Bitcoin price started a downside correction from well above the $64,000 zone against the US Dollar. The price is now trading below $62,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $63,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below $59,500. Bitcoin price is back below the $62,000 pivot level against the US Dollar....
Read More »JPMorgan: Bitcoin Is Big Only Due to Inflation
Bitcoin has risen to $66,000 per unit over the past few days. The currency is trading higher than it ever has in roughly 12 years, and everyone seems to be ogling the asset that at one point was considered a bubble and a tool for crime. Bitcoin Is Helping People Cope with the Wounds of Fiat As of late, there is plenty of speculation regarding what could have made bitcoin surge in such a way. Some believe it’s the fact that a bitcoin-based exchange-traded fund (ETF) is...
Read More »PayPal’s Peter Thiel Wishes He Had Bought More BTC
Peter Thiel feels he underestimated bitcoin. The world’s number one digital currency by market cap recently hit a new all-time high of approximately $66,000, though the asset is now down by a few thousand and trading for just over $62,000. Peter Thiel Wishes He Had Invested More in BTC Either way, Thiel implied in a recent interview that he wishes he had gotten more involved with the cryptocurrency and added more units to his portfolio, and he thinks the opportunity to...
Read More »Bitcoin Price Analysis: After Finding Support at $60K, Is BTC Ready for a Breakout?
The near-term pullback managed to find support at $59.5K and successfully held $60K on a daily closing basis. The significant rally with elevated open interest, high funding rates, and leverage ratios were all signals of caution. The open interest has been consolidating around $14.3 billion, and the funding rate also cooled down to neutral levels. The leverage ratio remains elevated, and it hit a recent high of .19 which is near the November 2020 peak. Chart by...
Read More »Worldcoin: Das nächste Bitcoin?
Worldcoin: Eine neue digitale Währung, welche beim Start fair verteilt wird. Es gab schon einige derartige Versuche und gerade dann, wenn vom ’nächsten Bitcoin‘ oder dergleichen die Rede ist, dann hatten sich diese Projekte stets als eine Art von Scam herausgestellt. Meist waren es billige Marketing-Tricks, um beispielsweise an möglichst viele Email-Adressen zu gelangen, sogenanntes Data Mining (Initiative Q lässt grüssen). Und nun ist es also...
Read More »Shiba Inu: Elon Musk ist kein Fan des Dogecoin-Konkurrenten
Shiba Inu: Elon Musk ist kein Fan des Dogecoin-Konkurrenten Am 24. Oktober konnte der Meme Coin Shiba Inu (SHIB) ein neues Allzeithoch bei 0.00004432 US-Dollar verzeichnen. Die Freude hierüber hielt jedoch nicht lange, da der Coin danach eine rasante Talfahrt hinlegte. Doch was ist passiert? Der Kurs des Shiba Inu Coins legte am Wochenende kräftig zu. Am Höhepunkt der Rallye wurde Tesla Chef Elon Musk via Twitter gefragt, wieviele Coins er von Shiba...
Read More »Bakkt’s Stocks Surged 270% Following Partnerships With Mastercard and Fiserv
After outlining two new partners in its attempts to enhance cryptocurrency mass adoption, Bakkt’s stock prices went through the roof yesterday. This comes just a few weeks after ICE’s Bitcoin service arm became a publicly traded firm. CryptoPotato reported yesterday Bakkt’s collaboration with Mastercard. The latter plans to integrate digital assets into many of its products and tapped Bakkt to do so. Shortly after, news broke that ICE’s firm has also partnered with Fiserv – a...
Read More »Cardano (ADA) Price Analysis: Key Hurdle At $2.25
ADA price is struggling to clear the $2.20 and $2.25 resistance levels against the US Dollar. The price is now trading above $2.15 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.25 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $2.25 resistance zone. Cardano price is struggling below the $2.25 resistance against the US Dollar, unlike bitcoin....
Read More »Coinbase startet NFT-Marktplatz
Coinbase verwaltet 20 Milliarden US-Dollar Coinbase ist die jüngste Börse, die am NFT teilnimmt. Die Kryptowährungsbörse hat gerade eine Warteliste für den kommenden NFT-Markt angekündigt. Die Plattform heißt „Coinbase NFT“ und soll Nutzern die Möglichkeit bieten, NFT-Sammlungen zu prägen, zu kaufen und auszustellen. Der Umzug wurde Anfang dieses Jahres angekündigt – als das Unternehmen einen Krypto-App-Store eröffnen wollte. Also in jedem Fall, ein...
Read More »Neues Buch über den digitalen Euro
Neues Buch über den digitalen Euro Am 14. Juli 2021 stellte die Europäische Zentralbank EZB den digitalen Euro offiziell vor. In einem neuen Buch mit dem Titel „Der digitale Euro“ geht die UNO-Denkfabrik Diplomatic Council der Frage nach der Zukunft des europäischen Digitalgeldes nach. Hierzu heisst es: „Die Ankündigung erfolgte klammheimlich, mitten in der Corona-Pandemie, in der Urlaubszeit und während der Fussball-EM, um keine Aufmerksamkeit...
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