November 2020 | Page 49 of 152 | Last Cryptocurrency News Feed

How Will The U.S. Presidential Election Affect The Bitcoin Price?

This is a promoted article provided by Safetrading. One of Bitcoin’s key properties is the fact that it is free from control by any third party, including politicians. But the fact is that the price of Bitcoin relative to fiat can swing significantly as the result of political and legacy economic activity. For evidence, look…

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First Mover: Bitcoin ‘Rich List’ Grows as Whales HODL and Price Retakes $18K

Nov 20, 2020 at 5:35 p.m. UTCBitcoin "whales" have been known to make waves in the market. (National Gallery of Art, modified by CoinDesk)First Mover: Bitcoin ‘Rich List’ Grows as Whales HODL and Price Retakes $18KBitcoin reached fresh 35-month highs above $18,400 during the European trading hours. The cryptocurrency has failed to keep gains above…

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German Finance Minister Says He Does Not Support Private Cryptos: Report

Nov 20, 2020 at 4:03 p.m. UTCUpdated Nov 20, 2020 at 4:19 p.m. UTCGerman Finance Minister Says He Does Not Support Private Cryptos: ReportGerman Finance Minister Olaf Scholz, speaking at a banking congress Friday, showed no love for privately issued cryptocurrencies.“I do not support private-sector digital currencies,” Scholz said, according to Reuters.Coming from the finance…

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Bitcoin price breaks past $18.8K as bears and bulls map out its path

There are both bearish and bullish scenarios for Bitcoin in the foreseeable future. The bear cases surround two key data points: rising BTC deposits from whales to exchanges and BTC’s lack of retests of crucial support levels. The bull cases are based on HODLer activity, address activity, the market capitalization gap between BTC and gold,…

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Morgan Creek and Exos file Bitcoin fund with SEC

The Morgan Creek-Exos Bitcoin fund was filed with the SEC on Thursday. 3855 Total views 24 Total shares Morgan Creek and Exos Financial filed a new Bitcoin (BTC) fund with the U.S. Securities and Exchange Commission, or SEC, on Thursday. If approved, the fund will offer institutional investors another way to long the flagship cryptocurrency…

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Path to $20K Bitcoin price now wide open after previous resistance breaks

BTC/USD climbs to over $18,800 in Friday trading, less than $1,250 off its historic highs from 2017. 5089 Total views 30 Total shares Bitcoin (BTC) hit new highs in excess of $18,750 on Nov. 20 as its latest extended bull run continued to delight investors.BTC price inches closer to all-time highsData from Cointelegraph Markets, Coin360…

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BlackRock CIO says ‘Bitcoin will take the place of gold to a large extent’

Bitcoin's network effect has forced traditional financiers to change their tune on the digital currency. 4073 Total views 40 Total shares A senior executive at BlockRock, the world’s largest asset manager, admits that Bitcoin (BTC) has become a permanent fixture in the global financial system, offering yet another tangible sign that the narrative surrounding digital…

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UniSwap fights back as competitors drain value from the DEX

Just a few months ago, the global finance sector witnessed the meteoric rise of yield farming, which in large part helped to spur the growth of the decentralized finance domain. During Q3 2020 alone, the DeFi market ushered in significant growth for many stablecoins compatible with Ethereum (ETH), such as MakerDAO’s Dai.According to information released…

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SoftBank Billionaire CEO Still Doesn’t Understand Bitcoin After A $50M Investment Loss

Masayoshi Son, the founder, and CEO of the giant Japanese multinational conglomerate SoftBank Group, has lost millions from buying Bitcoin high and selling it low. In a recent speech, he also admitted that he doesn’t understand how the cryptocurrency works, but he believes some digital asset will have a role in the future. SoftBank CEO’s…

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BlackRock Exec Says Bitcoin Could Replace Gold ‘to a Large Extent’

Nov 20, 2020 at 2:04 p.m. UTCUpdated Nov 20, 2020 at 2:44 p.m. UTCBlackRock’s Chief Investment Officer Says Bitcoin Could Replace Gold to a Large ExtentThe chief decision maker for where BlackRock, the world’s largest asset manager, invests its funds said bitcoin could take the place of gold to a large extent because crypto is…