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Tag Archives: AA News

Indian Police Warns Against Dealing With Bitcoin And Other Cryptocurrencies

India remains one of the countries in the world with regulatory uncertainty when it comes to cryptocurrencies. While the Reserve Bank of India (RBI) has already clarified that digital assets are not illegal in the country, the Police department of Tamil Nadu has issued a fresh warning that the public should steer clear of cryptocurrencies.  Trade Cryptocurrency At “Your Own Risk”According to local news media, the Hindu, the Economic Offences Wing noted that they had received several...

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Bitcoin Price To Reach $40,000 Before Dow Jones Hits 40K, Tom Lee Says

Fundstar Global Advisors Managing Partner, Tom Lee, continued with his positive predictions regarding the price of the largest digital asset. In a recent interview, he said that Bitcoin will reach $40,000 before the popular stock market index, the Dow Jones Industrial Average (DJI), gets to 40,000.Bitcoin Price To $40,000Lee is among the most vocal Bitcoin proponents and has regularly made positive price predictions. Speaking on CNBC’s Power Lunch, Lee reiterated on the current bullish...

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Binance Adds Peer-to-Peer Trading For The Russian Ruble (RUB)

Binance, the world’s leading cryptocurrency exchange, adds peer-to-peer trading for the Russian Ruble (RUB). From today, traders will be able to transact with zero fees on the exchange’s P2P platform.Binance Adds P2P Support For The Russian RubleIn a press release shared with Cryptopotato, Binance, the world’s leading cryptocurrency exchange, announced that it will add peer-to-peer (P2P) trading for the Russian Ruble. Users will be able to transact with no fees on the exchange’s P2P platform...

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Stocks Take A Hit As UK Declares Coronavirus Imminent Threat, Bitcoin Price Looking Healthy

The coronavirus which started from Wuhan, China, earlier in January, shows no signs of slowing down. With over 910 people dead already, countries across the world are taking measures. The UK has officially declared it an “imminent” threat. Asian and European stocks continue to feel the pressure as they struggle into the weekly opening. At the same time, Bitcoin’s price dipped today, though most analysts are on par with it being nothing but a healthy correction after a notable...

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OKB Price Skyrockets Over 40% As OKEx Announces Test Net For Its DEX

In the headlines today, the OKB token’s price, the native coin on the OKEx trade platform, jumped up an impressive 40% as the company launched the test net of its new decentralized exchange.The buzz first started late last year when OKEx first announced plans for launching its proprietary blockchain known as OKChain in 2020, as well as its decentralized exchange, OKDEX. As of today, both the OKChain and OKEx’s test net have gone live.In turn, this has lead to the jaw-dropping increase in...

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BitGO Expands Cryptocurrency Services To Europe, Adds Regulated Custody

The American digital asset trust and security company, BitGo, expands its services to Europe. The company is opening two new custodial entities in Switzerland and Germany.BitGo Goes To EuropeReported earlier today, the popular U.S.-based digital asset management company is expanding its presence in Europe. With two new custodial entities in Germany and Switzerland, BitGo will offer institutional investors digital asset financial services in Europe, as well.According to BitGo CEO, Mike Belshe,...

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Bitcoin Price Dips Over $500 As Latest CME Gap Gets Filled

Bitcoin’s positive price movement continued over the weekend, and it surpassed the coveted $10,000. Today, however, the largest cryptocurrency recorded a notable drop of over $500 in a few hours, which also filled the CME closing gap from Friday.Bitcoin Drops With $500Bitcoin has been on quite the run lately. For the first time since October last year, it went above $10,000. However, the price of the largest digital asset took a serious dive of over $500 in just a few hours.The dip aligned...

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Crypto Ban Strikes Again: The Popular Mailing Service MailChimp Bans CryptoPotato’s Account

Our 20,000 newsletter subscribers may have wondered why they hadn’t received the weekly market update email, as they do on every Friday of the past four years. Unfortunately, CryptoPotato’s mail-service account on MailChimp had been forced closed without prior notice.In a surprising email for the popular email automation platform, they stated:“Our automated abuse prevention system, Omnivore, reviewed your account with the username CryptoPotato. It detected content or actions which either...

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VanEck Report: Holding 3% Bitcoin In Your Portfolio Improves Performance Substantially

VanEck, New York-based investment management company, recently published a report regarding Bitcoin and its role in the market. By outlining the digital asset’s benefits, the paper showcases its potential to serve as an investment instrument and as a store of value.Even 1% Bitcoin Can Raise The PortfolioFounded in 1955, VanEck is a global investment firm that offers investment options in ETFs, Mutual Fund Management, hard assets, precious metals, and more. Recently, the company published a...

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Bitcoin Price Surpasses $10,000 For The First Time Since October 2019: Those Are The Next Possible Targets (Analysis & Overview)

Three days ago, we had written here that “those are likely to be the last days of Bitcoin below the legendary price of $10,000.” A few hours ago, we finally saw Bitcoin breaking above the legendary 5-digits number boundary.As mentioned in our most recent price analysis, the momentum is bullish, very bullish. Looking at the price action over the past ten days, we can see Bitcoin reaching to the local high of $9600 and correcting down to $9075, which was exactly the 38.2% Fib level.From there,...

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