Bitcoin Cryptocurrency News

Why the Second U.S. Stimulus Round Could Stimulate a Bitcoin Rally

This week, United States President Donald Trump told media that Americans can expect a “generous” second stimulus check issued. Like the first round of checks, some of this money flowing into crypto could cause a short term Bitcoin rally. And with the stimulus potentially coming while Bitcoin is consolidating below resistance, it could lead to Read more…

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Bitcoin Cryptocurrency News

The PayPal Bitcoin News Isn’t Entirely Bullish: Kraken CEO Explains

On Monday, the Bitcoin and crypto space saw one of the most positive news events in months. Citing three sources, CoinDesk reported that multi-billion-dollar payment giant PayPal is looking into rolling out cryptocurrency trades. A “well-placed industry source” said to the outlet: “My understanding is that they are going to allow buys and sells of Read more…

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Bitcoin Cryptocurrency News

Novogratz: Bitcoin Price To Reach $20,000 As Fed Prints and Buys Too Many Dollars

Former Wall Street hedge fund manager and prominent investor Mike Novogratz recently said that Bitcoin could break the coveted $10k mark soon and jump to $20,000. He also noted that the digitalization of money had begun worldwide, and the US needs to catch up with other nations such as China. Bitcoin To $20K, Says Novogratz Read more…

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Bitcoin Cryptocurrency News

SEC’s Bitcoin-skeptical chair may soon be replaced, boosting crypto

One of the most pressing questions crypto investors have wanted an answer to is when Bitcoin will get an exchange-traded fund. A BTC ETF, which would be accessible through Wall Street’s biggest brokerages, would dramatically increase the accessibility of Bitcoin to a retail and institutional audience. This is due to the fact that ETFs are Read more…

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Bitcoin Blockchain Cryptocurrency News

Japan megabank Nomura launches Bitcoin and crypto custody for institutional investors

Institutional investors are coming in hard and fast to the crypto market and, whether you like it or not, seem like they are here to stay. “Komainu” Japan’s top financial services and banking firm Nomura launched its much-awaited Bitcoin custody service for institutional investors this week, after over two years of development and clearing regulatory Read more…

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Blockchain Cryptocurrency News

World Economic Forum Names Chainlink a 2020 Pioneer

Chainlink has been included in a top list of technology pioneers by the World Economic Forum. The selection consists of some of the biggest names which are leaving their mark in several industries, including blockchain and other tech innovations. Among The Most Promising Tech Integrators Upon the 20th anniversary of the Tech Pioneers community, The Read more…

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Altcoin Blockchain Cryptocurrency News

REN Skyrockets 40% Following the Mainnet Launch

Ren, the open-source protocol enabling permissionless and private transfers of value between any blockchain, launched its mainnet and a dApp utilizing it within a few weeks. Interestingly, the protocol’s native cryptocurrency REN has gained more than 40% of value in the same period. Ren Launches RenVM Mainnet The blockchain-based company announced the release of its Read more…

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Cryptocurrency News

U.S. bank JPMorgan: Bitcoin shows “strong” resilience even after massive price plunges, cryptocurrency is here to stay

JPMorgan Chase, one of the world’s largest banks with $2.6 trillion under management, acknowledged Bitcoin’s “staying” power earlier this week. The bank gave “mostly positive” feedback after an internal assessment for the pioneer cryptocurrency. Trader’s utopia Eleven years after Bitcoin’s introduction — a period which saw scams, hacks, global media coverage, stomach-wrenching price drops, and Read more…