Crypto analyst Nicholas Merten says that altcoins could be in for a leg upward as Bitcoin continues to trade above $60,000. In a new analysis video, Merten says that many traders were expecting BTC to steal the show the moment it broke all-time highs following the launch of the ProShares exchange-traded fund (ETF). ADVERTISEMENT …
Monthly archives: October 2021
$40,000,000,000 Public Pension Fund To Invest In Bitcoin-Related Products: Report
One of South Korea’s largest pension funds, the Korea Teachers Credit Fund (KTCU), is planning to invest in various Bitcoin (BTC) exchange-traded funds (ETFs). The public pension fund was set up to provide retirement benefits for the country’s education personnel. ADVERTISEMENT According to a report from the Korea Economic Daily, the KTCU says that …
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Dogecoin Looks Ready To Rip As Bitcoin Finds Critical Support, According to Crypto Analyst Justin Bennett
Crypto analyst Justin Bennett says that Dogecoin (DOGE) could be ready to make a run for its next critical level about 37% above current prices. The popular analyst tells his 88,000 Twitter followers that DOGE is attempting to break out of a long descending resistance line that it has been up against since May. ADVERTISEMENT …
Payments Giant Mastercard To Allow All Merchants and Banks To Integrate Crypto Into Their Services
Mastercard is massively expanding crypto access for businesses as well as consumers. In a new partnership with digital asset firm Bakkt, the payments giant is launching a range of options that will allow merchants and shoppers to utilize crypto in a number of different ways. ADVERTISEMENT According to today’s announcement, “Mastercard customers can now …
Binance CEO expects ‘very high volatility’ in crypto. Here’s how to trade it
Volatility is a complex statistical measure commonly used by traders and investors. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. However, as shown in a recent comment by Binance exchange founder, Changpeng Zhao, most of the time people are clueless about what volatility means. …
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BlockFi partners with Neuberger Berman to launch crypto ETFs
Crypto lending firm BlockFi has formed a business with New York-based investment management company Neuberger Berman for the development and distribution of crypto products including exchange-traded funds. In an Oct. 25 announcement, BlockFi said the joint venture, BlockFi Nb, expects to “launch crypto asset management products, including ETFs and other traditional structures,” giving investors exposure …
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Terra founder Do Kwon files lawsuit against the US SEC
Do Kwon and Terraform Labs (TFL), the South Korean company behind the blockchain project Terra (LUNA), are suing the US Securities and Exchange Commission (SEC), last week’s filing shows. The lawsuit comes in response to subpoenas served to the co-founder and CEO of Terraform Labs on September 20, 2021, while in New York City attending …
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Shiba Inu (SHIB) trading volume surpassed that of Ethereum (ETH) on Sunday
Leveraging on the current green run of the wider crypto market, popular meme coin, Shiba Inu, has posted some interesting figures during its rise to a new ATH. Shiba traded more than Ethereum According to data on CoinMarketCap, the daily trading volume of Shiba Inu was able to surpass that of its more illustrious counterpart, …
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Just 17% of all Ethereum addresses bought 80% of all NFTs this year
A report by Moonstream has revealed that 17 percent of addresses control over 80% of all Ethereum-based NFTs. 17% Eth addresses own 80% of NFTs The research analyzed over 7 million NFTs transactions on the second-largest blockchain, spanning between April 1 and September 25, 2021, and discovered that only a handful of these addresses, 17% …
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Player’s Wins a $120,000 Jackpot on Slot Game, Wish Granted by King Elvis
Player wins a mighty big jackpot in the flashy new sequel Aloha King Elvis! on our crypto casino! A massive 1000x on the exciting Hawaiian-themed slot game The charismatic Elvis Frog has been taking a trip to Hawaii lately in BGaming’s popular new slot game on Bitcoin.com’s very own crypto casino. The titular character King …
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Metawars Concludes Raise With Reputable Supporters and Partners
press release PRESS RELEASE. MetaWars, an innovative, multiplayer strategy blockchain-based game, has successfully raised $2.3 million USD from its supporting investors. MetaWars has collaborated with various investors and partners to incorporate blockchain into the emerging gaming industry and revolutionize NFTs. The game has recently announced their exclusive NFT auction starting from October 21st. The auction …
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Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week
After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets have …
While Musk Mentions Doge Improvements, Dogecoin Developers Continue to Address Scaling Concerns
On Sunday, Elon Musk discussed his relationship with the Dogecoin Foundation and he mentioned a few improvements he’d like to see implemented via Dogecoin Core’s codebase. Meanwhile, Github metrics show developers have been working on Dogecoin Core during the last few months and it seems Dogecoin software engineers are prepping the network to address fees, …
Price analysis 10/25: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI
Bitcoin (BTC) has recovered from the dip below $60,000, indicating strong buying at lower levels. CryptoQuant CEO Ki Young Ju said that investors used market orders to buy $840 million worth of Bitcoin futures on dips to $60,000. This suggests that analysts are positive for the rest of the year and anticipate the bull run …
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The Sioux Energy Center has mined 20 Bitcoin in secret since April
Electric services provider Ameren Corporation announced Monday that it has successfully mined upward of 20 Bitcoin (BTC) using excess energy generated by one of its coal-based power plants — the Sioux Energy Center in West Alton, Missouri. While the company set up the data center used to mine the coins back in April, it did …
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