BTC Price Down Below $18,000, Bitcoin Currently Trading at $17,690
An investment analyst at OKEx exchange Robbie Liu holds the explanation that the current loss of investors’ interest in the asset is linked to the psychological battle between retail investors and whales.Bitcoin, after grabbing headlines with its insane performance of getting near its previous...
Why this leading trader is hesitant to build a Bitcoin short position here
From a technical perspective, Bitcoin is bearish, according to many traders.On-chain trends, which show that miners and other large players have begun to liquidate their holds, have also begun to show that there is reason to believe Bitcoin may retrace.But multiple analysts have commented...
MassMutual Buys $100 Million Worth of Bitcoin (BTC) with Help of NYDIG
Insurance giant MassMutual notes that the latest Bitcoin purchase comes as part of the company’s plan to deliver long-term value to policy owners. NYDIG will facilitate the complete Bitcoin custody for MassMutual.Institutional investments continue to flow in Bitcoin (BTC) at an increasing rate. On...
ECB Boosts Emergency Bond-Buying Program by 37% to €1.85T Amid Pandemic Resurgence
The European Central Bank Thursday said it would boost the size of an emergency asset purchasing program and extend a bank loan program by a year as a resurgence in coronavirus cases takes a toll on the region’s economy.
The pandemic emergency purchase program...
First Mover: Bitcoin Stuck as ECB’s Lagarde Primes Extra €500B Stimulus
Bitcoin (BTC) was lower while staying mostly within this month’s range of roughly $18,200 to $19,700.
“Upward price action seems to stall, and our analysts believe more inertia is required to push bitcoin beyond the $20,000 psychology barrier,” Lennard Neo, head of research for the...
Ethereum Far Outpaces Bitcoin in Developer Activity in 2020: Electric Capital Report
The number of developers in crypto is ticking up again, according to the annual developer report from venture firm Electric Capital.
And one network remains a clear winner in terms of attractiveness to coders. “More than 300 new developers per month are joining Ethereum,” Maria...
Singapore’s DBS Bank to Launch Crypto Trading Platform Next Week
The massive attention that cryptocurrencies and blockchain technology have received in past months called the attention of DBS Bank.Singapore’s largest bank, DBS Bank, announced the arrival of crypto trading next week, with the integration of DBS Digital Exchange as a subsidiary of the bank....
Who Really Bought First Bitcoin Lamborghini
Perhaps Khaled’s “Bitcoin Lamborghini” title may not be his last as he may trend a new term if he buys another supercar amidst BTC recent surge.Lamborghini, a performance sports car, is a ‘holy grail’ for some cryptocurrency enthusiasts. Bitcoin‘s 2017 meteoric rise made early...
World’s First Ethereum ETF Goes Live on TSX
The Ethereum ETF is the first of its kind to be listed on a major stock exchange. It is backed by 3iQ with Gemini Custody Services managing the ETF. The Toronto Stock Exchange (TSX) on Thursday got its first Ethereum-based ETF. The fund, which made...
Officials and Civilians in Russia to Disclose Their Crypto Assets by June 31
Previously, the Russian government intended to outlaw any miners located in the Russian territory but it still remains an unresolved topic whether or not mining could be illegal.According to the Russian federal law regarding the possession of digital and financial assets (DFA), both government...
