Description ⋅ May 15, 2021 9:28 AM
PNB: Punjab National Bank looking good for medium term, PNB is an Ideal destination for all Banking and trading need. 🔥 BUY PNB AT CMP(34) T1: 44 T2: 65 SBIN T1: 400 T2:450 T3:600 BOB T1:85 T2:96 HORIZON 3-6M SBI, PNB & BOB ALL WILL OUTPERFORM IN THE NEXT 3-6 MONTHS.
A trademark owner can be an individual, business organization, or any legal entity. A trademark may be located on a package, a label or on the product itself
What are trademarks?
A trademark is a type of intellectual property consisting of a recognizable sign, or expression which identifies products or services of a particular source from those of others.
Who can own the trademark?
A trademark owner can be an individual, business organization, or any legal entity. A trademark may be located on a package, a label or on the product itself.
The essential function of a trademark is to exclusively assist in identifying the source or origin of products or services, it indicates the source or serves as a badge of origin. Certain exclusive rights are attached to a registered trademark.
What does infringement of trademark mean? Trademark infringement in India is defined under Section 29 of the Trademarks Act, 1999. Simply put, when an unauthorized person uses a trademark that is identical or deceptively similar to a registered trademark, it is known as trademark infringement.
What are constituent elements of infringement of trademark?
Unauthorized Person, identical or deceptively similar (whether there is chance for a likelihood of confusion among the public), Registered Trademark, Good/services. Any use of exclusive statutory rights of a registered trademark constitutes infringement.
What are jointly owned trademarks?
When more than one legal entity come together to act as proprietor of a trademark, either for a joint entity created by both or to share in accordance for a good and services provided jointly by them, they are said to be joint owners of trademark.
How long does a trademark last?
Trademark can last for an eternity. All that is required to maintain trademark rights is the continued use of that mark in relation to the goods or services a venture offer. This is different to copyrights and patents, which have expiration dates and eventually enter into public domain.
What is the process of registration of trademark in India?
Trademark search, filing Trademark Application at Trademark registry India, then Examination, the examiner might accept the trademark absolutely, conditionally or object to it. The examination might take one year. Thereafter the trademark has to be published, so that anyone who objects to registering of the trademark has opportunity to oppose and present his case. Finally, a registration certificate under the seal of trademark office is issued after successfully clearing the aforementioned steps.
Posted by Technical Mechzone
As investor interest in cryptocurrency spikes, bitcoin could rise to $1 million over the next five years, one expert told Yahoo Finance Live.
“Bitcoin is going to $1 million a coin,” CoinDesk Learn Editor Ollie Leech said. “I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold… Bitcoin is uncontested.”
The timing of bitcoin crossing $1 million is the big question. Leech says the next bitcoin halving — a key technical event when the amount of bitcoins awarded to miners is cut in half— is set to take place in 2024, and that will likely trigger a massive price surge.
“The year after halving always seems to create a huge rise,” added Leech. “That’s what we are seeing now. The last halving for bitcoin was in 2020, and so far this year, we have seen prices explode. I don’t know when [bitcoin will cross $1 million] but it will likely be after 2025.”
Bitcoin’s market cap is currently at more than $1 trillion, about double where it was at the start of the year. The rally has been fueled by a couple of factors, including the fact that more institutional investors are embracing the cryptocurrency.
Earlier this year Tesla invested $1.5 billion in bitcoin, while Morgan Stanley and Goldman Sachs plan to offer select clients exposure to crypto. JPMorgan is also reportedly looking at its own product in partnership with NYDIG.
Crypto is gaining momentum in the payment space as well, with Mastercard, PayPal and Visa increasing crypto exposure over the past several months.
Wall Street’s big banks and payments firms are getting involved in digital assets as a result of client demand. A recent Mastercard survey found that 40% of people plan to use cryptocurrency in the next year.
Despite the growing bullish sentiment towards crypto on Wall Street and main street, some well-known investors remain skeptical.
Legendary investor Warren Buffett’s long-time business partner Charlie Munger was critical of bitcoin at Berkshire Hathaway’s annual shareholders meeting on Saturday, saying “I think the whole damn development is disgusting and contrary to the interests of civilization.”
And that’s not the first time Buffett or Munger have criticized the cryptocurrency. Back in 2018, Buffett warned that bitcoin was “probably rat poison-squared” while Munger said investing in cryptocurrencies is “just dementia.”
