Bitcoin (BTC)

Although bitcoin reclaimed the $18,000 mark at first, the asset failed to sustain its run and has dipped below it. Most alternative coins have suffered in the past 24 hours as well, as Ethereum has dived beneath $550.Bitcoin Falls Below $18KBitcoin has suffered in the past several days. Following the relatively calm weekend when it traded around $19,000, the asset nosedived to $17,650 a few days later.The cryptocurrency bounced off initially from that low and took back the $18,000 level. In...

Bitcoin cash price started a fresh decline from well above the $280 support against the US Dollar.The price is now trading below the $270 level and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $268 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more losses if there is a break below the $254 support zone.Bitcoin cash price is facing an increase in selling below $280 against the US...

« Alors, quelle nouvelle réglementation peut-on bien annoncer aujourd’hui ? Il s’agirait d’être innovant au moins sur ce point-là, afin de respecter les us ! Il faut dire que nous avons déjà été précurseurs en la matière : en 2014, déjà, nous taxions les bitcoins avant même d’avoir défini ce qu’ils étaient […]. Cette fois-ci, il s’agira, d’ici six mois, d’obliger les plateformes françaises...

It looks like Bit Pay – a bitcoin and crypto payments company – is looking to establish its own bank. Recently, the company filed paperwork with the U.S. Office of the Comptroller of the Currency (OCC) to establish the Bit Pay National Trust Bank.Will Bit Pay Soon Have Its Own Bank?To be fair, this won’t be the first time that crypto and standard banking services – should the paperwork be approved – are fused together. News first came several months ago that many banks had received the...

Founded in 1851, The Massachusetts Mutual Life Insurance Company is a US-based mutual firm with over five million clients. The Springfield, Massachusetts-headquartered giant is the latest traditional financial company that has allocated sizeable portions in the primary cryptocurrency.The Wall Street Journal reported earlier today that the insurance company had purchased $100 million in bitcoin for its general investment account.MassMutual employed the services of the New York-based fund...

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....

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...

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,...

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...

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...