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Bitcoin News
Bitcoin News

Former U.S. Treasury Secretary Larry Summers Says Bitcoin (BTC) Is Here to Stay, Former Canadian PM Calls It Reserve Currency

Bitcoin (BTC) remains a hot topic of discussion among top delegates and institutions of the world. The former U.S. Treasury Secretary Larry Summers has recently endorsed Bitcoin saying that it is here to stay. During an interview with the Bloomberg Wall Street Week, Summers said: “I think some institution, like Bitcoin (BTC), is here to stay.

Bitcoin (BTC) remains a hot topic of discussion among top delegates and institutions of the world. The former U.S. Treasury Secretary Larry Summers has recently endorsed Bitcoin saying that it is here to stay. During an interview with the Bloomberg Wall Street Week, Summers said: “I think some institution, like Bitcoin (BTC), is here to stay.

bitcoin
Bitcoin News
bitcoin
Bitcoin News

JPMorgan: $100 Million/Day Must Flow Into Grayscale Bitcoin Trust To Push BTC Above $40,000

JPMorgan analysts state that Bitcoin (BTC) can see a further downside if it fails to make a strong move upwards to $40,000. The analysts said that unless BTC registered a strong “break-out”, it can see consistent profit-booking at this stage. Nikolaos Panigirtzoglou, the lead strategist at JPMorgan said that they are currently keeping a close

JPMorgan analysts state that Bitcoin (BTC) can see a further downside if it fails to make a strong move upwards to $40,000. The analysts said that unless BTC registered a strong “break-out”, it can see consistent profit-booking at this stage. Nikolaos Panigirtzoglou, the lead strategist at JPMorgan said that they are currently keeping a close

Bitcoin News
Bitcoin News

Bitcoin price back to the drawing board at sub $40 but technicals suggest an explosion to $40,000

Bitcoin revisits $34,000 to allow more buyers to enter the market as upside eyes $40,000 again. BTC/USD is drawing nigh to a massive falling wedge pattern breakout. Bitcoin price revisited support at $34,000 after rising to $40,000 last week. The recovery had been gradual but steady. BTC bulls fought massively for gains above $38,000. However,

Bitcoin revisits $34,000 to allow more buyers to enter the market as upside eyes $40,000 again. BTC/USD is drawing nigh to a massive falling wedge pattern breakout. Bitcoin price revisited support at $34,000 after rising to $40,000 last week. The recovery had been gradual but steady. BTC bulls fought massively for gains above $38,000. However,

Bitcoin News
Bitcoin News

Week in Crypto: BTC Price and Data Analysis, Crypto Coin of the Week & Top Performers

BTC price was down 2.03% at USD 35,218, and volume was down close to 20% over the past 24 hours at press time. Binance (5.15%), Huobi Global (2.25%), and Coinreal (1.89%) were the top volume contributors for BTC in the spot market.   As the market seems to be building a base for the next breakout,

BTC price was down 2.03% at USD 35,218, and volume was down close to 20% over the past 24 hours at press time. Binance (5.15%), Huobi Global (2.25%), and Coinreal (1.89%) were the top volume contributors for BTC in the spot market.   As the market seems to be building a base for the next breakout,

cryptocurrency
Altcoin News
cryptocurrency
Altcoin News

Today in Crypto: Kraken Delists XRP, BlackRock Sells Major Stake in Chinese Telecom & More

The crypto world saw many ups and downs throughout the past week as Bitcoin price volatility saw a couple of major dips as well as recovery post the infamous Monday market crash of nearly $10k.  The top cryptocurrency is currently trying to consolidate its position above $37,000. Other major headlines of the day include, Kraken

The crypto world saw many ups and downs throughout the past week as Bitcoin price volatility saw a couple of major dips as well as recovery post the infamous Monday market crash of nearly $10k.  The top cryptocurrency is currently trying to consolidate its position above $37,000. Other major headlines of the day include, Kraken

Bitcoin News
Bitcoin News

Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days

While Bitcoin (BTC) has been trading currently in downward pressure of around $36,250, institutions and whales have started accumulating once again. The Bitcoin (BTC) price is down by more than 10% over the last week, and Grayscale Bitcoin Trust (GBTC) has entered a buying spree once again. Over the last three days, Grayscale has accumulated

While Bitcoin (BTC) has been trading currently in downward pressure of around $36,250, institutions and whales have started accumulating once again. The Bitcoin (BTC) price is down by more than 10% over the last week, and Grayscale Bitcoin Trust (GBTC) has entered a buying spree once again. Over the last three days, Grayscale has accumulated

ETH-All-Time-High
Altcoin News
ETH-All-Time-High
Altcoin News

Bloomberg: Imperative for Bitcoin (BTC) to Surge If Ethereum (ETH) Has to Cross $1300

Bitcoin (BTC) and Ethereum (ETH) have slowly covered up the lost ground after their tumultuous price fluctuations on Friday, January 15. Off lately, the world’s two biggest cryptocurrencies have been moving in tandem with each other. Bloomberg analyst Mike McGlone writes that Ethereum (ETH) is currently eyeing levels above $1300 as long as BTC continues

