The Swiss Stock Exchange announced an investment in Custodigit, the joint venture created by Swisscom and Sygnum in 2018. With this agreement, SIX Digital Exchange, Swisscom and Sygnum Bank enable Swiss banks to offer access to digital assets for their customers. The Swiss Stock Exchange today agreed to take a major stake in Custodigit and to partner […]
Bitcoin USD Chart Analysis – Cracking the all-time high of 2017 While the previous week was still characterized by a temporary correction, the reporting week was already showing the pattern of rising prices that has been observed more as in recent times. On Sunday, trading activity above the USD 18’000 mark was observed. This was […]
The world’s leading index provider S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, plans to introduce crypto currency indices in 2021. To do so, the company is entering into a partnership with the US blockchain data provider Lukka. S&P Dow Jones Indices is the largest global resource for index-based concepts […]
Visa, the largest company for payment cards alongside Mastercard, continues to intensively look into supporting cryptocurrencies. CEO Alfred Kelly sees great potential in this industry, particularly in so-called stablecoins, which include digital central bank currencies (CBDCs). Cryptocurrencies such as Bitcoin are often perceived as pure stores of value or investments. For Visa CEO Alfred Kelly, however, the […]
Hi! This is the first post about our tour. Yeah, I know what you are thinking, what took you so long Didi?! Hahaha. Sorry for that but the tour had kinda a too-early start and that’s positive for you guys, as you can now enjoy the tour a bit longer. The glass is always half […]
Bitcoin USD chart analysis – First correction after reaching new highs Monday began with a relatively quiet trading day, with trading around the USD 18,350 mark. On Sunday, a first test of the market’s strength reached a daily low of 17’600. The following day saw the usual pattern of higher daily lows. This momentum was […]
Rick Rieder, Chief Investment Officer (CIO) of the world’s largest asset manager BlackRock, recently made a positive comment on Bitcoin. He believes that the increasing digitalization of currencies will allow for broad adoption of Bitcoin.
An impressive reporting week with strong upward pressure is behind us. The week was defined by ever-higher daily closing prices until the end of the week. The lowest point was reached on Monday at $15.870 and the highest on Saturday at $19.010. This resulted in a substantial weekly increase of almost 20%.
Bitcoin has had a great year in terms of performance and institutional adoption. Yet there are still a lot of common myths/misconceptions people have about the crypto currency. These include things like “Bitcoin is a bubble”, “it has no intrisic value” or “governments will ban it”.
Bitcoin USD daily basis Chart: Tradingview.com Bitcoin USD chart analysis – New annual highs again Bitcoin, after consolidating in the USD 15,500 range, was able to make a renewed breakout into higher spheres and further extend its price increase of the previous week. On Monday, a second attempt to break through the USD 16,000 mark […]
