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Bank Of England Warns Increased Risk-Taking Has Manifested In The Price Volatility Of Bitcoin, Ethereum

The rapid price appreciation of Bitcoin, Ethereum, and other crypto-assets is enough evidence that many investors are willing to take more investment risks. Bank of England published a report on the country’s financial stability noting that the increased risk appetite in crypto assets has also caused their high volatility. The fact that many institutions want […] дальше »

2021-7-15 17:37


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South Korea’s Capital Flow Control Enabling Kimchi Premium, Says BoA

With the Kimchi premium back in the South Korean market, the Bank of America (BoA) believes that the persistent premium is as a result of the government’s capital flow control policy. Kimchi Premium Persists Because of Capital Flow Control  According to Reuters on Tuesday (May 18, 2021), BTC price on Tuesday was $4000 higher thanRead More дальше »

2021-5-19 15:00


As Bitcoin Continues To Slump, Ethereum Seems Unstoppable

Bitcoin is struggling to sustain above the $53,000 support for the past 3 days. As the king cryptocurrency price slumped, Ethereum picked up its pace, surging to a new all-time high of $2,800. Ethereum Appears Unstoppable It appears that the European Investment Bank’s launch of a “digital bond” sale using the Ethereum network, has boosted […] дальше »

2021-4-30 02:57


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BIS’s Agustin Carstens Suggests Further Regulations For Cryptocurrencies

Massive acquisition of cryptocurrencies by large firms has been in vogue in recent days, thus yielding an impressive rally in the price of cryptocurrencies. However, the general manager of the Bank of International Settlements, Agustin Carstens still thinks virtual currencies functionality calls for more regulation. дальше »

2021-3-26 22:56


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Why FED Chairman thinks Bitcoin is a substitute for gold

In the Bank of International Settlements Innovation Summit, the U.S. Federal Reserve Chairman Jerome Powell referred to cryptocurrencies and their position next to the dollar. For Powell, assets such as Bitcoin present very high fluctuations in their price and have no “underlying valued”, a position familiar to the official: Crypto assets are highly volatile — […] дальше »

2021-3-23 21:54


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Bitcoin (BTC) price analysis after Bank of America labels it as ‘impractical’

Bitcoin (BTC) price action has continued to trade around the $60,000 handle. BTC price is up over 2% on the day as buyers set their sight on a fresh record high.  Fundamental analysis: BofA analysts bash BTC Bitcoin is similar to other commodities in the sense that the cryptocurrency’s price action is influenced solely by […] The post Bitcoin (BTC) price analysis after Bank of America labels it as ‘impractical’ appeared first on Invezz. дальше »

2021-3-20 15:51


Stablecoins More Stable than ‘Flawed’ Bitcoin; Only a Central Bank Should Issue a Digital Currency: Bank of Canada Official

Deputy Governor Tim Lane calls the ongoing price action in the crypto market a “speculative mania,” while ECP President says adding Bitcoin to its reserves is “out of the question." The post Stablecoins More Stable than ‘Flawed’ Bitcoin; Only a Central Bank Should Issue a Digital Currency: Bank of Canada Official first appeared on BitcoinExchangeGuide. дальше »

2021-2-11 16:36


A Bitcoin ETF Would Have Negative Near-Term Implications for BTC Price: JPMorgan

Besides a Bitcoin ETF eroding GBTC's effective monopoly status and causing a cascade of GBTC outflows, the bank strategists also see more mainstream corporates following Tesla “unlikely.” The post A Bitcoin ETF Would Have Negative Near-Term Implications for BTC Price: JPMorgan first appeared on BitcoinExchangeGuide. дальше »

2021-2-10 16:07