Ripple price gained traction and it rallied above $0.7500 against the US dollar. The price is now trading well above the $0.7500 resistance and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.7500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $0.7000 support zone. Ripple price is trading in a positive zone above $0.7500 against the...
Read More »Fidelity Purchases More Than 7% Stake in One of North America’s Biggest BTC Mining Firms
Fidelity Investments Inc. is now a major stakeholder in Marathon Digital Holdings, one of the biggest bitcoin mining firms in North America. Fidelity Investments Buys More Than 7% of Marathon At the time of writing, Fidelity has purchased a 7.4 percent stake in the crypto mining enterprise, thereby boosting the institutional presence that has grown so prevalent in the crypto world over the past few months. Since the end of last year, many institutional figures from...
Read More »Ray Dalio Likes BTC, But He Likes Gold Even More
Billionaire investor Ray Dalio clearly has a soft spot in his heart for bitcoin, but when it comes to gold, it looks like that soft spot gets even bigger. In a recent interview, Dalio was quick to claim that bitcoin is like a digital version of gold, but he still values the real thing over its digital counterpart. Ray Dalio: Gold Is a Better Choice In the interview, Dalio explains jokingly: If you would put a gun to my head and you said, ‘I can only have one,’ I would...
Read More »Brazil Launches Its First Eco-Friendly Bitcoin ETF (BITH11)
Brazil continues to make progress in creating new investment opportunities related to cryptocurrencies. This week, it launched a brand new Bitcoin ETF —with a green twist. Under ticker BITH11, the Hashdex Nasdaq Bitcoin Reference Price replicates the performance of the Nasdaq Bitcoin Reference Price Index. This would, in turn, be the second ETF available in Brazil offering 100% exposure to Bitcoin, competing against the QR CME CF Bitcoin Reference Rate or QBTC11 that was also...
Read More »Twitter’s Jack Dorsey Describes the Term “Broker” in Ongoing US Crypto Tax Bill Controversy
The controversy surrounding the cryptocurrency taxation bill that might be passed in the United States has evoked a mixed reaction from crypto proponents. While the debate is still ongoing, Jack Dorsey, a popular Bitcoin advocate and CEO of the popular microblogging platform, Twitter, has recently shared his views on the matter. In a series of tweets today, Dorsey noted that it would be unreasonable to force these reporting rules as some firms may not have the capacity to...
Read More »Ethereum Surges Following Upgrade Codenamed “London”
Ethereum is surging like crazy as of late. Many investors are piling into the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin after its newly scheduled upgrade took place. The upgrade is simply going by the codename “London” at the time of writing. Ethereum Is Booming! Over the past day alone, Ethereum has surged by more than eight percent. It appears the currency’s rally is allegedly helping its fellow altcoins, such as BNB –...
Read More »Bitcoin Long-Term Buy Indicator Just Flashed as BTC Faces Critical Resistance (Price Analysis)
BTC has continued to push up with impressive spot volume hitting an intraday high of $45.3k even during weekend trading. The cryptocurrency is now testing one of the most critical levels of resistance at the 200-day moving average. Successfully reclaiming this level will trigger a significant buy signal in technicals, likely encouraging large momentum traders and other market participants to enter the market, further adding to buying pressure in an already supply exhausted...
Read More »More Than Half of Consumers Want to Buy Goods with Cryptocurrencies: Survey
A recent survey informed that nearly 60% of the participants are willing to employ digital assets as a payment method for goods and services. Furthermore, two-thirds entered the cryptocurrency market with plans to use the tokens for transactions. Payments: Crypto Better Than Credit Cards The interactive platform for financial services – PYMNTS.com – and the bitcoin service provider – BitPay – surveyed over 8,000 American consumers to determine how they feel about using...
Read More »Bitcoin Suprasses $45K: Dogecoin Skyrockets 25% (Weekend Watch)
The weekend continues with impressive gains for bitcoin as the asset spiked above another coveted price line by reclaiming $45,000. Most altcoins are also well in the green, led by a massive surge from Dogecoin of over 25% in a day. Bitcoin Breaks Above $45K The positive developments in terms of USD price continue in the cryptocurrency market. The largest asset, bitcoin, has been on a roll since mid-July when it dropped below $30,000. Since then, though, the bulls have kept...
Read More »Cmondédié
Nouvel ajout à la liste des établissements français qui acceptent le bitcoin : Cmondédié, location de VPS ou de serveurs dédiés. En savoir plus : cmondedie.com Un paiement en bitcoin est irréversible. Il vous appartient de vérifier la réputation, le sérieux et la fiabilité de ce service avant toute transaction. ...
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