Bitcoin price target is $120K, says analyst as key metric flips bullish

Financial regulators in South Korea have opened a window of time for people to come forward and report any unlicensed cryptocurrency exchanges operating in the country. Financial regulators in South Korea released an update on Dec. 4 asking users to report any unlicensed cryptocurrency exchanges offering services to users in the region. The Digital Asset Exchange

A recent report by ARK Investment Management LLC presents a strongly bullish case for Bitcoin’s (BTC) future value. The group projects that Bitcoin’s network capitalization will rise to $1-$5 trillion over the next five to ten years. The asset manager argues that Bitcoin offers one of the most attractive risk to reward ratios and should…

Molly Jane Zuckerman is the head of news at Cointelegraph. The views expressed here are her own and do not necessarily represent the views of Cointelegraph. This article contains spoilers.The irony of a book about the Winklevoss twins’ journey into cryptocurrency — which stresses over and over again how important it has been to their…

Meliuz first bought Bitcoin in March after its board of directors approved using up to 10% of the company’s cash to buy the cryptocurrency. Brazilian fintech firm Meliuz has floated a plan to expand its Bitcoin holdings and make the cryptocurrency a strategic asset on the company’s books. Meliuz, which provides cashback and financial technology

Terry Duffy, CEO of leading derivative market CME Group, has said that until governments start to accept cryptocurrencies, it is very difficult for major commercial banks to get involved in the market. Duffy made his comments during an interview with Bloomberg published on Feb. 14.When asked if Bitcoin’s (BTC) price has hit its bottom, Duffy…

Gold sinks to yearly lows against Bitcoin but Peter Schiff remains convinced that the former's price gains are ill-gotten. 417 Total views 11 Total shares Bitcoin (BTC) hit seven ounces of gold for the first time in over a year this week as the precious metal comes off all-time highs.Data from CoinGecko showed BTC/XAU returning…

The explosive combination of blockchain and physical assets is making a real difference in how young people can access traditionally illiquid, expensive and slow-moving physical assets such as property. Formerly a once or twice in a lifetime purchase for most people, this lucrative investment opportunity is now being democratized so everyone can share in the…

The underpinning technology for the U.K.’s CBDC could use an alternative to blockchain technology. The Bank of England (BoE) has made significant developments in its central bank digital currency (CBDC) program. Tom Mutton, director of fintech at the BoE, recently shared insights on the privacy aspect of the CBDC and why the central bank might look…

Anthony Pompliano and others have backed an alternative content platform that aims to give creators more revenue and freedom from shadowbans and demonetization. 3390 Total views 13 Total shares A new Social media platform called Locals has drawn strong backing from leading crypto figures as part of a push to escape big tech censorship.Locals Technology,…