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Elon Musk Sees 'Broad Acceptance' For Bitcoin
1.2.2021
Elon Musk. Source: A video screenshot, Youtube, Bloomberg.
Bitcoin (BTC) is on the verge of getting a broad acceptance by the "conventional finance people," the world's richest person, Tesla's Elon Musk said during an interview on Clubhouse, an invitation-only audio-chat social networking...
Bitcoin, Ethereum, and Altcoins Consolidate While XRP Pumps
1.2.2021
Bitcoin price seems to be facing a strong resistance near the USD 34,000 and USD 35,000 levels. BTC is currently (05:00 UTC) trading well below USD 34,000, but holding a few important supports near USD 32,500 and USD 32,200. As long as there is no daily close below USD 32,000, there are chances...
Bitcoin subreddit hits 2M subscribers following GameStop controversy
1.2.2021
More than 200,000 Redditors joined the page last week
Crypto Exchanges Break Under Heavy Traffic Showing Need For 'Wider On-Ramps'
29.1.2021
Major crypto exchanges once again experienced multiple technical issues today as bitcoin (BTC) trading volume almost doubled today, surpassing USD 95bn, and dogecoin (DOGE) rallied in triple digits.
According to the most recent announcements:
Coinbase and Coinbase Pro said (17:09 UTC) that...
MicroStrategy to Buy More Bitcoin, Crypto Adoption Signs, Zero-Fee Trading + More News
29.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
US-based business intelligence company MicroStrategy CEO Michael Saylor said the company will keep buying bitcoin (BTC), telling...
Bitcoin News Roundup for Jan. 29, 2021
29.1.2021
With BTC shooting back up above $37K and a look into the aftermath of the GameStop moment, CoinDesk’s Market Daily is back with the latest news roundup
Robinhood Now Limits Crypto Trading Too
29.1.2021
Popular trading app Robinhood confirmed that it is now limiting crypto trading due to "extraordinary market conditions."
"Due to extraordinary market conditions, we’ve temporarily turned off Instant buying power for crypto. Customers can still use settled funds to buy crypto,"...
Retail Investors Flock to Coinbase While It's Preparing For a Direct Listing
29.1.2021
Source: Instagram, Coinbase
As popular trading platform Robinhood run into troubles, retail investors who are looking for new ways to trade, seem to have set their eyes on the US-based crypto exchange Coinbase, while the company is preparing for a direct listing.
There is now a reason to believe...
World's Richest Person, Tesla's Elon Musk Sends Bitcoin Sign, BTC Up 11%
29.1.2021
Elon Musk's Twitter profile today.
Tesla mastermind Elon Musk has sent the crypto world into a fresh frenzy with his latest Twitter activity – adding bitcoin (BTC) to his profile, and making a comment that scores of dogecoin (DOGE) advocates have taken as a ringing approval of the token. But...
Visa Wants to Work with Exchanges, Wallets on ‘Digital Gold’ Bitcoin
29.1.2021
Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME
The CEO of payments giant Visa has stated that the firm wants to “work with wallets and exchanges” on handling crypto, in order to make its own card solutions interoperable with digital tokens – and has called bitcoin (BTC)...
Bitcoin Runs Into Resistance, DOGE Surges, Altcoins Gain Momentum
29.1.2021
Bitcoin price started a fresh increase after it broke the USD 32,400 and USD 33,000 levels. BTC even broke the USD 33,500 resistance and spiked above USD 34,000. However, it failed to clear the key USD 34,500 resistance and it is currently (05:00 UTC) correcting gains.
More importantly, DOGE...
South Korean Bank Shinhan Seals Crypto Custody Deal with BitGo
29.1.2021
The South Korean banking giant Shinhan is looking to take its fast-expanding crypto operations global – after striking a deal with American major crypto custody player BitGo.
Per EDaily, the deal pertains to crypto custody – a deal that also involves the South Korean crypto firm the Korea Digital...
Fair Banking Delayed, Nuclear-powered Bitcoin Mining + More News
28.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
The US Office of the Comptroller of the Currency (OCC) said it has paused publication of its rule to ensure large banks provide...
Robinhood Picks the Rich Side as Crypto Enters Its 'Netscape Moment'
28.1.2021
In the midst of a major battle between Wall Street professionals and retail traders from the r/WallStreetBets subreddit, investing app Robinhood has suspended Gamestop (GME) and some other stocks buying today, citing the concerns of “significant market volatility.” The action has prompted...
Bitcoin News Roundup for Jan. 28, 2021
28.1.2021
With digital-market traders taking GameStop’s stock gyrations as a moment for self-reflection, CoinDesk’s Market Daily is back with the latest news roundup
Bridgewater's Ray Dalio Sends Stronger Bitcoin Signal
28.1.2021
Ray Dalio: A video screenshot, Youtube/Financial Observer
After admitting that he might be wrong about bitcoin (BTC) and suggesting that BTC may be a good asset for one to diversify their investment portfolio, Ray Dalio, American billionaire investor and founder of major global investment firm...
Bitcoin Holds Steady Above USD 30K, Ethereum and Altcoins Gain Traction
28.1.2021
Bitcoin price is stable above USD 30,500 and USD 31,000. BTC is currently (13:00 UTC) attempting an upside break above USD 31,800 and USD 32,000. A close above USD 32,000 could open the doors for a larger increase in the coming sessions.
Besides, most major altcoins are showing signs of a fresh...
Crypto Fans 'LOL' At BIS GM Claims that Bitcoin 'May Break Down'
28.1.2021
The crypto community has reacted with incredulity after a senior Mexican economist and the boss of the Bank for International Settlements (BIS) appeared to dismiss the notion of decentralized digital currencies such as bitcoin (BTC).
In a recent speech, Agustín Carstens, the General Manager of...
Bitcoin and Altcoins Respond To Key Uptrend Support
28.1.2021
Bitcoin price declined further below USD 30,000, but the bulls prevented heavy losses below USD 29,200. BTC started a steady recovery above USD 30,000 and USD 30,500. It is currently (13:00 UTC) trading above USD 31,000 and the bulls seem to be aiming for a test of USD 32,000.
Similarly, most major...
South Korean Lawmaker Wants To Criminalize Crypto Market Manipulation
28.1.2021
A South Korean MP has announced the creation of a draft private members’ bill that seeks to criminalize crypto market manipulation.
Per News1, the measure is the brainchild of the opposition People Power Party MP Lee Ju-hwan, who has criticized architects of the existing legal framework for being...