North America’s first Bitcoin exchange-traded fund (ETF) has seen impressive results on its first two days of trading, following its recent approval by Canada’s securities regulatory body.Purpose Bitcoin ETF started on a flying note shortly after it began trading on Thursday (Feb. 18, 2021) under the ticker symbol “BTCC” on the Toronto Stock Exchange (TSX).Following its TSX debut, the fund has already accumulated $421 million in assets within the first two days of trading.According to...
Read More »Enquête sur les freins à l’adoption des cryptomonnaies
Dans le cadre de son master, Malika Rachidi réalise une enquête sur les freins à l’adoption des cryptomonnaies. Les résultats de ce travail seront publiés sur bitcoin.fr. « Cette enquête est anonyme et prend un peu moins de 10 minutes. Par précaution, veuillez prévoir ces 10 minutes de temps afin que vos réponses soient réfléchies et correspondent précisément à votre perspective. Il en va de la...
Read More »South Korea Imposes 20% Crypto Tax and New Cryptocurrency Regulations
Crypto tax regimes have generally drawn criticism from South Korean crypto enthusiasts who believe the imposed taxes are heavier on cryptocurrency trading when compared with stock investment.Authorities in South Korea are set to implement a 20% crypto tax on all profits made through crypto transactions from January 1, 2022. This is according to a report by the Korean Herald that stated that the country’s Ministry of Economy and Finance announced that crypto transactions would, henceforth, be...
Read More »Bitcoin Illiquidity Could Cause Further Problems, Claim JP Morgan Strategists
JPMorgan strategists have supported the narrative that Bitcoin is in a liquidity crisis. However, instead of highlighting it as a potential catalyst for further price increases, they warned that the asset could experience a sharp price drop just as quickly. The primary cryptocurrency reached yet another record during the weekend with a new all-time high of $58,400 (on Bitstamp). However, the price corrected somewhat sharply, and BTC lost over $4,000 of value in a matter of hours and dipped to...
Read More »Le bitcoin […] rappelle que la confiance dans la monnaie n’est pas immuable
« Tandis que Christine Lagarde, la présidente de la BCE, et Janet Yellen, ex-présidente de la Fed et actuelle secrétaire au Trésor américain, s’inquiètent de l’utilisation des cryptomonnaies pour le financement d’activités criminelles, le gouverneur de la banque de France, François Villeroy de Galhau, ironise sur la frénésie qui s’est emparée des acheteurs. « Les arbres ne montent jamais au ciel », fait-il valoir dans une interview...
Read More »Stellar Lumen (XLM) Price Could Correct To $0.40, Upsides Capped
Stellar lumen price failed to settle above $0.5500 and corrected lower against the US Dollar.XLM price is now trading well below $0.5200 and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $0.5000 on the 4-hours chart (data feed via Kraken).The pair could continue to move down towards the $0.4400 and $0.4200 support levels.Stellar lumen price is correcting gains below $0.5000 against the US Dollar, while bitcoin remains strong. XLM...
Read More »Ethereum Reaches New Price Peak, Leading to Further Interest from Nvidia
Bitcoin may be hogging all the spotlight as of late, but we cannot discount some of the smaller competing altcoins that also call the crypto space home. One of those altcoins is Ethereum, the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, Ethereum has hit a new all-time high of more than $1,900 per unit, and the asset appears to be on a serious roll.Ethereum Has Surged Like No Other CoinBitcoin doing well is typically good news...
Read More »Bitcoin Broke $58K To New All-Time High: Updated Price Analysis & Next Targets
Bitcoin surged by a solid $2,500 so far today, gaining almost 5% in value. This allowed the cryptocurrency to break resistance at $56K, surpassing $58K to set a new all-time high.The primary cryptocurrency had been trading within an ascending price channel for the entire month of February. On Friday, Bitcoin had surged by 8.5% as it broke past the previous resistance at $52,365 to smash the upper boundary of the marked price channel, reaching the resistance level at $56,112 (1.414 Fib...
Read More »Bill Gates Doesn’t Seem to Think Much of BTC in a New Interview
Bitcoin is doing extremely well as of late, but that’s not changing the minds of certain financial firms and individuals. Among today’s bitcoin doubters is Bill Gates, the software mogul known for creating Microsoft programs.Bill Gates Thinks the World Doesn’t Need BTCIn a recent tweet, Gates puts on an attitude of indifference towards bitcoin, the world’s number one cryptocurrency by market cap. The message reads:I don’t own bitcoin. I’m not short bitcoin, so I’ve taken a neutral view. I do...
Read More »JPMorgan Still Has Attitude of Gloom and Doom Towards BTC
Bitcoin has been doing extremely well as of late, but that’s not stopping financial giants from viewing it in a bad light. One of those doubters is JPMorgan, who recently claimed in a new report that bitcoin was never going to hit $40,000 again. The world’s number one digital currency by market cap ultimately proved the company wrong and is trading for more than $52,000 per unit at the time of writing.JPMorgan Thinks Things Will Go Wrong with BTCNow, JPMorgan has issued a statement claiming...
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