Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold correlation shows
The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets. Go to Source Powered by WPeMatico
Month: September 2021
Bitcoin price to hit $100K in 2021 or early 2022: Standard Chartered
Experts agree that a $100,000 price tag for Bitcoin by the end of the year would also exponentially boost Ether’s price. Go to Source Powered by WPeMatico
Institutional investors dominated the DeFi scene in Q2: Chainalysis report
Big-money players accounted for the majority of transactions in the decentralized finance crypto market in Q2 2021. Go to Source Powered by WPeMatico
More countries to follow El Salvador’s Bitcoin move, Cardano creator says
El Salvador’s Bitcoin acceptance is a major win for the cryptocurrency industry, Cardano founder Charles Hoskinson believes. Go to Source Powered by WPeMatico
Chairman of Nigerian Economic Crimes Commission: Crypto Growth Is a ‘Far Greater Danger to the World Economy’
The chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has singled out the growth of cryptocurrencies as something that now poses “a far greater danger to the world economy.” Therefore, in order to deal with such dangers or threats, Bawa advocates for a “collective and collaborative approach by authorities around the world.” … Read more
SubQuery raises $9M for Polkadot data protocol
Blockchain venture capitalists continue to fund Polkadot projects with growing conviction. SubQuery aims to bring data indexing infrastructure to the network. Go to Source Powered by WPeMatico
Despite Bitcoin price crash, BTC is the internet of value transfer: Novogratz
Retail investors had good reasons to overextend in the crypto market, says billionaire Bitcoin bull Mike Novogratz. Go to Source Powered by WPeMatico
Central Bank of Brazil Director States Government Will Know ‘Everything You Have in Bitcoin’
Mauricio Moura, a current director of the Central Bank of Brazil, stated that anonymity won’t be a choice when making cryptocurrency transactions in the country. The representative stated that, sooner or later, all users would have their transactions identified by the government. These comments came at an event promoted by the Institute of Professionals for … Read more
Kraken Australia CEO talks the August market report and BTC price slump
“We always see corrections when we get to all-time highs. I think it’s a natural part of the cycle,” said Kraken Australia CEO Jonathan Miller. Go to Source Powered by WPeMatico
SEC threatens to sue Coinbase over crypto yield program it considers a security
“They refuse to tell us why they think it’s a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened to sue Coinbase. Go to Source Powered by WPeMatico
