Bitcoin price started a fresh increase after forming a base above USD 32,400 and USD 33,200. BTC gained strength above USD 35,000 and it was able to clear a major hurdle at USD 36,000. It is currently (05:00 UTC) trading above USD 37,000 and it seems like there are chances of more upsides. Similarly, most…
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Trading and investing platform eToro has sent out a warning to its users that it may limit buy orders this weekend, while others warn of drying liquidity, suggesting that the demand for the world’s number one cryptocurrency, bitcoin (BTC), is growing further and the shoeshine indicator "isn’t relevant in this current cycle" when Google searches…
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Leveraged trading is the biggest risk to the crypto market in terms of what could cause “something to pop down the line,” according to Joey Krug, Co-chief Investment Officer (CIO) at US-based major crypto investment company Pantera Capital. (Updated at 19:20 UTC with more comments by Joey Krug). He was speaking during Pantera Capital’s conference…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news Bitcoin (BTC)’s volatility is simply part of the price discovery in a new asset class, and these are not bubbles, analysts at Man Group, the world’s biggest publicly traded hedge fund…
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A report has found that 71% of surveyed people in Argentina say they are “interested” in cryptoassets – and could be hoping that crypto will provide them with much-sought-after anonymity in transactions. The findings were compiled in a report based on a survey of 2,200 people carried out in the Latin America region by Sherlock…
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France-based major crypto hardware wallet manufacturer Ledger confirmed that Shopify hackers obtained Ledger customer personal information in April and June 2020. (Updated at 14:01 UTC: updates throughout the entire text.) "Along with forensic firm Orange Cyberdefense we were able to establish that it affects approximately 292,000 customers. While the database is 93% Read more »Pay,…
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In the aftermath of its recent connectivity issues that deprived numerous users of access to their cryptoassets amid skyrocketing prices, major crypto exchange Coinbase has issued an apology to its Europe-based customers. While putting the blame for the difficulties at the recent market rally and regulatory obligations, the exchange also vowed to implement changes to…
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Christine Lagarde. After claiming that bitcoin (BTC) is highly volatile, illiquid and speculative, Christine Lagarde, President of the European Central bank, now called for global regulation of this most popular cryptocurrency. “(Bitcoin) is a highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering Read more »Pay, Trade,…
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It sounds like every bitcoiner’s worst nightmare: A wallet stuffed with thousands of BTC…but with no keys to open it. The nightmare has become a reality for an American computer programmer who per the New York Times and the Guardian has been left with just two attempts to enter a correct password on his bitcoin…
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American financial advisors are growing increasingly crypto-keen, with a survey of almost 1,000 professionals in December showing that no advisors were looking to offload crypto holdings over the year ahead. The findings were compiled in a report about financial advisers and their crypto-related options published by the San Francisco-based asset management firm Bitwise. The Read…
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