Whales are busy buying Bitcoin (BTC) now that the price of the top crypto has dropped from an all-time high of nearly $65,000 to below $40,000. According to the crypto analytics firm Santiment, Bitcoin addresses holding 100 to 10,000 BTC added a total of 90,000 BTC in the last 25 days – currently valued at …
Yearly archives: 2021
Bulls hesitate to buy the dip after Bitcoin price falls close to $35K
Bitcoin’s drop to $35,130 has bulls hesitant to buy the current dip but on-chain data shows long-term holders continue to accumulate. On June 18, Bitcoin (BTC) and traditional markets faced another day of downward pressure comments from the United States Federal Reserve about the possibility of raising interest rates sooner than expected has led to …
Continue reading “Bulls hesitate to buy the dip after Bitcoin price falls close to $35K”
Crypto company CEO says the recent crypto boom brought increased adoption
Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX. Cryptocurrency has gone through a number of bull and bear cycles since the industry’s inception in 2009. While 2017 saw the crypto industry boom around initial coin offerings and a rising Bitcoin (BTC) price, 2020 and 2021 have seen the …
Continue reading “Crypto company CEO says the recent crypto boom brought increased adoption”
Community reacts as Mark Cuban calls for regulations after getting ‘rugged’ on TITAN
Dallas Mavericks owner, Mark Cuban, who became known as a decentralized finance (DeFi) enthusiast and a high tier investor, told Bloomberg he was lazy and failed to do his own due diligence, causing him to lose money in a recent bank run. Cuban invested in a DeFi project, Iron Finance, that witnessed a “historical bank …
Coinbase co-founder says people shouldn’t underestimate Dogecoin
Dogecoin’s history showed crypto why it’s haste to dismiss a good meme that could manifest into concrete progress, said Coinbase co-founder Fred Ehrsam in his interview with Emily Chang on a Bloomberg TV appearance. The largest cryptocurrency exchange in the US, Coinbase, was launched out of a two-bedroom apartment in San Francisco after Ehrsam met …
Continue reading “Coinbase co-founder says people shouldn’t underestimate Dogecoin”
Crypto.com services now available to 400 institutional partners with Fireblocks integration
Institutional digital asset Fireblocks announced today it had integrated Crypto.com into the Fireblocks Network, the largest and most active digital asset transfer network for institutions. The move will allow Crypto.com to expand its reach to over 400+ institutional participants through the Fireblocks Network, which includes some of the biggest global banks, liquidity providers, OTCs, hedge …
NASCAR Driver Landon Cassill to Be Paid in Cryptocurrency for the Remainder of the Season
The American professional stock car racing driver, Landon Cassill, has announced he has partnered with the crypto-asset platform Voyager Digital Ltd. in order to get paid in cryptocurrency. Cassill’s announcement notes that the racer will be paid in crypto for the remainder of the 2021 NASCAR Xfinity Series season. Landon Cassill to be Paid in …
Crypto-Powered Investing App SimpleFX Launches $50,000 “Euro 2021 Trading Cup”
sponsored Are you a crypto trader looking for a fun opportunity to earn more returns or a soccer fan who wants to add some excitement during the Euro Cup? Great news, crypto-powered investing app SimpleFX launches a trading contest with a $50,000 prize pool. The SimpleFX Euro 2021 Trading Cup SimpleFX is an online broker …
Continue reading “Crypto-Powered Investing App SimpleFX Launches $50,000 “Euro 2021 Trading Cup””
Out of All the American States Study Shows Hawaii Expressed the Most Crypto Demand This Year
A report published by the independent marketing intelligence company, Miq Digital, explains that Hawaii has seen the most crypto demand of all the states in the U.S., with a 687% increase since 2020. As far as increased cryptocurrency demand since last year, Nevada, California, Florida, and Colorado followed the island state with increases of over …
Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’
Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there. Miami’s Mayor Says City Is Open to …
Continue reading “Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’”
Mark Cuban Says Key Sector of Crypto Markets May Need To Be Regulated
Mark Cuban is scrutinizing a key sector of the crypto markets after getting burned by Iron Titanium Token (TITAN), which plummeted from an all-time high of $64.19 on June 16th to zero within a day. The billionaire entrepreneur says stablecoins, which are altcoins designed to be pegged to the value of more stable currencies like …
Continue reading “Mark Cuban Says Key Sector of Crypto Markets May Need To Be Regulated”
Not Just XRP? Legal Expert Says SEC Could Target Two Additional Altcoins
US attorney Jeremy Hogan says he believes the U.S. Securities and Exchange Commission (SEC) may target two additional altcoins after launching its battle with payments giant Ripple over the alleged illegal sale of XRP as an unregistered security. Hogan cautions that stablecoin Tether (USDT) could find itself in the crosshairs of the SEC for misleading …
Continue reading “Not Just XRP? Legal Expert Says SEC Could Target Two Additional Altcoins”
Texas crypto users will soon be able to buy and sell tokens at major supermarket chain
The state is already becoming known for attracting miners and attempting to pass pro-crypto legislation, with Governor Greg Abbott saying he was a “crypto law proposal supporter.” Shoppers wanting to cash out their crypto holdings to buy groceries may soon be able to do so at many H-E-B supermarkets in Texas. According to a Friday …
Price analysis 6/18: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
Traders expect further downside from Bitcoin and altcoins after BTC dropped below a key support level at $36,000. The U.S. Federal Reserve updated their inflation expectations for this year from 2.4% in March to 3.4% in their latest meeting that concluded on June 16. To tame inflation, the Fed plans to undertake two rate hikes …
Continue reading “Price analysis 6/18: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH”
Cointelegraph Consulting: Report pictures a crypto-consumer portrait
While some have doubts when it comes to cryptocurrencies as a form of payment, this survey of active users indicates that they are genuinely impactful reasons for switching to crypto. Bitcoin’s status as legal tender in El Salvador has recently sparked a new round of discussion concernin Bitcoin (BTC) and its role in the world …
Continue reading “Cointelegraph Consulting: Report pictures a crypto-consumer portrait”