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Source : Bit Coin News
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Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts

Automated Investment Service Firm Wealthfront Adds Support for Grayscale's BTC, ETH TrustsOn Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers investments in the Grayscale Ethereum Trust (ETHE) and the Grayscale Bitcoin Trust (GBTC). […]
Source : Bit Coin News
Added today

Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round

PaxosPaxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its Series D funding round that started last April. These institutions were listed as “strategic investors,” but the amounts of their contributions were not disclosed. Paxos has now raised more than $540 million in […]
Source : Bit Coin News
1 days ago

Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report

crypto.comA new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla, Visa, Mastercard, and Microstrategy adopting cryptocurrency, and El Salvador establishing […]
Source : Bit Coin News
1 days ago

Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology

Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ TechnologyGabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance. While echoing concerns expressed by his counterparts regarding cryptocurrencies, the official has also highlighted some of their positives. Don’t Ignore the Positive Elements of Crypto Technology, Central Bank […]
Source : Bit Coin News
1 days ago

Breaking NFTs to Pieces: These 4 Projects Are Fractionalizing Grimes, Banksy, Cryptopunk NFTs

Breaking NFTs to Pieces: These 4 Projects Are Fractionalizing Grimes, Banksy, Cryptopunk NFTsWhile non-fungible token (NFT) collectibles have been all the rage, a few projects have been developing the concept of fractionalized NFTs so investors without deep pockets can purchase shares of an expensive collectible. On Thursday, the firm Otis revealed that people can invest in an NFT created by the world-famous Canadian musician and record producer […]
Source : Bit Coin News
1 days ago

Report Suggests Robinhood Owns Largest Dogecoin Address and Third-Largest BTC Wallet

Last February the crypto community was obsessed with a specific dogecoin address that happens to be the largest dogecoin holder today with over 36 billion DOGE. One armchair sleuth studied a number of onchain transactions and suspected the company Robinhood owned the wallet. Now the individual has researched the topic again and claims the latest […]
Source : Bit Coin News
1 days ago

Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million

Finland Looking for Broker to Sell Seized Bitcoins Worth $80 MillionFinland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs authority announced Thursday that it is seeking brokers to sell 1,981 bitcoins seized in drug busts, Bloomberg reported, noting that the coins were forfeited to the state by court order. […]
Source : Bit Coin News
1 days ago

Malaysia Takes Enforcement Actions Against Binance, Advises Investors to ‘Withdraw All Investments Immediately’

Malaysia Takes Enforcement Actions Against Binance, Advises Investors to 'Withdraw All Their Investments Immediately'The securities regulator of Malaysia has taken enforcement actions against the global cryptocurrency exchange Binance. Noting that the exchange is operating illegally in the country, the regulator has advised those who currently have accounts with Binance “to immediately cease trading through its platforms and to withdraw all their investments immediately.” Malaysia Issues Public Reprimand Against […]
Source : Bit Coin News
1 days ago

Paypal Unveils Plans to Expand Cryptocurrency Services With ‘Super App’ and Open Banking Integration

Paypal Unveils Plans to Expand Cryptocurrency Services With 'Super App' and Open Banking IntegrationPayments giant Paypal has outlined its plans to expand cryptocurrency services, including via a new wallet “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. “We continue to be really pleased with the momentum we’re seeing on crypto and we’re obviously adding incremental functionality into that,” said Paypal’s CEO. Paypal Reveals Crypto Plans, […]
Source : Bit Coin News
1 days ago

Biden to Step Up Crypto Tax Enforcement to Help Fund $1 Trillion US Infrastructure Plan

Biden to Step Up Crypto Tax Enforcement to Help Fund $1 Trillion US Infrastructure PlanU.S. President Joe Biden and lawmakers have agreed on the details of a roughly $1 trillion bipartisan infrastructure package with measures to step up tax enforcement around crypto assets. Taxing Crypto Transactions to Fund US Infrastructure Plan The White House announced Wednesday that President Joe Biden and a bipartisan group of lawmakers have agreed on […]
Source : News Btc
1 days ago

Commercial Paper Reserves Of Tether Under Heavy Regulatory Scrutiny

Tether has been facing a lot of pressure from regulatory authorities. Now, the attention of the watchdogs has shifted to its commercial paper reserve. As a result, this week has been very hot for the company. The regulators focus their attention on what makes up the Tether reserves. Related Reading | Cardano Aims To Facilitate Users With Smart Contracts A report disclosed that Tether’s Michael Hsu said that the US regulators focus their attention on the paper to know if every Tether Token is actually backed by $1 as the company claims. US Regulators Scrutinize Tether From what we learned, the regulators investigating Tether are led by Janet Yellen, the US Treasury Secretary. Before now, Yellen has held some meetings about the possible risks of stablecoins. Now, the ” President’s Working Group on Financial Market” aims to know if Tether really holds large amounts of commercial papers as it claims. Commercial papers usually represent debt instruments that companies issue to investors for short-term funds. However, the Working Group does not believe the claims as it compares it to a mutual fund that can lose its investors in one day. Presently, the total USDT in circulation is 62 billion. So, there seems to be a legitimate cause for alarm. The crypto market is back in the bullish mode as BTC climbs above the $40k mark | Source: Crypto Total Market Cap on TradingView.com Last two months, Tether had revealed the composition of its total reserves. According to the stablecoin, it had more instruments that were not just cash or cash equivalents, such as bonds, secured loans, bitcoin, and a larger portion comprising of commercial papers. Related Reading | Tether To Conduct An Audit To Negate Claims Concerning Transparency While talking with sources, Stuart Hoegner, the Tether general counsel, revealed that the company is planning a thorough audit in some months to come. Let’s recall that Tether hasn’t carried out such audits before now, and the announcement helped a lot of investors to breathe easier. However, on July 19, Yellen was heard asking lawmakers to establish rules that will guide stablecoins in the financial market. More Calls on Crypto regulations After calling for regulations on stablecoins, Yellen received a letter nine days later from Senator Elizabeth Warren asking her to push for greater regulation for the cryptocurrency industry as a whole. During a hearing of the “Senate Banking Committee,” Warren also stated her negative position about the crypto industry. According to her, it was better to hand over the financial systems to giants banks than some nameless and faceless, shadowy miners and super-coders. Related Reading | Anthony Di Lorio To Leave Cryptocurrency Space For Philanthropic Initiatives However, during the hearing, an Anderson Kill Law partner, Preston Byrne, stated that the most frightening of all is that Elizabeth Warren is in control of the financial system. Elizabeth is a democrat who has been serving as a United States Senator since 2013. Featured image from Pixabay, chart from TradingView.com
Source : News Btc
1 days ago

How Much Is Your Love Worth? Polish Influencer Sells “Love” As NFT

NFTs are becoming the next big thing in the crypto market as more investors get on board with projects surrounding them. Non-fungible tokens like the “Stoner Cats” NFTs was released with huge success in their communities. Non-fungible tokens which mostly revolved around art when they were first released has now expanded into a wider domain. Increasing support for NFTs has shone through with e-commerce giant Shopify adding merchant support for non-fungible tokens. And most recently, Coca-Cola partnering up with Tafi to launch its very first collection of non-fungible tokens. The non-fungible tokens include files like images, audio, and video. Related Reading | Are NFTs Dead? New Game Changing Trends Now comes one of the most interesting uses of none-fungible tokens so far and that is 26-year-old Polish influencer Marta Rentel announcing she has sold her love online as an NFT. The NFT sold for $250,000 and the lucky buyer gets to go on a date with the influencer. Selling “Digital Love” Talking about the sale, Rental explained that she wasn’t selling her physical love. But was rather selling the love of her online persona. “Nothing on the Internet is physical,” Rental said. “It’s part of my online persona.” The 26-year-old Polish influencer boasts over 600,000 followers on Instagram and goes by the name of Marti Renti online. The influencer explained that she wanted to be the first person in the world to tokenize emotions. Related Reading | TABOO Set to Launch First-Ever NFT Collectibles for Supermodels This remains a novel idea, as one would scratch their head trying to figure out exactly how they would tokenize emotions. But Rentel believes that love can be separated into physical love, platonic love, and most importantly, digital love. With each one being just as real as the other. Rentel confirmed the sale of the NFT but added that she did not know who had bought it either. The identity of the buyer seems will remain unknown until the date with the influencer. NFTs As A Store Of Value NFTs are gaining more support given what they represent. With this, people can show that they undisputedly own a piece of artwork or anything else being sold as a non-fungible token. Information about the work and the owner is written directly to the blockchain where everyone can see who the owner of the piece is. This has been especially popular amongst artists as this provides them a way to directly sell their art. And also helps to combat people using their work without properly paying or licensing it. Related Reading | Banksy’s Infamous ‘Spike’ Artwork Becomes an NFT The information on the blockchain is impossible to edit or remove. So every and all record regarding a sale is put on the blockchain, which basically acts as a digital ledger for the sale. Marta Rentel does not stop at selling her “love” as an NFT. The influencer plans to continue to sell her Instagram photos and YouTube videos as non-fungible tokens. Featured image from Kindpng
Source : News Btc
1 days ago

