This Rally In Bitcoin Is Real PayPal, the giant e-wallet provider has recently announced they will be welcoming Bitcoin, Bitcoin Cash, Ethereum, and Litecoin transactions on the platform. But while this created a generally positive vibe around Bitcoin, some voices expressed concern regarding PayPal’s centralized business model and the narrow freedom given to crypto users. […]
Brexit- The Drama Is Yet To End by Bogdan Giulvezan Last Friday, UK Prime Minister Boris Johnson apparently pulled the plug on EU – UK trade deal negotiations, saying that the progress made thus far is insufficient. However, he also mentioned that talks may continue if there’s “some fundamental change of approach”. But there may […]
Ripple’s Swell Event 2020 by Bogdan Giulvezan Ripple’s Swell event took place on 14 and 15 October, with things going swell for the crypto giant. The conference was held online, due to social distancing measures and during the opening keynote, Ripple CEO Brad Garlinghouse highlighted the XRP digital asset as the “key behind RippleNet”, while […]
European Union – United Kingdom Trade Negotiations Enter Final Act by Bogdan Giulvezan UK Prime Minister Boris Johnson has chosen October 15 as the deadline for striking a trade deal between the UK and the EU. The European Council meeting is also set to start on the same day and EU negotiators have pointed out […]
Mainstream Support For Bitcoin Grows by Bogdan Giulvezan Square, Inc., the company behind Cash App, just announced that it has purchased 4,709 Bitcoins, for a total value of $50 million (aggregate purchase price). The investment represents about 1% of Square’s total assets and is a big nod to Bitcoin and the crypto space in general. […]
by Bogdan Giulvezan The Euro Is Under Pressure Consumer prices stagnated and retail sales failed to impress across the Eurozone, facts that may work in conjunction with an increasing number of COVID-19 cases to keep Eurozone inflation subdued in the near future. The lack of consumer price increase may prompt the European Central Bank to […]
by Bogdan Giulvezan Bitcoin and Top Cryptocurrencies Tumble The U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice filed charges against BitMEX – one of the largest crypto-exchanges in the world – which resulted in a swift drop in Bitcoin’s price and $15 billion being wiped off the crypto market. The charges […]
by Bogdan Giulvezan The Greenback is Moving! The US Dollar bulls have taken complete control, breaking support and threatening to take EUR/USD into lower territory. Currently trading around 1.1670, the pair is likely to continue going south, at least until profit-taking and bottom hunting come into play. The Euro’s outlook doesn’t look very bright, mostly […]
By Bogdan Giulvezan First Bitcoin ETF to Launch Before End of 2020 For a long time now, Bitcoin advocates and cryptocurrency proponents in general, have been asking the question: When will a Bitcoin ETF finally emerge? It looks like we are on the brink of such a development but its launch will not come from […]
COVID-19 Second Wave Fears Weigh On Pound UK Prime Minister Johnson decided to take a softer stance on Brexit negotiations and to compromise on the controversial Brexit bill. The news initially boosted the Pound, but the climb was soon erased by a Fed-powered US Dollar and the pair is now trading around 1.2860 after being […]