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Bank of Korea Governor expressed skepticism over the recent crypto rally

  • General
February 23 2021, 10:22February 23 2021, 11:30 VasiliyKoshkin

Amid a major downward correction in the cryptocurrency market, the head of South Korea’s central bank is skeptical about digital currencies like Bitcoin (BTC). Bank of Korea Governor Lee Ju-yeol said …

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Coinbase Whale Accumulation Might Prevent Bitcoin Dropping Below $44K

  • Bitcoin
  • General
February 23 2021, 10:12February 23 2021, 12:20 VasiliyKoshkin

Bitcoin prices have recovered somewhat since yesterday’s flash crash drove them into the ground temporarily, but metrics from Coinbase suggest there could be a $44k bottom due to whale accumulation.

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Bill Gates: “Bitcoin Is Only for Billionaires Like Elon Musk”

  • Bitcoin
  • General
February 23 2021, 10:10February 23 2021, 11:30 VasiliyKoshkin

According to Microsoft co-founder Bill Gates, you shouldn’t touch Bitcoin if you are not as rich and “sophisticated” as Tesla CEO Elon Musk: The fourth-richest person in the world took …

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Three reasons the Fantom (FTM) price continues to climb to new all-time highs

  • General
February 22 2021, 17:06February 23 2021, 13:09 VasiliyKoshkin

Interoperability has emerged as the hot topic in February as platforms like Binance Smart Chain and Polkadot work on building Ethereum network bridges that allow users to escape high transaction …

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Bitcoin to print hugest hourly candle in history after BTC rebounds strongly to $54K

  • Bitcoin
  • General
February 22 2021, 16:11February 23 2021, 11:28 VasiliyKoshkin

Data from Cointelegraph Markets and TradingView shows BTC/USD falling heavily during Monday trading, hitting lows of $47,400. After reversing at all-time highs of $58,312 on Sunday, Bitcoin fell almost $7,000 in under an hour, …

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India’s Financial Regulator Orders Against Crypto Holdings

  • General
February 22 2021, 14:38February 23 2021, 10:24 VasiliyKoshkin

The Securities and Exchange Board of India (SEBI) has reportedly ordered stock promoters to exit all cryptocurrency holdings before raising funds. SEBI has reached out to “merchant bankers, securities lawyers and …

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Bitcoin is having its bloodiest day in over a month: it collapses below $53K

  • Bitcoin
  • General
February 22 2021, 14:21February 23 2021, 11:45 VasiliyKoshkin

While Bitcoin bulls are laser-focused on $100,000, bears have seemingly gained the upper hand. The cryptocurrency has so far dropped 8.53 percent on Feb. 22, recording its biggest drop since …

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In Singapore, Bitcoin to challenge gold as a store of value

  • Bitcoin
  • General
February 22 2021, 11:53 VasiliyKoshkin

In ancient China, small golden or silver ingots were used as currency. Its weight in taels — a weight measurement unit in regions of East and Southeast Asia — determined its value. …

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Tesla’s already seeing massive gain from Bitcoin

  • Bitcoin
  • General
February 22 2021, 10:46February 23 2021, 10:22 VasiliyKoshkin

Tesla has already seen enormous gains from its recent Bitcoin investment according to analyst data. According to an analyst at Wedbush Securities, Tesla’s investment is looking at approximately $1 billion USD since …

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Cryptocurrency market is too big to ignore according to Nigeria SEC

  • General
February 22 2021, 10:39February 23 2021, 10:21 VasiliyKoshkin

Having recently suspended its planned crypto regulations in the wake of the central bank ban, Nigeria’s Securities and Exchange Commission has clarified its position on cryptocurrencies in the country. According to a report by Premium …

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