The Gibraltar Stock Exchange (GSX) is permitting users to trade cryptocurrencies like bitcoin and Dogecoin alongside standard government bonds. Gibraltar Has Some Big BTC Plans Gibraltar is a tiny region owned by Britain. Housing just over 33,000 people, it is a small territory to say the least, yet it boasts an economy worth more than 2.4 billion pounds at the time of writing. Gibraltar is also overseen by a team of roughly 82 regulators, meaning the area’s finances are...
Read More »The Biggest Bitcoin Stories of 2021
2021 is just about to leave us, so let’s look back at some of the biggest bitcoin stories to occur over the past 12 months. Bitcoin and Its Price The bitcoin price has come quite far in 2021. While the currency has slid down somewhat and is presently trading for just over $51,000, the currency shot up to a new high of approximately $68,000 per unit as recently as November. The asset has managed to retain a five-figure price throughout the year, despite facing heavy...
Read More »ALT 5 and Bank Line Will Offer Crypto Services to Banking Clients
Global fintech and blockchain company ALT 5 Sigma Inc. is partnering with a financial institution known as Bank Line to provide what can only be described as crypto-based brokerage services. Bank Line and ALT 5 Join Hands Over Crypto Bank Line is a crypto-friendly banking platform that provides a list of all financial institutions in the United States, the European Union, the United Kingdom, and Central and South America that willingly offer crypto services to their...
Read More »RadioShack Is Entering the Crypto Space with a New Token and a Trading Platform
RadioShack – the out-of-business electronics superstore that we all used to go to for the latest remote-controlled vehicles and other trinkets – has rebranded itself and is now entering the cryptocurrency market. It’s first order of business will be to establish a whole new digital currency trading platform for users to enjoy, suggesting that crypto has indeed crossed into mainstream territory once and for all. RadioShack Has Its Sights Set On Crypto It’s amazing to see...
Read More »The BBB WGA Is Opening the Door to More Crypto Donations
The BBB Wise Giving Alliance (BBB WGA) is in the business of verifying charities to make sure they are legitimate and valid. The platform has now permitted all the charities it works with to accept donations in more than 50 separate digital currencies and tokens. All charitable donations will be powered by a firm known as The Giving Block. The BBB WGA and The Giving Block Are Working Together The idea of giving cryptocurrency as a charity donation has grown heavily in...
Read More »EOS Price Analysis: Risk of Sharp Decline Below $3
EOS price started a fresh decline from the $3.50 zone against the US Dollar. The price is now trading below $3.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $3.15 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend losses if there is a proper close below the $3.00 support. EOS price is showing bearish signs below $3.20 against the US Dollar, similar to bitcoin. The...
Read More »Litecoin (LTC) Price Analysis: Bears In Control Below $150
Litecoin price is facing resistance near the $150 zone against the US Dollar. LTC price is now trading below $150 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $156 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $140 support zone. Litecoin price is consolidating above $140 against the US Dollar, similar to bitcoin. LTC price...
Read More »Elon Musk: Doge Is Better Than BTC Because It Doesn’t Just Empower Rich People
Elon Musk has come out in support of Dogecoin once again. This time, he’s saying it’s superior to bitcoin primarily because all the latter has done is give power to new rich people. Elon Musk On Why He Supports Doge Musk has long been a proponent of Dogecoin. He has referred to it as the “people’s coin” and at one point, was in line to become the newest CEO of the asset. This later turned out to be internet fluff, though it sure had investors going. In a recent...
Read More »Mike Novogratz: BTC Doesn’t Use That Much Energy
Mike Novogratz – the CEO of Galaxy Digital Holdings Ltd. – says that bitcoin doesn’t consume nearly as much energy as everyone seems to think it does. Mike Novogratz Discusses How Much Energy BTC Really Uses Energy consumption has been a big topic in the world of bitcoin and cryptocurrency over the past year or so. Environmentalists everywhere seem to believe that mining crypto is somehow going to destroy the planet or render it unusable in some way. Even big names in...
Read More »Christine Parlour Discusses How Investors in Crypto Can Stay Safe
Christine A. Parlour is the Sylvan C. Coleman chair at UC Berkeley’s Haas School of Business. She has taught investing courses for years and has recently introduced crypto into some of her courses to help students better understand this risky yet growing industry. Christine Parlour Discusses the Crypto Market In a recent interview, Parlour offered some thoughts on the significance of crypto and how it can potentially change the world of finance. She says: Over time, as...
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