bitcoin’s 00 prospects for the rest of this year.  […]

MrBitcoin August 22, 2019

Blockchain proves once again that it is a must-have technology for financial institutions at all levels. Last week, the World Bank raised an additional AUD 50 million ($33.8 million) through its blockchain-based Kangaroo bond, called bond-i. Bond-i Sale Co-Managed by CBA, RBC, and TD The bond tap, i.e. the reopening of the bond initially issued […]

MrBitcoin August 19, 2019

As a new week begins in crypto land a different pattern is forming this Monday morning. After bitcoin spent most of the weekend consolidating above $10k, the altcoins are making all the moves at the moment. Is this a one off or could it be the start of a wider revival for them? Bitcoin Makes […]

MrBitcoin August 16, 2019

The Australian Tax office has sent out 18,000 warning letters to Self Managed Super Funds (SMSFs). The letters target those who have invested over 90% of retirement funds in a single asset class, such as property or cryptocurrency. Breaking The Law with Cryptocurrency The letters from the tax office remind SMSFs that they have a ‘duty […]

MrBitcoin August 14, 2019

Bitcoin may sink to just above $8,000 in the short term in order to keep in line with its historical behavior, new crypto analysis suggests. BTC To Descend Below $9k? Currently circulating on social media are charts of CME Group’s Bitcoin futures performance which traditionally impacts on the Bitcoin price. On these charts it shows […]