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“# First company-sponsored Bitcoin retirement plans launched in US ” U.S.-based asset manager, Digital Asset Investment Management (DAiM), has launched the country’s first employer-sponsored 401(k) retirement plans supporting Bitcoin. According to a Nov. 19 announcement, DAiM will serve as the advisor and fiduciary in helping companies “create a 401(k) plan that offers several recommended model…
“# DeFi tokens make triple-digit gains as Bitcoin price searches for support ” Since topping out at $18,476 on Nov. 17, Bitcoin price has been flirting with the $18,000 level as bulls fight to flip the level to support and chase after the all-time high at $19,789. While this battle takes place and the bulk…
“# MyEtherWallet founder weighs in on the most crypto-friendly country ” With nations around the world each holding significantly different regulations, what is the most crypto-friendly country? Kosala Hemachandra, CEO and founder of MyEtherWallet, labeled the query as a tough one. “First we have to define what crypto-friendly means,” Hemachandra told Cointelegraph. “Some countries, like…
“# Dress to impress: Crypto payments set for mainstream via compliance ” Mainstream interest for cryptocurrency is becoming ever-apparent as major online payment systems such as PayPal begin to offer support for digital currencies. While a revolutionary step for both the crypto and traditional finance spaces, meeting regulatory requirements is crucial in order for such…
“# Number of new Bitcoin addresses spikes amid growing FOMO ” As Bitcoin (BTC) hit a three-year high on Nov. 18, more people around the world have started moving into the world’s largest cryptocurrency, according to Glassnode data. Glassnode, a major provider of cryptocurrency analytics data, recorded a major spike in the number of new Bitcoin…
“# 4 reasons why Bitcoin’s bull run is intact despite a surprise stop hunt ” After Bitcoin (BTC) price suddenly dropped from around $18,500 to $17,200, some traders began to question whether a local top had formed but there are multiple factors that suggest the bull run is still intact. Following the initial pullback, BTC continuously showed…
“# Everything The Felder Report got wrong about Bitcoin ” Bitcoiners are crying foul at former billion-dollar hedge fund manager Jesse Felder’s “inaccurate” hot take blog post about Bitcoin today in which he claims the crypto asset “doesn’t make sense as an investment nor as a currency alternative.” Bitcoiners seemed taken aback by the number…
“# Survey of millionaires finds 73% own or want to invest in crypto ” A survey of more than 700 high net worth individuals, or HNWs, has found that almost three-quarters of millionaire respondents either already own or are looking to invest in cryptocurrencies before the end of 2022. Conducted by financial advisory organization deVere…
“# Price analysis 11/18: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV ” Within the last 24-hours, Bitcoin (BTC) price hit an intraday high of $18,466.14 and this is just roughly 8% lower than the magical $20,000 figure being watched by many traders. However, investors in several countries such as Russia, Argentina, Brazil,…
“# Time is our best friend: Bitcoin’s 12-month trajectory to $100K ” Back in June, I wrote that Wall Street remaining on the sidelines is not necessarily bad for our industry. While most traditional investors are still observing, Bitcoin’s (BTC) mainstream momentum has been building over the last four months. Currently, the Bitcoin price is…