So far this year BTC has advanced 81% while gold has fallen 7.7%. Large investors are shifting their positions in gold to investments in bitcoin. As bitcoin continues in an upward cycle, which has intensified in this year 2021, its position against gold as a store of value asset strengthens. The precious metal has fallen [...]
Source: Reuters Investors request amendment in SEC case against Ripple. They say that US exchanges are set to suspend XRP trading, which is going to hurt them economically. A group of investors in the cryptocurrency XRP filed a petition in the Rhode Island District Court, requesting a mandamus order or injunction against the [...]
Binance coin (BNB) fell over 13% compared to bitcoin. Only Chainlink (LINK) performed close to that of bitcoin last week. The upward momentum that the bitcoin (BTC) price has experienced recently has spread, as it usually happens, to the rest of the cryptocurrencies in the market. However, while the major altcoins have risen in value [...]
PayPal users will not be able to withdraw their bitcoin funds to an external wallet. Bitcoins cannot be sent to other Paypal accounts. PayPal announced this Wednesday that its users will be able to buy, sell and pay with bitcoin and cryptocurrencies from its platform. However, some of the details about the service raise doubts [...]
The BitMEX platform saw its reserves reduced by 49.55% in the penultimate quarter of the year. Data suggests that the number of users preferring non-custodial storage increased. Bitcoin reserves on exchanges such as Coinbase, OKEx, and BitMEX have dropped considerably in the penultimate quarter of the year. This is recorded by the BitUniverse platform, which [...]
Clayton views tokenization as positive as long as it is registered with the SEC. Blockchains will be "the internet of finance," according to Brian Brooks, Comptroller of the Currency The Securities and Exchange Commission of the United States (SEC) would have the disposition to promote the tokenization of shares through blockchains. This was stated by [...]
Bitcoin could be measured against the greats names of the corporate world, given its growth potential. To catch up with Apple, Bitcoin would have to grow 10 times. A 60% boom would bring it closer to JPMorgan. While Bitcoin is still on the scale of a midsize corporation, with a market capitalization of about $ [...]
Once the new currency is issued, it will be classified as M0 (cash issued by the central bank). Everything indicates that the government refines details, but there is no official launch date yet. The digital yuan will meet all the requirements to be accepted as legal money and will have all the functions of China’s [...]
Ruchir Sharma believes that next year the inflation of the dollar will be noticed. For Sharma, the next few years will be better valued stocks that preserve their value. Morgan Stanley’s head of emerging markets and global strategy commented that commodities such as gold would do well for the next 3-5 years, and included bitcoin [...]
Kraken -It is one of the safest cryptocurrency exchanges -It offers more than 130 pairs of cryptocurrencies. -Low trading commissions Visit Kraken Website Kraken is a popular cryptocurrency exchange where you can buy bitcoins as well as cryptocurrency pairs to speculate. Among the crypto asset trading platforms, Kraken is one of the most famous and [...]