The valuation and position backdrop has become a lot more challenging for the most popular cryptocurrency, bitcoin (BTC), on the first days of 2021, but the above-USD 146,000 theoretical price target should be considered as a long-term target, according to strategists at JPMorgan Chase & Co. However, they do not exclude that the current "speculative…
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South Korean politicians and senior public officials need not report their crypto holdings or cryptoasset-related earnings, a new report has claimed – and there are no plans to make them do so. Per the Electronic Times, no fewer than three bills that would have seen cryptoassets granted property rights (and thus obliged MPs and civil…
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Source: A screenshot, Instagram/trezor.io SatoshiLabs, the maker of the Trezor hardware wallet, saw a major increase in the popular wallet’s sales in the last month of 2020, and one of the reasons for the boost in numbers was their competitor Ledger’s ongoing data breach incident, according to the company’s Chief Technology Officer (CTO). "We have…
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Bitcoin price started a downside correction below the USD 32,500 support. BTC declined over 15% and it even spiked below USD 30,000. The bulls were active near USD 28,500 and the price is currently (13:00 UTC) trading above the USD 30,000 level. Similarly, there was a sharp downside correction in most major altcoins, including ethereum,…
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The Vancouver, Canada-based major blockchain firm Blockstream said it has launched an open-source, battery-powered hardware wallet for storing bitcoin (BTC) and digital assets issued on the Liquid Network, including tokens like the stablecoin tether (USDT). The wallet is named Blockstream Jade. Fronted by British Bitcoin OG Adam Back, a man some internet theorists Read more…
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A new year rally on the first weekend of 2021 accelerated on Sunday as top cryptoassets keep grinding higher, with bitcoin (BTC) jumping above USD 34,000 and ethereum (ETH) surpassing USD 800 for the first time since May 2018. At the time of writing (09:20 UTC), BTC trades at USD 34,135 and is up by…
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Source: Adobe/Fox_Dsign On the eve of its 12th birthday, the most popular cryptocurrency, bitcoin (BTC), surpassed another milestone, jumping above the USD 30,000 level for the first time just two weeks after it returned to USD 20,000. At the time of writing (12:52 PM UTC), BTC trades at USD 30,723 and is up by almost…
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There were positive moves in bitcoin price above the USD 28,800 pivot level and USD 29,000. BTC traded to a new all-time high close to USD 29,500 and it is currently (04:00 UTC) trading in a positive zone. It seems like the price might continue to rise towards USD 29,800 and USD 30,000 in the…
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After setting a new all-time high, bitcoin price corrected lower below USD 29,000. However, dips were limited in BTC below USD 28,800. It is currently (12:30 UTC) trading well above important supports and seems to be aiming for a test of USD 30,000 in the near term. Similarly, most major altcoins are seemingly gaining bullish…
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Big American companies like MicroStrategy have made the headlines this year with their bitcoin (BTC)-buying policies, but companies in Colombia may be set to follow suit – after a corporate watchdog in the nation green-lighted the practice of holding capital reserves in crypto. In an official notice, the Superintendency of Corporations (Superintendencia de Sociedades), Read…
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