L’Autorité des Marchés Financiers a mis à jour la liste des Prestataires de Service sur Actifs Numériques. Désormais 10 sociétés sont enregistrées à cette heure. Derniers ajouts : – Bitcoin Avenue : comptoir de change situé à Caen, enregistré pour l’achat / vente d’actifs numériques contre monnaie ayant cours légal et pour l’échange crypto / crypto. – Bykep (anciennement Keplerk) enregistré...
Read More »Ruffer: Bitcoin Adoption Is Going to Shoot Through the Roof
Bitcoin has been exploding over the past year. Aside from experiencing heavy price booms that saw the currency rise from about $10,000 to $40,000 in just three months and attain all kinds of new highs, the currency has also been seeing fresh waves of institutional interest from the likes of companies such as MicroStrategy and Tesla, which have both purchased billions of dollars-worth of the asset. Now, asset manager Ruffer claims that things are just getting started for...
Read More »Tim Draper Handpicks Netflix as the Next Company to Purchase Bitcoin
Popular venture capitalist and Bitcoin bull Timothy “Tim” Draper predicted that major online streaming platform Netflix could be the next company to join the bitcoin buying bandwagon.Next Bitcoin Investor Could Be NetflixSpeaking in a recent episode of the Unstoppable Podcast, Tim Draper stated that Netflix could be the next in line to add bitcoin to its balance sheet. According to him, the company’s co-founder and co-CEO, Reed Hastings, makes Netflix a likely bitcoin investor. Draper...
Read More »Bitcoin, fais-moi rêver…
Cela ressemble à une bulle, une méga-bulle digne des grandes arnaques que la finance a pu produire depuis qu’elle existe. De telles performances semblent indécentes : 65% depuis le début de l’année, 895% depuis le point bas des marchés d’actions en mars 2020, et que dire de son parcours depuis sa première cotation à 0,001 dollar le 5 octobre 2009… il en vaut aujourd’hui près de 48.500 dollars. Il...
Read More »Canada Is Now Looking to Unveil an Ethereum ETF
It’s only been a few weeks since Canada introduced the world to the first bitcoin-based exchange-traded fund (ETF). Now, it looks like an Ethereum-based ETF may be on its way. The Case for Canada and the Crypto ETF Evolve Funds is the company behind Canada’s BTC ETF, and it looks like the company is already experiencing heavy success with this product. So much, in fact, that it wants to bring similar products to the market, and it feels that Ethereum may be the way to...
Read More »Michael Burry: Bitcoin’s Sudden Rise Is Unsustainable
Bitcoin has been doing quite well as of late, but as we’ve seen in the past, not everyone is set to be convinced by the world’s largest and most popular digital currency by market cap. Michael Burry – a legendary investor and the subject of both the book and the film “The Big Short” – is one such person and believes that bitcoin is trapped within the confines of a massive bubble. Michael Burry: Bitcoin Is Headed Downhill In a tweet he was quick to get rid of, Burry...
Read More »Institutional Investors Continue to Buy Bitcoin as Price Tops $50K: Report
The recent price developments have not deterred institutional investors from allocating funds in bitcoin. Just the opposite, the latest major withdrawal from Coinbase to custody wallets worth $630 million became a fact earlier today, suggesting that institutions keep accumulating.Institutions Double-Down on BTCCryptoQuant’s CEO Ki Young Ju has repeatedly outlined the connection between bitcoin’s price and institutions using the largest US-based crypto exchange, Coinbase, to purchase more of...
Read More »Bitcoin Is Back Up to $50K, Critical Stage for Bull Revival
There may be an end to the recent pullback if Bitcoin stays above $50K. Analysts are predicting a new high above $58,000.Bitcoin has once again exceeded $50K, putting an end to the current price pullback. The growth may also mark the end of a revival of the comprehensive uptrend.Bitcoin began this month positively after jumping more than 80% to $49,000. John Ng Pangilinan, managing director at Singapore-based Signum capital, said:“The correction looks to have ended with a move above...
Read More »Bitcoin Price Analysis: Back Above $50K, But Facing Huge Resistance Now
Bitcoin is up by a solid 6% today as the primary cryptocurrency surged by over $3000 over the past 24 hours.Quick recap: bitcoin is recovering after a heavy correction over the past week, in which the cryptocurrency dropped by around 25% as it broke beneath the February ascending price channel (as shown on the daily chart below) and tumbled into the support around $43K – $44K.It managed to rebound nicely from there, breaking above a falling wedge, as we mentioned on Monday. After touching...
Read More »SEC Chair Nominee Gary Gensler Makes Pro-Crypto Comments at Confirmation Hearing
Ever since news emerged that Gary Gensler could be the new chairman of the SEC, crypto enthusiasts and analysts have praised this initiative as they see it as a big plus to the industry.During yesterday’s confirmation hearing for the post of the chairman of the Securities and Exchange Commission (SEC) Gary Gensler – the nominee for the position – said that “cryptocurrencies have been a catalyst for change.” He made this statement while responding to questions from members of the Senate on how...
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