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Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
7.1.2021
Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order, popular payment apps including...
The US Dollar’s Share of Global Reserve Currencies Drops as Japanese Yen’s Share Increases
5.1.2021
The U.S. dollar’s dominant position as the reserve currency of choice may be in peril, as its share of global currencies held in reserves continues to decline. International Monetary Fund (IMF) data shows, the dollar’s share of reserves dropped from 66% in Q3 of 2014 to just above...
UK Judge Rejects US Extradition Requests for Julian Assange, Wikileaks Holds $800K in Crypto
4.1.2021
On Monday, a British judge rejected the U.S. request to extradite the Australian editor, publisher, and activist Julian Assange. Following the U.K. judge’s decision, the current president of Mexico, Andres Manuel Lopez Obrador, has offered Assange political asylum in the country. Meanwhile...
Crypto Dollars and CBDCs: The Battle to Come
31.12.2020
The future of money will be a tussle between algorythmic and fiat-pegged stablecoins and central bank digital currency experiments
Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020
30.12.2020
The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets...
Bitcoin All-Time Price High Surpasses $28K, BTC’s Half Trillion Market Cap Now Bigger Than Visa
27.12.2020
Bitcoin markets have been seeing a lot of action this weekend, as the price of the crypto asset touched another all-time high (ATH) at $28,378 per coin. Toward the end of 2020, the cryptocurrency’s market capitalization has crossed a whopping half of a trillion U.S. dollars in value....
Bitcoin price blasts past $27K — BTC market cap now over half a trillion dollars
27.12.2020
Bitcoin price is showing no signs of slowing down during weekend trading with $30,000 in sight
Bitcoin Hits $500K on Russian Crypto Exchange After Hackers Take Control — Users Cry Exit Scam
26.12.2020
Cryptocurrency trading platform Livecoin claims that it has been hacked after the crypto community noticed the price of bitcoin shoot up to half a million dollars. Meanwhile, users are complaining that they cannot withdraw their funds, suspecting the exchange of pulling an exit scam. $500K...
Ethereum Price Regains Traction to Trade Above $600
23.12.2020
Ethereum trades above $600 and is outperforming the largest cryptocurrency, Bitcoin, in terms of maintaining its stance above $600 for over eight days now, with an intermittent pullback below $590 yesterday. Alongside, it was just yesterday when Bitcoin also corrected downwards to trade below $23k...
Zcash Price Pulls Back from Weekly Highs Below $70 to Trade at $65
22.12.2020
Zcash is seen booking loss with intraday downward corrections and is currently trading around the major support area at $65. With four consecutive bearish candlewicks on the hourly chart, ZEC price nosedived from $77 to 65 in just one day; wherein many alts have lost a specific amount from...
Bitcoin Price Falls to $22.8K After Registering ATH High Near $24k
22.12.2020
After crossing the previous ATH of $20k last week, Bitcoin has marked a tremendous price surge and recently recorded a new ATH around $24200. However, the recent pullback takes the BTC price around $22k. Still, the market sentiments remain bullish for the largest cryptocurrency. This is...
Bitcoin SV Price Lacks Momentum; Trades Below $200
21.12.2020
At the press time, BSV price was seen trading at $172.44 and is trading amongst the top 15 cryptos of the market. Although the market lacks momentum and Bitcoin SV is seen trading with a flattish momentum below $200 but is trading amongst the lucrative cryptos of the market. With stabilizing prices...
Litecoin Price Breaks Above $100 After Massive Consolidation
18.12.2020
Litecoin took over Bitcoin Cash and is now one of the top 5 cryptos of the global market as it trades above $100. However, LTC took over BCH even before the current, complete bullish crossover above $100 as the former’s market cap aced above the latter. Alongside, it has been over the past two days...
Bitcoin Fund Debuts on Canada’s Biggest Stock Exchange
17.12.2020
CI Global Asset Management has begun to trade on the Toronto Stock Exchange in Canada. The fund’s initial public offering managed to raise $72 million and units commenced trading in both U.S. dollars and Canadian dollars. CI Global Fund Begins Trading CI Global Asset Management has made...
Bitcoin Price Hits a Fresh ATH Above $22k; Reflects Real Spike
17.12.2020
Bitcoin trades above its previous ATH and hits a fresh one this time at $22.3k just before the closing of yesterday’s trading session, dated December 16, 2020. Currently, it is trading with slight correction but maintains its stance above $22k. Exactly after 3 year of consolidating in the lower...
Bitcoin Cash Price Trades Above $300 but Fails to Combat the Loss
17.12.2020
Bitcoin Cash slips from its position amongst the top 5 cryptos of the market after a drop in the previous week and is now in the 6th position ranked after Litecoin. BCH, after testing weekly supports around 200-day daily MA, it rose from trading around $255 to a candlewick rise as high as $299,...
Tezos Price Rises but Lacks Traction; Trades at $2.21
16.12.2020
Tezos, one of the top performers of the global cryptocurrency market, is seen trading with an intraday marginal gain after having tested 3-week support at $2.02, while currently trades at $2.22. The current trading price is not drawing a complete bullish crossover, and the bearish sentiment...
Crypto Founder Faces 10 Years in Prison Over Millions of Dollars in Exit Scam Without Paying Taxes
13.12.2020
A cryptocurrency founder has been arrested and is facing up to 10 years imprisonment for tax evasion after running an exit scam. He allegedly made millions of dollars from his cryptocurrency and used an elaborate scheme to avoid paying taxes. Crypto Founder Exit Scams, Caught for Tax Evasion...
Morgan Stanley Strategist: Bitcoin Rising to Replace US Dollar as World’s Reserve Currency
13.12.2020
Morgan Stanley’s global strategist has made a case that bitcoin is making progress towards replacing the U.S. dollar as the world’s reserve currency. “Do not assume that your traditional currencies are the only stores of value, or mediums of exchange, that people will ever...
Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in Monero
11.12.2020
A 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR). 19-Year-Old Ukrainian Politician Discloses Its Monero Holdings Rostislav...