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2021

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Bitcoin drops below 47k

INVESTING

Friday, 5 March, 2021 at 08:50 GMT
The overall market cap of cryptocurrencies lost nearly $100 billion in the last 24 hours. The cryptocurrency market is facing strong resistance from sellers as Bitcoin dropped below $47,000 for the first time in March. The overall market cap of digital currencies dropped from $1...
Bank jp morgan allocate 1% to cryptocurrency assets

INVESTING

Friday, 26 February, 2021 at 09:11 GMT
The cryptocurrency market is up nearly 100% since the start of 2021. Major financial firms around the world invested heavily in cryptocurrencies to diversify their investment portfolios. JP Morgan, one of the world’s largest investment banks, mentioned recently in a market...
Canadian bitcoin etf attracts over $400mln in investments in 48 hours

INVESTING

Sunday, 21 February, 2021 at 09:36 GMT
North America’s first ever Bitcoin exchange traded fund has attracted over $400mln in investments in just 48 hours. ...
Jp morgan considers getting involved with bitcoin if demand keeps growing

INVESTING

Saturday, 13 February, 2021 at 06:31 GMT
Investors want to get their hands on Bitcoin, and the big banks are already considering supporting the cryptocurrency so as not to be left behind. After a remarkable price recovery, Bitcoin seems to have stood the test of time, proving to naysayers that it is a reliable asset and...
Jp morgan cautions of dropping btc price

INVESTING

Tuesday, 12 January, 2021 at 07:29 GMT
JP Morgan’s forecasters saw that the U.S. Securities & Exchange Commission sympathetic a BTC exchange-traded fund is probable negative for BTC in the close term. There is hopefulness around the view of the SEC appreciative a BTC ETF under novel leadership, the forecasters...
Crypto markets drop $60 billion

INVESTING

Monday, 11 January, 2021 at 09:26 GMT
It was a bad weekend for cryptocurrencies. After Bitcoin hit $40,000 and global market cap soared past the $1 trillion mark the weekend put a dampener on things. Total market cap is now hovering below $940 billion, losing 17% in the past 24 hours alone, according to data...
Bitcoin boom cryptocurrency smashes through the 40k barrier

INVESTING

Friday, 8 January, 2021 at 06:48 GMT
Bitcoin has smashed through the $40,000 mark after another day of stellar gains. The controversial cryptocurrency, whose value is now gaining another $10,000 every few weeks, hit $40,427 yesterday evening. Investors have piled into the digital currency in droves over recent...
Us treasury occ to allow us banks to use public blockchains and stablecoins

INVESTING

Tuesday, 5 January, 2021 at 09:59 GMT
The United States Treasury has given national banks the all-clear to make use of stablecoins running on public blockchains. ...
Bitcoin price at $30000 would trigger a red alert

INVESTING

Sunday, 27 December, 2020 at 10:40 GMT
On the morning of Christmas Day, Bitcoin was trading for around $23,500.  In the ensuing 24 hours after, Bitcoin price has broken barriers at the $24k, $25k, $26k, and even this morning, the coin has been close to breaking the $27k ceiling. ...
Jp morgan institutional demand to increase after massmutual bitcoin investment

INVESTING

Monday, 14 December, 2020 at 10:00 GMT
 JP Morgan have supported the latest $100 million of Bitcoin investment by MassMutual. According to JP Morgan, the investment by Massachusetts Mutual Life Insurance Co. in Bitcoin have the potential for more institutional demand for the cryptocurrency in the coming years. ...

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