U.S.-based publicly listed mining firm Riot Blockchain has revealed that its year-to-date Bitcoin production has more than tripled compared to 2020. According to a Oct. 6 announcement, Riot has mined 2,457 BTC (roughly $135 million) during 2021 so far — a 246% increase compared to the same period of the previous year. Production for September …
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New Zealand-based crypto exchange Easy Crypto has raised $11.75 million (NZD $17 million) in Series A funding, as the firm eyes a potential initial public offering (IPO) in the future. The round was led by venture capital fund Nuance Connected Capital. According to an Oct.6 announcement from Easy Crypto, the NZD 17 million figure “seemed …
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Function X (FX), Jasmy (JASMY), tBTC (TBTC) and Wrapped Centrifuge (WCFG) are launching on Coinbase Pro Starting Today, Wednesday October 6, transfer FX, JASMY, TBTC and WCFG into your Coinbase Pro account ahead of trading. Support for FX, JASMY, TBTC and WCFG will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in …
Bank of America released their latest crypto report this week, as Bitcoin returns north of $50K. BofA strategists Alkesh Shah and Andrew Moss described the crypto market as “too large to ignore” and that “there could be more opportunity than skeptics expect.” Let’s take a bird’s eye view on key findings from the 140+ page …
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Cardano investors in Japan have come under scrutiny after authorities reported that investors in the asset had underreported their taxes from their trading activities. It was reported that multiple cities in the country had seen profits from trading in Cardano’s native token ADA but had not reported the earnings made from investing in the digital …
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Bitcoin price has erupted to more than $55,000, clearing any downtrend resistance and potentially signaling that the bull run is back on. The move might have taken bears by surprise, however, the blueprint for what happened was created around 90 years ago. Here is a history lesson on Richard Wyckoff, Wyckoff theory, and how the …
Continue reading “How 90-Year Old Market Wizardry Predicted The Bitcoin Breakout”
Data shows greed in the crypto market is on the rise, a signal that another Bitcoin correction could be coming soon. Fear And Greed Meter Says Crypto Market Has Turned Greedy As per the latest report from Arcane Research, the fear and greed meter has started pointing towards greed after showing fear for the past …
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Bitcoin recovered above $50K on Tuesday following a rallying that pulled the market back into the green. October has so far been good for the digital asset and investors have begun to return again into the market amid recovering prices. On the investment front, inflows show that institutional interest in bitcoin is returning after inflows …
Continue reading “Bitcoin Inflows Shows Institutional Investors Are Back On The Bull Train”
Real Vision CEO and macro guru Raoul Pal thinks crypto’s overall market cap still has a gigantic amount of room to grow. Pal says in a new interview with Anthony Pompliano that the crypto market is growing at a faster rate than the internet did. ADVERTISEMENT “I’ve just got a chart of adoption of …
The top executive of a hedge fund owned by famed billionaire George Soros says that Bitcoin (BTC) has turned a crucial corner and burst into the mainstream. In a new interview with Bloomberg Live, Soros Fund Management CEO Dawn Fitzpatrick says that both the digital asset market cap and user count are signals that crypto …
Crypto investor and analyst Justin Bennett is plotting a bullish “what if” scenario that sees Ethereum exploding over 700% in the coming months. The analyst shares a chart with his 72,000 followers that depicts ETH trading in a huge ascending channel that began in March of 2020. ADVERTISEMENT “$ETH, what if?” Source: Justin Bennett/Twitter …
EOS (EOS) began a descending trend 53 days ago and despite the recent 27% weekly gain, the altcoin is not showing any signs of a reversal. As a result, investors are questioning whether the former top-5 cryptocurrency has what it takes to turn around after Daniel Larimer, CTO of the development company behind EOS, resigned in …
As Bitcoin whales accumulate large amounts of BTC, one holder just cleared out over $1.5 billion worth of the leading crypto asset from a single wallet. Blockchain.com confirms the October 4th transaction which relocated a whopping 31,306 BTC, valued at $1,500,784,730 at the time. ADVERTISEMENT Crypto analytics firm Santiment says whale traders recently accumulated …
One region of the world is seeing a whopping 700% surge in crypto transactions in the past year, according to a new report from the blockchain data platform Chainalysis. Central & Southern Asia and Oceania (CSAO) received $572.5 billion in crypto asset value between July 2020 and June 2021. Chainalysis notes that the region’s transaction …
Bank of America is betting big on the potential for blockchain technology and digital assets to disrupt most major industries over the next 30 years. Global research from the bank indicates that, despite current regulatory pressures, significant growth will come to the crypto ecosystem beyond Bitcoin (BTC) as the industry evolves. ADVERTISEMENT “Despite potential …
