Bitcoin’s current bull run could continue for another 4x price increase, according to the Long-Term Holder MVRV metric, suggested Glassnode.Simultaneously, the network’s activity keeps escalating as the non-zero and 0.01+ accounts have both reached new all-time highs.Bitcoin to $250K and Beyond?The primary cryptocurrency has been on a bull run in the past several months. After all, its price increased by roughly six-fold since early October to its recently-registered all-time high at...
Read More »Placing Bets in Bitcoin, An Interview with Gambla.com’s Founder Erik King
As Bitcoin continues to create new all-time highs, we caught up with Erik King, the founder of popular gambling guide Gambla.com to discuss the prevailing trends in online gambling. We asked King a few questions and this is what he had to say: Q: Let us start with the basics, what is Gambla?Erik King (EK): Gambla is a great New Zealand casino guide where you can find great new casinos with or without cryptocurrencies as deposit options. Q: What made you start Gambla and...
Read More »US SEC Puts VanEck Bitcoin ETF Proposal up for Discussion
The Securities and Exchange Commission has put VanEck’s ETF ( Exchanged-traded fund) proposal for discussion. The institution now has a 45-day window to approve, deny, or even extend the review process to at least 240 daysVanEck’s proposal was published on the SEC’s official website. Several companies and investment firms have been trying since 2017 to launch a Bitcoin ETF, filing numerous proposals over time. All of them were rejected by the regulatory body, citing “market manipulation” and...
Read More »Phemex Trader’s Arena 2021 is LIVE
[PRESS RELEASE – Please Read Disclaimer]We got wonderful news for Bitcoin trading experts! The Trader’s Arena 2021 edition was opened on the 10th of March by Phemex.And it gest even better. This year it comes with an up to 2 million dollar prize pool.Key descriptionIn essence, Trader’s Arena is a crypto trading competition for teams. The objective is to be among the top 10 listed trading teams or individuals.However, the arena is for fully dedicated traders. So you need to have a net BTC...
Read More »Cardano Drops Out of Top 3 as Bitcoin Struggles at $58K (Market Watch)
After a highly volatile day in which BTC touched $60,000, the primary cryptocurrency has slipped to 58,000. The altcoin market is even more fluctuating, as Cardano has retraced following the latest gains and has lost its top three spot to Binance Coin.Top Ten Rotations Continue; BNB Ahead of ADAThe past several days were quite volatile for the altcoin space. However, most larger-cap alternative coins have calmed on a 24-hour scale.Ethereum, Polkadot, Ripple, UNI, Litecoin, and Chainlink have...
Read More »Instant Crypto Exchange Flyp.me Adds Support for Liquid Network
Bitcoin is a revolutionary asset — one that has changed the world with its very existence. It has remained the largest and most popular asset ever since, as well as the front face of the entire cryptocurrency industry. In addition, Blockstream developers have found an alternative to improve BTC by creating the Liquid Network. Now, Flyp.me, the instant crypto exchange that requires no account creation to swap coins, has decided to add support for the Liquid Network and...
Read More »Morgan Stanley Reportedly Planning to Buy a $440M Stake in Crypto Exchange Bithumb
Just a few days after news broke that Morgan Stanley will enable its institutional clients to buy bitcoin, the giant investment bank has reportedly started negotiations to purchase a stake in the largest South Korean cryptocurrency exchange – Bithumb. According to coverage from the Asian media website Naver News, Morgan Stanley is the latest prominent entity from the traditional financial space to consider a purchase in Bithumb. The giant bank reportedly plans to acquire a major stake in the...
Read More »Bitcoin Cash Analysis: Bulls Protecting Key Support at $510
Bitcoin cash price declined from well above $550 and tested $500 against the US Dollar. The price is now trading well below the $550 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $520 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to start a fresh increase if there is a break above $545 and $550. Bitcoin cash price is likely preparing for a fresh increase above $550...
Read More »The US Government Sold Bitcoins at a 21% Premium
The General Service Administration, a part of the US government, has successfully auctioned off 0.7501 bitcoins. Although the portion of sold BTC is not that impressive, what’s intriguing about this purchase is that the buyer paid a substantial 21% premium due to the high number of bidders.US Government Sells Bitcoin With a PremiumThe GSA is a government agency that typically auctions surplus vehicles or office supplies. However, it has decided to expand its portfolio by enabling citizens to...
Read More »Adam Traidman Wants People to Learn More About Crypto Before Investing
For many, bitcoin has become a staple investment, but it’s never a good idea for someone to just jump into an entirely new trading arena without having appropriate knowledge to back up their maneuvers, and unfortunately, this is exactly what’s happening. Many new bitcoin investors are suffering from FOMO or fear of missing out, and Adam Traidman – CEO and co-founder of crypto wallet BRD – wishes that people were a little more willing to research crypto before jumping in...
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