For a new business, a name is everything. A good business name is the first step in attracting clients and growing brand awareness. A name serves as the foundation for branding, so one that’s simple and memorable that creates a strong impression is effective. A name should link to a core principle or idea and clearly define your brand. Unsuccessful names are often difficult to spell or pronounce, generic, too long for social media handles, or limit business scope and expansion.The repercussions of poorly chosen business names can force companies to rebrand. Subway was known as Pete’s Super Submarines until...

Ethereum has seen some immense strength in the time following its capitulatory plunge towards $1,000 The cryptocurrency’s V-shaped recovery has allowed it to gain serious ground against Bitcoin, even posting a massive breakout against the benchmark crypto Where it trends next will undoubtedly depend largely on whether or not bulls can maintain their control over the market BTC remaining stable is also important, as any intense BTC selloff could create headwinds that hamper ETH’s near-term growth One analyst is now noting that Ethereum is on the cusp of posting an incredibly bullish long entry signal If confirmed, this could be...

WazirX recently completed its quarterly WRX burnt event, and the successful event broke the record as the highest ever when it comes to token burn. A total of 3,333,333 WRX tokens were burnt in the second quarterly event and was completed in three parts. However, in the third quarterly burnt event, the company retracted a total of 6,533,333 WRX, which is valued at about 5,08,96,885 INR (or approximately $648,367). “We’re continuously working towards building more exciting features to enhance your experience on WazirX,” the company asserted. New features and improvements In addition to the reduction in token supply, the third quality burnt...

OIO Holdings, a Singapore-based blockchain services provider, announced today that it has appointed Rudy Lim as CEO for its blockchain business subsidiary. OIO is listed on the Singapore Exchange (SGX) and the company partnered with Moonstake in 2020 to promote blockchain staking.According to the official announcement, the company is planning to promote B2B blockchain staking services. Moonstake and OIO collaborated on various projects in the past including a strategic alliance in February 2020 for joint ownership of the intellectual property for Moonstake’s staking-related products.Lim spent more than 2 years as Head of Fintech at Singapore’s DBS Bank. During his time...

After Bitcoin hit its latest all-time high over $40K earlier in the year, the cryptocurrency has seen a few minor dips. At one point, analysts expressed concern that if BTC could not solidly recapture the $35K mark, it may be in for further drops.Now, it seems those ‘further drops’ have arrived. According to Reuters, Bitcoin fell to a three-week low of $28,800 early in the Asia session before it stabilized around $32,000. According to data from CoinMarketCap, the drop added to a 17.94% percent dive that has taken place over the last seven days, BTC’s biggest weekly drop since September.Bitcoin’s...

Treasury Secretary nominee Janet Yellen believes cryptocurrencies could potentially improve the current financial system US President Joe Biden’s Treasury Secretary nominee Janet Yellen said that she sees several benefits to cryptocurrencies and would work to implement a regulatory framework for such fintech innovations. The former Fed Chair hit the headlines on Tuesday after a virtual hearing of the US Senate Finance Committee. Democratic Senator Maggie Hassan asked Yellen about how she intends to respond to emerging financial technology serving as the gateway to funding criminal organisations and terrorists. Yellen termed cryptocurrencies as a growing concern in the United States, adding...

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For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by Randy McMillian (@RandyMcMillan), a fellow pleb that I met on “Bitcoin Kindergarten” who has been sharing some good knowledge and wisdom on that show lately.  In this episode, we discussed certain interesting topics in Bitcoin that McMillan is most fond of, including repricing time. One very interesting topic that we got into was ditching the old fiat way of telling time (calendar year) and pursuing a new method: telling time by blocks. This is an interesting concept that I think has already caught on among Bitcoiners...

Ethereum started a fresh increase above $1,300 against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards $1,400 and $1,500. ETH price is gaining bullish momentum above the $1,250 resistance level against the US Dollar. The price is likely to face hurdles near $1,380, but it is well above the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,265 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher towards $1,400 and $1,500 in the...

Bitcoin (BTC) Price Prediction – January 24, 2021Surprisingly, BTC/USD dropped to $28989 on January 22 but the bulls ‘bought the dips’ as the coin corrected upward. The price corrected upward but faced another rejection at the $34,000 high. The implication is that BTC price may continue its downward move.Resistance Levels: $45,000, $46,000, $47,000Support Levels: $35,000, $34,000, $33,000BTC/USD – Daily ChartFollowing its inability to break the psychological price level of $40,000 for the second time, BTC price fell to $34,000 support and resumed consolidation between $34,000 and $38,000. While the bulls were defending the $34,000 support from further decline, the bears...

Capital markets technology provider, Calypso Technology has announced on Friday that it has partnered with Grupo Aval to offer front-to-back solutions to two of its Colombian subsidiaries: Financial Services provider, Corficolombiana and Pension Fund, Porvenir.The announcement detailed that with Calypso, the group companies are planning to strategically transform and scale treasury and derivatives operations. The new technology provider will provide both sell-side and buy-side requirements in one single cross-asset front to back trading and investment management solution.Didier Bouillard, CEO of Calypso Technology, commented: “We are delighted to partner with such a prestigious organization in Latin America. We are committed to delivering...

China’s proposed cryptocurrency continues to attract online fraudsters who are pretending to sell the coins that are not even close to being released. The project has attracted the attention and cunning efforts over the last few months, with at least a dozen fake sellers on social media were trying to convince users to buy the digital Yuan.Croatia’s financial supervisor Hanfa said it is aware of a Facebook page called ‘Yuan Pay Group’ that claims affiliation with the Chinese government and publishs ads for buying the Chinese cryptocurrency.The scam promises victims huge returns and encourages people to pour cash into fake tokens. Following...

Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks. CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies...

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2021 is shaping up to be a momentous year for Bitcoin as the price hurtles toward $40,000 — more than double its 2017 all-time high. As HODLers rejoice and naysayers are left in disbelief, it’s important to note that a lot has changed in the world since 2017, making this bull run infinitely disparate from the previous one.  Global pandemic and political mayhem aside, many other things have changed in the last few years, even in the microcosm of Bitcoin. In short: Bitcoin, not shitcoinsAccumulation, not tradingInstitutions, not consumers Bitcoin, Not Shitcoins In 2017, bitcoin was like a gateway drug...

