Why is Bitcoin price down today?
Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.
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India: Central Bank Report States Crypto Does Not Threaten Financial Stability
The Reserve Bank of India (RBI) has stated that cryptocurrencies currently pose no threat to financial stability in its recent financial report, published Dec. 28.The document entitled “Report on Trend and Progress of Banking in India 2017-18” reads:“[C]rypto-assets do not pose risks to global financial stability currently. The market continues to evolve rapidly, however, and…
Crypto investment firm Q9 gets provisional approval to operate in Dubai
The Hong Kong-based company will join the likes of Binance, Crypto.com, OKX and FTS, who’ve also opened offices in the UAE. 158 Total views 9 Total shares A Hong Kong-headquartered crypto investment platform, Q9 Capital, received provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA). The company announced its expansion to the UAE…
Focusing too much on Bitcoin Uptober is a ‘mistake,’ says crypto trader
A crypto trader opined that market participants should step back from the Bitcoin “Uptober” hype and look at the bigger picture.
French Tobacco Shops Start Selling Bitcoin Despite Regulatory Uncertainty
Several tobacco shops in Paris, France, have started selling Bitcoin (BTC) for fiat despite regulatory uncertainty, Reuters reports Tuesday, Jan. 8.Reuters has learned that the world’s largest cryptocurrency can now be purchased at six tobacco shops throughout Paris. However, in a contradicting report French magazine Capital has claimed that there are as many as 24…
Waka Flocka Flame token launch faces insider trading allegations
Around 40% of the coin’s total supply was scooped up before Waka Flocka Flame announced the launch.
40% of Goldman Sachs’ clients already have exposure to crypto, survey shows
American investment bank Goldman Sachs confirms its crypto desk plans and reports that 40% of its surveyed clients already have exposure to crypto. 2743 Total views 18 Total shares American banking giant Goldman Sachs has officially confirmed its plans to revive a cryptocurrency trading desk amid increasing demand from investors.Matt McDermott, global head of digital…
Dan Tapiero launches $200M investment fund for late-stage crypto firms
The SEC filing notes the 10T Fund’s first sale occurred on Jan. 29, with $76 million remaining to be sold. 2671 Total views 9 Total shares Macro investor Dan Tapiero has launched a $200 million fund intended to invest in mid- to late-stage companies in the digital asset ecosystem.According to a Notice of Exempt Offering…
Uptrend Broken? Bitcoin Tumbles Below $10K as Greed Hits 6-Month High
Bitcoin (BTC) has fallen below its landmark $10,000 price point after failing to break $10,500 resistance, mimicking a similar $300 drop earlier this week. Crypto market 1-day price chart. Source: Coin360Bitcoin drops to $9,800sCoin360 and Cointelegraph Markets data show Bitcoin has fallen below the $10,000 big-even, to a press time price of $9,884. “Good response by the…