[ad_2][ad_1] Bitcoin was higher, pushing towards the upper limit of its recent range between around $ 14,700 and $ 15,600. “The positive sentiment towards bitcoin has not faded,” said Denis Vinokourov, head of research at crypto prime broker Bequant. In traditional markets, Asian equities tumbled, led by Alibaba and Tencent, …
Read More »As the price of Bitcoin rises, institutions go down with digital assets
[ad_2][ad_1] With Bitcoin (BTC) price sentiment continuing to remain bullish following the uncertainty caused by the US presidential election, institutional investors appear to be more interested in betting on the markets. In the seven-day period ending October 27, Grayscale Bitcoin Trust, operated by Grayscale Investments, saw a record inflow of …
Read More »Bitcoin Cash’s price falls as tokens flood exchanges ahead of its next hard fork
[ad_2][ad_1] Bitcoin Cash’s price has fallen 6% in the past four days since its next hard fork. Bitcoin Cash will undergo a protocol update on Sunday November 15, 2020, which will result in a hard fork. The price of Bitcoin Cash has been declining for the past few days, with …
Read More »Ethereum was the most traded cryptocurrency in Q3 2020 with 1.1 million average daily transactions, 3.5 times more than Bitcoin
[ad_2][ad_1] November 11, 2020 (Investorideas.com Newswire) As the second largest cryptocurrency in the world, Ethereum has experienced impressive growth in 2020. Since the beginning of the year, the price of Ethereum has risen by a remarkable 230%, attracting more and more attention. by investors in the time of economic uncertainty …
Read More »The number of Bitcoin ATMs has increased 85% this year thanks to the coronavirus driving adoption
[ad_2][ad_1] The number of bitcoin ATMs around the world has increased this year due to the coronavirus-induced shift towards contactless payments. Bitcoin ATM installs increased 85% to 11,798, outpacing the nearly 50% increase from the previous year by a significant margin, according to data source Coin ATM Radar. The spike …
Read More »Pfizer’s pandemic vaccine news fails to dampen interest in Bitcoin
[ad_2][ad_1] Pfizer’s recent announcement of a potential Covid-19 vaccine triggered an immediate rally in global stocks hardest hit by the pandemic response. The rally helped major indices, including the New York Stock Exchange (NYSE) Composite Index and the European Stoxx, to rise by around 4%. Decoupling of Bitcoin On the …
Read More »Bitcoin could consolidate before December will rise towards $ 20K, analysts say
[ad_2][ad_1] After the recent rapid rally, the bitcoin (BTC) market is likely to take a break before continuing its rise towards the end of the year, analysts told CoinDesk. “The cryptocurrency could consolidate for a short time before moving higher into Christmas,” said Chris Thomas, head of digital assets at …
Read More »Ripple CEO warns against institutional investments in Bitcoin in the Biden era
[ad_2][ad_1] Ripple CEO Brad Garlinghouse investigated companies buying Bitcoin last week as the climatic effects of proof-of-work cryptocurrencies, such as BTC, could be met with strict rules if Democrat Joe Biden is elected president of the United States. . As of press time, Biden has 290 electoral votes in the …
Read More »Bitcoin’s takeoff at $ 16,000 to trigger the next bull run
[ad_2][ad_1] Bitcoin holds between the resistance at $ 15,500 and the support at $ 15,000 as the consolidation carries. Ethereum is crucial at $ 460 for the drive to establish higher support and avoid potential losses at $ 430. Ripple’s side trading action could last longer, especially with the strong …
Read More »One of the world’s leading banks issues bonds that can be bought with Bitcoin
[ad_2][ad_1] China Construction Bank partnered with a Hong Kong-based fintech to issue the first blockchain-based digital security issued by a Chinese financial institution. One of the “Big Four” banks in the People’s Republic of China, CCB is ranked as the second largest bank in the world by total assets as …
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