First Mover: Laser Eyes Can’t Stop Correction as Bitcoin Tumbles to $53K
The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.
The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.
The two commercial banks join the six state-owned banks already participating in the CBDC trial.
Financial indexes bring legitimacy to emerging asset classes, CoinShares Chairman Danny Masters told CoinDesk.
The deal will also see the two firms work together to develop miners built to Argo’s specifications.
Analysts are mixed on how low bitcoin might go if a bigger pullback is seen.
"The largest token burn in history" will start Monday, the firm said.
The firm said it has now reached its internal product limit for exposure to cryptocurrencies after an FCA ban on crypto derivatives in January.
The man was arrested in his car, where police found $1 million in cash, cocaine and electronic devices.
With liquidity falling in the bitcoin market, smaller trades can have a relatively large price impact.
The reported move comes as India is moving towards a potential ban on non-governmental cryptocurrencies.
The batch of 34 NFTs was purchased by a whale who paid 557.5 ETH, or roughly $1 million.
This week’s congressional hearings, as well as the appearance of new institutional onramps, point to growing investor interest in a new type of capital market.
For all of 2020, bitcoin rose 305%.
A subsidiary of a firm overseeing more than $230 billion in assets will work with Galaxy Digital on what could be the third bitcoin ETF in Canada.
Two-fifths of U.S. investors think investing in the cryptocurrency market is no more risky than putting money into stocks.
Carney has argued for a digital replacement to fiat, amid the U.S. dollar’s waning hegemony.
"The best reason to focus on bitcoin’s rise is what it tells us about the risks that may be bubbling up amid the Federal Reserve’s commitment to zero interest rates," the Post said.
Although bitcoin was banned for use in Morocco four years ago, the cryptocurrency continues to thrive there.
One analyst said the ETF could reach $1 billion in assets under management by the end of next week.
Less than two months into 2021, the price of bitcoin has risen 95.4%.
The hacked wallet belonged to a creditor, U.S. firm Stakenet, which had not lost funds in the 2019 hack, as reported by Stuff.
Ether hit a new record of $2,017.01, before settling back to $2009.59, up 5.44% in the last 24 hours with the market capitalization of the crypto hitting $230.7 billion.
"I've basically opened the door to a whole new meme economy in the crypto world," Nyan Cat's creator said.
There are still several psychological barriers for bitcoin to break, even as it passed a key milestone of $1 trillion in market capitalization.
The goal is to relieve social media platforms of the task of making judgments on behalf of the public.
River Financial's equity sale comes as the high-end brokerage embarks on a major hiring push.
Say what you will about the Fox News host, but he deserves credit for highlighting Bank of America’s transaction snooping, writes Marc Hochstein.
Bitcoin, now worth more than most U.S. corporations, first reached "dollar parity" 10 years ago.
The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products.
The price could go higher, unless traders start taking profits.