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Untitled 16 April 2021
Bank of America recently asked 200 professional investors with $533 billion in assets under management for their opinions on Bitcoin. According to the survey that Bank of America conducted, findings show that a majority of professional investors are quite skeptical about the world’s largest cryptocurrency. A staggering 74% of respondents to the Bank of America… […]
AXA Switzerland now offers Bitcoin as a payment method 16 April 2021
Insurance provider AXA Switzerland announced that its Switzerland customers will now be able to pay their bills in Bitcoin (BTC). The insurer claims to be the first in Switzerland to enable customers to pay their premiums in Bitcoin. The option to pay in Bitcoin will be introduced from the start of April for all its… […]
DOGE “to the moon” as Robinhood faces more scrutiny 16 April 2021
After yet another phenomenal rally surging 114% in the last 24 hours, Dogecoin (DOGE) hit an all-time high of $0.29. With DOGE valuations soaring to $34 billion, the coin also makes an entry to the top-ten list as the eighth largest cryptocurrency leaving. Litecoin (LTC), Uniswap (UNI), and Chainlink (LINK) are trailing once again. There seems… […]
“Bitcoin’s peak volatility is right on track to drop below fiat volatility” 15 April 2021
There will come a time that Bitcoin will be less volatile than fiat money as money is being redefined. And when this time comes, you better be holding some. This is according to Willy Woo, a prominent online chain-analyst with roughly 400,000 followers on Twitter. Woo’s comments are a direct response to remarks made by… […]
GoldMan Sachs watching Bitcoin’s every move 15 April 2021
Goldman Sachs is keeping a close eye on Bitcoin. In an earnings call on Tuesday, the bank’s Chief Executive Officer, David Solomon, commented on the cryptocurrency, while also touching on central bank digital currencies (CBDCs). “As activities in these areas [cryptocurrency, blockchain and the digitization of money] progress, there will be significant disruption and change… […]