Day: February 12, 2021

ING Stock Jumps 6%, Dutch Banking Giant Posts Better Than Expected Q4 2020 Results

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ING said that it is working on its loan provisioning as the provisions for bad loans dropped 51%. The slowdown in the economic activity also affected the bank’s total lending business. Earlier today, the largest Dutch banking giant ING Groep NV (NYSE: ING) announced its Q4 2020 results beating street estimates by a good margin. The banking giant announced 1.05 billion euro ($1.27 billion) in pre-tax profit by lowering loan loss provisions. The Refinitiv analysts had expected 649 million euros in revenue but ING delivered nearly 40% more. However, the…

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, STELLAR News, RIPPLE News

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, STELLAR News, RIPPLE News Bitcoin Price Starts New Rise, Why $ 33,500 Is The Key Bitcoin price plummeted towards the $ 28,000 zone against the US dollar. itcoin price has undergone a sharp correction down below the $ 32,000 support zone. It fell nearly 20% from the high and tested the $ 28,000 support zone. On the hourly chart of the BTC / USD pair, there was a break above the major bearish trend line…

Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services – Finance Bitcoin News

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The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. The bank aims to eventually treat cryptocurrencies like any other assets. BNY Mellon Gets Into Crypto The oldest bank in the U.S., BNY Mellon, announced Thursday “the formation of a new enterprise digital assets unit that will accelerate the development of solutions and capabilities to help clients address growing and evolving needs related to…

Web-based YIELD App looks to tackle DeFi’s ‘inherent complexity’

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Retail trading platform YIELD App has launched a beta version of its web platform, giving retail traders direct access to the fast-moving DeFi market.  The new platform, which is designed to simply DeFi access for the masses, registered 2,000 early users and collected $3 million during its private beta phase. Its investors include BnkToTheFuture, Alphabit Fund, Digital Strategies, PALCapital, Yeoman’s Capital, and Chronos VC in a hybrid fund. The platform enables direct investment in YIELD App’s DeFi Alpha Fund I, which reportedly provides up to 20% APY through interest on…

Former Bitcoin Developer Mike Hearn Steps Down From Enterprise Blockchain Firm R3

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Mike Hearn, the lead platform engineer at enterprise blockchain builder R3, is stepping down from his role at the company, CoinDesk has learned. Hearn will stay on at R3, but only in the capacity of a technical adviser, according to a memo sent to company staff Friday.  Hearn has long harbored ambitions to broaden his range and start new projects, the memo said. “Mike’s plans include his own projects, as well as becoming technical advisor to the R3 executive committee. To support the former, he’ll become CEO of his new…

BITCOIN DIP!? or BLACK SWAN COMING!!?? Crypto BTC TA price prediction, analysis, news, trading

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Lets take a look at BITCOIN, DOW JONES, DXY, GOLD, and XRP, what are the markets trying to tell us, could it be BAD FOR BTC???? let me know your thoughts in the comments below! 👇SUBSCRIBE FREE👇 👇AFFILIATE LINKS👇 🔥 PRIME XBT exchange 🔥 (Receive a 50% bonus added to your deposit by using promo code Savy50 and use promo Savy25 for 25% off of trading fees for 1 month! ) Trade BTC, Forex, Gold, Silver, Oil, dow, S and P, and…

A Bullish ($1 Million) Bitcoin Forecast as Year of Ox Begins

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Editor’s Note: Happy Chinese Lunar New Year! First Mover will not publish on Monday, February 15, which is Presidents’ Day in the U.S. Cryptocurrency markets will be open, as they always are. Price Point Bitcoin (BTC) was lower, after pushing early Friday to a new all-time high price of $48,925, based on CoinDesk pricing.  Market activity was quiet due to the Lunar New Year celebrations across Asia and the upcoming Presidents’ Day holiday in the U.S. on Monday, according to Craig Erlam, senior market analyst for the foreign-exchange brokerage Oanda.…

Miami, New York City, Push to Overtake Wyoming in Bitcoin Innovation

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Miami city authorities have passed a resolution that will make bitcoin (BTC) an integral part of the city’s financial ecosystem, as the legislation will make it possible for workers to get paid in BTC. Andrew Yang has also vowed to transform New York City into a hotbed for bitcoin-linked businesses if he succeeds in his mayoral bid, according to reports on February 12, 2021. Two More U.S. Cities Join the Bitcoin Movement  While the cryptocurrency regulation in the United States has been somewhat slow, albeit draconian at the federal level,…

Beyond Bitcoin? Little known project jumps 116% on €2.75M EU ‘new money’ grant

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A little-known blockchain project more than doubled in value overnight following the announcement of its involvement in a European Union digital economy research program. The spot price for the Ethereum-based Streamr (DATA) token increased 116% leading into Feb. 12, after it was revealed the project would be used as part of an EU pilot aimed at creating a new kind of money. Announced on Feb.11, the ATARCA Consortium was awarded €2.75 million ($3.33 million) by the European Commission as part of an initiative to address the “economic inefficiencies” incurred by artificially…