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“# Survey: Almost one in five adult Australians own crypto in 2020 ” A recently published survey by the cryptocurrency exchange platform Independent Reserve shows nearly 20% of young adults in Australia own virtual currencies in 2020. According to the 2020 edition of the Independent Reserve Cryptocurrency Index (IRCI), Australia’s general crypto sentiment improved significantly…
“# Scaramucci’s SkyBridge BTC fund launches with $25 million investment ” Just two days after filing a Form D exemption with the U.S. Securities and Exchange Commission, Anthony Scaramucci’s hedge fund, Skybridge Capital, has launched its proposed Bitcoin (BTC) fund. In a Dec. 23 interview on the Yahoo Finance channel, Scaramucci claimed that the effective…
“# Notorious crypto figures arrested in 2020 ” Over the past year, many prominent and colorful crypto personalities have been apprehended and arrested. From the jailing of antivirus pioneer John McAfee to the laying of charges against executives from one of the world’s largest exchanges, 2020 didn’t exactly shake off crypto’s reputation as a honeypot…
“# These 4 key Bitcoin price metrics clearly reflect traders’ bullish optimism ” As Bitcoin (BTC) price tested the $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. Last week’s trading may have finished at the same level where it started, but the fundamentals for Bitcoin have become even…
“# Bitcoin’s limited supply doesn’t really matter to one markets commentator ” Bitcoin (BTC) has won over a number of mainstream financial gurus in 2020 against the backdrop of a difficult year for the United States economy. Some markets experts, such as Dennis Gartman, however, still remain skeptical of the digital asset. Gold and Bitcoin…
“# New Bitcoin price highs revive old misconceptions about BTC and crypto ” As anyone following the crypto industry will have noticed, yes, Bitcoin (BTC) did recently smash its previous all-time high of around $20,000. Now, many analysts anticipate the cryptocurrency to eventually rise to the mid-$30,000s or even higher within the next few years….
“# TradingView GM explains rationale for continued Bitcoin bullishness ” Following record price highs of more than $24,000 per coin, Bitcoin (BTC) has consolidated, retracing slightly in price. The asset might have stalled for now, but the future remains bullish according to TradingView general manager, Pierce Crosby. “Right now, I see very near-term headwinds for Bitcoin,”…
“# Traditional banks offer digital asset custody amid compliance legislation ” More and more traditional banks have started announcing support for digital assets as the price of Bitcoin (BTC) continues to make headlines for record-breaking all-time highs. Even major banks like JPMorgan Chase, which previously frowned upon Bitcoin, have taken a newfound interest in the…
“# BTC price rises 5% after US Congress passes ‘$900 billion ad for Bitcoin’ ” Bitcoin (BTC) price hit highs above $23,500 on Dec. 22 as Monday’s weakness flipped to see bulls challenge previous levels. BTC price in 5.2% daily gains Data from Cointelegraph Markets, Coin360 and TradingView show BTC/USD returning to positions lost over…
“# Huobi plans return to the US after ceasing operations in 2019 ” Huobi Group, the company behind major global crypto exchange Huobi, is apparently planning to return to the United States with a new license secured from local regulators. After ceasing operations in the U.S. in late 2019, Huobi seems to be interested in…