
Monthly Wrap: Bitcoin Nears $20,000, Ethereum Closes Above $600
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) November 2020 price movements.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) November 2020 price movements.
Citigroup Inc (NYSE: C) CEO Michael Corbat recently revealed that the bank has been partnering with central banks globally to build Central Bank Digital Currencies.
Bitcoin is said to maintain its steady rise and more than double from its current price to about $50,000 in 2021 says Bloomberg in their monthly report.
However, with most investors still speculating on the future growth prospects of the assets, Tom Jessop thinks Bitcoin has the chance to become an alternative store of value.
Paul Tudor said that in the next 20 years, digital currencies will be similar to the “complex metals” of today. Here Bitcoin will be the “precious crypto” assuming the role of Gold and other transactional cryptocurrencies will be industrial metals like aluminum and copper.
All professional and semi-professional can invest through the fund in a diversified crypto assets portfolio comprising of Bitcoin, Ether, and Stellar.
Despite the regulatory scrutiny, Spotify has shown willingness to work with Facebook on its Diem project (previously Libra). Besides, the job posting also hints at the company’s willingness to work on the CBDC developments in the crypto industry.
Daniel Masters believes that companies that invest in Bitcoin are getting an edge over their rivals.
Slush Pool is an active and notable player in the crypto sphere whose mining pool offering has earned it a place in today’s Bitcoin ride onto stardom.
The strides of the MXC Exchange became pronounced as it comes off as the first to list the xx coin, the official native digital currency of the xx network.
Both Bitcoin and Gold market value has significantly increased during the pandemic.
Schulman believes that users’ ability to buy, sell and hold crypto strengthens the value of the cryptocurrency.
As part of its Fast Track program, payments giant Visa is working with Circle to integrate the USDC stablecoin making it simpler for businesses worldwide to make instant payments in USDC.
The Crypto.com company currently serves up to 5 million customers providing them with a powerful alternative to traditional financial services.
As the holiday season approaches, charities are getting ready to receive donations of various cryptocurrencies. One such worldwide crypto-focused charity event started on December 1.