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Bitcoin

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26 Mar 23

Dwpbank launches wpNex platform for bitcoin trading via affiliated banks

Deutsche WertpapierService Bank AG has launched the wpNex platform enabling affiliated banks to offer bitcoin (BTC) trading to retail clients. Deutsche WertpapierService Bank AG enables bitcoin trading for banks Deutsche WertpapierService Bank AG (dwpbank), a key German player in the securities exchange controlling more than 5.3m securities accounts, on Mar. 22, launched wpNex. This new […]
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24 Mar 23

IFF economist comments on bad side of bitcoin

Institute of International Finance (IFF) economist Robin Brooks has derided BTC’s lack of diversification as the asset continues to face strong resistance at the $28,000 level. After the U.S. Fed announced on March 22 that it would raise interest rates by a quarter of a percentage point, the value of bitcoin dropped, bringing it back […]
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22 Mar 23

Bitcoin often dips when the Fed raises rates 

Lookonchain recently looked at the performance of bitcoin (BTC) before and after the eight most recent Fed rate hikes. Bitcoin’s performance during Fed announcements The Federal Reserve will announce its interest rate decision in the coming hours. While preparing for this, Lookonchain looked at BTC’s performance in recent rate hikes. 1/ The Fed rate decision […]
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22 Mar 23

Magic Eden launches bitcoin ordinals NFT marketplace

Taking advantage of the growing interest in “bitcoin NFTs,” the nonfungible token marketplace Magic Eden has created its own “completely audited” marketplace for bitcoin ordinals. It is one of the first big NFT markets to enter the fight of the bitcoin ordinals competition, which as of the March 21, claimed 567,087 inscriptions. A user will have […]
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21 Mar 23

Adam Cochran calls Balaji’s $1m bitcoin goal impossible

Prominent crypto expert Adam Cochran recently expressed on Twitter his dissatisfaction with the audacious forecast for bitcoin (BTC) by former Coinbase executive Balaji Srinivasan. According to Cochran, renowned for his views on crypto market action, Balaji’s grandiose $1 million estimate for BTC within the next 90 days is unlikely. 1/25 Let’s breakdown @balajis $1M Bitcoin […]
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