Bitcoin Building A Big Case (Warning!) December 2020 Price Prediction & News Analysis

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Bitcoin Was Not a Response to the Financial Crisis of 2008

Maybe it’s just that winter is dragging on, but I find myself getting increasingly irritated with mainstream reports about Bitcoin that say it was a result of the financial crisis.  It wasn’t, and that matters. First, let’s look at why it wasn’t, and then I’ll explain why this misunderstanding bothers me. Bitcoin’s pseudonymous creator Satoshi Nakamoto started working on the Bitcoin white paper in early 2007, over a year before the financial crisis hit mainstream markets. In early 2007, the subprime mortgage industry was collapsing, but even lifelong finance insiders…

Cryptocurrency makes World Economic Forum’s Davos Agenda

The World Economic Forum’s upcoming Davos Agenda will feature two separate sessions on cryptocurrency, offering another compelling sign that digital assets have permeated mainstream consciousness.  The sessions, titled Resetting Digital Currencies, will be held on Monday and Thursday. The first session will feature five public speakers, including Bank of England Governor Andrew Bailey and Hikmet Ersek, president and CEO of Western Union. Thursday’s group features four speakers, including Tharman Shanmugaratnam, a senior minister for the government of Singapore, and Zhu Min, chairman of the Beijing-based National Institute of Financial Research.…

Key metrics show this week’s $4B Bitcoin options expiry favors bulls

Over the past two weeks, Bitcoin price appears to have lost momentum and some analysts are suggesting that bears will be in control for the foreseeable future. Taking a look at derivatives market data provides a clearer picture of what is happening on the institutional side and how the moves of larger players may impact the spot markets. After peaking at $10.6 billion on Jan. 14, the open interest on Bitcoin (BTC) scaled back to $8.4 billion. The Jan. 29 monthly expiry continues to stand apart, totaling 47% of the…

Governments Will Not Allow Bitcoin on a Big Scale and They Will Win – Regulation Bitcoin News

Harvard Professor of Economics and former Chief Economist at the International Monetary Fund (IMF) Kenneth Rogoff believes that governments will not allow bitcoin to flourish on a large scale. “The regulation will come in. The government will win,” he said. The professor also discussed the likelihood of a bitcoin bubble. Harvard Professor Warns of Strict Crypto Regulation Harvard University Professor Kenneth Rogoff shared some thoughts about bitcoin regulation during an interview on Bloomberg Surveillance last week. Rogoff is the Thomas D. Cabot Professor of Public Policy and a professor of…

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Breach at Indian exchange BuyUCoin allegedly exposes 325K users’ personal data

Users of Indian crypto exchange BuyUCoin have reportedly been affected by a breach compromising personal data of more than 325,000 people. According to a report from Indian news outlet Inc42, a hacking group by the name of ShinyHunters leaked a database containing the names, phone numbers, email addresses, tax identification numbers and bank account details of more than 325,000 BuyUCoin users. However, a later report from Bleeping Computer shows the leaked data may only contain information from 161,487 BuyUCoin members. Cybersecurity researcher Rajshekhar Rajaharia posted screenshots of the leaked data…

MARKET CORRECTIONS for Precious Metals and Cryptocurrency!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Dog Rescue/Sanctuary/Rehabilitation Donations: Crowfunding Link – Facebook Donation Link- Paypal Donation Link- Paypal.me/CryptoDogRescue BTC Donation Address- 3ENcVdUjbiMYYDEM7PRPMvtxPjmdhueLhD ETH Donation Address- 0x38D822222B50E74a9c7fbc04D8B0f2C57A019bb5 Content: There are 4 Main Issues that are Affecting Precious Metals and Cryptocurrency Markets, 1 Down- Elections are practically over and we are in retail months! Market Corrections are healthy! Crypto can still go PARABOLIC! Precious Metals are waiting for certain triggers most likely will happen in Q1-Q2. Intro – 00:00 Precious Metal Market – 00:36 Gold/Silver Charts & Stops –…