Bitcoin’s (BTC) price has been ranging between $46,000 and $52,000 for 26 days. Despite the large nominal $6.1 billion year-end options expiry, the bullish and bearish instruments were evenly balanced between $44,000 and $49,000. Therefore, it was no surprise that the $47,175 price at 8:00 am UTC on Dec. 31 brought little change to the …
Category archives: Trending Crypto news
NFTs to help brewers and farmers preserve UNESCO Belgian beer heritage
Brewers and farmers from Belgian Barrels Alliance (BBA) have partnered with Zeromint to offer nonfungible tokens (NFTs) aimed at preserving the UNESCO recognized Belgian beer culture and heritage. As a part of the partnership, Zeromint will mint and offer exclusive NFTs on the GoChain blockchain, which will be made available for international beer fans via …
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Indian taxman recovers $6.62M from WazirX for evading tax on commission
Indian crypto exchange WazirX has reportedly paid over $6.6 million (49.2 crore rupees) following non-payment of Goods and Services Tax (GST) on trade commissions. The total recovery includes the pending tax of $5.43 million (40.5 crore rupees), the interest and a penalty for non-payment. Government officials from the Central GST and Central Excise committee (CGST …
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How Crypto Empowered Porn Creators In 2021: Less Cant More Freedom
The crypto industry saw the opportunity of a lifetime this year when OnlyFans, a platform known mostly for its adult content, announced it would ban sexually explicit content. The crypto and porn industry together represents a very profitable merge that has just started to happen. The world of payment methods has a history of hypocrisy, …
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MicroStrategy Remains One Step Ahead With $94M Bitcoin Purchase
MicroStrategy has once again doubled down on its bitcoin holdings with another purchase. This time around, the company spent almost $100 million to add more BTC to its mammoth holdings. The company which has been buying bitcoin since 2019 has stuck to its promise to invest heavily in the digital asset and has been the …
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Bitcoin Long Traders Bear The Weight As Liquidations Continue
Bitcoin liquidations have continued as the year draws to an end. The year has been rocked with liquidations that have gone past the $100 billion mark and there does not seem to be a stop even as 2022 rolls around. Long traders have had to bear the brunt of the losses given the recent downtrend. …
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More Crypto Games Than Ever Before Appear at Casinos
If you’ve bet with Bitcoins and other cryptocurrencies before, you’ll understand new crypto casinos are springing up all the time. You’ll probably also know that the days of homebrew titles are behind us, with many of today’s top casino games now playable with BTC, LTC, ETH and others. Just how many and what types of …
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Have the Inu Tokens Finally Found Their Leader in Powered Gaming?
The decentralized nature of the crypto sector gives room for several cryptocurrencies to thrive amongst their communities. The industry currently has thousands of cryptocurrencies in active trading, some of which are tributes or representations of ideas or events. While many are much older and considerably more serious, several others are meme coins. A meme coin …
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Here’s What Next for Algorand, Chainlink, The Sandbox and Two Additional Altcoins, According to Crypto Analyst Michaël van de Poppe
Michaël van de Poppe is plotting the price direction of the altcoins Algorand (ALGO), The Sandbox (SAND), Chainlink (LINK), Curve DAO Token (CRV) and Swipe (SXP). In a new video, the crypto analyst tells his 158,000 YouTube subscribers that Algorand is entering into a period where traders should ideally place their money at bottom price …
Billionaire Elon Musk Says He’s Identified Which Crypto Asset Is Fundamentally Best – But There’s a Catch
Billionaire and business magnate Elon Musk is once again praising dog-themed crypto asset Dogecoin (DOGE). In a lengthy new interview with podcast host Lex Fridman, Musk says that the popular meme coin’s built-in mechanisms render it superior to leading crypto Bitcoin (BTC) in terms of practical use cases. “Part of the reason why I think …
Bitcoin price fell short of analysts’ $100K target, but what about 2022?
Bitcoin (BTC) is likely to end 2021 well below analysts’ target projections of $100,000. Kraken CEO Jesse Powell, who had also projected a $100,000 price target for Bitcoin, still remains bullish in the long term, but he does not rule out a sharp drop in the short term. One of the negatives that may add …
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Crypto Giant Grayscale Details Top Altcoins Held by Institutional Investors As 2022 Begins
The world’s largest digital asset manager is offering a look at which crypto assets institutional investors are most interested in. Grayscale just detailed a complete breakdown of its crypto assets under management (AUM), which amounts to a staggering $40+ billion. The vast majority of Grayscale’s holdings are in the Bitcoin (BTC) Trust, which accounts for …
Bitcoin (BTC) Flashing Mixed Metrics As Its Price Stays Stagnant: Santiment
Crypto analytics firm Santiment says that a recent spike in the number of daily active Bitcoin (BTC) addresses indicates BTC’s price might be about to swing to the upside. The market insights agency tells its 120,700 Twitter followers that Bitcoin activity has picked up after nearly a month of sluggish data. “With Bitcoin continuing its …
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Trading Giant Robinhood Rolls Out Timeline for Next Phase of Its Crypto Wallets Feature
American financial services titan Robinhood is moving on to the next phase of its crypto wallet launch. According to a new blog post, the trading company plans to roll out the beta phase for its “Wen Wallets” program in mid-January which will open up the crypto wallets to thousands of customers from Robinhood’s waitlist. Robinhood …
Veteran Trader Tone Vays Says It’s ‘Impossible’ To Be Bearish on Bitcoin – Here’s Why
Seasoned crypto analyst Tone Vays says that Bitcoin (BTC) flipping bearish in its current scenario would be paradoxical. In a new strategy session, the veteran trader tells his 118,000 subscribers that the events that would have to take place for him to turn bearish on the king crypto would actually end up making him bullish. …