Author: admin
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Why a Citibank analyst is calling a $318k target for Bitcoin
The banks are borderline following the playbook created by Bitcoin and cryptocurrency believers in the past few years: Deny all ties to the asset class at first, try to disallow clients from banking crypto profits to their accounts then, and wholeheartedly embracing the sector later. Citibank’s the latest to do so, after banks in Asia…
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Citibank Executive Says Bitcoin Will Trade at $318,000 by End of 2021
Citibank Group’s Global head of Citifxtechnicals product, Tom Fitzpatrick expects to see the price of bitcoin peaking at $318,000 by end of 2021. Although he concedes that his prediction might seem improbable, Fitzpatrick argues that such a surge will still be the weakest rally for the digital asset when compared to other assets such as…
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Citibank analyst makes tentative $318K Bitcoin prediction for December 2021
However improbable this seems, it would represent the “weakest” major rally so far, at a 102 times increase from low to high.
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$2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined
Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges.
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Crypto firms still not widely adopting ‘travel rule,’ says FATF deputy
David Lewis, executive secretary and G20 deputy at the Financial Action Task Force, says crypto firms still have a long way to go before they’re compliant.
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DealDefi Network Presale is Now Open to the Public
PRESS RELEASE. The DealDefi network is a scalable heterogeneous blockchain for lending/borrowing & marketplace decentralized finance. The DealDefi Network prides itself in four major unique features; – Minimum or no gas fee on transactions, decentralization, privacy and fast/instant transactions. The DealDefi Network team is known and has a lot of experience in blockchain and cryptocurrency…
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Kyrgyzstan’s central bank developing draft law for cryptocurrency industry
Solid crypto regulations would be a long time coming for Kyrgyzstan.
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Stocks boom, dollar gloom: 5 Things to watch in Bitcoin this week
Bitcoin is holding above $16,000 amid mixed feelings about the chances of all-time highs appearing this bull run.
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Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin.
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BCH Collectibles: RPG Blockchain Game Built on Bitcoin Cash Completes Flipstarter Campaign
In the near future, a non-fungible token collectible game is coming to the Bitcoin Cash ecosystem. The project dubbed “Enter the Sphere” aims to bring its NFT collectible universe to Bitcoin Cash by leveraging the Simple Ledger Protocol (SLP). Last week the team behind the project successfully raised 101 BCH ($24k) in order to kickstart…