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“# Bitcoin dips below $50K as Evergrande defaults on US dollar debt ” Bitcoin (BTC) kept $50,000 as a focus on Dec. 9 as consolidation on BTC/USD continued to avoid last week’s lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin “appears on track” Data from Cointelegraph Markets Pro and TradingView showed the pair acting within…
“# Dogecoin and Ether rank in top 10 news searches on Google in 2021 ” Major cryptocurrencies Ether (ETH) and Dogecoin (DOGE) made the list of the world’s most searched terms in 2021 on Google On Tuesday, Google released its traditional annual list of the top searches for the year, breaking them down into several…
“# Visa announces new crypto consulting service for merchants and banks ” Payments giants Visa is launching new consulting and advisory services in a move to help its clients navigate the world of cryptocurrencies. The firm said on Dec. 8 that its crypto advisory practice, housed within its consulting and analytics division, will offer advice…
“# Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’ ” Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars worth of Ether in the time since CEO Zhu Su publicly slammed the cryptocurrency on Twitter. Do the purchases mean he’s changed his mind, or was…
“# Coinbase adds ‘ETH2’ despite tomorrow’s Ethereum upgrade postponing difficulty bomb ” Cryptocurrency exchange Coinbase has added a mirrored version of the Ethereum blockchain’s native token Ether (ETH) to its crypto price index, just ahead of a key network upgrade on Dec. 10. Dubbed “ETH2,” the symbol appeared to have been tracking the original Ether…
“# Fidelity and Nexo are entering institutional lending market ” Fidelity Digital Assets — the crypto wing of Fidelity Investments — and crypto borrowing and exchange platform Nexo have announced a partnership to offer crypto custodial services, products and lending services for institutional investors. The two firms will create a comprehensive product line and legal…
“# Survey says crypto popular holiday gift for Americans — NFTs not so much ” Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) and Ether (ETH) are set to become the gift of choice for people of the United States, a new study by crypto lending firm BlockFi revealed. Conducted in October among more than 1,250 U.S….
“# Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021 ” As 2022 draws closer, some cryptocurrency investment experts are now doubtful on whether Bitcoin (BTC) has enough time to hit $100,000 in 2021. Following a major flash crash in the cryptocurrency market, Bitcoin is unlikely to break new all-time highs in the…
“# Third-biggest Bitcoin whale’s holdings total $6B after ‘whopping’ 2.7K BTC buy-in ” Bitcoin (BTC) returning to $50,000 overnight inspired one of the largest wallets to buy the equivalent of $137 million more. Blockchain data from on-chain monitoring resource BitInfoCharts highlights how one entity “bought the dip” like no other. Someone “buys the dip” to the…
“# Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes ” Nasdaq Stockholm has announced that 21Shares has listed its first two physically backed exchange-traded notes (ETN) on the Swedish trading platform. The two instruments listed, with Bitcoin (BTC) and Ether (ETH) as underlying assets, represent a new segment for ETNs — a type of unsecured debt…