Ethereum has seen some notable strength today despite Bitcoin’s lackluster price action This has allowed it to gain some serious ground on its BTC trading pair, and the crypto is on the cusp of seeing a massive breakout Where it trends in the mid-term will undoubtedly depend at least partially on whether or not bulls can take firm control of its price action Analysts have noted that where it trends in the mid-term will likely depend on its reaction to a few key levels The current demand zone for the crypto sits around $1,160, whereas its resistance sits at $1,260...

Bitcoin (BTC) Price Prediction – January 23 The Bitcoin price is seen slowing down for another correction within the upward trend. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $39,500, $41,500, $43,500 Support Levels: $25,500, $23,500, $21,500 BTCUSD – Daily Chart BTC/USD may need to face a setback for now; this might not be a permanent one. The coin is likely to have a bullish run in the short-term but a price rally may help the coin to cross above the 9-day and 21-day moving averages. Currently, Bitcoin is trading around $31,857 level after a free fall from...

Cryptocurrency exchange OKCoin is pushing further for mainstream adoption of the Lightning Network, which was introduced earlier in 2018 to solve Bitcoin’s scalability problem.The global platform said today in a blog post that it will integrate the Bitcoin Lightning Network in Q1 2021, which allows users to deposit and withdraw more money faster, as well as send larger transactions.OKCoin emphasized that the scaling technology will drive significant improvements in speed and fees, claiming that its customers will be able confirm transactions within a few seconds instead of up to an hour currently required for three confirmations on the Bitcoin blockchain.The integration...

Huobi Futures, the crypto derivatives market of Huobi Group, today said a total of more than $2.3 trillion has been traded on the platform in 2020.Trading volumes peaked in the fourth quarter this year, with an average daily trading volume reaching $12.3 billion, according to information revealed by the company. This figure was up by 402% when weighed against less than $3 billion exchanged hands per day in 2019.Huobi said it outperformed OKEx in coin-margined futures trading volume in October and November, the statement noted, with a total traded volume of $66.2 billion and $124 billion, respectively.In the first half of...

The US-based cryptocurrency exchange Kraken has announced new trading pairs available to customers from the UK and Australia Investors in the UK and Australia will be thrilled following Kraken’s move to expand its listings. The exchange has introduced a total of 14 new assets that can be traded against the British pound sterling (GBP) and Australian dollar (AUD). The addition also features 26 new trading pairs. Half (13) of the new trading pairs are tied to the Australian dollar and the other half to the pound sterling. According to a blog post published yesterday by the exchange, Kraken is looking...

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Listen To This Episode: In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed the newly released Bitcoin Core 0.21.0. Bitcoin Core 0.21.0 is the 21st and latest major release of the Bitcoin Core software, the oldest and most important Bitcoin node implementation, which is often also regarded as the reference implementation for the Bitcoin protocol. Guided by the Bitcoin Core 0.21.0 release notes, van Wirdum and Provoost discussed this release’s most important changes. These include the new mempool policy for rebroadcasting transactions, Tor v3 support, peer anchors for when the node restarts, BIP...

Kronos, a new application beta from the developers of Denarius (D), provides people a way to socialize and transact without a central authority. This new proof of concept takes decentralization, blockchain and privacy to the next level.“Blockchains like Bitcoin and Ethereum have paved the way of innovation for cryptocurrencies and new applications like Denarius (D): Kronos, to bridge the gap for a faster and cheaper way to transact and utilize cryptocurrency.” — James R. (Cryptocurrency User)Kronos, a new application beta from the developers of Denarius (D), provides people a way to socialize and transact without a central authority. This new...

Ethereum has been trading as a higher beta asset to Bitcoin as of late, closely tracking the benchmark crypto but seeing more drastic movements Last night’s Bitcoin selloff proved to be somewhat dire for ETH, with it sending the cryptocurrency down to lows of $1,040 This decline marks a 30% retrace from ETH’s recent highs of $1,450 that were set just a few days back In the time since these lows were set, however, Ethereum has posted a strong v-shaped recovery that could mark a macro bottom One trader spoke about its performance in a recent tweet, noting that its...

ETH Price Prediction – January 22 After touching the daily low of $1039, the price of Ethereum is seen recovering to the upside at the $1238 level. ETH/USD Market Key Levels: Resistance levels: $1400, $1500, $1600 Support levels: $900, $800, $700 ETHUSD – Daily Chart ETH/USD is seen trading towards the resistance level of $1250 level within the ascending channel. Yesterday’s decline has been largely attributed to the fact that Ethereum plummeted pretty significantly. More so, ETH/USD is moving above the 21-day moving average but it can rise higher and break above the 9-day moving average at around $1250. If...

Foreign exchange trading volumes across Refinitiv Matching and FXall platforms decreased slightly in December 2020 from the previous month, the company said on Friday.Turnover in all products including cash, forwards, swaps, options and non-deliverable forwards were reported at $436 billion in December 2020. This figure was down 1.8 percent from $444 billion in November 2020, but reflects a 10 percent increase from $395 billion in December 2019.The former Financial and Risk business of Thomson Reuters reported in November its best metrics since March, when turnover hit an average daily $540 billion, the highest in its volumes data going back to February 2013.Of the...

Coinbase​, the most popular US platform to buy and sell cryptocurrencies, has revealed that it has had an explosion of incoming capital in 2020. Its assets on the platform currently stand at $90 billion, highlighting a string of bullish events that have unleashed a wave of institutional adoption.The San Francisco-based firm revealed in November that its custody service controls $20 billion worth of cryptocurrencies, $14 billion of which were accumulated in less than six months.Bitcoin’s rising mainstream acceptance has resulted in bringing the total number of accounts on Coinbase north of 43 million in over 100 countries.The mega crypto venue...

Massive sell pressure saw the leading cryptocurrency tumble and lose over $6,500 earlier today Bitcoin’s price has slumped to below $29k today for the first time since 5th January. The digital asset bled value heavily, setting a low of $28,800 on Binance owing to strong selling in the last two days. This drop takes the week’s slip to almost 20%. However, the crypto coin has tried to stabilise since bottoming out. At the time of writing, bitcoins are changing hands for $31,176.60 on Binance. This current price represents a 9.81% dip in the last 24 hours. Analysts claim the slump...

