Day: January 26, 2021

These 5 charts show why Bitcoin price failed to break $35K

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Bitcoin (BTC) fell towards $30,000 on Jan. 26 after higher levels evaporated and fresh miner outflows appeared to suppress price action. BTC price rally turns sour Data from Cointelegraph Markets and Tradingview showed the largest cryptocurrency abruptly U-turn as it neared $35,000 in early week trading.  At the time of writing, BTC/USD was lingering closer to $31,000, marking 24-hour losses in excess of 5%. A combination of factors, all of which suggest a short-term profit-taking mission among market participants, entered the scene on Monday to keep bulls from taking prices higher. …

Ideaology Launches IEO Public Sale Today on Bitcoin.com Exchange – Press release Bitcoin News

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PRESS RELEASE. January 26, 2020 – Bitcoin.com Exchange, one of the leading authorities in the cryptocurrency exchanges market, announces the launch of the Ideaology token (IDEA) public sale today at 10:00 UTC. Ideaology consists of a freelance platform which will accommodate most of the personnel needed to develop projects. The platform’s mission is to provide a host of freelancers and entrepreneurs with job options, a digital marketplace allowing platform users to sell or buy digital assets and services, as well as: Share materials and experiences. An Idea launchpad. A collection…

Philippines’ central bank to license crypto trading and custody firms

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In keeping with the emergence of clear-cut crypto regulations across Southeast Asia, Philippines’ central bank, BSP, has enacted a broader licensing regime for digital asset firms in the country. According to the Philippine Daily Inquirer, all crypto financial service firms in the country must now be licensed by the BSP. Thus, exchanges dealing in crypto-to-crypto trading pairs and custody platforms must now obtain approval from the central bank. The expanded regulatory regime also covers cryptocurrency derivatives platforms. All crypto firms in the country will also have to comply with global…

ZM Stock Up 2%, will Zoom Sustain Uptrend when Pandemic Eases?

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According to the recent survey report, 59% of the respondents believe that Zoom stock will hit $500 again by 2022. After pulling in significant increases as a result of the pandemic, there are ongoing concerns about whether Zoom Video Communications Inc (NASDAQ: ZM) will sustain its recent uptrend as the pandemic eases. Already, Zoom (ZM) stock plunged in December in reaction to positive news on the coronavirus vaccine. Zoom gained more recognition in the Americas, the Asia Pacific, Europe, the Middle East, and Africa during the first lockdown in early 2020.…

S&P 500 Recovers Mid-Day Losses to End Monday in Green, AAPL Stock Pushes Nasdaq Higher

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Wall Street investors are optimistic about the results that big tech companies will announce ahead this week. Since all indices are currently at their all-time highs, investors are maintaining caution. After early skepticism during Monday’s trading session, the US stock market recovered by end of the day. After dropping to 3800 levels, S&P 500 (INDEXSP: .INX) ended in positive on Monday. Wall Street investors are eagerly waiting for the slew of earnings reports coming from the tech giants this week. Thus, the tech-heavy Nasdaq Composite (INDEXNASDAQ: .IXIC) continues to hit…

KMB Stock Up 3.25% Following Release of Kimberly-Clark Year-End 2020 Results

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Kimberly-Clark’s full-year 2020 net sales came up at $19.1 billion, showing a 4 percent increase, with organic sales up 6 percent. The organic sales for the fourth quarter grew by 5 percent.  American multinational personal care corporation that produces mostly paper-based consumer products, Kimberly-Clark Corp (NYSE: KMB) has seen an increase in its stock price following the release of its better than expected year-end 2020 financial report. Per the official earnings released, the firm had a net sales of $4.8 billion for the fourth quarter, representing a 6 percent increment…

Cryptocurrency Market Overview (EN) | 23.01.2021 by @cryptospa

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello, dear YouTubers! In this video, I showed what cryptocurrencies the Grayscale fund, which currently has over $ 1 billion in Bitcoin, is going to invest in. Enjoy watching the very long video and, please, comment! — *A few words about me: Just to let you know: I’ve been working professionally as a currency analyst for the last 14 years, and as a cryptocurrency analyst for the last 3 years. — **Important! Keep in mind, that the thoughts expressed here are my…

Tor Project’s crypto donations increased 23% in 2020

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The cryptocurrency community has been doubling down on its support to privacy-centric applications like Tor Browser in 2020, according to new data. The Tor Project, a non-profit organization behind the anonymous Tor Browser, saw a 23% increase in cryptocurrency donations in 2020. A spokesperson at the Tor Project told Cointelegraph that crypto-powered donations surged from $189,637 in 2019 to $233,019 in 2020. According to a Jan. 25 announcement by the project, crypto donations made up nearly 26% of total individual donations, which amounted to $913,110. According to a Tor Project…

Dutch crypto exchange users bemoan additional KYC requirements

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Crypto exchange platform Bitstamp is reportedly demanding additional Know Your Customer compliance steps for Dutch-based users. According to a notice sent to Twitter user “Bitcoin Marcus,” — a Bitstamp user — the platform says account holders in the Netherlands have until the end of January to provide additional verification documents or risk their accounts being suspended. Today @Bitstamp has gone even further than the law requires. They now want me to:– show them how much I earn– show them where I got my #bitcoin from– proof of funds Seriously!! WTF!!…