Wed Nov 27 9:36 PM

New York’s Quontic Becomes First US Bank to Offer a Bitcoin Rewards Debit Card

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New York-based Quontic Bank has become the first FDIC-insured financial institution to launch a bitcoin rewards checking program. Announced Tuesday, the program includes a bitcoin rewards debit card (1.5% back), mobile app, access to ATMs, and mobile payments options like Google Pay and Apple Pay.  The...

Why Bitcoin on-chain analyst pinpoints $18.5k to $19.5k as “no trading zone”

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The Bitcoin price (BTC) is hovering under $19,500 again as whales in Asia continue to sell aggressively. On-chain analysts say that the $18,500 to $19,500 is a “no trading zone” until whale inflows subside.Ki Young Ju, the CEO of CryptoQuant, said:“For me, 18.5k-19.5k is...

Why Bitcoin escaping $18.5k to $19.5k “no trading zone” is highly optimistic

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The Bitcoin price (BTC) has achieved $20,800 across major exchanges despite whales in Asia selling aggressively. On-chain analysts said that the $18,500 to $19,500 was a “no trading zone” until whale inflows subside.Ki Young Ju, the CEO of CryptoQuant, said:“For me, 18.5k-19.5k is no...

Bitcoin Rally Drives Record Volume on AAX Exchange

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Growing demand for BTC corresponds with evidence suggesting that it is no longer traded only by tech-savvy early adopters.The evidence that bitcoin is in the early stages of another bull cycle is mounting. While the most obvious metric, price, attests to this, data from...

Crypto Businesses in UK Facing ‘Temporary Registration Regime’

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Cryptocurrency companies in the United Kingdom could face temporary registration limits to continue their services.According to the statement, this regulation applies to crypto businesses in the UK that applied for the registration before December 16 this year, and are still pending. “This is to...

Bitcoin Price Breaks $20,000 Barrier for the First Time in History

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Bitcoin price has just hit $20,000 for the first time ever as investor popularity continues to surge for the world’s most highly-demanded cryptocurrency.The price of Bitcoin has surged past the $20,000 barrier for the first time in its history, according to the CoinMarketCap website....

DeFi on Bitcoin Gets a Boost as Sovryn Launches on RSK Sidechain

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A new project built on the Bitcoin sidechain RSK is gunning to advance decentralized finance (DeFi) on Bitcoin’s ecosystem. Sovryn, a self-billed “decentralized platform for trading and lending Bitcoin,” launched today with $2.1 million at its back – a symbolic number representing Bitcoin’s total supply....

Bitcoin May Have Hit Wall of Profit Takers Around $19,500: Analyst

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Bitcoin’s ascent above $19,500 was cut short early on Tuesday, possibly due to profit taking by large Asia-based investors, according to one analyst. The top cryptocurrency fell from $19,555 to $19,035, with most of the drop unfolding during the two hours to 06:00 UTC, according...

First Mover: Reminiscing on Pre-Pandemic Bitcoin as Rally Stalls

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Bitcoin (BTC) was rising for a fourth straight day, though in a repeat of last week’s action the cryptocurrency struggled to push above $20,000 after its months-long rally from a low around $5,000 in March.  “The level of $20,000, which is commonly equated with bitcoin’s...

JPMorgan Discusses $600B in Potential New Bitcoin Demand

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MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS. This episode...