ECB President Christine Lagarde has expressed her thoughts on BTC in a recent interview, claiming the asset needs to be regulated on a “global level.” Christine Lagarde: Bitcoin Must Be Globally Regulated In her opinion, bitcoin has given people open doorways to numerous financial crimes such as money laundering. Thus, without global regulation in play, these doors can never be […]

Pantera Capital CEO Dan Morehead doubles down on his bitcoin prediction for 2021. The CEO believes that the market will price bitcoin way above $100,000 by August 2021. He said this on a conference call on January 12, as reported by Blockworks. Bitcoin at $115K by August 2021 Dan Morehead, the founder, and CEO of Pantera Capital, again reinforces his […]

Bitcoin dropped by almost 20% to around $33,000 on the morning of 11th January from an all-time high of $41,000 achieved the previous day. The crypto market as well as bitcoin’s market caps slid below their much-celebrated milestones above $1 trillion and $700 billion respectively. The top crypto asset has since been showing signs of recovery having gained 10.31% in […]

Hong Kong, China has approved an Exchange Traded Fund (ETF) worth $100 million that would also include 10% in cryptocurrency. The ETF would be raised by Yibo Financial as per a report from Wu Blockchain. While the US regulators are yet to approve a crypto ETF specifically Bitcoin ETF but most of the applications submitted before the authorities have been […]

Veteran trader Todd Horwitz has revealed that while he doesn’t believe bitcoin will replace gold as the de-facto store of value, he says it’s a “real possibility” as central bank intervention in the financial markets has been pushing investors toward crypto. Horwitz’s words came during an interview with Kitco News, first spotted by Daily Hodl, where he both discussed the […]

Swiss stock exchange SIX has revealed the listing of a new Bitcoin exchange-traded product (ETP) from financial firm ETC Group. This was announced on Wednesday, 13th of January in a press release by the stock exchange. Physically backed ETP According to the press release, the newly released product by ETC called BTCE tracks the price of Bitcoin and is 100% […]

Hardware wallet producer Ledger has been under heat for the breach of its database which led to the disclosure of over 270,000 of its customers’ data. After an investigation, the company has traced the possible culprit via Shopify, the e-commerce platform responsible for managing Ledger’s hardware wallet sales. Following the discovery, the company has launched a bounty to fish out […]