As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite a recent warning by the International Monetary Fund (IMF), bringing the total number of bitcoins purchased to 1,220. El Salvador Buys the Dip: 1,220 Bitcoins …
Monthly archives: November 2021
‘We’ve All Decided Centralized Banking Is Rigged’ — South Park Episode Features a Bitcoin-Only Future
South Park’s recent episode called the “Post COVID” special mocks a future where the only currency accepted is bitcoin and other cryptocurrencies. The hour-long animated sitcom picks up years into the future where the main characters are now all grown up, except Kenny McCormick who is dead. Stan Pays for a 1 Night Stay at …
Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days
30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds the largest TVL. Cross-Chain …
El Salvador ‘Buys the Dip’ Again and Purchases More Bitcoin Amid Price Pullback
El Salvador is buying the dip again as the price of Bitcoin (BTC) suffers through a pullback. The country’s president, Nayib Bukele, tells his 3.1 million Twitter followers that El Salvador is purchasing 100 BTC “at a discount.” El Salvador just bought the dip. 100 extra coins acquired with a discount 🥳#Bitcoin 🇸🇻 — Nayib Bukele …
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Bitcoin Traders Should Pay Close Attention to This Price Level Amid Crypto Market Pullback, Says On-Chain Analyst Will Clemente
Popular on-chain analyst Will Clemente says he’s identified the new support level for Bitcoin (BTC) after the crypto market’s latest Covid-induced price drop. Clemente tells his 430,000 Twitter followers that $53,000 is the price level to keep an eye on, and it wouldn’t surprise him to see the largest crypto asset by market cap tested …
NFT land sells for 550 ETH, eToro to delist ADA and 1M ETH burned since August: Hodler’s Digest, Nov. 21-27
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Axie Infinity virtual land slot sells out for 550 ETH …
Bitcoin Price Prediction: BTC/USD Moves Close to $55,000 Resistance
Bitcoin Price Prediction – November 27 The Bitcoin price is moving against the USD as the first digital crypto touches the daily high of $55,316. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $60,000, $62,000, $64,000 Support Levels: $48,000, $46,000, $44,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is resuming its upward …
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Bitcoin Price Prediction: BTC/USD Signals Fresh Increase Above $55,000
Bitcoin Price Prediction – November 27 The Bitcoin price retested the $53,642 support level as it is now rising, but it must clear $57,000 and the moving averages for a steady increase. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $63,000, $65,000, $67,000 Support Levels: $46,000, $44,000, $42,000 BTCUSD – Daily Chart Buy …
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This Altcoin Project Could Scale to the Magnitude of Ethereum, Says Crypto Billionaire Sam Bankman-Fried
Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, thinks one altcoin project could potentially surpass Ethereum (ETH) and become a dominant force in the crypto space across the world. Bankman-Fried says in a new interview with Kitco News that he examines what it would take to have 1 billion people use cryptocurrency and blockchain infrastructure. …
Crypto Trader Tyler Swope Is Bullish on Several Altcoin Projects As End of 2021 Approaches
Crypto investor Tyler Swope is unveiling his top altcoins as volatility rattles the overall crypto markets. In a new video, Swope tells his 298,000 YouTube subscribers that his number one altcoin is decentralized reserve currency OlympusDAO (OHM). “In a short amount of time, it’s become one of the most diversified, non-protocol token treasuries in crypto… …
Online content streaming is dead. Long live the music NFTs
The music industry has undergone a massive transformation in recent years. We have seen the advent of the internet leave its mark on music, and most notably, 1999 spelled the coming of Napster. This then-revolutionary peer-to-peer online streaming service defined a whole generation and enabled musicians to share their creations with the world. Streaming has …
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The Holy Grail for crypto traders: Consistent average returns over 5%
If you look at crypto assets’ price movements as a series of isolated events, the picture is messy. Sure, some traders can occasionally win big off one-time events or thanks to sensing a meme-inspired trend. In the long run, however, most of these “fortuitous” traders tend to lose. Why? Because they have to pick big-time …
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What is the Definition of Decentralized Finance? The Hazards and Benefits of DeFi
Many promises have been made by ardent supporters of cryptocurrencies and the blockchains that they run on that crypto represents emancipation. To the crypto community, these technologies provide a means of escaping corporate control of the internet, government intrusions into personal liberty, poverty, and practically everything else that ails society. However, the reality has mostly …
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Litecoin Price Prediction: LTC/USD Price Downturns into the Previous Ranges
Litecoin Price Downturns into the Previous Ranges – November 27It presently recorded that the LTC/USD price downturns into the previous ranges. As of writing, the crypto-economic market is trading around $196, maintaining a smaller percentage rate of about 0.51 positive. That could mean that the market tends to build support around the upper range-line at …
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El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up
Nayib Bukele, the President of El Salvador, announced that the country will be building a carbon-neutral Bitcoin City. The city will have no property, income, or capital gains taxes, and the massive endeavor will be partly financed by a $1 billion Bitcoin bond issued by Blockstream. And while the move was celebrated in the crypto …
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