American cinema operator AMC Entertainment is aiming to accept Bitcoin payments for movie tickets by 2022. Speaking during a Aug. 9 conference call regarding the firm’s Q2 results announced earlier the same day, AMC chairman and CEO Adam Aron revealed that the cinema chain intends to have the infrastructure ready to accept BTC payments for …
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Former Goldman Sachs executive Raoul Pal says that he’s seeing a developing macro setup that could potentially blast Bitcoin and other crypto markets into the stratosphere. In an interview with The Breakdown host Nathaniel Whittemore, Pal explains how a weak global economy could serve as a catalyst for the growth of the digital asset market. …
Continue reading “Looming Macro Setup Could Blast Crypto Into the Stratosphere: Raoul Pal”
Bitcoin (BTC) price soared to a 3 month high at $46,293 after bulls confirmed that they intend to take full control of the market. While crypto traders might be in the green again and pro traders are looking to add larger leveraged positions, no every class of investors to obtain direct exposure to Bitcoin. For …
Continue reading “MicroStrategy and Bitcoin mining stocks rally as BTC price rebounds”
Luxembourg-based Blocktrade has become the latest cryptocurrency exchange to receive major backing from venture capitalists, offering further evidence that digital asset startups are becoming a prime target for investment funds. Private investors across 33 countries participated in the $25.8 million, or 22 million euros, Series A round, Blocktrade announced early Tuesday in Europe. The investors …
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A compromise which proposed amending provisions in the bipartisan infrastructure deal on crypto failed to meet the requirements of a unanimous consent request in the Senate, making the bill likely to go to a full vote without additional changes. This afternoon, Senator Tom Carper, the Democratic floor manager for infrastructure bill HR 3684, put forth the …
Continue reading “‘We’ll be back on this’ — Alabama senator derails crypto amendment with two words”
Bitcoin’s (BTC) recovery from $29,482.61 on July 21 has continued to surpass one resistance after another. Today, Bitcoin has risen above the 200-day simple moving average, an indicator watched by institutional investors to determine whether the asset is bullish or bearish. A positive sign about today’s rally has been that Bitcoin was not affected by …
Continue reading “Price analysis 8/9: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK”
A closely followed crypto trader is issuing a “last warning” that calls for one large-cap altcoin to potentially explode, and he’s also revealing what he thinks is in store for Bitcoin for the next two months. The pseudonymous analyst known as Inmortal tells his 58,500 Twitter followers that Litecoin (LTC) is poised to “teleport to …
Alchemy Pay (ACH), a crypto project that’s surged more than 7,280% in the past two weeks on the heels of a listing on Coinbase, says it’s rolling out a virtual card that will be accepted across millions of merchants on the Visa and Mastercard networks. The move is designed to spur the adoption of numerous …
Market shrugs off regulatory onslaught to reach prices not seen since May. Cryptoasset prices are accelerating higher as US regulators put Bitcoin in the spotlight and Ethereum celebrates a successful network upgrade. Crypto has become the most hotly debated aspect of Biden’s $1 trillion infrastructure bill, and prices across the market are lapping up the …
Crypto investors in Japan can look forward to buying and selling Cardano as the fifth-largest crypto asset gets the green light for listing on exchanges operating in the country. Sebastien Guillemot, the former executive of Cardano-founding entity EMURGO, says that getting ADA’s regulatory approval is no easy feat due to Japan’s “strict” rules involving the …
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Brett Redfearn, the former director of the division of trading and markets at the United States Securities and Exchange Commission (SEC), has reportedly left his position at Coinbase after less than five months. According to a Wall Street Journal report, Redfearn resigned as the head of Coinbase’s capital-markets group at the end of July. People …
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Bitcoin (BTC) hiked 20% in seven days in an unexpected move that brought the price to its highest level since May 18. The price appreciation happened despite U.S. Treasury Secretary Janet Yellen reportedly supporting a broader definition of crypto companies in the HR 3684 infrastructure bill currently being considered in the U.S. Senate. Even though …
Continue reading “Bears lick their paws while Bitcoin price blasts through $46,000”
The cryptocurrency market has shown a new level of resilience on Aug. 9 as a majority of tokens have managed to maintain recent gains and Bitcoin price hit a new 3 month high at $46,293. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were IoTeX (IOTX), CyberVein …
Continue reading “Swipe, IoTeX and CyberVein lead altcoins higher after Bitcoin hits $46K”
Popular crypto trader and strategist Benjamin Cowen says he’s keeping a close watch on a key price level as bulls try to take full control of the Bitcoin market. In a new strategy session, Cowen tells his 489,000 YouTube subscribers that bulls must convincingly push Bitcoin above the 200-day simple moving average (SMA) to put …
Senators putting forth differing amendments for provisions in the infrastructure deal which apply to crypto have reached a compromise after a legislative setback. In a press conference today, Senator Pat Toomey said there was now a bipartisan agreement on an amendment to infrastructure bill HR 3684 backed by Cynthia Lummis, Rob Portman, Mark Warner, Kyrsten …