Posted by: Bitcoin News Editor in Bitcoin News Wire 4 hours ago Bitcoin was on a tear up until two weeks ago, topping $40,000 on Jan. 7. Here’s what experts are watching now. Steve Weiss, CIO at Short Hills Capital Partners, is skeptical bitcoin can make the leap …Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

This essay strives to explain the Cantillon Effect and how the natural unfairness of all previous monies have always created a world in which the privileged few could take advantage of the unprivileged many. We explore how bitcoin, as the world’s most fair money, alleviates the prevalence of the Cantillon Effect and creates a fairer, more equitable and prosperous world for all.  What Is The Cantillon Effect? “The Cantillon Effect refers to the change in relative prices resulting from a change in money supply. The change in relative prices occurs because the change in money supply has a specific injection...

Email is far from dead. By 2024, more than 361 billion emails will be sent a day, making it a powerful and cost-effective marketing tool. Email marketing alone acquires 40x more customers than Facebook and Twitter campaigns combined. The vast majority of marketing professionals express that email engagement is one of their top metrics for measuring content performance, and 59% say email is their biggest source of ROI.To achieve effective email marketing success, marketers need to know how to boost email open rates, increase click rates, and avoid spam complaints. Less than one-quarter of marketing emails are opened by recipients....

Bitcoin price has now pulled back a full $13,000 from 2021 high to low. Yesterday’s massive bearish, red candle is one obvious sign that the trend is turning. However, a technical analysis tool used to gauge the strength of trends also confirms that bears have taken over the reigns from bulls and it could lead to a short-term downtrend. Bitcoin Bears Regain The Upper Hand, Reclaim Crypto For First Time Since October Bitcoin is undeniably in an uptrend, and according to comparisons with past market cycles, things are only just getting warmed up. But that doesn’t mean that the higher...

A new report from advisory firm Aite Group, prepared in partnership with eToroX suggests that the barriers to institutional entry in cryptocurrencies are decreasing. However, insufficient market capitalization continues to be a problem for large investors. What are institutions worried about? According to the report, 5 key factors can play the most crucial role in increasing the adoption of crypto assets by institutional clients. This includes technological innovation, market liquidity, the role of credit, security and custody, and market structure. Institutional investors have increased their presence in the crypto markets. This has been possible because of the reduction in immature...

Singapore Exchange (SGX) reported financial results for H1 of FY21 today as revenue and net profit spiked in the last half, compared to the same period in 2020. The exchange recorded S$521 million revenue in H1 of FY21, a 9% year-on-year jump.According to the official press release, the net profit of SGX jumped 7% in H1 of FY21 to reach S$228 million. Interim quarterly dividend per share stood at 8 cents. The announced dividend will be payable on 8 February 2021.The performance of currencies and commodities derivatives remained exceptional as their revenue increased 18% to S$92.5 million. The overall equity...

Nasdaq-listed Bitcoin miner, Bit Digital (Nasdaq: BTBT) is facing a class-action lawsuit in the United States as investors are blaming the company for making false and misleading statements.First reported by Coindesk, the lawsuit was filed on Wednesday in the Southern District Court of New York, representing the investors who bought a stake in the mining company between December 21, 2020, and January 8, 2021.Serious Allegations against the CompanyThe lawsuit is based on several allegations against Bit Digital by J Capital Research.“[Bit Digital] tried to downplay the criminality,” the US-based research company wrote.The primary allegation in the lawsuit includes the misrepresentation of...

CRV/USD jumped above $2.0 for the first time since September 2020 Curve Dao Token (CRV) has been soaring lately and posted another big jump to retain the upward trend that has seen it trade higher since 24 December 2020. In the past 24 hours, the CRV token has soared by more than 36% to hit highs of $2.11. Bulls have rebounded from lows of $1.70 after they retreated beneath $2.00 amid widespread crypto bleeding. The early trading sessions on Friday had seen BTC dump under $30k, while ETH bulls stayed strong to prevent a dip below $1,100. Most other cryptocurrencies...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 min ago Business intelligence company MicroStrategy bought 314 bitcoin for $10 million on Friday, piling on in a market that was down as much as 15% only one day before. CEO Michael Saylor said in a tweet the …Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

Cryptocurrency exchange OKCoin has announced that it will be integrating Bitcoin’s Lightning Network to enable faster and cheaper transfers for users by running a Lightning node that can route transactions to other nodes in the network. It expects the integration to be complete in three to four weeks. In a release shared with Bitcoin Magazine, OKCoin said that this would reduce bitcoin transaction fees from about $10 to about 1 cent and reduce deposit and withdrawal times from 10 to 60 minutes to a matter of seconds. Provided by OKCoin “The Lightning Network, like Bitcoin, requires a network of nodes...

Polkadot’s DOT surged towards $18.50 before correcting lower against the US Dollar. It is holding gains above $15.00 despite a crash in bitcoin and Ethereum. DOT rallied above $12.00 and $15.00 before it faced sellers near $18.50 against the US dollar. The price is trading nicely above the $15.00 support and he 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $15.50 on the 4-hours chart of the DOT/USD pair (data source from Kraken). The pair remains in a positive zone and it is likely to continue higher towards $18.50 and $20.00. Polkadot’s...

20 Jan 2021 The recent craze on GPU mining for Ethereum and the resulting Nvidia RTX 30 series shortage as well as pretty much anything else with decent mining performance for Ethash is in full on mode. Still we have managed to get our hands on a few Palit GeForce RTX 3070 GameRock GPUs and built a 6x GPU mining rig using them for ETH mining, so below we share some interesting things including the Ethereum mining hashrate we got and the optimized settings for the RTX 3070 and more specifically the GameRock series from Palit that we have used....

A blank map of Europe. The continental boundary to Asia indicated follows the standard convention of the crest of the Greater Caucasus, the Urals River and the Urals Mountains to the Sea of Kara.This is part one of a three-part series of articles about the state of blockchain in Europe. The series covers the blockchain scene in some of the most important European nations. I would like to thank PR firm Wachsman for sharing with me their compilation of the facts and figures and collection of the commentaries present in this series. In this part, we’ll be taking a look...

 Digital asset manager Grayscale Investments has added another 2000 BTC to its Bitcoin Trust on its first day back.  Grayscale Bitcoin Trust temporarily closed its doors to new investors on December 21—and just reopened them earlier this week. Considering the blockchain’s block production rate, in just one day Grayscale bought nearly two and a half days’ worth of BTC mined worldwide. Cameron and Tyler Winklevoss are reportedly exploring the option of taking their cryptocurrency exchange, Gemini, public. This means that the New York-based exchange could follow in the footsteps of other cryptocurrency-related companies with similar intentions – namely, Coinbase...

