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Showing posts from November, 2021

Why Bitcoin, Ethereum, and Dogecoin Go up Today

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https://www.fool.com/investing/2021/11/29/why-bitcoin-ethereum-and-dogecoin-surged-today/ The price of  Bitcoin   (  BTC  -1.57%  )  was shooting up on Monday, as some renowned investors "bought the dip" over the weekend. As of 4 p.m. ET, Bitcoin was up 6% over the previous 24 hours, with accordance to CoinDesk. Regularly, other popular cryptocurrencies like  Ethereum   (  ETH  0.20%  )   and  Dogecoin   (  DOGE  1.58%  )  were trading high up also, up 7% and 8% each. Bitcoin buyers over the weekend inclusive of a technology company named after  MicroStrategy   (  MSTR  4.90%  )   and also a country: El Salvador. It appears that the market trusts lots of retail investors bought the dip subsequently, with consideration of shares of cryptocurrency trading platform  Coinbase Global   (  COIN  5.34%  )  also grow up to 5% by today. In acc...

Funds that started at Singapore

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https://www.theedgemarkets.com/article/two-bitcoin-funds-launched-singapore-%E2%80%94-report Fintonia Group from Singapore fund leader controlled by the Monetary Authority of Singapore (MAS), has started two groupl-grade Bitcoin (BTC) funds. With refer to the press conference by Fintonia, cryptocurrency information site Cointelegraph on Friday (Nov 26) mentioned the latest funds, the Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund, are meant to be giving easy and safe marketing to Bitcoin for professional investors. With reference to Fintonia founder and chairman Adrian Chng as stating that the funds are live and investors can follow and claim always due to they are open-ended funds, quite same to a mutual fund. The statement mentioned the Fintonia Bitcoin Physical Fund aims for corporate investors looking for direct marketing to Bitcoin, permitting them to buy, keep and sell big quantity of the cryptocurrency. The Fintonia Secured Yield Fund, other than that, gives ...

Bitcoin, ethereum down, causing almost emergency threshold

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Bitcoin and ethereum, the global two greatest cryptocurrencies, remaining weak on Wednesday and almost emergency status that analysts thought could going more downward if hacked. Bitcoin was last buy and sell around US$60,665, going upward 0.9% on the day. It was off the day's low of US$58,400 but is downward approximately 12% from the record high of US$69,000 got on Nov 10, while ethereum was at US$4,244, more than 14% lower than its highest US$4,868. Meanwhile earning after the great run-up in numbers was going up as the largest reason, analysts headed to other reasons at the back of more careful opinion, such as bitcoin's blockchain improvement last weekend, higher US inflation and China's up to date directive to its state-owned groups not to getting into cryptocurrency mining.