Five Bullish Monthly Charts That Suggest Bitcoin Will Blast Off

Tomorrow is the last day of the month of July, and Bitcoin is at a pivotal moment in its lifetime. The crossroads of a possible bear market or bullish continuation is here, and the path chosen will dictate the trend for potentially months or years to come. The monthly timeframe could provide clues as to what might be next, and we’ve got five ultra bullish technical charts and reasons why Bitcoin is more likely to blast off than fall further from here. Critical Monthly Close Could Determine Crypto Cycle Crossroads Bitcoin is back at around $40,000 after a long drawn out and dramatic fall to $30,000. Each sweep below the support level was bought up, but resistance above also has yet to crack.  The reason for the stalemate between the two levels, is because price action on monthly timeframes is trapped between the Tenkan-sen and Kijun-sen. The last bear market was kicked off by losing such level. The monthly candle is also holding at support, which is something that failed to happen in early 2018. The Ichimoku is currently bullish on the top cryptocurrency | Source: BTCUSD on TradingView.com The two smaller bodied candles from June and July appear similar in structure as the pair that set the bear market bottom around $3,000 and has never yet been broken. Related Reading | Ready To Run: Bitcoin Forms Best Performing Bull Market Bottoming Pattern The Japanese candlestick pattern is also forming just as Bitcoin price brushes up against a long-term parabolic curve. A similar sized move up from the 2018 bottom might resembled the measured target from here. Candle structure matches the bear market bottom | Source: BTCUSD on TradingView.com Although the below chart demonstrates the TD sequential indicator at a red 2-count, which would suggest any downtrend is in its early stages (compare to past counts for examples). But in bulls favor, support has fallen back to where a TD 9 count was previously broken on the high timeframe. Support is holding where the trend became interesting | Source: BTCUSD on TradingView.com Bitcoin Bull Stampede Could Be Brewing, According To Technicals The bullish signals on the monthly timeframe simply just don’t stop there. Bitcoin price has plenty more to suggest the bull run is nowhere yet finished. The next signal is from the Relative Strength Index, which suggests that although Bitcoin got overheated very quickly during this last impulse, the bull run would barely be a whimper compared to the last rally. RSI support is holding | Source: BTCUSD on TradingView.com The RSI is holding at a level that prompted that last major bull market of 2017, and has begun to turn back higher. If the same reading is taken from the point of support during the last bull market, the RSI suggests there’s a lot more room for bulls to run this cycle. Related Reading | Bitcoin Indicator Forecast Calls For $46K, New All-Time Highs Possible Finally, there’s the LMACD, which is narrowly escaping a bearish crossover. There's no bearish crossover... yet | Source: BTCUSD on TradingView.com The LMACD is the logarithmic version of the moving average convergence divergence indicator, and is better suited for use with Bitcoin. Past bear crosses on the monthly timeframe led to extended downtrends, while narrowly crossing in late 2020 led Bitcoin’s charge to $60,000 per coin. All of the charts combined suggest that any bearish action on lower timeframes, was nothing more than a shakeout of epic proportions. However, only time will tell, and there is still more than 24 hours left before the clearly critical monthly candle comes to a dramatic close. Follow @TonySpilotroBTC on Twitter or via the TonyTradesBTC Telegram. Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com
Source : News Btc
1 days ago

Huge Bitcoin Inflow To Gemini Behind The Drop To $38k?

On-chain analysis shows that crypto exchange Gemini observed huge Bitcoin inflows just before the plunge down to $38k. Huge Bitcoin Inflows To Gemini As pointed out by a CryptoQuant post, crypto exchange Gemini saw huge inflows earlier today resulting in a positive spike in the netflows. Before examining the data, here are some quick definitions for the relevant terms. The exchange inflow is the amount of BTC sent from personal wallets to the exchange platform. Similarly, the outflow is the BTC that was transferred out of exchanges to personal wallets. The netflow is just the difference between the value of the inflow and the outflow. When the value of the netflow is positive, it means more BTC is entering the exchange than exiting. Such a  spike would mean that investors want to sell off their Bitcoin, and thus there is a selling pressure in the market. On the other hand, when this indicator is negative, it implies a buying pressure in the market as more BTC is traveling out of exchanges than in. Now, here is how the Bitcoin netflow chart for the Gemini crypto exchange looks like: The Gemini BTC netflow notices a huge positive spike | Source: CryptoQuant As the above graph shows, Gemini has just witnessed a spike in the Bitcoin netflow. Interestingly, BTC’s price plunged down to $38k from just under $40k right after these inflows. Related Reading | 8 Green Candles: Here’s What Happened The Last Time In Bitcoin The chart also shows that the other big positive netflows also seem to have been followed by drops in the crypto’s price. This does make it seem like there is a correlation between the netflows on Gemini and BTC’s price. BTC Price At the time of writing, the Bitcoin price floats around $k, up % in the last 7 days. The cryptocurrency’s gains for the month are around %. Here is a chart that shows the trend in the price of BTC over the last 24 hours: BTC witnesses a sharp fall from about $40k to $38k | Source: TradingView After being range bound for quite the while, Bitcoin finally saw some significant price movement as its price touched $40k. The cryptocurrency has seen 9 up days, something the coin hasn’t seen since 6 years ago. However, today it seems like BTC has finally dropped a little so today won’t be a positive day. As explained before, this plunge down to $38k is likely due to the Gemini inflows. Related Reading | TA: Ethereum (ETH) Outpaces Bitcoin, Why Bulls Aim Larger Increase In the past, there have been similar instances where Gemini inflows caused sharp downtrends. However, they don’t necessarily mean a drop will happen. It could still be worth keeping an eye on the crypto exchange’s netflow for any possible hints, nonetheless.
Source : News Btc
1 days ago

Celebrate With Crypto As Ethereum Turns Six Years Old

The Ethereum community celebrates 6 years since the network was launch. The platform host some of the most important crypto trends, from decentralized finances (DeFi), non-fungible tokens (NFTs), and is currently in the process to migrate from a Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS). Ethereum has gone from process thousands of transactions to around 1.2 billion, according to data provided by Etherscan. The network settles trillions of dollars in value every year, said the co-founder of EthHub Anthony Sassano, who reviewed the platform’s history to celebrate this major achievement. At the time of writing, Ethereum trades at $2,338 with a 636% profit in the 1-year chart. In this period, ETH has climbed from the low hundreds to an all-time high at over $4,000, on the back of its “infinite” potential, as many on its community claim. In terms of market cap, ETH holds the second position in the top 10 with a worth of $273 billion, right behind Bitcoin with $732 billion. The events that will allow Ethereum to migrate to its “Beacon Chain”, its upcoming upgrades in terms of scalability, its transition to deflationary model with EIP-1559 have led some to believe ETH will eventually flip Bitcoin and take the number one spot in every metric. As Sassano recalled, the Ethereum mainnet was launched on July 30th, 2015, after an ICO where investors could acquire 1 ETH for $0.30. In 2016, the network experienced one of its most infamous episodes with “The DAO” hack: (…) event which was spectacular in both good and bad ways. 2017 was Ethereum’s first breakout year with it leading the bull market due to ICO mania (and a lot of hype around proof of stake). Then came 2018 which was a very sobering year for Ethereum. After a multi-year bear market, the network and ETH have returned to “a rocket ship with no signs of slowing down”. Sassano calculates the return of those lucky enough to first invest in the ICO in around 7833x, and with potential future appreciation. Is The Ethereum Flippening Imminent? The NFTs and DeFi are already worth billions of dollars after just a short period since they made their way into a portion of the world population. Many artists, creators, and celebrities are trying to leverage NFTs to bypass a product’s traditional distribution and achieve a deeper connection with its audience. The latest mania was driven by the adult animated series “Stoner Cats” which requires viewers to purchase an NFT to access the content. The show was produced by Mila Kunis and the inventor of Ethereum, Vitalik Buterin, was part of the cast. On the other hand, data from DeFi Pulse indicates that the DeFi sector has $67 billion in total value locked (TVL). Uniswap, SushiSwap, Compound, Yearn Finance, MakerDAO, and other DeFi protocols allow thousands of users to maximize their profits and create new investment strategies without the intervention of a third party. This has been acknowledged by J.P. Morgan, Goldman Sachs, and other titans in the traditional market that consider Ethereum a key component of the future of finances. As Pseudonym user LiveLambo said via Twitter, the ecosystem created on top of this platform has grown to unprecedented levels and justifies the name that has been bestowed on Ethereum, the “Infinite Machine”.
Source : News Btc
1 days ago

