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Bitcoin (BTC)

Tether (USDT) Surpasses $50B Market Cap

After being listed by Coinbase Pro, Tether (USDT) price has experienced sharp growth. Tether (USDT), the oldest and leading stablecoin in the cryptocurrency market, has surpassed $50 billion market cap. Notably, there has been a significant demand for the dollar-pegged stablecoin, particularly Tether (USDT) as indicated by a sharp increase in daily traded volume.According to metrics provided by CoinGecko, Tether (USDT) had a daily traded volume of approximately $131 billion. To put the...

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Scott Minerd Once Again Says BTC Could Fall to $20K

Bitcoin has done rather well this year. For the most part, 2021 has been a continuation of the BTC bull run we began to see towards the end of 2020, but now, it looks like the world’s number one digital currency by market cap has taken a turn for the worse, which is causing some analysts – such as Scott Minerd – to feel differently about the coin. Scott Minerd Predicts an Ugly Future for BTC Minerd of Guggenheim Partners has recently repeated the same warning he issued...

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La plus grande banque des États-Unis envisagerait de lancer un fonds Bitcoin d’ici l’été

La magazine Coindesk rapporte que, selon « des sources proches du dossier », la holding financière JPMorgan Chase envisagerait de lancer d’ici l’été un fonds Bitcoin réservé à ses clients les plus fortunés. Voilà une évolution étonnante quand on sait que Jamie Dimon, CEO de JPMorgan, a multiplié par le passé les déclarations hostiles à Bitcoin. Petit florilège :– « Bitcoin est produit...

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JPMorgan to Let Private Wealth Clients Invest in Bitcoin Fund

The new move by JPMorgan represents a turnaround for the investment bank as its CEO Jamie Dimon previously called Bitcoin a dangerous fraud. Investment banking company JPMorgan Chase & Co (NYSE: JPM) is rolling out a Bitcoin Fund for clients. Upon a successful rollout, JPMorgan will become the first and largest bank in the US to offer such a service. Now, JPMorgan has cryptocurrency as an asset class, and customers can now invest in the digital asset.JPMorgan’s Client to Invest in...

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eToro Launches Stock Portfolio Featuring Firms that Boosts ‘Bitcoin Value Chain’

eToro wants the Bitcoin Value Chain to consist of firms operating in the mining, semiconductor, payments, exchange, custodianship, and insurance spaces, as well as the asset itself. Israeli social trading and multi-asset brokerage company eToro has launched a stock portfolio that seeks to track the performance of companies building the Bitcoin Value Chain. According to the company’s announcement, the portfolio dubbed the “BitcoinWorldWide” will not take into cognizance firms that do not...

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JPMorgan Will Reportedly Launch an Actively Managed Bitcoin Fund to Private Clients

Several years after its CEO called bitcoin “fraud,” JPMorgan Chase & Co has completed its U-turn. America’s largest bank is purportedly looking into launching a bitcoin fund, with the digital asset financial firm NYDIG to serve as custodian.  Citing people familiar with the matter, CoinDesk reported earlier today that JPMorgan intends to release an actively managed bitcoin fund soon.  According to the coverage, the New York Digital Investment Group (NYDIG), describing...

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Bitcoin Price Analysis: Is BTC Back Bullish After Touching Long-Term Support From March 2020?

Bitcoin price starts this new week with a strong 8% rebound, as it soars back above the $50k mark. The primary cryptocurrency dropped from $60,000 last Sunday, and it collapsed beneath the 50-days MA level through the week. It continued to decline beneath $50,000 to reach as low as $47,000 (.5 Fib) yesterday, shortly before the quick bullish bounce. The large wick, as can be seen on yesterday’s daily candle, is a very strong signal that the bull run might still be alive,...

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Analysts Comment on Whether Coinbase Stock Is a Buy Based on COIN Performance 

According to Dan Ives, the performance of Coinbase is a “barometer” for the growing adoption of Bitcoin and altcoins over the coming years.  Analysts have noted their opinions on the stock of US largest crypto exchange Coinbase Global Inc (NASDAQ: COIN), and stated whether it is a “Buy”. The exchange went public via a direct listing on the Nasdaq on the 14th of April. Ahead of its launch, Nasdaq set Coinbase reference price at $250 a share. However, Coinbase stock opened at $381 and briefly...

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Giant American Wine Seller Now Accepts Bitcoin, Dogecoin, and Ethereum

The New York wine seller Acker, Merrall & Condit, or simply known as Acker, announced it now accepts digital currencies as a form of payment at its auctions and retail store. The company supports some of the most popular cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, and Dogecoin. Acker Catches the Crypto Wave After the massive impact that the COVID-19 pandemic caused on global economies, many organizations turned their heads to the potential of digital...

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Manger la grenouille ?

Un ami qui, sans être une « baleine » crypto ni un « pigeon » ébloui par les nouvelles technologies, me lit tout de même à l’occasion, a réagi à l’image du passe-boule turc qui ornait mon précédent article en me demandant comment on pourrait bien jouer avec un bitcoin au jeu très populaire dans sa Picardie et que l’on nomme « le jeu de la grenouille ». Voyant dans cette question pratique un signe...

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