Regardless of warnings from skeptics that bitcoin is highly speculative and overvalued, investors are still buying. Bitcoin was trading just above $57,000 at the time of publication, well off the highs of the year but a gain of 94% since January 1. And if Leech is right, we could see a rally of more than 1,650% in the next five years.
Posted by Technical Mechzone
The Reserve Bank of India (RBI) announced key measures to boost the economy amid the current Covid situation in the country
Bank Nifty maintained upside amid bullish markets tone on Thursday, however, the upside move was in a slower place as state-owned banks limit the gains. The Reserve Bank of India (RBI) announced key measures to boost the economy amid the current Covid situation in the country. RBI gave a boost to lending, liquidity facility, stressed assets provisions among others in the sector.
At around 2.03 pm, Nifty Bank was trading at 32,902.05 up by 118.35 points or 0.36%. The index has touched an intraday high and low of 32,956.35 and 32,564 respectively.
AU Small Finance Bank was the top gainer on Nifty Bank, surging by 2.3%. The performance comes after RBI allowed small finance banks (SFBs) for fresh lending to small microfinance institutions (MFIs).
Further, Nifty Bank, ICICI Bank and Kotak Bank were on the gainers’ list, soaring by 0.9% each. IDFC First Bank and HDFC Bank jumped by 0.5% each.
On the contrary, Bandhan Bank was the top underperformer tumbling by nearly 4% followed by PNB and Federal Bank slipping 2.8% and 1.3% respectively.
IndusInd Bank dived by 0.4%, while RBL Bank, SBI and Axis Bank were broadly on a subdued level.
However, on NSE, the Nifty PSU Bank index was the top bear tumbling by 1.2%. PNB, Bank of Baroda, Union Bank and Canara Bank dragged plunging between 1-3%. Stocks like Bank of Maharashtra, J&K Bank and Punjab & Sind Bank were top bulls soaring between 1-2.5%.
RBI governor Shaktikanta Das on Wednesday announced an on-tap liquidity window of Rs50,000cr to boost the provision of immediate liquidity for ramping up COVID related healthcare infrastructure and services in the country. The window has a tenor of 3 years at the repo rate of 4% and is being opened till March 31, 2022.
Also, Das announced that to provide further support to small business units, micro and small industries, and other unorganised sector entities adversely affected during the current wave of the pandemic, it has been decided to conduct special three-year long-term repo operations (SLTRO) of Rs10,000cr. Meanwhile, banks are allowed to utilise 100% of floating provisions/counter-cyclical provisioning for making specific provisions for nonperforming assets.
Posted by Technical Mechzone
Gold prices today extended decline to the seventh straight day in Indian markets amid weak global cues. On MCX, gold futures were down 0.07% to ₹46,691 per 10 gram while silver rates fell 0.3% to ₹68439 per kg. In the previous session, gold and silver had declined 0.75% and 0.6% respectively. MCX gold faces resistance at ₹47780 and support at ₹45,760, according to domestic brokerage Geojit.
Gold has struggled this year after significant gains in 2020 as rising US bond yields have dampened the appeal of the precious metal. In August 2020, gold had hit a new high of ₹56,200 while silver had come closer to ₹80,000 per kg.In international markets, gold rates were lower today as US 10-year Treasury yields rose to a more than two-week high on Thursday. Higher yields increase the opportunity cost of holding non-yielding bullion. Spot gold was down 0.2% at $1,767.12 per ounce.
“Expect a choppy with negative bias trading possibly inside $1800-1762 levels initially and breaking any of the sides would suggest fresh direction to gold. A direct drop below $1720 is a short term bearish signal,” Geojit said.
Data released on Thursday showed US economic growth accelerated in the first quarter, setting the course for what is expected to be the strongest performance this year in nearly four decades. This week, US President Joe Biden proposed a sweeping new $1.8 trillion plan for families and education in a speech to a joint session of Congress.
Among other precious metals, silver fell 0.6% to $25.94 per ounce while platinum was up 0.5% at $1,203.59.
Gold consumption in India is likely to falter in the June quarter amid restrictions to arrest rising COVID-19 cases, the World Gold Council (WGC) said on Thursday. Gold demand had soared in India in the March quarter on pent-up demand after weddings were delayed in 2020 due to the COVID-19 pandemic.Gold consumption typically jumps in the June quarter due to weddings and key festivals such as Akshaya Tritiya, when buying gold is considered auspicious.
