Bitcoin’s “Bollinger Band Width†follows the pattern just before the past surge | CoinDesk JAPAN
Just over three months ago, a technical indicator called the Bollinger Band Width based on the weekly chart of Bitcoin (BTC) signaled an increase in volatility. Sure enough, volatility increased ahead of the recent debut of spot BTC exchange-traded funds…
Germany’s second largest bank enters crypto asset trading: Bloomberg | CoinDesk JAPAN
According to Bloomberg, Germany’s second-largest bank, DZ Bank, plans to start testing crypto-asset (virtual currency) trading later this year. DZ Bank executive Souad Benkredda told Bloomberg that the bank, which is the central institution for about 700 cooperatives, wants to…
Japan’s first high-speed L1 stock Aptos (APT) to be listed on OKCoinJapan
Follow Sui OKCoinJapan announced on the 1st that it plans to start handling the crypto asset (virtual currency) “Aptos (APT)†in mid-February 2024. Aptos is compatible with sales offices and also provides savings investment services. Aptos, like Sui, is a…
Indian government announces budget, no change to strict tax policy on crypto assets | CoinDesk JAPAN
India does not appear to be making any changes to the controversial tax deducted at source (TDS) policy affecting the crypto-assets (virtual currency) industry. Finance Minister Nirmala Sitharaman presented the Budget in Parliament on February 1. Expectations were low that…
Bitcoin remains stable at $43,000 — concerns reignited due to drop in US regional bank stocks | CoinDesk JAPAN
Bitcoin (BTC) traded at $43,000 (approx. The Japanese yen (exchanged at 145 yen to the dollar) stabilized at around 145 yen per dollar. Shares of New York Community Bancorp (NYCB) have fallen more than 40% since January 30, hitting the…
El Salvador “continues Bitcoin policy†if President Bukele is reelected
“Maintain Bitcoin policy†El Salvador’s Vice President Felix Ulloa said on January 31 that the cryptocurrency Bitcoin (BTC) will remain the country’s legal tender during President Nayib Bukele’s second term. Reuters reported. Presidential elections will be held in El Salvador…
Bitcoin is in a stalemate, and there are multiple bullish signals such as large investor trends
Macroeconomics and financial markets In the US NY stock market on the 1st, the Dow Jones Industrial Average rose $369.5 (0.97%) from the previous day, setting a new record high. The Nasdaq index closed 197.6 points (1.3%) higher. connection:Ranking of…
Major German bank DZ to test retail Bitcoin trading
Virtual currency trading service exam Souad Benkleda, a member of the board of directors of major German bank DZ Bank, said on the 1st that the company will enter a pilot phase for retail trading of crypto assets (virtual currencies)…
The patchwork of UK crypto regulation is still too complex to bring real benefit
Yet another cryptocurrency scam has taken advantage of UK consumers. Last weekend, the North East Regional Organised Crime Unit (NEROCU) issued a fraud warning against Cosoin, an “investment app†that is, sadly, not much more than a Ponzi scheme. The…
ARK Invest Unveils Shocking 2024 Big Ideas: Bitcoin’s Price Potential Unleashed with 19.4% Portfolio Allocation
The post ARK Invest Unveils Shocking 2024 Big Ideas: Bitcoin’s Price Potential Unleashed with 19.4% Portfolio Allocation appeared first on Coinpedia Fintech News In ARK Invest’s latest Big Ideas 2024 report, Bitcoin takes the spotlight for its outstanding performance in…