As an unlikely but welcomed source of hope during crypto market jitters, Deutsche Bank’s report, the “Future of Cryptocurrencies,” sheds light on potentially bullish cryptocurrency activity. A survey critical to the report suggests that neither traders nor investors are likely to part with their crypto holdings in the event of a bear market. Marion Laboure, a director of macro strategy at Deutsche Bank, told Cointelegraph: “It is interesting to note the deep bullishness for cryptocurrencies. Even in an extremely bearish crypto market in which values were to drop 80%, less…
Month: February 2022
Tether & The Swiss City Of Lugano Promise “Europe’s BTC Capital.” Is It, Though?
What’s “Lugano’s Plan B”? The 9th biggest city in Switzerland plans to become Europe’s Bitcoin city. And Tether is there to help. How will the two entities accomplish that? On March 3rd, Tether’s Paolo Ardoino and Michele Foletti, the Mayor of the city of Lugano, will unveil the plan at a live-streamed conference. #bitcoin and stablecoins are revolutionizing the financial sector. #tether and The City of Lugano🇨🇭 @luganomycity are teaming up to transform Lugano into the European #bitcoin capital. Every city needs a plan. Join Lugano’s Plan ₿ pic.twitter.com/wmhFVePcPo —…
UK Law Firm Gunnercooke Says It Now Accepts Crypto Payments – Featured Bitcoin News
U.K. law firm, Gunnercooke, claims to be one of the first major law firms in the country to accept crypto payments. Crypto Asset Payments A United Kingdom-based commercial law firm, Gunnercooke, has become the latest practice to accept cryptocurrency as payment for services, a report has said. The firm also claims to be one of the first major U.K.-based law firms to give its clients the payment choice. We’re delighted to announce that we are now the first major UK law firm to officially accept payment in cryptoassets. We’ve partnered…
SAND Token, Below 200-Day MA, Joins Broader Crypto Market in Gloomy Outlook
Bitcoin, the top cryptocurrency by market value, dropped under the average in late December. A week later, ether, the second largest, and play-to-earn game Axie Infinity’s AXS coin followed suit. Heavyweights from other sub-sectors like UNI, LINK, XMR, AAVE, PERP and YFI also fell below their 200-day MAs early this year. Source
Here’s how Thai Stock Exchange plans to connect crypto with its digital asset platform
The Stock Exchange of Thailand (SET) is looking at launching a new digital asset exchange integrated with the cryptocurrency market, according to president Pakorn Peetathawatchai. The SET is expecting to launch its own digital asset exchange in 2022, planning to enable new exposure options like investment tokens and utility tokens, Peetathawatchai said in a Bloomberg interview on Sunday. While the SET’s upcoming digital asset exchange will not be directly related to crypto markets, the platform will still have something to do with cryptocurrencies like Bitcoin (BTC). The stock exchange will…
Intel Reveals First-Gen Mining Chip, Second Gen Still Under Wraps
Intel revealed the specs of the first generation of its highly anticipated mining chips at the International Solid-State Circuits Conference on Sunday, but didn’t reveal details about the second generation, which will be supplied to Griid Infrastructure, a bitcoin mining company, later this year. Source
Bitpanda Acquires Crypto Custodian Trustology
“Bitpanda Custody is part of our strategy to offer a fully comprehensive set of services to our client base and we can now combine an FCA-registered, institutional-grade custody solution with a leading trade execution venue,” Joshua Barraclough, CEO of Bitpanda Pro, said in the release. Source
உஷார் மக்களே – Cryptocurrency Ban in India or NOT ? 😲😲😲 New Govt BILL ? || Tamil Tech
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video we discuss about Is cryptocurrency ban in INDIA or NOT ? . I hope you like the video give a thumbs up, share it with your friends & family. For more tech videos like this Subscribe to Tamil Tech. #Crptocurrency #Bitcoin #TamilTech Time Stamp : 00:00 Intro 00:20 Ban News Updates 00:57 China Ban Crypto 02:04 Crypto legal or illegal in India 02:28 Crypto mining 03:56 India regulate Crypto 04:38 Crypto Assets 05:25 Tax ? 05:42 Crypto Holders –…
Regulator in Canada Warns Crypto Exchanges Not to Promote Self-Custodial Wallets: Report
Ontario Securities Commission sent the tweets from Coinbase CEO Brian Armstrong and Kraken CEO Jesse Powell to RCMP. Source
Bitcoin (BTC) sinks on mounting Russia-Ukraine tensions
A Bitcoin coin lies on a screen showing the Bitcoin – US dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images Digital currencies took a beating Tuesday as geopolitical tensions over Ukraine roiled global markets. Bitcoin sank as low as $36,370 in early morning trade, its lowest level in more than two weeks. The world’s biggest cryptocurrency was last trading down 6% in 24 hours to a price of $36,818. Other digital assets also tumbled, with ether falling 8% and XRP sinking 15%. Analysts attributed the drop to…