Lower purchases in India could weigh on global gold prices, say analysts. (With Agency Inputs)
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Synopsis
The slide pushed Bitcoin down as much as 8% to about $50,500, sending it below the low of $51,707 reached Sunday.
By Vildana Hajric
Bitcoin declined for the sixth time in seven days, extending losses after President Joe Biden was said to propose almost doubling the capital-gains tax for the wealthy.
The slide pushed Bitcoin down as much as 8% to about $50,500, sending it below the low of $51,707 reached Sunday. The coin had tumbled as much as 15% over the weekend in the wake of a false report from an anonymous Twitter account that the U.S. Treasury was cracking down on crypto money laundering.
“One of the biggest things you have to worry about is that the things with the biggest gains are going to be most susceptible to selling,” said Matt Maley, chief market strategist for Miller Tabak + Co. “It doesn’t mean people will dump wholesale, dump 100% of their positions, but you have some people who have huge money in this and, therefore, a big jump in the capital gains tax, they’ll be leaving a lot of money on the table.”
U.S. investors in the digital asset, which has advanced about 80 per cent since December, already face a capital-gains tax if they sell the cryptocurrency after holding it for more than a year. But the coin’s been one of the best-performing assets in recent years — anyone who bought a year ago is sitting on a 625 per cent gain. For investors who bought in April 2019, that gain equals roughly 860 per cent.
The IRS has stepped up enforcement of tax collection on crypto sales. The agency — which began asking crypto users to disclose transactions on their 2019 individual tax returns — asks taxpayers whether they “received, sold, sent, exchanged or otherwise acquired any financial interest in any digital currency.”
The nervousness among the crypto crowd can be seen in another rash of speculative tweets that popped up, just days after the earlier-debunked conjecture sent the market spiraling.
To be sure, Treasury Secretary Janet Yellen would very unlikely be taking the lead role for the administration when it comes to proposing policies, if that makes anyone feel better.
Posted by Technical Mechzone
The Nordic region is losing its edge in green Bitcoin mining, just as the industry faces growing scrutiny for its carbon emissions and everyone from Elon Musk to mom-and-pop investors pile in.
Iceland, Sweden and Norway have been popular mining locations because of an abundance of geothermal, hydro and wind power. China, where most coins are mined, relies mainly on coal. That Nordic power surplus is set to dwindle as aluminum smelters, oil rigs and steelmakers thirst for renewable energy.
There could be very little excess energy in 2021 and 2022,” said Hordur Arnarson, chief executive officer at Landsvirkjun, Iceland’s national utility. “Because of the climate issues we see a lot of very interesting segments that are growing rapidly, and several of them need electricity.”
The coins are mined by computers that process complex algorithms in halls as big as airport hangars. That makes electricity one of the key inputs, consuming as much power as thousands of households. And it keeps growing. Bitcoin mining now uses 66 times more electricity than in 2015, and carbon emissions from the process may face increasing regulation, Citigroup Inc. said in a recent report.
Emissions from mining coins in China are expected to peak in 2024, releasing as much carbon dioxide into the atmosphere as all of Italy, according to a study published in Nature Communications.
Iceland was the pioneer in green mining. Until four years ago, it hosted as much as 8% of global Bitcoin production, the nation’s Blockchain foundation said, a figure that’s now down to less than 2%. The University of Cambridge put the contribution even lower at 0.35% in April 2020, the most recent data available. By comparison, China accounted for 65% then.
Growing concern about China’s cryptocurrency clout is fueling demand for mining locations elsewhere. Kevin O’Leary, the chairman of O’Leary Funds Management LP, told CNBC earlier this month that two kinds of Bitcoin will emerge, “blood coin” from China and “clean coin” mined using sustainable hydroelectricity, where the provenance can be proven, and that he would opt for the green one.
Iceland’s biggest electricity consumers are the giant smelters built decades ago to benefit from the cheap power. With aluminum prices surging, plants owned by Rio Tinto Plc and others will consume more electricity after a slowdown in 2020, according to Landsvirkjun.
Bitcoin Rush
It’s unclear exactly how many cryptocurrency miners operate in the region. Hive Blockchain Technologies Ltd. from Canada has expanded mining at home as well as in Iceland and Sweden this year. Hong Kong-listed Genesis Mining Ltd. has facilities in Sweden and Iceland. Bitfury Holding BV has also been active on the volcanic island. None of them responded to questions about the region’s future role.
