Last week the price of Bitcoin was stubbornly consolidating near the level of $19,000 per one digital coin. There were also a couple of attempts to reach the long-awaited psychological level of $20,000; however, all of them turned out to be unsuccessful. Therefore, the recent Bitcoin rally has been put on pause. Glassnode, one of the most famous...
Bitcoin recorded another extremely positive week from a price perspective. On Nov 25, the price of the cryptocurrency reached $19,500 (€16,400), which was just approximately $500 (€480) below the all-time high (ATH) from December 2017. This event intensified the optimism among cryptocurrency enthusiasts because Bitcoin proved to be an asset that...
The crypto market has just recorded another exceptionally positive week. The price of Bitcoin has approached the psychological level of $19,000 per one digital coin, which is very close to the all-time high from December 2017. That is why the crypto community has become very bullish, and multiple remarkably optimistic Bitcoin price predictions h...
Last week another big institutional player decided to enter the crypto market. The China Construction Bank, one of China's Big Four banks, is planning to sell $3 billion worth of debt on a blockchain, according to South China Morning Post. Once launched, the digital bonds are set to be traded on a crypto exchange located in Labuan, Malaysia. Hen...
The 2020 US presidential election took place on Tuesday, November 3rd. Joe Biden has been elected the 46th president of the United States. He is expected to ask the former chairman of the Commodity Futures Trading Commission (CFTC) Gary Gensler to advise the presidential team on plans for Wall Street oversight, according to the Wall Street Journ...
On October 31st, the cryptocurrency community celebrated Bitcoin White Paper Day: Source: Twitter Exactly twelve years ago (on October 31st, 2008), Satoshi Nakamoto posted to a cryptography mailing list a 9-page long document called "Bitcoin: A Peer-to-Peer Electronic Cash System" that has significantly impacted the global financial system sinc...
Last week PayPal, which has over 300 million users worldwide, decided to enter the cryptocurrency market. On October 21st, the company announced that it would integrate cryptocurrency into its digital wallet and allow customers to buy, sell and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin: Source: Twitter Immediately, the cryptocurrency ...
Last week the crypto market was shaken by the suspension of cryptocurrency/digital assets withdrawals on OKEx, one of the biggest exchanges. Source: Twitter OKEx explained the cryptocurrency withdrawal suspension with being "out of touch" with one of the private keyholders, preventing the "associated authorization" from being completed. The exc...
As the price of Bitcoin has managed to retake the psychological level of $11,000 per one digital coin, the positive sentiment among crypto enthusiasts has started to increase again. For example, Anthony (Pomp) Pompliano, a well-known crypto investor and the co-founder of Morgan Creek Digital, wrote on Twitter that Bitcoin was waking up: Source:...
On October 1st, the US Commodity Futures Trading Commission (CFTC) filed an action against cryptocurrency derivatives exchange BitMEX and its owners, including co-founder and CEO Arthur Hayes. The authority accused them of running an unregistered trading platform and violating CFTC rules, including anti-money laundering and customer identificati...