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How Filecoin is up 50% in a week and could take more profits.

After a week of significant gains, Filecoin (FIL) is shaping up to become one of the biggest earning cryptocurrencies of the month. Journalist Colin Wu has recorded increasing interest in the cryptocurrency and its file-sharing platform: Filecoin surpassed $100, benefiting a large number of Chinese miners and investors. origin »

Investors Pump Millions into The NFT Market, Analysts Debate – Good Or Bad Investment?.

Over the past few months, there’s been a boom in demand for non-fungible tokens (NFTs) in tandem with the growing cryptocurrency market. However, this rise in demand has not gone unnoticed as venture capital firms have poured over $90 million in NFT projects so far this year representing a sharp 150% increase from NFT projects’ […] The post Investors Pump Millions into The NFT Market, Analysts Debate – Good Or Bad Investment? first appeared on BitcoinExchangeGuide. origin »

What’s Sushiswap cooking? Holders prepare for upside move.

Decentralized exchange Sushiswap has not lagged behind Uniswap Labs’ v3 announcement. In an official post, they have introduced new products called BentoBox and Kashi Lending. Now, users of the platform have a new tool to maximize their earnings: BentoBox is a vault, serving as a decentralized “App Store” where you can deposit assets within to […] origin »

Pizza Day 2.0: Buying A Tesla With Bitcoin Could Be A Mistake.

Bitcoin price has seen some serious volatility ever since Elon Musk revealed on Twitter that his company Tesla would begin accepting Bitcoin as a form of payment. Almost immediately, the social media platform was filled with screenshots of those filling orders, but these eager buyers ready to exchange their coins could end up living with […] origin »

DragonFly Capital Launches $225 Million Crypto Fund.

Crypto fund DragonFly Capital announced the launch of a new $225 million fund to invest in projects across the crypto space. Following the success of the original $100 million fund kickstarted in late 2018, the Dragonfly Fund II will target four potential areas: decentralized finance (DeFi) protocols, non-fungible token projects, Ethereum Layer 2-based businesses, and centralized finance (CeFi) platforms. origin »

‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets.

Decentralized Finance (DeFi) continues to attract not just degens and crypto enthusiasts, but as we have been seeing, government authorities are also getting interested. As we reported recently, the US Federal Reserve published a paper on DeFi, and now the Fed is interested in knowing more about the revolutionary and burgeoning sector that, according to […] The post ‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets first appeared on BitcoinExchangeGuide. origin »

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Bitcoin (BTC) price prediction for April.

Bitcoin (BTC) price has rallied nearly 7% today to return to trade around the $55,000 handle.  Fundamental analysis: Fidelity to launch Bitcoin ETF to grow its digital asset operations Fidelity Investments is gearing up for the launch of its own Bitcoin exchange-traded fund as a part of the company’s drive to grow its digital asset […] The post Bitcoin (BTC) price prediction for April appeared first on Invezz. origin »

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Top South Korean bank set to offer services to local crypto exchanges.

The BNK Busan Bank, a renowned South Korean bank, is planning to offer banking services to local crypto exchanges. The bank unveiled this news through an official announcement on March 23, noting that it had decided to test the crypto waters ahead of the implementation of changes to the Specific Financial Information Act on March […] The post Top South Korean bank set to offer services to local crypto exchanges appeared first on Invezz. origin »

Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law.

Two bills relating to the taxation of the commercial mining of cryptocurrency have been signed into law this week by the Kentucky governor. As per the bill, a new section of KRS 139 has been created, which defines various terms relating to commercial mining of cryptocurrency using blockchain technology and provide sales and use tax […] The post Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law first appeared on BitcoinExchangeGuide. origin »

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Launch of CBDCs will Lower Bitcoin Demand, Says Bank of Korea Governor.

The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More origin »

More Gains for Bitcoin Ahead as Natixis Predicts Dollar Declines.

The starting point for the Bitcoin market’s recent declines is the prospect of faster-than-expected economic growth in the United States, thanks to the extreme fiscal expansion and a recent rebound in job growth to pre-pandemic levels, which has boosted the bond yields and, in turn, accelerated demand for the US dollar in foreign markets. But […] origin »

'Meaningful' Bitcoin position is a requisite for this!.

Co-Chief Investment Officer, and Senior Portfolio Manager SkyBridge Capital, Troy Gayeski believed that holding a “meaningful Bitcoin position” may be key to a "good to great" year. In a recent inThe post 'Meaningful' Bitcoin position is a requisite for this! appeared first on AMBCrypto. origin »

Bitcoin Price Analysis: 27 March.

Bitcoin's price has become used to registering new ATH almost every fortnight. However, in the past week, the coin was subjected to increased bearish pressure which ended up dropping the price close tThe post Bitcoin Price Analysis: 27 March appeared first on AMBCrypto. origin »

XRP Price Analysis: 26 March.

XRP whales were in accumulation mode, concluded experts upon analysis of XRP on-chain data. Data from Santiment highlighted that XRP has been a steady presence on their emerging trend page. With regarThe post XRP Price Analysis: 26 March appeared first on AMBCrypto. origin »

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