At the time of writing, the price of bitcoin has shot back up somewhat to over $34,000. This isn’t as strong or as high as it was during the early portions of the month, but it’s refreshing to see that the world’s number one digital currency by market cap is potentially back on track and returning to form.Bitcoin Has Been Getting Newfound AttentionWhile it’s too early to tell if bitcoin can return to its recent all-time high of more than $40,000, many affluent investors have had no choice but...
Read More »Bitnomics Review of the Latest Shifts in Bitcoin Value: Is BTC/USD Ready for New Highs?
After peaking at its all-time highs at $42,000 on January 8, Bitcoin entered a consolidation phase where the cryptocurrency appears to be trading in a symmetrical triangle.BTC/USD fell to 30,000 on January 11, but then it bounced back and, currently, the crypto asset is trading in a range between 34,000 and 40,000. The movement seems to be motivated by a dollar’s recovery from near three-year lows.BTC/USD daily chartA government-powered rally for BitcoinOn US election day, each Bitcoin was...
Read More »Swiss Blockchain Federation bietet Orientierung bei der Einführung der Registerwertrechten
Swiss Blockchain Federation Per 1. Februar 2021 treten die wertpapierrechtlichen Bestimmungen der neuen DLT-Regulierung in Kraft. In einem Rundschreiben bietet die Swiss Blockchain Federation Orientierung bei der Einführung der Registerwertrechte. Mit heutigem Datum tritt ein erster Teil der Schweizer Regulierung der Distributed Ledger Technology (DLT) in Kraft. Dieser erste...
Read More »SEBA Bank is issuing its Series B equity as security Tokens
SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy to use bridge between digital and traditional assets, today announced it is issuing its Series B equity to its shareholders as security tokens on the Blockchain. With this industry-leading capability, SEBA Bank is now able to offer a new standard of security, efficiency and flexibility in Digital Corporate Finance and Asset Tokenization capabilities. SEBA Bank is actively engaging with a range of...
Read More »Max Keiser: WallStreetBets (WSB) Should Focus Exclusively on Bitcoin
In the recent week, arguably the most talked-about Reddit group, WallStreetBets (WSB), has taken it up to large Wall Street hedge funds. Their latest initiative resulted in pushing silver to an 8-year high.As the price of the precious metal surges, popular TV host and Bitcoin proponent Max Keiser connected their rebellion with Bitcoin as both aim to find an exploit in a corrupt financial system.WSB Short Squeeze On SilverA Reddit group with millions of quickly rising subscribers made the news...
Read More »BitMEX Appoints Former Bank Of China CCO As Non-Executive Board Director
The restructuring within the BTC derivatives exchange BitMEX continues with the addition of Wai Kin Chim as an Independent Non-Executive Board Director of 100x Group. Additionally, the former Chief Credit Officer (CCO) at the Bank of China and the company’s recently appointed CEO will join the board of directors as of February 1st.Former Bank of China Exec Heads Over BitMEXAccording to a recent BitMEX statement, the appointment of Chim aims to enhance the company’s initiatives on...
Read More »Bitcoin’s Active Addresses Record ATH On January: Broke The Previous 2017 High
January 2021 will remain in crypto history with multiple bitcoin records, including ATHs for the BTC price, hash rate, and mining difficulty. Moreover, recent data indicated that the number of unique addresses transacting on the network had also surpassed the previous record from three years ago.Bitcoin’s Activity Sees An ATH RecordAccording to data from the analytics company Glassnode, the number of unique addresses on the Bitcoin network that either sent or received coins had charted a...
Read More »Gene Simmons Lists Bitcoin, Ethereum, Litecoin, XRP, Dogecoin among His Investments
From Gene Simmons’ list of digital assets, both XRP and Dogecoin have been involved in tremendous gains in the past few days mostly fueled by the WallStreetBets speculation frenzy.American musician, entrepreneur, and television personality Gene Simmons has listed some of his digital assets that he has chosen to include in his investment portfolio. According to tweets from his page, Simmons has invested in Bitcoin, Ethereum, Litecoin, Dogecoin and XRP.I’m not recommending any of this to...
Read More »Elon Musk Endorses Bitcoin, Makes Bold Prediction on Its Future
Speaking about Bitcoin, Elon Musk stated that the asset “is really on the verge of getting broad acceptance by sort of the conventional finance people.”On a Sunday Clubhouse chat, the world’s richest man Elon Musk talked about everything from the exploration of Mars, Gamestop shorting, monkey brain implants to Bitcoin, and his mentions of Dogecoin. On Dogecoin, the billionaire admitted he was always joking, but on Bitcoin, he believes this is a good thing.Just days after Tesla CEO Elon Musk...
Read More »Stellar Lumen (XLM) Price Could Revisit $0.40 If It Clears $0.35
Stellar lumen price is facing a few important hurdles near $0.3400 and $0.3500 against the US Dollar.XLM price is holding gains above the $0.3000 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.3460 on the 4-hours chart (data feed via Kraken).The pair could start a strong upward move if there is a clear break above the $0.3400 and $0.3500 resistance levels.Stellar lumen price is showing positive signs above $0.30000...
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