On Monday, Jurrien Timmer, director of global macro at Fidelity, told his 56,000 Twitter followers his perspective on the current bitcoin prices. “In my view, it looks like the bottom is in,” the Fidelity executive explained, sharing a BTC/USD chart. Fidelity’s Jurrien Timmer Attempts to Call Bitcoin’s Bottom In mid-April, bitcoin (BTC) prices touched an …
Yearly archives: 2021
El Salvador reportedly weighing paying employees in Bitcoin
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars. Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should pay their employees in Bitcoin. According to local …
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The Chinese University of Hong Kong and ConsenSys create COVID-19 digital passport
The COVID-19 Digital Health Passport will be trialed by healthcare professionals in Hong Kong. Later on, patients will be able to access the passport through a mobile app. The Chinese University of Hong Kong, or CUHK, has partnered with Ethereum developer ConsenSys to launch a new blockchain-based Medoxie COVID-19 Digital Health Passport – a product …
As Yearn.Finance’s yield vaults grow, ‘crop’ projects define boundaries
Alchemix and Yearn.Finance appear to be squaring off with Curve and PoolTogether, but for now there appear to be harmonious solutions. With millions and even billions of dollars at stake, industrial-scale yield farming is leading to pockets of resistance as some projects refuse to be left with the chaff. In the past week, team members …
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DeFi exchange dYdX raises $65M in Series C fundraiser
The dYdX platform allows users to trade perpetual contracts with exposure to various crypto markets. It claims to have built the fastest decentralized exchange through layer-two solutions. Venture firms from across the blockchain industry have thrown their weight behind decentralized exchange developer dYdX, offering further evidence that investors are eyeing a further expansion of the …
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Synthetix Price Reaches $10.28 after 1% Uptrend – Where to Buy SNX
Synthetix is a protocol that allows the trading and issuing of synthetic assets on the Ethereum network. The Synthetic protocol is powered by the SNX token, which has created a space for itself in the rapidly growing crypto market. At the moment, SNX is stabilizing in its value. At the time of writing, the SNX …
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Traders look for Bitcoin price daily close at $41K to confirm bullish reversal
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action. Bitcoin started the week with a strong breakout to $40,900, but today bulls are trying to hold Bitcoin price above the $40,000 level. As the price broke from the $31,000 to $39,000 range on June …
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Beer and horses? Combination takes to the digital space with branded NFTs
Is this the 21st century crypto-themed update to “bread and circuses”? The U.K. arm of pilsner beer brand Stella Artois is partnering with a digital horse racing game to release a series of nonfungible tokens. In a Tuesday announcement from Stella Artois’ U.K. brewery, the beer brand said users of the digital racing game ZED …
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Sotheby’s will auction World Wide Web source code as NFT
Describing NFTs as the “most appropriate means of ownership that exists,” a 65-year-old computer scientist will release a tokenized version of the World Wide Web code next week. British computer scientist Tim Berners-Lee, who developed the original source code for the World Wide Web, is making the data part of a nonfungible token (NFT) through …
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Latin American telecom company accepts crypto payments through BitPay
GoldConnect will be able to process crypto transactions made in Bitcoin, Ether and other digital assets through its new LatamConnect platform. GoldConnect, a Latin American telecommunications wholesaler, announced Tuesday that it will allow customers to pay with cryptocurrencies through payment processor BitPay, marking another important milestone in the region’s embrace of Bitcoin (BTC). Crypto payments …
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Getting Started with the Bitcoin Betting Portal 1xBit
It is only a matter of time before cryptocurrencies are as widespread as the US Dollar, the Euro, or other currencies that we see in our everyday lives. This means that now there are even bookmakers eager to welcome new people into this crypto frenzy. Here we will explain how to use Bitcoin bet portal 1xBit. …
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Bitcoin Price Prediction: BTC/USD Creeps towards $39,500
Bitcoin Price Prediction – June 15 The Bitcoin price is trading below $40,000 against USD and the coin is likely to climb steadily with a few downward moves. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $47,000, $49,000, $51,000 Support Levels: $34,000, $32,000, $30,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD has …
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Which Cryptocurrency Will Explode June 2021 Week 3
The week started with cryptocurrencies turning green across the board, but which cryptocurrency will explode as the market sentiment turns more positive? We have the answers. Bitcoin price led the lot by stepping above $40,000 on Monday, but the uptrend did not make it to $43,000. Ethereum’s price closed the gap to $2,700 before settling …
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Ethereum Sees an 11.1% Drop in Daily Active Addresses in One Week
Daily active addresses on Ethereum have dropped by 11.1% in the last week In comparison, Bitcoin’s active addresses have only dropped by 0.7% in the same time period Mining revenue for Ethereum has also dropped by 10% Ethereum’s mean transaction volume has also hit a one month low Goldman Sacks plans to launch Ethereum futures …
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Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin
Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to Buy Bitcoin Microstrategy Inc. has …
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