Mark Cuban is back in the news talking about bitcoin. In the past, Cuban has been relatively lukewarm when it comes to the world’s number one digital currency by market cap. While the basketball team he owns – the Dallas Mavericks – will accept crypto payments for merchandise and tickets, Cuban himself doesn’t always see value in digital assets.Mark Cuban Has Mixed Thoughts on BTCNow, in a new interview, the billionaire stockholder claims that bitcoin will never be a valid currency, and he...
Read More »Crypto Price Analysis & Overview February 12th: Bitcoin, Ethereum, Ripple, Cardano, and Binance Coin
BitcoinBitcoin is up by a solid 28.2% this week as the coin set a new ATH today at $49,000. The cryptocurrency had penetrated above the previous consolidation pattern at the start of the month and started to push higher over the past week.On Monday, BTC surged from $38,800 to reach the resistance at $46,427 (1.618 Fib Extension – red). There, it established an ascending price channel. It took a couple of days for BTC to break that level.Today, Bitcoin climbed higher to set the new ATH at...
Read More »Comprendre le Lightning Network – Episode 6 : La fermeture d’un canal
« Comprendre le Lightning Network est une série de courtes vidéos visant à expliquer le fonctionnement du Lightning Network de Bitcoin. Dans ce sixième épisode, nous nous intéressons à la fermeture de canal au travers d’une transaction Bitcoin, pouvant prendre différentes formes suivant les cas.« Réalisation : Fanis MichalakisChaine Youtube : youtube.com/channel/UCkQn_Fk4uKa41WfQm–lKZw Episodes précédents :1. Fonctionnement d’un canal de paiement2. La notion d’adresse...
Read More »First Bitcoin ETF in Canada Approved, Is US Next?
A Bitcoin ETF has been approved in North America. Canadian securities regulators on Thursday approved the first publicly traded Bitcoin exchange-traded fund Purpose Bitcoin ETF.While everyone was looking at the SEC to approve the first ETF in the US, Canada has made a move for it and proven its progressive view of Bitcoin and crypto at large. The Bitcoin ETF is set to provide exposure to long term, “high-risk” investors. The approval is set to cover these territories, British Columbia,...
Read More »Jack Dorsey and Jay-Z to Launch Bitcoin Trust in India and Africa
The crypto industry in Africa and India is still nascent as the countries are just beginning to come to terms with what this new technological advancement means for their financial industry.Twitter’s CEO Jack Dorsey together with billionaire music mogul Jay-Z have announced a blind Bitcoin (BTC) development trust that is worth 500 units of BTCs which translates to over $23 million. The trust would have a mission of “making bitcoin the internet’s currency” and it would be focused on teams in...
Read More »Bitcoin Price Prediction by Glassnode CTO Indicates 135% Rally to $100K
According to the analysis, the ratio between Bitcoin market capitalization and thermocap suggests the asset could surge another 135% in the near future.As institutional investors proliferate into the crypto industry, Bitcoin price prediction from different corners continues to fuel the ongoing bull rally. According to Glassnode CTO and co-founder Rafael Schultze-Kraft, Bitcoin could see a further surge of approximately 135% from the current levels of $48k to hit slightly above $100K.Notably,...
Read More »Miami Mayor Pushes Proposal for City’s Workers to Be Paid in Bitcoin
The Miami mayor who’s been an advocate for Bitcoin and cryptocurrencies revealed that he wants to make his city the most attractive in the United States for those in the crypto and blockchain industry.Miami Mayor Francis Suarez has proposed that municipal workers receive payment in Bitcoin as well as tax collection in a bid to expand a campaign to promote cryptocurrencies. According to a resolution passed by the city’s governing commission, the mayor urged the City to allow City of Miami’s...
Read More »PayPal CFO Says The Company Might Not Convert Cash Into Crypto
PayPal will probably avert from investing its cash into Bitcoin. Despite the recently expanding interest from institutions in digital assets, the US payment giant will not get into the crypto whirlpool, said the firm’s Chief Financial Officer.Admitting Cryptocurrency’s Values but Still Won’t InvestAlthough it sees enormous opportunity in the development of digital wallets, PayPal will most likely not allocate portions of its cash into Bitcoin or other cryptocurrencies. According to a recent...
Read More »Bitcoin Price Can Reach $100,000 by September According to S2F Model
Bitcoin’s price could spike to a six-digit price territory as early as April or September this year, said the creator of the popular stock-to-flow model, PlanB. Additionally, the asset could surge to $288,000 by the year’s end if it follows the 2013 bull cycle.Bitcoin To $100K In Two To Seven Months?The primary cryptocurrency has been on a tear in the past several months after exploding by about 5x since early October 2020. In the first month and a half in the new year alone, the asset has...
Read More »Yearn Finance (YFI) Price Taps $52K On Grayscale Filing News
Yearn Finance, one of DeFi’s landmark projects and also the first coin to truly flip Bitcoin’s price on multiple occasions, managed to surge above $52K earlier today before correcting slightly to where it’s currently trading.Yearn Finance is undoubtedly one of the benchmark projects for the space of decentralized finance (DeFi).YFI, the ecosystem’s native token, was initially supposed to be nothing but a governance token that has absolutely no face value. In fact, Andre Cronje, the creator of...
Read More »