Gisli Kr. Katrinarson, chief commercial officer at AtNorth, Iceland’s biggest data center operator and home to some miners, says he doesn’t see an energy shortage.
As Bitcoin sailed through $60,000 for the first time this month, Daniel Fannar Jonsson, the CEO at new mining company GreenBlocks, is bullish. He cites Iceland’s prominent history in the industry and says carbon-free power is still a big plus.
Elsewhere in the Nordic region, new green and energy-intensive industries will produce everything from carbon-free steel to hydrogen and ammonia. Their selling point is that they boost the economy by creating thousands of jobs while helping to reduce emissions. Bitcoin mining, on the other hand, offers little back to society.
Bitcoin mining is problematic as “it leads to an almost infinitely increasing energy demand,” said Espen Barth Eide, the Norwegian Labor party’s top energy lawmaker. “It will displace other far more productive industries.”
Norway’s electrification program will boost power demand 30% by 2040, according to grid manager Statnett SF. The country, known as Europe’s green battery because of its vast hydro resources, is poised to send more electricity to the continent through new cables, which will curb availability for new large users.
The Nordic power surplus, excluding Iceland, is expected to shrink by 90% from 2023 to the end of the decade, according to industry consultant Volue Insights AS. New demand will mainly be for hydrogen production and data centers.
Rocky Path
While Iceland built a separate hydropower plant to allow for a new smelter in 2008, that courtesy won’t extend to Bitcoin miners, according to Arnarson, the utility chief.
“Nobody would build a power plant for Bitcoin,” he said. “There’s a lot of uncertainty about the future development.”
Cryptocurrencies emerged as an alternative investment in the last decade, but have famously whipsawed investors. A spectacular crash three years ago left it ice cold. It’s been spurned by billionaire investors including Warren Buffett, and loved by business mavericks such as Musk.
It’s on a tear again, having doubled in value this year.
Goldman Sachs Group Inc. and Morgan Stanley plan to offer their clients access to crypto investments. Tesla Inc. earlier this year disclosed a $1.5 billion investment in Bitcoin and now accepts it as payment for its electric cars.
Back on Iceland, Johann Snorri Sigurbergsson, business development manager at the HS Orka power plant, says the nation is closer to an energy shortage than a glut. His company is busy adding capacity on the Reykanes peninsula in the southwest.
While he’s open to eventually taking on more customers, right now the price would need to be “pretty high.”
“We would need to buy some energy from the market to be able to serve them,” he said. “But that kind of business case is not the price the miners are looking for.”
Posted by Technical Mechzone
कोरोना के तेजी से बढ़ते मामलों के बीच सोने-चांदी का भाव भी बढ़ता जा रहा है। लोग एक बार फिर सुरक्षित निवेश के रूप में सोना की ओर बढ़ रहे हैं। निवेशकों का रुझान एक बार फिर गोल्ड, गोल्ड ईटीएफ और बॉन्ड की तरफ बढ़ रहा है। बीते हफ्ते सोने के भाव में 723 रुपये प्रति 10 ग्राम का उछाल आया है। जिनके घरों में शादी है और अभी तक गहने नहीं खरीदे गए हैं तो उनके लिए यह खबर थोड़ी परेशान करने वाली है। हालांकि अब भी सोना अपने ऑल टाइम हाई से अभी भी 9085 रुपये प्रति 10 ग्राम सस्ता है और कोरोना के बढ़ते मामलों को देखते हुए इसके भाव पिछले साल की तरह आसमान छू सकते हैं। इसी तरह चांदी भी पिछले साल के हाई से 7198 रुपये सस्ती है। बता दें बीते हफ्ते चांदी 1880 रुपये महंगी हुई। वहीं अगर इस साल की बात करें तो बीते साढ़े तीन महीनों में सोना 2954 रुपये सस्ता हुआ है जबकि, चांदी 1427 रुपये महंगी हुई है। आंकड़े इंडिया बुलियंस ज्वैलर्स एसोसिएशन की वेबसाइट से लिए गए हैं
