Liquidations May Loom as Altcoin Bulls Hold Despite Shorts Spiking

Liquidations May Loom as Altcoin Bulls Hold Despite Shorts Spiking

Many altcoin bulls are holding longs in spite of yesterday’s sudden down-turn in the Bitcoin markets. However, altcoin shorts are quickly rising too. Despite yesterday’s 8% crash in the price of Bitcoin (BTC) driving many BTC bulls from the markets, altcoin longs have only seen slight declines, with Ether (ETH) longs defying the trend with…

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Bitcoin News Summary – June 8, 2020

Bitcoin News Summary – June 8, 2020

The post Bitcoin News Summary – June 8, 2020 appeared first on 99 Bitcoins.  Coinbase is offering blockchain tracking software to US federal agencies. Public records revealed that Coinbase wants to sell its blockchain tracking service to the Internal Revenue Service as well as the Drug Enforcement Administration. This software will link blockchain addresses…

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Ball’s in Their Court: Crypto Custodians Waiting on Regulators to Act

Ball’s in Their Court: Crypto Custodians Waiting on Regulators to Act

Crypto custody firms are mostly treated like traditional assets, ignoring the uniqueness of digital assets and its various complexities. The business of cryptocurrency custody is getting more competitive and lucrative by the day. The most recent announcement has come from Switzerland, where local family-owned bank Maerki Baumann announced on May 29 that it had expanded…

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