Stablecoins have seen their utility climb dramatically in recent months, partially thanks to the explosion of innovation in the decentralized finance (DeFi) industry.In the last year, the market capitalization and daily trading volume for most major stablecoins have skyrocketed as demand for price-stable crypto assets increased dramatically at this time.Stablecoins are now used by several million cryptocurrency holders, and account for almost 40% of all cryptocurrency trading volume, while...
Read More »Analysis: Bitcoin Can Go 10x From Current Price If November Breaks Monthly ATH Close
A popular Bitcoin analyst and trader pointed out that Bitcoin has historically headed towards massive price surges once it closed higher than the previous monthly high. As a result, BTC could face up to a 1,000% price pump soon if it closes November at or above its current price. BTC To Pump By 1,000% Soon? Bitcoin has been surging in value in the past month. The impressive performance led to several consecutive yearly records and reaching $16,000 last Friday – the highest...
Read More »Cardano (ADA) Price Analysis: Holding Ground, Eyes Break Above $0.11
ADA price is holding the ground above the $0.1000 and $0.0980 support levels against the US Dollar.The price is now facing hurdles $0.1080, but it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1030 on the 4-hours chart (data feed via Kraken).The price is likely to start a strong upward move if it clears the $0.1080 and $0.1100 resistance levels.Cardano price is showing positive signs above $0.0980 against the US Dollar,...
Read More »Nine Years In Prison For A Former Microsoft Employee Who Stole $10 Million In Bitcoin
A former Microsoft software engineer found guilty earlier this year has been sentenced to nine years in prison for stealing more than $10 million in Bitcoin. The 26-year old Ukrainian used accounts and passwords of other employees and the services of various Bitcoin mixers. Nine Years In Prison For Stealing $10M In BTC As reported by CryptoPotato year, the US District Court in Seattle found guilty Volodymyr Kvashuk on 18 charges. He operated as a software engineer in the US...
Read More »#1010 Investoren Bitcoin statt Gold, Milliardär Druckenmiller besitzt Bitcoin & IOTA – Pagi
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1010. Im heutigen Video geht’s um folgende Themen: Institutionelle Investoren wollen Bitcoin statt Gold, Milliardär Druckenmiller besitzt Bitcoin & IOTA – Pagi Monetarisierung von Elektrogeräten 1.) Institutionelle Investoren wollen Bitcoin statt Gold – JPMorgan sieht BTC als Alternativehttps://cryptomonday.de/institutionelle-investoren-wollen-bitcoin-statt-gold-jpmorgan-sieht-btc-als-alternative/ 2.)...
Read More »Crypto Market Watch: The Bitcoin’s Calm After The Storm
Bitcoin went on a wild ride yesterday when news of a COVID-19 vaccine broke out, but has calmed since then and currently trades at around $15,300. The leading alternative coins have also cooled down as Ethereum sits around $450 and Ripple at $0.25. Bitcoin Calms After Increased Volatility The primary cryptocurrency demonstrated high fluctuations in the past week. It topped at a new yearly high of about $16,000 on Friday but then nosedived a few days later to below $14,300....
Read More »Bill Miller: BTC Is the Best-Performing Asset of the Last Ten Years
Bitcoin is in the middle of one of its largest bull rallies ever, and according to analysts like Bill Miller, not only is the rally not yet done, but as long as bitcoin continues to gain ground in the financial world, it should become a mainstream asset in no time.Bill Miller Is Impressed with BitcoinBill Miller is the founder of Miller Value Partners. He recently stated that bitcoin has been the top-performing asset over the last ten years and is astonished that the currency has risen more...
Read More »Bitcoin Has a Lot of Attraction as a Store of Value: Billionaire Investor Druckenmiller
It’s another bigshot score on the store of value front for Bitcoin. Billionaire hedge fund investor Stanley Druckenmiller just admitted holding BTC on national television in an interview with CNBC. The bigshot money manager also has positions in gold, but he is considerably bullish on the world’s first cryptocurrency. “If the gold bet works, the Bitcoin bet will work better.” In the latest interview with CNBC’s Kelly Evans, a billionaire hedge fund manager, said that he owns...
Read More »Smaller Assets Like Ethereum Are on the Rise
A very cool thing is happening as of late. While bitcoin makes another attempt at $20,000 – a figure it hasn’t seen in nearly three years – the currency’s positive vibes are rubbing off on other coins, such as Ethereum, Litecoin, Chainlink and Ripple’s XRP, all of which are up significantly up at press time.When BTC Does Well, Assets Like Ethereum Do WellMany people tend to speculate on how well assets correlate with each other. The truth is that in the world of crypto, all smaller...
Read More »Analysts: The Recent Bitcoin Bull Behavior Is Far From Over
Bitcoin has been hitting all sorts of crazy and high numbers as of late, but according to many analysts, the bull run may just be getting started.Bitcoin Is Experiencing a Solid, Fun TimeThe world’s number one cryptocurrency by market cap is currently trading for around $15,200. That’s about $300 less than where it stood just yesterday. For the most part, however, the currency has come relatively close – closer than it has in approximately two years – to where it was at the end of 2017....
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