Why Bitcoin traders pinpoint $17,000 as the next logical bottom
The Bitcoin price has been declining throughout the past four days. Ever since its rejection at $19,420 on December 7, the dominant cryptocurrency has struggled to see renewed momentum.For most traders, the $18,500 and $18,000 support levels were key to hold BTC’s short-term bullish...
Curacao Introduces Strict Control Rules for Online Casinos
A major requirement of the reform package is the creation of a transparent and legal online casino sector.
While Denmark has announced a new licensing phase, Curacao has begun reforming its online gambling sector. This is the subject of a letter from Raymond Knops, Deputy...
Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked
Bitcoin is holding just above $18,000 but analysts are mixed on where it will head, DeFi’s total value locked looks to have momentum but that might have to do with crypto market conditions.
Bitcoin (BTC) trading around $18,355 as of 21:00 UTC (4 p.m. ET)....
Paxos on Verge of Becoming Regulated Bank in US
The NYDFS has always been a fan of innovation favoring the impact Paxos has made in the financial market within the country.A stablecoin issuer and crypto services provider Paxos is on the verge of becoming a fully operational regulated bank in the US after...
Bitcoin’s Rising Popularity With Investors Means Gold Will ‘Suffer’: JPMorgan
Gold could lose its shine in the long run due to institutional investors’ increased preference for bitcoin, according to the investment banking giant JPMorgan.
“The adoption of bitcoin by institutional investors has only begun, while for gold its adoption by institutional investors is very advanced,”...
Bitcoin bull case validated again as new trillion-dollar stimulus programs roll out
Bitcoin has stagnated over the past few days after peaking at $19,950 at the start of December. It currently trades for $18,200, stuck in a consolidation range between $18,000 and $19,500.
Chart of BTC’s price action over the past six days. Source: BTCUSD from TradingView.com...
MicroStrategy to Issue $550 Million in Convertible Senior Notes to Buy Bitcoin
According to MicroStrategy, they expect the net proceeds from the sale to total $537.2 million. If the initial purchasers fully exercise their option to buy additional notes, this amount may be even higher, $634.9 million. Business intelligence company MicroStrategy Incorporated (NASDAQ: MSTR) has announced a $550...
OKCoin to Become First Exchange to List Blockstack’s STX Token in US
STX token trading will begin on the OKCoin exchange after the launch of the Stack 2.0 mainnet on the 14th of January.
OKCoin has revealed plans to list Blockstack‘s STX token in the US in 2021. After a successful listing, OKCoin users in the US will have...
First CoinSwap Test Could Herald an Era of Stronger Bitcoin Privacy
CoinSwap, a promising Bitcoin privacy technology, was finally put to the test on Tuesday.
Bitcoin is not very private, despite the perceptions to the contrary. The full history of every transaction on the Bitcoin blockchain is public for anyone to browse. CoinSwaps are a type...
Bitcoin Payments Startup BitPay Applies for US Banking License
BitPay has submitted the complete paperwork work to the US OCC to establish a federally-regulated bank in Georgia.Crypto companies in the US are now taking the bold route of securing a national banking license. On Tuesday, December 8, BitPay filed for the paperwork with...
