Tag: BTCMXN

S&P Dow Jones to Launch Two Crypto Indices in Association With Lukka

S&P Dow Jones Indices, a subsidiary of financial data provider S&P Global Inc has become the latest mainstream financial company to join the growing crypto bandwagon as they announced that they would be listing two cryptocurrency indices by 2021 The listed crypto indexes would make use of data from a New-York based virtual currency company […]

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North America Gets Its First Enterprise-Grade Bitcoin Mining Pool from Titan

North America is all set to get its first enterprise-grade Bitcoin mining pool and thanks to Titan. As Bitcoin continues to gain new highs, enterprises are having a close watch on the opportunities in the Bitcoin mining market. titan is popular in North America as a leading developer of software and services that deliver scalable […]

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Brexit Party Leader Calls Bitcoin “Ultimate Anti-Lockdown Investment”

Nigel Farage, the leader of the Brexit Party who has been in the news for protesting government lockdowns in the UK is the latest politician celebrity to bat for bitcoin. Farage also writes a newsletter to his subscribers called “Fortune & Freedom” published by Southbank Investment Research Limited. In his latest edition of the newsletter, […]

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Bitcoin (BTC) Liquidity Crisis Is Coming As Institutions Build Long Term Positions

“We are just getting started!” that’s what Grayscale director Michael Sonnenshein said two days back in an interview with CNBC. Grayscale runs one of the biggest Bitcoin Funds – Grayscale Bitcoin Trust (GBTC) – that manages over $10 billion worth of assets. Interestingly, the director’s comments soon after Guggenheim Partners filed with the SEC to […]

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Bitcoin in a precarious situation: To dive to $18,000 before the final approach to $20,000

Bitcoin is on the cusp of a breakdown to $18,000 before resuming the uptrend to $20,000. On-chain metrics reveal a single bump, slightly above $19,000 that must come down to pave the way for gains to higher levels. Bitcoin appears to have a clear path to the coveted $20,000. However, attempts to break out to […]

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Breaking: Visa Partners With Ethereum Based U.S. Dollar Coin [USDC]

Visa known for its credit cards today announced a partnership with U.S. Dollar Coin [USDC] built on ethereum [ETH] blockchain. This announcement comes just few days after ethereum completed its much awaited ETH 2.0 update. Many crypto experts are seeing this as a bullish sign for crypto industry. 60 Million Merchants on Visa’s network to […]

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World’s Largest Asset Manager BlackRock’s CEO Sees Bitcoin Booming Into a Global Market

BlackRock, world’s largest asset manager with over $7 trillion assets across equity, fixed income, cash management, alternative investment, real estate and advisory strategies seems to have taken note of Bitcoin and its growing popularity among institutional investors. Recently, the CEO of the firm Laurence D. Fink along with Central Bank governor Mark Carney at the […]

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Bitcoin (BTC) Turning Out A Hedge Against Gold As Its Decouples From the Yellow Metal

Bitcoin (BTC) continues to build strong momentum as a potential inflation-hedge and store of value as it gains an edge over Gold. With the BTC price moving closer to $20,000, it has started decoupling itself from the yellow metal. Interestingly, some veteran investors like Raoul Pal have started liquidating their Gold portfolio and are shifting […]

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Bitcoin (BTC) Gives Highest Ever Monthly Closing At $19,700 in November 2020

Over the last two days, Bitcoin (BTC) has given a phenomenal move as its trades just short of its all-time high of $20,000. On Monday, November 30, the world’s largest cryptocurrency gave the biggest ever monthly closing in history at $19,700. 🔴 My fellow bitcoiners, the bull market is upon us. Like clockwork November red […]

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Bitcoin masterplan breakout eyes $22,500 as crypto bull market nears the ultimate flipping point

Bitcoin exchanged hands at its all-time high for the first since 2017’s bull market Bitcoin is banking on establishing higher support, preferably above $19,000 to help in the mission to $22,500. Bitcoin traded at its all-time for the first time since December 2017, although an untimely correction seems to be coming into play. The main […]

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