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cointelegraph.com

Bahrain central bank licenses Sharia-compliant crypto exchange

CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in Bahrain, has obtained a license from the Central Bank of Bahrain.
cointelegraph.com cointelegraph.com
At the launch, CoinMENA will support five major cryptocurrencies including Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC) and Bitcoin Cash (BCH). The exchange will also feature an over-the-counter, or OTC, platform for larger transactions, providing customers with a dedicated manager overseeing every OTC trade.
 
cointelegraph.com

Cryptocurrency makes World Economic Forum's Davos Agenda

The World Economic Forum's upcoming Davos Agenda devotes considerable time to cryptocurrency.
cointelegraph.com cointelegraph.com
Thursday’s group features four speakers, including Tharman Shanmugaratnam, a senior minister for the government of Singapore, and Zhu Min, chairman of the Beijing-based National Institute of Financial Research.
 
Markets in the USA are crazy at the moment as investors chase one gambling stock in efforts, so far successful, in smashing the major shorters in the market now down billions of dollars.
Much of this dosh should find itself targeting gold, silver, and Bitcoin.
 
noirua said:
Markets in the USA are crazy at the moment as investors chase one gambling stock in efforts, so far successful, in smashing the major shorters in the market now down billions of dollars.
Much of this dosh should find itself targeting gold, silver, and Bitcoin.
Click to expand...
Btc jumping up...
 
Looks like Elon Musk is at it again. This is going to get very interesting. Buckle up.
cointelegraph.com

World's richest man Elon Musk boosts Bitcoin price by 20% — Is $40K back in play?

The price of Bitcoin has seemingly broken out from its recent slump.
cointelegraph.com cointelegraph.com
However, this tweet and profile change from Elon Musk prompted a new rally on Jan. 29 with price surging from $32,500 to $38,000 in a matter of minutes. The primary questions now are: does this mean the bull market is continuing and will BTC see new all-time highs?
 
Hi,

I'm vluu75, new to the forum and looking to start trading in cryptocurrencies. Is there a course or someone worthwhile following anyone can recommend?

All your help is appreciated.
 
markets.businessinsider.com

Could bitcoin could become the next 'great tech stock' of the decade? Yes, but it will take more than the buy-in of the retail army to get it there, an investment chief says

In order for bitcoin to hit $125,000, "it's going to require institutional capital," Messing said. "Retail can't get it there."
markets.businessinsider.com markets.businessinsider.com
Bitcoin could become what Tesla, Facebook, and Google were for the last decade, according to Brett Messing, partner, and chief operating officer at Skybridge Capital.

According to him, there are two potential outcomes for the digital token in the near future: either it could remain a niche asset and trade between $5,000 and $50,000, or it could grow to be a "real asset" that could easily hit as much as $500,000.
 

30 January 2021
Citibank forecasts $600,000 for Bitcoin. Not that far off A$1 million per coin.
 
cointelegraph.com

21Shares to list Polkadot ETP on Swiss SIX exchange

21Shares, a major provider of cryptocurrency exchange-traded products, is launching the world’s first Polkadot ETP.
cointelegraph.com cointelegraph.com
The new ETP comes shortly after Polkadot was added to 21Shares’ major ETP product Crypto Basket ETP (HODL) on Jan. 29. Tracking five major cryptos like Bitcoin (BTC) and Ether (ETH), HODL has removed Bitcoin Cash (BCH) and is now listing Polkadot as the second-largest constituent after Bitcoin.
 
cointelegraph.com

Grayscale may jumpstart the next phase of the Bitcoin bull run tomorrow

Grayscale could well be the kindling for a fresh Bitcoin inferno this month thanks to GBTC.
cointelegraph.com cointelegraph.com
With the next unlocking set for Feb. 3, anticipation should be building for a continuation of the Bitcoin bull run.
In late December, a dedicated article in technology magazine Hackernoon explained the phenomenon as being tied to releases of GBTC shares which have been subject to a customary lock-up.
Once they are released, Bitcoin tends to shoot higher as customers put their profits back into BTC, while the time preceding such events corresponds to a lack of price action.
 
www.thearmchairtrader.com

Argo Blockchain stands to benefit from future booms in Bitcoin price

Argo Blockchain's share price has been off to the races since December as more of a premium is placed on Bitcoin and on its makers.
www.thearmchairtrader.com www.thearmchairtrader.com
This is only likely to increase over the coming weeks as the likes of Elon Musk and hedge fund billionaire Ray Dalio show themselves to be in favour of cryptocurrencies. A single word on Twitter from Elon Musk last week, #bitcoin, sent the market soaring up 20%, at least for a period of time.
The number of new subscribers in the cryptocurrency market on Reddit, the platform that was the jumping-off point for the GameStop rally, has been increasing by between 20,000 and 30,000 per week bringing the total to above 150,000. Last week alone crypto subreddits have increased by 500% and new traders seem to be positioning themselves to push Bitcoin higher the same way they did with GameStop, aiming to trigger hedge fund shorts’ stop losses.
 

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