Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser
Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually test $100,000. But not before some correction. “$28,000 is in play before we see a pullback – and then we’re heading to...
Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High
Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest – an indicator of the total number of outstanding contracts held by investors – reached $8 million from a low of around $4 million a few days...
Coinbase Sees More Institutional Investors Buying Bitcoin in H1
Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange says it observed a “noticeable uptick in institutional business’s growth” in the first half of the year. According to...
UEFA Launches Tender for Multi-Faceted Anti-Piracy Partner
UEFA is the international body that governs football throughout Europe. The organization, which is part of FIFA, has the rights to several major competitions and tournaments including the European Championship, the Nations League, and the Champions League. These events are good for billions of dollars in broadcasting rights. With these types of figures at stake, UEFA is also keeping a close eye on piracy. This job has become...
Jolly Roger’s Patrons: Report Exposes ‘Pirate’ CDNs and Their Financial Backers
Over the past couple of years, cybersecurity company Group-IB has been devoting significant resources to revealing the inner workings of pirate sites. In particular, the Singapore-based company has taken a keen interest in revealing the business models of illicit streaming platforms and the pirate Content Delivery Networks (CDN) fueling many of them. Today the company delivers Jolly Roger’s Patrons, a new research study that...
