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Jp morgan cautions of dropping btc price

INVESTING

Tuesday, 12 January, 2021 at 07:29 GMT
JP Morgan’s forecasters saw that the U.S. Securities & Exchange Commission sympathetic a BTC exchange-traded fund is probable negative for BTC in the close term. There is hopefulness around the view of the SEC appreciative a BTC ETF under novel leadership, the forecasters...
Crypto markets drop $60 billion

INVESTING

Monday, 11 January, 2021 at 09:26 GMT
It was a bad weekend for cryptocurrencies. After Bitcoin hit $40,000 and global market cap soared past the $1 trillion mark the weekend put a dampener on things. Total market cap is now hovering below $940 billion, losing 17% in the past 24 hours alone, according to data...
The price of ethereum continues to approach its alltime high

INDUSTRY

Sunday, 10 January, 2021 at 09:27 GMT
ETH price gained pace after it broke the $1,000 resistance against the US Dollar. The price is up over 25%, and it is trading nicely above $1,300 and the 100 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $1,240 on the 4...
Morgan stanley bank experiences bitcoin with increased stake in microstrategy

NONE

Saturday, 9 January, 2021 at 09:36 GMT
2020 can be remembered as the year of institutional adoption of Bitcoin as some major industry leaders have bought their way into the cryptocurrency market. These institutions and big players have been the primary factor driving the current Bull Run. The trend can be further...
Bitcoin hits record levels above $41k

INDUSTRY

Friday, 8 January, 2021 at 12:48 GMT
Bitcoin looked to end its first official week on a strong note as its price claimed another record high this Friday. ...
Bitcoin boom cryptocurrency smashes through the 40k barrier

INVESTING

Friday, 8 January, 2021 at 06:48 GMT
Bitcoin has smashed through the $40,000 mark after another day of stellar gains. The controversial cryptocurrency, whose value is now gaining another $10,000 every few weeks, hit $40,427 yesterday evening. Investors have piled into the digital currency in droves over recent...
Iran launches crackdown on cryptocurrency mining

INDUSTRY

Thursday, 7 January, 2021 at 16:59 GMT
Iranian authorities have shut down 1,620 illegal cryptocurrency mining farms that used nearly 250 megawatts of electricity in the last 18 months. The country announced in July that all crypto miners must register their rigs with the government. ...
Bitcoin rally has yet to enter “overheated” territory

INDUSTRY

Wednesday, 6 January, 2021 at 18:01 GMT
• Bitcoin’s rally has been heating up as of late, with bulls taking full control of its price action as they sent its price rocketing past its previous all-time highs overnight• This rally didn’t last for too long, as an influx of selling pressure around $36,000 slowed...
Us treasury occ to allow us banks to use public blockchains and stablecoins

INVESTING

Tuesday, 5 January, 2021 at 09:59 GMT
The United States Treasury has given national banks the all-clear to make use of stablecoins running on public blockchains. ...
Ethereum breaks 2018’s record after moving past $1000 price mark

INDUSTRY

Monday, 4 January, 2021 at 12:54 GMT
Just four days in the new year and all major coins are surging into new prices. Bitcoin already has an impressive 2021, hitting the $34,000 price line, further establishing itself as the largest digital asset globally. Ethereum, the altcoin behind Bitcoin, with a market cap of ...

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