Asset managers VanEck and SolidX plan to offer a limited version of their Bitcoin (BTC) exchange-traded funds (ETFs) to qualified institutional buyers. While the wait for retail investors continues, institutional players might get an opportunity to buy the shares starting on Sept. 5. This is a positive development because a strong demand from institutional players might help in expediting approval for a full-fledged Bitcoin ETF for retail investors. The uncertainty of the trade war between the United States and China, endless money printing and negative yields around the world are all driving institutional investors toward safe haven assets, one of …

The total market capitalization of cryptocurrencies has again bounced from just below the $250 billion mark, which is a positive sign. This level has repeatedly provided support in the past three months. It shows that investors are using dips to accumulate. Volatility has shrunk in the past few days, but we expect it to pick up. During the run-up to the launch of CBOE futures in Dec. 2017, the market rallied hard but then sold off after the launch and entered a long bear phase. Will the launch of long-awaited Bakkt futures platform also result in a similar situation or …

This week, major cryptocurrency exchange Binance stated that it plans to take a conservative approach and that Venus project will comply with all the regulatory requirements. This will keep it away from the hurdles that Facebook’s Libra project currently faces. The total market capitalization of cryptocurrencies has dipped below $250 billion. Since mid-July, crypto markets have rebounded from close to this level on many occasions. Mike Novogratz believes that the Bitcoin (BTC) bull market is still alive and the current drop is only a consolidation before institutional investors jump in. Brevan Howard’s co-founder Alan Howard is planning a $1 billion …

In the past few weeks, both Bitcoin and gold have attracted investors who have flocked to safe haven assets due to trade wars and an uncertain geopolitical environment. While traditional investors prefer investing in gold, the discovery of fake kilogram gold bars in the vault of JPMorgan Chase points to a forgery crisis. While gold owners need an expert to confirm the authenticity of their holding, Bitcoin node operators do not need any, which is a huge advantage. The government has confiscated gold holdings of the public in the past, hence, there is a possibility that it can do it …

Cryptocurrencies can benefit from wider adoption and many believe that with a user base of about two billion people, Facebook can speed up the process. Its Libra project has drawn sharp criticism from regulators, finance ministers and central banks around the world. Previously, Bitcoin rallied along with risky assets, however, in the past few months, it has been acting similar to a safe haven, though it is not there yet, according to Nelson Minier, head of over-the-counter sales at cryptocurrency exchange Kraken. Minier said that the current state of the cryptocurrency industry, with all its innovation and trading, is similar …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Though institutional investors are professionals with years of experience under their belt, they have been slow to recognize and embrace cryptocurrencies, which is the new trend in the digital age. Conversely, retail traders who are considered amateurs have been quick to adopt cryptocurrencies and have benefitted immensely from it, according to Tyler Winklevoss. His …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Crypto markets are under pressure as the total market capitalization has dipped close to $260 billion. United States Secretary of State Mike Pompeo believes that Bitcoin should be regulated similar to other financial transactions because the ability to do anonymous transactions with it can be used for financing terrorism. This shows the myopic vision …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Crypto enthusiasts despise fiat currencies while central banks have largely been against cryptocurrencies, as they consider crypto assets to be a form of competition to their existence. However, a new analysis has found that mere existence of cryptocurrencies benefits both society and the government. Cryptocurrencies offer an opportunity for citizens to diversify their investments. …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The global amount of debt with negative yields ballooned up to $15 trillion, according to Deutsche Bank. Though yields in the United States are still in the green, President Donald Trump has been pressing the Fed to cut rates aggressively. If the US also joins the negative yield bandwagon, cryptocurrencies are likely to surge. …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Nicholas Colas, co-founder of DataTrek Research, believes that the performance of Bitcoin in the past few days shows that it is working like a geopolitical turmoil indicator. He points out that Bitcoin predicted Hong Kong protests and some capital flight out of Hong Kong and China. Both in Argentina and Hong Kong, investors paid …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Goldman Sachs is positive on Bitcoin. In a note, one of the firm’s analysts has projected a short-term target of $12,916 to $13,971, after which it might enter a consolidation. For the long term, the analyst considers the current move as the first leg of the five wave count, which means that the analyst …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Vertical moves are unsustainable in the long run. Hence, it is always better if there are consolidations in between because those levels act as a floor during corrections. Tim Draper believes that the consolidation might delay Bitcoin’s eventual rally, but he remains steadfast in his target of $250,000. Nicholas Gregory, CEO of blockchain firm …