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Institutions are Adopting Crypto, Deutsche Börse’s Bitcoin ETF Trading Volume Nears Traditional ETFs

January 15, 2021 , , , , , , , , , , , , , , , , , , , , , , Eddy 0

German exchanges hosting the bitcoin ETF recorded volumes equivalent to many of its popular traditional exchange-traded funds.  Bitcoin Exchange-Traded Crypto (BTCE), Deutsche Börse ETF  is one such product currently in high demand and recorded an average daily trading volume of  €57m in the first 11 days of January, reported Financial Times. The Bitcoin ETF traded […]

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IMF Poll: Digital Currencies Are Real Money

IMF Poll: Digital Currencies Are Real Money

January 15, 2021 , , , , , , , Eddy 0

The debate as to Bitcoin and other cryptocurrencies are real money has been going on ever since the nascent assets came into existence. Both sides have their proponents.  Nevertheless, according to a recent poll, the overwhelming majority of respondents tend to think that digital currencies are, indeed, money.  Digital Currencies Are Real Money: Poll Results […]

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Deltecbank Reveals Huge Position in Bitcoin, Why Tether Might be in Trouble Again?

January 15, 2021 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Deltecbank, a Tether banking partner recently revealed that they own a position in Bitcoin which under normal circumstances would be bullish news, however, given NYAG lawsuit against Tether and Bitfinex for manipulation of funds and Tether being a stablecoin issuer makes it quite a tricky situation and not a good one for Tether. Deltecbank’s chief […]

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Tether (USDT) Conspiracy Tosses Again As We Arrive at The D-Day of January 15

January 15, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Today, January 15th is a crucial day for crypto market as the conspiracy around the use of USDT stablecoin by Tether and its alleged relationship with crypto exchange Bitfinex is catching up the heat. Tether is once again in the limelight because the stablecoin issuer has pumped an additional $4.2 billion worth of USDT coins […]

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Crypto India: Indian Cops Arrest 26-year old For Stealing $1.2 Million in Bitcoin

January 15, 2021 , , , , , , , , , , , , , , , , , , , , , Eddy 0

Indian law enforcement agency has arrested a 26-year old hacker from Bengaluru Karnataka for stealing nearly 9 crore INR worth of Bitcoin equivalent to about USD 1.2 million from three different exchanges and Poker website, as per news reported by ANI. The investigation against the accused was led by the Bengaluru Joint Commissioner Of Police […]

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Crypto Twitter: IMF’s Twitter Poll On Digital Currency Goes Viral, What’s so Special?

January 15, 2021 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

An interesting twitter poll titled, “Are Digital Currencies Real Money” regarding digital currencies posted by International Monetary Fund [IMF] has already received 75K votes and counting. Surprisingly, more than 80% of all the voters till now agree to this notion and believe Digital Currencies are actual Money. Are digital currencies really money? #poll — IMF […]

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Bitcoin Stalls Below $39K As Polkadot Surges to $15 And Becomes 4th Largest Crypto (Market Watch)

Bitcoin Stalls Below $39K As Polkadot Surges to $15 And Becomes 4th Largest Crypto (Market Watch)

January 15, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin has failed to break above $40,000 again and has stalled beneath $39,000. The altcoin situation is significantly more volatile, with Ethereum jumping north of $1,200 and Polkadot surpassing XRP as the fourth-largest crypto following a 30% surge. ETH Above $1,200, DOT Takes The 4th Spot The alternative coins demonstrated high volatility levels in the […]

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Six-Figure Bitcoin Price Predictions Back on The Table

January 15, 2021 , , , , , , , , , Eddy 0

This has resulted in the renewal of six-figure price predictions for this market cycle, with some suggesting a top of $300,000 this time around. At the time of writing, Bitcoin was trading at $37,900 after reaching an intraday high of $40,000 according to Tradingview.com. The asset had started to fall back during the Asian trading […]

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Breaking: Right-Wing Activists Received Large Bitcoin (BTC) Donations Before U.S. Capitol Riots

January 15, 2021 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Just as the U.S. Congress lawmakers are working on impeachment proceedings on U.S. President Donald Trump, there’s a sensational revelation coming about last week’s riots that took place in the U.S. Capitol. As per an exclusive Yahoo News report, right-wing activists received payments in Bitcoin (BTC) a month before from foreign accounts. FBI’s retired assistant director […]

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Bitcoin displays strong technicals for new record high as futures open interest hit $13 billion

January 15, 2021 , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin retests $40,000 after recovery almost 30% in two days. Bitcoin open interest increases 74% from the previous month, suggesting high investor optimism. Bitcoin has brushed shoulders with $40,000 again following the early week breakdown to $30,000. The pioneer cryptocurrency has presented a strong bullish front in the last couple of days by first, holding […]

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