Bitcoin (BTC) and Ethereum (ETH) have slowly covered up the lost ground after their tumultuous price fluctuations on Friday, January 15. Off lately, the world’s two biggest cryptocurrencies have been moving in tandem with each other. Bloomberg analyst Mike McGlone writes that Ethereum (ETH) is currently eyeing levels above $1300 as long as BTC continues

Bitcoin etf
Bitcoin News
Bitcoin etf
Bitcoin News

Institutions are Adopting Crypto, Deutsche Börse’s Bitcoin ETF Trading Volume Nears Traditional ETFs

German exchanges hosting the bitcoin ETF recorded volumes equivalent to many of its popular traditional exchange-traded funds.  Bitcoin Exchange-Traded Crypto (BTCE), Deutsche Börse ETF  is one such product currently in high demand and recorded an average daily trading volume of  €57m in the first 11 days of January, reported Financial Times. The Bitcoin ETF traded

German exchanges hosting the bitcoin ETF recorded volumes equivalent to many of its popular traditional exchange-traded funds.  Bitcoin Exchange-Traded Crypto (BTCE), Deutsche Börse ETF  is one such product currently in high demand and recorded an average daily trading volume of  €57m in the first 11 days of January, reported Financial Times. The Bitcoin ETF traded

Tether
Events
Tether
Events

Deltecbank Reveals Huge Position in Bitcoin, Why Tether Might be in Trouble Again?

Deltecbank, a Tether banking partner recently revealed that they own a position in Bitcoin which under normal circumstances would be bullish news, however, given NYAG lawsuit against Tether and Bitfinex for manipulation of funds and Tether being a stablecoin issuer makes it quite a tricky situation and not a good one for Tether. Deltecbank’s chief

Deltecbank, a Tether banking partner recently revealed that they own a position in Bitcoin which under normal circumstances would be bullish news, however, given NYAG lawsuit against Tether and Bitfinex for manipulation of funds and Tether being a stablecoin issuer makes it quite a tricky situation and not a good one for Tether. Deltecbank’s chief

Twitter hacking-scam
Bitcoin News
Twitter hacking-scam
Bitcoin News

Crypto India: Indian Cops Arrest 26-year old For Stealing $1.2 Million in Bitcoin

Indian law enforcement agency has arrested a 26-year old hacker from Bengaluru Karnataka for stealing nearly 9 crore INR worth of Bitcoin equivalent to about USD 1.2 million from three different exchanges and Poker website, as per news reported by ANI. The investigation against the accused was led by the Bengaluru Joint Commissioner Of Police

Indian law enforcement agency has arrested a 26-year old hacker from Bengaluru Karnataka for stealing nearly 9 crore INR worth of Bitcoin equivalent to about USD 1.2 million from three different exchanges and Poker website, as per news reported by ANI. The investigation against the accused was led by the Bengaluru Joint Commissioner Of Police

Bitcoin News
Bitcoin News

Breaking: Right-Wing Activists Received Large Bitcoin (BTC) Donations Before U.S. Capitol Riots

Just as the U.S. Congress lawmakers are working on impeachment proceedings on U.S. President Donald Trump, there’s a sensational revelation coming about last week’s riots that took place in the U.S. Capitol. As per an exclusive Yahoo News report, right-wing activists received payments in Bitcoin (BTC) a month before from foreign accounts. FBI’s retired assistant director

Just as the U.S. Congress lawmakers are working on impeachment proceedings on U.S. President Donald Trump, there’s a sensational revelation coming about last week’s riots that took place in the U.S. Capitol. As per an exclusive Yahoo News report, right-wing activists received payments in Bitcoin (BTC) a month before from foreign accounts. FBI’s retired assistant director

Bitcoin News
Bitcoin News

Bitcoin displays strong technicals for new record high as futures open interest hit $13 billion

Bitcoin retests $40,000 after recovery almost 30% in two days. Bitcoin open interest increases 74% from the previous month, suggesting high investor optimism. Bitcoin has brushed shoulders with $40,000 again following the early week breakdown to $30,000. The pioneer cryptocurrency has presented a strong bullish front in the last couple of days by first, holding

Bitcoin retests $40,000 after recovery almost 30% in two days. Bitcoin open interest increases 74% from the previous month, suggesting high investor optimism. Bitcoin has brushed shoulders with $40,000 again following the early week breakdown to $30,000. The pioneer cryptocurrency has presented a strong bullish front in the last couple of days by first, holding

Regulation News
Regulation News

FinCEN Extends Dates for Public Comments on New AML Crypto Wallet Regulations

FinCEN has finally extended the period for public comment on its newly released AML regulations for virtual asset service providers after heavy backlash from people for technically prohibiting them from commenting on the proposed regulations. The press release by FinCEN notified that they are reopening the comments period by 15 days for its reporting requirements, and

FinCEN has finally extended the period for public comment on its newly released AML regulations for virtual asset service providers after heavy backlash from people for technically prohibiting them from commenting on the proposed regulations. The press release by FinCEN notified that they are reopening the comments period by 15 days for its reporting requirements, and

Stimulus-Checks-Crypto-Coinbase
Bitcoin News
Stimulus-Checks-Crypto-Coinbase
Bitcoin News

President Elect Biden to Propose New $1.5 Trillion Stimulus Plan, Will Bitcoin See Another Mammoth Rally?

