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Bitcoin due to hit $90K 'in coming weeks' despite pullback — latest technical analysis
12.11.2021
It's a case of "if in doubt, zoom out" this week, as Bitcoin heads for a showdown with Taproot and ETF approvals
Bitcoin Miners See High Prices as 'Opportunity,' Become Sellers
12.11.2021
Bitcoin (BTC) miners have once again turned into net sellers of bitcoin, with miner inventories dropping to levels not seen since early September. However, miners aren’t necessarily turning bearish “en masse,” although some are looking to offload “excess inventory,” according to an analyst....
India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors
12.11.2021
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts the veracity of the number of Indian crypto investors...
Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats
12.11.2021
A correction continues for Bitcoin during Friday, but it may not be over yet, and analysts are far from worried
Bitcoin Shows Bearish Signs, Ethereum and Altcoins Lose Momentum
12.11.2021
Bitcoin price faced resistance near the USD 65,500 level. BTC started a fresh decline and traded below USD 65,000. It is currently (11:57 UTC) showing bearish signs near USD 64,000 and it might extend losses towards USD 62,000.
Besides, most major altcoins resumed a downward move. ETH failed...
The Majority of Game Developers Are Beginning to Include Blockchain in Their Games According to Study
12.11.2021
Most game developers in U.S. and U.K. are now using blockchain elements in their games, according to a study released this week. The study, commissioned by a company named Stratis, reveals that the popularity of blockchain, NFTs, and the new play-to-earn model in the crypto market is making game...
Bitcoin derivatives markets 'healthier' than in Q1, says research after fresh leverage shakeout
12.11.2021
A lot has changed in half a year among derivatives, and Bitcoin price gains are more sustainable as a result, new analysis reasons
Analysts: Lack of Trust in Nigerian Government an Impediment to CBDC’s Success Prospects
12.11.2021
While Nigerians have seemingly embraced the Central Bank of Nigeria (CBN)’s digital currency, skeptical analysts believe a lack of trust in the government will ultimately limit the e-naira’s prospects for success. Threat From Fintech Startups In addition, some analysts insist...
Why Is Bitcoin Proving a Winner with Online Bettors?
12.11.2021
Cryptocurrencies are moving into every section of our lives, from online shopping to investments. Users can now move money safely, securely, and swiftly between their accounts, paying for items and receiving payment for goods. It’s often a much quicker way for vendors to complete an exchange....
OVR Upgrades Its Token Economics
12.11.2021
OVR has decided to upgrade its token economics to make its own tokens more rare and valuable. Last May, the OVR team burned about 1 million OVR tokens to celebrate the first six months of the project. Now it is announcing an exciting decision to make token burn an integral part of its token...
Botswana Does Not Have Regulatory Framework for Crypto — Central Bank
12.11.2021
The Bank of Botswana (BOB) has said the country does not have a specific legal or regulatory framework pertaining to crypto assets. The bank does, however, warn residents investing in cryptocurrencies that they will have no legal recourse should they suffer financial losses. Central Bank Responding...
Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million
12.11.2021
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must...
Ken Griffin says Bitcoin will be replaced by Ethereum-based currency
12.11.2021
Generation X billionaire businessman Ken Griffith says he thinks the “passion is misplaced when it comes to cryptocurrencies”
Bitcoin Consolidates While Ethereum and Altcoins Inch Higher
12.11.2021
Bitcoin price declined below the USD 65,000 support level before there was a minor recovery. It is currently (04:20 UTC) trying to recover further and facing a major hurdle near USD 65,500.
Besides, most major altcoins are moving higher. ETH is gaining momentum and it could even surge above...
Miami will hand out free Bitcoin to residents from profits on city coin
12.11.2021
The race to establish America’s biggest crypto hub is intensifying, with Miami emerging as a front-runner by generating millions of dollars in yield from staking Miami Coin
Twitter Sets up Dedicated Team to Focus on Cryptocurrency and Decentralized Apps
12.11.2021
Twitter has set up a team to focus on “crypto, blockchains, and other decentralized technologies — including and going beyond cryptocurrencies.” Initially, the team will explore how it can “support the growing interest among creators to use decentralized apps to manage...
Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment
12.11.2021
As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those from stocks and bonds. The move is expected to increase trust and access to cryptocurrencies. Austria to Apply...
Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K
11.11.2021
Rising U.S. inflation and overblown fears about Evergrande contagion might be factors behind BTC’s recent pullback, but most analysts view the drop as a “necessary retest.”
Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings
11.11.2021
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists such...
Announcing the Launch of the Lao Crypto and DeFi Product – Welnance Finance
11.11.2021
PRESS RELEASE. Welnance, a DeFi protocol built on Binance Smart Chain, is set to launch the first Lao crypto and decentralized product on the 11th of November, 2021. Welnance is a decentralized financial platform that’s aimed at promoting financial freedom and choices for people around...