The Central Bank of Sri Lanka has published a warning notice about the risks associated with cryptocurrency as interest and trading volumes of bitcoin and other cryptocurrencies surge locally and globally. Sri Lanka’s Central Bank Warns About Bitcoin The Central Bank of Sri Lanka has published a notice regarding cryptocurrency. “Considering the recent inquiries on …
Monthly archives: April 2021
Rich Dad Poor Dad Author Robert Kiyosaki Predicts Bitcoin Price Will Be $1.2 Million in 5 Years
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just because I’m more bullish on it.” Robert Kiyosaki Expects Bitcoin’s …
Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors
Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that it will be a “great entry point” for long-term investors. ‘Great Entry Point’ for Bitcoin Investors The chief investment officer (CIO) of Guggenheim Partners, Scott …
Bitcoin (BTC) Price Prediction: BTC/USD Holds as Buyers Recoup Above $59,000 Support
Bitcoin (BTC) Price Prediction – April 11, 2021Bitcoin price is consolidating below the $60,000 overhead resistance. The price action is now characterized by small body candlesticks namely Doji and Spinning tops. These candlesticks are indicating that buyers and sellers are undecided about the direction of the market. Resistance Levels: $58,000, $59,000, $60,000Support Levels: $40,000, $39,000, …
Bitcoin Price Prediction: BTC/USD Slides Below $60,000; Price May Likely See Further Downside
Bitcoin (BTC) Price Prediction – April 11 After touching the resistance level of $60,658, BTC/USD retraces and prepares for another move higher. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $65,000, $67,000, $69,000 Support Levels: $55,000, $53,000, $51,000 BTCUSD – Daily Chart BTC/USD is preparing for another high as the price retraces and …
Binance Coin (BNB) market cap passes Santander and UBS — What’s next?
To date, Binance Coin has rallied 900%, which makes the token’s $64 billion market cap larger than Santander, the Bank of Montreal and UBS. 2021 has been an impressive year for Binance Coin (BNB), which so far has rallied by more than 900%. One of the primary drivers of BNB’s growth was continued congestion on …
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Why is XRP seeing a monster rally when Ripple is worth just $3B on the secondary market?
Ripple is reportedly trading at a $2 to $3 billion valuation but its XRP holdings are worth around $70 billion. The equity of Ripple, the company that builds the infrastructure around XRP — the digital asset used by networks like RippleNet to process cross-border payments — is reportedly trading at $2 to $3 billion in the secondary …
Watch these key technical levels as Bitcoin price nears $61,800 all-time high
Bitcoin broke above $61,000 for the first time since early March and traders are turning bullish. The price of Bitcoin (BTC) has surpassed $61,000 on April 10 for the first time in nearly a month. Following the breakout, traders are starting to look at new levels of resistance and support in the short-term as optimism …
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Oasis Foundation announces implementation of Tidal DeFi insurance platform
A renewed focus on DeFi could drive traffic for the Oasis Network. The Oasis Foundation, an offshoot of Oasis Network developers Oasis Labs, announced in a blog post on Friday that decentralized finance (DeFi) insurance and coverage provider Tidal Finance will be implementing a version of their platform on the Oasis Network. The blog post …
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Bitcoin Price Prediction: BTC/USD Currently Contends with the Northward Breakout of the Key $60,000 Resistance Point
Bitcoin Price Prediction – April 11The market trading zone of $60,000 has been marked as a very tough resistance line that the BTC/USD value has continued to find difficult to break past northwardly over time. As of writing, price still struggles to trade around the zone mentioned earlier. BTC/USD MarketKey Levels:Resistance levels: $65,000, $70,000, $75,000,Support …
Bitcoin Price Prediction: BTC/USD May Likely See Further Downside as Price Remains Below $57,000
Bitcoin (BTC) Price Prediction – April 7 The first digital asset has been facing some immense selling pressure as of late, with the support found within the $55,400 level. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $62,000, $64,000, $66,000 Support Levels: $52,000, $50,000, $48,000 BTCUSD – Daily Chart BTC/USD has been struggling …
Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing
Over the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing applications in recent times in order …
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YFX.Com – Defi Trading Platform Support 100X Leverage. No KYC. No Gas Fee
PRESS RELEASE. YFX.COM is the world’s first decentralized cross-chain perpetual contract exchange. While other trading platforms that provide leverage alternatives exist, YFX.COM is trailblazing a decentralized alternative to centralized exchanges and perpetual futures trading without a central intermediary. YFX.COM does this by taking advantage of different protocols across the cryptocurrency landscape. Through a culmination of …
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P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still Dominates
According to new data, peer-to-peer (P2P) bitcoin trade volumes in Kenya and Ghana surged in Q1 of 2021, with the two countries now ranked second and third respectively. On the other hand, volumes in South Africa, which occupied second place in 2020, dropped marginally. Consequently, South Africa has now been relegated to the fourth position …
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HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold Bitcoin
HSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. HSBC Now Bars Clients From Buying Crypto and Crypto-Related Stocks Like Microstrategy British bank HSBC …