Dan Held, the director of growth marketing at crypto exchange Kraken, says that Bitcoin (BTC) could surge by over 500% if the top cryptocurrency follows the cycle of its 2013 bull run. In a new interview on Altcoin Daily, Held compares the current state of the crypto market to what happened in 2013. ADVERTISEMENT …
Monthly archives: August 2021
Four Crypto Assets Are ‘Nibbling Away’ at Market Share of Ethereum, Says Crypto Trader Lark Davis
Crypto trader Lark Davis is naming four assets that he says are “nibbling away” at the market cap of leading smart contract platform Ethereum. In a new video, Davis tells his 419,000 YouTube followers that Binance Smart Chain (BSC) is one of Ethereum’s top competitors, as it enjoys the backing of global crypto exchange Binance. …
Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats
Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains. Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator for BTC/USD has flipped from red to green. Time for another 5.5X BTC price surge? There is no shortage of …
Visa invests $150,000 in NFT CryptoPunk Asset
Credit card giant Visa has made a substantial splash on its emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks that pioneered the mainstream culture of the space back in 2017. In a blog post announcement released on Monday, Cuy Sheffield, head of crypto at Visa and …
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This time it’s different: When DeFi meets NFTs
With decentralized finance and nonfungible tokens seeing a meteoric rise, it’s easy to believe crypto apps are finally breaking through. But is there actually real user growth, or is it just the same influencers moving from one hyped market to the next? We sought to answer this puzzle and identify what it means for the …
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Upbit reportedly first crypto exchange to file with Korean regulators
Major South Korean cryptocurrency company Upbit has reportedly submitted a business report with the Korean Financial Intelligence Unit (FIU). Upbit reported its digital asset business to the FIU, which operates under South Korea’s top financial regulator, the Financial Services Commission (FSC). Upbit’s operator, Dunamu, announced the news on Friday, The Korea Economic Daily reported. Upbit …
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Bitcoin (BTC) Price Prediction: BTC/USD Breaches $50k as Bitcoin Gathers Momentum
Bitcoin Reclaims $50k High as Bitcoin Gathers Momentum – August 23, 2021 Today, Bitcoin bulls have broken above the $50,000 psychologicalBTC/USD – Daily Chart Buy Bitcoin Now After two unsuccessful attempts at the $50,000 price level, the overhead resistance is broken as Bitcoin gathers momentum. Buyers have to sustain the bullish momentum above the $50,000 …
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MIOTA Price at $1.16 after 6.3% Gains – How to Buy IOTA
The majority of the cryptocurrency market is trading in the green zone, and many coins have made significant gains. Among the coin’s showing strong bullish signals is MIOTA. Since the market rebounded in late July, MIOTA has made incredible gains and has recovered from some of the losses made during the May market crash. MIOTA …
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Cardano Price Jumps 8.6% to $2.84 – Where to Buy ADA
Cardano has been one of the best gainers in the cryptocurrency market. Cardano has managed to gain almost 100% in the past two weeks, making it the best performing altcoin. The altcoin is ranking third with a market capitalization of over $90 billion. Besides, it is still making new all-time highs as it continues accumulating …
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DASH Price Gains 16.9% to $277.77 – Where to Buy DASH
Privacy coins such as DASH came under the spotlight due to their association with cybercriminals who prefer them for ransom payments from companies and individuals. These coins are private because the transactions on their blockchain cannot be traced by outsiders; hence law enforcement agencies cannot trace the identities of those who receive payments in these …
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Monero Price Gains 11.9% to $322.75 – Where to Buy XMR
The crypto market bulls have strengthened in the past few days. Since the May market crash, bitcoin has managed to reach $50K, which has a positive effect on the rest of the market. Altcoins have mimicked the uptrend created by bitcoin, and they are reaching new levels. Monero is among the coins trading in the …
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Draft Regulations For Bitcoin Services Released By El Salvador’s Central Bank
The Banco Central de Reserva or better known as the BCR is the central bank of the small Latin American country named El Salvador. Recently the bank has published draft regulations for financial institutions and banks that are aiming to offer services related to Bitcoins. Back on Tuesday, on August 12, 2021, the BCR had …
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TOP CRYPTOCURRENCIES TO BUY AND HOLD
A new asset class, not just a new digital currency, had emerged when the Bitcoin protocol was created in 2009 as a response to the economic catastrophes caused by the financial crisis. Today there are thousands of cryptocurrencies with different specialties and levels of utility, adoption, and potential. Investing in cryptocurrencies in such a large …
Bitcoin Surpasses $50,000 Mark For The First Time In A 100 Days
After a period of more than three months, the largest and biggest cryptocurrency in the world has reached the much-anticipated mark of $50,000. After having gone through what many experts have believed to be a crash during the springtime and another slump during the summer, Bitcoin has re-emerged on the radar claiming the $50,000 mark …
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Crypto Adoptions Around The World Jumps Over 2300% Since 2019, Says Chainalysis
Chainalysis, which is based in the United States and is one of the most prominent platforms in the world specializing in blockchain data analytics, revealed a startling analysis on Wednesday. According to their reports, they have found that the global rate of adoption of cryptocurrencies has skyrocketed in recent times. Reports are suggesting that more …
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