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Category: bitcoin

ETH Soars Towards $1300: Only 11% Away From ATH (Ethereum Price Analysis)

January 16, 2021 cyketanbitcoin

ETH/USD – Bulls Return To Bearish .886 Fib Resistance. Key Support Levels: $1,200, $1,165, $1,100.Key Resistance Levels: $1,300, $1,350, $1,392. Ethereum saw a whipsaw-like action in trading this week after starting above $1,300 and dropping into the $1,050 support (.382…

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab

January 16, 2021 cyketanbitcoin

On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be…

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

Another court applies the Howey investment contract analysis to crypto

January 16, 2021 cyketanbitcoin

The ruling on the motion to dismiss in the SEC v. NAC case indicates that the SEC still has crypto sales in its crosshairs in 2021. On June 25, 2020, the United States Securities and Exchange Commission brought suit in…

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

JPMorgan Chase execs weigh in on stablecoin regulation, crypto competition

January 16, 2021 cyketanbitcoin

During JP Morgan Chase’s Q4 2020 earnings call, CEO Jamie Dimon and CFO Jennifer Piepszak weighed in on the OCC’s recent approval of banks using stablecoins for payments, as well as whether or not the approval will have any impact…

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up

January 16, 2021 cyketanbitcoin

In the past month Near Protocol (NEAR) rallied 106% as the DeFi market captured the attention of new investors. Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding,…

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

Peak fear? Bitcoin futures leverage gets reset by this week’s wild price swings

January 16, 2021 cyketanbitcoin

Bitcoin futures leverage is dropping steeply, indicating that traders are fearful or uncertain about the BTC price trend. The leverage used in the Bitcoin (BTC) futures market has fallen significantly in the past several days. This indicates that traders are…

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

Russian Metals Firm Norilsk Nickel Backs IBM’s Responsible Sourcing Blockchain Pact

January 16, 2021 cyketanbitcoin

The technology is aimed at tracing commodity flows in near real-time and cut paperwork. Source link

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position

January 16, 2021 cyketanbitcoin

Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded…

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

BTC/USD Tests 37901 Technical Resistance: Sally Ho’s Technical Analysis 16 January 2021 BTC

January 16, 2021 cyketanbitcoin

Bitcoin (BTC/USD) came off early in today’s North American session as the pair depreciated to the 36701.98 area after trading as high as the 37948.00 level during the Asian session, with the intraday high right around the 61.8% retracement of…

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up

January 16, 2021 cyketanbitcoin

Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows token holders to stake their…

bank, bitcoin, btc, credit card, Cryptocurrency, insurance, loan

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