Cardano (ADA) Launches Connector For DApps Integration

Cardano (ADA) continues to move further in its smart contracts integration on its blockchain. Cardano announced about a week ago that it had successfully completed the long-awaited Alonzo White Hard Fork. And with this, the project was moving on to the next phase of the integration. Smart contracts on the Cardano network will allow developers to build decentralized finance (DeFi), NFTs, decentralized identity (DID), and countless other things not the network. This is why the move to smart contracts support is very important for the network. Related Reading | Cardano (ADA) And Dogecoin (DOGE) Record Highest Gains As Crypto Market Surges Continuing on down this road, Cardano has now launched a connector for DApps integration on the network using its Yoroi Wallet. Yoroi Wallet comes from the commercial arm and solutions provider of the Cardano Ecosystem known as EMURGO. The Beta version of the connector was announced four months ago via a press release on the EMURGO website. This was in an effort to make a way for Cardano (ADA) and Ergo (ERG) users to be able to make DApp transactions on the blockchain with no problems. Related Reading | Cardano (ADA) Demand Rises Amongst Retail And Institutional Investors, Why This Is Happening The connector provides more incentives for DeFi developers to build solutions and services on the blockchains. And with Yoroi Wallet, seamlessly transfer between both networks. After months of Beta testing, Yoroi Wallet has announced that the App connector is now available for users on the blockchain. The connector will increase adoption worldwide on the network. Bringing more and more people into the decentralized global operating system that was made for a user base that spans around the globe. A @YoroiWallet dApp connector will allow interactions between users and blockchain-based dApps on the Cardano blockchain. We are excited for you to read our new blog on our upcoming release and what it means for our users and the Cardano ecosystem! https://t.co/GvqpE03xxo pic.twitter.com/waSYMjHFm8 — Yoroi Wallet (@YoroiWallet) July 29, 2021 Functions Of Cardano’s Yoroi Wallet Connector The Yoroi Wallet connector provides a much-needed bridge between users and blockchain-based decentralized apps (DApps) to enable them to access the services they require. The DApp connector will allow users to carry out activities permitted by the DApp that they are currently accessing. Related Reading | Cardano (ADA) Launches Crypto Charity Platform With Rwanda-Based NGO These activities include the buying and selling of tokens, getting access to resources provides by that DApp, and/or accessing features offered by the DApp. The bridge provided by the Yoroi Wallet connector also permits the validation of owners of specific assets. Also allowing executions for transactions for the DApp, a functionality that would bring access to things like NFTs. ADA price currently trending around $1.25 | Source: ADAUSD on TradingView.com More importantly, is the fact that the Yoroi Wallet connector will act as the communication medium between the Cardano blockchain and smart contracts once the network is able to support them. Users can get access to the connector by simply adding it as a plugin on their preferred browser of choice. From there, they can access whatever features they wish to use. Featured image from NewsBeezer, chart from TradingView.com
Source : News Btc
1 days ago

TA: Ethereum (ETH) Outpaces Bitcoin, Why Bulls Aim Larger Increase

Ethereum is up over 5% and it broke the $2,400 resistance against the US Dollar. ETH price outpaced bitcoin and it seems like there are chances of more gains above $2,450. Ethereum started a fresh increase and it managed to surpass the $2,320 resistance zone. The price is now trading well above $2,300 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct lower, but the bulls are likely to remain active near $2,390 and $2,350. Ethereum Price is Gaining Pace Ethereum formed a support base above $2,250 and started a fresh increase, outpacing bitcoin. ETH price gained strength and it broke the main $2,300 and $2,320 resistance levels. The price even surged above the $2,400 level and the 100 hourly simple moving average. It opened the doors for more gains and the price traded as high as $2,450 level. It is now correcting gains from the $2,450 resistance zone. Ether is approaching the 23.6% Fib retracement level of the upward wave from the $2,303 swing low to $2,451 high. The first major support is near the $2,390 and $2,380 levels. It is near the 50% Fib retracement level of the upward wave from the $2,303 swing low to $2,451 high. There is also a major bullish trend line forming with support near $2,340 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com The next key support is near the $2,280 level and the 100 hourly simple moving average. A clear downside break below the $2,280 support zone could lead the price towards the $2,200 support. More Gains in ETH? If ethereum remains stable $2,340, it could continue to rise in the near term. An immediate resistance on the upside is near the $2,450 level. A clear break and close above $2,450 might start another steady increase. In the stated case, the price could easily rise towards the $2,500 level. The next key resistance is near the $2,550 level, above which the price might test $2,680 in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now correcting lower from the overbought zone. Major Support Level – $2,340 Major Resistance Level – $2,450
Source : News Btc
2 days ago

TA: Bitcoin Turns Green, Why Close Above $40K Is Crucial

Bitcoin price is trading in a positive zone above the $39,000 level against the US Dollar. BTC must settle above $40,000 for a sustained upward move in the near term. Bitcoin is trading positively above the $38,500 and $38,800 support levels. The price is still trading well above $39,000 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $39,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to accelerate higher if it settles above $40,200 and $40,500. Bitcoin Price Could Gain Momentum Bitcoin price remained well bid above the $38,200 support zone. BTC started a steady increase and it even broke the $39,000 level and the 100 hourly simple moving average. However, the bulls are struggling to gain strength above the $40,000 zone. The last high was formed near $40,920 before there was a minor downside correction. The price corrected below the $40,000 support level. There was a break below the 23.6% Fib retracement level of the upward wave from the $36,340 swing low to $40,920 high. The price even traded below $39,500, but the bulls were active above the $39,000 support. There is also a major bullish trend line forming with support near $39,000 on the hourly chart of the BTC/USD pair. The price is also trading nicely above the 50% Fib retracement level of the upward wave from the $36,340 swing low to $40,920 high. On the upside, an initial resistance is near the $40,200 level. The first key resistance is near the $40,500 level. Source: BTCUSD on TradingView.com If there is an upside break above the $40,500 resistance zone, there are chances of more upsides. The next major resistance is near the $41,000 and $41,200 levels. A close above $41,200 could trigger a steady increase towards the $43,500 level. Dip Supported in BTC? If bitcoin fails to climb above the $40,200 and $40,500 resistance levels, it could start a downside correction. An initial support on the downside is near the $39,200 level. The first major support is now near the $39,000 zone and the 100 hourly SMA. A clear downside break below the trend line and $39,000 might call for a move towards the $38,000 level. The next major support is near the $37,800 zone. Technical indicators: Hourly MACD – The MACD is slowly gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $39,200, followed by $39,000. Major Resistance Levels – $40,200, $40,500 and $42,000.
Source : News Btc
2 days ago

