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Bitcoin’s price surges as Elon Musk and Michael Sailor engage miners
Earlier this month, Tesla announced its decision to suspend payments for its products using Bitcoin (BTC/USD). The electric car maker cited environmental concerns since Bitcoin mining uses too much fossil fuel. дальше »
2021-5-25 13:48 | |
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Comparing the True Costs of Gold Mining in Africa With Those of Bitcoin Mining
When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity as well as its impact on the environment. дальше »
2021-5-24 12:00 | |
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Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited environmental concerns over bitcoin mining. дальше »
2021-5-15 00:30 | |
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Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues
Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel. дальше »
2021-5-13 01:47 | |
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Analyst Explains Why Ethereum Is Rallying, Hitting All-Time Highs
Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. дальше »
2021-5-10 13:00 | |
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SEC Commissioner Says Chinese Digital Yuan Will Not Dethrone US Dollar
SEC Commissioner Hester Peirce stated the planned digital yuan will not eclipse the dollar. She cited the growth of stablecoins backed by the greenback. The post SEC Commissioner Says Chinese Digital Yuan Will Not Dethrone US Dollar appeared first on BeInCrypto. дальше »
2021-5-2 11:48 | |
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Private Messaging App Telegram Ready to Go Public In Next Two Years, Valuation Between $30-$50B
Instant messaging app Telegram is reportedly planning to go public. According to Vedomosti, a Russian business newspaper that cited multiple sources familiar with the matter, Telegram plans to launch an Initial Public Offering (IPO) within the next two years with a possible valuation in the region of $30 to 50 billion. дальше »
2021-4-12 22:26 | |
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JPMorgan adjusts its long-term Bitcoin price target to $130,000
Analysts at American investment bank JPMorgan Chase & Co have updated their long-term Bitcoin (BTC) price expectations to $130,000, according to a note cited by Business Insider yesterday. The post JPMorgan adjusts its long-term Bitcoin price target to $130,000 appeared first on CryptoSlate. дальше »
2021-4-3 10:00 | |
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Bitcoin Retail Investors Confident About $50,000-Price Bottom
Bitcoin fell from about $60,000 to nearly $50,000 this week, but it has not deviated retail interest, according to Robbie Liu of OKEx. The investment analyst cited renewed buying activity near the $50,000 level among retail investors, confirmed by the rising long/short ratio and the rising USDT premium in the Asian market. The long/short ratio […] дальше »
2021-3-26 14:28 | |
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BIC Wins Award for Best Cryptocurrency News Website
ADVFN cited BeInCrypto as a leading source for news in the cryptocurrency industry. The financial services company highlighted BIC’s commitment to transparency in “an industry rife with disingenuous reporting, unlabeled sponsored articles, and paid news masquerading as honest journalism. дальше »
2021-3-23 10:00 | |
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Coinbase delays its $68 billion public listing to April
US-based crypto exchange Coinbase has pushed back its direct listing to April, sources cited by business outlet Bloomberg said Friday. The post Coinbase delays its $68 billion public listing to April appeared first on CryptoSlate. дальше »
2021-3-21 17:06 | |
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Bitcoin is slow, impractical, and eco-unfriendly, says Bank of America
Bitcoin (BTC) is “exceptionally volatile,” “impractical,” and extremely harmful to the ecosystem, said Bank of America’s (BofA) analyst in a research report cited by TheStreet today. The post Bitcoin is slow, impractical, and eco-unfriendly, says Bank of America appeared first on CryptoSlate. дальше »
2021-3-20 12:00 | |
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Ethereum Could Replace Bitcoin to Become Top Crypto Asset: Researcher
Ethereum, the second-largest blockchain network by valuation, has the potential to jump to replace Bitcoin to become the top digital asset, says Ryan Watkins of Messari. The senior research analyst cited a flurry of catalysts that could lead to the so-called flippening event. дальше »
2021-3-18 14:30 | |
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Bitcoin: Is centralized, third-party exposure the way ahead?
