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Bitcoin (BTC)

Meetup Becrypto à Liège

Notre meetup de juillet 2021 est planifié pour le mercredi 28 à 19h00. Il se tiendra au Seven Bar (20 rue Souverain Pont – Liège), le quartier général des bitcoineurs liégeois qui a valeureusement résisté à l’assaut des eaux. Même des flots dévastateurs n’arrêteront pas Bitcoin ! Comme chaque année à la même période, les présentations sont en vacances et cèdent le pas aux rencontres, au réseautage...

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Bit Farms Finds Success As China Ends BTC Mining

With China suddenly exiting the bitcoin mining space, it looks like many other companies in regions such as Canada are beginning to take over. China Is Saying “Good Bye” to BTC Mining China has been adamant about ending its bitcoin mining presence over the past few weeks. Beijing recently issued a notice to all mining companies that to become a greener nation, all crypto extraction projects would no longer be allowed within the country’s borders. Thus, if they wished to...

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Grayscale Launches a DeFi Fund Consisting of Uniswap (UNI), Aave (AAVE), and Compound (COMP)

Grayscale announced the release of its latest product called Decentralized Finance (DeFi) Fund to enable institutional investors to receive exposure to assets from that particular space. Some of the tokens represented in the fund will be Uniswap (UNI), Aave (AAVE), and Compound (COMP). Launched in 2013, Grayscale has become the largest digital asset manager with nearly $30 billion of AUM as of now. While its flagship product tracks the performance of Bitcoin, the firm has...

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Ethereum Price Analysis: ETH Creates a Fresh Low for July, What’s Next

ETH/USD – Ether Creates Fresh July Low and Retests $1800 Support Key Support Levels: $1800, $1710, $1625.Key Resistance Levels: $1888, $2000, $2035 Ethereum is feeling the bearish pressure from the Bitcoin price drop as it sinks toward $1800 again. The coin failed to break resistance at the 50-day MA around $2340 earlier in the month and has been declining ever since. The bulls were battling to hold support around $1880 over the weekend, but today’s price drop pushed ETH as...

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Billionaire Hamish Douglass: The Cryptocurrency Bandwagon is Almost Like a Religion

The co-founder of Magellan Financial Group – Hamish Douglass – opined that the crypto market is one of the “greatest mass delusions in modern history.” To him, the whole idea behind the virtual assets looks like a religion that millions of people strongly believe in. The Crypto Crash Is Inevitable Hamish Douglass – co-founder and CEO of the Australian investment company Magellan Financial Group (MFG) – warned investors to beware of the cryptocurrency market. In a recent...

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NFT Five Collection Auction Was Being Held on the Global NFT Platform NFTBLUE From pm5 (PST) On the 17th.

The Hooranky NFT Five Collection auction was held on the global NFT platform NFTBLUE from PM5 (PST) on the 17th. – Starting price of $2,000,000– Current bid price is $2,655,000– Currency: Cryptocurrency (Bitcoin, Ethereum, etc.) For the first time as a Korean artist, an overseas NFT auction started with a massive amount of billions of dollars, and it currently bid for 2.65 million dollars. There are still 12 hours left until the auction. Artist Hooranky said. The arrival...

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Coinbase (COIN) Stock Down 2% in Pre-Market as Bitcoin Price Can’t Start Growing

Ark Invest has continued to double down its bet on Coinbase with several increased ETF positions in the last few weeks.Coinbase Global Inc (NASDAQ: COIN) stock was trading at around $219 (-2.67%) during Monday’s pre-market, a similar case has been observed in the crypto market, as Bitcoin continued to trade around $31k, down 1.13% according to Binance-backed Coinmarketcap.However, for some serial hedge fund managers, the dip continued to offer them an opportunity to stake more. Notably, Ark...

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Bitcoin ETF in the US a Matter of When, Not If: Says Grayscale CEO

Although the US Securities and Exchange Commission has failed to approve even a single BTC ETF application, the Grayscale CEO believes it’s a matter of “when, not a matter of if.” In a recent interview, Michael Sonnenshein also outlined that the current price correction has allowed long-term investors to accumulate more portions. BTC ETF: A Matter of When not if The topic of Bitcoin ETF has surged in popularity lately as Brazil and Canada already have multiple such products...

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Crypto Experts: Bitcoin (BTC) Will Replace Fiat by 2040

Nearly 50% of respondents in the survey expect Bitcoin to overtake global finance by 2040, calling it hyperbitcoinization. It will be interesting to see whether if Bitcoin can overtake the traditional financial market in the next two decades.The world’s largest cryptocurrency Bitcoin (BTC) has been constantly trading under pressure. Over the last week, BTC has lost 8% falling under its crucial support levels of $33,000. At press time, Bitcoin is trading at $31,321 with a market cap of $587...

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Investors like Ark Invest Pile In for Square amid Crypto Innovations

Notably, ARK also made another tangible investment into the shares of the only publicly listed crypto exchange Coinbase.Square’s recent announcement that it would be building a Bitcoin hard wallet plus the revelation made by its founder Jack Dorsey that the payment platform would be working towards bringing decentralized finance to Bitcoin might have played a role in helping Cathie Wood’s New York-based Ark Investment Management to invest in the firm. According to an announcement made by Ark...

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