BCH Price Prediction – January 21 Today, the price of Bitcoin Cash slides below $450 after rejection at the $499 level. BCH/USD Market Key Levels: Resistance levels: $600, $620, $640 Support levels: $350, $330, $310 BCHUSD – Daily Chart BCH/USD price is seen rolling down as reveals by the daily chart. Meanwhile, the current downfall was expected as the altcoins were hitting huge counters, and the market had to come under selling pressure. However, should Bitcoin Cash remain below the 9-day and 21-day moving averages, the bears might come back to dominate the market. What to Expect from BCH On...

FXSpotStream LLC, the aggregator service of LiquidityMatch LLC, has appointed Amar Vadher as an infrastructure and connectivity manager. He will be based in the company’s London offices and will provide support to FXSpotStream’s global businesses.Mr. Vadher brings nearly two decades of technical experience to FXSpotStream, having served most recently as Head of Technology at R5FX in the UK. R5 provides an electronic marketplace for emerging market foreign exchange (EMFX) and electronic non-deliverable forwards (NDFs).The bulk of his financial career was spent at tech provider FXecosystem. He served as global head of technology at the UK-based business, which is focused on outsourced...

Institutional adoption of crypto assets has shown improvement in recent months due to a constant reduction in barriers like security issues and immature market infrastructure. But, the institutions are worried about the insufficient market capitalization of cryptocurrencies.The advisory firm, Aite Group published the report in partnership with eToroX, the report says that 5 key factors can play an important role in institutional market adoption of crypto assets. The areas include market structure, security and custody, technological innovation, the role of credit and market liquidity.The report states that smooth access to credit in the crypto market is necessary for wider institutional...

CMT Digital’s analyst Matt Casto has released a worrying report about crypto coins that peaked in January 2018 According to data from Messari, only a handful of cryptocurrencies that hit highs in 2018 are still trading favourably. The rest have lost value and plummeted heavily. The aggregator’s data shows that 83% of crypto coins that posted record highs three years ago are currently trading 90.71% below their peaks. This percentage represents 157 crypto assets that now sit so far below their highs. Casto was first to notice this troubling data. He shared a tweet earlier today, highlighting the average return...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 hour ago Bitcoin fell below $30,000 as it continues to retreat from the record highs reached during a furious rally over the past two months.Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

Listen To This Episode: This week for the “Bitcoin Magazine Podcast,” Christian Keroles sat down with long-time Bitcoiner and builder Douglas Bakkum. Bakkum is the CEO and cofounder of hardware wallet manufacturer Shift Crypto. He and his team have been working hard from very early on to create a hardware wallet experience that is suitable for newbies but has the most important advanced features for maximum sovereignty, safety and trustlessness. This was a very wide-ranging conversation covering Bakkum’s history, the inspiration for Shift Crypto, the BitBox02 and all about bitcoin cold storage and custody. See Also The conversation got pretty...

The New Industrial Revolution is changing the way products are made and shaping the future. The fourth industrial revolution, Industry 4.0, will introduce better products to the market in less time and at a lower cost.Industry 1.0, mechanization, replaced animal and human labor with machines, which was driven by the steam and internal combustion engine. Industry 2.0 was characterized by mass production. Assembly lines increased productivity and efficiency, and shipping was made easy because of railways and telegraph lines. Industry 3.0, digitization, consisted of a rise in telecommunications, computers, nuclear power. Electronics and IT were also integrated into manufacturing procedures.Industry...

Bitcoin plunged roughly 12 percent on Thursday, breaking below critical support levels to target $30,000 for a potential pullback. The sell-off occurred despite a positive risk-on sentiment across the traditional markets. That prompted analysts to blame a flurry of fundamentals, ranging from the US Treasury Secretary Janet Yellen’s remarks on Bitcoin’s use for illicit purposes to the Deutsche Bank’s survey that concluded the cryptocurrency is in a massive bubble. “When asked specifically about the 12-month fate of Bitcoin and Tesla — a stock emblematic of a potential tech bubble — a majority of readers think that they are more likely...

The world’s largest asset manager, BlackRock, has allowed two of its biggest funds to engage in Bitcoin derivatives. The firm has over $8 trillion in assets under management. SEC filing reveals details The firm recently filed with the Securities and Exchange Commission (SEC). The prospectus documents show that BlackRock has added Bitcoin futures to derivatives products that two of its largest funds can invest in. Now, BlackRock Funds V and BlackRock Global Allocation Fund Inc. can invest in indices, interest rates, credit events, commodities, and currencies. The asset manager wrote, “The only bitcoin futures in which the Funds may invest...

BlockFi, a US-based crypto lending platform, announced on late Wednesday the launch of an over-the-counter (OTC) trading desk that will serve institutions and ultra-high-net-worth clients.The trading services on the OTC desk will be available around the clock and will primarily target traders in the United States and Asia, two of the most active regions with crypto. The desk will act as an execution partner and will offer spot trading, credit capabilities and margin trading products. It will support trading with only three major cryptocurrencies: Bitcoin, Ether and Litecoin.Commenting on the new service, BlockFi Co-founder and CEO, Zac Prince, said: “Existing institutional...

Bitcoin dropped below $32,000 on Thursday as the cryptocurrency lost around 20% of its value since the last week. The selling pressure on BTC is mounting due to significant activities by Bitcoin whales at leading crypto exchanges. Approximately $726 million worth of long BTC positions got liquidated in the last 24 hours.Glassnode, a crypto market data aggregator, published a report today and mentioned that Bitcoin is facing a severe liquidity crisis as the liquid supply of the world’s largest cryptocurrency dropped significantly during the last few days. According to the mentioned data, Bitcoin whales have taken nearly 270,000 BTC out...

DOT, LTC and LINK could all correct lower before bulls resume their uptrend Litecoin and ChainLink, like most other cryptocurrencies, have followed Bitcoin (BTC) into the red as markets react to potentially bearish comments by US Treasury Secretary nominee Janet Yellen. The former Federal Reserve chair claimed during a Senate Finance committee hearing that cryptocurrencies were largely used in financing illicit activities. The market reaction has seen BTC price dip towards lows of $32,000 on Thursday morning. In the broader crypto market, only DOT is in the green among the top ten on CoinMarketCap. But with further downward pressure likely...

