Bitcoin (BTC)

According to Reuters, the Russian central bank wants to ban investments in cryptocurrencies in the country. Following the bearish news, Bitcoin’s price fell to near $48.5k in the spot market. In the options market the last 48 hours, many options traders sold Calls and bought Puts to hedge for the near-term expiries. Multi expiry skew shows that traders seek downside protection. It seems that they are not optimistic about the rally in 2021: Technical Analysis On a daily...

Bitcoin hasn’t been doing all that well as of late. The world’s number one digital currency by market cap has seemingly dropped below $50,000 and has stayed there for the past two weeks or so, but while BTC has struggled in the past, the Bank of England has issued a statement explaining BTC has the potential to become “worthless” in the future. The Bank of England Expresses Crypto Concern In New Report In a recent report published by the financial institution, executives...

Trois jours après son lancement, le projet Kivéclair a déjà récolté près de 12 000 dollars auprès de 200 contributeurs à travers le monde. Si vous souhaitez contribuer, rendez-vous sur kiveclair.org avec votre wallet Lightning. Porté par le média africain Chainglob et ses quatre collaborateurs (Gloire, Stewart, Fenelon, et Evariste), Kivéclair est un projet pédagogique et de développement basé à Goma dans la région du Kivu en République...

Während sich die Situation in der Türkei zuspitzt, sinkt die BTC Hashrate um etwa ein Fünftel. Damit haben wir eine geopolitische Marktlage, die den Preis anschieben sollte, aber gleichzeitig ein bearishes Signal, welches einen weiteren Kursabfall ankündigt. Bitcoin News: Bitcoin Hashrate sinkt um 20 ProzentDie Lira ist gestern um weitere 8 Prozent abgestürzt – damit hat die türkische Staatswährung in diesem Jahr bereits mehr als 50 Prozent seines Wertes verloren. Das neue Allzeittief der...

The Chamber of Senators of Paraguay passed a bill on Thursday that would regulate and commercialize crypto trading and mining activities in the country. Paraguay’s Senate Approves Crypto Bill Sen. Fernando Silva Facetti, one of three senators sponsoring the legislation, confirmed the approval on Twitter, saying that the bill now awaits deliberations from the Chamber of Deputies of Paraguay next year. (1/3) Today, after an intense debate, the Senate @SenadoresPy approved...

The United States Securities and Exchange Commission (SEC) has postponed its decision regarding the Bitwise Bitcoin ETP Trust and Grayscale Bitcoin Trust applications. SEC Extends Approval Date to Feb 2021 The regulatory body has issued two new extension dates for both applications to determine whether to approve, reject, or “institute proceedings to determine whether to disapprove” them. “The Commission finds that it is appropriate to designate a longer period within which...

Bitcoin’s adverse price movements continued in the past 24 hours, and the asset fell to a two-week low of $45,500. Most altcoins also suffered, with the apparent exception of Avalanche, which has soared by nearly 10% on a daily scale. Bitcoin’s 14-Day Low It was just two days ago when the US Federal Reserve said it will leave the interest rates unchanged, which caused a substantial price surge for bitcoin. The cryptocurrency traded at $46,500 and skyrocketed to $49,500 in...

The global investment manager – VanEck – expanded its cryptocurrency offerings by adding two new Exchange-Traded Notes (ETNs) tracking the performance of Avalanche and Polygon. The company has already launched such products on Bitcoin, Ethereum, Polkadot, Solana, and Tron. Avalanche And Polygon ETNs Joined The List The global investment management company – VanEck – disclosed the news in a recent post on Twitter. As a result, investors will be able to gain exposure to Polygon...

Justin Sun is regarded as one of the high-profile individuals in the digital-asset world. Last month, the Republic of El Salvador announced a plan to build the world’s first “Bitcoin City”, funded initially by Bitcoin-backed bonds. It is not surprising to hear the news related to bitcoin regarding Salvador, given this republic is also the first sovereign state that adopted the cryptocurrency bitcoin as their legal currency. Salvador is believed to...

Alkami Technology Inc. – a company that offers cloud-based solutions to banks and credit unions in the United States – has partnered with the NYDIG to provide bitcoin services to the Idaho Central Credit Union (ICCU). Customers of the bank will now be able to purchase and sell crypto units through its mobile application and its online banking platform. Alkami and the NYDIG Bring Crypto and Traditional Finance Together In an interview, Mark Willden – chief information...