Ethereum’s native crypto Ether (ETH) rebounded sharply on Thursday after Elon Musk disclosed for the first time that his private rocket firm SpaceX holds Bitcoin (BTC), and Tesla would probably resuming the bitcoin payment option for its electric cars. The BTC/USD exchange rate was below $30,000 but bounced by more than 5% after the big …
Continue reading “16% Ethereum price rebound activates a classic bullish pattern — $2.5K next?”
Crypto exchange FTX is now worth $18 billion after closing $900 million in a Series B funding round. Over 60 investors participated in the funding round, including Sequoia Capital, Coinbase Ventures, and the Paul Tudor Jones family. It is the first large funding round for FTX, a two-year-old company. ADVERTISEMENT FTX says that the …
NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, the bank confirmed to Cointelegraph on Thursday. “All credit and debit card transactions to Binance have been blocked. We have been limiting payments to Binance for a number of weeks,” a …
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How much do you know about gift cards? Take our quiz to find out 10 questions Gift cards are an exceedingly popular type of present — especially considering as online shopping continues to overtake brick-and-mortar retailers. They also proved especially popular during the coronavirus pandemic as cash use experienced a massive decline. But how much …
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The state of Alabama has become the second state in the United States to raise concerns over BlockFi, a major cryptocurrency lending platform. The Alabama Securities Commission (ASC) has issued a show-cause order to New Jersey-based company BlockFi, ASC director Joseph Borg officially announced on Wednesday. Already facing a cease and desist order from the New …
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Anish Saxena, a New Delhi-based automobile dealer, made “incredible” profits by investing in cryptocurrencies in 2020, just as his business took a hit from the coronavirus pandemic-induced lockdown. “I had known about Bitcoin and Ethereum and dozens of other assets for years,” the 33-year old businessman said. “But I only got to invest in them …
Decentralized derivatives exchange SynFutures announced a new product called Bitcoin (BTC) Hash Rate Futures that uses the biggest cryptocurrency’s ever-changing mining difficulty as a basis to open long or short positions. Touted as fully decentralized hash rate futures, SynFutures’ new offering would let users trade on Bitcoin mining difficulty with Wrapped BTC (wBTC). The hash …
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Layer-two scaling platform Celer Network has officially launched the mainnet version of cBridge, a multi-chain network that gives users the ability to more easily swap assets across multiple blockchains. With cBridge, users can instantly transfer tokens across Ethereum, Polygon, Binance Smart Chain and Arbitrum networks without experiencing any liquidity bottlenecks, Celer announced Thursday. The company …
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New York-headquartered fund manager Global X Digital Assets has filed an application for a Bitcoin (BTC) exchange-traded fund (ETF) with the United States Securities and Exchange Commission. Filed on Wednesday, the application indicates that the proposed Global X Bitcoin Trust — a Delaware statutory trust formed in mid-July of this year — would, if approved, …
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Tesla CEO Elon Musk is pulling back the curtain on his crypto portfolio. In a new discussion at the virtual B Word Conference, Musk says that he personally owns Bitcoin (BTC), Ethereum and Dogecoin (DOGE). ADVERTISEMENT The CEO also confirms that Tesla and his other tech company SpaceX both hold Bitcoin on their balance …
Flare Network says it’s giving XRP holders an additional airdrop – and this one is around the corner. Hugo Philion, co-founder and chief executive of Flare, says the company plans to release a network called Songbird in the next six weeks. ADVERTISEMENT The protocol is designed to be a “canary network” that’s used as a testing …
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Coinbase Commerce, the e-commerce arm of the United States-based crypto exchange, has added support for Dogecoin payments. According to a Twitter announcement, Dogecoin became the seventh cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal. The platform currently supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC) along with stablecoins Dai (DAI) and …
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Bitcoin (BTC) circled $32,000 on July 22 after excitement over fresh comments by Elon Musk resulted in strengthening of support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC bulls regroup at $32,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging between $31,500 and $32,000 overnight on Wednesday, hours after Musk joined others in praising …
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Crypto trading company Currency.com is joining CryptoUK, a self-regulatory trade association for the cryptocurrency industry in the United Kingdom. In a Thursday announcement, CryptoUK said the firm would become an executive member in the regulatory group alongside Binance.UK, Crypto.com, CryptoCompare, Electroneum, eToro, Ripple, BCB Group, Outlier Ventures, and Simmons & Simmons. Executive members are responsible …
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Actor and venture capitalist, Ashton Kutcher, has published a video to Twitter featuring himself, his wife Mila Kunis, and Ethereum founder Vitalik Buterin, to explain the project to newcomers For the first minute, the video shows Kutcher quizzing Kunis on basic terms relating to cryptocurrency and blockchain technology in a living area of their home. …
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