Marathon Digital Holdings, one of the largest Bitcoin (BTC) mining companies in the United States, is looking to raise $500 million in debt to buy Bitcoin and set up new Bitcoin miners. The Nasdaq-listed company officially announced Monday a private debt offering featuring a $500 million aggregate principal amount of its convertible senior notes. The …
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Bitcoin (BTC) tested $65,000 as support as U.S. markets opened Nov. 15 as a weekend surge ended in retracement. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysts maintain positive BTC price outlook Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving back a chunk of its overnight gains having hit local highs above $66,000. In …
Zanzibar, a semi-autonomous territory in Tanzania, is reportedly exploring ways to regulate and adopt cryptocurrencies like Bitcoin (BTC). The government of Zanzibar is planning to conduct meetings with stakeholders like banks and ministries to discuss policies related to the cryptocurrency industry. Minister of State Mudrick Soraga announced the plans to Tanzanian news agency The Citizen …
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A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a double top chart pattern. The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with each upside move meeting with a strong correction toward a common support level, called the …
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The online casino world is always evolving. New games are being added, new sites are opening up all the time, and more players are taking part. With so much competition coming from every angle, it can be difficult to know what to avoid when looking and betting in an online gambling casino that suits your …
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In a bizarre event, a cryptocurrency with the same name as SpaceX’s satellite range Starlink jumped over 140% as Elon Musk’s space technology company launched 53 of them into the Earth’s lower orbit. Watch Falcon 9 launch 53 Starlink satellites to orbit → https://t.co/bJFjLCzWdK https://t.co/dgHuF6SIZ4 — SpaceX (@SpaceX) November 13, 2021 Written as StarLink (STARL), …
VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF. According to an official notice by the Chicago Board Options Exchange (CBOE), VanEck’s Bitcoin Strategy ETF will start trading on CBOE under the ticker symbol XBTF on Tuesday. VanEck’s new …
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Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets. In a move to strengthen its presence in Asia, Circle picked Singapore to establish a regional headquarters. The company is also setting up an investment arm called Circle Ventures, according to Circle CEO Jeremy Allaire’s interview with …
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Bitcoin (BTC) begins a new week with a race toward all-time highs as bulls save the day — and the week — at the last minute. A week of sideways BTC price action came to an end just in time for the weekly close, with Bitcoin bouncing back to $66,000. It is a classic move …
Continue reading “‘Bull market distribution has begun’ — 5 things to watch in Bitcoin this week”
HodlX Guest Post Submit Your Post Nayib Bukele is synonymous with Bitcoin. The Salvadorean president bet big on crypto – officially. Some politicians speak, Bukele acted, officially making Bitcoin legal tender in his country. His is the first such large-scale national test of the cryptocurrency. The experiment is, politically, his alone. And when one’s political future …
Continue reading “In the Land of Volcanoes, Bitcoin Makes the Case for Renewables”
HodlX Guest Post Submit Your Post Binance Coin (BNB) is unloading a trend wave that could reach $1,500 within the next few months. Using Elliott Wave Theory as our guide, we inspect the market’s trends (called ‘waves’) to determine where we are within the eight-wave Elliott wave sequence. Within the idealized eight-wave structure, the market …
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Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build a “K-pop music metaverse.” Announced on Nov. 15, the partnership will see Animoca and Cube work together to create multimedia NFTs celebrating popular actors …
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A popular crypto strategist and trader is highlighting a crucial resistance area for XRP that it must take out to clear the way for a new all-time high. Pseudonymous crypto analyst Credible tells his 263,300 followers that XRP is currently taking it one level at a time and should see clear skies to new all-time …
Bloomberg Intelligence’s senior commodity strategist Mike McGlone says crypto may have one big advantage over the stock market. The closely followed strategist compares the S&P 500 to the MVIS CryptoCompare Digital Assets index which tracks the performance of the 10 largest and most liquid digital assets. According to McGlone, the ability of digital assets to …
Washington-based think tank Pew Research Center is revealing that a considerable number of young American adults have dabbled in cryptocurrencies. Based on results from a new survey, Pew says that most Americans are familiar with digital assets. “Overall, 86% of Americans say they have heard at least a little about cryptocurrencies, including 24% who say …
