Mt. Gox is inching closer to refunding its users one day. On Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether […]
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Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider. Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio — a fintech company providing traditional […]
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Bitcoin price saw a sudden 2.5% drop after hitting as high as $19,570 in an overnight rally. The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as$19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback. Bitcoin spiked to around $19,600 because of […]
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Bitcoin’s bullish move above $19,300 is pulling select altcoins closer to their key overhead resistance levels. 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 […]
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A survey from Genesis Mining has found that most Bitcoin investors aren’t expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exceeding $500,000. 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 […]
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The online payment platform launched crypto trading for U.S. customers on Nov. 12. 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 […]
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Some crypto investors are willing to risk extensive financial obligations for a chance to get into Bitcoin. Taking on debt is a complex personal decision that should not be entered into without great care and financial consideration. With Bitcoin’s (BTC) recent return to all-time price highs, some moonstruck Bitcoiners have begun taking out bank loans […]
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Bitcoin price regained the $19,000 level and continues to trade in a range, providing altcoins with the opportunity to steadily move higher. 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 […]
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An assortment of Bitcoin futures and options indicators are signaling that investors view every BTC dip as a buying opportunity. 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 […]
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Despite the snapshot on Dec. 12 for the upcoming FLR airdrop event, XRP’s value has not gained much ground, staying put at around $0.50. While Bitcoin (BTC) has hogged the majority of the mainstream limelight when it comes to the recent bullish action seen in the crypto market, the altcoin XRP has also surged over […]
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