Yesterday both Bitcoin.org and Bitcoincore.org received allegations of copyright infringement of the Bitcoin whitepaper by lawyers representing Craig Steven Wright. In this letter, they claim Craig owns the copyright to the paper, the Bitcoin name, and ownership of bitcoin.org. They also claim he is Satoshi Nakamoto, the pseudonymous creator of Bitcoin, and the original owner of bitcoin.org. Bitcoin.org and Bitcoincore.org were both asked to take down the whitepaper. We believe these claims are without merit, and refuse to do so. Unfortunately, without consulting us, Bitcoin Core developers scrambled to remove the Bitcoin whitepaper from bitcoincore.org, in response to these allegations...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 min ago Guggenheim Partners CIO says bitcoin could retrace all the way back to $20,000. Bitcoin’s bull run may have peaked and the cryptocurrency could suffer a significant price pullback, according to …Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

​Listen To This Episode: Do not forget to subscribe to the new Fed Watch: Bitcoin And Macro feed. It will be separate from Bitcoin Magazine. Exclusively on the new feed, you’ll find our next interview with the great Max Kaiser. Search for “Fed Watch – Bitcoin and Macro” on your podcast app. In this episode of Bitcoin Magazine’s “Fed Watch,” Christian Keroles and Ansel Lindner discuss the broad macroeconomic atmosphere in which bitcoin finds itself. They touched on bitcoin mining, price, the dollar, commodities and the economy in general. In many ways, markets are in the quiet before the storm....

Ripple is holding gains above $0.2800 against the US Dollar. XRP price is likely to accelerate higher towards $0.3500 once it clears the $0.3100 resistance zone. Ripple is showing a few positive signs above $0.2800 and $0.2680 against the US dollar. The price is facing a major hurdle at $0.3100, but it is above the 100 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.3000 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate higher towards $0.3500 once it clears $0.3100. Ripple’s XRP Price is...

Bitcoin (BTC) Price Prediction – January 20 The king coin has been facing some immense selling pressure as of late, with the support found within the $33,380 level. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $44,000 Support Levels: $30,000, $28,000, $26,000 BTCUSD – Daily Chart BTC/USD has been struggling to maintain its uptrend, with the selling pressure within the $33,400 region which is stopping it from seeing any major gains throughout the past few days. Meanwhile, traders are not surprised by the selling pressure as bears are trying to defend against a break above the...

Celsius, a cryptocurrency lending and borrowing platform, today said it has surpassed over $5.3 billion in total cryptocurrency deposits less than three years after launching its mobile app.This announcement comes on the heels of Celsius saying it has acquired more than 125,000 new clients, totaling over 340,000 active users worldwide, and was the first crypto platform to surpass $1 billion in total assets.According to Celsius’ statement, the crypto app has paid more than $200 million in interest rewards to its community to date. In terms of bitcoin units, Celsius holds a massive quantity of around 55,000 BTC, worth nearly $2.0 billion.Further, the...

BlackRock, the world’s largest asset manager with almost $8 trillion in AUM, is allowing two of its biggest funds to engage in Bitcoin derivatives.According to ‘additional information’ provided in prospectus documents filed with the SEC, BlackRock has added bitcoin futures to derivatives products that its two funds can invest in. BlackRock Global Allocation Fund Inc. and BlackRock Funds V are cleared to invest in commodities, currencies, interest rates, credit events or indices.“The only bitcoin futures in which the Funds may invest are cash-settled bitcoin futures traded on commodity exchanges registered with the CFTC,” the asset manager said.The company cited several...

Based on recent activity, the decentralised exchange (DEX) is close to averaging $1 billion in daily trade volume The fourth-placed DeFi protocol by total value-locked, according to DeFi Pulse, is on its way to unlocking a new normal. Uniswap has recorded positive figures over the last few days that show it is headed to realise $1 billion a day in volume. The platform leads in its category with a total value locked (TVL) of $2.92 billion, followed by Curve Finance at $2.12 billion. Its clone platform, SushiSwap, occupies third place with a TVL of $1.99 billion. Neither comes close to...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 min ago British investment management firm Ruffer has revealed that its bitcoin holdings now account for about 3% of its entire portfolio of approximately $29 billion. The firm believes that we are “at the …Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

The internet, which is the network we currently use for our Bitcoin needs, was supposed to be decentralized, verifiable and private. But after decades of choosing comfort, ease and speed, the internet today is actually quite centralized, with millions of websites and services’ information stored in a few data centers, all of them served by a very limited number of regulated, or even state-owned providers.  All users’ data travels through a reduced number of cables and cell towers and all of it is being identified, analyzed and allowed to go through most of the time, until now. Even the tools...

Making your website is more important than ever, and choosing the best web hosting is a key component in every successful web page. Google’s Best Practices advise that your website should load in less than 3 seconds. The benefits of increasing website speed are improved user experience, increased conversation rates, and improved search ranking. A 9-second increase in page load time increases mobile bounce rate by 123%. There are many factors that contribute to website speed. Poorly coded plugins can significantly slow down your website, as well as overcrowded pages, shared hosting that allows other sites to consume resources, WordPress...

BTC Ultimatum (BTCU) has been created for the development of innovative blockchain solutions – Prof-it Blockchain Ltd. BTCU is led by globally recognised experts in blockchain and crypto, featuring founder Nikolai Udianskyi, top ten crypto industry leaders at the World level; and CEO Eric Ma, a former core member of CoinMarketCap Key members of the executive team include COO Bohdan Prilepa, Dinis Guarda, a leading blockchain and digital assets personality joins as Team Advisor Strategy and Development; Juliet Su founder of Digital Week Online joins as Business Development Officer; CTO Andriy Saranenko and CMO Vadim Yarmak They set the task...

Sometimes it’s hard to argue that market capitalism has any chance of correctly allocating money to the companies that can use it best. Case in point: Stock-market performance this year has been driven by the raw share price, with lower-priced stocks doing better and higher-priced worse. Below, some of the best analysis and insight from […] Source

Bitcoin Nodes Have reached a brand new all-time high in terms of numbers, clocking in at 11,627 reachable nodes currently active at the time of writing and according to Bitnodes.io. Coin.dance stands as another Bitcoin network statistics tracker, and has crunched its numbers to conclude a total of 11478 nodes on the network. Either way, this is far above the previous all-time high set a year ago in this month, having been recorded at 11.250 nodes back in January of 2020. Bitcoin Core’s Latest Version Up For Grabs It was the 14th of January, 2021, when Bitcoin Core’s new update...

