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Bitcoin Needs to Hold Above $55,000 for It to Test New Highs, says Market Analyst
Market analyst and trader Michael van de Poppe has disclosed that BTC needs to hold above the $55K price level if it is to rally higher.
Bitcoin Price to Reach $1 Million in 2025, Raoul Pal Adds One More Zero to His BTC Prediction
Raoul Pal, the CEO of Real Vision Group, and a wall street veteran believes that Bitcoin could hit $1 million by 2025, according to his model.
Suzhou Next City in China to Test Digital Yuan DCEP in Red Envelope Event
China’s central bank is scheduled to test its digital yuan dubbed the Digital Currency Electronic Payment (DCEP) in a second red packet lottery event in Suzhou on December 12.
As it Happened: Binance Denies Ripping Off $1 million From a User's Account
Binance, one of the largest crypto exchanges based on trade volume, has hit back at embezzlement claims made in November 2018 after it froze a user’s account with crypto assets worth $1 million. It claims that its actions were based on a tip-off by the South Korean police to return the funds to a scam victim.
Major US Hospitals Test Blockchain Platform to Streamline Operations
University Hospitals, an American doctors’ network and medical delivery organization has partnered with Axuall, a verification company, to explore blockchain technology in an extensive, nation-wide, medical-related project. As Crains Cleveland reported, the effort will research blockchain technology and its deployment in mechanisms affecting timely healthcare delivery to patients, specifically the creation of workflows and dispatch times. The joint project hopes to reduce the time it takes to connect qualified medical personnel with the growing demand from patients.
Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing
Vitalik Buterin has criticized the yield farming craze observed from the DeFi sector, comparing it to the US Federal Reserve’s mass printing strategy.
Bahamas Looks to Deploy its CBDC The Sand Dollar Across Borders
The Central Bank of the Bahamas (CBOB) has says it wants its digital currency dubbed the Sand Dollars integrated with other countries' currency.
Australia Records Over $14 Million Losses to Crypto Scams in 2019
Scamwatch, an Australian website dedicated to reporting scams saw an increase in crypto relating scams amounting to $14 million
Bitcoin (BTC) Price Could Reach $125K if it Pulled a Tesla—The Two Assets Show Similarities
The amount of Bitcoin whales, who have at least 10,000 BTC has increased to 114 as the cryptocurrency’s price rose above $18,000.
Bitcoin Price Set to Surge in 2021 as US Dollar Expected to Fall 20% Even with Vaccine Rollout
The US dollar acted as a safe haven for investors, during the coronavirus pandemic; analysts believe that the rollout of a vaccine could change the market.