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Bitcoin (BTC)

Bullish Crypto Exchange in Talks of Going Public via SPAC Merger

Sources said the Bullish SPAC merger agreement could be reached as soon as a few weeks from now.Bullish, a cryptocurrency exchange platform, is in talks about going public via a SPAC merger with Far Peak Acquisition Corp (NYSE: FPAC). The deal could value Bullish at up to $12 billion according to anonymous sources. However, this figure will be largely dependent on Bitcoin’s price at the time of the launch.Sources also said the Bullish SPAC merger agreement could be reached as soon as a few...

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Hedgeye Analyst Develops Model Validating S2F with $1M Bitcoin Price Target

Besides this predictive Bitcoin tool, Hedgeye also has a quantitative Bitcoin dashboard called the “Bitcoin Trend Tracker.”Hedgeye analyst Josh Steiner has developed a model in which he drew on the fundamental analysis of the Stock-to-Flow model of Bitcoin (BTC) in comparison with other factors, to project a $1 million price for Bitcoin before the end of this decade. Hedgeye Risk Management is an investment research and financial media company based in Stamford, Connecticut, and specializes...

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Coinbase Approved to Enter Cryptocurrency Market of Japan

At the beginning of the year, as the rest of the world was enjoying a crypto boom that begun in 2020, things had slowed down for Japanese cryptocurrency investors.Coinbase has been given the go-ahead to operate crypto activities in Japan. The digital assets company has been allowed to indulge in 5 cryptos including Bitcoin, Ether, Litecoin, Bitcoin Cash, and Stellar Lumen. The highest Japanese regulator for financial services also called the Financial Services Agency (FSA) said that Coinbase...

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BadgerDAO & DefiDollar bring Interest-Bearing Bitcoin To The Polygon Network

[PRESS RELEASE – Singapore, Singapore, 23rd June 2021] BadgerDAO & DefiDollar proudly announce the launch of interest-bearing Bitcoin DeFi solutions to the Polygon network. This marks another impressive milestone for decentralized finance solutions involving Bitcoin. BadgerDAO has focused a lot of its attention on enabling native Bitcoin support for decentralized finance. The world’s leading cryptocurrency is incompatible with this concept at its core due to its minor...

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A Major Crypto Scam in South Africa? Two Brothers and 69,000 BTC Have Vanished Together

The cryptocurrency investment company in Cape Town, South Africa – Africrypt – allegedly stole nearly 70,000 bitcoins. The two brothers Ameer and Raees Cajee, who are the founders of the firm, have disappeared. The Biggest Crypto Scam in South Africa Bloomberg reported that the customers of the South African trading venue – Africrypt – became victims of a major bitcoin scam, in which 69,000 coins mysteriously vanished. With today’s prices, this substantial amount is worth...

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EOS Price Analysis: Key Breakout Zone Forming Near $4

EOS seems to be forming a decent support base above the $2.00 level against the US Dollar. The price is still trading well below $4.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to remain in a bearish zone unless there is a clear break above $4.00 and $4.20. EOS price is struggling to recover above $3.80 against the...

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Litecoin (LTC) Price Analysis: Bulls Facing Uphill Task Near $140

Litecoin price started an upside correction from the $105 support against the US Dollar. LTC price is still trading well below $140 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $135 and $140 to start a fresh increase in the near term. Litecoin price is struggling to gain pace above $130 against the US Dollar, unlike...

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Kraken CEO and Elon Musk Duke It Out on Social Media

Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – and Jesse Powell – the CEO of popular cryptocurrency exchange Kraken – are duking it out on Twitter, and the bitcoin price is taking it hard. Elon Musk and Jesse Powell Go Head to Head The fight began when Powell called out Musk over recent comments regarding the bitcoin mining process. Elon Musk had originally stated a few months ago that he would permit bitcoin...

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What is Going on with Garlicoin?

Garlicoin has a max supply of 69 million GRLC and no inflation. All the coins are unlocked by miners, and the rewards are halved every 690,000 blocks.From a cryptocurrency valued under 1 penny, Garlicoin is running toward 1 dollar and more, and almost nobody knows where it came from. At least not yet.Believe it or not, Garlicoin is a memecoin started in 2018. It is as much of a memecoin as Dogecoin is. A community of Reddit users thought it would be funny to create a cryptocurrency inspired...

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Mark Cuban Loses Money on New Stable Coin Project

Mark Cuban seems to have been a crypto fan for some time. Recently, he praised both bitcoin and Ethereum and claims to hold a substantial amount of both. However, one of the more recent coins to receive backing by the billionaire investor has tanked big time, and as a result, Cuban is stepping in and calling for clearer regulation regarding stable currencies. Mark Cuban Has Taken a Crypto Hit At press time, it is unknown which stable currency garnered Cuban’s attention,...

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