First Mover: Why Wells Fargo Won’t Recommend Bitcoin to Clients
Bitcoin was little changed, holding above the key psychological support level of $18,000 after a drop on Tuesday of more than $800, or 4.5%. But that decline was only the biggest in a week, in a reminder of just how volatile bitcoin prices can...
Germany’s BVDH Issues Euro Stablecoin (EURB) on Stellar
One of the oldest banks in the world, Bankhaus von der Heydt, has issued a Euro stablecoin on the Stellar blockchain network.The Munich-based BVDH, one of the world’s oldest banks, is also one of the first banks to implement blockchain technology. The bank announced...
Bitcoin’s Options Market Skews Bearish as Spot Price Loses Ground
Bitcoin’s options market has flipped bearish for the short term, as demand rises for ways to hedge against further sell-offs in the spot market.
The top cryptocurrency by market value fell to $17,640 earlier Wednesday, the lowest since Nov. 29. Prices later rebounded somewhat and...
Fidelity Digital Assets and BlockFi Launch Bitcoin-Collateralized Cash Loans for Institutions
The penetration of Bitcoin in mainstream finance and the rising demand from institutions pushed Fidelity to come with offers of Bitcoin-backed cash loans. BlockFi will handle all the loan disbursement process while Fidelity Digital Assets will hold BTC as collateral in its custody.Fidelity Digital...
CoinZoom’s One-Stop-Crypto Shop Integrates Digital Services Under One Roof
The next wave of mainstream users is coming, and the simplicity, integration, and convenience of one-stop-crypto-shops like CoinZoom are likely to be the most appealing platforms for new entrants, with everything they need under the same roof.The cryptocurrency exchange marketplace has witnessed tremendous growth...
Bitcoin (BTC) Price Lost More Than $1000 in 24 Hours
With Bitcoin current pullback, experienced traders are said to be taking advantage and accumulating in accordance with the price movements.After Bitcoin rallied to trade around its all-time high in the past few weeks, its market price has shed more than $1000 in 24 hours...
IOV Announces Starname Manager and Listing of IoV Token on Uniswap
The recently announced Starname Manager will see users frequently registering their names on multi-wallet mobile implementation when they create their profile.Starname, a decentralized digital identity platform has come out with its IOV token and also unveiled Starname Manager. According to the announcement from IOV,...
Bitcoin Price Is Not Moving Higher: Do Not Be Afraid of Pause in BTC
On Thursday, December 10th, BTC is correcting, trading at 18,478 USD. This is a pause to put your nerves “in order” – you will definitely need them later.
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
Tech analysis of BTC: pause in growth.
The BTC dynamics might be dangerous...
Bitcoin whale accumulation trend on Bitfinex shows $14k or lower isn’t likely
Whales on Bitfinex have been accumulating after the recent Bitcoin dip. The market trend shows extremely low price targets, like $14,000, are less likely in the near term.Accumulation ongoing as Bitcoin begins to recoverBitcoin briefly dropped to around $17,600 in a sharp intraday drop....
Bridgewater’s Ray Dalio Softens Stance on Bitcoin, Says It Has Place in Investors’ Portfolios
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has offered a more positive stance on bitcoin than in comments that made headlines last month.
In a Reddit Ask Me Anything (AMA) on Tuesday, Dalio said he thought bitcoin and other cryptocurrencies...