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2021

Jan

Jp morgan cautions of dropping btc price

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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

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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...
Bitcoin boom cryptocurrency smashes through the 40k barrier

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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...
Us treasury occ to allow us banks to use public blockchains and stablecoins

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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. ...
Bitcoin price at $30000 would trigger a red alert

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Sunday, 27 December, 2020 at 10:40 GMT
On the morning of Christmas Day, Bitcoin was trading for around $23,500.  In the ensuing 24 hours after, Bitcoin price has broken barriers at the $24k, $25k, $26k, and even this morning, the coin has been close to breaking the $27k ceiling. ...
Jp morgan institutional demand to increase after massmutual bitcoin investment

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Monday, 14 December, 2020 at 10:00 GMT
 JP Morgan have supported the latest $100 million of Bitcoin investment by MassMutual. According to JP Morgan, the investment by Massachusetts Mutual Life Insurance Co. in Bitcoin have the potential for more institutional demand for the cryptocurrency in the coming years. ...
Japanese financial giant sbi launches bitcoin lending service

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Tuesday, 24 November, 2020 at 15:41 GMT
Japanese financial giant SBI Group has concluded plans to roll out a crypto lending service that seeks to borrow cryptocurrencies from holders. According to the report, SBI has put aside a yearly interest of 1% on Bitcoin, and it intends to include XRP and Ethereum in the...
Binance exchange is terminating its bgbp stablecoin

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Monday, 16 November, 2020 at 12:40 GMT
Leading cryptocurrency exchange, Binance has announced its plans to terminate support for BGBP, a stablecoin pegged to the GBP, the official currency for the United Kingdom, including Jersey. The last trading pair for the stablecoin will equally be delisted on the exchange. The...
China construction bank plans to issue $3 billion bonds using blockchain

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Wednesday, 11 November, 2020 at 08:21 GMT
In a recent report, the China Construction Bank (CCB)’s Malaysian unit, in partnership with Hong Kong-based exchange, Fusang, has unveiled plans to issue up to $3 billion bonds using blockchain. ...
Bitcoin surges past the $13000 line

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Sunday, 25 October, 2020 at 17:14 GMT
Bitcoin has finally done it. After months of waiting, the world’s number one cryptocurrency by market cap has surged past the $13,000 line. The currency has been making its way towards this figure for the past several days following an announcement by PayPal that users can now...

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