An overnight bounce across the cryptocurrency assets this Wednesday saw Solana (SOL) outpacing its top rivals, including Bitcoin (BTC) and Ether (ETH). The SOL/USD exchange rate surged 55.10% to $31.58 on Wednesday after bottoming out at $20.14 in the previous session. Its move uphill came in the wake of an overall crypto market retracement that, …
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The United States Securities and Exchange Commission has postponed its decision on whether to approve a Bitcoin (BTC) exchange-traded fund. The SEC has delayed its decision on a Bitcoin ETF filing by Texas-based family investment fund Valkyrie Digital Assets after receiving comments on the proposed rule change regarding the new fund. According to an official …
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China, once home to about 65% of the total Bitcoin (BTC) mining hash power, has given the boot to several miners in the country. The country’s Bitcoin mining ban means miners have been forced to shut down their operations with some establishments already moving hardware overseas. Tweeting on Wednesday, Kevin Zhang, vice president of crypto …
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Bitcoin (BTC) Regains Bullish Momentum as Bitcoin Recovers from $29,247 – June 23, 2021 BTC/USD – Daily Chart Buy Bitcoin Now Following the recovery above the critical support at $31,000, buyers are focusing to retest the $40,000 high. Yesterday, the bulls successfully defended the $31,000 support as the crypto regained bullish momentum. The question is: …
Bitcoin is trading at the lower boundary of the stock-to-flow model by PlanB Bitcoin has traded at this lower boundary before as was the case in March 2020 According to PlanB, his model could be invalidated if Bitcoin remains in the $30k range for a couple more months Time will tell whether the current Bitcoin …
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Dogecoin price has corrected by roughly 71% since its peak value due to Elon Musk’s SNL appearance Dogecoin’s 200-day moving average remains as its last line of defense at the $0.15 price area Dogecoin could be gearing up for a short-term reversal hinged on whether Bitcoin retains the $30k level as support The popular meme-coin …
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Bitcoin dipped to over $28,000 yesterday, sending other altcoins in a downward spiral and chalking up one of the biggest crypto ‘liquidation’ days in a few weeks. Several large-cap cryptos like Solana, XRP, and Polkadot saw double-digit percentage declines. Their corresponding futures products did, too, see falling prices, causing a long line of liquidations in …
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Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more.Start Earning Interest Bitcoin › El Salvador › Mining The country has proposed geothermal energy generated via volcanoes to power mining farms. Here’s what it could look like. Shaurya Malwa · June 23, 2021 at 8:00 am UTC · 1 min read …
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The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day drop to nothing. This week he insists bitcoin’s chart shows a head and shoulders top pattern with a “neckline around $30K the pattern measures a …
A South African bank, Absa, has reportedly blocked use of its credit cards for users buying cryptocurrencies on international exchanges, according to one media report. The claims come after clients of the financial institution reported receiving a text message informing them of the suspension of online payments made to leading crypto exchange, Binance. Binance’s Alleged …
Amber Group, a Hong Kong-based cryptocurrency trading company, has attained “unicorn” status. The company managed to raise $100 million in its Series B funding round. With the new influx, the company is now valued at one billion dollars, making it a unicorn. Amber Group’s strategy is said to make them market neutral, allowing customers to …
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sponsored The STC Terminal will be launched by the end of July 2021 and will be a major milestone in the wide-scale tokenization of the economy. It will make issuing a token accessible to everyone, including individuals, organizations, corporations, startups and decentralized finance (DeFi) projects. What Is the Student Coin Terminal? Student Coin is a …
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Crypto trader Michaël van de Poppe outlines key areas to hold for Bitcoin, Ethereum and Cardano amid volatile price action across the crypto markets in the last 24 hours. In a new video, Van de Poppe tells his 106,000 subscribers that Bitcoin (BTC) must stay above a key level to avoid losing 20% more of …
After six months of eyeing JPMorgan Chase’s custom blockchain service for repo markets, Goldman Sachs has started trading on the platform. Mathew McDermott, global head of digital assets for Goldman Sachs’ global markets division, confirmed the first transaction dated June 17 in an interview, Bloomberg reported. In the trade, Goldman Sachs swapped a tokenized version …
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A New York judge has issued a temporary restraining order to block an alleged attempt from Roc-A-Fella Records Inc (RAF) co-founder Damon Dash to sell a tokenized version of Jay-Z’s first album “Reasonable Doubt” along with its copyright. Dash however has claimed he was only trying to sell his stake in RAF. Rapper Jay-Z co-founded …
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