The Central Bank of Europe will take moderate steps to keep the euro low at its next meeting, says senior analyst at PrimeXBT
Published on 22 July, 2021
After the two difficult meetings of the European Central Bank (ECB) last week, the ECB will meet next Thursday. However, the bank is expected to continue its easing trend after allowing inflation to rise at its strategy meeting two weeks...
Brit who lost hard drive with $250 million in Bitcoin has new search plan
Published on 21 July, 2021
James Howells, an IT worker and early adopter of Bitcoin from Newport, became famous in 2013 when he threw away a hard drive (HD) that contained 7,500 bitcoins and was then worth around 7.5 million dollars . Since then, the...
Grayscale Bitcoin Fund Advances ETF Plans with New Partner
Published on 20 July, 2021
Grayscale teams up with BNY Mellon to convert their largest fund into a bitcoin ETF. Grayscale, the largest custodian of cryptocurrencies in the world, with more than 30 billion dollars in digital assets under its management, announced this Tuesday, 13,...
GBTC unlocking is unlikely to be an event for BTC price, says Kim Chua, PrimeXBT analyst
Published on 16 July, 2021
Bitcoin price has certainly been stuck for a while now. News from China and continuation of its government's FUD saw the price drop to about half of its all-time high. There's still good news out there, but it's not having...
Hong Kong dismantles money laundering network with cryptocurrencies
Published on 15 July, 2021
Money laundering is a practice used to disguise the origin of illegally obtained money. It consists of schemes to make it appear that resources obtained through illegal means have been obtained in legal ways. Money laundering is carried out for...
China declares war on Bitcoin miners and impacts the market
Published on 10 July, 2021
China declared war on bitcoin miners. Since March, at least five provinces in the Asian country have determined the closure of companies in the sector. The last was Sichuan, which in one shot brought down 26 farms. Yunnan Province's Department...
Tom Brady and Gisele Bündchen are now investing in cryptocurrencies
Published on 9 July, 2021
Celebrity couple Tom Brady and Gisele Bündchen have acquired an equity stake in cryptocurrency company FTX as part of a long-term partnership, in the duo's newest foray into the world of digital assets. Tom Brady and Gisele Bündchen invest in...
Polygon (MATIC): Is this cryptocurrency a good investment?
Published on 8 July, 2021
Recently, the cryptocurrency market has grown a lot, attracting investors and millennials. However, China's cryptocurrency restriction policy has impacted the value of many of them, such as Bitcoin and Ethereum. Moving against the decline of other cryptocurrencies, Polygon (MATIC) has been...
“Baby Coin” soars 230% thanks to new crypto meme and Elon Musk
Published on 7 July, 2021
Have you heard of "baby coin"? The cryptocurrency market has gained a new type of digital currency meme. These are the “baby coins” that invaded the market and some have already registered valuations of more than 1,000%. Recently, a tweet...
Covesting Announces New Take Profit Function to Manage Profitable Strategy Performance
Published on 6 July, 2021
The Covesting copy trading module has announced the arrival of a new update that features a feature to help followers secure profits and manage their capital. This new feature is reminiscent of one of the most attractive features on PrimeXBT's...