CNBC analyst Brian Kelly identifies two macro catalysts that are pushing Bitcoin (BTC) to its highest level since it crashed in May. In a new episode of Fast Money, the CEO and founder of digital currency investment firm BKCM says that issues primarily affecting traditional assets like stocks and bonds now influence the price of …
Monthly archives: October 2021
Ojamu Launches on Uniswap After Successful IDO Launch
October 11, 2021 – Singapore, Singapore Ojamu is excited to announce the listing of its native OJA token on the Uniswap platform after selling out its IDO in minutes in the first-ever triple IDO on the PAID/IGNITION Global, Asia and India platforms. The Uniswap listing marks an essential milestone for the MarTech platform, which leverages …
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BitTorrent Announces First Three Winners Leading Up to 10 Million BTT Grand Prize
October 10, 2021 – San Francisco, California BitTorrent, a leader in peer-to-peer protocols and products, announced the first round winners of the Golden Wallet Sweepstakes – a new incentive program designed to reward the community members and drive more engagement. Eray Özgen, a Turkey resident, was awarded the one million BTT in the first weekly drawing. …
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Swiss think tank initiates vote to add Bitcoin in federal constitution
2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative to potentially make Bitcoin one the country’s reserve assets. On Oct. 8, the association announced plans to start a federal popular initiative aiming to collect 100,000 signatures for introduction of Bitcoin to the …
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UK’s Ex-Chancellor Philip Hammond to advise crypto firm Copper
Former Chancellor of the Exchequer in the United Kingdom, Lord Philip Hammond, has joined cryptocurrency custodial group Copper as a senior advisor with the ambition of “promoting the UK as a Global leader in digital asset technology.” The London start-up firm, which provides custodial and infrastructure services in the digital asset sector, reportedly facilitates over …
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Bitcoin’s $100K price target returns as BTC price breaks out of bull pennant
Bitcoin (BTC) looks poised to pursue a run-up towards $100,000 as its price breaks out of a classic bullish structure. Dubbed as Bull Pennant, the setup represents a price consolidation period with converging trendlines that form after a strong move higher. It ultimately prompts the price to break out in the direction of its previous …
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Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11
There is nothing surprising about Senator Cynthia Lummis, a Wyoming Republican known to be among the staunchest crypto supporters in the U.S. legislature, revealing a sizable Bitcoin (BTC) purchase that she had made earlier in the summer. It is still oddly satisfying to observe the alignment between a politician’s long-declared stance on an issue and corresponding …
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Bitcoin (BTC) hashrate shifts to the US as states vie for miners’ attention
Months after China kicked out crypto miners citing environmental concerns of the industry, a report from Foundry USA has shown that miners emigrating to the United States are seeking renewable energy sources for their operations. New York is attracting BTC miners According to the report from the biggest mining pool in North America and the …
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Trading crypto? Here’s how to decide between CEXs or DEXs
There is a very well-known saying made famous during the California gold rush: “During a gold rush, promote shovels.” This phrase indicated that there are more innovative methods to capitalize on a rising enterprise without immediately competing with the alternative gold miners. Since the crypto bull market in 2017, many innovators in the crypto industry …
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Bitcoin Skyrockets Above $57K, Recaptures Trillion Dollar Market Cap, Double-Digit Weekly Gains
The price of bitcoin continues to climb higher as the crypto asset has captured over 19% in gains during the last seven days. Bitcoin tapped a daily high on Monday reaching $57,678 per unit, jumping 4.4% in the last 24 hours. Bitcoin Outperforms the Pack as Speculators Assume ETF Approval Is Coming It seems crypto …
Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’
On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of crypto investors who believe that a bitcoin exchange-traded fund (ETF) will send the crypto asset’s value to the moon, Morehead explains it could be a negative event and when it officially launches he said he …
Akt.io Shows How DeFi Is Shaping the Future and Why Financial Institutions Are Ripe for Disruption
sponsored Investing has become mandatory for those who want to secure their financial future. Despite this need, the accessible alternatives for those wanting to put their money to work are few. Akt.io will change this and democratize the world of investing. Why do you need investments? With current accounts offering zero returns and savings accounts …
Poland’s Central Bank Says It Will Add 100 Tons of Gold to Existing Holdings in 2022
The Polish central bank, the National Bank of Poland (NBP), is reportedly planning to raise its gold reserves by 100 tons in 2022. According to bank governor Adam Glapinski, the objective of this decision is to prepare Poland for “the most unfavourable circumstances.” Gold’s Safe Haven Status In his remarks during an interview with the …
Bitcoin and Crypto on the Brink of Rising to $10 Trillion Market Cap, Says Top Analyst – Here’s His Timeline
A top crypto analyst and trader says Bitcoin and the rest of the crypto markets are on the cusp of a massive breakout that can push the valuation of all digital assets to $10 trillion. Justin Bennett tells his 73,600 followers that the TOTAL chart, which tracks the market capitalization of all crypto assets, is …
Bank of England Issues Warning to Financial Institutions Thinking of Adopting Crypto
The Financial Policy Committee (FPC) of the Bank of England has issued a warning to financial institutions considering jumping into the crypto markets. In the latest issue of Financial Stability in Focus, the FPC says that crypto has become increasingly integrated into the financial system as digital assets and their related markets and services continue …