Bitcoin price failed to extend gains above USD 19,500. As a result, BTC reacted to the downside below the USD 19,200 and USD 19,000 support levels. The price is currently (13:00 UTC) trading below USD 19,000 and it seems like there are chances of more downsides below USD 18,800 and USD 18,500. Similarly, there was…
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More than 200-year-old German lender Hauck & Aufhäuser (H&A), owned by the crypto-keen Chinese conglomerate Fosun, about to offer a new product to high-net-worth individuals and professional investors, looking to invest in cryptoassets. The bank said it is teaming up with the Berlin-based fintech Kapilendo to open a new crypto fund in January. The HAIC…
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Source: Instagram, Binance Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Binance expects to have profits of USD 800m to USD 1bn this year, up from about USD 570m last year, Bloomberg reported, citing Changpeng “CZ” Zhao, CEO of…
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As cryptoassets fight a bloody battle for survival and the top, the authorities will, as they did before, lead their own fight against private cryptocurrencies, said prominent hedge fund manager and bitcoin (BTC) bull Paul Tudor Jones. Nonetheless, crypto is still young, and BTC, in particular, may head "north," possibly becoming the one precious crypto,…
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Yesterday, bitcoin price made a failed attempt to gain strength above the USD 19,500 resistance. BTC bulls struggled to keep the momentum going, resulting in a short-term downside correction below USD 19,350. The price is currently (05:00 UTC) trading well above USD 19,000 and it seems to be preparing for the next crucial move. Similarly,…
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A LocalBitcoins user who claims he “got robbed while doing a cash trade” for bitcoin (BTC) on the popular peer-to-peer crypto trading platform now says that he has BTC 7 “still stuck in escrow” on the exchange. LocalBitcoins operates an escrow service for users who wish to add a layer of security to the transactions…
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Bitcoin mining rigs. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. DeFi news Decentralized finance (DeFi) platform Aave has announced today that Aave V2 is live on mainnet. The new version brings the ability to trade for free assets that are…
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Institutional investors are about to get another instrument to access cryptoassets as they have already poured billions of US dollars in bitcoin (BTC) only. And these investors are not looking to sell BTC anytime soon, according to analysts. Today, US-based major index provider S&P Dow Jones Indices (S&P DJI) unveiled plans to launch cryptoasset indexes,…
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In the past two days, there were mostly broad range moves in bitcoin price below the USD 19,500 resistance. BTC declined below USD 19,000, but it remained well bid above USD 18,500. The price is currently (05:00 UTC) trading near USD 19,000 and it seems to be preparing for the next crucial break. Similarly, there…
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Source: Twitter/@TheRealTahinis While more big companies and investors are turning into bitcoin (BTC) in search for a reserve asset and hedge against inflation, one Canadian small business shows that it might help smaller enterprises too. Canadian restaurant chain Tahini’s, which calls itself the "best Middle Eastern restaurant in the world," has been banging the BTC…
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