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Toddler Earns 6,500% Profit as Bitcoin Crosses $62,000
18.10.2021
Bitcoin has yet again proved why it is the top cryptocurrency. Recently, the crypto surged above 62,000 dollars amid the SEC’s speculations to release a US Bitcoin ETF. Ethereum, the second-largest crypto, also reached 3,885 dollars recently. The incident delighted every crypto investor while...
Bitcoin (BTC) Closes the Gap; Clears Road to $100,000
15.10.2021
Bitcoin has maintained its prominence with the advantage of being the first cryptocurrency to survive in the decadence of transformation battling market gains by other recently launched currencies. At this hour, BTC is valued more than the other nine cryptocurrencies in the top ten list. Market...
Bitcoin Futures ETFs Spared From Impending Deadline by SEC
15.10.2021
The US-based exchange-traded fund or ETF for Bitcoin will start its trading operations despite the deadline for the applications to the Securities and Exchange Commission (SEC) being close. As experts have commented in unison, this will be a turning point for the crypto sector. Anonymous sources...
Road to $100,000? Bitcoin Heads Towards $60,000
11.10.2021
Bitcoin is the most popular choice of seasoned crypto investors because of its consistent returns and capability to threaten the dominance of fiat currencies. After a steady fall from decent highs, Bitcoin has once again emerged as a strong cryptocurrency with a lot of sentiment still pushing...
Bitcoin Is Single Digit % Away From Its Recent High of $52K
6.10.2021
There is a reason for Bitcoin to become the leader and be considered a strong indicator of the sentiment across the entire cryptocurrency domain. After collapsing in a free fall selling pressure in September 2021, marking a 25% loss in a matter of three weeks, it was considered that BTC would...
Bitcoin (BTC) Rallying Again; Takes Support From $40,000
1.10.2021
The Bitcoin movement was mostly mum for the entire month of September, but we are witnessing a phenomenal return of buying sentiment on the first day of October. 200 DMA active at $45,212 has been breached and should ideally work as a support level in case of any fallback or sudden profit booking. ...
Bitcoin Takes Support From the Moving Average of 100 Days
23.9.2021
Bitcoin is among the least volatile cryptocurrency as compared to others and gives an unsaid level of confidence. While others rely on their technology, upgrades, and upscaling abilities, BTC has become a digital gold with consistently higher values despite carrying no substantial weightage. In...
Hold or Sell? Bitcoin Breaches Important Supports
20.9.2021
Bitcoin was consistently taking support from its 200 DMA curve and attempting a fresh high in each swing. However, after the September 07 fall, the sentiment attached with Bitcoin has turned into a profit booking mode. This shift in sentiment adds to the already existing selling pressure,...
BTC Reflects a Strong Buying Action at $44000. What’s Next?
14.9.2021
Bitcoin has been a boon for the crypto industry as it has remained firm in its protocol and visions since its inception. Rising from under $1 to the first crypto to cross the $50,000 mark, the way it has rallied in the past few years has been a complete shock for those who termed BTC …
Bitcoin Crashes After El Salvador Declares Bitcoin as Legal Tender
8.9.2021
With El Salvador becoming the first country in the world to accept Bitcoin as a legal currency, speculation is rife that other countries, particularly Latin American ones, may follow suit. Yesterday, El Salvador became the first ever country to accept Bitcoin as an official currency. The trial...
Pundits Rage about ‘Skewed’ New York Times Crypto-DeFi Front Page
6.9.2021
An article published on the front page of the New York Times (NYT) has claimed that a “boom in companies offering cryptocurrency loans and high-yield deposit accounts” is “disrupting the banking industry” and has left regulators “scrambling to catch up.” But it is an article that has already...
Bitcoin Rallies Towards USD 52K, Ethereum Consolidates, Altcoins In Uptrend
6.9.2021
Bitcoin price remained well bid and it started a fresh increase above the USD 50,000 resistance. BTC gained nearly 4% and it even broke USD 51,500. It is currently (03:35 UTC) consolidating gains below the USD 52,000 resistance zone.
Besides, most major altcoins are also rising. ETH is holding...
Chinese Banks Bolster Digital Yuan Resources Prior to CBDC Debut
4.9.2021
Major Chinese banks are beefing up their digital yuan capacities ahead of the imminent launch of the nation’s central bank digital currency (CBDC).
Per the Securities Daily (via East Money), a number of the commercial banks that have already begun working with the central People’s Bank of China...
IRS Sends Undercover Agent to Bust Criminals on Crypto Marketplace
3.9.2021
The US Internal Revenue Service (IRS) is going to great lengths to track down criminals who use cryptocurrencies in dark web drug sales, deploying an undercover agent to work on peer-to-peer (P2P) marketplace LocalCryptos.com.
The platform presents itself as a P2P bitcoin (BTC) and ethereum (ETH)...
New Crypto Investors, Funds, Products + More News
3.9.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
One in six surveyed Australians now own cryptocurrency, with the value of their holdings totalling USD 8bn, according...
Will Bitcoin (BTC) Sustain the Price Level of $50k
3.9.2021
Old is gold, and Bitcoin is considered gold among all cryptocurrencies. With strong support at $44000 and $46000, one has to take a minimal risk to scale further uptrend in this cryptocurrency. Bitcoin hasn’t had any new developments on fundamental levels, but being considered digital gold...
Swiss Bank Drops Crypto Asset Service Amid U-Turn On Innovation
3.9.2021
In an unexpected turn of events, Switzerland’s Basler Kantonalbank (BKB) has announced it shut down its cryptoasset-focused project in a bid to focus on other sectors set out in its strategy for the years 2022 to 2025. BKB has also decided to close its fintech subsidiary Keen Innovation which...
Surveys: Most of El Salvador Public Is Opposed to Bitcoin Adoption Law
3.9.2021
Source: A video screenshot, Youtube, La Prensa Gráfica Noticias de El Salvador
Two new surveys have found that the overwhelming majority of Salvadorians are opposed to the bitcoin (BTC) adoption law, which is due to promulgate on September 7 after it was published in the Official Gazette earlier...
Bitcoin and Ethereum Remain Supported, SOL Flips DOGE
3.9.2021
Bitcoin price extended its increase above the USD 50,000 zone. However, the bulls failed to gain strength above USD 50,250 and BTC corrected lower. It is currently (05:23 UTC) consolidating gains and it might attempt a fresh break above USD 50,000.
Besides, most major altcoins are showing positive...
More US Crypto Investors To Hodl Than Eye Short-Term Profit
2.9.2021
Some 48% of surveyed US consumers declare they have invested in cryptoassets during the first half of 2021. Among those who have already bought crypto, 58% view it as a long-term investment, potentially supporting lower market volatility, while 43% plan to sell their crypto to make a short-term...