Crypto news

COVID-19 and bitcoin’s face-melting rally above $20,000 are undoubtedly amongst the major events in 2020. And as it happens, the former has played a greatly significant role in the latter’s occurrence. Which, in turn, has clarified one thing. The 2017 rally was a result of retail FOMO and hysteria, while the ongoing 2020 bitcoin run is much more solid (due to institutional involvement). And could continue well into 2021.But with current BTC prices trending above $23,000, what’s the future...

UK’s Financial Conduct Authority (FCA) has informed that it will extend the registration time for existing cryptocurrency businesses. The regulator has set the new date to July 9, 2021.A New Deadline for Existing Crypto EstablishmentsThe “Temporary Registration Regime” will stretch the filing time by a few months – from the previously announced January 10, 2021, to July 9, 2021. According to the official FCA publication, the extension will affect already existing crypto establishments that...

The digital asset trading venue has reportedly doubled-down on its endeavors for its planned stock market listing. The US multinational investment bank Goldman Sachs, which has a somewhat controversial history with the cryptocurrency industry, will lead the preparations. CryptoPotato reported recently that the exchange had confidentially submitted a draft registration statement with the US Securities and Exchange Commission (SEC). By completing Form S-1, Coinbase completed the initial...

Bitcoin’s highly-volatile days continued with wild moves of almost $1,000 that took it from $23,300 to $22,400 and vice versa. Most large-cap altcoins have remained relatively calm, with Ethereum trading mostly around $650. Binance Coin, though, has increased by 5% and finally trading above $30.Bitcoin’s Price Sideways ActionAs reported recently, bitcoin initiated a massive bull-run following consolidation around $19,000 for a few days that resulted in breaking into uncharted territory above...

Happy about the increase in the price of Bitcoin? Share some of your wealth with the miners. Bitcoin’s transaction fees are rising at a frantic pace, following the bull run and the general optimism in the crypto markets.During the last week, Bitcoin’s prices spiked significantly, breaking the previous ATH and hovering above $23100. But transaction fees rose almost in line with Bitcoin’s prices.The price of Bitcoin during 2020. Image: CoingeckoBitcoin Fees Follow The PriceIn a matter of about...

This was the week the entire cryptocurrency community has been waiting for. Bitcoin finally broke $20,000, setting a fresh new all-time high. But it was far from being done yet.After breaching the coveted $20,000 mark, BTC went on a rampage, taking down one target after another. Before the run was finally calmed down, the primary cryptocurrency had taken for the sky and reached its current all-time high at around $23,800.However, this also drove a lot of fresh capital to the entire market....

SBI Financial Services – a company associated with Japanese monetary group SBI Holdings Inc. – has garnered ownership of the cryptocurrency trading enterprise B2C2 based in the United Kingdom.SBI Financial Services Now Owns B2C2SBI Financial Services is now set to become one of the first major financial firms to monitor and operate a cryptocurrency dealing desk, though the specific terms of the acquisition have not been divulged at the time of writing.In many ways, Japan has been a serious...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has added another $500 to its price and is now trading for well over $19,500. This is a new high for the currency considering the asset has spent the last few days traversing the doldrums.Bitcoin Surges By $500To be fair, the currency has done well for itself. It recently spiked beyond the $19,000 mark for the umpteenth time in the past few months and has remained there for a short period. However, this...

In January, the new Congress is set to take its place in the State Capitol. No doubt cryptocurrency will be on the to-do list for many members of the Continental Congress, but how far will they get when it comes to etching out correct legislation to get the country on the right track? Well, granted they all behave like Senator-elect Cynthia Lummis of Wyoming, perhaps we can potentially get a few things done.Lummis Is Looking to Make Crypto a Prime TopicLummis is a Republican from the Cowboy...

The last week saw the entire cryptocurrency market painted in green. Interestingly enough, Litecoin is the major altcoin that gained the most, with BTC following in second place. Unfortunately for XRP bulls, it failed to realize any substantial profits over the past seven days. BitcoinBitcoin saw an impressive growth over the past few days, resuming its long-term bullish trend with full speed. From around the $17,100 correction level, the leading cryptocurrency bounced back with roughly 25%...