Bitcoin

Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) completed its share unlockings this week, ending a major talking point both inside and outside crypto. Data from monitoring resource Bybt confirms that as of Thursday, no more unlockings are scheduled. Bitcoin shrugs off another FUD narrative Unlocking events at GBTC have continued throughout 2021 and,
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Bitcoin (BTC) prices have recovered by more than 60% to $47,486, after bottoming out below $30,000 on July 20, triggering anticipations of an extended bull market toward $100,000. But to John Bollinger, a celebrated contributor to the field of financial analysis, investors should refrain from buying the benchmark cryptocurrency at current prices. Bollinger advised in his
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Major South Korean cryptocurrency company Upbit has reportedly submitted a business report with the Korean Financial Intelligence Unit (FIU). Upbit reported its virtual asset business to the FIU, which operates under South Korea’s top financial regulator, the Financial Services Commission (FSC). Upbit’s operator Dunamu announced the news on Friday, The Korea Economic Daily reported. Upbit
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Bitcoin (BTC) edged closer to $50,000 on Aug. 22 as concerns over a bearish downturn made a timely reappearance. “Modestly bearish” signs accompany $50,000 run-up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 on Bitstamp Sunday — itself a three-month record. The weekend had proven the staying power of higher
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Jake Klein, CEO of Australian gold mining establishment Evolution Mining, has said that crypto price volatility will make gold a far more attractive proposition. Speaking to CNBC on Thursday, Klein argued that Bitcoin (BTC) is still ways away from offering the longstanding security associated with gold from a hedge investment perspective, despite Bitcoin’s returns outsizing
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Bitcoin (BTC) prices briefly fell below $44,000 on Aug. 19 as the United States Dollar strengthened after the Federal Reserve policy minutes revealed their intentions to limit their bond-purchasing program this year. Bitcoin risks $45,000 becoming new resistance  The spot BTC/USD rate dropped 1.71% to a new week-to-date low of $43,955. The pair’s plunge appeared
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As blockchain technology expands its horizons, attention is turning towards Hollywood with the introduction of a brand new decentralized series titled “HODL,” which will feature fan engagement tokens and highlight mining services-for-all. Audience to Gain Exposure to Token Incentives and Mining Art imitates life in one of the latest expressions of the blockchain universe as
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Being a crypto-friendly country has paid off in terms of adoption, as a new study about Singapore revealed.  “The State of Crypto in Singapore Report 2021,” conducted by crypto exchange Gemini in partnership with CoinMarketCap and Seedly, found that more than two-thirds of Singaporeans who have financial investments currently hold crypto. The report, which sampled 4,348
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press release PRESS RELEASE. Charitable company MUNCH will lead a philanthropic effort called Charity Circle, which will donate to charitable global causes using ETH. 13th August 2021, London, UK — Leading DeFi charity platform MUNCH has announced ‘Charity Circle’ – a philanthropic effort led by Munch to encourage DeFi projects to donate to charitable causes
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Following a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August 10, the wealth manager Vaneck filed an application with the SEC
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Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with criminality adds to this shared sense of skepticism. There is no denying that cryptocurrency has and continues to be used for illicit activities
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