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“# Why Bitcoin price just hit $19,000 for the first time in 3 years ” The price of Bitcoin (BTC) hit $19,000 on Nov. 24 for the first time since the historic rally in December 2017. Three key reasons are behind the dominant cryptocurrency’s strong momentum. The main factors buoying BTC’s ongoing rally is whale…
“# Crypto.com secures regulatory approvals from Maltese authorities ” Cryptocurrency exchange and debit card provider Crypto.com has scored major regulatory approvals from the Maltese government. According to a Nov. 24 announcement, the Malta Financial Services Authority, or MFSA, has granted Crypto.com two financial licenses: a Financial Institution License and a Class 3 Virtual Financial Assets,…
“# Simple steps to get started trading Bitcoin ” As Bitcoin (BTC) keeps gaining momentum, the fear of missing out on investing in the world’s largest cryptocurrency is growing each day. On Nov. 18, Bitcoin (BTC) broke a $18,000 price mark for the first time since December 2017, less than a 10% away from its…
“# Japanese financial giant SBI debuts Bitcoin lending service ” Japanese financial giant SBI Group is introducing a cryptocurrency lending service through its crypto-related subsidiary, SBI VC Trade. According to an official announcement on Nov. 24, the new crypto lending platform will allow users to lend their crypto to SBI and earn interest at a…
“# Bitcoin hits the front page of The Wall Street Journal ” After rallying 80% in two months, Bitcoin is recapturing media interest from the top end of town, with The Wall Street Journal discussing the cryptocurrency’s adoption among institutional investors on the front page of its Nov. 23 issue. The report notes that Bitcoin…
“# Key Bitcoin and Ethereum options metrics show traders are wildly bullish ” In the last few days, Bitcoin (BTC) price has underperformed Ether (ETH) by almost 20%. Even though BTC seems to be struggling to break the $18,800 barrier, both cryptocurrencies display the same bullishness according to derivatives markets data. BTC/USD and ETH/USD at…
“# Price analysis 11/23: BTC, ETH, XRP, LINK, LTC, BCH, DOT, ADA, BNB, BSV ” Bitcoin (BTC) has been leading the current crypto rally for the past few weeks and this has boosted its dominance from 56% on Sep. 3 to 67% on Nov. 18. However, as Bitcoin nears its all-time high, it seems to…
“# Bitcoin go up, Coinbase go down: Exchange outages and trader outrage ” Coinbase appears to have a capacity problem. Users have pointed out for years that when Bitcoin and other crypto assets are especially volatile, the exchange sometimes goes offline without warning. These outages can prevent customers from buying or selling their crypto assets,…
“# Bitcoin is already outperforming the halving that sparked $20K all-time high ” Bitcoin (BTC) has more than doubled since its latest block subsidy halving and is now outpacing its last bull run. Data compiled by on-chain monitoring resource ChartsBTC on Nov. 23 shows that versus its two previous halvings, Bitcoin in 2020 is right…
“# Russia’s Gazprombank debuts Bitcoin trading in Switzerland ” Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators. According to a Nov. 19 announcement, Gazprombank will provide its new cryptocurrency solution in collaboration with its long-running partners like fintech…