“The Road To Glory Is Always Bumpy” – While Bitcoin Corrects, Long Term Sentiment Is Still Bullish

The Road to Glory is Bumpy #Bitcoin

The past two days showed a 15% dip to the cryptocurrency king, Bitcoin. This dip has brought about panic as investors fear that further downward trend of the cryptocurrency could lead to more investors liquidating. Bybt reports via their twitter account that there’s been a total of $4.4 billion liquidated in the past 24hours. By …

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CRYPTO NEWS DIGEST FEBRUARY 15-21

Weekly news digest from 15 February to 21 February 2021. Clients of Goldman Sachs, JPMorgan and UBS Banks were among the buyers of the exchange note based on Polkadot from 21Shares ha From March 1, 2021, OKCoin will withdraw Bitcoin Cash and Bitcoin SV from trading. ASIC miner manufacturer Ebang will start mining bitcoins on …

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Bitcoin hits $58k, sets new record high.

5 days bitcoin growth graph

Bitcoin increased about 28% in the last 7 days reaching an all time high of $58,335 in Sunday trade. Some reasons for this spike can be attributed to billionaire Elon Musk after his portfolio company Tesla invested about 1.5 billion USD and also stated that they would accept BTC as a form of payments for …

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CRYPTO NEWS DIGEST FEBRUARY 8-14

Cryptocurrencies

Billionaire Mark Cuban bought DOGE for his son, and Elon Musk also followed suit. Microsoft’s educational game Azure Space Microsoft gives out Enjin tokens that can then be used in Minecraft ⛏ Cryptoexchange Kraken has launched a venture fund to invest in crypto startups. The size of investments in one company is from $250 thousand …

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Crypto News Digest May 4 – 10

May 4 Kyber Network Crystal (KNC) holders will soon be able to delegate their voting rights to StakeWith.US while still receiving voting rewards.

Crypto News Digest April 27 – May 3

Apr. 27 New Dutch anti-money laundering laws make it near impossible for smaller crypto companies to operate in the country as a result of high registration fees and compliance costs.

Crypto News Digest April 20-26

Apr. 20 Facebook is looking to hire “experts in fraud, compliance, workforce management, and customer care” to support the team at Calibra working on a digital wallet for Libra.

Crypto News Digest April 13-19

Apr. 13 Crypto exchange Huobi has incorporated an AI into its systems, which will be able to detect “suspicious” transactions on the platform and freeze accounts until account activity has been reviewed by a compliance officer.

Crypto News Week March 23-29

Mar. 23 Two draft bills by the U.S. Democratic party introduced to the House of Representatives suggested a “digital dollar” as means of doing direct transfers to “qualified individuals” as part of a coronavirus stimulus package. A later draft of one of the bills had the “digital dollar” language removed from it and it is expected that the other bill will follow suit soon.