तारीख सोने का सुबह का भाव रुपये प्रति 10 ग्राम सोने का शाम का भाव रुपये प्रति 10 ग्राम चांदी का सुबह का भाव रुपये प्रति किलो चांदी का शाम का भाव रुपये प्रति किलो
16 अप्रैल 2021 46917 47169 68286 68810
15 अप्रैल 2021 46706 46782 67953 68021
13 अप्रैल 2021 46352 46506 66444 66903
12 अप्रैल 2021 46375 46545 66854 67177
09 अप्रैल 2021 46554 46446 67175 66930
08 अप्रैल 2021 46152 46411 66905 67219
07 अप्रैल 2021 45904 45929 66139 66032
06 अप्रैल 2021 45421 45410 65600 65422
05 अप्रैल 2021 45176 45259 64546 64962
01 अप्रैल 2021 44917 44919 63634 63737
31 मार्च 2021 44228 44190 62727 62862
31 दिसंबर 2020 50123 50202 67282 67383
7 अगस्त 2020 56254 56126 76008 75013
स्रोत: IBJA
50000 रुपये तक पहुंच सकता है सोना
केडिया कमोडिटीज के डायरेक्टर अजय केडिया कहते हैं कि कोरोना वायरस का संक्रमण बढ़ता जा रहा है। इससे शेयर बाजारों में जहां अनिश्चितता का माहौल है वहीं रियल एस्टेट भी पस्त पड़ा है। इस दौर निवेशकों के लिए सबसे सुरक्षित सोना ही नजर आ रहा है। निवेशकों का रुझान गोल्ड, गोल्ड ईटीएफ और बॉन्ड की तरफ बढ़ा है। यही वजह है कि सोने के रेट बढ़ते जा रहे हैं। पिछले साल गोल्ड की कीमतों में इजाफे की वजह लॉकडाउन, कोरोना के बढ़ते मामले, ब्याज दरों का कम होना, केंद्रीय बैंकों की खरीदारी आदि थी। इस साल कमोवेश हालात वैसे ही हैं। ब्याज दरें अभी कम हैं। रुपया डॉलर के मुकाबले लगातार कमजोर हो रहा है। दुनियाभर में पाबंदियों का एक और दौर शुरू हो चुका है, ऐसे में लोग सुरक्षित निवेश के लिए एक बार सोने की तरफ रुख कर रहे हैं। इस वजह से जून तक सोना 50000 रुपये तक पहुंच सकता है।
Posted by Technical Mechzone
Gold Price Today 16th April 2021 : सर्राफा बाजारों आज यानी 15 अप्रैल शुक्रवार को सोने-चांदी के रेट में बदलाव देखने को मिला। सोना गुरुवार के मुकाबले आज महंगा हुआ है। आज 24 कैरेट सोना 135 रुपये प्रति 10 ग्राम ऊपर खुला और 387 रुपये चढ़कर 47169 के स्तर पर बंद हुआ। वहीं चांदी के भाव में 789 रुपये प्रति किलो की बढ़त देखी गई।
इंडिया बुलियन एंड ज्वैलर्स एसोसिएशन की वेबसाइट के मुताबिक आज सर्राफा बाजारों में 23 कैरेट सोना 46980 रुपये प्रति 10 ग्राम के भाव से खुला वहीं, 22 कैरेट का भाव 43207 रुपये पर पहुंच गया है। जबकि 18 कैरेट सोने का रेट 35377 रुपये प्रति 10 ग्राम पर है। बता दें इंडिया बुलियन एंड ज्वैलर्स एसोसिएशन द्वारा जारी इस रेट और आपके शहर के भाव में 500 से 1000 रुपये का अंतर आ सकता है।
दिल्ली सर्राफा में भी तेजी
दिल्ली सर्राफा बाजार में शुक्रवार को सोना नौ रुपये की मामूली तेजी के साथ 46,431 रुपये प्रति 10 ग्राम हो गया। एचडीएफसी सिक्योरिटीज ने यह जानकारी दी। पिछले कारोबारी सत्र में सोने का बंद भाव 46,422 रुपये प्रति 10 ग्राम रहा था। चांदी भी 53 रुपये की मामूली तेजी के साथ 67,460 रुपये प्रति किलोग्राम पर आ गयी। पिछले कारोबारी सत्र में चांदी 67,407 पर बंद हुई थी। अंतरराष्ट्रीय बाजार में सोने का भाव लाभ के साथ 1,764 डॉलर प्रति औंस पर था। चांदी 25.87 डॉलर प्रति औंस पर लगभग अपरिवर्तित रही। एचडीएफसी सिक्योरिटीज के वरिष्ठ विश्लेषक (जिंस) तपन पटेल ने कहा, ”डॉलर में गिरावट और अमेरिकी बांड की प्राप्ति में गिरावट आने से सोने की कीमतों में तेजी आ
इंडिया बुलियन एंड ज्वैलर्स एसोसिएशन की वेबसाइट (ibjarates.com) के मुताबिक 16 अप्रैल 2021 को देशभर के सर्राफा बाजारों सोने-चांदी के हाजिर भाव इस प्रकार रहे…
