In the past two sessions, bitcoin saw a bullish move above the USD 23,000 level. BTC climbed higher above the USD 23,200 and USD 23,500 resistance levels. It is currently (05:00 UTC) showing positive signs, but there are still many key hurdles on the upside near USD 23,880 and USD 24,000. Similarly, most major altcoins…
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Leading economists are suggesting that the world is heading for a sea change in terms of the way people use money – and think that cash’s days are numbered as digital forms of currency edge toward mainstream adoption. Per the Japan Times, Masashi Nakajima, a professor of Economics and Business Administration at Reitaku University, in…
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A leading Russian academic has told Moscow what many in the crypto world have been thinking for a very long time – that central bank digital currencies (CBDCs) like the so-called digital ruble will not provide many of the advantages of a cryptoasset like bitcoin (BTC). Speaking in an interview with Finveria, Vasily Solodkov, the…
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Younger Australian investors are driving the country’s increasing crypto ownership, accompanied by rising investments by high-end crypto holders, a recent survey showed. 18.4% of respondents said they own some form of cryptoasset, up from 16.8% in 2019, Independent Reserve (IR), an Australia and New Zealand-focused crypto exchange with around 150,000 customers, said in Read more…
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There is never a more appropriate time to do some fortune-telling in the Cryptoverse than the year-end holiday season. As this more than eventful 2020 is coming to an end, many are curious what the next year has in store for us. And though we can’t know for sure, industry insiders can certainly make some…
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Bitcoin topped near the USD 24,000 resistance zone and started a fresh decline. The price traded below the USD 23,200 support level and is currently (05:00 UTC) struggling to recover. Similarly, most major altcoins are gaining bearish momentum, including ethereum, XRP, EOS, XLM, LINK, BNB, XRP, TRX, bitcoin cash, litecoin, and ADA. ETH/USD declined heavily…
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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 Mogo Inc., a listed financial technology company that also operates MogoCrypto, a Canada-focused bitcoin (BTC) trading service, said that it plans to make an initial corporate investment of up to USD…
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International crypto players are amassing capital ahead of a fresh assault on the markets in the new year – with major players in South Korea and Switzerland announcing investment injections worth millions of USD. In South Korea, blockchain accelerator Hashed has announced that its Hashed Ventures arm has raised around USD 108.5m worth of private…
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Bitcoin price settled above the USD 23,000 level and it even climbed above the USD 23,500 level. However, BTC is struggling to clear the USD 23,880 and USD 24,000 resistance levels. It is currently (05:00 UTC) trimming gains and it could even revisit the USD 23,000 level. Similarly, most major altcoins struggled to continue higher…
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The number of banks around the world launching crypto custody just continues to grow – with a Puerto Rico-based so-called neobank named FV Bank the latest to board the gravy train. Per a press release, the bank announced that it had been given permission by the Puerto Rico regulatory Office of the Commissioner of Financial…
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