Trump's Bitcoin policies depend on US economic standing — Ki Young Ju
Although the US dollar has lost over 90% of its value since 1913, it continues to dominate all other fiat currencies as a store of value.
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The cryptocurrency market has grown beyond many people’s expectations over the past decade. The nascent industry has managed to change mainstream perception quite significantly, especially in 2021, which saw many traditional financial institutions adopt crypto in one form or another.Some of the biggest public companies such as MicroStrategy started using Bitcoin (BTC) as a treasury…
XRP price fails to ignite recovery as SEC enforcement director leaves post
XRP lost value on a day when the rest of the market kickstarted a sizable recovery, as the SEC enforcer behind Ripple Labs’ $1.3 billion lawsuit announced his departure. 1307 Total views 5 Total shares The XRP (XRP) price remained relatively unmoved on Thursday, Jan. 14, even as the broader cryptocurrency market ignited a recovery…
Crypto Markets See Mixed Action While Bitcoin Holds $3,900, US Stocks Rise
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Chinese residents make 20K transactions in digital yuan trial event
The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents. 280 Total views 3 Total shares People in China have conducted roughly 20,000 transactions through e-commerce company JD.com in a trial of the country’s digital yuan.According to local media outlet Global Times, JD.com reported that…
Price Analysis Jan 20: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA
The total market capitalization of the crypto space rallied from about $184 billion on Jan. 3 to a high of $250 billion on Jan. 19. That is a 35% gain within a short span of time. Usually, fast-paced rallies do not last long, hence, for the long-term health of the markets, it is better to…
Italian Banca Generali to debut crypto services next year
Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider. 375 Total views 3 Total shares Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio…
$1.89 billion liquidated: Why did Bitcoin and ETH price correct sharply overnight?
In the last 24 hours, $1.89 billion worth of futures positions have been liquidated after Bitcoin (BTC) and Ether (ETH) sharply fell, with BTC reaching below $46,000 on Binance.BTC/USDT 15-minute price chart (Binance). Source: TradingView.comMost of the liquidations came from Bitcoin and Ether, which accounted for $555 million and $336 million, respectively. But altcoins like…
Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’
If Bitcoin fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken, but some aren’t as pessimistic.