Pump and Dump: Bitcoin, Gold, and Silver React to Historic Fed Inflation Statement

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Can Facebook’s Libra Become The Global Reserve Currency? Facebook’s upcoming Libra cryptocurrency has shaken up the digital currency industry.Regulators in multiple countries – including the US Internal Revenue Service (IRS) and European countries who have formed a G7 “Libra” Task Force – are under pressure to change their crypto laws before the coin’s launch in…

imageCan Facebook’s Libra Become The Global Reserve Currency? Facebook’s upcoming Libra cryptocurrency has shaken up the digital currency industry.Regulators in multiple countries – including the US Internal Revenue Service (IRS) and European countries who have formed a G7 “Libra” Task Force – are under pressure to change their crypto laws before the coin’s launch in the first half of 2020.The tech giant’s… Bitcoin Builds on Recent Gains, Pushing $7,750 While Major Altcoins See Losses July 23: Following a major upswing that kicked off on July 16, Bitcoin (BTC)’s price performance has diverged from other top cryptocurrencies.As Coin360 data shows, the top coin continues to build on its recent gains, while most major alts are struggling to maintain positive momentum.Market visualization from Coin360 Bitcoin (BTC) is trading around… 3 Reasons That Could Explain Why Bitcoin Price Surged 42% In One Day Never a dull moment in the crypto community as bitcoin has once again shown that it is highly volatile.The leading coin, which consolidated around the $8,000 region since late September and traded as low as $7,300 within the last three days, has taken a bullish reversal, racing up to as high as $10,350 (Bitstamp)… $1 Billion Value Locked: Curve (CRV) Founder Takes 71% of Voting Power The ethos behind DeFi has driven a move to full community governance in a democratic and transparent environment.

However, as Curve Finance recently discovered, things do not always pan out as planned.

In its first governance vote, Curve proposed a new liquidity pool for earning Compound’s COMP tokens and a couple of incentives for liquidity… Bitcoin Price Analysis Feb.22: Consolidation Time – Will BTC Be Able To Gain Momentum For a $4K Breakup? Over the past two days since our last price analysis, Bitcoin had been consolidating between a tight range of the support and resistance levels of $3850 and $3950.

This was anticipated following the latest decent bullish move.So far, it seems that the correction to is considered healthy.Besides the Bitcoin chart, the BitFinex open… Analysis: Miners Selling Less Bitcoin But That’s Not Necessarily Positive According to an analysis by the popular blockchain data company Glassnode, Bitcoin miners are selling a lot less at the current price rate.While this might look like a positive sign at a glance, it might also suggest that the current rate simply doesn’t satisfy their profitability criteria.

Bitcoin Miners Selling Less Data from the… Bank of Canada Study Finds 58% of Canadians Own BTC for Investment Purposes Canadian citizens used Bitcoin (BTC) mainly for investment purposes in 2017, according to a study by the Bank of Canada (BoC) published July 23.The study is an update to the results of the Bitcoin Omnibus Survey (BTCOS) conducted by Canada’s central bank within a short period between December 12 to 15, 2017, a few… Bitcoin Price Analysis August 28 Yesterday $50 worth of Tether USDT was dispatched to BitFinex.This might explain the pump up during the night to test the $7000 zone, as expected on our previous price analysis.

As seen on the chart below, Bitcoin broke up a bullish triangle pattern and is now testing major resistance level of $7000 combined with… BBVA Signs $117 Mln Blockchain-Powered Corporate Loan Banco Bilbao Vizcaya Argentaria (BBVA) has signed a new blockchain-based loan with civil engineering firm ACS Group, according to the BBVA’s official statement July 19.BBVA, a multinational Spanish banking group, signed an agreement with ACS to provide a long-term bilateral corporate loan of €100 million ($117 million).The new blockchain-powered loan contract will reportedly… Leave a Reply You must be logged in to post a comment.

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Switzerland’s largest online retailer trials stablecoin e-commerce

Swiss online retailer Digitec Galaxus is poised to accept a new cryptocurrency for payments.A test transaction has shown the DCHF stablecoin, issued by Swiss bank Sygnum, to be just as viable as bitcoin and other cryptocurrencies already accepted by Switzerland’s largest online retailer.27, 2020 - 09:56 August 27, 2020 - 09:56 Matthew Allen When not…
Switzerland’s largest online retailer trials stablecoin e-commerce

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