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“# Bitcoin theft is likely to surge in meager post-COVID economy: report ” Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and anti-virus provider, Kaspersky Lab. Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting some specific types of…
“# Bitcoin price hits $19K as bulls show no fear of record futures gap ” Bitcoin (BTC) returned to $19,000 on Nov. 30 as a weekend surge continued to produce fresh gains for investors and hodlers. BTC price up 18% against weekly lows Data from Cointelegraph Markets and TradingView showed BTC/USD retaking another key psychological…
“# Record gold outflow ‘isn’t going into ripples’ — only Bitcoin, says fund manager ” The ongoing Bitcoin (BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative. At the same time, the gold market has seen large outflows…
“# ‘Black Friday’ BTC sale officially over? 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is back this week as a rebound takes the largest cryptocurrency ever closer to new all-time highs — what’s in store? Cointelegraph takes a look what could move Bitcoin markets in the coming days as buyers emerge…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, XLM, XEM ” As Bitcoin price rallied to a new 2020 high, the open interest on CME Bitcoin (BTC) futures rose to $1.16 billion, making it the world’s largest Bitcoin futures market, according to Arcane Research. This suggests that institutional investors are relatively unmoved…
“# Hodlers thankful as Bitcoin is gainful: Bad Crypto news of the week ” It’s been another bumper week for Bitcoin, another reason for hodlers to feel grateful. The dollar value remains over $17,000 having reached a three-year high when it topped $19,000 for only the second time. People are starting to notice. The Wall…
“# Bitcoin may see major price volatility at the start of December — Here’s why ” The price of Bitcoin (BTC) faces two crucial events on Dec. 1 right after the weekly and monthly candles close. The upcoming weekly candle close is particularly noteworthy because it could mark the first red weekly candle since late…
“# Weekend bull trap? Traders remain cautious as Bitcoin price rebounds to $18K ” The price of Bitcoin (BTC) surged above $18,000 on Nov. 29, reaching as high as $18,209 on Binance. However, traders are turning cautious despite BTC’s weekend rally. Bitcoin currently faces resistance at around $18,200, which is also the 10-day moving average…
“# Guggenheim Partners prepares to dip investment fund’s toes into Bitcoin ” An SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the largest yet: the $275 billion financial services firm Guggenheim Partners. The Guggenheim filing allows the Macro Opportunities fund to…
“# High priced $32K Bitcoin options show some pro traders expect more upside ” A month ago, one would be hard pressed to find any investor who would have expected a $32,000 Bitcoin (BTC) price for January. At the time, a 140% upside was needed from the $13,300 price on Oct. 30 and this seemed…