Bitcoin receiving constructive institutional interest is becoming quite a norm these days. In fact, while some organizations have publicly cited their interest in the crypto-asset, others have gone fuThe post Bitcoin: Is centralized, third-party exposure the way ahead? appeared first on AMBCrypto. дальше »
2021-2-18 23:30 | |
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Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern
A new poll of finance managers by Gartner Finance finds that a majority are not planning to hold bitcoin as a corporate asset. In their responses, most of the 77 finance leaders interviewed cite bitcoin’s volatility as one characteristic of the crypto asset that is “extremely difficult to mitigate. дальше »
2021-2-18 22:30 | |
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India: Regulators 'need to make up their minds,' claims Ripple exec
San Francisco-based Ripple has faced its fair share of issues on the regulatory front in the United States. In fact, the company has often cited the lack of an adequate regulatory framework as one of The post India: Regulators 'need to make up their minds,' claims Ripple exec appeared first on AMBCrypto. дальше »
2021-2-6 18:00 | |
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Gold’s devaluation will foster the $50,000 Bitcoin rally: Bloomberg’s Mike McGlone
An enormous inflow from gold to Bitcoin has been cited in the market. Bloomberg’s Mike McGlone, the Senior Commodity Strategist bared this out in a newly published analysis. In it, he says Bitcoin is in its “price discovery stage. дальше »
2021-2-5 22:28 | |
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Second-Largest Stablecoin USDC Transitions to the Stellar Blockchain
Circle, the principal financial technology firm behind USDC development, is often cited as a regulatory-friendly organization. In a Tuesday blog post, the SDF explained that users could access the USDC on Stellar’s decentralized exchange and five Stellar-integrated wallets. дальше »
2021-2-3 22:49 | |
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Analyst: Hodlers will be this year’s biggest Bitcoin gainers
“HODLing”, a crypto-lingo used to mean “holding on for dear life” has been cited as the most beneficial method for cashing out big on Bitcoin. The wobbly movement of the cryptocurrency market is known to ignite different trends at any given time. дальше »
2021-1-19 09:58 | |
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S2F Creator: Bitcoin Has Yet To Reach “Point of No Return”
After shaking off the worst selloff in months without a scratch, the current Bitcoin uptrend seems completely unstoppable. Despite the incredible momentum that took the cryptocurrency from $10,000 to $40,00o in a flash, the creator of the world’s most cited valuation model says the asset has yet to reach the “point of no return. дальше »
2021-1-14 18:30 | |
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Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple
Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U. дальше »
2021-1-14 15:15 | |
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TRON (TRX) wants NY Federal Judge to dismiss ICO lawsuit
The Tron Foundation has filed a motion, asking the New York federal judge to dismiss the lawsuit from plaintiffs who alleged violations during the company’s $70 million ICO in 2017. According to the Tron Foundation, the allegation cited in the class action lawsuit is “fatally flawed. дальше »
2020-12-18 13:48 | |
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Bitcoin Veterans Dump Long-Term Holdings as Price Nears $20K
Traders who have held Bitcoin for more than 155 days are selling their stash as its price eyes $20,000, a Glassnode study revealed. ASOL (Please Don’t Read it Loud) The on-chain analysis platform cited Average Spent Output Lifespan (ASOL), a barometer to gauge the average age of coins that have been transacted. The metric’s higher […] дальше »
2020-12-4 22:17 | |
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On-Chain Analyst Says Bitcoin Could Hit $200,000 in 2021
According to Willy Woo, a prominent on-chain analyst, Bitcoin is likely going to move toward $200,000 to $300,000 in the coming year. He cited a technical price model that has accurately predicted some key inflection points in Bitcoin’s price history. дальше »
2020-12-3 13:00 | |
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Analyst Who Predicted Bitcoin’s 2018 Lows Says Another Drop Is Likely
Bitcoin has undergone a strong drop since the highs of $19,500 seen last week A historically accurate analyst says that further losses are likely for the cryptocurrency The analyst shared a chart showing that Bitcoin is likely in the midst of trading in a dead cat bounce prior to further losses He cited the Elliot Wave form of technical analysis, which predicts that markets move in predictable waves. дальше »
2020-11-29 02:59 | |
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Nouriel Roubini Slams Bitcoin After Initially Calling It a Partial Store of Value
Dr. Nouriel Roubini, a notorious Bitcoin critic, and economic analyst has yet again cautioned institutions and retailers against investing in the digital currency. He cited the recent drop in the price of the coin and the fact that it is too volatile to be useful as a store of value. дальше »
2020-11-28 22:00 | |
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Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector
According to the country's central bank governor, Riad Salameh, Lebanon is set to debut its own Central Bank Digital Currency (CBDC) in 2021. Bloomberg, which reported on this development, cited a Lebanese state-run News Agency, noting that the Mediterranean island plans to make the paradigm shift due to transitioning to cashless networks and restoring confidence […] The post Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector first appeared on BitcoinExchangeGuide. дальше »
2020-11-12 22:35 | |
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Cardano’s Ouroboros paper is the 2nd most cited academic paper about cryptocurrencies and blockchain
