EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money

EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief MoneyThe world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2.1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension benefits expiring. Reports say that the estimated $3 trillion HEROES Act will […]

The post EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC

Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTCA number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4.6 trillion in cash sitting on the sidelines right now, could very well flow into precious metals and crypto-asset markets. Moreover, other investors have […]

The post Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum

Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies. The precious metal trades are available for 24/7 trading with immediate cash settlement, the company announced on May […]

The post Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%

With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week and investors were also paying a 20-30% premium. Since […]

The post With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30% appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Online Bullion Marketplace Onegold Sees $50 Million in Crypto Payments

Online Bullion Marketplace Onegold Sees $50 Million in Crypto PaymentsOn January 13, the online bullion marketplace Onegold announced the launch of a new mobile application so customers can buy, sell or redeem precious metals at any time. Since 2018, Onegold has accepted cryptocurrencies like BCH and BTC and the firm currently gives customers a 2% discount for paying with cryptocurrencies. According to Bitpay, Onegold […]

The post Online Bullion Marketplace Onegold Sees $50 Million in Crypto Payments appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Market Update: Low Volumes and Uncertainty Shake Crypto Traders

Market Update: Low Volumes and Uncertainty Shake Crypto TradersThe majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only $60 billion in worldwide crypto trades in the last 24 […]

The post Market Update: Low Volumes and Uncertainty Shake Crypto Traders appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico