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Reddit’s WallStreetBets Traders Did Not Pump Silver and XRP, So Who Did?
As the market opened on Feb. 1, 2021, precious metal futures jumped 10%, almost breaching $30 per ounce. So who is behind silver’s sudden and meteoric price rise? Will other stocks, commodities, or even cryptocurrencies see similar price booms? Multiple news outlets, including Bloomberg, have associated silver’s meteoric rise with so-called anti-establishment redditors. дальше »
2021-2-4 19:40 | |
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Average Ethereum Fees in USD Hits New Highs; ETH Price & DeFi Tokens Launch into the Sky
It’s not just the price of Ether that hit a new all-time high at $1,700. The cost of using the network has skyrocketed as well, with the average transaction fee making yet another peak at $20. 63, as per Blockchair. дальше »
2021-2-4 17:43 | |
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Guggenheim CIO Back to Pumping Bitcoin with Even a Higher Target; SEC Filing to Buy GBTC is Effective
Much like last time, Guggenheim chief investment officer, Scott Minerd, calls for a fundamental research-based price target, which is 50% higher than his previous $400,000 per BTC. Minerd, in his interview with CNN’s Julia Chatterley, said, “We have done a lot of fundamental research. дальше »
2021-2-4 20:02 | |
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MicroStrategy Buys 295 More BTC for $10M, Now Owns 71,079 BTC Worth Over $2.4B
Fortune 500 business Intelligence Company and one of Grayscales’ biggest customers, MicroStrategy has bought 295 BTC for $10 million at an average price of $33,808 per BTC. The purchase brings the total number of BTC owned by the company to 71,079 BTC worth over $2. дальше »
2021-2-2 20:16 | |
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Interest in Buying Crypto Has Never been This High
People are just as interested in searching for “how to buy crypto” and DeFi as per Google Trends. The post Interest in Buying Crypto Has Never been This High first appeared on BitcoinExchangeGuide. дальше »
2021-2-2 18:02 | |
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MicroStrategy announces additional purchase of 295 Bitcoins for $10 million
Business intelligence firm MicroStrategy acquired additional Bitcoin worth about $10 million in cash on 2 February. The company made the purchase at an average price of approximately $33,810 per BitcThe post MicroStrategy announces additional purchase of 295 Bitcoins for $10 million appeared first on AMBCrypto. дальше »
2021-2-2 17:31 | |
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Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy
This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. дальше »
2021-2-2 02:15 | |
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Tron’s Justin Sun Vows to Buy $10 Million in GameStop Stock
Beincrypto reported on Tuesday that the subreddit group r/wallstreetbets orchestrated a short squeeze that sent GameStop’s stock price to an all-time high of $492 per share on Thursday. According to the Robinhood website, the firm restricted certain securities to “closing positions only” due to “significant market volatility. дальше »
2021-1-30 22:52 | |
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Guggenheim CIO: Bitcoin’s Investor Base Not Big or Deep Enough to Support Current Valuation
Scott Minerd’s bearish calls started coming right after BTC hit ATH at $42k, less than a month after he called for $400k per BTC when Bitcoin was at $19k. Most importantly, his firm’s filing with the SEC to invest in Bitcoin won’t get effective until Jan. дальше »
2021-1-28 18:40 | |
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Different Approaches to Real Estate on Blockchain
Real estate is one of the most valuable asset classes out there. As per Savills, the global commercial and residential property is worth $228 trillion. Despite being worth so much money, it’s a notoriously old-fashioned space that’s stubbornly refusing to evolve to the modern age. дальше »
2021-1-28 13:50 | |
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Institutions Buy the Dip As A Record $1.31 Bln Investment Flows into Crypto Funds
Institutions took advantage of the dip as a record $1. 31 billion investment flowed into cryptocurrency funds and products last week, as per CoinShares Report. However, the decline in prices saw total assets under management (AUM) in the industry sliding to $29. дальше »
2021-1-26 16:16 | |
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Age of ILCOIN: A Revolution in The Merger of VR With Blockchain-Based Gaming
Gaming is the fastest-growing form of entertainment in the world with revenues increasing globally at around 9. 7% per year. Video game revenues totaled $139 billion in 2019, and the market is estimated to be worth nearly $200 billion by 2022. дальше »
2021-1-25 19:15 | |
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Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses as well. Currently, as digital […] дальше »
2021-1-22 18:40 | |
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Canadian firm Hut 8 finalizes $11.8 million loan for new Bitcoin mining machines
Bitcoin mining company Hut 8 has finalized a loan to purchase 5,400 units of MicroBT's mining equipment, which will increase the firm’s capacity to mine Bitcoin by 475 petahashes per second (PH/s), The post Canadian firm Hut 8 finalizes $11. дальше »
2021-1-22 17:00 | |
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Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s
Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. дальше »
2021-1-22 11:30 | |
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President Joe Biden Freezes Former Secretary Mnuchin’s Proposal on ‘Unhosted’ Crypto Wallets
President Joe Biden is in full work mode right from the day of his inauguration as he froze all agency rulemaking pending further review, as per the memorandum published on Jan 20, 2021. The good thing for the cryptocurrency market is that it includes the proposal made by former Treasury secretary Steve Mnuchin on “unhosted […] The post President Joe Biden Freezes Former Secretary Mnuchin’s Proposal on ‘Unhosted’ Crypto Wallets first appeared on BitcoinExchangeGuide. дальше »
2021-1-21 16:37 | |
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Ethereum Could Touch $10,500 After Crypto Rises to Record High: Fundstrat Global
Fundstrat Global Advisors strategist David Grider predicts that the price of ethereum could rally to $10,500 per unit after the cryptocurrency set a new all-time high on Tuesday. The estimate implies a near 700% upside on the current ether price hanging above the $1,300 range. дальше »
2021-1-21 08:45 | |
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Career Trader Subtly Hints Of Bitcoin Parabola Breakdown With Fractal Diagram
Bitcoin has fallen below $35,000, and while given the asset’s recent highs sounds like a sizable correction, the price per BTC is still nearly 1000% higher than where it was less than one year ago. дальше »
2021-1-21 04:00 | |
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Adult Entertainment Site, PornHub, Adds Support for XRP, BNB, USDC & DOGE
Giant adult entertainment platform, Pornhub, is expanding its payment options for its customers after adding support for four other cryptos: USDC, BNB, XRP, and DOGE. The popular adult content website with approximately 120 million visitors per day will accept premium subscriptions using the four virtual coins. дальше »
2021-1-21 00:15 | |
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Hive Blockchain Purchases 6,400 Bitcoin Miners From Canaan; Aims to Hit 2021 Goal
Hive Blockchain, the Vancouver listed crypto mining firm, has announced the purchase of 6,400 Avalon Miner 1246 machines from Canaan Creative. This new purchase is part of its 2021 goal to scale its mining capacity beyond 1,000 Petahash per second (PH/s). дальше »
2021-1-21 23:25 | |
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Long Bitcoin Replaces US Tech Stocks as the Most Crowded Trade in January: BofA Survey
The long position in Bitcoin has now overtaken “long tech” as the most crowded trade in January, as per the trade fund managers, revealed the Bank of America's monthly and manager survey on Tuesday. дальше »
2021-1-19 16:57 | |
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2021 Is Bitcoin’s Year: How to Get in on the Digital Gold Rush
Everyone’s pinning their hopes on this new year to bring good fortune, and for Bitcoin traders, it couldn’t be a better beginning. January saw BTC soar to dizzying new heights of up to $40,000 per coin. дальше »
2021-1-19 11:53 | |
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Ethereum Transactions ‘Go Parabolic’ as Price Closes in on All-Time Highs
According to the latest data from Messari, Ethereum transactions have spiked in January to a record $12 billion. This figure is a rolling 30-day average which lifted off around New Year’s Day. Researcher Ryan Watkins described the trend as ‘going parabolic’ adding that Ethereum now settles $3 billion more than Bitcoin per day. дальше »
2021-1-19 09:24 | |
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Bitcoin Upgrades, Preparing for a Private Future
The Bitcoin Core 0. 21. 0 is now live as per an update on Jan 15. Setting a Secure and Private Foundation for Bitcoin The latest iteration of Bitcoin’s implementation introduces several changes setting the foundation for a more secure, private, and robust network. дальше »
2021-1-16 13:00 | |
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BiC’s Crypto Video News Show – BTC Liquidity Crisis: What You Need to Know
Bitcoin’s popularity, coupled with the entrance of institutional and enterprise investors, is driving up demand. Overall corporate demand is more than double the entire monthly amount of bitcoin created per month. дальше »
2021-1-16 00:38 | |
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Bitcoin Donations Made to Those Involved in Capitol Riot a Month Prior: Chainalysis Report
Alt-right groups and figures, including internet personality Nick Fuentes involved in last week’s Capitol riot, received “large Bitcoin donations,” as per compliance and investigation software provider Chainalysis. дальше »
2021-1-16 00:28 | |
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Why Bitcoin Trading Below $28,000 Is Nearly Impossible
Time and time again, analysts use market maturation as yardsticks for where Bitcoin is headed. Sometimes these indicators are used to set the bar on the levels Bitcoin is unlikely to trade at. Per reports from last week, a popular analyst placed the bar at $20,000; a price mark that Bitcoin only managed to attain […] дальше »
2021-1-14 14:05 | |
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Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High
The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171. 2 exahash per second (EH/s) on Monday. дальше »
2021-1-14 04:30 | |
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Recent Bitcoin FOMO Sends Lost Key Holders Scrambling, Losing Sleep
Bitcoin price recently doubled its former peak and set a new high above $40,000 per coin. The feat put the cryptocurrency back in the headlines as investors celebrated their success. But it isn’t a happy story for all Bitcoin holders, many of them who have lost coins over the years. дальше »
2021-1-12 18:30 | |
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Aggressive Demand for Stablecoins Has Tether Printing 3.4 Billion USDT in Jan. 2021 So Far
Tether’s market cap is ready to breach $25 billion. At the beginning of this year, the market cap of Tether was just over $21 billion, and at the start of Dec. , it was $19. 1 billion, as per CoinGecko. дальше »
2021-1-12 17:53 | |
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NEO outperforms the market despite the crypto sector crash
Even though almost every single non-stablecoin cryptocurrency in the top50 (ranked by market capitalization) posted double-digit losses, NEO managed to stay relatively strong and dip just a couple per cent on the day. дальше »
2021-1-11 20:31 | |
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Bitcoin at $300,000 Options Contract Added on Deribit for EOY
Forget 100k, $150k, or even $200k; the market now wants to bet on $300,000 per BTC by the end of this year. On Friday, cryptocurrency derivatives platform Deribit announced the addition of the latest Bitcoin options contracts at a $300k strike price with an expiry of December 2021. дальше »
2021-1-9 17:42 | |
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Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’
Bitcoin’s price continues to move northbound, as the crypto asset’s value has touched another all-time high (ATH) this week reaching $41,970 per coin on Friday morning (EST). The digital asset bitcoin is now the 7th most valuable asset worldwide with an overall market valuation of around $778 billion today. дальше »
2021-1-9 18:12 | |
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Don’t Sell Your Bitcoin and Ethereum on RSI Warnings: Analyst
A recent volatile run-up in the Ethereum and Bitcoin markets has exceeded their value into “overbought” regions, as per Relative Strength Indicator (RSI). In retrospect, the RSI is a momentum indicator that measures the magnitude of recent price changes in an asset to determine its overbought or oversold conditions. Displayed as an oscillator, it can […] дальше »
2021-1-9 16:26 | |
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Cardano Price Analysis - Transactions per day and active addresses hit new all-time highs
A quick comparison between coins using a staking mechanism shows ADA first in market cap, total daily transaction volume, and git commits on all repos over the past year. ADA is near the front of the pack in totally daily fees and in the middle regarding transactions per day, and daily active addresses. дальше »
2021-1-9 14:01 | |
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South Korean Government to Start Taxing Crypto Trading Profits in 2022
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will be enacted in February, and profits from […] дальше »
2021-1-9 13:15 | |
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