Cryptocurrency

Bitcoin is a speculative asset that needs to be regulated globally

European Central Bank (ECB) President Christine Lagarde on Wednesday, January 13, called for global regulation of bitcoin. Reported by Reuters. Lagarde said bitcoin’s anonymity raises concerns about its use in money laundering and other illegal activities. “Bitcoin is a highly speculative asset that is being used in suspicious cases as well as totally reprehensible money laundering…
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Cryptocurrency

Internet interest in ether has risen to record levels

The number of internet searches related to Ether (ETH) has reached the highest level in the history of altcoin. According to Google Trends, people around the world are now much more interested in this digital currency than at the turn of 2017-2018. As a reminder, in January 2018, ETH reached $ 1,432. Today the altcoin is trading just below $ 1100. However, cryptocurrency network metrics…
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Cryptocurrency

Whales have increased their positions during the fall in the price of bitcoin

Large holders of the first cryptocurrency on January 11 did not succumb to panic amid the recent drop in quotations and increased their positions. This is indicated by data from Glassnode. The number of bitcoin addresses holding more than 1,000 BTC rose to a new record (2,140) amid a price dive from $ 38,250 to $ 30,400 and the liquidation of positions in the derivatives market for $ 1.49…
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Cryptocurrency

Bakkt: Cryptocurrency market capitalization will grow to $ 3 trillion

The cryptocurrency market could grow to $ 3 trillion by 2025. This forecast was given by analysts of the Bakkt platform in a presentation for investors. According to the company, Bakkt’s Serviceable Available Market (SAM) in 2020 was $ 1.6 trillion, including $ 564 billion in cryptocurrency (data as of December 14, 2020). The total SAM by 2025 is projected to reach $ 5.1 trillion…
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