Crypto news

While Bitcoin has increased by a total of around 400% since the March lows, the picture doesn’t appear as bright in the short-term as it draws away from $20,000.Over the past seven days, the cryptocurrency lost over $1,000 of its dollar value, charting a decrease of about 5%.During the week, BTC managed to increase to above $19,300, but, unfortunately, it was all downhill from there. The cryptocurrency touched a low of $17,650 yesterday before recovering slightly to its current level of...

The NASDAQ-listed business intelligence company has surpassed its previous plans to offer $400 million in convertible notes. Instead, the firm announced today that it has raised $650 million via a senior convertible notes offering and asserted that the proceeds with be invested in bitcoin.The official announcement reads that “the aggregate principal amount of the notes sold in the offering was $650 million, which includes notes issuable pursuant to an option to purchase.”Although the company...

2020 has been the year of the institution. Companies such as MicroStrategy, Square and Stone Ridge have all piled their money into assets like bitcoin and given new meaning to the crypto space. Now, with just weeks to go before the year is out, several other family offices such as the Massachusetts Mutual Life Insurance Co. are following in these firms’ footsteps.Massachusetts Mutual Is the Latest Institutional Fan of BTCMassachusetts Mutual has put approximately $100 million of its money...

This week had the entire cryptocurrency market painted in red as Bitcoin withdrew to a low of $17,650 before recovering to where it currently trades at. All of the altcoins followed suit, and as a result, they’ve charted substantial decreases over the course of the past seven days, as seen in the graph below.Bitcoin lost roughly 5.6% over the past 7 days now. Following the latest drops, the leading cryptocurrency is now floating around $18,000.However, its long-term bullish trajectory is...

Despite classifying bitcoin as the best performing asset in 2020, Wells Fargo said in a recent report that the industry is still predominated by speculation rather than traditional investing. The large US multinational financial services company compared BTC with the gold rush in the 1850s.Bitcoin Shows Similarities With The 1850’s Gold RushThe San Francisco-headquartered giant explored the performances of different financial assets through this “wild and crazy year” in its latest report.The...

Bitcoin price continues to slide away from $18,000 today and has now returned to the 4-hour 200 EMA line (red) for the first time since October 8th, 2020.Historically, this line has been a key long-term support for BTC and even though the leading crypto is inside the worrisome CME gap, it’s actually is getting a strong reaction from buyers right now.The global crypto market capital is now under the $525 billion mark, but there is an early sign that momentum could be about to flip bullish. On...

Router für Freifunk Foto CC 3.0 by Jens Ohlig, Wikipedia Einigung im Bundestag: Freifunk soll gemeinnützig werden. Warum ist das wichtig? Damit erhalten die Freifunker endlich Geld. Nach jahrelangen Diskussionen erhalten die Freifunker steuerliche Erleichterungen für die Bereitstellung öffentlicher WLAN-Zugänge. Freifunk schreibt via Netzpolitik: In einer idealen Welt wäre...

Die Smartphone-Bank Revolut gibt es jetzt auch als Browser-Version. Revolut ist die grösste Digitalbank der Welt: Aktuell hat Revolut weltweit über 13 Millionen Kunden. Am schnellsten aber wächst Revolut im Bereich Business: In nur 2 Jahren konnte Revolut eine halbe Million Business-Kunden für sich gewinnen. Gerade kleine Unternehmen, Freelancer und Vereine lieben die...

Universität Liechtenstein Blockchain, Bitcoin, FinTechs und Kryptowährungen und die damit verbundenen disruptiven Potenziale sind derzeit in den Medien allgegenwärtig. Unternehmen und Mitarbeiter fragen sich, welche Auswirkungen diese Veränderungen auf ihre Geschäftsmodelle und Wertschöpfungsnetzwerke haben. Welche Chancen und Risiken verbinden sich mit den Technologien dieser...

A year after PayPal suspended transactions for the leading adult website Pornhub, MasterCard, and Visa have followed the example in the midst of child abuse allegations.With cryptocurrencies remaining one of the few available options for payments, the question stands if such association is indeed positive for the industry.Visa and MasterCard Block Use Of Cards On PornhubThe popular adult website has attracted lots of negative attention to itself in the past few years. The situation worsened...