The incoming US President Joe Biden is all set to take oath on January 20 and many believe his first task in the office would be to work on a new stimulus deal that could be worth $1.5 trillion. A recent report by Reuters suggests that Congress was due to hear the new deal today,

The incoming US President Joe Biden is all set to take oath on January 20 and many believe his first task in the office would be to work on a new stimulus deal that could be worth $1.5 trillion. A recent report by Reuters suggests that Congress was due to hear the new deal today,

bitcoin ETF
Blockchain News
bitcoin ETF
Blockchain News

Crypto News: HongKong Approves First Crypto ETF Fund Worth $100 Million

Hong Kong, China has approved an Exchange Traded Fund (ETF) worth $100 million that would also include 10% in cryptocurrency. The ETF would be raised by Yibo Financial as per a report from Wu Blockchain. Hong Kong, China has approved the first ETF fund involving cryptocurrency, and Yibo Financial said it will raise 100 million

Hong Kong, China has approved an Exchange Traded Fund (ETF) worth $100 million that would also include 10% in cryptocurrency. The ETF would be raised by Yibo Financial as per a report from Wu Blockchain. Hong Kong, China has approved the first ETF fund involving cryptocurrency, and Yibo Financial said it will raise 100 million

Bitcoin News
Bitcoin News

Moven Partners With NYDIG To Offer Bitcoin (BTC)-based Digital Banking Solutions

Movencorp Inc, the provider of smart banking technology solutions has recently announced its partnership with leading Bitcoin solution provider NYDIG. The two giants have joined had together to price Bitcoin-related products and services and digital banking solutions. Moven said that it will leverage NYDIG’s digital asset platform in offering “turn-key” Bitcoin-based financial services to its

Movencorp Inc, the provider of smart banking technology solutions has recently announced its partnership with leading Bitcoin solution provider NYDIG. The two giants have joined had together to price Bitcoin-related products and services and digital banking solutions. Moven said that it will leverage NYDIG’s digital asset platform in offering “turn-key” Bitcoin-based financial services to its

Bitcoin News
Bitcoin News

Bull Run Boosts Hashrate Token Craze, Binance Hashcoin [BTCST] And Poolin Tokens Selling at Inflated Rates

The mining gold rush has also led to the creation of mining hashpower pegged hashrate tokens launched by Binance and mining farm operator Poolin. Bitcoin’s race to $42,000 record price has led to a mining gold rush to profit the most as a result the mining difficulty on the network has also soared to an

The mining gold rush has also led to the creation of mining hashpower pegged hashrate tokens launched by Binance and mining farm operator Poolin. Bitcoin’s race to $42,000 record price has led to a mining gold rush to profit the most as a result the mining difficulty on the network has also soared to an

Bitcoin News
Bitcoin News

Analysts Believe Institutions Won’t Allow Bitcoin Price to Fall Below $28,000

Bitcoin (BTC) currently seems to be under selling pressure tanking another 4% earlier today. At press time, Bitcoin is trading at $34,812 with a market cap of $644 billion. However, in the last 48-hours, BTC has approached close to $30,000 levels twice before bouncing back. How Low Can Bitcoin Price Dip? Just as Bitcoin prices

Bitcoin (BTC) currently seems to be under selling pressure tanking another 4% earlier today. At press time, Bitcoin is trading at $34,812 with a market cap of $644 billion. However, in the last 48-hours, BTC has approached close to $30,000 levels twice before bouncing back. How Low Can Bitcoin Price Dip? Just as Bitcoin prices

News
News

ECB President Believes Bitcoin is Speculative, Digital Euro in Next 5 Years

Christine Lagarde, the European Central Bank president in her recent talk at Reuters Next conference has deemed Bitcoin as a speculative asset that plays with investors’ psychology. Lagarde’s comments came during her talks about the role of sovereign digital currencies issued by national banks. She noted that a digital Euro is quite a possibility in

Christine Lagarde, the European Central Bank president in her recent talk at Reuters Next conference has deemed Bitcoin as a speculative asset that plays with investors’ psychology. Lagarde’s comments came during her talks about the role of sovereign digital currencies issued by national banks. She noted that a digital Euro is quite a possibility in

Bitcoin News
Bitcoin News

Mining Rig Manufacturer MicroBT Prepares for U.S. IPO With Estimated $1 Billion Revenue In 2021

MicroBT, one of China’s biggest mining rig manufacturers of mining equipment is preparing for an Initial Public Offering (IPO) this year in the U.S. Stock market. Founded in 2016, microBT is a relatively new player but the second-largest Bitcoin mining rig manufacturer in China. The company has gained solid market share with its Whatsminer series,

MicroBT, one of China’s biggest mining rig manufacturers of mining equipment is preparing for an Initial Public Offering (IPO) this year in the U.S. Stock market. Founded in 2016, microBT is a relatively new player but the second-largest Bitcoin mining rig manufacturer in China. The company has gained solid market share with its Whatsminer series,