Bitcoin’s market could have entered the ‘greed stage’ based on the high leverage being used by BTC traders The amount of leverage has increased since February The weekly Bitcoin chart is hinting of exhaustion and a top might not be too far away The Bitcoin market might have entered the ‘greed stage’. This is according …
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USDT issued on Tron (TRX) has eclipsed that issued on Ethereum The milestone was achieved 729 days after TRC20-USDT was launched Justin Sun marked the milestone through Twitter by thanking the Tron community TRX has had an impressive run in the markets but a pullback could be on the horizon The amount of Tether (USDT) …
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Coinbase (COIN) closed the first day of trading at a value of $328 Coinbase closed the first day of trading COIN as the most valuable exchange in the world Coinbase managed to eclipse the CME Group, the Hong Kong Exchanges and Clearing, and ICE The market cap of COIN has also exceeded that of Binance …
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Blackouts for safety inspections in China’s Xinjiang region have significantly impacted the hash rate of many top Chinese Bitcoin mining pools. The hashing power of top Bitcoin mining pools located in Northwest China appears to have plummeted due to a regional blackout to enable safety inspections. The news was reported by Wu Blockchain, the author …
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The blockchain sector has known for years that technical hurdles need to be eliminated for mass adoption to take place. Has any progress been made? For several years, one of the biggest hurdles to blockchain adoption has concerned the fact that it’s a rather technical space. Experienced developers find it daunting to build decentralized apps …
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Brian Brooks has defended the fintech charter he oversaw while heading the OCC, warning heavy-handed crypto regulations could undermine U.S. competitiveness globally. Brian Brooks has defended the fintech banking charter introduced while he served as the acting comptroller of the currency after Congressional Democrats took aim at the license on Thursday. Brian appeared as a …
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The “interest-free loans” decentralized lending protocol now has $1 billion worth of locked-up value after it launched on April 5. The team behind Liquity Protocol — a DeFi project launched on April 5 — has attracted $1 billion worth of locked up value according to data from Dune Analytics. From $0 to $1B TVL in …
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Cryptocurrency has rapidly attracted the attention of mainstream companies. One of the year’s most significant trends has concerned the three leading payment companies—Visa, Mastercard, and PayPal—as each company has turned toward crypto. Visa Will Settle With Crypto At the end of March, Visa announced that it is working with the digital asset bank Anchorage. This …
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XRP XRP was one of the top coins for the week with a gain of 85% taking the coin to highs at $1.40. Ripple’s pending court case by the SEC saw some recent twists in the favour of the crypto project and traders are buying in anticipation of a positive result. XRP Price Index …
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Earle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country’s first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors an indirect way of getting exposure to bitcoin. According to Loxton, an application for this …
The past week has been busier than usual for the NFT ecosystem. Rap stars Jeezy and Riff Raff entered the NFT realm, Hoard introduced its lending platform for NFT-collateralized crypto loans, The Topps Company is dropping its Series 1 Baseball collectibles, super-quarterback Tom Brady is launching his own NFT initiative, Terra Virtua is releasing a …
Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about bitcoin and companies like Coinbase remaining prosperous. Novogratz Warns of a Crypto Market ‘Washout’ Shares …
The CEO of Blackrock, the world’s largest asset manager, says that he is fascinated by cryptocurrency, believing that it could become a “great asset class.” However, he said that Blackrock has not received many inquiries from its institutional clients about having bitcoin in their portfolios. Blackrock’s CEO ‘Fascinated’ About Crypto Following Coinbase’s IPO via a …
Bitcoin (BTC) Price Prediction – April 16, 2021Bitcoin price now fluctuates between $62,000 and $65,000 as bulls struggle to break above the $65,000 resistance. For the past three days, the BTC/USD price has been in a downwards correction above the $62,000 support. Bitcoin will attain a new high above $70,000 if the bulls clear the …
CoinShares’ Meltem Demirors has said that Bitcoin allows different investors to accumulate wealth. Bitcoin hit yet another record high on Tuesday, trading above $63,000. Demirors’ Take On Coinbase Listing According to the crypto strategist who spoke on CNBC’s Squawk Box, Bitcoin has created much wealth for people who weren’t part of the traditional financial system. Demirors, …
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