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Bitcoin could hit $146K long-term by 'crowding out gold,' says JPMorgan
5.1.2021
Strategists at the American megabank believe the cryptocurrency has a chance to hit $146,000 in future years if it can evolve into a compelling alternative to gold
JPMorgan Predicts Bitcoin Price Could Rise Over $146,000 in Long Term
5.1.2021
Bitcoin is increasingly competing with gold as an investment asset and has scope for substantial gains over coming years, according to JPMorgan strategists
Current Bitcoin 'Mania' 'Unsustainable', Long-Term Target - Over USD 146K - JPMorgan
5.1.2021
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 &...
Expert: Defi Could Be a Common Term in the Financial Industry in 2021
26.12.2020
The founder of defi-related fintech Yield believes 2021 will be the year that decentralized finance (defi) becomes a “common term” in the financial industry, as the sector is now taking it seriously and building R&D labs. The Financial Industry Is Now Taking Defi Seriously, Says...
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
It’s Always Year Zero
16.12.2020
In the short term, opinions about technology often follow a compressed form of Laver’s Law:
Everything just before me was completely broken.
Everything that comes after me is completely unnecessary.
Everything I use right now is perfectly fine; stop changing things.
We tend to judge things based...
Bitcoin on Exchanges Drop to Lows Not Seen Since 2018, Long-Term Holders Realize Profits
14.12.2020
According to data, bitcoin balances on exchanges are shrinking a great deal and have dropped to levels not seen in two years. Arcane Research detailed that charts showing the number of bitcoin leaving exchanges has seen a sharp decline and has been “one of the main stories of the year.”...
Bitcoin whale clusters pinpoint $18.6K as key short-term resistance
12.12.2020
Bitcoin whale clusters show that the $18,600 level is the most important short-term resistance level for BTC price
Major Insurer Massmutual Invests $100 Million in Bitcoin for Long-Term Value
11.12.2020
Leading life insurance company Massmutual has become the latest big company to invest a huge sum of money in bitcoin. Massmutual believes that having a bitcoin position in its investment account will help the company deliver long-term value to its insurance policyholders. Massmutual Buys Bitcoin...
Canadian Crypto Company Increases Its Bitcoin Treasury Holdings to $3.6 Million
10.12.2020
BIGG Digital Assets, a Canadian crypto company, revealed this week that it bought 40 additional bitcoins for long-term treasury holding. The purchase increased BIGG’s reserves to 189.5 bitcoins valued at US$3.63 million in total. The Canadian Securities Exchange-listed firm spent about CAD$1...
Bitcoin price short-term pullback is very possible for 4 key reasons
8.12.2020
Bitcoin price is hovering around $19,000 again after a sharp intraday drop. There are four reasons BTC is primed for a further pullback
Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market
8.12.2020
A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear...
Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks
6.12.2020
The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors...
OCC Chief Hints at Coming ‘Good’ Actions on Crypto by End of Trump’s Term
4.12.2020
Brooks hinted at a flurry of crypto clarity actions in the next 6 weeks that could drive more institutions into the asset class
$3.6 billion worth of Bitcoin coaxed from long-term storage by November rally
4.12.2020
Amid November’s 42% Bitcoin rally, roughly 185,600 BTC that hadn't moved in at least 12 months was transferred on-chain
Exchange Blunder Exposes Names and Email Addresses of ‘270,000 Users’
2.12.2020
"You lost a long-term customer today," one disgruntled user wrote.
The post Exchange Blunder Exposes Names and Email Addresses of ‘270,000 Users’ appeared first on CoinMarketCap Blog
Ideaology’s IDEA Token – Uniting Freelancers and Startup Innovators
1.12.2020
PRESS RELEASE. The term “ecosystem” flies on the radar within the blockchain and business development industries nowadays. There must be a great need for a productive, digital, and self-sustaining environment with all the essential ingredients for investing, business development,...
Airbnb IPO Prospectus Says Future Success Means Adapting to Cryptocurrencies
20.11.2020
The giant online rental marketplace based in San Francisco, Airbnb is considering supporting cryptocurrencies and blockchain technology. The news stems from the company’s initial public offering (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC). Airbnb’s filing...
Crypto-Friendly Brooks Gets Nod to Serve 5-Year Term Leading Bank Regulator
17.11.2020
Outgoing U.S. President Donald Trump has nominated Acting Comptroller Brian Brooks to take on a more permanent role leading the bank regulator