Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 892. Heute sprechen wir über folgende Themen: Grayscale weiter auf massiver Bitcoin Einkaufstour & China Bitcoin Mining in Sichuan bald am Ende. [embedded content] 1.) Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Minedhttps://cointelegraph.com/news/grayscale-is-now-buying-15-times-the-amount-of-bitcoin-being-mined 2.) China’s Sichuan moves to ban digital currency transaction...
Read More »Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
Litecoin price found support near $41.50 and it is currently correcting higher against the US Dollar.LTC price is likely to face a lot of hurdles on the upside near $44.50 and $45.00.There is a major bearish trend line forming with resistance near $45.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $45.00 resistance, above which it might rally to $48.80.Litecoin price is showing signs of an upside correction against the US Dollar,...
Read More »Bitwage Introduces New BTC-Based 401K Program
Gemini and Bitwage are unveiling a new 401K plan that’s centered around bitcoin.Bitwage Is Bringing You a BTC 401KThis is more proof that bitcoin and its crypto cousins are becoming far more mainstream and legitimate. The idea of investing one’s retirement funds in crypto can be terribly tricky considering that digital assets are known for their volatility and for jumping up and down like rabbits during Easter. That, by itself, is something to be concerned about, but to put one’s retirement...
Read More »Reddit Co-Founder Alexis Ohanian: A Crypto Spring Is Coming Soon
Is a crypto spring on our heels? According to longtime crypto investor and Reddit co-founder Alexis Ohanian, it most certainly is.Alexis Ohanian – Things Are Going to Get Big in the Crypto SpaceA crypto spring is the exact opposite of a crypto winter, which is what was experienced in the year 2018. At that time, bitcoin – along with many of its altcoin cousins – were failing to reach green territory and spent most of the year suffering from consistent price swings that continually brought...
Read More »Twitter CEO’s Cash App Pays $6 in Bitcoin Fees for Each $1 Transaction App Users Make
The Square Cash app owned by Twitter CEO Jack Dorsey will go to great lengths to smooth the onboarding process for its Bitcoin users.When a Cash app user sent 12 different transactions worth $1 each, the app covered the $6 fees required to get his transaction included in the next block – each time.That means the owners and operators of the Cash App paid $72 to move their user’s $12 worth of Bitcoin.The Square AppSquare Cash App Subsidizes Bitcoin Use?As revealed by crypto-podcaster Collin...
Read More »Bitfury Allows Institutional Players to Invest in Its Data Centers
Bitcoin mining and hardware firm Bitfury has announced that it will give accredited investors everywhere the opportunity to invest in its data and mining centers.Bitfury Allows Investors Access to MiningAccredited investors (or institutional investors, as they’re often called) are widely considered to be among the primary ingredients in making bitcoin and other forms of cryptocurrency more mainstream and legitimate. However, institutional players have shown a great reluctance to enter the...
Read More »After 35% Weekly Surge Against Bitcoin, MATIC Finally Slows Down. Price Analysis & Overview
MATIC is looking bullish following a 10% surge over the last 24-hours.Against Bitcoin, it is providing a discount after surging to the 3304 SAT level yesterday.MATIC/USD: Matic Looks Indecisive After A RejectionKey Resistance Levels: $0.0276, $0.0296, $0.043Key Support Levels: $0.022, $0.019, $0.017MATIC/USD. Source: TradingViewMatic Network saw over 300% gains to recover from the heavy price crash to $0.006 in mid-March. In fact, the recent surge above the rising channel is suggesting a...
Read More »Ethereum Price Analysis: ETH Bounces From $200 But Shows Weakness Against The Rising Bitcoin
Ethereum increased by 3% today as it rebounds from $200 and reaches $208.The cryptocurrency battles to remain above the rising trend line.Against Bitcoin, Ethereum failed to continue above 0.023 BTC as it drops back into the 200-day EMA.Key Support & Resistance LevelsETH/USD:Support: $200, $187, $180.Resistance: $215, $220, $225.ETH/BTC:Support: 0.022 BTC, 0.0215 BTC, 0.021 BTC.Resistance: 0.023 BTC, 0.0236 BTC, 0.024 BTC.ETH/USD – Ethereum Forming Ascending Triangle.Ethereum rebounded...
Read More »Google Cloud Becomes an Enterprise Validator Node In THETA’s Mainnet 2.0
The blockchain video streaming network Theta Labs announced today that Google Cloud had joined its Enterprise Validator Program (EVP). Interestingly, this partnership coincides with Theta’s Mainnet 2.0 launch scheduled to take place also today.Google Cloud And Theta LabsPer the announcement, the tech giant has become the newest member of Theta’s Enterprise Validator Program. Thus, Google Cloud has joined the likes of blockchain-based companies such as gumi, Blockchain Ventures, and the...
Read More »Goldman Sachs, Please Don’t Make The Same Mistake On Bitcoin That Jamie Dimon Regretted
Discussions around Bitcoin and cryptocurrencies, in general, have reached the high seats of investment banking.This becomes clear as the behemoth multinational investment bank Goldman Sachs hosted a conference call headlined US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.Perhaps somewhat expectedly, the banking giant used its platform to bash cryptocurrencies, making some particularly expressive comparisons.Bitcoin And Cryptocurrencies Are Not an...
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