Elon Musk’s X removes crypto emojis, leaving community puzzled
Bitcoin is not the sole cryptocurrency that has seen its hashtag emoji removed from X amid the Bitcoin 2024 Conference kicking off on July 25.
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Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the beginning of 2022 — and now that inverse relationship is more extreme than ever.Bitcoin and the dollar go in opposite waysNotably, the weekly correlation coefficient between BTC and the dollar dropped to 0.77 below zero in the week ending July…
Institutional investment will boost Bitcoin to $75,000, says SEBA CEO
“We believe the price is going up. Our internal valuation models put the price per BTC right now of between 50,000 to 75,000,” says Guido Buehler, CEO of Seba Bank. 198 Total views 8 Total shares The CEO of Swiss-based financial institution SEBA Bank shared his predictions for Bitcoin in 2022. A boon for BTC bulls, Guido Buehler…
Hong Kong’s Securities and Futures Commission warn of nonfungible token risks
The regulatory agency's main concern was the rise of unregulated collective investment schemes in NFTs. 68 Total views 2 Total shares On Monday, Hong Kong's Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote: "As…
Estonia: Amendments to Anti-Money Laundering Regulations Will Tighten Crypto Regulation
The Estonian Ministry of Finance will shortly add amendments to a recently-passed financial bill that are meant to “tighten” crypto-related regulation, Estonian financial newspaper Äripäev reports Nov. 28.According to the article, a new version of the Anti Money Laundering (AML) and Terrorist Financing Prevention Act came into force this week in Estonia, conforming legislation to…
‘We want to be the AWS of crypto,’ says Coinbase exec
With Amazon Web Services (AWS) being one of the most popular cloud service providers on the planet, it's no surprise that Coinbase, a cryptocurrency exchange based in the United States, is attempting to capitalize on its success by developing its own cloud infrastructure solution, Coinbase Cloud."We want to be the AWS of crypto," said Coinbase…
3 key indicators traders use to determine when altcoin season begins
Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. 373 Total views 4 Total shares It's widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), which makes times like these for crypto traders who prefer to invest in altcoins. When BTC price…
Valkyrie Funds to liquidate Bitcoin-related ETF by late October
Despite delisting VBB, Valkyrie still continues to manage the Bitcoin Strategy ETF and its Bitcoin futures ETF and the Valkyrie Bitcoin Miners ETF. 384 Total views 11 Total shares
Bitcoin Price 93% Unlikely to Hit $20K by End of 2019, Data Claims
There is a 93% chance that Bitcoin (BTC) prices will not surpass their all-time high of $20,000 this year, according to market forecasts.The latest data, from analyst “Skew” on Twitter, suggests the odds are lengthening for investors betting on BTC prices breaking records this year.Little expectation of Bitcoin price miracle in 2019Skew noted October’s deadline for the…