It might seem that the volatility of digital assets’ prices and the lightning speed with which crypto markets move would mean that those who act fastest secure the heftiest rewards. And in certain cases this holds true – for example, when an announcement of a token’s listing on Coinbase or Binance first goes public, and …
Continue reading “Why HODL for 48 hours? Because your altcoin wallet will thank you”
Crypto market analyst Justin Bennett thinks Dogecoin (DOGE) is primed for a massive rally if it successfully recovers a key level and retests it as support. The analyst tells his 78,000 Twitter followers that he thinks meme crypto asset Dogecoin could begin a 500-1000% multi-month surge if it can reclaim the $0.24 level. ADVERTISEMENT …
A new survey unveils that crypto traders are most bullish on 13 altcoins including Polkadot, Solana and Polygon. The Real Vision Exchange Crypto Survey is designed to track sentiment among investors by allowing participants to scan 30 tokens and choose if they want to have an overweight or underweight allocation for each one. The survey …
The rapid growth of mainstream attention toward cryptocurrencies has forced the hands of numerous governments to create their digital alternatives. Over the past few years, interest from various jurisdictions has been pointed towards central bank digital currencies (CBDCs) — digital versions of government-issued fiat. Given their capacity to use blockchain technology to facilitate a simplified …
Continue reading “Asian CBDC projects: What are they doing now?”
Bitcoin (BTC) saw some rare calm on Oct. 16 as the market continued to digest the approval of the United States’ first exchange-traded funds (ETFs). BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Lack of faith over non-futures ETF approvals Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $61,500 on Saturday, still up by 4% …
Continue reading “BTC price hovers above $61K amid fresh concerns over fate of physical Bitcoin ETF”
Bakkt Holdings, the digital assets management arm of Intercontinental Exchange (ICE), has announced to soon become a publicly-traded company on the New York Stock Exchange from Oct. 18. The public listing for Bakkt ticker comes as a result of a merger with VPC Impact Acquisition Holdings, a Chicago-based special purpose acquisition company. According to an …
Continue reading “Crypto finserve Bakkt to soon trade publicly on New York Stock Exchange”
A widely followed crypto analyst sees a volatile Q4 ahead for altcoins but thinks Ethereum will end the cycle with a massive run against Bitcoin. Crypto strategist Michaël van de Poppe tells his 443,3000 Twitter followers that it is within the realm of possibilities for Ethereum to rally 200% against Bitcoin (ETH/BTC) in the coming …
American finserv Square will soon begin investigating technical requirements for building an open-source Bitcoin (BTC) mining system, according to CEO Jack Dorsey. Dorsey shared a series of tweets explaining his intent to follow a collaborative approach in further decentralizing Bitcoin mining. He said: “Square is considering building a Bitcoin mining system based on custom silicon …
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Crypto lenders are the institutions situated between consumers and the untamed, blockchain-based, and often unregulated space of cryptocurrencies. As such, they are in a peculiar position when it comes to responsibility towards their customers and the assets for which they provide services. Consequently, when choosing which currencies to support, lenders lead a delicate dance of …
Continue reading “The responsibility behind a crypto lender’s asset listing”
El Salvador’s mainstream Bitcoin (BTC) adoption gains momentum during the ongoing bull run as citizens increasingly exchange their United States dollar savings for Bitcoin. President Nayib Bukele shared this new development on Twitter based on the data acquired from El Salvador’s in-house wallet service, Chivo. President Bukele said: “People are inserting way more USD (to …
Continue reading “Salvadoreans are now selling ‘way more’ US Dollars to buy Bitcoin”
Payments processor Strike has announced the launch of a new feature that will allow users to convert their paychecks to bitcoin. This feature brings workers one step closer to collecting their paychecks in bitcoin. Instead of the employer paying out wages and salaries in BTC, employees can take the paychecks they receive and convert them …
Continue reading “Strike Launches New Feature To Allow Users Convert Salaries To Bitcoin”
Since the first meteoric rise of Bitcoin in 2017, asset managers and investment firms have looked to seize the opportunity in the growing space, attempting to bring the cryptocurrency to Wall Street. Of course, the majority of these efforts (if not all) were futile – caused by waning demand during downturns, opposition from government entities, …
Continue reading “Bitcoin ETF Receives Approval from SEC, Marking Historic Day for Crypto”
CEO of financial services company Square Jack Dorsey could take another step further into expanding the Bitcoin ecosystem. Via his Twitter account, Dorsey announced that the company is currently “considering” the possibility of creating a BTC mining system. Related Reading | Square’s Cash App Reports $2.7B In Quarterly Bitcoin Revenue, A 200% Jump A known …
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Bitcoin price is above $60,000 and bears are in disbelief. But they shouldn’t be, as bulls have long been in control of the trend. It had only been lower timeframes that had flipped bearish, while the most dominant trend had remained up. According to the Supertrend, all of the most important timeframes have since flipped bullish, …
Continue reading “Bitcoin “Supertrend” Begins As Buy Signals Stack On All Major Timeframes”
On-chain data shows crypto exchange Coinbase saw a withdrawal of 400k Ethereum yesterday. This could be a sign of activity from institutional investors, and could prove to be bullish for the coin. Coinbase Observes Outflow Of 400,000 ETH As pointed out by a CryptoQuant post, about 400k ETH (1.5 billion at the current exchange rate) …
Continue reading “Ethereum Looks Set To Explode As 400,000 ETH Exits Coinbase”
