A popular crypto analyst says that predictions of a Bitcoin (BTC) euphoric rise or an epic crash are both unlikely and that BTC may need to experience some pain before it can reach new all-time highs. In a new strategy session, Nicholas Merten tells his 489,000 YouTube subscribers that he does foresee Bitcoin achieving a …
Category archives: Trending Crypto news
What were the biggest crypto outcomes of 2021? Experts Answer, Part 2
Simon is the crypto analyst at eToro, a social trading platform that offers investing in both stocks and cryptocurrencies. “The pandemic and associated lockdown measures have turbo-charged the transition to this technology as we close out 2021. However, as the ultimate frontier between the real and virtual worlds, the metaverse represents the most likely evolution …
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Binance to finalize acquisition of Swipe, paving for CEO exit
Binance, the world’s largest cryptocurrency exchange, announced Thursday that it will acquire the remaining outstanding shares of Swipe, a prominent crypto Visa card provider. Users of Binance will be able to spend their coins at over 70 million locations worldwide as a result of the acquisition. On July 6, 2020, Binance initially announced the purchase …
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MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto
Business intelligence firm MicroStrategy has added $94 million worth of Bitcoin (BTC) to its holdings after purchasing the crypto asset at an average price of $49,229. According to a Thursday filing with the U.S. Securities and Exchange Commission, MicroStrategy purchased 1,914 BTC between Dec. 9 and Dec. 29 for $94.2 million, making its total holdings 124,391 BTC. …
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Bitcoin gains after $46K drop as ‘bottoming out’ continues into 2022
Bitcoin (BTC) recovered from fresh lows on Dec. 30 as markets remained undecided on their end-of-year trajectory. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $46,000 may not mark floor Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing to $47,731 on Bitstamp, reversing almost all of the previous day’s losses. Prior to the Wall …
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Ethereum, Cardano and Three Additional Altcoins Are Top Crypto Assets for 2022, According to Analyst Benjamin Cowen
A popular crypto analyst is naming his top altcoin picks as the crypto markets head into a new year. In a new interview with Altcoin Daily, Into the Cryptoverse founder Benjamin Cowen tells the channel’s 1.8 million YouTube subscribers that layer-1 blockchain projects are his primary focus of interest. First and foremost is leading smart …
Santo Blockchain to deliver 50 Bitcoin ATMs to Panama
Panama is doing its best to keep up with El Salvador’s Bitcoinization with the installation of 50 Bitcoin (BTC) ATMs in 2022. Thanks to Santo Blockchain, 50 of the planned 300 ATMs will begin shipping to Latin America in early 2022. A vertically integrated blockchain and cryptocurrency company with offices in Saigon, Vietnam and Panama …
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Russian bank Sber launches blockchain ETF tracking Coinbase, Galaxy Digital
Sber, the Russian government-backed company and the largest bank in the country, is launching a blockchain exchange-traded fund (ETF) to track the performance of major crypto companies, such as Coinbase and Galaxy Digital. Sber Asset Management officially announced the news on Thursday, stating that the new ETF is linked to various blockchain and crypto industry …
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First US Bitcoin ETF a ‘dud’ in 2021 as GBTC discount stays near record lows
Bitcoin (BTC) institutional demand is conspicuously wanting at the end of the year as data flags the “underperformance” of the United States’ first Bitcoin futures exchange-traded fund (ETF). As noted by markets commentator Holger Zschaepitz on Dec. 29, the ProShares Bitcoin Strategy ETF (BITO) is now trading at nearly 30% below its launch price. Anticlimax …
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Ethereum Whales Just Splurged Over $1,600,000,000 on One Crypto Asset, Pushing Shiba Inu Out of Biggest Altcoin Position
Ethereum whales are gobbling up a new favorite altcoin, temporarily displacing Shiba Inu (SHIB) as the top alternative digital asset amongst big buyers. Data from whale-surveilling platform WhaleStats indicates the top 1000 largest Ethereum wallets are now holding more than $1.54 billion worth of FTX Token (FTT). The total value of FTT held by whales …
South Korean crypto exchanges to follow Coinone in verifying private wallets
Major South Korean crypto exchanges including Upbit, Bithumb and Korbit will follow Coinone’s lead in banning transfers to non-verified wallets, industry analysts say. Yesterday Coinone announced that it would reject deposits from unverified private wallets starting Jan. 24 to reduce the risk of money laundering. All Korean exchanges, including Upbit, Bithumb, Korbit and 20 others, …
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CityCoins Can Help Develop Crypto Culture – But Is It the Best Policy Initiative?
HodlX Guest Post Submit Your Post New York City’s Eric Adams has made a splash for announcing his dedication to building a crypto hub able to rival that of Miami, he’s become a darling of the digital assets community. His public position has quickly ensconced his position as the East Coast’s Cynthia Lummis. Miami has …
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Nifty News: Decentraland Times Square NYE party, Mutant Apes go bananas and more…
Times Square NYE party in Decentraland Decentralized Metaverse project Decentraland will unveil the virtual reality version of the iconic Times Square via a New Years Eve party that coincides with the timing of the real life celebration in New York city. The event is called the “MetaFest 2022 NYE Party” and will run until 8:00 …
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Hot Doges and Bitcoinana Splits on offer at Florida crypto restaurant
A new crypto-themed restaurant in Florida is slinging hot dogs and shrimp cocktails inspired by Dogecoin (DOGE) and Shiba Inu (SHIB), with the Dogedogs being highly prized by customers. The Clearwater Beach-based venue is dubbed the “Crypto Street Restaurant” and held a grand opening to the public earlier this month with a menu full of …
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DAO aims to raise $5M to resurrect Blockbuster Video
A new decentralized autonomous organization (DAO) has been formed with the goal of buying the Blockbuster brand from Dish Network and turning it into a film studio and streaming platform. Blockbuster Video is an American video rental company founded in 1985 which once had 6,000 stores globally and was valued at over $8 billion, before …
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