Tag Archives: News

Ruffer Investment Management – a fund manager based in the United Kingdom – has a little bet going on bitcoin. The company has noticed how stellar the currency has been doing as of late, and it’s found a fun and unique way of cashing in on the action. Executives have placed a bet worth approximately 550 million pounds on BTC at the time of writing, as they believe the asset is likely to strike some major chords in the coming weeks and months.Ruffer Management Sees Bitcoin as a Serious...

Bitcoin has done it. The currency has shot beyond the $20,000 per unit mark, and the asset is now bigger than it has ever been in its short, yet stellar history.The Bitcoin Price Has Surged to a New LevelThe currency is presently trading for more than $20,700. That’s a surge of approximately $1,200 from 24 hours ago, and many analysts are relishing the idea that the currency has followed their predictions. Many thought $20K could be achieved before the year was over, and it looks like they...

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...

Bitcoin cash price started a fresh increase above the $280 resistance against the US Dollar.The price surged towards the $330 resistance and settled well above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $302 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise as long as it is above the $300 support zone in the near term.Bitcoin cash price started a strong increase above $300 against the US...

Bitcoin has always been supported by the Winklevoss Twins. Both Cameron and Tyler have made serious names for themselves in the crypto world by becoming some of the globe’s first crypto billionaires and by establishing their own digital currency exchange in New York known as Gemini. It was one of the first companies to garner a BitLicense, thereby establishing its ability to delve in crypto services in the Big Apple.The Winklevoss Twins Have Always Had BTC’s BackNow, the Winklevoss Twins have...

Today, you can rent a home. You can also rent a car. However, it also looks like bitcoin is rentable thanks to a new startup based in London and Barcelona, Spain known as Nebus.Nebus Wants to Borrow Your Crypto for Cash PaymentsTo an extent, the idea of crypto renting is not all that new. There are many cryptocurrency exchanges and trading platforms that allow users to lend their crypto to a pool or stash that is used as collateral for a loan that someone has taken out.These crypto stashes...

It looks like the amount of bitcoin being held on digital exchanges is beginning to fall to record lows. The world’s number one cryptocurrency by market cap has shot past the $19,000 mark again, and it appears people are beginning to sell. Thus far, the amount of bitcoin held on exchanges has fallen by more than 20 percent this year.Bitcoin Is Being Sold OffThe currency, despite doing well at the time of writing, has encountered a few ups and downs in the last few weeks, experiencing a couple...

EOS started a strong increase above the $2.700 resistance zone against the US Dollar.The price is currently trading above the $3.000 resistance level and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move higher as long as it is above the $2.800 support zone.EOS price started a fresh increase above the $2.700 and $2.800 levels...