Bitcoin, for the most part, has been on a serious spike as of late, but according to analysts from JPMorgan, the boost of the world’s number one digital currency by market cap is hurting gold.Bitcoin May Be Causing Harm to GoldIn a way, this makes total sense. For one thing, bitcoin appears to do well whenever there is chaos occurring in standard financial markets. We saw this throughout 2020, which was faced with harsh economic problems thanks to the growing coronavirus pandemic. The U.S....
Read More »Singapore’s DBS Bank to Launch Crypto Trading Platform Next Week
The massive attention that cryptocurrencies and blockchain technology have received in past months called the attention of DBS Bank.Singapore’s largest bank, DBS Bank, announced the arrival of crypto trading next week, with the integration of DBS Digital Exchange as a subsidiary of the bank. According to a recent press release, the platform will work with blockchain technology – offering assets tokenization and cryptocurrency trading.The exchange services include the tokenization of assets...
Read More »Bitcoin Loses $1,000 Off Its Price; Drops to Low $18,000 Range
The price of bitcoin has taken a nasty fall. At the time of writing, the currency has dropped by roughly $1,000 in the past 48 hours, bringing the price of the world’s number one cryptocurrency by market cap down to around $18,200. This is about five percent less than where it stood previously.Bitcoin Is Heading to the GutterIt appears the cryptocurrency space is being attacked from all sides as it’s not just bitcoin that has taken a nasty stumble. Additional currencies such as Ethereum,...
Read More »L’ADAN, Association pour le Développement des Actifs Numériques, réagit à l’ordonnance « crypto » du gouvernement
Dans un communiqué publié sur son site Internet, l’ADAN, Association pour le Développement des Actifs Numériques, a réagi aujourd’hui à l’ordonnance durcissant les dispositifs de lutte contre le blanchiment et le financement du terrorisme pour les prestataires de service sur actifs numériques : Sur la forme, cette ordonnance consacre à nouveau l’amalgame entre les actifs numériques et le financement du terrorisme. Or, si les actifs...
Read More »Who Really Bought First Bitcoin Lamborghini
Perhaps Khaled’s “Bitcoin Lamborghini” title may not be his last as he may trend a new term if he buys another supercar amidst BTC recent surge.Lamborghini, a performance sports car, is a ‘holy grail’ for some cryptocurrency enthusiasts. Bitcoin‘s 2017 meteoric rise made early adopters a fortune, with some taking their profits-and celebrating- to buy ultra-expensive supercars, specifically Lamborghinis. Their $200k+ purchases cemented their status as “bitcoin legends” and set in motion a new...
Read More »The Bank That Called Bitcoin a Ponzi, Has Now Launched A Crypto Exchange For Institutional Investors
A few months following the soft-launch of the DBS Digital Exchange, the Singaporean multinational banking and financial services corporation announced the release of its digital asset trading venue. In addition, the investment holding company Singapore Exchange has announced it will take a 10% stake in the platform.DBS Digital Assets Officially AnnouncedCryptoPotato reported in late October that DBS Bank has successfully trialed its trading venue enabling institutional investors to access...
Read More »Bitcoin Price Analysis: Will BTC Close The CME Gap Soon And Retest $17,000?
Bitcoin bears have successfully taken back control of the asset this week and are now trying to secure a daily close beneath the $18K for the first time since this month. The global crypto market capital has been steadily declining over the last seven days and is now back below $540 billion.Right now, the leading crypto is tiptoeing on the edge of the $1,300 CME gap which sits just $25 below the current price and extends all the way down to $16,995. In order to fill this gap, bitcoin’s price...
Read More »EOS Price Analysis: More Downsides Likely Below $2.7
EOS started a strong decline below the $3.000 support zone against the US Dollar.The price is currently trading below the $2.900 pivot level and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $2.840 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move down as long as it is below the $2.850 and $2.900 resistance levels.EOS price is facing a lot of hurdles on the upside near $2.900 against the...
Read More »#1032 Alexander Vinnik Strafe, Silk Road Darknet Kinofilm & Klimafreundliches Bitcoin Mining
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1032. Im heutigen Video geht’s um folgende Themen: Alexander Vinnik Gefängnisstrafe, Silk Road Darknet Kinofilm 2021 & Square Klimafreundliches Bitcoin Mining. 1.) Alexander Vinnik Gefängnisstrafehttps://www.btc-echo.de/schlagzeilen/alexander-vinnik-wird-zu-fuenf-jahren-haft-verurteilt/ 2.) Movie based on darknet market Silk Road premiering in...
Read More »Waiting For The Next Move: Bitcoin Recovers Following The $2,000 Crash (Market Watch)
Following the steep price drop of nearly $2,000, bitcoin bounced off the $17,600 bottom and has risen above $18,000 again. Most alternative coins have also recovered some of the losses, and the market cap has added about $20 billion since yesterday.Bitcoin Reclaims $18,000After the relatively calm weekend bitcoin had where it dabbled with the $19,000 price tag, the cryptocurrency experienced a significant drop yesterday. BTC went from a high of $19,300 to $18,000 before continuing south to...
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