HYCM is a globally established forex broker under Henyep Capital Markets Group, a global corporation with over four decades of experience operating in Asia, Europe, and the Middle East.Since its conception, HYCM has established itself as one of the more reputable and reliable financial brokers.Finance Magnates met with Stavros Lambouris, CEO at HYCM International, to review 2020 and find out what the new year holds for the forex industry.What are some of your thoughts regarding the year just gone?2020 was a difficult year for everyone on all sides. It’s been a double-edged sword for us because we’ve had a good...

Bitcoin has lost more than 10% of its value in the last 24 hours as the world’s largest crypto asset dropped below the $34,000 level on Wednesday. The recent bearish move came after high selling pressure kept BTC under $40,000 level. The overall market cap of cryptocurrencies dipped below $1 trillion today.According to the latest data available on coinmarketcap, Bitcoin has removed all gains of the previous week as the cryptocurrency is now down over 2% in the last 7 days. Ethereum plunged more than 12% in the last 24 hours as the world’s second-largest cryptocurrency reached $1,250 after registering...

Ethereum (ETH) reached a new all-time high of $1,440 but is in danger of dropping further below $1,300 ETH/USD traded at a new all-time high of $1,440 yesterday, but an increase in sell-off pressure has pushed it progressively lower. It has touched lows of $1,269 and remains vulnerable to more slips as per the outlook of key on-chain metrics. This perspective is shared by on-chain analytics platform Santiment, which says that some signals suggest ETH could turn bearish in the short term. One of the signals that a top might be in for ETH/USD is the MVRV indicator. The MVRV...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 hour ago The Bitcoin fever is starting to break as worries about a market bubble discourages investors from buying in.Prices for the largest cryptocurrency dipped as much as 6.8% on Wednesday and traded below …Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

Bitcoin is currently banned by the State Bank of Pakistan and it’s illegal for businesses, banks and other entities to trade bitcoin in the jurisdiction of Islamic Republic of Pakistan.   But Pakistan is the world’s fourth-largest country by population, and about 50 percent of the population is between the ages of 15 and 40, and only about 4 percent is over the age of 65. So, bitcoin adoption in Pakistan is increasing at a fast pace, even though it’s banned by the State Bank of Pakistan. Many freelancers working in tech industries from Pakistan get paid in bitcoin. Which brings...

Chainlink (LINK) rallied towards the $24.00 level before correcting lower, similar to bitcoin and Ethereum. The price is now trading near a major support zone at $20.00. Chainlink token price traded as high as $23.79 before starting a downside correction against the US dollar. The price is trading above the $20.00 support and it is well above the 100 simple moving average (4-hours). There is a connecting bearish trend line forming with resistance near $21.70 on the 4-hours chart of the LINK/USD pair (data source from Kraken). The price could extend losses towards $18.20 before starting a fresh increase in...

Bitcoin (BTC) Price Prediction – January 20, 2021BTC/USD is now trading in a tight range. On January 11, the BTC price was fluctuating between $30,000 and $40,000. Nevertheless, on January 15, the price movement has been confined in a tight range between $34,500 and $38,000. This is an indication that a breakout is imminent.Resistance Levels: $45,000, $46,000, $47,000Support Levels: $35,000, $34,000, $33,000 BTC/USD – Daily Chart As price narrows in a tight range, Bitcoin breakout is imminent and most likely on the upside. The king coin has been trading marginally with small body candlesticks called Doji and Spinning tops. The...

Interactive Brokers today reported fourth-quarter earnings that beat analysts’ expectations as an increase in daily average revenue trades and customer accounts primarily supported the results, despite dropping commission fees.Ranked as the largest US electronic broker by some measures, Interactive Brokers’ fourth-quarter revenues rose 20 percent year-over-year, to $599 million compared to $500 million in Q4 2019. Further, the figure was higher 9 percent from $548 million in the third quarter.Income before tax totaled $392 million, which is up 26 percent year-over-year from $312 million and was 17 percent higher QoQ from $334 million in the prior quarter.On an adjusted basis, the longtime...

Coinbase has obtained blockchain infrastructure startup, Bison Trails, which provides an easy-to-use platform to launch and run nodes on any blockchain network. The acquisition was announced via a blog post on Monday, but no information on the financial terms of the agreement was published.The Brooklyn-based platform allows for other companies to engage in blockchain networks without having to develop any of the technology necessary to engage in these chains themselves.“By joining forces, we aim to bring the advanced technology that the Bison Trails team has developed — and continues to develop — to more projects and more companies around the...

According to data from CEX.IO, Bitcoin sat just below $30,000 at the end of 2020, with its price on New Years Eve closing at $29,033 It is mid-January, and both Bitcoin and Ethereum — the crypto industry’s two largest coins — have already seen significant price changes. There has been little regarding outside influences on the coins’ prices, but they still saw some strong shifts, likely influenced by the change in demand alone. Bitcoin in January 2021 The recent Bitcoin price surge that has been leading the market rally has continued in early 2021, especially in the first 10 days...

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Grayscale’s Bitcoin Trust (GBTC) made headlines again yesterday with its record one-day addition of 16,244 bitcoin, adding to its stack of over 630,000 bitcoin and an assets under management (AUM) totaling about $23 billion. Evidently, business is good. So, who are Grayscale’s investors? Is GBTC’s premium an incentive, or a disincentive? And where will this fund move in the future? What Is GBTC?  Grayscale owns bitcoin in its GBTC trust and investors buy shares that represent a number of those bitcoin. There’s a 2 percent per year management fee, in addition to a “premium.” The premium is the difference between the...

Your most loyal customers are the ones you already have. Let’s explore how failed payments affect revenue and look at ways that companies can improve and increase customer retention. In the United States, customer churn costs $136 billion, of which 34% is due to involuntary churn and failed payments.Failed payments cut into forecasted revenue with 48% of businesses saying chargeback rates cut into their earnings and 43% saying that increased customer service contacts because of failed payments are more costly. The leading causes of failed payments occur because of insufficient funds, credit card limits, and credit card changes. While convenient,...