Why Another Wave Up For Altcoins Is Probable According To BTC Dominance

BTC dominance has always had an inverse effect on the price movements for altcoins. Historically, BTC dominance determines the direction the value of altcoins swings in. Bitcoin has so far maintained majority dominance on the market. But as more time passes, that dominance goes down as altcoins see more demand. BTC dominance simply shows how much demand there is for bitcoin compared to altcoins. The more BTC dominance rises, the lower the demand for altcoins. This means that for altcoins to rally up further, bitcoin demand has to go down. Related Reading | Ethereum Breaks 200,000 Validators Milestone, Over $14 Billion Now Staked In ETH 2.0 Over the years, this dominance has decreased as more and more investors put money in altcoins. One reason for this being a lot of investors feel they have missed the boat with bitcoin and thus are trying to get in early enough on altcoins. Others revolve around the new technological advancements being made by altcoin projects. Hence, investors are putting money into projects that they believe in. How Current BTC Dominance Affects Altcoins BTC dominance has continually declined over the past couple of months. Currently sitting at 48.97% dominance, bitcoin now has less than half of the entire market dominance. This trend shows that demand for altcoins is on the rise. So, BTC dominance will continue to see declining numbers. As the dominance declines, the value of altcoins will continue to go up. Market trends indicate that BTC dominance is poised to drop following the latest recovery. BTC dominance currently sits at less than 50% | Source: Market Cap BTC Dominance on TradingView.com When this happens, the demand for alts is expected to pick up very quickly. Leading to another upward wave for the altcoin market. Coins like the number 2 coin Ethereum are forecasted to gain even more dominance as the project gains more notoriety among the investment sector. With ETH 2.0 moving the network to proof of stake and using significantly less power to mine. The reduced environmental impact will mean that mining will become less of a problem. What This Means For Bitcoin Alts gaining more dominance does not negate the value of bitcoin. Currently, there are over 5,000 coins in the market all vying for market share. And some of these projects come with some very innovative ideas and tech. Thus, it is expected that as time passes, some of these projects will become popular. Therefore gaining more market share as more investors come into the market. Related Reading | Fast Money’s Brian Kelly Remains Bullish On Bitcoin, Here’s Why The declining BTS dominance just means that bitcoin is not the only digital asset investors are rushing to get into. Despite decreasing dominance, bitcoin still remains the number 1 coin in the market. Being the first cryptocurrency and the reason why cryptocurrencies are currently so popular. But as alts rally in what is usually known as “alts season,” bitcoin will continue to see declining dominance. This will translate to the price of altcoins rallying massively as interest in them grows. Featured image from CryptoPotato, chart from TradingView.com
Source : News Btc
2 days ago

Interview: Crypto Damus On Successfully Combining Bitcoin TA With Financial Astrology

