Crypto Currency

HSBC Bans MicroStrategy Share Purchases Over Bitcoin Link

Reading Time: 2 minutes HSBC InvestDirect has apparently banned investors on its platform from buying shared in MicroStrategy due to its link with bitcoin In a message to a user, the bank called MicroStrategy a “virtual currency product”and said that further purchases were not allowed The FinCen Files leak in 2020 showed that HSBC allowed…

Published 6 years ago in
HSBC Bans MicroStrategy Share Purchases Over Bitcoin Link

Reading Time: 2 minutes HSBC InvestDirect has apparently banned investors on its platform from buying shared in MicroStrategy due to its link with bitcoin In a message to a user, the bank called MicroStrategy a “virtual currency product”and said that further purchases were not allowed The FinCen Files leak in 2020 showed that HSBC allowed a British criminal gang to funnel money through the bank HSBC InvestDirect has apparently banned investors from buying shares in MicroStrategy due to its Bitcoin position. In a tweet posted yesterday, Twitter user Klaus Lovgreen posted a message from the bank, presumably to him, that warns him that HSBC
The post HSBC Bans MicroStrategy Share Purchases Over Bitcoin Link appeared first on FullyCrypto.
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Crypto Currency

XRP Price Prediction: Bitcoin Dominance Puts $1.30 Support at Risk

TLDR: XRP trades at $1.30, down 7.21% over seven days, with $1.30-$1.32 serving as key support. Vuori Trading identifies $1.39 as the next resistance and $1.87 as a potential breakout target. Cryptoinsightuk prefers a lower XRP entry near $1.22, with liquidity extending toward $1.20. Rising Bitcoin dominance could pressure XRP and other altcoins if capital

Published 12 hours ago in
XRP Price Prediction: Bitcoin Dominance Puts $1.30 Support at Risk

TLDR: XRP trades at $1.30, down 7.21% over seven days, with $1.30-$1.32 serving as key support. Vuori Trading identifies $1.39 as the next resistance and $1.87 as a potential breakout target. Cryptoinsightuk prefers a lower XRP entry near $1.22, with liquidity extending toward $1.20. Rising Bitcoin dominance could pressure XRP and other altcoins if capital […]
The post XRP Price Prediction: Bitcoin Dominance Puts $1.30 Support at Risk appeared first on Blockonomi…
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Crypto Currency

Bitcoin Analysts Are More Bullish Now Than at the Start of the 2023 Bull Market: CryptoQuant

Is being too bullish actually good for the crypto market…

Published 12 hours ago in
Bitcoin Analysts Are More Bullish Now Than at the Start of the 2023 Bull Market: CryptoQuant

Is being too bullish actually good for the crypto market…
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Crypto Currency

Crypto Weekly Recap: Why Bitcoin Fell, Ledger Hack and MSCI Risk for Strategy

TLDR Bitcoin fell to about $79,800 on October 15 after higher-than-expected US inflation data, then rebounded. Tampered Ledger hardware wallets were used to steal an estimated $90 million. MSCI’s new index rules could affect Strategy and other companies that hold mostly crypto. Circle’s USDC became the first stablecoin to get the EU’s top e-money token

Published 12 hours ago in
Crypto Weekly Recap: Why Bitcoin Fell, Ledger Hack and MSCI Risk for Strategy

TLDR Bitcoin fell to about $79,800 on October 15 after higher-than-expected US inflation data, then rebounded. Tampered Ledger hardware wallets were used to steal an estimated $90 million. MSCI’s new index rules could affect Strategy and other companies that hold mostly crypto. Circle’s USDC became the first stablecoin to get the EU’s top e-money token […]
The post Crypto Weekly Recap: Why Bitcoin Fell…
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Crypto Currency

Crypto ETFs Lose $610 Million as Ethereum Outflows Overtake Bitcoin

TLDR U.S. crypto ETFs saw $610.7 million in net outflows from Oct. 12 to Oct. 16, down from $1.29 billion the week before. Ethereum funds lost $320.1 million, with BlackRock’s iShares Ethereum Trust making up $299 million of that. Bitcoin funds lost $228.4 million, even after a $175.7 million Tuesday…

Published 12 hours ago in
Crypto ETFs Lose $610 Million as Ethereum Outflows Overtake Bitcoin

TLDR U.S. crypto ETFs saw $610.7 million in net outflows from Oct. 12 to Oct. 16, down from $1.29 billion the week before. Ethereum funds lost $320.1 million, with BlackRock’s iShares Ethereum Trust making up $299 million of that. Bitcoin funds lost $228.4 million, even after a $175.7 million Tuesday…
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