« Après une pause forcée de quelques mois nous reprenons à dimension réduite nos meetup Bitcoin sur Toulouse. Cette première édition post Covid sera donc limitée à 10 personnes en raison des contraintes sanitaires actuelles. Pensez donc à bien vous inscrire pour signaler votre présence. Il sera peut-être possible d’ouvrir une seconde table de 10 personnes séparée de la première en cas d’affluence,...
Read More »Major Investment Bank Recommends Bitcoin Over Gold
Both Bitcoin and gold have surged as the US Congress is debating over the further stimulus program to support the economy amid the pandemic. Nevertheless, a major investment bank is recommending the cryptocurrency over the metal. Oppenheimer Analyst Says Now Is the Right Time to Invest in Bitcoin On Tuesday, Bitcoin touched the highest level in about 11 months, which is a big deal considering that it has been moving sideways for the last two months or so. Elsewhere, gold has broken above the...
Read More »Altcoins Are Falling, Giving BTC More Room to Grow
The big news today is that bitcoin is just shy of hitting the $11,000 mark, but now that the world’s number cryptocurrency by market cap is on a fresh high, many altcoins are beginning to retrace their steps and fall to lower numbers.Altcoins Are Hitting Fresh Lows as BTC RisesAt the time of writing, several of the crypto space’s leading altcoins are up against the U.S. dollar, but down when compared with bitcoin. Ripple (XRP), for example, is the world’s third-largest cryptocurrency by...
Read More »Grayscale AUM Surge $500M In A Week, Bitcoin Shares in the Lead
Grayscale Investment, operators of the largest crypto hedge fund, is close to reaching a $5B valuation after adding $500M to its assets under management (AUM) is less than a week. Meanwhile, other cryptocurrency funds like Tetras Capital are shuttering after low returns despite market-wide recovery since Black Thursday. Grayscale Crypto Fund AUM at $4.8B Tweeting on Monday, Grayscale revealed that its crypto fund AUM was currently at $4.8B. Comparing with the figures from five days ago, it...
Read More »Bit Farms Mining Firm Is Straddled with Tons of Debt
Canadian crypto mining firm Bit Farms is swamped with high-interest debt.How Will Bit Farms Pay Everything Off?The company has been struggling to pay off much of what it owes. Straddled with declining revenue, the company is scheduled to pay more than $20 million by the time 2021 rings in, which means the venture could be in a heap of trouble.The mining industry has been treated very poorly over the past several months largely due to the coronavirus pandemic that has been spreading across the...
Read More »Bitcoin Is on the Verge of Striking $11,000
Bitcoin has done it. The world’s number one digital currency by market cap has surged beyond the $10,000 mark and is now trading for an impressive $10,800, noting an 11 percent jump over the past week alone.Bitcoin Shoots Beyond $10,000Why, suddenly? What could cause the currency to shoot up so fast, and what is in place that would allow bitcoin to potentially keep its current price position? It’s not like bitcoin hasn’t crossed the $10K threshold throughout 2019, and yet so far, the jumps...
Read More »Smart Money Pushing Bitcoin and Gold Price Amid Infinite QE
With gold setting a new all-time high (ATH) and Bitcoin (BTC) surging past $11,000 for the first time in over 11 months, market observers say investors are focusing on haven assets while governments prepare for another round of economic stimulus activities. Market Uncertainty Acting as Tail Winds for Bitcoin and Gold As of the time of writing, Bitcoin — the largest crypto by market capitalization — has set a new 2020 price high, and gold broke its all-time high. Much of the recent price...
Read More »Ethereum Price Analysis: ETH Stalls Below $320 Following Bitcoin’s Recent Gains
Ethereum saw a small price drop today as the coin falls to $316. This comes after ETH managed to increase by a total of around 30% this week. Against Bitcoin, Ethereum reached as high as 0.0317 BTC but has since dropped to 0.0288 BTC. ETH/USD: Bullish Push Stalls At $323 Key Support Levels: $306, $300, $288Key Resistance Levels: $323, $333, $342. Ethereum went on a rampage over the past week after breaking the previous consolidation phase at $250. The coin continued higher as it broke above...
Read More »Widerstand für den Bitcoin Preis durchbrochen
Kurzzeitig führte eine Aufwärtsbewegung den BTC sogar über die Marke von 11.000 US-Dollar, ehe einige Daytrader einen Cashout durchführten. Der Preis pendelt seitdem zwischen 10.700 und 11.000. Damit erreichte der BTC ein neues Jahreshoch.Bitcoin News: Widerstand für den Bitcoin Preis durchbrochenDer vorherige Widerstand wurde damit überwunden und formierte sich erst wieder oberhalb von 11.000 US-Dollar. Ungefähr 11 Monate ist es her, dass sich der BTC in dieser Region befand – allein für die...
Read More »Tether (USDT) Flows to Exchanges at 8-Month High: Bitcoin FOMO Starting?
The most recent Bitcoin price surge may have triggered a serious FOMO wave amongst investors as data displayed the largest inflow of Tether (USDT) towards exchanges in eight months happened yesterday after BTC broke above $10,000 and aimed for $11,000. Tether Into Exchanges To Follow BTC FOMO? Bitcoin’s price finally broke above $10,000 a few days ago. In doing so, the asset attracted a lot of attention from the cryptocurrency community and perhaps investors. According to data provided by...
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