Coinbase CEO Brian Armstrong also explained the reverse effects of the rumored regulation.
Bitcoin was nearly hitting a new all-time high earlier this week after it rose $19,469 for the first time since December 2017. However, today, it lost around 11% of its value.
The report that has been authored by Doncho Karaivanov reviews different factors before settling on the conclusion that Satoshi lived in London.
The Redditor accused PayPal of maliciously closing his account and having incompetent staff members who are not up to date with the crypto industry.
James Emmett, Libra Networks Managing Director, is convinced that the expertise of Saumya Bhavsar will be crucial in launching and managing the permissioned blockchain-based payment system.
Money On Chain and RSK are further making the case for BTC being the hub around which defi revolves, the future is looking bright for Bitcoin.
VanEck has pushed out of the US into the European markets and, with favorable regulations, it expects to have a better embrace in the region where similar products are already available.
The rally in the crypto-market undergoes as Bitcoin is only a few hundred dollars away from hitting its all time high. Bitcoin dominance is dropping drastically since November 18 providing enough space and volumes for the boost of altcoins. This week only Bitcoin dominance is down to 3.35%.
South Korean lawmakers want to delay the implementation of the new rules in order to give more time to crypto exchanges to get ready.
The Bank of Japan noted last month that initiatives to test its digital yen currency are underway.
Todd Gordon believes that Bitcoin may march on to $74,000. His prediction can, however, fall short of up to 61% which is around $34,000.
Crypto Banter, the world’s first crypto news live streaming platform, has gone live prior to the 2021 bull market. For a long time, the global crypto market lacked a media outlet that never sleeps but continuously caters to the rapidly growing crypto enthusiasts’ needs.
Acknowledging that the guidance is necessary for protecting customers in the US, Coinbase added that the company hopes to help the commission achieve the goal.
Bitcoin rallied to the price level of $19,348.27. It was the second time when it was trading above $19k since its inception.
Bitcoin and XRP are not the only currencies whose price has shown such performance. Other altcoins like Ethereum (ETH), Chainlink (LINK) are on a steady rise as well.