Traders split on BTC price outlook after Bitcoin dips below $47K
Forecasts for the short term include a deeper dive towards $40,000 but also an imminent surge back above the $50,000 mark. Go to Source Powered by WPeMatico
Month: August 2021
Nifty News: Vogue tokenizes magazine covers, autographed Tesla and more…
Vogue Singapore has tokenized its front covers, Animoca Brands expanded its investment portfolio, and acclaimed producer Rob Weiss has signed up to direct a crypto series. Go to Source Powered by WPeMatico
Hacked Liquid exchange receives $120M debt funding from FTX
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised. Go to Source Powered by WPeMatico
11% of young Americans have invested their stimulus checks into crypto
Young Americans are choosing crypto over mutual assets and ETFs to invest their stimulus checks. Go to Source Powered by WPeMatico
OnlyFans reverses decision to ban porn after assurances from ‘banking partners’
At least one bank appears to have changed course after OnlyFans went public about banks blocking payments. Go to Source Powered by WPeMatico
Crypto soars to account for 73% of trading commissions on eToro in Q2
According to eToro’s Q2 report, crypto drove the 125% surge in trading volumes in Q2, with crypto representing 73% of total trading commissions. Go to Source Powered by WPeMatico
Asset managers and companies accumulate 1.2M Bitcoin worth $57 billion
While asset managers have accumulated 4% of Bitcoin’s supply, private and public companies have also amassed 1% each. Go to Source Powered by WPeMatico
Rich Dad Poor Dad’s Robert Kiyosaki Says Bitcoin Is the Investment With ‘the Greatest Upside’
Rich Dad Poor Dad author Robert Kiyosaki says “Bitcoin has the greatest upside.” He also revealed that he invests in the cryptocurrency because he does not trust “our leaders, the Fed, Treasury, nor the stock market.” Robert Kiyosaki Reveals Why He Buys Bitcoin, Says the Crypto Has the Biggest Upside Robert Kiyosaki, the renowned author … Read more
UK Regulator FCA Says Crypto Exchange Binance Has Complied With Its June Requirements
The U.K. financial regulator, the Financial Conduct Authority (FCA), has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on the company in June. The FCA further clarified that while Binance is allowed to provide some investment services, it is not authorized to provide services related to crypto assets in the U.K. … Read more
Bitcoin Miners May Face Major Semiconductor Shortage — Sub-16 Nanometer Chip Costs to Rise by 20%
Fears of a major semiconductor chip shortage have started to make headlines again as the chips power nearly everything from new cars, phones, computers, and a myriad of other items. Reports stemming from Malaysia show that semiconductor manufacturers are dealing with an uptick in Covid-19 cases and this is plaguing the supply chain. Moreover, the … Read more
