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“# Binance Visa cards are now shipping to European customers ” Binance, the world’s largest cryptocurrency exchange, has started shipping its physical Binance Visa cards in the European Economic Area. According to a Dec. 14 announcement, users in the EEA region will soon receive their physical Binance Visa cards. Customers that already ordered the card…
“# 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…
“# PayPal stock has surged 17% since enabling Bitcoin purchases ” PayPal’s stock reached record highs on Monday, capping off a strong period of outperformance relative to the Nasdaq and broader U.S. stock market. Since Nov. 12, the technology-focused Nasdaq has gained around 6.5%. The broad S&P 500 Index of large-cap stocks is up 3.5%…
“# 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…
“# Swiss crypto bank Sygnum tokenizes shares and prepares for public offering ” Sygnum, a major cryptocurrency bank in Switzerland, has successfully tokenized its shares on a blockchain in preparation for its upcoming public sale. According to an official Dec. 14 announcement, the bank tokenized its shares on the Ethereum blockchain using a proprietary tokenization…
“# MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says ” MassMutual’s $100 million Bitcoin (BTC) purchase shows that the demand for cryptocurrency will be growing further, according to strategists at major investment bank JPMorgan. In an investor note on Dec. 11, JPMorgan strategists including Nikolaos Panigirtzoglou reportedly suggested that Bitcoin adoption is now…
“# Here’s 5 key Bitcoin factors to watch as new investors buy BTC in 2021 ” The end of 2020 has been lighting up crypto-centric subreddits and feeds of Bitcoin hodlers as the appetite for the digital bullion reaches an all-time high. The explosion has been accelerated via the adoption of the network by PayPal,…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, XEM, AAVE ” December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase. Business intelligence firm MicroStrategy announced that it had raised $650 million worth of convertible bonds at a rate…