Equity Strategist Says Crypto Has a Place in Portfolios, Bitcoin Price to Reach $50,000 in 2021

An equity and derivatives strategist with a global financial services firm specializing in institutional trading believes that bitcoin has a place in investment portfolios. He has a price target for bitcoin of $50,000 in 2021. Bitcoin Has a Place in Investors’ Portfolios BTIG is a global financial services firm specializing in institutional trading, investment banking, research, and brokerage services. The firm has over 3,000 institutional and corporate clients worldwide, according to its website. Its chief equity and derivatives strategist, Julian Emanuel, talked about bitcoin in an interview with CNBC’s Fast…

Read More

Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto

The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does not exceed 5%. He also adds that this market is popular with corrupt individuals because it enables them to facilitate their illegal activities. Parallel Market Tainted Emefiele’s remarks were prompted by reports in late November that the local Naira currency has…

Read More

Bullrun Pushing More Investors To Jump on Securypto

PRESS RELEASE. Securypto focuses on safe and truly anonymous exchange of data. In a world where datahacks have become the norm rather than the exception, anonymity has become a necessity. Acknowledging the massive support from their community, Securypto lead developer Sam Nokati expressed his appreciation: “To all who believe in Securypto and continue to express your amazing support for the SCU token sale, as a show of our tremendous appreciation, we are going ahead of schedule with our token listing. Bilaxy is a world-class digital asset trading platform and we…

Read More

Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’

Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as a great number of distinguished individuals believe the USD will see a significant value decline in 2021. Moreover, renowned economist Stephen Roach thinks there’s more than a 50% chance the U.S. dollar could collapse by the end of next year. The U.S. dollar currency index…

Read More

Video: Lightning Network And Gaming With MintGox

Listen To This Episode: Apple Spotify Google Libsyn Overcast On this episode of the Bitcoin Magazine Podcast, CK sits down with the team behind the MintGox Lightning-enabled gaming initiatives. Desiree Dickerson of Lightning Labs, Simon Cowell and his colleague at ZebeDee Christian Moss take turns discussing why Bitcoin and Lightning are such game changers for the future of human commerce in general, and gaming specifically.  One of the key points of the conversation revolves around how it is necessary for folks to onboard onto Bitcoin without permission, and to onboard…

Read More

Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices

S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be included in the indexes As Reuters reported initially on December 3, 2020, such indexes will measure the performance of over 550 top traded crypto by market cap, including bitcoin, and they will use data from the New York-based company Lukka. According to the statement issued by both companies, S&P’s clients…

Read More

Caribbean Crypto Hotbed: More Than 40 Businesses Accept Bitcoin Cash in Antigua

Cryptocurrencies have been getting quite popular in the Caribbean region and in Antigua and Barbuda, the island has seen significant growth. Crypto adoption has been on the rise in the island country and just recently, a regional news report detailed that more than 40 major businesses are accepting bitcoin cash for goods and services. During the last few years, a myriad of Caribbean-based island nations are getting into digital currencies. Many Caribbean regions such as Nevis & St Kitts, Bermuda, Barbados, the Cayman Islands, and Antigua and Barbuda have become…

Read More

Nexo Launches Buyback Program, Commits Initial $12M

PRESS RELEASE. Nexo, the leading regulated digital financial institution with over $2 billion in assets under management, today announced the details of its buyback program. The company’s Board of Directors approved an initial repurchase of $12 million of its NEXO Token on an open-market principle, with the decision coming into force with immediate effect. Part of the company’s recently launched tokenomics overhaul Nexonomics, the move seeks to further boost the value of the NEXO Token, which marked a 160% price increase since the campaign’s launch in late October. The buyback…

Read More

Blackrock CEO Larry Fink: Bitcoin Makes US Dollar Less Relevant, Can Evolve Into a Global Market

The CEO of Blackrock, the world’s largest asset manager, said that bitcoin “can evolve into a global market.” Moreover, the cryptocurrency has a “real impact on the U.S. dollar,” making the need for the USD “less relevant.” Bitcoin Evolving Into a Global Market Blackrock CEO Larry Fink made some bullish statements about bitcoin in a conversation with former Bank of England Governor Mark Carney at the Council on Foreign Relations symposium on Tuesday. Blackrock is the world’s largest asset manager with over $7 trillion in assets under management. “Bitcoin has…

Read More

Titan Announces North American Bitcoin Mining Pool

Cryptocurrency mining software provider Titan announced the creation of Titan Pool, a bitcoin mining pool based in North America. An announcement shared with Bitcoin Magazine emphasized the enterprise-grade services that participants in the pool would receive, as well as the importance of its geographic location. “Asia and Europe account for nearly all mining power on the Bitcoin network, with the vast majority of pools based in China,” per the release. “The Titan Pool offers a powerful North American alternative and a way for the continent’s Bitcoin miners to achieve the…

Read More