Bitcoin breaks above $20,000 for first time
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Bitcoin smashed through $20,000 for the first time on Wednesday, its highest ever. The cryptocurrency jumped 4.5 percent to move as high as $20,440. It has gained more than 170 percent…
Month: December 2020
116 posts
The Big Comeback of 2020: Bitcoin Revisits USD 20,000 (UPDATED)
It finally happened on December 16th, 2020. The most popular cryptocurrency, bitcoin (BTC) just revisited the USD 20,000 level for the first time since December 17th, 2017, when it touched…
US Regulator Charges Top AirBit Club Promoter
The US Securities and Exchange Commission (SEC) has charged another perpetrator of the massive, AirBit Club, who is said to be a high-level promoter of the multi-level marketing scheme. Announced on…
Venezuelans Use Blockchain Tech in Unofficial Anti-Maduro Referendum
Millions of Venezuelans have reportedly taken to a blockchain-powered platform and the crypto community’s favorite chat app to vote in an unofficial referendum. The poll was orchestrated by Venezuela’s opposition…
Japan’s Biggest Crypto Bull SBI Makes M&A Charge in UK Liquidity Firm Deal
Japanese banking and securities giant SBI Holdings has had a bullish year in crypto – and it isn’t done with 2020 yet. The firm has announced its first meaningful overseas…
Bitcoin and Altcoins Struggle To Surpass Key Hurdles
After a downside correction, bitcoin price started a fresh increase above USD 19,200 and climbed above the USD 19,400 resistance. However, there was a lack of momentum above the key…
Italy’s Leading Private Bank Plans to Start Crypto Services
Banca Generali, an Italian bank focused on wealth management and private banking, announced today that it has partnered with an Italian crypto wallet provider, Conio to offer its services to…
Centra Tech Founder Sentenced to Prison for $25M ICO Scam
Robert Farkas, who co-founded cryptocurrency firm Centra Tech, has been sentenced to jail for one year after pleading guilty to operating an initial coin offering that defrauded his victims to…
US Senator Wants to Educate Politicians about Bitcoin
The first-ever woman Senator elected from Wyoming, Cynthia Lummis said that she is planning to have discussions about Bitcoin with other Senators in order to increase understanding about digital assets.…
JPMorgan Analysts Predict $600 BTC Investment From Institutional Investors
American investment bank JPMorgan has predicted that Bitcoin would generate an additional $600 billion from institutional investors. Over the past months, BTC has seen a spike in institutional investments as…
