Bitcoin (BTC/USD) Price Downsizes, Averaging $45,000

Bitcoin Price Prediction – December 14There have been differential signs that the BTC/USD price downsizes, averaging $45,000 support line. The crypto economy had earlier moved down to $46,299 before trading around $47,030 at a smaller percentage rate of about 0.40. BTC/USD Market Key Levels:Resistance levels: $52,500, $55,000, $57,500Support levels: $45,000, $42,500, $40,000BTC/USD – Daily ChartThe …

$243 Billion Investment Fund CEO Says He’s Looking Closely at Crypto Space, No Longer a Skeptic

The chief executive of a $243 billion sovereign wealth fund says his business plans to move into crypto and change the industry. Khaldoon Khalifa Al Mubarak, CEO of the Mubadala Investment Company, tells CNBC in a new interview that he now thinks crypto “is real.” “I think this is a business that had what, $200 …

‘Plan for More Pain’ – Top Analyst Reveals Why He’s Not Ready To Pile Back Into Crypto Markets Just Yet

Crypto analyst Justin Bennett says one factor will likely have to change before he flips bullish on the digital asset markets again. The closely followed analyst tells his 94,000 followers on Twitter that he’s keeping a close eye on the US dollar index (DXY). The DXY compares the USD to a basket of other fiat …

Shark Tank Star Kevin O’Leary Bullish on Coinbase Despite Heavy Correction of Crypto Exchange’s Stock – Here’s Why

Shark Tank investor Kevin O’Leary says he’s optimistic about Coinbase’s long-term potential despite the considerable drop in the company’s stock price. In an interview with CNBC’s Halftime Report, O’Leary notes that while pressure from regulators stifled Coinbase’s plans to offer yields on the USD Coin (USDC) stablecoin in the US, the crypto exchange’s Lend product …

Dogecoin Spikes After Elon Musk Says Tesla Will Start Accepting DOGE Payments for Merchandise

Tech billionaire Elon Musk has sent Dogecoin (DOGE) on a ride after announcing that Tesla will start accepting DOGE as payment for select items. In a tweet to his 66.4 million followers, Musk says that Tesla will test out DOGE payments on some of its merchandise. Tesla will make some merch buyable with Doge & …

Witnesses offer differing opinions on approach to stablecoins at congressional hearing

The Senate Committee on Banking, Housing and Urban Affairs heard from several expert witnesses with knowledge of stablecoins who urged lawmakers to establish a clear regulatory framework but could not seem to agree on where lines would be drawn. In a Tuesday hearing on “Stablecoins: How do They Work, How Are They Used, and What …

Data suggests traders view $46,000 as Bitcoin’s final line in the sand

Dec. 13 will likely be remembered as a “bloody Monday” after Bitcoin (BTC) price lost the $47,000 support, and altcoin prices dropped by as much as 25% within a matter of moments.  When the move occurred, analysts quickly reasoned that Bitcoin’s 8.5% correction was directly connected to the Federal Open Market Committee (FOMC) meeting, which …

Humans.ai’s HEART Token Gets Listed on KuCoin and Tops $30 Million Volume on the First Day of Trading

December 14, 2021 – Vaduz, Lichtenstein Humans.ai, deep tech company developing an all-in-one platform for AI-based creation and governance at scale, is excited to announce that its native HEART token is now listed on one of world’s top cryptocurrency exchanges, KuCoin, as of Monday, December 13, 2021, achieving over $30 million volume on the first …

Here’s the Potential Catalyst for Mass Consumer Adoption of Crypto, According to Macro Guru Raoul Pal

Real Vision CEO and macro guru Raoul Pal is naming one key catalyst that can ignite the mass consumer adoption of digital assets. In a new interview streamed on Real Vision, the former Goldman Sachs executive says that mass consumer adoption will happen when people stop thinking of buying crypto as an investment. “You just …

The Death of the Traditional Savings Account – BitMEX EARN Launches More 14% APR Products for Tether

December 14, 2021 – Mahé, Seychelles BitMEX, one of the world’s leading crypto derivatives platforms, is launching another high-return BitMEX EARN product today following a strong response from its users and the crypto community that saw them become fully subscribed. BitMEX EARN is simply better than other earn programs offered by competitors because of the …

Hackers Compromise Twitter Account of India’s Prime Minister, Promote Bitcoin Giveaway Scam: Report

The Twitter account of India’s Prime Minister Narendra Modi was reportedly compromised by bad actors in an effort to perpetrate a Bitcoin giveaway scam. According to a CNN report, the hackers sent out a message from Narendra Modi’s verified Twitter account claiming that India had adopted Bitcoin as legal tender. The hackers also said that …

Mintable app to support minting NFTs on the layer 2 Immutable X protocol

Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer 2 solution for NFTs on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH and ERC-20 tokens with instant confirmation and no gas fees. According to Mintable’s Twitter thread, Mintable …

‘DeFi is the most dangerous part of the crypto world,’ says Senator Elizabeth Warren

Massachusetts Senator Elizabeth Warren did not hold back in her criticism of decentralized finance, expressing concern about how a run on stablecoins would affect the average investor. In a Tuesday hearing with the Senate Banking Committee discussing stablecoins, Warren questioned Professor Hilary J. Allen of the American University Washington College of Law as to whether …

Coinbase Wallet rolls out support for NFTs

United States crypto exchange Coinbase has made new upgrades to its self-custody wallet, including adding support for nonfungible tokens, or NFTs, in a move that could drive further adoption of its browser extension.  The company announced Tuesday that Coinbase Wallet will soon be able to support NFTs, giving users the ability to view their collections …

NYDIG raises $1B in funding, valuation now $7B

On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in Bitcoin financial services such as savings accounts, trading brokerages, 401(k)s, etc., announced it had secured a $1 billion equity investment led by WestCap. The funding places its valuation at nearly $7 billion. The firm has proved to be popular among institutional …

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