Bitcoin is booming all over mainstream finance and throughout social media. Other cryptocurrencies are nearly as hot, and even meme stocks like GameStop, AMC, and others have brought retail into finance like never before. It also has uncovered some of the more unorthodox parts of finance, such as financial astrology. Financial Astrology has been around for as long as markets have been trading but has recently become popular through the likes of Twitter and TikTok influencers. But not everyone is hopping on the trend. We’ve had the opportunity to sit down and speak to a pro in astrology who spent more than two decades learning the craft. They’re a leader in the field of financial astrology and technical analysis market timing and are here to explain how the innovative combo can be applied to Bitcoin, Ethereum, and other cryptocurrencies. Interview With Financial Astrologer, Technical Analyst Crypto Damus NewsBTC: Can you start with a short introduction on how you first became interested in financial astrology and how that journey began? Crypto Damus: I had noticed many correlations between markets and astrology over the years and read an article in The Mountain Astrologer about the financial astrologer Ray Merriman. I subscribed to his reports for a few years and became inspired to create my own forecast report specifically for Bitcoin and Crypto. What came first, an interest in astrology or finance? And where do Bitcoin and crypto come into the fold for you? I had already been involved in astrology for many years before getting specifically into financial astrology. I got interested in Bitcoin in 2017 and was curious to see if I could bring astrology techniques to predict Bitcoin price movement and started a free report in late 2017. We had some success early on and went to a paid subscription in 2019. In 2019, we predicted the January market bottom in January and also the spring rally and June blow-off top-down to a ten-day period, months in advance, and also predicted the months-long summer/fall downtrend that followed. We also predicted the March 2020 sell-off, although not how severe it would be. Since then, we have successfully called many major market tops and bottoms. But we have made mistakes too, Astro TA is pretty new and I continue to learn, improve and refine my techniques. What about Bitcoin do you believe in? I believe Bitcoin is part of several larger trends. First, I believe Bitcoin is the first international world currency that transcends international borders and national currencies and central banks, this can help world commerce and bring people together and unify the world. Second, Bitcoin is part of the generational technological shift in global finance from a material value like paper money and Gold into a digital value. Third, Bitcoin and Crypto, in general, is clearly part of a larger generational shift in investing; clearly, Crypto is the new stock market for millennials and one of the best-performing assets in the world on a 5-7 timeframe. Bitcoin presents a generational investment opportunity. Obviously, this is a lot further sweeping of a question, but what are some key points that cause you to believe so strongly in financial astrology and astrology in general? This is a longer discussion but generally, I consider astrology to be a universal language that reveals the deeper nature of reality. The correlation of Astrology to world events and market movement is clear and compelling, the data we have is convincing, and we think astrology adds another component to trading and investing that combined with other types of analysis, can give an edge. For example, in Sept 2019, on Twitter and in my subscription reports, I predicted and warned my followers of a major global crisis in 2020 and recommended Gold specifically, which did very well in 2020. Unfortunately, we were correct and knowledge is power, knowing what’s coming can help you prepare. I can’t tell you how many people have told me they thought astrology was BS until they started following my analysis! When they see the astrology play out in market piece action, the correlations are undeniable. Macro Economic: Why are astrologers so worried about the Saturn/ Pluto conjunction of 2020 ? Because the Saturn/Pluto cycle has correlated with major political, economic and cultural crisis. breakdown of existing structure and change. Important Saturn/ Pluto years were…. — Crypto Damus (@AstroCryptoGuru) August 21, 2019 How did you arrive at the Crypto Damus name? LOL, well, it’s basically a play on the famous astrologer Nostradamus who was said to be able to accurately predict future world events. Nostradamus Why do you think there are some people so opposed to the idea that astrology can work? There are a variety of complex reasons but it’s basically a symptom of closed-mindedness to something you don’t understand. I mean honestly, there is no rational reason why astrology works, you have to have a bit more open-mindedness to a more mystical perspective that all things are somehow interconnected. Today, we live in such a scientific, materialist paradigm where science and logic are highly valued and this creates a lot of closed-minded attitudes to more mystical, intuitive arts like astrology. I mean, I love science, but it’s not the only tool in the box. Astrology is such a unique language that many don’t understand and haven’t taken the time to understand and there is no way to “prove” astrology works. So many people simply reject astrology without actually genuinely investigating it for themselves. It’s like listening to someone speak Chinese and thinking it’s a bunch of gibberish simply because you don’t personally understand it. Also, I think there is a misconception that Astrologers believe the planets “cause” events to happen. In general, we look at it more as a language and as a study of energy pattern recognition and analysis. I offer a range of astrology education to help change this! What are your thoughts on the rise of financial astrology influencers on Twitter and TikTok recently, ie: Maren? What impact are they having on the practice? Social media in general is an amplifier for both information and disinformation, but if it’s used skillfully, it can be a great way to introduce people to astrology. I mean, generally, I think it’s positive because it gets people, especially the younger generation, interested in astrology. Millennials are very interested in astrology and also in Crypto, so it’s a natural fit. Also, Crypto people seem to be inherently a bit more open-minded in general and I think they are more open-minded to astrology. Maren specifically is quite controversial for a variety of reasons, (valid or not), and people either seem to love her or hate her. Maren kind of stormed into the Crypto world and got a lot of attention for the same work I had been doing for years, which was a bit annoying. On the other hand, she brought a lot of interest to financial astrology and more interest in my work as well. Some people don’t like it because she does a lot of videos in lingerie or whatever, but I think it’s different and unique. I’m friendly with her and I was on her Podcast in January, but I don’t actually follow her work closely. Overall, if she is reaching a younger audience, bringing more genuine interest to astrology, and helping people to understand astrology better, I think it’s a good thing.  Trading Bitcoin And How Technical Analysis Works With Astrology How exactly do you leverage financial astrology within your own technical analysis? It’s quite complex, but basically, we see astrology as another level of information that adds an edge to technical analysis and risk management. In one way, you can say that astrological factors are simply another technical indicator that helps us understand the market price action and trend. Astrology can also help with timing and risk management. For example, if you know a certain period is more or less favorable for trading, you can add or reduce risk accordingly. It sometimes helps with when to close a trade or take profits on a long-term position. But like any technical signal, it can give false signals too, so it’s just one factor we look at. Has financial astrology ever predicted any correct market actions for you, and if so, can you provide some examples of that success? I think I already gave you two examples from 2019 and 2020, however, we use them every day to help with swing trading, as well as long-term investing. I just recently accurately predicted the recent late July Bitcoin rebound rally to the day, based on Moon Phase data combined with technicals, and told our subscribers to add to long-term positions and go long at 30,600. We also use it to help assess Altcoins and have recommended LINK for several years and recently recommended ADA and BNB. TA infused with astrology is the Crypto Damus way | Source: BTCUSD on TradingView.com Bigger picture data from 1977, 2000, and 2008 indicates Stock Market rallies tend to top out in the middle of Uranus-Saturn hard aspects, followed by multi-year downtrends. We have a Uranus-Saturn square in 2021-’22, so we think the bull market in stocks could continue well into 2022 but likely tops out somewhere before OCT 2022, probably because the FED will have to raise rates. Can you provide some examples of what, for example, Saturn conjunct with Mars might mean for Bitcoin? Mars and Saturn are considered unfavorable planets, so when they come into conjunction, it’s generally considered “bad luck” and brings problems, conflicts, epidemics, and market corrections. Of course, Mars and Saturn can, in some cases, also be favorable depending on the aspect alignments. How do you combine conventional technical indicators with financial astrology to develop a working system? That is an ever-evolving thing. Right now, in short-term trading, we study the planetary aspect picture, the moon phase data, and transits and progressions in the Bitcoin natal chart and come up with a rough forecast picture for Bitcoin. I also use my own natal chart quite a bit. One of the mysteries of financial astrology is that your own natal chart will often provide the most accurate information and clues for your personal trades. I work with other trades to identify favorable and unfavorable periods for trading. Then we study support and resistance levels, use traditional technical indicators like RSI, MACD, and Stochastics, with daily and weekly moving averages, and set some technical criteria for entries, stop losses, and profit targets. So the astrology gives us a bear or bull bias on monthly and weekly time frames, then we use price action and technicals to confirm or invalidate our bias and also to manage the actual trades. We give all this info in our Patreon group and Substack reports. Is there truth to things like Mercury in Retrograde, for example? Yes, Mercury rules travel, technology and communication, so when it goes retrograde 3x a year for three weeks each time, these areas of like become more prone to problems. Technology in general and cars and phones and laptops more specifically seem to have more problems, or problems that have been brewing have to be dealt with. Also, travel is more prone to delays and interpersonal communication can break down. It’s generally discouraged to sign any long-term binding contracts at that time.  Related Reading | Mercury in Retrograde: Why Bitcoin Traders Fear The Astrological Event But Mercury retro can also be good for certain things, like revising and editing, going through closets to de-clutter, returning to well-worn places, and visiting with an old friend you haven’t seen. It’s generally better for slowing down and re-thinking your approach rather than trying to push ahead too strongly or launch a big project. In this way, astrology helps us be more in sync with the natural energy patterns of life. In financial astrology, we often see whipsaw price action around Mercury retro and a change in the market trend, we can often see problems, hacks, and glitches at the major exchanges. How about the sun and moon cycles? How do these behaviors impact markets? Well, specifically in 2021, Bitcoin has made a remarkable correlation with Moon Phases. So far, we have seen Bitcoin price trend down from the New Moon into the Full Moon, making seven market bottoms just before or on the past seven Full Moons within 1-3 days. And then rally strongly from the Full Moon into the New Moon, making 5-7 tops on the New Moon period. It’s not exact, but it’s close enough to give you a general ballpark trend, and thus right now safer to trade long on the Full Moon and stay long into the New Moon and quickly flip short just before or on the New Moon. Now, this correlation could change, but for now, it’s been working. And how can everyday individuals use astrology to better other areas of their lives outside of the financial world? An astrology consultation from a professional astrologer can really provide profound insights into character and personality, career, relationships, and money. It’s a powerful path for self-knowledge. I give many consults to professional traders and investors looking for an edge. However, astrology can be useful in many different areas of life such as medical astrology, geolocation astrology, and relationship astrology, to name a few. Also following forecasts on general astrology can be very useful. As I mentioned, I and many other astrologers had predicted a major global crisis in 2020, and afterward that the Pandemic would continue well into 2021, so this type of information can be helpful to know in advance. Specifically, I predicted the Pandemic would improve May-July and worsen again in late July into late December, which sadly appears to have been accurate so far. 1/ I closed my $BTC long this morning at 40k for 3rd win in a row, opened a small short Why ? Mars in Virgo opposing #BTC Venus today100 DMA and psychological level of 40k are tough resistance looking at 37400 or 35800 as possible support levels Stop at 40600 if I am wrong pic.twitter.com/uagjUBRZGH — Crypto Damus (@AstroCryptoGuru) July 29, 2021 Financial astrology dates back ages and was highly popularized by W.D. Gann. Gann was equally considered a legend and a hoax due to the practices he claimed to rely on. What are your thoughts specifically on Gann? To be honest, Gann was doing his own thing, with math and geometry, and other techniques. He did use astrological techniques but he is not really considered a financial astrologer per se. I get this question a lot but I haven’t studied Gann and don’t use his techniques, so I cannot provide any specific insights on this question Are there any other worthy sources of financial astrology information? And how can the NewsBTC audience learn more about what you offer? As I mentioned, Ray Merriman from MMA cycles is one of the leading financial astrologers in the field and does coverage of Stocks and commodities. Grace Stahre and my teacher Christeen Skinner are some others. For me personally, I have been the leader in the field of financial astrology specializing in Bitcoin and Cryptocurrencies. My Patreon group with 2-3x week updates for active traders can be located at https://www.patreon.com/CryptoDamus1 and all my info on subscription services, consults, education, and tutorials is on my website at www.astrocryptoreport.com. I can be contacted at astrocryptoreport@gmail.com. You can also follow on Twitter at @AstroCryptoGuru. Follow @TonySpilotroBTC on Twitter or via the TonyTradesBTC Telegram. Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com
Source : Cointelegraph
Added today

The future of DeFi is spread across multiple blockchains

As the decentralized space is growing at lightning speed, projects need to adapt to the multichain future or risk becoming irrelevant.

Source : Cointelegraph
1 days ago

Traders forecast $3K Ethereum price but derivatives data suggests otherwise

ETH might have rallied 35% off its $1,750 low but derivatives data shows pro traders are not so bullish.

Source : Cointelegraph
1 days ago

5 easy ways crypto investors can make money without needing to trade

Want to get paid to HODL? Here are five easy ways crypto investors make money without trading.

Source : Cointelegraph
1 days ago

Price analysis 7/30: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Traders expect altcoins to move higher now that Bitcoin price finally pierced the $41,000 resistance.

Source : Cointelegraph
1 days ago

GoldenTree Asset Management is reportedly investing in Bitcoin

At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital.

Source : Cointelegraph
1 days ago

Binance completes Polygon wallet integration

The company indicated that transactions should now be cheaper than utilizing the traditional Polygon-Ethereum bridge.

Source : Cointelegraph
1 days ago

NFTs can be a good pathway to draw women into crypto, says Lavinia Osbourne

Though nonfungible token projects are one path to entry, women are still underrepresented in many crypto and blockchain firms.

Source : Cointelegraph
1 days ago

Avalanche launches upgraded bridge, prepping DApps for mainstream adoption

The new bridge is allegedly five times cheaper, faster, and more secure than before. The company says it is meant to act as a "growth engine" for future expansion.

Source : Cointelegraph
1 days ago

Cardano risks 60%-90% drop, warns trader with ADA painting a classic bearish pattern

Spotted by veteran analyst Peter Brandt, the classic technical pattern can result in ADA price losing almost 90%.

