Category: Bitcoin

Bitcoin Suddenly Drops by $500 After Passing $12K

August 10, 2020 Bitcoin
Upgrade (12:12 UTC): Bitcoin fell by nearly $500 to $11,546 in the ten mins to 10:30 UTC, after failing to take in selling strain higher than than $12,000 mark throughout early European trading many hours. It is the second rejection above $12,000 inside 8 days, and will come as the…

Treasury Bureau Declares National Banks Can Custody Crypto

July 28, 2020 Bitcoin
The Office belonging to the Comptroller of the Currency (OCC), a bureau within the U.S. Office on the Treasury tasked with regulating the country’s banks and also thrift institutions, has posted a public letter clarifying which national banks as well as savings associations are able to provide cryptocurrency custody services…

Bitcoin and Major Altcoins Showing Signs of an Upside Break

July 20, 2020 Bitcoin
This past week, bitcoin price extended the decline of its below the USD 9,300 and USD 9,200 assistance quantities. Nevertheless, BTC managed to keep over the USD 9,000 support & it’s at the moment (08:30 UTC) showing indications of a possible fresh increase towards USD 9,500 in the approaching sessions.In…