Ethereum has seen a monumental rally throughout the past couple of days, with bulls taking full control over its price action This has come as BTC remains relatively stable in the upper-$30,000 region, with its stability giving altcoins the chance to rally ETH has yet to set fresh all-time highs despite its recent gains, but the crypto could be on the cusp of surging even higher as it begins establishing some support just below its current price One analyst is now pointing to a fractal showing Bitcoin’s reaction to its local highs several weeks ago If ETH follows in its...

Special purpose acquisition companies are having a moment in the sun, and they’re making their way into the wealth management industry, Larry Roth, founder and managing partner of RLR Strategic Partners, told Barron’s. Though they have been around in some form since the 1990s, SPACs have grown in popularity in recent years. As of Dec. 1, […] Source

Italian football club AC Milan recently partnered with fintech blockchain company Chiliz to launch a new fan token. The token will be available on socios.com. An exciting new development for fans The new fan token will bring new engagement options for fans. It will also give fans voting rights in club polls. The token will be called $ACM and will be available on the social platform socios.com. The official announcement suggests that $ACM will be available in the next few weeks and give VIP rewards to fans of the football club. However, AC Milan is not the first club to...

BMLL Technologies, the data and analytics company, announced today that it has collaborated with a streaming data analytics provider, Kx to make BMLL Data Feed available to the sell-side participants on the Kx Streaming Analytics platform.According to the official press release, the new partnership will join Kx’s real-time data capture and ultra-low latency processing technology with BMLL’s Data Feed to deliver valuable insights for sell-side institutions.The company mentioned in the announcement that several financial firms across the world are using BMLL’s data and analytics to understand market dynamics. BMLL has recently collaborated with Data in Harmony (DIH) to expand its...

The Dubai Financial Services Authority (DFSA), which oversees businesses operating from tax-free Dubai International Financial Centre (DIFC), revealed its plans to brings cryptocurrency regulatory frameworks in a business plan brochure for 2021 to 2022.“We will build upon recent achievements in this space over the business planning period through developing a regulatory regime for digital assets (such as tokenized securities and crypto-currencies), having already implemented regulations supporting various innovative business models,” the DFSA noted.Published on Monday, the business plan did not specify any details or deadline for introducing the regulations.The DFSA license is gaining a lot of traction among the financial...

Ruffer Investment has rationalised its unprecedented resolution to purchase $750 million worth of Bitcoin The UK-investment firm has given a justification for its massive Bitcoin purchase in the Investment Manager’s Period End Review published yesterday. The review covers investment and fund allocation activity involving the company for the second half of last year. Ruffer Investment is one of the major companies in the growing list of financial institutions flocking in the Bitcoin market. The firm is already invested in Bitcoin directly and has bought equities through other firms. “We gained our bitcoin exposure via the Ruffer Multi Strategies Fund and...

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Today, digital asset manager CoinShares announced the launch of CoinShares Physical Bitcoin, an exchange-traded product (ETP) with each unit backed by on-chain BTC. The product will carry the ticker symbol “BITC.” “BITC will be the first product released on CoinShares’ new institutional-grade ETP platform and will launch with significant assets under management,” according to a release shared with Bitcoin Magazine. “Each unit of BITC is backed with 0.001 bitcoin at launch, providing investors with passive exposure to bitcoin and the convenience of an exchange-traded product.” BITC will be listed on the Swiss Stock Exchange (SIX) and carry a base fee...

Ripple started a strong rise after forming a base above $0.2550 against the US Dollar. XRP price is currently rallying and it is likely to continue higher towards $0.3500. Ripple is up over 15% and it showing a lot of positive signs above $0.3000 against the US dollar. The price broke many hurdles near $0.2880 and the 100 simple moving average (4-hours). There was a break above a crucial contracting triangle with resistance near $0.2825 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate higher towards the $0.3400 and $0.3600 resistance...

ETH Price Prediction – January 18 ETH/USD price action continues to move within a bullish nature, forming technical patterns for moves to the north. ETH/USD Market Key Levels: Resistance levels: $1400, $1500, $1600 Support levels: $1000, $900, $800 ETHUSD – Daily Chart ETH/USD continues to struggle this week as it trades with a slight gain of 0.02% to bring back the price of the coin from the low of $1181. Ethereum (ETH) continues to trade within a long term ascending price channel. A couple of days ago, the cryptocurrency was struggling to break resistance at $1294 but it must overcome...

Delphine d’Amarzit, the deputy CEO of Orange Bank, has been named the head of the Euronext Paris exchange, effective 15 March 2021. Pending regulatory approvals, D’Amarzit is the first woman to ever lead the Paris stock bourse.She replaces Anthony Attia, who has been chief executive officer of the French mega exchange since 2014. The outgoing CEO will vacate his position to become global head of primary markets and post trade, the pan-European exchange operator said on Monday.Attia will also oversee Euronext’s equity, debt and fund listing franchise and the corporate services business, as well as clearing, custody and settlement activities....

Huobi, a former ‘big three’ platform, has become the latest cryptocurrency exchange to go live on BLINC, a real-time payments network that allows zero transaction fees across fiat and digital currencies.Huobi’s integration with the settlement network was made possible through a partnership with London-based BCB Group, which operates crypto-focused startups regulated in the UK and Switzerland.BLINC, which is an abbreviation of BCB Liquidity Interchange Network Consortium, handles instant domestic and international cross-currency transactions, security tokens and smart contracts. This effectively eliminates the need for mainstream and sometimes costly payment networks, such as SWIFT and SEPA for transfers between BLINC users.BLINC launches...

Ripple (XRP) could break above $0.30 and rally higher, with bulls likely to target $0.40 in the next wave XRP has traded sideways for the last few days, with its lack of meaningful upside action allowing Polkadot (DOT) to overtake it as the fourth-largest cryptocurrency by market cap. Ripple’s underperformance since the SEC filed a lawsuit against the company and its top executives meant that it was always likely that its position would be taken by top performers like DOT. However, Ripple may be back in the top three if its price breaks out of consolidation and moves towards retesting...

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Source

What happens when your Lightning Network routing node is fed with garbage transactions that never resolve? In short, it causes a lot of grief for routing nodes. What was once a smooth, global payment system can be locked up with trivial effort from a savvy script writer. Working in a small team of routing nodes, we successfully ran a test of the attack with real funds and demonstrated the “griefing” attack described by Joost Jager. The attack is called a grief attack since it is not a theft of funds, but it causes a victim’s Lightning funds to be frozen:...

Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the cryptocurrency consolidates Where it trends next will undoubtedly depend largely on whether or not bulls can break the ongoing consolidation phase and spark a move higher This will likely only come about if BTC can flip $40,000 into support, as this has proven to be an intense resistance level While sharing speaking about BTC’s price action, one analyst explained that it is currently caught within a relatively large pennant As such, he expects it to see further consolidating in the...

Stephan Harper stands as the former Prime Minister of Canada, having served nine years within the position. In a recent interview with Jay Martin from the Cambridge House investment service, he revealed that Bitcoin might just have a spot in central banking. The asset, alongside central bank digital currencies (CBDCs), could serve as a basket of reserve currencies in order to replace the USD. Harper: USD Might Lose Some Of Its Dominance The interview was done today at the Vancouver Resource Investment Conference, where Harper stated that the USD being replaced would only be a result of a large currency...

EuropeFX has strengthened its commitment to retail traders in 2021 with the offering of Acuity Expert Advisors (EA) for its growing user base.With volatility at record highs, traders need to stay on top of the news to consistently profit. This is where EuropeFX comes in, having partnered with news sentiment specialist, Acuity.Acuity focuses on AI-driven sentiment trading tools with the aim of harnessing news feeds. One of the foremost difficulties of utilizing news presently is information overload.With more resources available at your fingertips than ever before, the ability to correctly process this information is at a premium.Utilizing Acuity EA, users...

Chiliz, a fintech blockchain company, has announced today that it has partnered with AC Milan to launch the $ACM crypto token for fans through a social platform socios.com. The new fan token will provide several benefits to the holders including voting rights in club polls.According to the official announcement, the fan token will be launched within the next few weeks. The $ACM Fan Token holders will be able to take advantage of AC Milan’s VIP rewards. The Italian football club has joined other teams like FC Barcelona, Juventus, PSG, and AS Roma to launch a fan token on the fan...

According to Ark Invest’s chief executive, the Bitcoin ecosystem has not seen the end of institutional investors Catherine Wood, the founder of ARK Investment (Ark Invest), believes that many more big firms will be exploring Bitcoin in the coming days. Wood predicted that a new wave of institutional investors was on the way. She asserted that there has been an increasing interest in the digital asset lately and its epic run will attract several firms looking to add Bitcoin to their financial books. Wood specifically highlighted tech companies as the most probable to follow the current trend set by the...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 hour ago Bitcoin rose to $37,000 on Monday, back toward a level that strategists at JPMorgan Chase & Co. see as an inflection point for the digital coin.Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

The anticipated flow of institutional capital into the crypto market has been a popular narrative over the last few years, but often with limited traction. Now, in the aftermath of the 2020 macro backdrop, it’s actually happening. Preparations for institutional involvement have been made, and enterprise-level solutions built for crypto custody, digital asset management, and trade execution brokerage. As the crypto market recently topped $1 trillion for the first time and following projections for that to grow fivefold, it’s more important than ever that institutional-grade rails are in place to capture this critical mass. Some of the projects at the...

BCH Price Prediction – January 16 For the past few days now, BCH/USD price actions have been consolidating around the 9-day moving average. BCH/USD Market Key Levels: Resistance levels: $600, $650, $700 Support levels: $350, $300, $250 BCHUSD – Daily Chart BCH/USD is now struggling with the bearish pressure that dominates the entire crypto landscape. A few actions were witnessed to the upside over the past few days. However, the zone between $450 and $550 stayed intact as the key support level. The bulls are keen to ensure that the price stays above the moving averages before today’s dips into...

In another rollercoaster of a week in the crypto world, here are the standout stories from the worlds of forex, fintech and crypto in our best of the week segment.ETH Price Slid Roughly 20% in 24 Hours, But Signs of Recovery Are ShowingThe week started with Ethereum (ETH) taking a little of the spotlight from Bitcoin. As of Monday, ETH had fallen nearly 20 percent over the last 24 hours. Mirroring moves by Bitcoin, ETH had actually fallen even further at one point earlier in the day but was showing some signs of recovery.Was it expected? a number of analysts have been...

Mike Novogratz’s Galaxy Digital has jumped into the cryptocurrency mining business with the launch of a new unit that will provide financial services and products to Bitcoin miners.Dubbed Galaxy Digital Mining, the unit will be led by Fidelity’s former director of mining, Amanda Fabiano. The firm described that it will offer services like trading and risk management, investing and lending and corporate advisory to Bitcoin miners.Additionally, the business wing will directly engage in Bitcoin mining as well. It set up its facility in a third-party datacenter in the United States.“Bitcoin mining is the foundation of the Bitcoin network,” Fabiano said....

Ethereum (ETH) reserves on centralised crypto exchanges have plunged by 27% over the last two days as platforms run out of the cryptocurrency The Ether reserves on cryptocurrency exchanges dropped by 27% over the past 48 hours, with analysts predicting ETH could soon hit a new all-time high price. According to CryptoQuant, only 8.1 million ETH is currently available in the reserves of various cryptocurrency exchanges. The decline in Ether reserves indicates that more people are holding the cryptocurrency rather than selling or transacting it. With most investors hodling the cryptocurrency, the exchanges are suffering from low liquidity. The rapid...

Posted by: Bitcoin News Editor in Bitcoin News Wire 1 min ago Billionaire investor Mark Cuban, who famously said he’d rather have bananas than bitcoin, has warned traders to watch for a rise in interest rates—but thinks the emerging decentralized finance (DeFi) …Read Full Story The ForexTV Bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. Latest posts by Bitcoin News Editor (see all) Source

Listen To This Episode: In the fifth installment of the “BitcoinTina On Bitcoin” series, CK and BitcoinTina discussed the potential bull market scenarios for bitcoin. In this podcast, they covered three different bitcoin price scenarios which are all very bullish but difficult and distinct to trade. #bitcoin has 3 potential price paths IMO.1. Parabolic up in 2021 then crash. Typical view of bitcoiners. Deep consensus.2. up 2-5X each year 2021,2022,2023, with 20-40% corrections. Then front run 2024.3. Massive repricing up $500K to $1 million 2021/22. Then sideways.— BitcoinTina☣️- "TINA" #bitcoin (@BitcoinTina) December 24, 2020 The cornerstone of BitcoinTina’s argument is...