Tag: BTCGBP

UK FCA Bans Cryptocurrency Derivatives Starting January 2021

The United Kingdom Financial Conduct Authority plans to ban cryptocurrency derivatives and exchange-traded notes (ETNs) to retail customers from January 6th, 2021.   The FCA statement described such products as “ill-suited for retail customers due to the harm they pose.” The regulator outlined that retail customers are unable to determine a reliable value because of […]

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Bitcoin Price to Hit $100,000 in 2025: Bloomberg Market Analyst

Bitcoin Price to Hit $100,000 in 2025: Bloomberg Market Analyst

The world’s first cryptocurrency, Bitcoin, could have a $100,000 price tag 5 years from now, Bloomberg senior commodity strategist, Mike McGlone said. BTC has an illustrious history of adding more zeros to its value since 2011. This trend could continue well into the future. Also, the first cryptocurrency could attain a $14,000 price by the […]

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The Big Winners: $145 Million Worth Of Bitcoin Transferred From BitMEX to Binance and Gemini Following CFTC Fiasco

The Big Winners: $145 Million Worth Of Bitcoin Transferred From BitMEX to Binance and Gemini Following CFTC Fiasco

Cryptocurrency investors have withdrawn approximately 45,000 bitcoins from the derivatives exchange BitMEX following the recent charges brought by the US CFTC. A sizeable portion of the massive amount has ended up on two rival exchanges – Gemini and Binance. CFTC Charges Against BitMEX Owners As CryptoPotato reported last week, the US Commodities and Futures Trading […]

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The Mt.Gox 150,000 Bitcoin Return Deadline: Here is What You Need to Know

October 15th is approaching, and that’s the latest deadline for submitting a rehabilitation plan for reimbursing the Mt. Gox creditors. With them claiming over 150,000 bitcoins, which is about 15% of the total value owed to creditors, the community speculates on the potential market impact. October 15th: What You Need to Know The Mt. Gox […]

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Bitcoin Technical Analysis: BTC/USD Poised For Recovery Above $11,000

Bitcoin nurtures an uptrend after building on the support at $10,400 over the weekend. The pioneer cryptocurrency looks forward to a symmetrical triangle breakout, targeting levels past $11,000. Bitcoin is on its way to recovery towards $11,000. The reversal comes after the flagship cryptocurrency plunged to $10,400 last week. At first, price actions to the […]

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Donald Trump Health Token Now Available on Uniswap

Donald Trump Health Token Now Available on Uniswap

Trump may not like crypto, but the crypto-verse sure doesn’t miss a chance to mess with him. As proof that anything can be tokenized – no matter how trivial or influential – a derivative has just appeared on Uniswap to track the President’s health: Please welcome the Trump Health Index (THI). Little is known about […]

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Binance Coin (BNB) Back To Top 5 After 9% Weekly Gains: Bitcoin Price Stagnant (Sunday’s Market Watch)

Binance Coin (BNB) Back To Top 5 After 9% Weekly Gains: Bitcoin Price Stagnant (Sunday’s Market Watch)

Bitcoin has stayed in a relatively tight range between $10,500 and $10,600. Most large-cap altcoins performed similarly, except for Binance Coin. After a 9% increase for the week, BNB now occupies the 5th spot in terms of total market cap. Bitcoin Remains In A Tight Range Following the recent price declines from Friday and early […]

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Bitcoin Still Holds Crucial Support At $10.5K, But Eyes On The White House (BTC Price Analysis)

Bitcoin Still Holds Crucial Support At $10.5K, But Eyes On The White House (BTC Price Analysis)

For the past month, BTC’s volatility had decreased compared to the previous months. The primary cryptocurrency had mainly traded inside a $1K range between $10,000 and $11,000. Over the past week, Bitcoin reached the upper boundary of that range at $11K; however, the news coming from BitMEX charged by CFTC, along with President Trump’s hospitalization, […]

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Survey: Over 70% Have Spent Crypto For Goods And Services

Survey: Over 70% Have Spent Crypto For Goods And Services

Despite numerous reports indicating that Bitcoin HODLers are on the rise, a recent survey revealed the opposite. About 70% of participants that own digital assets answered that they had used them to make purchases such as food, clothing, and even education. Crypto Users Actually Spend Their Holdings BlockCard partnered with Bitcoin Market Journal to survey […]

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KuCoin CEO: We Have Found Suspects Of The Hack With Substantial Proof

After losing more than $250 million worth of cryptocurrencies in a security incident on September 26, KuCoin may have found new evidence to identify those responsible for the hack. It’s been exactly one week since Singapore-based cryptocurrency exchange KuCoin suffered what would be the third-largest hack in the history of crypto. And now, the exchange […]

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