The People’s Bank of China (PBoC) published a document reminding that digital assets are banned within the country and added that operating with exchanges will also be prohibited. As a result, BTC dumped by $3,000 in an hour. China’s negative stance on the cryptocurrency space has been wildly known for years, and the nation tends to frequently remind investors about it. The central bank highlighted the illegal status of digital assets once more on Friday. The statement also...
Read More »TCW Asset Manager: Crypto Knocking on Doors of Big Institutions
Portfolio manager at Los Angeles-based TCW Group, Bryan Whalen, has stated that crypto investors are asking big institutions for loans against their digital assets. The comments came at a Morningstar Investment Conference this week, according to Bloomberg. Whalen went on to indicate that: “The market is starting to knock on the doors of big institutions, even in the bond world.” Borrowers issue bonds to raise money from investors who are willing to lend them money for a...
Read More »Bitcoin Retests $45K as Ethereum Stalls Around $3.1K (Market Watch)
Following a few days of adverse price developments, bitcoin has started to recover some value and currently sits around $45,000. Most altcoins have stalled in the same timeframe, with a few exceptions from Polkadot and Terra. Bitcoin Taps $45K The start of the week was highly damaging for the bitcoin bulls as the price of the cryptocurrency plummeted on Monday from $48,000 to around $43,000 in hours. The situation only worsened in the following two days as BTC dumped by a few...
Read More »Twitter lance les « tips » en bitcoin via le Lightning Network pour les utilisateurs de l’appli iOS aux Etats-Unis
Le réseau social Twitter a annoncé hier que les utilisateurs de son application iOS peuvent désormais envoyer des « tips » [1] en bitcoin via le Lightning Network. Cette fonctionnalité, qui repose sur l’API de la start-up Strike, n’est pour l’instant accessible qu’aux Etats-Unis et au Salvador. Twitter annonce qu’elle sera bientôt disponible pour tous, y compris pour les utilisateurs de son...
Read More »Bitcoin Cash Analysis: Upsides Could be Capped Near $600
Bitcoin cash price started a major decline below the $600 zone against the US Dollar. The price is now trading well below the $600 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $572 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to decline unless there is a clear break above $572 and $600. Bitcoin cash price is eyeing recovery above $580 against the US Dollar,...
Read More »Netflix Set to Premier Documentary About QuadrigaCX CEO in 2022
American online streaming giant Netflix is preparing to release a documentary, which focuses on the death of Gerald Cotten, founder and CEO of the now-defunct Canadian cryptocurrency exchange, QuadrigaCX. Netflix made the announcement via Twitter on Thursday (September 23, 2021), with the documentary titled “Trust no One: The Hunt for the Crypto King.” According to the synopsis, a group of QuadrigaCX investors who have become investigators will seek to uncover the suspicious...
Read More »Twitter Launches Support For Bitcoin Tips on Lightning Network. NFTs Could Come Soon
Twitter, the favorite social network among cryptocurrency lovers, has just announced that it will let its users to send Bitcoin to any account with a BTC wallet. Enabling Bitcoin tips is part of an even larger initiative. The company is expanding its support for payment processors of all kinds, including Patreon, Cash App, Venmo, Razorpay, GoFundMe, and Brazilian startup PicPay, which serves as an equivalent to Paypal or Venmo with some additional options such as cashback...
Read More »Crypto Meetup luxembourgeois
« Simple meetup pour se rencontrer entre crypto-enthousiastes au Luxembourg » – Emilien Dutang Quand ? – Vendredi 1 octobre de 18h00 à 23h00 Où ? – Au Respawn bar, 65 Rue du Fort Neipperg, 2230 Luxembourg En savoir plus : meetup.com
Read More »Denelle Dixon: El Salvador Is Doing Well with BTC
El Salvador has been making huge headlines as of late. The country is among the first to declare bitcoin – the world’s number one digital currency by market cap – legal tender, meaning it can now be used to purchase items and services in the same way one might use fiat, credit cards, or even checks. El Salvador Might Be Doing Something Right However, the country has experienced some serious rollout issues, between people protesting that they don’t want life to change to...
Read More »Crypto Companies in Australia Get Shunned By Banks
What occurred in India’s cryptocurrency space a few years ago is now at risk of also occurring in Australia. The country’s financial laws have failed to keep up and include cryptocurrency, and thus many startup ventures delving in blockchain and in digital currencies are now at risk of losing the money and support they receive from standard banks. Australia Is Having Trouble in Its Crypto Space India saw a situation like this occurring just a few years ago. Many news...
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