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“# If Bitcoin doesn’t break record highs right away, it wouldn’t be the worst thing, trader posits ” After its rise past $40,000, and a correction back to nearly $30,000, Bitcoin (BTC) has rebounded once again. Stalling before jumping back up past highs near $42,000 could be good for the asset, however, according to Brian Krogsgard,…
“# Coinbase invests in US-based mining firm amid industry diversification efforts ” Coinbase Ventures, the investment arm of the major crypto exchange, has invested an undisclosed amount into Titan, a developer of software and services targeted at industrial Bitcoin (BTC) mining. According to Titan’s announcement, the investment will help continue development of the company’s products…
“# Bitcoin refuses to ‘die’ as BTC price hits $40K just three days after crash ” Bitcoin (BTC) surged higher on Jan. 14, reaching $40,000 on Coinbase amid fresh evidence of new large buys on exchanges. BTC/USD weekly price candles (Coinbase). Source: Tradingview BTC price adds $10,000 in three days Data from Cointelegraph Markets and TradingView tracked…
“# Exchange-traded products abound, but crypto is still waiting for an ETF ” Swiss SIX Exchange, Switzerland’s principal stock exchange, continues to expand its crypto products with a new Bitcoin (BTC) exchange-traded product, or ETP. On Jan. 13, SIX launched trading of the BTCetc Bitcoin ETP (BTCE), a new crypto ETP product issued by London-based…
“# UK’s FCA crypto derivatives ban may push retail investors to riskier grounds ” It has stated a variety of reasons for why the products cannot be “reliably valued” by retail consumers, such as financial crime, volatility and an inadequate understanding of crypto assets being the main ones. It was estimated that retail investors will…
“# Pantera Capital CEO doubles down on $115K Bitcoin prediction for 2021 ” Dan Morehead, founder and CEO of Bitcoin (BTC) investment firm Pantera Capital, has maintained his bullish Bitcoin prediction for 2021. Bitcoin is poised to hit as much as $115,000 by August 2021, surging 200% in the next eight months, Morehead reportedly said at…
“# Programmer has two password guesses left before losing $266M in Bitcoin ” A German-born programmer in San Francisco has now used up eight of 10 password attempts he has to unlock the hard drive containing the private keys to his Bitcoin wallet, which contains 7,002 Bitcoin (BTC). As of press time, those holdings would…
“# Man offers city $72M to dig up accidentally discarded Bitcoin fortune ” James Howells, the owner of a discarded hard drive with 7,500 Bitcoin (BTC), has made a fresh plea to excavate a landfill site and possibly recover the device. Back in 2013, Howells accidentally threw away a hard drive containing 7,500 BTC while…
“# Is a new rally brewing as Bitcoin reclaims $38K and stablecoins ‘flooding’ exchanges? ” The price of Bitcoin (BTC) has extended its recovery on Jan. 14, reclaiming the $38,000 level. What’s more, the weekly candle has now turned green for the fifth consecutive week despite the 28% crash earlier this week. BTC/USD Weekly candle…
“# Jack Dorsey cites Bitcoin as a better model for the internet in Trump ban explanation ” Twitter CEO Jack Dorsey cited his passion for Bitcoin and decentralization in a 13-Tweet thread today explaining why the company banned U.S. President Donald Trump from the platform last week. Although claiming this was the “right decision for…