February 24, 2021

Bank of Korea Head Says Cryptocurrencies Have No Intrinsic Value

The head of the Bank of Korea, Lee Ju-yeol, said that Bitcoin and other major cryptocurrencies lack intrinsic value. However, he believes that all assets will continue to experience significant price fluctuations. Price Surge Because of Pro-BTC Institutional Investors? The chief of the Bank of Korea said cryptocurrencies, including Bitcoin, do not possess inherent value....
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Former London Stock Exchange Group CEO Urges UK Government to Explore Cryptocurrencies

The former CEO of the London Stock Exchange Group, Xavier Rolet, has advised the UK government to look into cryptocurrencies and SPACs to minimize the adverse impact of Brexit. In a recent report, Rolet claimed that the UK has trailed behind other countries in both aspects. The UK Should Turn To Crypto And SPACs? Born...
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Craig Wright Sues Bitcoin Developers Over Stolen BTC Worth $5 Billion

The self-proclaimed Satoshi Nakamoto, Craig Wright, has filed yet another lawsuit within the cryptocurrency industry. This time, he has targeted the developers of BTC, BCH, BSV, and BCH ABC requesting that they retrieve access to BTC stolen from his personal computer worth about $5 billion. CSW Sues BTC Developers Because he was Hacked Wright has...
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Bitcoin: correction is the time to buy

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Disclaimer Any predictions contained herein are based on the author’s particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein. The post appeared first on The...
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Student Coin Tokensale Now Live Till April 30

[PRESS RELEASE – Please Read Disclaimer] After 12 years of existence, it was about time for crypto to be recognized as it deserves. Step by step, blockchain technology made its way to public institutions after it conquered vendors and business enthusiasts. With all the issues that came with bank services, no wonder people are so...
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Simplex Partners With Opera to Bring In-Browser Crypto Purchases

Users of the popular browser Opera will have the option to purchase cryptocurrencies directly from it following a partnership with the crypto-fiat processor Simplex. The integration will also enable users to set up personal cryptocurrency wallets to store the newly-purchased digital assets. Opera Users To Buy Crypto From The Browser Founded in 2014, Simplex describes...
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MicroStrategy Completes Another $1 Billion Bitcoin Buy

MicroStrategy, the company, spearheaded by one of Bitcoin’s biggest proponents, MicroStrategy, has just confirmed the purchase of another 19,452 BTC. In an announcement published today, February 24th, MicroStrategy, the largest independent publicly-traded business intelligence company, has revealed the purchase of 19,452 bitcoins. The company paid approximately $1,026 billion in cash for the BTC. The average...
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Student Coin Found New Ways to Use Crypto

In the last years, recruiters showed great interest in people with higher education, which led to a greater need for money among potential students. However, due to the economy’s fragility, students started searching for alternative solutions to not depend on banks. And it’s not just the students. Entrepreneurs who are struggling to raise money to...
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The ‘Indian Warren Buffett’ Urges Regulators to Ban Bitcoin

Amid the clamor for nuanced crypto regulations in India, one billionaire investor appears not to be sold on the value proposition for cryptocurrencies and has advocated for a Bitcoin (BTC) ban. Bitcoin Hangover will be ‘Much Worse’ Speaking to CNBC on Tuesday (Feb. 23, 2021), Rakesh Jhunjhunwala, dubbed the “Indian Warren Buffett,” slammed Bitcoin, calling...
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European Central Bank Petition EU Lawmakers for Stablecoin Veto Power

The European Central Bank (ECB) has asked the parliament for veto powers in matters concerning Facebook’s Diem and other stablecoin projects. According to a Reuters report on Tuesday (Feb. 23, 2021), the ECB has asked European Union (EU) lawmakers for veto powers on stablecoin regulations in the Eurozone. An excerpt from the ECB’s formal opinion...
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Square Bought Additional Bitcoin at the Top, Announced at the Dip!

Square’s Panic Announcement! Square Inc, a financial services and payment gateway platform,  just announced another set of Bitcoin worth nearly $170 million. With the announcement, BTC price flipped the bearish momentum and trades above $50K. As per the official announcement of the fourth quarter, it purchased 3,318 BTC for approximately $170 million and hence nearly...
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Fundstrat’s Tom Lee, Still Hopeful About BTC $100k Target, Despite Massive Crash

Tom Lee, the managing partner of research boutique Fundstrat put forth his opinion that Bitcoin will raise up to $10,00,00, via Twitter. Bitcoin’s bull run from over a month broke its streak 2 days ago, There has been a 20% fall. Bitcoin was at $58000 and came tumbling down to $46000. Despite the volatile trend,...
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[Testnet] Delisting the XBTJPY and XBTKRW Futures Contracts

BitMEX Testnet is a great environment to test trading strategies without using real funds. As part of regular housekeeping and to align with contracts listed on the BitMEX platform, we will delist and settle the XBTJPY and XBTKRW contracts on Testnet on 26 February 2021 at 12:00 UTC. For those who are interested in how...
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Ethereum Daily Fees at $50 Million as Gas Hits Another High

The Ethereum gas fee insanity has not abated despite a 22% correction in ETH prices. With a new all-time high in gas fees today, the 24-hour ‘revenue’ figure for the network is very close to $50 million. According to Cryptofees.info the number in daily fees generated by Ethereum is a monumental $49.55 million at the...
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Ox Price Prediction: Will ZRX Price Go up or Crash?

Ox is an open-source protocol that promotes the peer-to-peer exchange of Ethereum based assets. It offers secured and audited smart contracts. It comprises freely composable Defi blocks and builds a protocol that needs liquidity and exchange to functions.  This article implies providing you the complete information on Ox price prediction for 2021 and beyond. Let’s...
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Six New Altcoin Perpetual Swaps Launching on BitMEX in March

You asked and we’re answering. We’re introducing six new Altcoin/USDT quanto perpetual contracts to the BitMEX platform in March as we expand our product offering and list perpetual swaps for our users’ favourite coins.  These will be: Cardano (ADA)  Polkadot (DOT)  EOS  yearn.finance (YFI)  Uniswap (UNI) Stellar Lumens (XLM) The contracts will be launched in...
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Bitcoin (BTC) $ 93,257.99 3.20%
Ethereum (ETH) $ 3,336.58 0.07%
Tether (USDT) $ 0.998921 0.31%
XRP (XRP) $ 2.17 3.64%
BNB (BNB) $ 682.00 3.23%
Solana (SOL) $ 185.44 1.00%
Dogecoin (DOGE) $ 0.312252 2.67%
USDC (USDC) $ 1.00 0.32%
Lido Staked Ether (STETH) $ 3,326.67 0.26%
Cardano (ADA) $ 0.882752 1.82%