Bitcoin Price Prediction: BTC/USD Fails to Push Above $50,500

Bitcoin Price Prediction – September 4 At the moment, the Bitcoin price prediction shows BTC dropping over 0.30% after touching the daily high of $50,558. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000, $59,000 Support Levels: $45,000, $43,000, $41,000 BTCUSD – Daily Chart Buy Bitcoin Now The daily chart reveals that …

Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research

Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the SEC during an interview. Protecting Crypto Investors In the interview, Yuguda explains that the study’s findings will help inform the SEC of the best ways …

NFL Bars Teams From Participating in Certain Cryptocurrency and NFT Ventures: Report

According to a recent report, the National Football League (NFL) advised teams that they could not, at least for now, sell non-fungible tokens (NFTs) and sponsorships to digital currency companies. Advertisements for specific crypto assets were mentioned alongside initial coin offerings (ICOs), according to various club sources who remained anonymous. Anonymous Club Sources Disclose the …

Newly Launched Wallstreetbets Defi App Aims to ‘Take Over Traditional Financial Markets’

At the beginning of 2021, a trend ignited by the creators of the Reddit forum r/wallstreetbets caused the whole world to focus on retail traders in the stock market purchasing so-called dead stocks like AMC, GME, and others. The hype behind the Wallstreetbets group has fizzled in the last few months, but a group that …

Litecoin Price at $222.24 after 18.3% Gains – How to Buy LTC

Litecoin has been among the leading gainers in the crypto charts in the past 24 hours. Most coins are trading in the green zone because of the impressive recovery in bitcoin and ethereum. Altcoins have responded to this uptrend, and they are currently making new highs. Litecoin is trading at $222.24 at the time of …

Dogecoin Price Rises 1.1% to $0.29 – Where to Buy DOGE

Dogecoin made an incredible gain during the first five months of 2021, because of the major support it received from Elon Musk. It was from this support that dogecoin became the popular cryptocurrency that it is today. The recent crypto market rebound has played a great role in enabling DOGE to reclaim higher levels. DOGE …

Ripple Price Up 1.4% to $1.28 – Where to Buy XRP

XRP started 2021 on a low note after getting delisted from several exchanges because of the case filed against it by the US Securities and Exchange Commission (SEC). However, Ripple’s XRP has managed to recover from the effects of this case, and it is currently on a major recovery. Nevertheless, XRP is yet to break …

Cryptocurrencies Gain Legal Status in Texas as New Laws Take Effect

Texas becomes the latest US state to adopt crypto and blockchain technology under its commercial law.  Texas House Bills 1576 and 4474, passed in May by the state’s Congress and in June by Governor Greg Abbott, officially make crypto legal in Texas effective September 2021. ADVERTISEMENT   House Bill 1576 focuses on the creation of …

Nigeria plans CBDC rollout, Salvadoran retirees protest Bitcoin Law, Twitter to add BTC and ETH tipping feature: Hodler’s Digest, Aug. 29-Sept. 4

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Nigeria’s central bank partners with fintech firm Bitt Inc. for …

Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts

What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence’s Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and government bonds. The senior commodity strategist, who sees BTC heading to $100,000, pitted derivatives in a new report representing the three safe-haven assets against the performance of the S&P 500 index, finding …

Financial Giant SBI Aims to Launch Crypto Fund Featuring Five Digital Assets: Report

Japanese financial giant SBI Holdings is reportedly launching the country’s first cryptocurrency fund. Bloomberg reports that the fund will invest in Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and possibly other crypto assets.  ADVERTISEMENT   Tomoya Asakura, president of SBI affiliate Morningstar Japan K.K, says the fund primarily targets individual investors who are …

Fast Food Punks Raise Nearly $600K for Charity

On August 28, 2021, nearly $600K ($576,704.32) was raised for the Ronald McDonald House Charities, a non-profit family and children’s charity dedicated to supporting families with sick children in their time of need, by the Honorary Fast Food Punks for the Ronald McDonald Foundation project. This donation will be able to provide nearly 6,000 additional …

Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K

Bloomberg’s senior commodity strategist Mike McGlone has doubled down on call for six-figure Bitcoin (BTC), arguing that the first-born cryptocurrency is well on its way to becoming a global reserve asset that complements the United States dollar.  The September edition of Bloomberg’s Crypto Outlook called $100,000 BTC and $5,000 Ether (ETH) the “path of least …

Million dollar slick avatars: How Pudgy Penguins and 0N1 Force NFTs sold out in minutes

0N1 Force, a new collection of 7,777 generative side-profile avatars generated from more than 100 hand-drawn features has witnessed one of the most impressive starts in non-fungible token (NFT) history, according to DappRadar’s report.  The data acquisition and analysis company that tracks decentralized applications (dapps) across multiple blockchains has analyzed the latest NFT projects, providing …

JPMorgan Says Cryptocurrency Markets Are ‘Looking Frothy’

Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on the stock market and cryptocurrencies. It explains that retail investors bought stocks at a record pace over …

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