Bitcoin can still drop to $20K but holding remains winning strategy, data shows
A majority of Bitcoin investors that held the cryptocurrency during its turbulent periods stand profitable. Go to Source Powered by WPeMatico
Month: May 2021
BOJ’s Kuroda Criticizes Bitcoin — Central Bank Governor Says Trading Is ‘Barley Used for Settlement’
Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BOJ’s Kuroda Says Bitcoin ‘Volatility Is Extraordinarily High’ Bitcoin prices have slumped again on Friday after a tumultuous week. After tapping a daily … Read more
Australian tax office: Report crypto profits or else
The ATO said it already knows who is invested in cryptocurrencies and expects cooperation. Go to Source Powered by WPeMatico
Crypto firms not meeting AML standards, says UK minister
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year. Go to Source Powered by WPeMatico
Crypto derivatives market down but not out as $3B expiry sours the mood
The spot price crash reveals a high correlation with the derivatives markets as nearly $3 billion worth of options stand to expire in May. Go to Source Powered by WPeMatico
SuperBid (SUPERBID) Token Is Now Listed on Bitcoin.com Exchange
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of SUPERBID, being available to trade on the 28th May 2021 at 12:00 UTC. The SUPERBID token was created by its respective team to fuel it’s social-auction app enabling its users to connect influencers with their fans in exchange for items, experiences, and NFTs. SUPERBID … Read more
Bank of Japan governor slams Bitcoin, calls BTC a speculative asset
The BOJ governor says Bitcoin is a speculative play while issuing warnings over price volatility. Go to Source Powered by WPeMatico
NFT Weekly Roundup: Bluezelle’s Innovative Solution, Rob Prior’s Live Stream, Ap’s Iconic NFT Collection, and the Br8ve Auction
While cryptocurrencies experienced their fair share of ups and downs over the week, nothing is holding back the stratospheric rise of NFTs. As another busy week comes to a close, a lot has unfolded in the world of NFTs. Here’s a quick rundown of the top events of this week. Bluzelle Revamps Itself to Overcome … Read more
Shutting down Bitcoin is impossible, Ark Investment founder says
Multiple efforts to ban Bitcoin couldn’t stop the largest cryptocurrency from becoming a $1-trillion asset earlier this year. Go to Source Powered by WPeMatico
Dogecoin whale activity slows down as billions of dollars depart blockchain
Doge’s recent surge in network activity appears to be grinding to a halt. Go to Source Powered by WPeMatico
