The Louisiana House of Representatives has passed a resolution this week commending Bitcoin for becoming “the first decentralized trillion-dollar asset,” encouraging the state and the local government to consider crypto assets and blockchain technology. The House Resolution No. 33, signed by representative Mark Wright, praises BTC’s success through the years and its pseudonymous creator, Satoshi Nakamoto, for his “contribution to economic security.” “BE IT FURTHER RESOLVED...
Read More »Bloodbath Continues: Crypto Markets Lose $70 Billion, Bitcoin Below $50K (Market Watch)
The bears continue to rule over the crypto markets. Most alternative coins have lost substantial chunks of value in the past 24 hours, with ETH below $2,200 and BNB beneath $500. Bitcoin’s brief spike above $50,000 was also unsuccessful, and the asset trades south of that coveted level. Red Dominates the Altcoins Aside from several brief recovery attempts, the altcoin market has suffered in the past few days. Ethereum went on to register a new all-time on Thursday at $2,650...
Read More »Shivom Launching The World’s First Dna NFT Marketplace
[Press Release – London, United Kingdom, 25th April, 2021, Chainwire] The marketplace is said to provide options for people to take control over their own genetic data, supporting research projects for the greater good. It also lets celebrities donate a portion of their proceeds to charities, providing their fans with an exclusive opportunity to own unique memorabilia. Shivom, the global marketplace for genomic and healthcare data that operates with the OMX token, is rolling...
Read More »Regulators Warn of New Crypto Ponzi Scheme in Texas
The cryptocurrency space has often been wrought with fraud, which has caused problems for both regulators and traders. In the state of Texas, a new crypto-based Ponzi scheme has come about that has ultimately caused the area’s securities commissioner to step in. There’s a New Crypto Ponzi Scheme in Texas Travis J. Iles has issued an emergency cease and desist order to stop what he is referring to as a fraudulent cryptocurrency trading program. Those allegedly guilty of...
Read More »Fear and Greed: Bitcoin Price Should Spike Up Soon, if History Repeats Itself
Bitcoin’s price has been declining in the past few days, being almost 20% down during the last week. This saw many people worried if the 2021 bull run is over. One indicator suggests that if history is to repeat itself, the price should continue its upward trajectory following the most recent crash. Bitcoin saw a serious decline over the past few days as the price lost upwards of $12,000 over the previous week. This has also seriously shifted the overall sentiment, as...
Read More »The Bitcoin Price Drop May Have Been Caused By a Power Outage
Over the past few days, bitcoin has suffered somewhat, dropping in price from about $63,000 – the currency’s latest all-time high – to about $55,000 at press time. While many analysts believe that the currency has slipped due to exhaustion from the Coinbase listing on the Nasdaq, others feel differently, and point to other factors that may have contributed to the drop. Bitcoin May Have Fallen Due to a Power Outage Bitcoin has fallen by close to 20 percent over the past...
Read More »The Bank of England Considers Issuing A New Cryptocurrency
The United Kingdom and the Bank of England are looking into potentially unveiling a new bank-issued digital currency. The Bank of England Wants Its Own Version of Crypto There are several countries over the past few years that have been exploring the idea of utilizing bank-issued currencies to boost financial prowess. Among the only nations to have done so thus far is China, which drew back the curtain on its plans for the digital yuan as early as 2019. While the...
Read More »This Was Not the Top of Bitcoin’s 2021 Bull Run, According to PlanB
Bitcoin’s latest massive price crash in which the asset lost $16,000 in roughly a week could be nothing more than a stepping stone towards new highs, suggested the creator of the popular S2F model. He outlined that BTC could be in the middle of its run, which could take it to the stock-to-flow’s targets of up to $288,000. ‘Nothing Goes Up In a Straight Line’ Looking on a more macro scale, it’s safe to conclude that bitcoin has been in a state of a bull run since early...
Read More »2 On-Chain Metrics Suggest Bitcoin Bullish Bias Intact
Despite losing $6,000 in hours and $17,000 in several days, on-chain data suggests that the demand for bitcoin is still solid. The number of coins stored on exchanges and miners refusing to sell indicates that the cryptocurrency could resume its bull run shortly. The Good News Following the Crash It was roughly ten days ago when bitcoin was riding high and painted a new all-time at $65,000. This came amid the long-anticipated Coinbase public listing on Nasdaq. Ever since...
Read More »Bitcoin Whales schicken Kurs 23 Prozent nach unten
Die letzten Tage hat der BTC einen historischen Kursabfall erlebt. Eigentlich sahen die Analysten einen Bullrun bis zur Marke von 70.000 US-Dollar – doch sie lagen falsch! Offenbar waren es mal wieder die Whales, die den Analysten einen Strich durch die Rechnung machten. Bitcoin News: Bitcoin Whales schicken Kurs 23 Prozent nach untenDer Preis purzelte sogar wieder unter 50.000, ehe er seinen Support fand. Inzwischen zeigt die Tendenz leicht nach oben, wobei jedoch bei der Marke von 50K...
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