Bitcoin academics slam controversial ECB paper blasting Bitcoin
The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin’s price should be regulated or outright banned.
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Fed board issues order to Silvergate Bank as part of self-liquidation plan
Silvergate Capital Corporation and its crypto-friendly bank will have 10 days to submit a self-liquidation plan in compliance with California and federal requirements. The Federal Reserve Board of the United States has issued a consent order to Silvergate Bank and its parent company as part of the institution’s plans to “wind down operations” and liquidate.In…
Renowned stock picker believes Bitcoin will eclipse gold’s $10T market cap
It seems $600,000 a coin is the minimum target for analysts over at Ark Invest, who believe Bitcoin will match and then surpass the market capitalization of gold. 3895 Total views 17 Total shares Ark Invest believes Bitcoin’s (BTC) market capitalization will one day “comfortably eclipse” that of gold, and exceed $10 trillion, reports the…
NFT creator Doodles raises $54M in funding at $704M valuation
The firm said it will use the money from the raise to further enhance its intellectual property. 243 Total views 11 Total shares On Tuesday, nonfungible tokens (NFTs) collection Doodles announced that it had raised $54 million at a $704 million valuation in a funding round led by Seven Seven Six, with participation from 10T…
Binance.US Opens Account Registration for Puerto Rico Residents
The United States-based branch of major cryptocurrency exchange Binance, “Binance.US,” opened account registration and verification services for residents of Puerto Rico.According to an official announcement published on Sept. 30, Puerto Rico residents have the same levels of access as U.S. residents from those states already permitted to use the platform.The launch of Binance.USAs reported, Binance.US…
Friday’s $2.25B Bitcoin options expiry might prove that $17.6K wasn’t BTC’s bottom
Bitcoin (BTC) has been trying to break out of a descending trend for the past week and the first attempt on June 16 failed to break the $22,600 resistance. The second attempt at $21,400 on June 21 was followed by an 8% price correction. After two failed breakouts, the price currently trades below $20,000 and…
As Biden preps $3T stimulus, Bitcoin could be set to erupt
Biden’s fiscal stimulus plan could send the BTC price rocketing higher. 3177 Total views 13 Total shares The incoming Biden administration’s plan to flood the U.S. economy with trillions of dollars could ignite the next leg of the Bitcoin (BTC) bull market, as more investors seek refuge from a crumbling United States dollar. Axios, an Arlington-based…
Bitcoin enters make-or-break zone after BTC price snaps back to $38K
Bitcoin returns to 18-month highs as whipsaw BTC price action manages to avoid another open interest blowout. 839 Total views 19 Total shares Bitcoin (BTC) circled a key level into the Nov. 16 Wall Street open after copycat BTC price action produced a fresh attack on $38,000.BTC/USD 1-hour chart. Source: TradingViewBTC price matches 18-month highsData
Ethereum ETF decision due in hours as BTC price gets $80K May target
Bitcoin and Ethereum markets face a crunch day with volatility predicted around the Ether ETF decision.