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
Singapore new legislation offers cryptocurrency firms a chance at licences to expand
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
Bitcoin (on Coinbase) extends further above its 200 day moving average
Up $230 on the day The price of bitcoin (on Coinbase – 7 day week) has moved above its 200 day moving average over the last few days and is extending higher in trading today.
Bitcoin runs higher after 8 days of up and down consolidation
Runs into a topside trend line The price of of bitcoin is running higher today. The price is up about $580 currently at $9713.65. The low today was down at $9126.76. The high reached $9769.70.
Fed's Brainard says illicit activities using Bitcoin is a huge issue
Lael Brainard is a member of the Federal Reserve's Board of Governors and chairs the Committees on Financial Stability Speaking in California. In her Q&A now
Bitcoin trades to highest level since November 12
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.
Bitcoin off to a weak start in 2020
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.
Bitcoin consolidates gains after dip finds buyers
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 moves rapidly above 7850USD
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.
Bitcoin moves above $8000 for the first times since November 21
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.