Although most previous weekends started with adverse price movements for bitcoin, this time, BTC added more than a grand and reclaimed $34,000. Most altcoins have also reclaimed some ground since yesterday, with Cardano (ADA) rising 7% after news from Grayscale. Bitcoin Tops $34K CryptoPotato reported previously that the primary cryptocurrency tends to head south at the start of the weekends. Consequently, there were concerns about similar developments this time as well. So...
Read More »The SEC Should Have Approved a Bitcoin ETF Already, Says Hester Peirce
Hester Peirce, also known as the “crypto mom,” believes the agency she works at – the Securities and Exchange Commission – should have greenlighted a BTC ETF years ago. She argued that the SEC’s rationale keeps growing weaker. In an interview with CNBC, Peirce commented on the hot topic of Bitcoin ETF in the US and whether the country’s regulator will eventually approve such a product. She said this is “probably the biggest, the most-often-asked question I get.” But, with the...
Read More »Aswath Damodaran: Bitcoin Is a Complete and Total Failure
New York University finance professor Aswath Damodaran stated in a recent interview that bitcoin has failed as a currency given that nobody can really buy anything with it. Aswath Damodaran Is Not a Fan of BTC Damodaran states: If bitcoin is a good currency, my question is, why aren’t more people using it in transactions? So, when I run into bitcoin enthusiasts, they seem to push this notion that bitcoin is a great currency because they have made a lot of money on it....
Read More »Strike Launches Bitcoin Trading Service, Bashes Coinbase For High BTC Fees
In a bid to secure financial freedom for all, fintech firm Strike has announced that its clients can now purchase Bitcoin (BTC) with no extra fees on its platform. Strike Launches Bitcoin Tab Announcing the development today, Strike noted that it had launched a “Bitcoin Tab” feature, which would make Bitcoin acquisition cheap, simple, reliable, and secure. With the service, users who want to buy bitcoin on the platform will not incur additional fees outside the market spread,...
Read More »Cynthia Lummis: Retirees Should Diversify with Crypto
Senator Cynthia Lummis – a Republican of the state of Wyoming – is looking to make it so that individuals can use their retirement accounts to invest in bitcoin and other cryptocurrencies. Cynthia Lummis: Crypto Would Be Perfect for Diversification Lummis was first elected to Congress in late 2020. Beginning her term in January of this year, Lummis has always been a major cryptocurrency advocate. She has admitted to investing in digital currencies herself in the past and...
Read More »Volume & Interest Decrease as Bitcoin Still Amid $30K: The Weekly Crypto Recap
The past seven days turned out to be yet another period where bitcoin’s price went through a rather choppy action. The cryptocurrency is down about 3 percent in the last week, but it wasn’t without its ups and downs. Last Saturday, we saw BTC tanking to a low slightly above $30K, causing panic and a lot of worries amid the cryptocurrency community. However, right on the following day, on Sunday, the price surged, and a massive green candle took us all the way up to $35,000. A...
Read More »Paymium annonce un plan d’achat récurrent de bitcoins
Paymium vient d’annoncer aujourd’hui le lancement d’un service d’achat récurrent de bitcoins au prix du marché, au taux de commission de 0,5%, soit le même taux que pour un achat ponctuel. Acheter des bitcoins selon un plan récurrent est un bon moyen d’investir en toute sérénité, quelle que soit l’humeur du cours. Si le bitcoin baisse, l’investisseur obtiendra davantage de satoshis en contrepartie...
Read More »Grayscale Buys Cardano: ADA is Now The Fund’s Third-Largest Holding
Grayscale, the world’s leading digital asset management fund, revealed that it had rebalanced its portfolio in a way where Cardano’s ADA is now the company’s third-largest holding. According to an announcement from earlier today, Grayscale – the world’s leading digital asset manager, has adjusted the portfolio of the Grayscale Digital Large Cap Fund “by selling certain amounts of the existing Fund components in proportion to their respective weightings and using the cash...
Read More »S2F Model Predicts: Bitcoin Won’t Close Below $47K in August
Bitcoin’s bull run hasn’t ended, and its price could increase by more than 40% by the end of August, asserted the creator of the popular stock-to-flow model. He also predicted that the next few months will be make it or break it for the S2F. Over the course of the past few months, bitcoin’s price slumped by roughly 50% from the mid-April peak, which questioned the state of the bull market. While most of the community debates whether the 2018 scenario will repeat once again,...
Read More »Lyon : Le Bouchon Comptoir Brunet adopte Bitcoin
Nouvel ajout à la liste des établissements français qui acceptent les paiements en bitcoin : Le Bouchon Comptoir Brunet, situé 23 Rue Claudia à Lyon. « Le Bouchon Comptoir Brunet est un restaurant traditionnel lyonnais qui date de 1934 en plein centre ville de Lyon (la presqu’île). On y sert de la cuisine typique de la région avec ses spécialités (quenelle, tablier de sapeur, andouillette à la...
Read More »