Cryptocurrency companies in the United Kingdom could face temporary registration limits to continue their services.
Growing demand for BTC corresponds with evidence suggesting that it is no longer traded only by tech-savvy early adopters.
Bitcoin price has just hit $20,000 for the first time ever as investor popularity continues to surge for the world’s most highly-demanded cryptocurrency.
Bulls continue supporting Bitcoin at the time of descending corrections.
The survey revealed that investors are increasingly optimistic about Bitcoin. The top cryptocurrency was the third-most crowded trade at 15%, beating traditional heavyweights such as gold and bonds.
If Bitcoin starts trading at $50,000, its market cap will then rise to $928 billion which is about 10% of the market cap of gold.
The Sovryn platform is built using the Bitcoin-powered smart contract infrastructure RSK thereby making it suitable for DeFi applications and more secure than the Ethereum-blockchain network.
Binance has officially started shipping its Visa cards to the European Economic Area. The card is now officially supporting Ethereum.
Evercore noted that PayPal’s crypto offering will “substantially” boost its consumer engagement as well as transaction margin. PayPal has already witnessed massive demand for its crypto services within weeks of going live.
Coinstar kiosks are evenly distributed and currently accessible by about 90% of the American population.
JPMorgan strategists note that if all big fund houses and institutional giants start allocating even 1% of their assets to Bitcoin, it can create an additional inflow of $600 billion in the world’s largest cryptocurrency.
Buterin has asked users to maintain caution with the volatile asset class and revealed that he had sold half of his Bitcoin holdings in 2013 to avoid going broke.
From the time it began Bitcoin mining operation in 2016, Fidelity has been working to bring the future of cryptocurrencies into the legacy world.
Bitcoin price shows northward momentum owing to rising confidence among institutions. The institutional developments and money inflow in Bitcoin have triggered investor optimism in the market.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) weekly price movements. Dec, 2020.