Bitcoin (BTC) price tumbled more than 10% today to hit a low near $31,000 and at the time of writing it looks like the sell-off has a bit further to go. In a weekly report from crypto fund provider, CoinShares, some institutional investors seem to be booking profits and the analysts also cited the strengthening (trade-weighted) U.S. dollar. Another indicator that points to professionals selling Bitcoin is the drop in “Coinbase Premium.” As markets continue lower, an increasing number of investors may dump their positions with the intent to buy…
Day: January 21, 2021
Enjin Coin Becomes the First Gaming Cryptocurrency Approved by Japanese Regulators – Altcoins Bitcoin News
Enjin coin became the first gaming cryptocurrency approved in Japan after clearing out the well-known tough country regulator’s requirements. The green light is possible through a partnership with Hashport. ENJ Is Set to Be Listed in Coincheck on January 26 According to the announcement, enjin coin (ENJ) was granted legal status by the Japan Virtual Currency Exchange Association (JVCEA), the country’s official crypto watchdog. The blockchain gaming platform said its token would be listed on Coincheck on January 26, 2021, allowing Japanese users to purchase it with Yen and trade…
Tarbert makes way for Biden’s CFTC chair, but will remain a commissioner
Heath Tarbert is no longer the chairman of the Commodity Futures Trading Commission, but he will remain one of its five commissioner In a CFTC announcement on Thursday afternoon, Tarbert followed through with his resignation, which he announced at the beginning of December. However, it was not clear at the time whether he would remain on the commission at all. Today’s announcement confirmed that Tarbert would stay on as a commissioner, with a term that formally expires on April 13, 2024. In listing accomplishments during his 18-month run as chairman of…
#ETHEREUM Analiz 18 Aralık 2020 Kriptoarena – Ethereum'da kritik iki noktaya dikkat!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin’in rekor tazelemesinin ardından gözler altcoinlere çevrildi. Bunlardan biri de şüphesiz Ethereum… Peki Ethereum için teknik görünüm nasıl sinyaller üretiyor? Yön aşağı mı yukarı mı? Mehmet Çoban yorumluyor… Takip etmeyi unutmayın🙂 Twitter: Telegram: Facebook: Instagram: Mail adresimiz: info@kriptoarena.com UYARI:Burada yer alan bilgi, yorum ve tavsiyeleri yatırım danışmanlığı kapsamında değildir. Yatırım danışmanlığı hizmeti, kişilerin risk ve getiri tercihleri dikkate alınarak kişiye özel sunulmaktadır. Burada yer alan ve hiçbir şekilde yönlendirici nitelikte olmayan içerik, yorum ve tavsiyeler ise genel niteliktedir. Sayfada yer alan ifadeler,…
Reversal Pattern Could Sunset Bitcoin Price Action For Weeks
Bitcoin has now retraced as much as $11,000 and 27% from its 2021 peak, and while the current high might not be the top for this bull run, it could send price action headed downwards for a few weeks before the uptrend resumes. Bulls have only days to prevent a bearish evening star reversal pattern from forming on weekly timeframes, which could dim the bullish momentum the cryptocurrency has had thus far this year for at least a few weeks. Bearish Reversal Pattern Could Dim The Lights On Recent Bull…
Why the World’s Largest Asset Manager Is Getting Into Bitcoin
As BlackRock gets ready to make its first foray into bitcoin, innovation-focused ARK ETF flows surpass that of BlackRock. This episode is sponsored by Nexo.io. Today on the Brief: A new SPAC exchange-traded fund with bitcoin-experienced leadership First look at Brian Brooks’ possible replacement at OCC What to expect from institutional bitcoin price targets in the coming weeks Our main discussion: BlackRock comes to bitcoin. BlackRock filings with the SEC suggest two funds might buy bitcoin futures. In this episode, NLW looks at: The signs leading up to BlackRock’s interest…
While China’s CBDC sets the pace, the yuan stumbles in usage abroad
Despite rapid advancement of a digital yuan, China’s progress in internationalizing its currency has stalled out in recent months. Per data from SWIFT’s RMB Tracker released on Jan. 20, the Chinese yuan (CNY), also known as the Renminbi (RMB) had gained only .02% in international usage between December 2018 and last month. Meanwhile, it had fallen from 1.26% to 1.16% between November and December of 2020. Source: SWIFT While not a catastrophe, it’s nowhere near the numbers that China has become used to since making the internationalization of the RMB…
What Is the Bitcoin White Paper?
“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” Those were the words pseudonymous Bitcoin creator Satoshi Nakamoto used to greet the world some twelve years ago in an email releasing the Bitcoin white paper. To this day, nobody still knows who he/she/they actually are. And since April 23, 2011, nobody has heard from Satoshi Nakamoto after they signed off an email saying, I’ve moved on to other things. It’s in good hands with Gavin and everyone. A technical description, the Bitcoin white…
Increased Mainstream Adoption of Bitcoin Cuts Diversification Benefit, JPMorgan Says
Bitcoin’s correlation with traditional markets could “erode” its “diversification value over time.” Original
BUY LITECOIN ON COINBASE: THE PERFECT TIME
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BUY LITECOIN ON COINBASE is a free lecture from the Cryptocurrency Investment Strategy Without Losses course. You can enroll in the course on our website: Hello, everyone, this is Petko Aleksandrov and today is the 20th of October, so I’m recording just on the next day where I have another set up to buy some more Cryptocurrency. You can see where is my new Counter Trendline. After the impulsive break of yesterday, the price formed a lower high, and then we had…