The professional football player Saquon Barkley said he would use the payment application Strike to convert all his profits from endorsements and marketing deals into bitcoin. New York Giants’ star stressed that this is the only way to preserve his wealth in times of growing inflation. Converting to BTC is “The Smart Thing to Do” During a recent appearance at Anthony Pompliano’s episode of the “The Best Business Show,” Saquon Barkley – said he would receive all his future...
Read More »41,000 Bitcoin Transferred to Coinbase Pro In One Hour: Should You be Worried?
After another week of consolidation for bitcoin, with a drawdown to $31k, investors look to the weekend for a sigh of relief as the GBTC shares unlock continues. On-chain analysts detected an unusually large inflow of 41,000 BTC over a few transactions into Coinbase Pro Exchange, in just one hour. The immediate reaction from Crypto Twitter was fear and calls for BTC “to $20k or $10k BTC.” This looks like a bearish signal, but we have to recognize the fact that crypto...
Read More »PayPal erhöht seine Bitcoin-Limits
Der online Zahlungsanbieter hatte im Oktober 2020 den BTC in sein Portfolio aufgenommen – zunächst nur für US-Kunden. Mit der Einführung wurde auch ein Limit eingeführt: Bis zu 20.000 US-Dollar wöchentlich und 50.000 US-Dollar jährlich konnten Kunden auf PayPal in Crypto erwerben. Nun gibt es Änderungen bei diesen Begrenzungen. Bitcoin News: PayPal erhöht seine Bitcoin-LimitsDas wöchentliche Limit wird ab sofort auf 100.000 US-Dollar erhöht und das jährliche Limit fällt sogar komplett weg....
Read More »Bitcoin Reached a 3-Week Low as ETH Dips Beneath $1,900 (Market Watch)
Aside from a brief spike of over $1,000, bitcoin’s struggles continue as the asset is still well below $32,000. The alternative coins have also lost some more steam, with ETH standing beneath $1,900 and BNB close to breaking below $300. Bitcoin Dipped to a 3-Week Low BTC’s hurdles continue ever since the asset failed to breach $35,000 earlier this week. The bears took control over the market at that point and kept pushing it south. Initially, bitcoin decreased beneath...
Read More »Some Analysts Do Not Think Bitcoin Is Protecting Anyone Against Inflation
What the heck ever happened to bitcoin serving as a tool that works against inflation? Bitcoin garnered this reputation last year during the coronavirus pandemic, but as it turns out, prices are continuing to rise, and the world’s number one digital currency by market cap has seemingly failed to get in the way. Bitcoin Is Not Working to Halt Inflation Many analysts are beginning to wonder why bitcoin is allegedly refusing to do its job. For the longest time, bitcoin was...
Read More »This Summer Is Proving to Be a Harsh Time for Cryptocurrency
Summer is often a mixed time for cryptocurrency. In both 2018 and 2019, assets like bitcoin and Ethereum ultimately garnered mild gains here and there that caused several analysts and financial heads to think that the space was entering a period of recovery following massive prior drops. Cryptocurrency Sees Its Figures Drop During June This time around, however, cryptocurrency has been suffering heavily, and it does not look like things are on the verge of recuperating....
Read More »Japan to Implement Stricter Rules on Stablecoins: Report
The Japanese government intends to put stablecoins under strict regulation as some authorities consider them a threat to the country’s financial stability. At the same time, the Bank of Japan aims to issue a digital yen that it sees as a safer alternative to private virtual currencies. Japan’s Next Crypto Move According to Reuters, three Japanese officials revealed that the country is looking to increase its efforts to regulate digital assets. Per the report, some local...
Read More »Sotheby’s Diamond Fetches $12.3 Million in Crypto
Not long ago, Live Bitcoin News reported on a diamond that was being sold by Sotheby’s. The diamond was more than 101 carats – a rare feat for any jewel – and the big clincher was that the auction house was willing to accept crypto bids for the item. It now looks like this little bet has paid off. Sotheby’s Auction Makes Crypto History A crypto fan has ultimately parted with approximately $12.3 million in digital funds in exchange for the jewel. According to a statement...
Read More »HOORANKY LIVE NFT AUCTION
July 17th 5 PM PST LIVE- 48 Hours Ends July 19th, 2021 5 PM PST Hooranky, a world-renowned digital media artist in Korea, counts the ultra-high bid on the global NFT auction platform The works of Hooranky Bae belong to abstract expressionism and the dramatic contrast of non-figurative strange shape and coloring gives a strong and unique impression to the viewer. The title of the work indicates production date and time in Arabic numerals. It is reported that this Hooranky...
Read More »Bitcoin Rangebound in Anticipation of a Major Move: The Weekly Crypto Recap
It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the top 20 is in the red. Some lost more than others, but we’ll get to that later. Kicking it off with Bitcoin. It had a relatively calm week, and even though it’s down about 3% over the period, it’s still not as bad as a lot of the altcoins. BTC was trading at around $34,000 last Friday, and apart from a brief positive spike on Monday, it...
Read More »