China Renaissance

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China Renaissance CEO: Blockchain More Important Than Bitcoin

The head of a Chinese investment bank says he believes bitcoin's underlying technology is more important than the cryptocurrency itself.

By Wolfie ZhaoOct 25, 2017

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Today

7:19 AM

Negative

BTC0.00%

Diverging trends: Ether slides below $2,000 while futures open interest hits record high of 16 million ETH

Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting.

5:56 AM

Negative

BlackRock's bitcoin ETF sheds $528 million, the second-largest daily outflow on record

IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.

4:55 AM

Negative

BTC0.00%

Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears

Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.

4:41 AM

Negative

XRP drops 4% below $1.30 as heavy selling breaks key support zone

XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower.

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