Bitcoin price started a fresh increase above the $45,000 resistance against the US Dollar. The price is now trading above $50,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $43,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is showing positive signs and it could continue to rise above the $52,000 level. Bitcoin price is gaining pace above $50,000 against the US...
Read More »A New World Built Up By NFTs
The metaverse was a big deal when it was first proposed. In Neal Stephenson’s 1992 sci-fi novel, Snow Crash, the metaverse is a virtual copy of the real world that people can interact with by wearing special “data goggles.” Back then, the idea of the metaverse seemed quaintly optimistic. Nearly 30 years ago, it was hard to imagine how our online social interactions would become more extensive and diverse than in real life. And perhaps even more importantly—how they would...
Read More »Citadel Would Provide Crypto Services if There Is Regulatory Clarity, Says Founder
Ken Griffin – Founder and Chief Executive Officer at the multinational hedge fund Citadel LLC – stated that his organization will start offering cryptocurrency trading services only if there is “regulatory clarity.” However, he is not keen on the asset class, opining that it threatens the strength of the American dollar. Citadel Can Jump on The Crypto Bandwagon During a recent interview, billionaire Ken Griffin pointed out the necessity of imposing a regulatory framework on...
Read More »U.S. Bank lance un service de conservation de bitcoins
U.S. Bank, la 5e plus grande banque des États-Unis, a annoncé aujourd’hui le lancement, en partenariat avec NYDIG*, d’un service de conservation de bitcoins destiné aux gestionnaires d’investissement institutionnels. « L’intérêt des investisseurs pour les cryptomonnaies […] a fortement augmenté au cours des dernières années. Nos clients recherchent une offre de services conforme aux normes de...
Read More »La sidechain Liquid à l’arrêt pendant 22 heures
La « sidechain » Liquid, développée par Blockstream, a cessé de fonctionner pendant 22 heures suite au déploiement, le 4 octobre dernier, d’une mise à jour introduisant une nouvelle fonctionnalité. Un bug a entraîné « l’activation du mode de sécurité » du réseau et les blocs ont cessé d’être produits jusqu’à ce qu’à ce qu’un correctif soit publié et diffusé. Source : cointelegraph.com Voir...
Read More »IMF: Regulation Is the Only Thing That Can Save Crypto
According to the International Monetary Fund (IMF), crypto traders need to accept the idea of stronger regulation if they are ever going to be safe from hackers and other illicit players. The IMF Says Regulation Needs to Happen There have been several arguments as of late claiming that the bitcoin space is prone to criminal activity from those who would like to launder money, fund terrorist organizations, and commit themselves to illicit projects. In addition, the crypto...
Read More »Bitcoin Enters Bullish Territory, Gains $5,000
Here’s some good news, folks. Bitcoin has shot up by more than ten percent at press time! The world’s number one digital currency is now trading for just shy of $48,000, the highest it’s been in weeks. Bitcoin Is Really Starting to Move Up The currency has had a rock-and-roll run throughout 2020 and 2021 both. In 2020, the currency fell briefly below the $4,000 per unit line. This was just as the coronavirus pandemic began permeating global economies everywhere. During...
Read More »JPMorgan CEO: Bitcoin Is Going to Be Regulated, ‘Whether You Like It or Not’
Jamie Dimon reiterated his negative stance on bitcoin, saying it serves as the “fool’s gold of the future.” He also opined that the entire cryptocurrency industry will inevitably be put under a regulatory framework. Bitcoin Has No ‘Intrinsic Value’ The Chief Executive Officer of JPMorgan Chase & Co. – Jamie Dimon – is, by all means, a cryptocurrency critic. During a recent interview for HBO, he gave his reasons why he is against the asset class. He scratched the hot topic...
Read More »Analyst Daniel Joe is Very Bullish on Bitcoin: But Here’s The Only Thing Can Change His Mind (Podcast)
Bitcoin’s price over the past couple of weeks has been on an absolute roller coaster, leaving many to wonder whether we’re still in a bull market, what’s going to happen next, and how to properly position themselves for the last quarter of the year. Amid these turbulent times, we sit down with prominent on-chain analyst Daniel Joe. We talk about the current state of the market, whether or not we can expect Bitcoin to hit $100K anytime soon, as well as some useful advice for...
Read More »US Bank Floats Bitcoin Custody Services to Meet Clients Demands
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