Coinhouse Blog: Archives of Past Articles

Citigroup is the latest global banking group to get into cryptos

Banks and Institutions British financial regulator bans Binance from offering certain financial products The Financial Conduct Authority, the UK’s financial markets watchdog, has announced that it is banning Binance from offering certain crypto-asset financial derivatives, such as futures, CFDs, options, and crypto-assets considered securities. National restrictions have been increasing in recent weeks: Binance recently received […]

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Bitcoin and cryptos: are we still in a bullish trend?

We are once again witnessing a surprising week in the cryptocurrency market. After several days of decline, Bitcoin seemed to lose the important support of €25,000 ($30,000) on the afternoon of June 22. But that was without counting on the reaction of buyers who quickly pushed the price back above $30,000. After this price action, […]

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China is stepping up its crackdown on the crypto ecosystem

Banks and Institutions China continues to regulate cryptos The People’s Bank of China has ordered several domestic banks and mobile payment providers to cut off the accounts of companies selling crypto assets. Several Chinese provinces have cut power to mining farms including Sichuan, which has blacked out 26 mining pools. Bitcoin’s hashrate falls to its […]

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$42,000: the key resistance to break for Bitcoin?

The situation is easing in the cryptocurrency market. Bitcoin has been rebounding nicely over the past week, rising nearly 20% in seven days to trade around €33,200 ($40,000) on June 16. However, we will see in the detailed technical analysis that the price has returned to a key level, with the $42,000 (€34,600) resistance to […]

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Hedge funds plan to increase the share of cryptoassets in their portfolios

Banks and Institutions Eric Woerth wants to tax-free cryptocurrencies under certain conditions Chairman of the Finance Committee, Eric Woerth wants to defund capital gains on cryptocurrencies if they are reinvested “in the real economy or the cultural field”, like traditional investments, so that it can benefit the economy. The government has confirmed it is exploring […]

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Is the $30,000 level really a last stand for Bitcoin?

A wind of panic blew again at the beginning of the week on the cryptocurrency market. Negative news stories have multiplied, contributing to undermining investor sentiment. Yet Bitcoin remains in its range between €24,500 and €32,7000 ($30,000 and $40,000) and is trading this June 10 around €30,800 ($37,000). There is no doubt that the $30,000 […]

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Bitcoin soon legal currency in El Salvador?

Banks and Institutions El Salvador’s president wants to make Bitcoin a legal tender The president of El Salvador has announced plans to submit a law to parliament to grant Bitcoin legal tender status in his country. Among the various reasons, Nayib Bukele wants to de-dollarize his economy, attract capital and investors, help unbanked citizens and […]

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Bitcoin’s capitalization reaches 7% of gold’s

A major Ripple investor files a lawsuit against them Tetragon, the lead investor in Ripple’s Series C, is filing a complaint against the company.The complaint follows recent actions by the SEC, the U.S. regulator, which accuses Ripple of selling financial securities without going through the regulatory process.Tetragon is seeking to recover its investment and wants […]

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Volatility return on the crypto market to be expected for the weekend

After the purge of May, the last few days are plunging the cryptocurrency market into a very indecisive situation. Bitcoin is down about 3% in a week to around €30,500 ($37,000) on June 2. What to remember: Bitcoin’s price has actually been hovering between €24,500 and €32,7000 ($30,000 and $40,000) since May 19. Technically, a […]

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