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Bitcoin Options Market Suggests Investors Preparing for Record Price

Bitcoin Options Market Suggests Investors Preparing for Record Price

Posted by By Vince Saboti November 26, 2020Posted inBitcoin News
Recent activity on Bitcoin’s options market indicates crypto investors are expecting more gains for the leading cryptocurrency, which is currently just 3% below a record high. Bitcoin’s presumed one-month volatility, which is governed…
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China Will Test Offline Digital Yuan Payments for the First Time

China Will Test Offline Digital Yuan Payments for the First Time

Posted by By Vince Saboti November 25, 2020Posted inBitcoin News
The authorities of the city of Suzhou will distribute the national cryptocurrency of China among local residents. They will be able to make purchases without having access to the Internet. The Chinese government…
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Bitcoin Continues to Move in an Upward Trend

Bitcoin Continues to Move in an Upward Trend

Posted by By Vince Saboti November 25, 2020Posted inBitcoin News
The bullish cycle in the cryptocurrency market continues to gain momentum. For the first time since December 2017, Bitcoin is close to the $19,000 level, which is just $1,000 away from the record high.…
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China Urges G20 to Formulate a Single Standard for CBDCs

China Urges G20 to Formulate a Single Standard for CBDCs

Posted by By Vince Saboti November 24, 2020Posted inBitcoin News
The rapid development of digitalization of international economies needs to be regulated in accordance with the unified standards of digital currencies of central banks (CBDC). This has been noted by Chinese President Xi…
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Sean Lennon: "Bitcoin is the Only Hope for Humanity"

Sean Lennon: “Bitcoin is the Only Hope for Humanity”

Posted by By Vince Saboti November 24, 2020Posted inBitcoin News
Sean Lennon, the son of Beatles member John Lennon, believes Bitcoin will help people overcome the economic crisis. Sean Lennon, like his father, decided to devote himself to music and became famous for…
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Bitcoin Rally Driven by PayPal Buys, Dan Pantera Says

Bitcoin Rally Driven by PayPal Buys, Dan Pantera Says

Posted by By Vince Saboti November 23, 2020Posted inBitcoin News
PayPal’s recent entry into the crypto market is driving the current Bitcoin rally, according to Pantera Capital, a well-established cryptocurrency investment firm. In an investor newsletter, the company compared the ongoing bull run…
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XRP Rises More Than 30% in a Day as Altcoins Follow BTC Rally

XRP Rises More Than 30% in a Day as Altcoins Follow BTC Rally

Posted by By Vince Saboti November 23, 2020Posted inBitcoin News
XRP has risen to 16-month highs, joining the group of cryptocurrencies following Bitcoin’s rally. XRP, developed by the notorious blockchain firm Ripple Labs, increased to as high as $0.437554 before retreating to $0.413653, reaching…
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ECB: Being First to Launch a CBDC is an Advantage

ECB: Being First to Launch a CBDC is an Advantage

Posted by By Vince Saboti November 22, 2020Posted inBitcoin News
The race to become the first major world economy to release the central bank digital currency (CBDC), has strengthened – the European Central Bank recognized that in this process it is beneficial to be…
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ETH Surpasses $500 for the First Time Since July 2018

ETH Surpasses $500 for the First Time Since July 2018

Posted by By Vince Saboti November 22, 2020Posted inBitcoin News
The first cryptocurrency rate continues to grow. Meanwhile, altcoins are also growing – for example, the price of ETH exceeded $500 for the first time since mid-2018, and the hash rate of the Ethereum…
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Deutsche Bank: Investors are Ditching Gold in Favour of Bitcoin

Deutsche Bank: Investors are Ditching Gold in Favour of Bitcoin

Posted by By Vince Saboti November 21, 2020Posted inBitcoin News
According to Jim Reid, managing director of Deutsche Bank, Bitcoin is becoming more and more popular as an investment for preserving wealth value. “There has been an increased demand for Bitcoin from those…
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