Month: December 2020

How To Invest In Bitcoin For The FIRST Time – My Top 3 Ways ( Bitcoin Investing For Beginners )

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Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC

Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC

The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. The Alleged Misinformation …

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The US has already lost the 2020 crypto regulation race to Europe

The US has already lost the 2020 crypto regulation race to Europe

2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, such as PayPal’s decision to enable its users to buy and sell Bitcoin (BTC), have understandably dominated the headlines. However, pivotal regulatory developments across the globe have largely flown under the radar …

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High volume surge propels Bitcoin price to a new all-time high at $29,000

High volume surge propels Bitcoin price to a new all-time high at $29,000

Within the last hour, Bitcoin (BTC) price rallied to set a new all-time high at $29,000.  On Dec. 29 Bitcoin price attempted to push through a stiff resistance cluster at $28,500 but after rallying to $28,600 the price rejected with a sharp correction to $27,300. Daily cryptocurrency market performance. Source: Coin360 Today’s move to $29,000 …

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Double downtrend lines intersecting

Double downtrend lines intersecting

Cryptocurrencies Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin Currencies EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF Stocks Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc Indices S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index Futures Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin Bonds …

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Heavy hitters of crypto call for users to comment on proposed FinCEN wallet rule

Heavy hitters of crypto call for users to comment on proposed FinCEN wallet rule

A number of players are encouraging individuals to speak out against FinCEN’s new crypto rules before comments close next week. Crypto exchange Coinbase and the foundation behind Monero are the latest firms to join in calling for crypto users to share their thoughts on the U.S. Treasury’s Financial Crimes Enforcement Network’s new rules. In a …

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Bitcoin Sets Eyes on $30,000 After Logging Another Record High

Bitcoin Sets Eyes on $30,000 After Logging Another Record High

Bitcoin careened to another record high on Wednesday amid concerns about this year’s huge stimulus packages. The flagship cryptocurrency continued to attract capital from investors that view it as a hedge against fiat devaluation and inflation. On Tuesday, SkyBridge Capital investment revealed that it had invested about $182 million in Bitcoin ahead of its proprietary …

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Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020

Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020

The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets soared again on Wednesday morning, as the price per …

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'Bitcoin liquidity crisis' — BTC is becoming harder to buy on exchanges, data shows

‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows

Bitcoin is becoming more difficult to buy, according to analysts at Glassnode. The amount of BTC received and spend among entities is decreasing, which means the liquidity is declining. If Bitcoin (BTC) liquidity is low, it means there is less BTC available to buy and sell. In the medium term, this could make BTC even …

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