Source : Cointelegraph
1 days ago

Who takes gold in the crypto and blockchain Olympics?

Source : Cointelegraph
1 days ago

$25B investment firm adds 'riskier' Grayscale GBTC and ETHE for clients

Wealthfront users will now be able to have up to 10% of their portfolios composed of the Grayscale Bitcoin and Ethereum Trusts.

Source : Cointelegraph
1 days ago

Ukraine central bank now officially allowed to issue digital currency

Ukraine’s newly signed law On Payment Services requires close cooperation between the National Bank of Ukraine and private startups in the payment market.

Source : Cointelegraph
1 days ago

A trade war misstep? China is vacating crypto battlefield to US banks

Why is China forsaking cryptocurrencies at the same time that legacy U.S. banks, long wary of crypto, appear to be discovering its virtues?

Source : Cointelegraph
1 days ago

Bitcoin accumulation accelerates among ‘whales’ and ‘fish,’ while BTC rallies to $40K

“This is just on-chain sentiment, though. The big question is, how does that correlate to the price action in general?”

Source : Cointelegraph
1 days ago

Coinbase Ventures backs Ethereum-based streaming network

Livepeer’s $20-million Series B funding round saw participation from large VCs, including Coinbase Ventures, CoinFund, Northzone, 6th Man Ventures and Animal Ventures.

Source : Cointelegraph
1 days ago

New bill proposes US Treasury to have full authority over fiat stablecoins

The bill also calls for the U.S. Federal Reserve to be vested with the clear authority to issue a digital dollar.

Source : Cointelegraph
1 days ago

Binance banned in Malaysia, given 14 days notice to shut down operations

The crypto exchange has been served with a notice to stop offering its services in the country.

Source : Cointelegraph
1 days ago

Crypto-friendly app Robinhood loses 8% in public Nasdaq debut

Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut.

Source : Cointelegraph
1 days ago

Binance to shut down crypto derivatives trading in Europe

Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands.

Source : Cointelegraph
1 days ago

Bitcoin OTC desks buzz as analyst warns big players ‘want your Bitcoin’

There’s no shortage of demand for Bitcoin at current prices, but volatility to the downside is back on Friday.

Source : Cointelegraph
1 days ago

We have to be in the crypto space, Mastercard CEO says

Mastercard is angling to become the go-to for governments and private entities when testing and rolling out central bank digital currencies or stablecoins.

Source : Cointelegraph
1 days ago

Large VCs are sidelining smaller crypto investors, PwC crypto lead says

Inflated valuations for crypto businesses have raised the bar for small investors to participate in the ongoing innovation.

Source : Cointelegraph
1 days ago

State Street to launch crypto services for private funds clients

After leading Lukka’s Series C funding round in late 2020, State Street partners with the firm to offer new digital asset services.

Source : Cointelegraph
1 days ago

How yield farming on decentralized exchanges can become less risky

DeFi brings an opportunity to access the yields unseen in traditional finance, now with the competitive risk levels.

Source : Cointelegraph
1 days ago

Nifty news: Polyient marketplace, Ronaldinho drop and a 'staggering' $4800 NFT sale

Polyient is launching an NFT marketplace with DeFi features, Ronaldinho has entered the NFT market and Vitalik Buterin has digitally signed an NFT for very little money.

Source : Cointelegraph
1 days ago

Synthetix turns on layer-two alpha, launches Olympics betting on options platform

Users of the Synthetix-based Thales platform can now bet on the outcome of Olympic events.

Source : Cointelegraph
2 days ago

FinCEN's new digital currency advisor says crypto's 'just another means of payment'

FinCEN digital currency adviser Michele Korver believes cryptocurrency is a natural evolution in financial technology.

Source : Cointelegraph
2 days ago

PayPal set to launch crypto trading in the UK and may embrace DeFi

The global payments platform wants to let British customers trade crypto on its new “super app.”

Source : Cointelegraph
2 days ago

Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’

Characterizing his contemporaries as viewing the crypto sector as a “financial 9/11,” Congressman Ted Budd has warned lawmakers against driving blockchain innovation offshore.

Source : Cointelegraph
2 days ago

MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

As of June 30, 2021, MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset.

Source : Wallet Invester
1041 days ago

Bitcoin $6609.990 – CryptoCurrency Trading Report – 24.09.2018 09:08

Hot news: These changes have happened in the last hour.

In the last one hour Bitcoin is leading the record of among the most popular crypto-currency in the trading ecosystem, it has an decrease of -0.33% from its previous value from 6631.875 dollars now at 6609.990 dollars exchange rate. Next to Bitcoin is T..

The post Bitcoin $6609.990 – CryptoCurrency Trading Report – 24.09.2018 09:08 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1041 days ago

Bitcoin $6668.000 – CryptoCurrency Trading Report – 24.09.2018 08:08

Hot news: The summaries of the last one hour are the followings:

Bitcoin is leading the rank on the most popular crypto-currency, it has an upsurge of 0.12% in its exchange rate, which means 6668.000 dollars from the 6660.008 dollars earlier. Tether is in the second position as Bitcoin leads the first spot. ..

The post Bitcoin $6668.000 – CryptoCurrency Trading Report – 24.09.2018 08:08 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1041 days ago

Bitcoin $6640.360 – CryptoCurrency Trading Report – 24.09.2018 07:08

Hot news: Here we summon for you the changes of the market of CryptoCurrency from the last 60 minutes.

In the last hour, Bitcoin is leading the cryptocurrency rank. A fall in the exchange rate was seen from 6663.014 dollars to 6640.360 dollars a -0.34% change. Next to Bitcoin is Tether in the second position..

The post Bitcoin $6640.360 – CryptoCurrency Trading Report – 24.09.2018 07:08 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1041 days ago

Bitcoin $6674.850 – CryptoCurrency Trading Report – 24.09.2018 06:07

Hot news: Here you can read the new CryptoCurrency report of the last 60 Minutes.

Bitcoin is leading the rank in the last hour as the most popular crypto currency in the trade market, with a recorded fall on its value of about -0.12% in the last hour with a current standing rate of 6674.850 dollars from 6682..

The post Bitcoin $6674.850 – CryptoCurrency Trading Report – 24.09.2018 06:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1041 days ago

Bitcoin $6686.310 – CryptoCurrency Trading Report – 24.09.2018 05:07

Hot news: There were a lot of happenings in the last 60 minutes on the Crypto stock exchanges.

Bitcoin is listed as the most popular cryptocurrency in the market. In the last sixty minutes, it had an downswing of -0.19% on its trading price. This means from 6699.038 dollars now at 6686.310 dollars. Tether is..

The post Bitcoin $6686.310 – CryptoCurrency Trading Report – 24.09.2018 05:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1042 days ago

Bitcoin $6704.570 – CryptoCurrency Trading Report – 24.09.2018 04:07

Hot news: Now we show you the newest summary of 60 minutes.

Bitcoin is now leading the rank on the most popular digital currency in the trade market. It has an decrease of -0% in its exchange rate from 6704.570 dollars now at 6704.570 dollars. Bitcoin is seconded by Tether, in a 60 minutes time it has a drop..

The post Bitcoin $6704.570 – CryptoCurrency Trading Report – 24.09.2018 04:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1042 days ago

Bitcoin $6709.350 – CryptoCurrency Trading Report – 24.09.2018 03:07

Hot news: Here we summon for you the changes of the market of CryptoCurrency from the last 60 minutes.

Bitcoin was in the top position in the last hour, the exchange rate decreases from 6710.021 dollars to 6709.350. This is a -0.01% recorded change. Tether is at the second position next to Bitcoin, with a re..

The post Bitcoin $6709.350 – CryptoCurrency Trading Report – 24.09.2018 03:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1042 days ago

Bitcoin $6709.780 – CryptoCurrency Trading Report – 24.09.2018 02:07

Hot news: These changes have happened in the last hour.

Bitcoin was in the top position in the last hour, the exchange rate increases from 6689.711 dollars to 6709.780. This is a 0.3% recorded change. Bitcoin is followed by Tether, with a -0.07% tumble on its trade value in the last one hour, equivalent to 0..

