Bitcoin price started trading in a range above the $34,000 zone against the US Dollar. The price is now trading below the $37,000 zone and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a major increase if there is a clear break above $39,000 and $40,000. Bitcoin price is attempting an upside break above...
Read More »Börse Stuttgart Digital Exchange launcht iOS- und Android-App zum Handel mit Bitcoin
Börse Stuttgart eröffnet Token-Handelsplatz BSDEX Die Börse Stuttgart Digital Exchange (BSDEX) bietet Anlegern als Deutschlands erster regulierter Handelsplatz für digitale Assets künftig auch eine mobile App zum Handel mit Bitcoin, Ethereum, Litecoin und XRP (Ripple) an. Diese steht ab sofort in den App Stores für iOS- und Android-Geräte zum kostenlosen Download bereit. Dabei umfasst die mobile App der BSDEX alle wesentlichen Funktionen...
Read More »NFL Player Tom Brady: I Really Believe in Bitcoin
Bitcoin is continuing to suffer as of late. The world’s number one digital currency by market cap has fallen into the darkest realms of the financial space and has lost about $30,000 from its previous all-time high of roughly $64,000, which it achieved in mid-April. Nevertheless, there are many people that stand by the asset, including NFL player Tom Brady. Tom Brady Sure Likes His Crypto In a recent interview, the star quarterback – formerly of the New England Patriots...
Read More »Crypto is Not a Substitute for Gold but Copper: Goldman Sachs Head of Commodity Research
Jeff Currie – the Global Head of Commodities Research at Goldman Sachs – shared his thoughts on Bitcoin being a gold replacement. According to him, digital assets are substitutes for copper. From Gold to Copper In a recent CNBC interview, Jeff Currie warned that cryptocurrencies are risky and people should not consider them as a gold substitute. He opined that copper is a much more similar asset to be compared to digital assets: ”Digital currencies are not substitutes for...
Read More »Convenience Store Sheetz to Permit BTC Payments for Gas and Goods
A convenience store chain known as Sheetz says that it will be working with Flexa – a digital payment network – to permit bitcoin and cryptocurrency payments at all its locations in the United States. Sheetz Says “Yes” to Crypto Payments Sheetz is a chain that operates primarily on the east coast and in the Midwest. Presently, it boasts more than 620 stores in states such as Pennsylvania, North Carolina, Ohio, and West Virginia. The currencies that people will be able to...
Read More »C’est Votre Argent : spéciale cryptomonnaies
L’émission C’est Votre Argent le 31 mai 2021 de BFM Business était consacré aux cryptomonnaies. Avec Ambre Soubiran, Directrice général de Kaiko, Claire Balva, Cofondatrice Blockchain Partner et directrice blockchains et cryptos chez KPMG France, Jean-David Benichou, Président de Via.io, Jean Marc Daniel, Adli Takkal-Bataille président du Cercle du Coin et Charlie Meraud, directeur général de Woorton. Source : bfmtv.com
Read More »Transaction Fees on Bitcoin and Ethereum Drop to Multi-Month Lows
After consecutive months of exceptionally high transaction fees, the costs on the Ethereum and Bitcoin blockchain networks have dropped to multi-month lows. This came after the latest massive price crash and recovery attempts. Bitcoin and Ethereum Fees Calm The Ethereum network became synonymous with high fees following the substantial boost in popularity of decentralized finance, non-fungible tokens, and other operations running on top of it. As previously reported, the...
Read More »Over 50,000 Attendees Expected at Bitcoin 2021 Conference in Miami
Bitcoin 2021 Conference in Miami is expected to become the biggest crypto event in history.Miami is set to be the host of the Bitcoin 2021 Conference, which is being touted as the largest-ever gathering of crypto enthusiasts about the digital token. The event is going to be holding from June 3 to June 5.According to organizers of the event, over 50,000 attendees are expected to grace the event, which will run within the first week of June, at the Mana Convention Center in Miami, Wynwood...
Read More »From Mobile Applications to Exchange-Traded Products: New Crypto Developments in Europe
Cryptocurrency developments in Europe are emerging left and right as four issuers received approvals to list exchange-traded products on different exchanges, including in Paris and Amsterdam for the first time. Additionally, Germany’s regulated exchange for crypto assets released a mobile trading app for Android and iOS users. Four Issuers Launched Crypto ETPs in Europe With CoinShares leading the way with exchange-traded products tracking the performance of Bitcoin,...
Read More »SEC Boss Frets on Bitcoin ETF, Dampens Hope of Approval
The waiting list for the BTC ETF approvals includes Trust Skybridge, Fidelity Tree, Wilshire Phoenix among others.Cryptocurrency stakeholders, particularly ETF managers, who were looking forward to cashing in on the much-awaited cryptocurrency ETFs have been left licking their wounds. Gary Gensler, the SEC chair, comments that dampened their hopes of a Bitcoin ETF this year. Last week while testifying to the financial services subcommittee for the House of representatives, the SEC chair noted...
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