धातु 16 अप्रैल का रेट (रुपये/10 ग्राम) 15 अप्रैल का रेट (रुपये/10 ग्राम)
रेट में बदलाव (रुपये/10 ग्राम)
Gold 999 (24 कैरेट) 47169 46782 387
Gold 995 (23 कैरेट) 46980 46595 385
Gold 916 (22 कैरेट) 43207 42852 355
Gold 750 (18 कैरेट) 35377 35087 290
Gold 585 ( 14 कैरेट) 27594 27367 227
Silver 999 68810 Rs/Kg 68021 Rs/kg 789 Rs/Kg
IBJA के रेट देशभर में सर्वमान्य
बता दें कि IBJA द्वारा जारी किए गए रेट देशभर में सर्वमान्य है। हालांकि इस वेबसाइट पर दिए गए रेट में जीएसटी (GST) शामिल नहीं किया गया है। सोना खरीदते-बेचते समय आप IBJA के रेट का हवाला दे सकते हैं। इंडिया बुलियन एंड ज्वैलर्स एसोसिएशन के मुताबिक ibja देशभर के 14 सेंटरों से सोने-चांदी का करेंट रेट लेकर इसका औसत मूल्य बताता है। सोने-चांदी का करेंट रेट या यूं कहें हाजिर भाव अलग-अलग जगहों पर अलग हो सकते हैं पर इनकी कीमतों में थोड़ा अंतर होता है।
Posted by Technical Mechzone
Bitcoin advanced Wednesday, breaching the $64,000 level for the first time after eclipsing its most recent record in March a day earlier as the mood in cryptocurrencies turned bullish ahead of Coinbase Global Inc.’s listing this week.
The token climbed as much as 1.6 per cent to as high as $64,207 in Asia trading. Cryptocurrency-exposed stocks such as Riot Blockchain Inc. and Marathon Digital Holdings Inc. advanced during U.S. trading hours.
Crypto bulls are out in force as a growing list of companies embrace Bitcoin, even as skeptics doubt the durability of the boom. In one of the most potent signs of Wall Street’s growing acceptance of cryptocurrencies, Coinbase will list on the Nasdaq on April 14 at a valuation of about $100 billion.
Coinbase’s debut “will mark the first official juncture between the traditional financial avenue and the alternative crypto path,” Ipek Ozkardeskaya, a senior analyst at Swissquote, wrote in a note. “As such, a successful addition to Nasdaq should act as endorsement of cryptocurrencies by traditional investors.”
Goldman Sachs Group Inc. and Morgan Stanley have announced plans to offer their clients access to crypto investments. Tesla Inc. earlier this year disclosed a $1.5 billion investment in Bitcoin and more recently started accepting it as payment for electric cars.
Still, skeptics argue that digital coins have been inflated by stimulus that’s also sent stocks to records. Regulators around the world are stepping up oversight and casting doubt on its usefulness as a currency.
Isabel Schnabel, member of the executive board of the European Central Bank, called Bitcoin “a speculative asset without any recognizable fundamental value” in an interview with Der Spiegel this month.
Coinbase’s public debut this week is also boosting the digital coins of other cryptocurrency exchanges, such as Binance Coin, which has jumped to become the third-most valuable cryptocurrency behind Bitcoin and Ether.
Many analysts expect the rally to continue.
“The lowest 30-day volatility since October tells us Bitcoin is ripe to exit its cage and continue in a bull-market on its way to the next $10,000 move,” according to Mike McGlone, Bloomberg Intelligence commodities strategist. “Similar to Tesla’s equity-wealth allocation to Bitcoin, the Coinbase IPO may add to the growing list of 2021 crypto-validation milestones.”
Posted by Technical Mechzone
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