The post Bitcoin $6709.780 – CryptoCurrency Trading Report – 24.09.2018 02:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1042 days ago

Bitcoin $6687.450 – CryptoCurrency Trading Report – 24.09.2018 01:07

Hot news: Here we summon for you the changes of the market of CryptoCurrency from the last 60 minutes.

The number one cryptocurrency leader is Bitcoin, this data was fetched in the last hour. It has an decrease on its trade value to -0.2%, now at 6687.450 dollars from 6700.852. Tether is at the second positi..

The post Bitcoin $6687.450 – CryptoCurrency Trading Report – 24.09.2018 01:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1042 days ago

Bitcoin $6692.560 – CryptoCurrency Trading Report – 24.09.2018 00:07

Hot news: These are the changes of the CryptoCurrency market in the last one hour.

Bitcoin is now leading the rank on the most popular digital currency in the trade market. It has an increase of 0.05% in its exchange rate from 6689.215 dollars now at 6692.560 dollars. Tether is next to the leading crypto Bit..

The post Bitcoin $6692.560 – CryptoCurrency Trading Report – 24.09.2018 00:07 appeared first on CryptoCurrency Blog.

Source : Finance Magnates
1 days ago

Coinbase and Bank of America Join Series D Funding Round of Paxos

The company has added several other strategic investors including FTX.
Source : Finance Magnates
1 days ago

Binance Faces Money-Laundering Probe in India; Malaysia Orders Closure

Dozens of financial regulators have either warned or taken action against Binance.
Source : Finance Magnates
1 days ago

The Bull, the Bear, and the Honey Badger: Miko Matsumura on Crypto in 2021

Miko Matsumura on crypto in 2021 and the 'third Keyensian animal spirit'.
Source : Finance Magnates
1 days ago

Global Cryptocurrency Users Reached 221 Million in June 2021

International crypto adoption has increased rapidly since the start of 2021.
Source : Finance Magnates
1 days ago

Binance Stops Offerings Derivatives in 3 European Countries

The exchange has plans to wind down derivatives services across Europe.
Source : Finance Magnates
2 days ago

Crypto Market Dominance of Bitcoin Reaches 48%

The world’s largest cryptocurrency is up by nearly 30% in the last seven days.
Source : Finance Magnates
2 days ago

German Court: No 3rd Party Confiscation for Crypto Exchanges

Dr Philipp Gehrmann and Dr Arne Klaas classify the legal background and effects of active German crypto exchanges.
Source : Finance Magnates
2 days ago

Crypto Exchange FTX Reports a Significant Jump in Volumes during H1 2021

The average daily volume touched the peak of $993 million during a 24-hour period on 22 April 2021.
Source : Finance Magnates
3 days ago

Bitcoin Whales Transfer over $1 Billion Worth of BTC from Coinbase

More than 30,000 BTC was moved from Coinbase in the last 24 hours.
Source : Finance Magnates
3 days ago

Cryptocurrency Firm Genesis Digital Assets Raises $125 Million

The company is planning to expand its Bitcoin mining operations through the latest funds.
Source : Finance Magnates
3 days ago

XRP Jumps 17% after Ripple’s ODL Announcement

The total market cap of XRP crossed $35 billion on Wednesday.
Source : Finance Magnates
3 days ago

Vanuatu Ready to Trade Digital Assets

The Pacific island nation officially enters the global market for digital assets.
Source : Finance Magnates
4 days ago

Grayscale Now Has $33 Billion Worth of Cryptocurrency AUM

The digital asset management firm saw a jump in the total value of its crypto assets on Monday.
Source : Finance Magnates
4 days ago

Blockchain Technology Developer Kirobo Releases the P2P Swap Button

The newly launched service enables slippage-proof safe token swaps.
Source : Finance Magnates
4 days ago

Bitcoin Owner Moves 9,500 BTC to an Unknown Wallet

The total value of the transaction stands at around $350 million.
Source : Finance Magnates
4 days ago

Amazon Denies Report of Upcoming Bitcoin Payment Mode

The rumors have pulled Bitcoin out of a dominant bearish market.
Source : Finance Magnates
5 days ago

Crypto Investment Products Saw $28 Million Worth of Outflows Last Week

Nearly $24 million worth of investment left BTC products in the last seven days.
Source : Finance Magnates
5 days ago

Crypto Ban Is Finally Lifted in Vanuatu after Lobbying Efforts of Lawyers

It's all change in Vanuatu, one of the most popular offshore licensing jurisdictions
Source : Finance Magnates
5 days ago

Binance to Stop Offering Margin Trading with GBP, EUR and AUD

The exchange reduced futures leverage limits from 125x to 20x.
Source : Finance Magnates
5 days ago

ETH Holdings of Top 10 Ethereum Addresses Reach a New High

The world’s top 10 non-exchange Ethereum whales are holding 21.3 million coins.
Source : Bitcoin Magazine
1 days ago

Why The $35 Trillion In United States Retirement Accounts Should Be Spent On Bitcoin

American retirement savings represent a new beachhead for bitcoin — we just need to make sure people hold their own keys.
Source : Bitcoin Magazine
1 days ago

Hardware Bitcoin Security And Blockstream’s Jade Wallet

Two hands-on hardware wallet developers discuss bitcoin custody and its technicalities
Source : Bitcoin Magazine
1 days ago

$41 Billion Hedge Fund GoldenTree Has Added Bitcoin to Its Balance Sheet

GoldenTree, with $41 billion in assets under management, is one among a growing number of traditional hedge funds purchasing bitcoin.
Source : Bitcoin Magazine
1 days ago

Elizabeth Warren Is Trying To Limit Financial Inclusion

Despite groundbreaking work occurring within Bitcoin, our “progressive” leaders continue to make backwards progress.
Source : Bitcoin Magazine
1 days ago

Congressman Warren Davidson On How The Last-Minute Bitcoin Tax Bill Is Bad For America

Congressman Warren Davidson explained how the cryptocurrency tax addition to the Senate infrastructure bill is bad for the U.S.
Source : Bitcoin Magazine
1 days ago

What Caused This Mid-Cycle Bitcoin Price Correction

Factors ranging from regulation in China to the Taproot protocol upgrade were driving bitcoin price charts to a decisive point for weeks.
Source : Bitcoin Magazine
1 days ago

The Semantics Of The Bitcoin Layers

While we casually talk about Bitcoin having multiple layers, the word itself has historical meaning.
Source : Bitcoin Magazine
1 days ago

Robo-Advisor Wealthfront Adds Bitcoin Exposure Offering

Robo-advisor giant Wealthfront will now let its 400,000 clients invest up to 10% of their portfolios in bitcoin through GBTC.
Source : Bitcoin Magazine
1 days ago

The University Of Pennsylvania Continues to Hold Donated Bitcoin

The University of Pennsylvania confirmed today it still holds part of a $5 million donation it received earlier this year in Bitcoin.
Source : Bitcoin Magazine
1 days ago

One Of Germany’s Largest Asset Managers 'Considering' Bitcoin Investment

Dekabank is reportedly considering investing in Bitcoin after a new law takes effect Monday, though it says "no decision has been made yet."
Source : Bitcoin Magazine
1 days ago

Large Pockets Are Aggressively Accumulating Bitcoin

On-chain data shows that large-pocketed investors have begun to aggressively accumulate bitcoin.
Source : Bitcoin Magazine
1 days ago

Bitcoin Miners Consider Relocating to Paraguay In Wake of China Ban

As many as eight China-based Bitcoin mining firms are said to be looking to relocate operations to Paraguay, home to abundant hydroelectric energy.
Source : Bitcoin Magazine
2 days ago

MicroStrategy Pledges to Add More Bitcoin to Corporate Balance Sheet

CEO Michael Saylor struck a defiant tone during a Q2 investor call, pledging to add more Bitcoin to its balance sheet while continuing to advocate for the cryptocurrency.
Source : Bitcoin Magazine
2 days ago

Why Bitcoin Will Take Over The World With Eric Yakes

In this episode of the “Bitcoin Magazine Podcast,” Eric Yakes describes how bitcoin is taking over the financial world.
Source : Bitcoin Magazine
2 days ago

The Infrastructure Bill Shows Why Bitcoiners Need To Be Politically Active

This is simply the latest development that shows the lack of understanding amongst policy makers.
Source : Bitcoin Magazine
2 days ago

