Blogs

This via Bloomberg earlier, on legislation in SG  – introducing new payments legislation, the Payment Services Act – that will offer global cryptocurrency firms a chance to expand their operations in the country – will regulate activities ranging from digital payments to trading of tokens such as Bitcoin Link for

Deutsche Bank have been producing a series of reports on cryptocurrency. – In the first paper from the bank they assessed many existing cryptocurrencies, as being too volatile to be used as a viable means of payment or as a store of value

Aso says the fact that central banks are studying the idea is positive but Japan has no plans to issue a crypto From earlier this week: Speaking of ice cream:

A big get together to discuss a central bank cryptocurrency  – Bank of England  – Bank of Japan – European Central Bank – Riksbank – Bank of Canada They'll all be meeting, and "pool research and experiences " to develop a central bank digital currency (CBDC):

BOE says that the central banks involved are to assess potential cases for central bank digital currencies This seems like an interesting little project but I highly doubt we will see any concrete developments to actually move towards a digital currency at this stage. But it is definitely something to keep an eye out for […]

The digital currency is up $625 on Coinbase The price of bitcoin is moving sharply higher. It is up $625 currently at $8755. The high price extended to $8859.17 today. The low reached $8101.  

Moves above 100 day MA on Coinbase at $7946.75 The price of bitcoin on Coinbase just moved above the $8000 level for the 1st time since November 21. The current price is trading at $8072. The high price just reached $8090 after cracking above the $8000 level.

BTC is on the move higher, setting a fresh 30 day or so high  Seems related to the mark up in Tether, which moved hi9gher prior to BTC  BTC is also gaining from the move back into 'risk' as the market response to the US/Iran conflict winds back a little. 

Trades to highest level since December 23rd The price of bitcoin on Coinbase, has moved to the highest level since December 23rd.  The high price reached up to $7615.68. The low for the day reached down to 7312.22. That low approached but really didn't test, the converged 100 and 200 hour MAs at $7262.  The […]

Bitcoin on Coinbase is down $-265 and back down below $7000 The price of bitcoin is off to a weak start in 2020. The price on Coinbase is trading down $265 at $6951.83.  The hi reached $7217. The low reached $6903.