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“# Fidelity-backed crypto trading platform OSL secures license in Hong Kong ” OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to a Dec. 15 announcement, the new license allows OSL Digital Securities to operate…
“# Mt. Gox trustee files draft rehabilitation plan ” On Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed…
“# Rich Dad Poor Dad author explains why Bitcoin will see $50,000 next year ” The Bitcoin price (BTC) is heading to $50,000 in 2021, says the best-selling author of “Rich Dad Poor Dad,” Robert Kiyosaki. Kiyosaki pinpointed the “wall of institutional money” is coming to Bitcoin in 2021, which could push the price up…
“# Investigation traces scam Bitcoin celeb ads to Moscow ” A major Bitcoin (BTC) ad scam involving unauthorised images of Australian celebrities who seemingly promoted fake investment schemes is allegedly coming from Russia, according to a new report. Fraudulent Bitcoin ads capitalizing on Australian celebrities like Dick Smith and Andrew Forrest are part of an…
“# Italian Banca Generali to debut crypto services next year ” Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio — a fintech company providing traditional financial institutions with solutions for managing digital assets…
“# 3 reasons why Bitcoin just dropped after failing to break $19.5K again ” The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as$19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback. Bitcoin spiked to around $19,600 because of the momentum of…
“# AAVE, YFI and Elrond surge as Bitcoin price breaks above $19,300 ” Over the weekend Bitcoin (BTC) price made a push back above the $19,000 level as traders showed up and provided enough volume to support the surge. At the time of writing, BTC price breaking above a pennant but the $19,300 to $19,500…
“# Shock survey suggests most investors think Bitcoin won’t top $50K by 2030 ” British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former U.S.-based Bitcoin investors — two-thirds of whom believe BTC is a better long-term store of value than the dollar. More than…
“# Price analysis 12/14: BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM ” Strategists at JPMorgan said in a note that MassMutual’s $100 million Bitcoin (BTC) purchase shows that insurance firms and pension funds are now adopting Bitcoin. According to the analysts, typically this class of institutional investors is conservative in their style of…
“# 4 key Bitcoin price metrics explain why investors are buying each BTC dip ” As Bitcoin (BTC) tested a $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. The week may have finished at the same level where it started, but the fundamentals for Bitcoin have become even…