Morgan Stanley : Bitcoin Price eyes US$20K Breakout
Morgan Stanely’s Mike Wilson has reportedly said recently that the investment bank expects a 10% drop of the US Dollar in the coming 12-months. Mike’s statement is likely to boost the movement of Bitcoin price as an inverse correlation has...
Spain’s Second Largest Bank to Launch Crypto Services Soon!
BBVA, the second-largest bank in Spain (having US$840 billion in assets), is taking a crypto turn as it is all set to offer cryptocurrency trading and custody services. Reports say that the bank is beginning to roll out its crypto...
Bitcoin Breaches US$18,000-Level: What’s Coming?
Bitcoin price against the US Dollar (BTC/USD) fell below the US$18,000 level today. Though it soon recovered and is now trading at US$18,275.47, at one point in time it slid down to US$17,640.56. Today’s (December 9, 2020) latest price fall...
Bank of Russia says Digital Ruble will Help Businesses
The central bank of Russia has said that it wants its digital ruble to do the impossible. It wants the digital currency to cut out financial middlemen and at the same time help businesses. Bank of Russia’s chairperson, Elvira Nabiullina,...
Bloomberg Analysts Say that Bitcoin Price could Reach US$50,000 in 2021
Bloomberg analysts have said in a monthly report that there are least resistances on the higher side for Bitcoin (BTC). They have emphasized the point that in 2021, Bitcoin’s price could double from its current value. In their monthly report,...
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