Bitcoin has failed to stabilize above $3,600, which is leading the crypto markets to now face new levels of support. Today’s downwards move has led many altcoins to plunge 6% or more, and they are showing few signs of major buying support near their current price levels. Analysts have mixed…
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The American broadcaster Max Keiser has incorporated his love for this nascent asset class onto his and his wife’s show hosted on RT, which has been fittingly named the “Keiser Report.” Love for bitcoin Recently, Keiser called on Jimmy Song, a Bitcoin Core developer and leading cryptocurrency educator, to sit…
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This week, information was circulated about the legal status of cryptocurrencies and cryptoactive technology in two Asian countries, where governments have been characterized by a restrictive and rejecting stance towards the sector: India and China. How is the situation in India and China? In India, the media echo the complaints…
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One of the most popular questions asked about Bitcoin is how many Bitcoins are out there. The short answer is quite popular. Many would assert that there are 21 million Bitcoins without getting into the intricacies of money supply within the Bitcoin network. People who ask how many Bitcoins are…
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It is normal that after what happened in 2018, many people have lost their hopes in Bitcoin and cryptocurrencies in general. So the question is: how to trust an industry that promised so many things and throughout the year only brought blunt falls, multiple cases of scams and big thefts?…
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While Bitcoin is down over 81 percent from its peak, crypto-enthusiasts still hold firm belief in the leading cryptocurrency. Experts are calling out a bottom to be near and a good year ahead for the crypto market. Expectations for Bitcoin Bitcoin is expected to go lower than its current position…
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Vontobel, one of the most important private banks in Switzerland, announced in an official press release that it will launch a cryptocurrency escrow service for banks and asset managers. About Vontobel The bank, located in Zurich, will be the third largest financial institution to offer a cryptocurrency escrow service in…
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The largest Swiss investment bank, Vontobel, has introduced a crypto-custody solution for banks and asset managers. Multi-billion bank offers crypto service With assets of CHF 110.3 billion (USD 112.2 billion) under its actively enhanced asset management tool, Zurich-based Vontobel Bank is reportedly the third largest financial services provider in Switzerland,…
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Huw van Steenis, senior adviser to Bank of England (BOE) Governor Mark Carney, said that cryptocurrencies do not pass fundamental financial tests. Is the crypto potential in risk? Van Steenis joined the BOE in 2018, having previously worked at Schroders and Morgan Stanley. He currently directs a review of the…
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The Japanese investment giant and ripple partner SBI Holdings (SBI) has through its subsidiary SBI Crypto Investment Ltd. $ 15 million invested in blockchain smart card maker Tangem. The Swiss fintech company Tangem introduced its “intelligent banknote” for digital assets last May. This is called the world’s first physical manifestation…
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