Crypto news

Bitcoin has proved itself to be a supreme store-of-value in this pandemic-ridden world. But can the world’s first cryptocurrency flip the US Dollar to become the ‘global reserve currency’?The US Dollar Has Been The Global Reserve Currency For 100 Years NowRuchir Sharma, Morgan Stanley Investment Management’s chief global strategist, went candid in his latest opinion piece on Financial Times. He talked about the ‘reserve currency’ history starting right from the 1400s.And delineated how in the...

As of late, bitcoin appears to be getting the most attention out of all the world’s many cryptocurrencies. The asset has shot up to about $19,000, and many are eager to see if $20,000 is right around the corner. Amidst all the hype and hoopla, however, it appears we’ve forgotten about some of the world’s smaller competitors. Assets such as Ethereum, which according to Frank Holmes – chief executive and chief investment officer at U.S. Global Investors – is going to experience a huge bull run...

MicroStrategy is the institutional player of the year. Despite purchasing more than $400 million in bitcoin over the past few months, the company is clearly not done. In a recent statement, the company issued plans to raise an additional $400 million in the coming future to potentially purchase even more units of the world’s number one digital currency by market cap.MicroStrategy Wants Even More BitcoinThe firm has developed a solid thirst for bitcoin that initially began in August. At the...

ETH-USD: Ethereum Trapped In A TriangleKey Resistance Levels: $600, 625, $650Key Support Levels: $530, $494, $450ETH/USD. Source: TradingViewEthereum marked a daily 7% drop to $530 (today’s low) following the latest decline in Bitcoin’s price. However, just last Bitcoin, the second-largest cryptocurrency, had also seen a brief rebound of roughly 5%. Despite the recent plunge, the longer-term trend is still bullish.In the mid-term, as can be seen in the above 4-hours chart, Ethereum is...

Niall Ferguson is an author and the developer of a television series known as “The Ascent of Money.” In a recent interview, he comments why bitcoin is such a huge asset right now and why it’s arguably the best asset to have once the coronavirus pandemic is over.Niall Ferguson: Bitcoin Is the World’s Top AssetFerguson mentions:I’m going to go with bitcoin. It has had a stellar year, up 165 percent year to date. It’s now above $19,000. If, at the beginning of the year, you had said, ‘The...

Der Twitter CEO Jack Dorsey bekennt sich in seinem Twitter Profil prominent zu Bitcoin! Square, die Payment-Firma von Twitter CEO Jack Dorsey hat die Bitcoin Clean Energy Investment Initiative erschaffen. Diese Initiative soll das ganze Bitcoin-Ökosystem grüner und effizienter machen. Wir glauben, dass digitale Währungen wie Bitcoin irgendwann vollständig mit sauberer Energie...

The major UK financial institution Standard Chartered has partnered with Northern Trust on the launch of their mutual cryptocurrency-related project Zodia.Launching a Cryptocurrency Custody Business for Institutional InvestorsAccording to an official press release, the innovation and ventures unit of Standard Chartered, SC Ventures, has formed a partnership with Northern Trust – a Chicago-based financial services company and one of the oldest and largest banking institutions in the United...

Samsung Pay ab sofort auch für Prepaid- und Kreditkarten von PostFinance verfügbar Lange hat sich die Post gegen die US-Bezahldienste gewehrt. Nun kommt also doch die Kehrtwende. Im Verlaufe des Jahres 2021 wird Postfinance Samsung Pay und Apple Pay aufschalten. Zuerst Apple Pay, jetzt Samsung Pay Bereits letzte Woche hat Postfinance angekündigt, nächstes Jahr Apple Pay für...

Bitcoin was dabbling with the $19,000 level for several days but, after another unsuccessful attempt to break above it, headed south and plummeted by $1,000 in 24 hours. Recent data indicated a significant uptick of BTC transferred from cold wallets to exchanges, implying that the price drop could have been somewhat expected.$278M Of BTC Moved To Exchanges Prior The DropAfter a predominantly calm weekend in which BTC displayed an untypical absence of high fluctuations, the cryptocurrency...

Tron price started a strong decline after it failed to clear the $0.0320 resistance against the US Dollar.TRX price is now trading below the $0.0300 level and the 55 simple moving average (4-hours).There was a break below a key contracting triangle with support near $0.0300 on the 4-hours chart (data feed via Bitfinex).The pair could accelerate lower if there is a clear break below $0.0275 and $0.0270.TRON price is gaining bearish momentum below $0.0300 against the US Dollar, similar to...