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Published at: 2019-10-20 23:23:30

Crypto Exchange Update: Binance, Bitfinex, Bitstamp, Huobi Global, and Poloniex

This article covers the latest news from Binance, Bitfinex, Bitstamp, Huobi Global, and Poloniex for the week 14 October 2019 to 20 October 2019.

Published at: 2019-10-20 23:00:50

Institutional Longs on Bitcoin Price Grow as Bear Momentum Wanes

Despite the harrowing price drop seen in late September, institutions are expecting for the Bitcoin (BTC) price to soon head higher — at least for institutions involved in the Chicago Mercantile Exchange (CME) futures market. Industry analytics provider Skew recently observed that long positions hel...

Published at: 2019-10-20 22:30:16

Bitcoin allows people to transact without involving a ‘fractional reserve system’

The Banking crisis of 2008 was one of the key elements that fueled the invention of Bitcoin. The advent of Bitcoin exposed some of the pivotal flaws of the centralized banking systems which were largely ignored as there were no alternatives. Central banks work on the principle of creating more debt...