Throughout 2021, the Brazilian cryptocurrency market managed to distance itself from the police pages and finally win acceptance with the general public, whether in the financial market or even in the greatest national passion: soccer. Last year, Bitcoin (BTC) acted as a strong alternative to the Brazilian real that ended 2021 by breaking negative records …
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Mati Greenspan is frequently mentioned in top-tier financial media, as a prominent investment specialist with macroeconomic analysis, portfolio diversification, and crypto in his focus. The founder and CEO of Quantum Economics revealed what’s on the horizon for his company that provides analysis, advisory, and money management services in the field of crypto and traditional markets, …
With the ongoing market slump, El Salvador is holding significant losses on its Bitcoin investments. Its buying process and wallets are undisclosed, so the exact amount remains unknown. But estimates put the loss at between $10 million and $12 million. El Salvador’s “Bitcoin experiment” was hailed by some as pioneering in so far as leading …
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On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This week, the current total supply of usd coin surpassed tether, in terms …
Continue reading “Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum”
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped 219.5 EH/s. Bitcoin’s Hashrate Hits a Milestone, Analyst Discusses …
Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins. Anti-Corruption Official Pushes for Rules to Mitigate Risks of …
Jurrien Timmer, a macro strategist at financial giant Fidelity, says that Bitcoin (BTC) may have found a new level of support that’s 33% higher than previously believed. In a thread to his 80,000 Twitter followers, Timmer says that a little-known metric called “dormancy flow” might be the key to pegging Bitcoin’s bottom at $40,000. “A …
Crypto research firm Delphi Digital thinks a blockchain platform designed for decentralized finance (DeFi) could be the next major player among layer-1 scaling solutions. In its Delphi Daily tweets offering updates and insights about the crypto space, the firm tells its 103,700 followers that Fantom (FTM) is defying an industry-wide downtrend by racking up an …
A popular crypto analyst and trader is giving a bullish prediction for the native tokens of two smart contract-enabled blockchains. The crypto analyst pseudonymously known as Smart Contracter tells his 201,800 Twitter followers that the native tokens of blockchain platforms Harmony (ONE) and Fantom (FTM) are aiming to reach new record highs. Smart Contracter also …
The Bitcoin (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is. As noted by popular Twitter account @venturefounder on Jan. 14, even at $42,000, the BTC/USD trading pair is around 20% above miners’ cost price. Miner capitulation behind “worst” BTC price …
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Bitcoin Price Prediction – January 15 The Bitcoin price prediction shows that BTC keeps moving within the moving averages as the coin ready for the next direction. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $48,000, $50,000, $52,000 Support Levels: $38,500, $40,500, $42,500 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is currently …
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Crypto exchange FTX recently announced the launch of a $2 billion venture capital fund–FTX Ventures. According to the official announcement made by the crypto exchange, FTX hired a former partner at Lightspeed and Discovery, Inc. executive Amy Wu to lead the new fund focused on investing in top projects building in Web3. A broad investment …
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Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especially in countries with widespread crypto adoption.” ‘Our Analysis Suggests Crypto Assets Are No Longer on the Fringe of the Financial System’ The International …
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The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose primary avenue for purchasing crypto relies on peer-to-peer markets. Uruguay Enters the …
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A low-cap altcoin has skyrocketed by more than 372% in the past seven days after receiving full trading support from Coinbase this week. PolySwarm (NCT) is a threat detection and anti-malware project that was listed by Coinbase Pro on Wednesday, alongside altcoins Inverse Finance (INV), Liquity (LQTY), Propy (PRO). All four crypto assets then received …
