Huobi Pro Launches New Crypto Market Index

Cryptocurrency exchange Huobi Pro is launching a new market index for its customers, the company announced Wednesday. The Huobi main force index will track 10 different digital assets traded against tether...

Bitcoin Closing on Long-Term Bear Indicator Not Seen Since 2014

Following bitcoin's recent losses, a key long-term trend indicator is looking increasingly bearish. Notably, the five-month moving average (MA) has rolled over in favor of the bears and looks set to...

Singapore Proposes Regulatory Boost for Decentralized Exchanges

The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, is proposing changes to existing regulations that would ease market entry for blockchain-based and decentralized exchanges. According to a...

Bitcoin Price Falls to 35-Day Low Below $8K

Bitcoin's price has slipped below $8,000 on Wednesday, reaching its 35-day low since Apr. 18 within just an hour after the trading entered morning session (UTC), data from CoinDesk's Bitcoin...

He Paid How Much? CoinDesk Releases ‘Bitcoin Pizza Day’ Price Tracker

Eight years ago today, the first reported exchange of bitcoin for a consumer product - a pair of Papa John's pizzas - took place. At a total cost of 10,000 bitcoins,...

Failed Bull Breakout Leaves Bitcoin Eyeing Drop to $8K

Bitcoin's failed bull move on Sunday has left the doors open for the bears to make a comeback. The inverse head-and-shoulders breakout on May 20 signaled a short-term bullish reversal that could...

Initial Coin Offerings Are Setting Capital Free. That’s Huge

Simon Johnson, co-author of the bestseller "13 Bankers," is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management. He also works closely with Joi...

Bitcoin Took a Hit Last Week But These Cryptos Fared Worse

Bitcoin hogged the limelight in the cryptocurrency markets last week as it fell to one-month lows below $8,000. Yet, while the world's largest cryptocurrency by market capitalization suffered a 3.6 percent...

Back Above $8,500: Does Bitcoin’s Rally Have Legs?

Bitcoin (BTC) has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate. The cryptocurrency closed below key technical levels on Thursday, signaling...

Former OKEx Chief Joins Rival Cryptocurrency Exchange Huobi

Chris Lee, the former CEO of Hong Kong-based crypto exchange OKEx, has announced he is joining rival platform Huobi as its vice president of global business development. According to an announcement...