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Bitcoin (BTC)

Portal Raises $8.5M to Bring Bitcoin-based DeFi to Users Backed by Coinbase Ventures and Others

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Following Bitcoin’s Drop, Addresses in Profit Slumped From 82% to 70%

Bitcoin’s most recent downturn also took a toll on the addresses that are in profit – they decreased from 82% to 70% in less than a couple of days. As CryptoPotato reported yesterday, the entire cryptocurrency market tumbled following a broader collapse of stocks throughout the world amid rising debt crunch fears in China. This saw over $800 billion worth of both long and short positions liquidated, and Bitcoin’s price tumbled to as low as $40,200 earlier today. The sharp...

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Bitcoin, Ether Join Crypto Market Rebound from Global Selloff Triggered by Evergrande

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New Yorker Immobilienfirma akzeptiert jetzt Bitcoin

Für viele ist Bitcoin nur eine Investmentmöglichkeit. Vor allem in Zeiten von steigenden Inflationsraten bietet der BTC eine Alternative, die im Wert steigt. Eine New Yorker Firma ermöglicht nun den Kauf von Immobilien mit Bitcoin, wodurch der BTC weiter an Funktionalität gewinnt. Bitcoin News: New Yorker Immobilienfirma akzeptiert jetzt BitcoinDie Firma hat seine Immobilien Käufern weltweit geöffnet, so dass theoretisch auch deutsche Investoren ihre BTC mit dieser Firma in harte physische...

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Cardano (ADA) Price Analysis: Support Turned Resistance Near $2.30

ADA price started a sharp decline from the $2.60 zone against the US Dollar. The price is now trading below $2.50 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $2.35 on the 4-hours chart (data feed via Bitfinex). The price could remain in a bearish zone as long as it is below the $2.35 resistance zone. Cardano price is down over 10% and it broke the $2.20 support against the US Dollar, similar to bitcoin....

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Steve Hanke Says BTC’s Fundamental Value is Zero, But Is It?

The prominent economist – Steve Hanke – once again revealed his negative stance on bitcoin. According to him, the primary cryptocurrency is highly volatile, uncertain, and has a “fundamental value of zero.” Is BTC Really ‘Snake Oil?’ Steve Hanke – Professor of Applied Economics at the John Hopkins University – took it to Twitter to warn investors to stay away from bitcoin. The 78-year-old American – who is a well-known cryptocurrency critic – does not see the leading digital...

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Lawmakers Pressure Gary Gensler to Establish New Crypto Rules

Gary Gensler and the Securities and Exchange Commission (SEC) are really feeling the heat when it comes to developing new regulations surrounding the bitcoin and blockchain spaces. The agency is now working “overtime” as CNBC puts it to establish a new set of crypto-related rules designed to pause volatility and potentially keep traders (and their money) safe. Gary Gensler Is Now Under the Gun Gensler has commented in a recent statement that while he wants the space to...

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Citibank Report: Crypto Is Redefining The Entire Payment Ecosystem

Cryptocurrencies are redefining the entire payment infrastructure, says a new report from multinational Citibank. It added that digital assets have expanded from being merely an “internet novelty” to becoming a two-trillion-dollar market. What Can Organizations Do to Embrace Crypto? The report offers a blueprint for organizations considering adopting cryptocurrency payments or simply investing in such assets as a store of value, outlining three key aspects they should...

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El Salvador Is Still Experiencing Digital Wallet Issues

El Salvador is reporting that more than half a million residents are using the new Chivo wallet system, which is designed to assist in the country’s rollout of bitcoin as an official legal tender. El Salvador Doesn’t Have Much to Brag About This would be fine and dandy except for one thing… El Salvador has more than 6.5 million residents. Thus, many individuals are either still not trusting bitcoin enough to use the wallet, or there are too many problems with the...

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Altcoins Are Spiking Like Mad, and This Has Analysts Worried

As altcoins spike heavily in recent weeks, many analysts and crypto heads are worried that the digital currency space is heading into dangerous territory similar with what it saw last May. Altcoins Are All the Rage Right Now About four months ago, the digital currency arena saw many assets spiking unexpectedly. Bitcoin, for example, had just reached a new all-time high of approximately $64,000 per unit, while Ethereum also hit a new peak of about $4,000. Many altcoins...

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