Bank of Japan’s Year-long Digital Yen Pilot Begins this Spring
22.2.2021
The central Bank of Japan (BoJ) is set to launch a pilot for a digital yen this Spring, although the central bank is still a long way from making up its mind on whether it will push ahead with issuance.
Per NHK, the BoJ appears to be aware that China, which is already committed to launching its...
Did $50K 'trigger' Peter Schiff to buy BTC? 5 Things to watch in Bitcoin this week
22.2.2021
As Bitcoin wobbles following a spurt to above $58,000, concerns mount about the depth of a possible inbound correction
Tesla made $1B profit on its Bitcoin buy, says analyst
22.2.2021
Tesla is about to make more money from its Bitcoin investments than profits from selling its electric vehicle cars in all of 2020, an analyst at Wedbush Securities said
Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
22.2.2021
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia...
Bitcoin, Ethereum and Altcoins Correct Gains, XRP Rallies
22.2.2021
Bitcoin price remained strong and it extended its rally above USD 58,000. BTC even traded to yet another all-time high near USD 58,641 (per Coingecko.com) before it started a downside correction. It is currently (05:00 UTC) trading below USD 57,000, with key supports at USD 55,000 and...
CyberFi – An Intelligent Trading and Automation Platform for DeFi
22.2.2021
While the decentralized finance (DeFi) space is not new, it has experienced massive growth to surpass $37 billion. Consequently, the sector attracted a lot of attention, which, in turn, led to the unearthing of multiple deficiencies that the industry has. As a result, many projects have been...
Bitcoin Hashrate Hits 180 Exahash, Mining Difficulty Climbs Higher, Pools Jump by 35%
22.2.2021
The price of bitcoin has climbed to phenomenal heights during the last few weeks and this has fueled the crypto asset’s mining sector a great deal. Despite the fact that the Bitcoin network’s mining difficulty has never been higher at 21.72 trillion, the hashrate has climbed to...
Skybridge Capital Founder Predicts $100K Bitcoin Price This Year Due to ‘Heavy Demand’ and Diminishing Supply
22.2.2021
The founder of asset management firm Skybridge Capital, Anthony Scaramucci, has predicted that the price of bitcoin will reach $100,000 before the year-end simply due to supply and demand. “You don’t have a lot of supply out there and very heavy demand,” he said. His firm...
DEX goals diverge as SushiSwap (SUSHI) and Uniswap (UNI) rally to new highs
22.2.2021
The goals and development of SushiSwap and Uniswap are diverging as each exchange’s governance token reaches new all-time highs
‘Big Short’ Investor Michael Burry Warns Governments Could ‘Squash’ Bitcoin
22.2.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned that governments could “squash” bitcoin in an inflationary crisis. Expecting more massive stimulus from the government, he said to “prepare for inflation.” Michael Burry Shares...
Here’s how multi-leg options allow traders to profit from $2K Ethereum price
21.2.2021
Using multi-leg options can give traders a less risky way to invest in Ethereum price as it pushes above $2,000
Bitcoin pizza all over again — delivery driver reportedly cashes in on $400 BTC tip
21.2.2021
"I let the pizza guy choose between $5 in fiat or BTC. Needless to say, he chose wisely," said the Redditor