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Nalezeno "Bitcoin news": 10932

Early Investors Hodl Post-Tesla-Bitcoin Buy As Analysts Debate Hedge 'Myth'

29.3.2021
Source: Adobe/Сергей Шиманович Over the past several days, prominent analysts have argued that more early investors are choosing to hodl bitcoin (BTC) at the moment, and that BTC is a measure of wealth, and while some say that it is a hedge against inflation, others call that narrative a myth....

Ukrainian Finance Minister Says Crypto Is ‘Promising’

29.3.2021
The new Ukrainian finance minister has spoken about the state’s plans to regulate the domestic crypto market, and claimed that although he has doubts about what is “backing” crypto, he feels it is “promising.” In an interview with 24 Novosty, the recently appointed minister, Serhiy Marchenko...

Bitcoin Consolidates, Ethereum Still Below USD 1,700

29.3.2021
Bitcoin price tested the USD 57,000 resistance zone before correcting lower. BTC is currently (05:30 UTC) stable near USD 55,000, with a major support near USD 54,200. It could rise once again unless there is a daily close below USD 53,200. Similarly, most major altcoins might start a fresh...

South Korea Crypto Scammers Targeting People in Their 50s & 60s

27.3.2021
Source: Adobe/jon_chica “Crypto” fraudsters in South Korea are increasingly preying on citizens in their fifties and sixties, a new report has found, with crypto-flavored multi-level marketing (MLM) schemes now running wild. Per EDaily, the regulatory Financial Supervisory Service (FSS) says there...

How Microsoft’s Identity Service on Bitcoin Gives You Control

26.3.2021
Source: Adobe/24K-Production Microsoft’s Decentralized Identity team has launched the first version of ION Decentralized Identifier (DID) network on the Bitcoin (BTC) blockchain to put more control into users' hands. But how does this matter to you and me? Let's first see what ION and DIDs are. ION...

Indonesian Govt To Launch Crypto Exchange to Get a Piece of Crypto Pie

26.3.2021
The Indonesian deputy minister of trade Jerry Sambuaga has announced that his ministry will launch its own crypto exchange in the near future. The initiative will allow the government to capture a share of the country’s booming crypto sector, with last year’s cryptoasset-related trade estimated...

New Zealand Pension Fund Provider NZ Funds Management Takes Bitcoin Leap

26.3.2021
The New Zealand-based NZ Funds Management-run KiwiSaver pension fund has sunk about 5% of its USD 245m holdings into bitcoin (BTC), claiming that the token will feature in more KiwiSaver plans in the future. The KiwiSaver program is government-endorsed, and both individuals and companies...

Upbit Operator May Follow Coinbase with Nasdaq IPO Bid – Analysts

26.3.2021
South Korean analysts claim that Dunamu, the operator of the crypto exchange Upbit, could be heading for an initial public offering (IPO) – and, possibly inspired by Coinbase’s own IPO bid, may choose to launch on America’s Nasdaq exchange rather than a domestic alternative. Per a report from...

Bitcoin Bulls Protect USD 50K, XRP Shows Positive Signs

26.3.2021
Bitcoin price extended its decline below the USD 52,000 support level. BTC even traded close to USD 50,000, where the bulls took a strong stand. It tested USD 50,400 and it is currently (05:30 UTC) recovering above USD 52,000. Besides, most major altcoins are showing signs of a steady increase....

Bithumb Adds Auto-trading Function

26.3.2021
The South Korean crypto trading platform Bithumb has launched an “auto-trading” service – after partnering with a firm that will allow customers to trade using automated bots. Per Hanguk Kyungjae, the trading platform, South Korea’s market-leader, has sealed a deal with a firm named Crom Innovation...

Crypto Inflows Decline, Bitcoin's Taproot Has A Date + More News

25.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investing news Average weekly asset inflows across all major digital asset investment product providers decreased by 70.5% since February to...

Coinbase Announced 'Business Presence' in India With New Local Hires

25.3.2021
US-headquarted major crypto exchange Coinbase is now hiring in India, amidst numerous speculations of a possible crypto re-ban in the country, and ahead of the company's direct listing. Coinbase said today that it's "establishing a business presence in India." Its plans for this...

Bitcoin Weighs Its Options: Bullish News vs Derivatives

25.3.2021
Bitcoin (BTC) is tanking on Thursday as multiple bullish news surface in the past 24 hours on the one hand, and on the other, a massive amount of options is about to expire, possibly repeating previous patterns seen this year. At 11:03 UTC, the world's number one crypto has dropped 6% in a day...

Potential Buyers Divided on the Wisdom of Spending Bitcoin on a Tesla

25.3.2021
The taxman “will be hovering with palms out” should American customers decide to take up Elon Musk’s offer of buying one of Tesla’s cars using bitcoin (BTC), observers have pointed out – with capital gains and income tax levies a possible deterrent for would-be crypto-paying customers. CNBC...

Bitcoin, Ethereum and Altcoins Recovery Unravels, Bears In Action

25.3.2021
Bitcoin price failed to settle above the USD 57,000 resistance, resulting in a strong decline. BTC broke many important supports near USD 55,000 to enter a bearish zone. It even broke the USD 53,000 support and it is currently (05:30 UTC) consolidating losses near USD 52,000. Similarly, most major...

Sales and Income Rocket at South Korea’s Biggest Crypto Exchanges

25.3.2021
South Korean crypto exchanges are having a bumper 2021, with sales and income figures rising through the roof at the nation’s two largest trading platforms. Per Herald Kyungjae, recently released data from Vidente, a minority shareholder in the market-leading Bithumb exchange, showed that...

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