Six Reasons To Withdraw Your Bitcoin From Exchanges

Here’s why you need to hold the keys to your own bitcoin and never store large amounts on exchanges.
Source : Bitcoin Magazine
2 days ago

An Open Letter To My Children: Energy And Bitcoin

A heartfelt message from a father to his children in regards to the life-energy saving properties of Bitcoin.
Source : Bitcoin Magazine
2 days ago

Israeli Draft Bill Aims To Force Investors To Report Bitcoin Holdings Above $61K

An Israeli draft bill seeks to demand that investors report bitcoin holdings above $61,000 to tax authorities, bitcoin advocates oppose.
Source : Bitcoin Magazine
2 days ago

Greenidge Generation To Repurpose Old Coal Ash Landfill Into A New Solar Farm

Bitcoin miner Greenidge announced today its plans to expedite the closure of an old coal ash landfill and turn it into a solar farm.
Source : Bitcoin Magazine
2 days ago

Compass Mining To Offer U.S. Clients Tax-Efficient Bitcoin Mining

U.S. Clients of Compass mining can now mine bitcoin directly into a Choice Individual Retirement Account without triggering a taxable event.
Source : Bitcoin Magazine
2 days ago

Survey: 85% Of Bitcoiners Care About An Exchange Funding Bitcoin Development

According to a survey conducted by Okcoin, a large majority of Bitcoiners care about helping fund Bitcoin development.
Source : Bitcoin Magazine
2 days ago

The Growing Financialization Of Bitcoin

With bitcoin further integrating itself into Wall Street, large-scale speculative attacks will become far more prevalent.
Source : Bitcoin Magazine
2 days ago

PayPal to Expand Bitcoin Buying to UK, Says Wallet Withdrawals in Progress

PayPal's launch of Bitcoin buy and sell services in the U.K. could allow hundreds of thousands of customers to get exposure to its price movements.
Source : Bitcoin Magazine
3 days ago

LUXXFOLIO Begins Active Bitcoin Mining Operation

Vertically integrated bitcoin miner LUXXFOLIO has announced 80% of the company's first batch of rigs are up and mining.
Source : Bitcoin Magazine
3 days ago

The Truth Behind Bitcoin’s Opposition

Bitcoin represents a threat to the United States dollar and its global hegemony backed by endless war.
Source : Bitcoin Magazine
3 days ago

Financial Protestants: How The Bitcoin Revolution Resembles The Reformation

Various similarities exist between The Protestant Reformation and the revolution being built around Bitcoin.
Source : Bitcoin Magazine
3 days ago

Seetee Invests In Bitcoin Lightning Company Breez

Norwegian investment company focused on Bitcoin, Seetee, has become the newest investor in the Bitcoin and Lightning company Breez.
Source : Bitcoin Magazine
3 days ago

Your Financial Data Is Not Private, Bitcoin Can Fix That

By practicing these tips, HODLers can ensure privacy in a financial data hungry world.
Source : Bitcoin Magazine
3 days ago

Genesis Digital Assets Raises $125 Million To Expand Bitcoin Mining Operations

Genesis announced a $125 million round of equity funding to further expand the bitcoin miner's industrial-scale operations.
Source : Bitcoin Magazine
3 days ago

First U.S. Bitcoin Mutual Fund Launched By $60 Billion Fund Manager

The first publicly available U.S. mutual fund that generally tracks the price of Bitcoin has been launched by a $60 billion fund manager.
Source : Bitcoin Magazine
3 days ago

Bitcoin Optech #159: Stack Exchange And Taproot

This week’s newsletter features regular sections like Bitcoin Stack Exchange Q&A and the latest column about preparing for Taproot.
Source : Bitcoin Magazine
3 days ago

Escrow Company Issues First-Ever Bitcoin-Backed Real Estate Loan

Glen Oaks began accepting Bitcoin in 2018 and sees the loan as proof the cryptocurrency’s value proposition is becoming clearer to debtors and creditors.
Source : Bitcoin Magazine
3 days ago

Luxor Technologies Announces New Crypto Mining Stock Index

Luxor Technologies, Bitcoin mining pool and data analytics firm, now features a mining stock index on their Hashrate Index data platform.
Source : Bitcoin Magazine
3 days ago

Lolli Closes $10M Series A Funding Round Led By Logan Paul, Chantel Jeffries and Sway House Creators

Bitcoin rewards company Lolli closed a $10 million Series A round led by eye-catching social media influencers and celebrities.
Source : Bitcoin Magazine
3 days ago

Gauging Institutional Interest Around Bitcoin

Bitcoin's scarcity, both perceived and realized, sells.
Source : Bitcoin Magazine
3 days ago

$7 Billion Investment Firm Horizon Kinetics Grows Bitcoin Exposure

Horizon's Paradigm fund now maintains a 5.8% allocation to GBTC, making Bitcoin exposure effectively its second largest holding.
Source : Bitcoin Magazine
4 days ago

What Will A Bitcoin ETF Mean For Adoption?

Matt Hougan of Bitwise discussed when a bitcoin exchange-traded fund (ETF) will be approved in the U.S. and what it will mean for investors.
Source : Bitcoin Magazine
4 days ago

Utah Oil Producer Is Using Otherwise Wasted Gas To Mine Bitcoin

Wesco has stopped flaring excess natural gas and is now using it to mine bitcoin, reducing carbon emissions and increasing profits.
Source : Bitcoin Magazine
4 days ago

Taleb Vs. Taleb: A Question Of Time, Lindy And Portfolios

The famous economist often acts contradictory and has denounced Bitcoin despite examples of previous understanding.
Source : Bitcoin Magazine
4 days ago

Why Aren’t More Bitcoin Miners Setting Up Shop In Canada?

As more bitcoin miners migrate from China, they are hesitant to set up shop in Canada, despite abundant energy and a cool climate. But why?
Source : Bitcoin Magazine
4 days ago

Bitcoin Miner Stronghold Files For Nasdaq IPO

Stronghold, a bitcoin mining company powered by waste coal, has filed an S-1 form with the SEC for a $100 million IPO on the Nasdaq.
Source : Bitcoin Magazine
4 days ago

Crusoe Energy Seeking Loan To Expand Bitcoin Mining Operations

Crusoe, a data center company dedicated to mitigating gas flaring, is reportedly seeking a loan to expand its bitcoin mining operations.
Source : Bitcoin Magazine
4 days ago

Solteir Mining To Power Operations With Solar Energy In Partnership With OPTEC

Bitcoin mining company Solteir announced a partnership with OPTEC to have its mining operations in Pennsylvania run on clean solar energy.
Source : Bitcoin Magazine
4 days ago

Bitcoin Price Surges On Massive Short Squeeze

The bitcoin price surged to $40,000 on Sunday, but what was the reason for the move and why was it so explosive?
Source : Bitcoin Magazine
4 days ago

Despite Volatile Quarter For BTC Price, Invictus’ Bitcoin Emphasis Garners Investor Returns

Promoted: Invictus Capital, which offers indirect bitcoin exposure to investors, saw impressive returns in Q2 2021.
Source : Bitcoin Magazine
5 days ago

Bitcoin Transforms Evil Into A Greater Good

The duality of evil and good are reconciled in a technology designed to acknowledge inherent human characteristics.
Source : Bitcoin Magazine
5 days ago

Bitcoin IRAs Are Rising In Popularity In The U.S.

Bitcoin-funded IRAs are surging in popularity in the U.S. as Americans seek a wealthier retirement.
Source : Bitcoin Magazine
5 days ago

Bitcoin Brings A Foundation Of Truth To Money

Mitch Klee discussed what it means for Bitcoin to introduce trustworthy, foundational money to the world.
Source : Bitcoin Magazine
5 days ago

Bank Of England 'Britcoin' Will Fuel Rising Bitcoin Prices, Says deVere CEO

Nigel Green has reportedly commented on the UK's new CBDC initiative, remarking how it might backfire and help propel Bitcoin adoption.
Source : Bitcoin Magazine
5 days ago

Why Bitcoin Will Usurp Fiat As The World’s Medium Of Exchange

The competition will become clearly one-sided as the black hole of value that is bitcoin absorbs everything around it.

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