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177-Year-Old Swiss Bank Bordier to Offer Bitcoin and Other Crypto Trading Services
26.2.2021
A 177-year-old bank in Switzerland has enabled cryptocurrency trading within its services, with expectations to expand. Bordier & Cie SCmA added bitcoin and other cryptos to its list of services by partnering with a well-known domestic crypto player. Bordier Customers Can Also Buy and Hold...
Bitcoin Sets New Weekly Low, Ethereum and Altcoins Hold Key Support
26.2.2021
Bitcoin price gained bearish momentum below the USD 48,000 support. BTC even broke the USD 45,000 support, but it remained stable above the USD 44,000 level. It is currently (12:30 UTC) recovering and it might revisit the USD 48,000 resistance zone.
Besides, most major altcoins tested key support....
‘Sustained institutional buying’ will hold Bitcoin above $50K: CrossTower
23.2.2021
New research from CrossTower argues institutional buyers will hold BTC prices above $50,000
Bitcoin price must now hold above these levels to break $60K
20.2.2021
It's important for Bitcoin to hold above $50,000 for more upside
Bitcoin and Ethereum Hold Gains, BNB Flips Tether and Tests USD 250
19.2.2021
Bitcoin price started a short-term downside correction from the USD 52,750 all-time high. BTC declined below USD 52,000 and USD 51,500. However, the bulls were active and the price is currently (05:00 UTC) trading well above the USD 50,500 support zone.
Besides, there were mostly positive moves...
Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern
17.2.2021
A new poll of finance managers by Gartner Finance finds that a majority are not planning to hold bitcoin as a corporate asset. In their responses, most of the 77 finance leaders interviewed cite bitcoin’s volatility as one characteristic of the crypto asset that is “extremely difficult...
Paypal to Expand Its Crypto Services Offering to the UK
15.2.2021
Paypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for Paypal’s U.K. customers in “a number of months.” Results With the Paypal...
Bitcoin goes mainstream as institutions hold 3% of BTC’s circulating supply
14.2.2021
The growing appetite of institutional investors means companies now hold more than 460,000 BTC, which is 3% of the total supply in circulation
Bitcoin’s Rapid Increase Should Compel Crypto Investors to Own Gold, Says Top Miner
13.2.2021
Sandeep Biswas, chief executive officer of Newcrest Mining, one of the world’s biggest gold miners, has said that the sharp increase in bitcoin prices should compel crypto investors to hold gold as a safe-haven asset. In a Feb. 11 interview with Bloomberg TV, Biswas criticized bitcoin’s...
Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC
12.2.2021
The U.S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury....
Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services
12.2.2021
The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. The bank aims to eventually treat cryptocurrencies like any other assets. BNY Mellon...
Nigeria’s SEC Puts Plans to Regulate Crypto on Hold in Light of Central Bank Ban
12.2.2021
Nigeria’s Securities and Exchange Commission (SEC) announced Thursday it has put plans to regulate cryptocurrencies on hold
Apple Well Positioned to Offer Crypto Trading — Analyst Says Company Should Hold Bitcoin in Treasury
11.2.2021
Apple Inc. is well position to offer cryptocurrency trading, according to an analyst with global investment bank RBC Capital Markets. Not only will Apple gain instant market share in the crypto space, but the move could also generate the Iphone maker well over $40 billion in annual revenue....
Analysts Expect Flood of Companies to Follow Tesla and Hold Bitcoin —Twitter Already Considering
11.2.2021
Following Tesla’s move to invest $1.5 billion in bitcoin, analysts are predicting that a flood of other companies will follow suit. Mad Money’s Jim Cramer thinks that all companies should put bitcoin in their balance sheets, and Twitter reveals that it is already looking into doing...
ECB President Christine Lagarde Says ‘It’s out of the Question’ That Central Banks Would Hold Bitcoin
11.2.2021
The president of the European Central Bank (ECB), Christine Lagarde, has clarified whether central banks will start holding bitcoin now that a growing number of companies, like Tesla, are embracing the cryptocurrency. Lagarde remains skeptical about bitcoin, having recently said it “has...
Bitcoin and Ethereum Hold Key Support, Altcoins Surge
8.2.2021
Bitcoin price started a downside correction from well above USD 40,000. BTC declined below the USD 39,200 support level, but it was well bid above USD 37,500. It is currently (05:00 UTC) trading above USD 38,000, but it is facing hurdles near USD 39,200.
Similarly, ethereum corrected more than...
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
6.2.2021
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought...
Analysis Shows Bitcoin Whales Are Stockpiling, but ‘BTC Ownership Is Not Highly Concentrated’
4.2.2021
During the last few months, a few reports from mainstream media (MSM) outlets tried to prove that a large sum of bitcoin is controlled by a small group of people. Recently, Bloomberg claimed that “2% of accounts control 95% of all bitcoin,” a claim that doesn’t hold weight...
NYDIG Expects to Hold $25B in Bitcoin for Institutional Clients This Year
3.2.2021
CEO Stevens said NYDIG's institutional order books are looking bullish for the year
I Wish My Switch Would Still Hold A Charge
3.2.2021
The Switch was the first Nintendo console I ever bought at launch. Almost four years later, it’s clearly seen better days, which I wouldn’t mind if it could survive out of the dock for more than a couple days at a time.Read more