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Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin

Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third straight weekly loss in a row. дальше »

2020-12-1 00:15


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OKEx Sees Massive Bitcoin Outflows as BTC Weakness Mounts

Bitcoin’s price has been flashing signs of immense weakness throughout the past few days, with the recent $19,500 rejections sending it reeling lower as analysts watch for further downside. The rejection just below its all-time highs was certainly what sparked the ongoing correction, but some other factors are at play here. One such factor is […] дальше »

2020-11-28 02:00


Nigeria’s Finance Ministry to Collaborate With SEC on Crypto Framework

This was revealed in Lagos on Nov 24 at the ‘Fintech In Nigeria: State Of Play’ conference organized by The Economist Intelligence Unit and Mastercard. Speaking at the event, Special Adviser on ICT to the Minister, Armstrong Takang stated that the Nigerian government “sees an opportunity” in crypto and blockchain adoption, and will thus create … Continued The post Nigeria’s Finance Ministry to Collaborate With SEC on Crypto Framework appeared first on BeInCrypto. дальше »

2020-11-24 23:05


$20 Billion in Crypto Under Custody: Coinbase Sees ‘Explosion of Capital’ From Institutional Investors

Coinbase has revealed that it has had “an explosion of incoming capital. ” Its assets under custody currently stand at $20 billion, $14 billion of which were accumulated since April. Coinbase highlights a string of bullish events that have “really unleashed” a wave of institutional adoption. дальше »

2020-11-24 02:15


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Bitcoin Sees “Longest and Most Stable” Rally Ever as Bulls Clock 73% in 73 days

Bitcoin and the aggregated crypto market are pushing higher today, with BTC breaking above $17,000 while Ethereum helps lead altcoins higher as well The benchmark cryptocurrency hasn’t seen much selling pressure at this level, despite it long being viewed as resistance It has struggled to break above this level a few times, but the selling pressure here has not catalyzed any sharp selloff Where it trends next will depend largely on whether or not it […] дальше »

2020-11-18 21:00


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Galaxy Digital Acquires 2 Crypto Firms, Sees Big Wave of Institutional Demand for Bitcoin

Bitcoin Bull Michael Novogratz’s company, Galaxy Digital, has acquired two cryptocurrency firms in preparation to meet a “bigger wave of institutional demand” for bitcoin. Big Wave of Institutional Demand for Bitcoin Incoming Galaxy Digital Holdings announced Friday that it has acquired two cryptocurrency trading firms: Drawbridge Lending and Blue Fire Capital. дальше »

2020-11-15 19:15


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Bitcoin Sees 200 Days of Gains; Here’s the Key Level It Must Keep Holding

Bitcoin has been in a macro uptrend for the past 200 days, first beginning when the cryptocurrency plunged to lows of $3,800 in mid-March Ever since, it has been rallying higher, seeing multiple consolidation phases and even a few sharp selloffs Nonetheless, this trend has resulted in it rallying up to its post-2017 highs of $16,400 that were set yesterday evening The crypto is now consolidating just below these highs as bulls aim at leading […] дальше »

2020-11-14 02:00


Analysts Call for a Second Wave of DeFi Mania as Crypto Investors Reenter Sector

The DeFi sector is exploding higher today alongside the rest of the crypto market. Bitcoin is trying to break above its $16,000 resistance while the rest of the market also sees immense strength. The price action seen throughout the past few days and weeks indicates that the recent lows seen by the blue-chip assets within […] дальше »

2020-11-12 00:00


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Billionaire Stanley Druckenmiller Owns Bitcoin, Sees Attractive Store of Value That Could Beat Gold

Billionaire investor Stanley Druckenmiller has revealed that he owns bitcoin, calling it an asset class that has a lot of attraction as a store of value and could be better than gold. Stan Druckenmiller Owns Bitcoin Stanley Druckenmiller revealed on Monday that he owns bitcoin and explained why it could be a better investment than […] The post Billionaire Stanley Druckenmiller Owns Bitcoin, Sees Attractive Store of Value That Could Beat Gold appeared first on Bitcoin News. дальше »

2020-11-11 00:30


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DeFi sector struggles as Bitcoin sees another surge

Both Bitcoin (BTC) and the DeFi sector have grown side-by-side in 2020 following the mid-March global economy meltdown, but now, the two started moving in the opposite direction. As Bitcoin price recently surged, the DeFi sector started seeing a significant decline, which caused some to start speculating about the two potentially being connected in some way. дальше »

2020-11-3 17:31