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Bitcoin at USD 50K 'in Sight' As There's 'Room to Run Higher' Before Correction
8.1.2021
Bitcoin (BTC) is hitting one all-time high after another, today passing over USD 41,700 but what might come next? Per many insiders, BTC still has room to go higher before a more substantial correction happens.
BTC has gone up 10% in a day and 42% in a week to a price of USD 41,738 on Friday...
Pension Funds Getting Set to Board Bitcoin Bandwagon, Say Insiders
8.1.2021
The American digital asset investment giant Grayscale has suggested that pensions and endowments providers are clambering aboard the crypto gravy train – an opinion shared by an increasing number of financial industry specialists.
The firm’s new CEO Michael Sonnenshein said, per Bloomberg,
“We’ve...
Gaming Firm Outbids Rival in Battle for Control of Bithumb – Report
8.1.2021
The deal to acquire a controlling stake in Bithumb, South Korea’s market-leading crypto exchange, is not yet done – with another gaming giant wading into what could develop into a bidding war for the trading platform.
Per ZDNet Korea, NCSoft, a South Korean video game developer known for...
As BTC Continues to Soar Finland Wants to Cash in on Bitcoins Seized in 2016
8.1.2021
Finland’s customs officials have revealed plans to sell 1,981 bitcoins that were seized mainly in connection with drug trafficking-related criminal investigations. The majority of the confiscated bitcoins (1,666) are from the Douppikauppa case, the darknet operator who was arrested in 2016....
The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow
8.1.2021
From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current...
Bitcoin and Altcoins Correct Lower, Dips Remain Attractive
8.1.2021
There were additional gains in bitcoin price above the USD 38,500 resistance. BTC even broke USD 40,000, traded to a new all-time high near USD 40,400 before correcting lower. It traded towards the USD 36,500 support and it is currently (05:00 UTC) recovering above USD 38,000.
Similarly, there...
New Online System at Mt. Gox May Be Used to Facilitate Bitcoin Refunds to Creditors, Says Trustee
8.1.2021
Mt. Gox’s trustee, Nobuaki Kobayashi, has asked creditors of the defunct crypto exchange to register on a new online system so that they might receive their refunds and be able to vote on the civil rehabilitation plan. ● In a statement released Jan. 7, Kobayashi said the registration...
South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million
8.1.2021
Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman...
A Conversation with One of Bitcoin Cash’s Most Prolific Developers
8.1.2021
Calin Culianu is the #1 contributor to the Electron Cash project. Also, he contributes to BCHN, and has created the Fulcrum server. Definitely a Bitcoin Cash hero in my book. I picked his brain a bit about all things Bitcoin Cash, and got some juicy answers. Calin likes to talk, so let’s...
Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’
7.1.2021
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting...
Third Major South Korean Bank to Enter Crypto Custody Fray
7.1.2021
More mainstream South Korean financial companies are taking the crypto plunge, with Shinhan Bank, one of the biggest commercial banks in the country, making a move into the crypto custody industry with a strategic equity investment in the Korea Digital Asset Trust (KDAC).
The KDAC is...
Hackers Are Using Three Fake Crypto-Related Apps to Drain Wallets
7.1.2021
While bitcoin (BTC) prices are increasing, crypto-related scams appear on the scene to take advantage of the situation. In this case, a security firm spotted three malicious crypto apps targeting users to steal their funds. Three Bogus Crypto Trading and Poker Apps Are Infected With Dangerous...
BTC Reaches a Whopping $40,000, Industry Exec Says ‘Bitcoin Rises in the Eye of a Perfect Storm’
7.1.2021
The price of bitcoin has astonished the masses once again surpassing $40,000 per coin across crypto exchanges worldwide. With well over $28 billion in global trade volume, the leading crypto asset’s overall market valuation is now a whopping $728 billion in value. Bitcoin’s Value Soars...
US Dollar Crashes To USD 40,000 per Bitcoin
7.1.2021
Source: Adobe/Fox_Dsign
It took 17 days for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 20,000 to USD 30,000, and less than a week to hit USD 40,000.
At the time of writing (18:16 UTC) it reached this level on multiple exchanges, such as Binance, Bitstamp, and HitBTC.
After...
Bitcoin Overtakes Ethereum, BNB Valuation, BitMEX Completes Verification + More news
7.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoptions news
Bitcoin (BTC) has outperformed Ethereum (ETH) in terms of the daily transferred value, reaching USD 14.58bn per day, compared...
Mark Cuban’s Bitcoin Plan: Run for President if BTC Hits $1 Million, Free Satoshis for Every Citizen
7.1.2021
Billionaire Shark Tank investor Mark Cuban has shared his idea of what he will do when the price of bitcoin hits $1 million. Cuban says he will run for president but only if some bitcoins are donated to the Treasury so that every citizen receives some satoshis each year he is in office. He will...
Bitcoin News Roundup for Jan. 7, 2021
7.1.2021
With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup
Bitcoin News Roundup for Jan. 7, 2021
7.1.2021
With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup
Stratis Brings Blockchain as a Service to All Businesses via its C# Native Platform
7.1.2021
PRESS RELEASE. 7th January 2021, London, United Kingdom – Stratis was created for a simple purpose – to provide enterprises with blockchain as a service (BaaS) solutions, designed to implement complex blockchain architecture within mainstream coding languages, used by everyday companies...
Bitcoin Price Leaps Over $38,600- Analyst Says BTC’s Parabolic Move ‘Highly Abnormal’
7.1.2021
Digital currency markets continue to see strong gains, as the overall market valuation of the crypto economy has jumped $32 billion over the $1 trillion market cap after hitting the record number for the first time. Moreover, the price of bitcoin touched yet another all-time high on Thursday...