Tag: Bitcoin News

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US Treasury Secretary Nominee Hints at Brand New Crypto Environment

In July 2017, then-Fed Chair Janet Yellen was speaking to the House Financial Services Committee when Christian Langalis (22), more known as Bitcoin Sign Guy, held up a sign saying \”buy bitcoin.\” The US Treasury secretary nominee Janet Yellen has made a splash in the Cryptoverse with her recent quotes about cryptocurrencies, but she actually…
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‘I Thought I Was The Smartest Person’ – Allianz’s El-Erian On His USD 19K BTC Sale

Investors who cashed in on their bitcoin (BTC) holdings before the token hit the USD 20,000 threshold have been eating humble pie – with one admitting, “When I sold bitcoin at USD 19,000. I thought I was the smartest person around.” The admission came in an interview with Mohamed El-Erian, a prominent economic adviser at…
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Bitcoin and Altcoins Turn Red As Bulls Step Back

Bitcoin price started a downside correction below the USD 36,500 and USD 35,500 support levels. BTC also broke the USD 35,000 level and tested USD 34,000. It is currently (13:00 UTC) recovering, but the bulls could struggle near USD 35,500. Similarly, there was a bearish reaction in most major altcoins, including ethereum, EOS, XRP, XLM,…
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UAE Financial Watchdog Set To Regulate Crypto By 2022

The Dubai Financial Services Authority (DFSA) has announced plans to implement new regulations for cryptocurrencies in its business plan brochure for the years 2021 to 2022. “We will build upon recent achievements in this space over the business planning period through developing a regulatory regime for digital assets (such as tokenized securities and crypto-currencies),  Read…
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Bitcoin, Major Altcoins Correct As Jenet Yellen Signals ‘Concern’ Over Crypto

Bitcoin price failed to stay above the USD 37,000 level and declined below the USD 36,500 support. BTC even traded below the USD 36,000 level and it is currently (05:00 UTC) trading below USD 36,000. If it continues to move down, the bulls might try to protect USD 34,500. Besides, there was a downside correction…
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Grayscale Makes a Huge Bitcoin Purchase, But BTC Goes ‘Meh’

Even though it was presumed to potentially act as rally fuel, major US-based digital asset manager Grayscale Investments added thousands of bitcoin (BTC) to its Grayscale Bitcoin Trust (GBTC) – but the number one’s crypto price kept moving in his now usual range. Yesterday, Grayscale investments BTC holdings increased by BTC 16,240, going from BTC…
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Bitcoin Block 666,666 Fights Evil With a Bible Verse

The double ‘number of the beast’ Bitcoin (BTC) block has been mined, carrying a Bible verse as a message. Late last night, UTC time, the block number 666,666 was mined, and it included an aptly placed message by the sender, reading: "Do not be overcome by evil, but overcome evil with good." This is a…
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South Korean Traders Offered First Fear-Greed Crypto Volatility Tool

Source: Adobe/sergei_fish13 The South Korean crypto firm Dunamu, the operator of the market-leading Upbit trading platform, has launched a real-time digital assets “fear-greed” gauge that it claims will help crypto enthusiasts measure whether traders are spooked, clambering for profits – or somewhere in between. In a press release, Dunamu stated that its analog-looking Fear-Greed Index…
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UK Crypto-Skeptic’s Anti-Bitcoin Petition Looks Set for a Sad Fate

An outspoken British financial advisor’s petition to ban bitcoin (BTC) and crypto transactions in the UK has garnered just 124 signatures despite widespread media coverage. The petition, named “Legislate to prohibit transactions in cryptocurrencies in the UK,” went live at the start of the year and will remain live on a government-run website for petitions…
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Bitcoin Trades Sideways While Ethereum and Altcoins Rally

Bitcoin price formed a support above USD 35,000 and USD 35,500. As a result, BTC climbed higher above the USD 36,500 resistance, but it failed to gain strength above USD 37,200 and USD 37,500. It is currently (05:00 UTC) retreating lower, but the USD 35,500 zone could provide support. Also, there were strong bullish moves…
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