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“# LibertyX launches Bitcoin-to-cash sales at ATMs in United States ” LibertyX, a major retail network of Bitcoin (BTC) ATMs in the United States, is expanding Bitcoin sales options at thousands of its ATMs. According to an Oct. 26 announcement, LibertyX has enabled a Bitcoin cashout feature at 5,000 regular ATMs across the United States….
“# Price analysis 10/26: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Bitcoin and altcoins are showing signs of short-term exhaustion, meaning a few days of consolidation could occur. <p>Morgan Creek Digital co-founder Anthony Pompliano highlighted data from Santiment, which showed that the 30-day rolling correlation between Bitcoin (BTC) and the S&P…
“# British fintech firm opening physical crypto bank branches in India ” According to an Oct. 26 announcement from Cashaa, the fintech firm will be partnering with India’s United Multistate Credit Cooperative Society to build a crypto-friendly financial institution called UNICAS. This new venture will reportedly include 34 “physical branches and operations” in northern India,…
“# Imploding Trump Pelosi COVID-19 deal leads to 3% Bitcoin price drop ” The price of Bitcoin (BTC) dropped 3% in less than three hours as the U.S. stock market plummeted. Following the pullback, most traders are neutral or slightly bearish on the short-term trend of BTC. Traders and on-chain analysts are now pinpointing $12,500…
“# Central bank digital currencies have the power to upend global finance ” An astonishing 80% of central banks are engaging in work around central bank digital currencies, from research to experimentation and pilot programs. A recent Bank for International Settlements, or BIS, chart demonstrates the growing interest in CBDCs by central banks, as reflected…
“# Kenya’s central bank exploring CBDCs due to ‘mushrooming’ of private cryptos ” The Central Bank of Kenya, or CBK, has reportedly started discussions with international central banks to explore the possibility of entering the central bank digital currency space. CBK governor Dr. Patrick Njoroge told reporters during Georgetown’s DC Fintech week that: ““We [the…
“# Abra CEO’s portfolio is 50% Bitcoin as cash is ‘becoming worthless’ ” The co-founder and CEO of major cryptocurrency company Abra is clearly bullish on Bitcoin (BTC). In an Oct. 23 tweet, Bill Barhydt, CEO of peer-to-peer payments platform Abra, claimed that he has significantly increased his Bitcoin holdings a few weeks ago. According…
“# Bull or bear? Pros don’t care! Here’s 3 strategies every trader should know ” Those new to investing might think that professional traders spend the majority of their time staring at screens day and night in order to analyze the markets and pick the best trades but this could not be farther away from…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, LTC, XLM ” Bitcoin remains in an uptrend but is facing signs of exhaustion above $13,200, suggesting that a minor correction could drag altcoins lower. <p>Hot on the heels of Paypal’s crypto adoption, JPMorgan’s Global Markets Strategy division released a report detailing how Bitcoin…
“# Corporate disclosure is the only way to get crypto institutionalized ” Some people predicted that crypto assets were going to be a fad that would quickly come and go. But in just a short time, we’ve seen crypto assets become the focus of new innovation. Cryptocurrencies have offered value exchange, the ability to generate…