“Ouroboros: A Provably Secure Proof-of-Stake Blockchain Protocol” has made it to the topmost cited security papers list. The post Cardano’s Ouroboros paper is the 2nd most cited academic paper about cryptocurrencies and blockchain appeared first on CryptoSlate. дальше »
2020-10-19 19:00 | |
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A “Tsunami” Of Institutional Investors Is Coming Following Square’s $50 Million Investment In Bitcoin, Tyler Winklevoss Predicts
On October 8, Jack Dorsey’s Square Inc. announced that it had purchased approximately 4,709 BTC worth $50 million. Square even explained in detail how they bought the bitcoins over-the-counter via a liquidity provider that services CashApp in a bid to help others who might want to do the same. The firm cited: “We negotiated a […] дальше »
2020-10-10 14:32 | |
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Expect a Short-term Setback in Bitcoin Market, Asserts OKCoin Exchange
Bitcoin is bracing for a bearish impact in the short- to medium-term, according to OKCoin. The San Francisco-based cryptocurrency exchange cited data from IntoTheBlock, a blockchain intelligence platform, that painted Bitcoin’s two out of seven on-chain fundamentals as bearish – and the rest as neutral. дальше »
2020-10-7 08:33 | |
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Willy Woo on Regulatory Sweep: This Is One of Those ‘Herd Is Coming’ Events
Now that BitMEX has a target on its back, there is a cloud of uncertainty surrounding one of the leading cryptocurrency exchanges. According to widely cited on-chain market analyst Willy Woo, however, the latest regulatory and criminal crackdown could pave the way for the herd to finally arrive in the cryptocurrency space. дальше »
2020-10-4 20:00 | |
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Derivative Volumes Hit Record High in August as Bitcoin Surged to $12,000
Crypto derivatives volumes high record levels last month as Bitcoin rose to $12,000 and the broader crypto market saw massive gains, according to a report cited by Coindesk. Derivatives Hit Record Volume Data compiled by on-chain analytics firm CryptoCompare showed crypto derivative volumes rose 54% to more than $710 billion in August, the firm saidRead MoreRead More. дальше »
2020-9-9 23:00 | |
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Bitcoin Analyst Who Accurately Foresaw Feb Crash Says $9.8K is Next
Bitcoin is going to fall to $9,800, according to a pseudonymous analyst. The prominent daytrader cited the formation of a Head and Shoulder pattern behind his bearish analogy. In retrospect, H&S is a technical pattern described by three peaks. дальше »
2020-9-3 10:25 | |
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Stock Trader Dave Portnoy Dives Into Bitcoin, Only to Panic-Sell After Chainlink Plunges
High profile stock trader Dave Portnoy has panic sold his bitcoin one week after he got into cryptocurrency. He cited the falling price of chainlink, another of his crypto investments, as the main reason. дальше »
2020-8-23 23:30 | |
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‘Ripple Has Absolutely No Plans To Reset Our Strategy’, CEO Garlinghouse Responds To Critics
The New York Times has long been viewed as the newspaper of record in the United States. A reporter at the publication, Nathaniel Popper, recently cited a scathing article about Ripple by the Financial Times, titled “With $16bn in cryptocurrency, Ripple attempts a reset”. дальше »
2020-8-15 17:46 | |
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Why Grayscale CEO Barry Silbert Believes A U.S. Bitcoin Ban Won’t Be Coming At All
The chances of the U. S. banning Bitcoin are close to zero according to Grayscale CEO Barry Silbert, who cited “enough support” in Washington D. C. that deems the world’s first cryptocurrency has the right to exist. дальше »
2020-7-20 13:05 | |
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An Infamous Bitcoin Whale Just Resurfaced — and He’s Got a Bone to Pick
In May, after building a following of tens of thousands by making millions trading Bitcoin, “Joe007” threw in the towel. At the time, the pseudonymous trader cited his inability to “afford Twitter. дальше »
2020-6-29 23:00 | |
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ETH Price $232, Vitalik Buterin Says Ethereum’s Supply Is 40M Lower Than Originally Expected
Coinspeaker ETH Price $232, Vitalik Buterin Says Ethereum’s Supply Is 40M Lower Than Originally ExpectedThe prediction cited by Buterin was anticipating a supply of 150. 8 million Ethereum five years out. дальше »
2020-6-18 15:15 | |
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When Bitcoin Flashed This Signal in 2015, It Rallied 4,000%. It’s Back Again
With Bitcoin failing to break past the highs it established earlier this year, there have been some commentators seriously considering a steep correction. Ross Ulbricht, the founder of the Silk Road and one of the cryptocurrency’s earliest adopters, postulated that there’s a serious chance Bitcoin could revisit the $3,000s and maybe even lower. Ulbricht cited […] дальше »
2020-6-17 03:00 | |
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Blockchain-friendly bank chooses USDC over Ripple and XRP for cross-border payments
A leading crypto-friendly European bank, Bank Frick has announced it is replacing interbank payment facilitator SWIFT with Circle’s Stablecoin, USDC. The bank based in Liechtenstein cited the speed of transactions for its decision as it is trying to speed up USD payments. дальше »
2020-6-10 21:05 | |
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Western Union Makes An Offer To Purchase Ripple-Partnered MoneyGram – What It Means For XRP
According to a recent report by Bloomberg, Western Union, and Ripple’s cross-border payments partner MoneyGram could be merging in the near future. The report cited a source familiar with the matter who stated that Western Union has made an offer to buy MoneyGram. дальше »
2020-6-3 17:04 | |
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