Live – Dec 4, 2020 CRYPTO MARKETS (Live Streaming)

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Bitcoin, Ethereum, DeFi & Global Finance News – December 6th 2020

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin, Ethereum, DeFi & Global Finance News – December 6th 2020 Every week we cover all the latest Bitcoin, Ethereum, cryptocurrency, finance & economics news from across the global. We’ll help you understand the world of investing & trading Bitcoin, cryptocurrency, stock markets, gold, silver, commodities, bonds, property, currencies & more. We also discuss how central banks have forever changed asset markets. The world of finance & economics has failed so many people. It now faces serious competition from free market solutions,…

GBTC has a new a competitor in the OTC Bitcoin trust market

A firm called Osprey Funds is offering an over-the-counter, or OTC, Bitcoin (BTC) trust under the ticker symbol OBTC. The trust is similar to Grayscale’s Bitcoin Trust, known as GBTC. “The Osprey Bitcoin Trust provides easy access to bitcoin,” the firm’s website says. “With a 0.49% management fee, it is the lowest cost solution.” Osprey is an entity that “builds digital asset solutions for intelligent investors,” claiming OBTC as its “flagship offering,” the website adds. “OBTC began being quoted in the OTC market today, Friday 1/15,” Osprey Funds’ CEO, Greg…

Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH

Bitcoin was slipping Friday on lower-than-average volumes for 2021 so far. In other news, while BTC and ETH are up this year, some DeFi tokens are doing even better. Bitcoin (BTC) trading around $35,610 as of 21:00 UTC (4 p.m. ET). Slipping 9.4% over the previous 24 hours. Bitcoin’s 24-hour range: $34,425-$39,673 (CoinDesk 20) BTC below the 10-hour and 50-hour moving averages on the hourly chart, a bearish signal for market technicians. Bitcoin trading on Bitstamp since Jan. 12.Source: TradingView The price of bitcoin fell Friday, a steady decline over…

The guard changes, and with it, the tweets, Jan. 8–15

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Armed National Guardsmen are building up concentric perimeters of black barricades around the U.S. Capitol and its whole neighborhood of federal buildings in preparation for the Biden inauguration and protests against it on Wednesday. Which inspires some déjà vu, whether to last week or last summer. As much as history is said to repeat itself, the present day seems to be stuck on its own loop. Remember how last…

Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos

Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high “energy cost required to process its transfers.” Bitcoin Mining Energy Consumption Misconception Galperin, who has an estimated net worth of $7.7 billion, made the remarks when responding to an inquiry from a Twitter user. The user wanted to know if the billionaire was a BTC holder as well as his…

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Bitcoin’s Bear Case Suggests Move to $28,000 is a Possibility in the Near-Term

Bitcoin’s price action as of late has been quite ambiguous, with buyers and sellers largely reaching an impasse as BTC struggles to gain any decisive momentum The crypto did make an attempt to break above $40,000 yesterday, but the selling pressure here was significant and sparked a rejection Its price has since plunged to the $35,000 region, which is where bulls are currently trying to slow its descent and spark a rebound Where the market trends next may depend largely, if not entirely, on whether or not BTC can find…

Could Mt Gox Be The End Of Yet Another Epic Bitcoin Rally?

For nearly as long as Bitcoin has been trading, its existence has been a thorn in the sides of crypto investors everywhere. And starting today, new investors in crypto may soon find out why veterans cringe when they hear the name: Mt. Gox. Find out why the infamous, original crypto exchange could continue to be the bane of each Bitcoin bull run. What Is Mt. Gox And What Does It Mean To Bitcoin? Mt. Gox is short for “Magic: The Gathering Online eXchange,” according to Wikipedia. But when its creator…