Cryptocurrency custody company NYDIG said that customers of some U.S. banks would be able to buy, hold and sell bitcoin through their existing accounts for the first time. NYDIG has partnered with Fidelity National Information Services to enable banks to provide cryptocurrencies in the coming months. Hundreds of banks have joined the program. The company …
U.S. banks will soon welcome the Bitcoin payment system Read More »
After falling sharply to new lows again since the beginning of March, Bitcoin rebounded and increased its value by $6,000. Most altcoins have reacted better and have achieved sizable double-digit gains. Ethereum price is close to US$2500, and BNB is nearly US$550. In the past few days, the major cryptocurrencies have performed poorly. Friday was …
Altcoins rise after Bitcoin price hits above $50k Read More »
Bitcoin rose for the first time in six days. It climbed above $52,000 as the bulls pushed the price higher during the Asian morning trading session on Monday. Bitcoin (BTC) rebounded from a 7-week low of around $47,655 in the rally that started around 22:00 UTC on Sunday. Then set its biggest hourly gain in …
Bitcoin, falling to the seven-week lowest, retakes $52,000 Read More »
After Coinbase’s recent debut on the Nasdaq, the price of Bitcoin plummeted to a three-week low. During the Asian session, the largest cryptocurrency by market value fell from approximately USD 60,000 to USD 52,148 in 15 minutes. Liquidated nearly USD 4 billion in derivatives market positions. The price of Bitcoin climbed to almost USD 65,000 …
California Real Estate Company Caruso steps into the cryptocurrency world. According to Wednesday’s announcement, the company will now accept bitcoin as payment on all its real estate and residential properties. It is a significant initial investment in bitcoin, and it makes Caruso the first to adopt this technology in the real estate industry. Besides, Caruso …
You can already pay with Bitcoin at Caruso Properties Read More »
Cryptocurrency exchange Coinbase announced on Thursday that it would begin trading on April 14 after receiving the green light from the Securities and Exchange Commission. If everything goes well, the San Francisco-based company, ranked No. 10 on the 2018 CNBC Disruptor 50 list, will become the first crypto exchange to go public in the United …
Coinbase said its direct listing would be on April 14 Read More »
Investment firm BlackRock hinted that it could add Bitcoin futures to its funds in January. However, the company has already done that. On Thursday, the BlackRock Global Allocation Fund indicated in new SEC filings that it held 37 futures contracts from the Chicago Mercantile Exchange, their total worth being almost $360,458. That amount represents …
BlackRock decided to take part in the crypto industry Read More »
Bitcoin surpassed $59,000 yesterday after PayPal confirmed that it had formally launched cryptocurrency payments. According to Reuters’ report, Paypal will introduce its long-awaited cryptocurrency payment feature to customers in the United States. The company caused a stir last year when it confirmed its crypto venture. According to Dan Schulman, President and CEO of PayPal, this …
Bitcoin surpasses $59,000 as PayPal launches crypto payments Read More »
Investors expected the crypto market to rally again. However, the great surge hasn’t materialized thus far. Bitcoin climbed up by only 0.87% to $51,807.0 on Friday. After a mixed start of the day, the crypto tumbled down to an early morning low of $51,300.0 before surging forward to a high of $52,115.0. It also left …
Crypto market avoided rally despite investors’ expectations Read More »
Bitcoin tumbled down by 0.25% to $54,203.0 on Wednesday. After a mixed start of the day, the crypto surged to an early morning high of $54,668.0 before dropping to a low of $54,118.0. It also left the major support and resistance levels untested thus far. Other cryptos fluctuated during the day as well. However, Bitcoin’s …
Bitcoin dropped below $55,000. What about other cryptos? Read More »
Crypto startups are flourishing, picking up pace with amazing speed. Some companies involved in building or operating cryptocurrency market infrastructure have raised the capital of more than $10 million, even though most startups’ net worth remains below that amount. For instance, Fireblocks raised $133 million, and Bitpanda’s newest gain surpasses $170 million. Bitpanda is …
Crypto platform Bitpanda’s net worth surpassed $1.2 billion Read More »
Crypto assets, such as Bitcoin, Ethereum, and Ripple, are very volatile. Over the past few years, they hit both dizzying highs and extreme lows. However, Bitcoin is now trading around $60,000. It soared by approximately 1,000% in the last twelve months, and the cryptocurrency overall gained more than 11,000% in the previous five years. So, …
Joe Biden plans to tame the crypto. Will he succeed? Read More »
Bitcoin tumbled down by 9.2% on Monday after hitting the record high during the weekend. First time in history, the crypto surpassed $61,000, trading at $61,742 on Saturday. Bitcoin skyrocketed to its latest all-time high. This was caused by traders’ optimism that some of the Covid-19 pandemic relief payments in the U.S. would end up …
Bitcoin declined after surpassing $61,742 on Saturday Read More »
A couple of hours ago, Bitcoin hit a USD51K as a short-term bull case strengthens amid the weakening dollar. For now, as we are writing this news, the BTC has reached USD51,374.95. However, the price of Bitcoin traded around USD52,100 in morning trade. The crypto coin’s dominance on the market is 61%. The main reason …
As a reminder, Bitcoin is the largest cryptocurrency in the world. Due to this, it is important to have a constant awareness of its price. On the other hand, the U.S. dollar is the world’s reserve currency. So, it is also important to keep a keen eye on the USD. Let’s have a look at …
Following Bitcoin’s Footprints: USD Bullish Sign Read More »
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