Litecoin price started a sharp downside correction from the $250 resistance against the US Dollar. LTC price is now trading well below $200 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $188 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $190 and $200 resistance level for more upsides in the near term. Litecoin price is consolidating losses below $200 against the...
Read More »Coinbase Decentralization Claim Draws Fury From its Customers
In a blog post on Feb. 25 titled “Coinbase is a decentralized company, with no headquarters”, CEO Brian Armstrong stated that the firm has moved to a ‘remote first environment’.No HQ = Decentralized?He added that 52% of their employees have joined the company in a ‘post-office world’ and 95% of them have the option to work from home. Originally based in San Francisco, many company employees have dispersed across the globe since the beginning of 2020.“It has helped us attract top talent. One...
Read More »Bank of Korea Head Says Cryptocurrencies Have No Intrinsic Value
The head of the Bank of Korea, Lee Ju-yeol, said that Bitcoin and other major cryptocurrencies lack intrinsic value. However, he believes that all assets will continue to experience significant price fluctuations.Price Surge Because of Pro-BTC Institutional Investors?The chief of the Bank of Korea said cryptocurrencies, including Bitcoin, do not possess inherent value. In a recent news report, Lee Ju-yeol blasted the highly volatile nature of the digital asset industry.“There is no intrinsic...
Read More »Erste Schweizer Full-Service-Agentur akzeptiert Bitcoin als Zahlungsmittel
GLA United akzeptiert als erste Schweizer Full-Service-Agentur Bitcoin Zahlungen und setzt mit einer exklusiven Bitcoin-Aktion ein Zeichen. GLA United akzeptiert als erste Schweizer Full-Service-Agentur Bitcoin Zahlungen und setzt mit einer exklusiven Bitcoin-Aktion ein Zeichen. Zusätzlich unterstützt die Agentur Unternehmen dabei, Kryptowährungen als Zahlungsmittel zu akzeptieren. Die Agentur GLA United mit Sitz in Zug, London und...
Read More »What is Dogecoin (DOGE)? 5 Facts About the Crypto That Started as a Joke
Dogecoin has been around since late 2013, starting as a joke initially. The coin has been designed to be a satirical homage to Bitcoin. Besides being a joke and meme coin, Dogecoin wasn’t intended to serve any other purpose. Yet, you can use it to transfer value.5 Interesting Facts About DogecoinHere’s a list of five interesting facts about Dogecoin:Dogecoin started as a joke created by Jackson Palmer and Billy Marcus in November 2013. Marcus recently claimed that he sold all of his DOGE in...
Read More »JPMorgan: Fintech, Not BTC, Is the True Coronavirus Hero
Bitcoin has been doing extremely well for the past nine months. The currency really came to fruition during the initial time of the coronavirus pandemic, and it has been on a serious roll ever since, recently striking a new high of roughly $56,000 per unit. However, despite all the glitz and glam the currency has been attaining, financial giant JPMorgan believes that it’s fintech and not bitcoin or crypto that has garnered true recognition during the time of COVID....
Read More »Former London Stock Exchange Group CEO Urges UK Government to Explore Cryptocurrencies
The former CEO of the London Stock Exchange Group, Xavier Rolet, has advised the UK government to look into cryptocurrencies and SPACs to minimize the adverse impact of Brexit. In a recent report, Rolet claimed that the UK has trailed behind other countries in both aspects.The UK Should Turn To Crypto And SPACs?Born in France, Rolet is a businessman and the Chief Executive Officer of the London-based credit-focused asset management firm CQS. Before assuming this position, though, he served as...
Read More »Meltem Demirors: Bitcoin Is a Question of When, Not If
Meltem Demirors – chief strategy officer at digital asset investment firm Coin Shares – stated in a recent interview that all those who are quickly investing in bitcoin are late to the crypto party. Meltem Demirors: You Needed to Invest in BTC Yesterday During a discussion with CNBC, Demirors commented that one of the primary reasons many have not invested in bitcoin is likely due to regulatory hurdles that may allegedly appear in the coming future. However, she is...
Read More »Bordier & Cie SCmA to offer cryptocurrencies to their customers via Sygnum’s all-in-one B2B banking platform
Sygnum granted capital markets services (CMS) licence for asset management in Singapore Bordier & Cie SCmA, a leading Swiss private bank founded in 1844, has expanded its offering to include cryptocurrencies by incorporating Sygnum’s B2B banking platform. This partnership enables Bordier’s clients to invest today in the digital asset economy with complete trust, and lays the foundation for a broader offering of regulated digital asset...
Read More »Craig Wright Sues Bitcoin Developers Over Stolen BTC Worth $5 Billion
The self-proclaimed Satoshi Nakamoto, Craig Wright, has filed yet another lawsuit within the cryptocurrency industry. This time, he has targeted the developers of BTC, BCH, BSV, and BCH ABC requesting that they retrieve access to BTC stolen from his personal computer worth about $5 billion.CSW Sues BTC Developers Because he was HackedWright has publicly claimed that he is the person behind the Bitcoin network for years – Satoshi Nakamoto. This narrative, which lacks any conclusive evidence,...
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