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Tag Archives: Bitcoin News

Ethereum Surges; Will It Hit $500 Soon?

Ethereum – the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin – has surged overnight by more than ten percent and is currently trading for well over $477. This is a spike of more than $30 over the past 24 hours.Ethereum Has Jumped Beyond $470On Monday August 31, the currency was trading for around $443, having broken $400 just two days prior. The entire week before, Ethereum had encountered a period of relative stagnation, hanging about the high $300...

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Bitcoin Mining Firm Layer1 Is Selling Its Excess Electric Power

The coronavirus pandemic has proven rather devastating to the bitcoin mining community. Many have had to shut themselves down given that they are not considered essential businesses. However, some of these companies – like Layer1 – are finding new ways to make a profit while the virus continues to meander across the globe, and these ways are proving to be quite innovative.Layer1 Is Staying Innovative – and ProfitableSeveral cryptocurrency mining firms – such as Digital Farms in California –...

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Bitcoin Again Hits the $12,000 Mark

After all the worry and concern that has been meandering throughout the space, bitcoin has again crossed the $12,000 threshold for the second time in just weeks.It’s $12K All Over Again for BitcoinThe last time bitcoin hit this figure was in the middle of August. Sadly, the price switch didn’t last. It rose all the way to $12,400, but bitcoin was not able to keep up the momentum and fell back into the low $11,000 range a few days later. It’s relatively impossible to assume what will happen...

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#961 Cardano will DeFi erobern, Paralelní Polis Hacker Treffen Prag & Monero geknackt

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 961. Im heutigen Video geht’s um folgende Themen: Cardano will DeFi erobern mit Stablecoin, Paralelní Polis – Treffen der Hacker-Szene in Prag im Oktober & Hat CipherTrace Monero geknackt? 1.) Cardano will DeFi erobern mit Stablecoin der besser werden soll als MakerDAOhttps://cryptomonday.de/cardano-will-defi-erobern-mit-stablecoin-der-besser-werden-soll-als-makerdao/ 2.) Das große Treffen der Hacker-Szene in...

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Bitcoin Price Analysis: BTC Likely To Gain Momentum Above $12K

Bitcoin price is trading nicely above the $11,600 and $11,800 support levels.The price traded as high as $12,086 and it is now well above the 55 SMA (H4).There is a major bullish trend line forming with support near $11,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above $12,000 as long as the $11,600 support is intact.Bitcoin price is currently trading in a bullish zone above $11,600 against the US Dollar. BTC could accelerate...

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Huobi Gives Customers Access to BTC Options Trading

Huobi Futures – a crypto derivatives market of Huobi Group – is unveiling new bitcoin options trading, which will go live today on September 1.Huobi Opens BTC Options Trading for BusinessHuobi has been on a roll in 2020 during a time when most companies are likely suffering and taking on debt thanks to the growing coronavirus pandemic. Earlier this year, the company released a program known as Huobi Futures’ Perpetual Swaps as a means of giving traders a larger chance to hedge their wealth...

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YFI Token Has Added More Than 3,000 Percent to Its Value

No doubt about it… The DeFi (decentralized finance) space is growing like there’s no tomorrow. One of the biggest coins within the arena to be expanding lately is known as yearn finance (YFI). Thus far, the coin is up more than 3,500 percent since last month.YFI Has Surged in Recent WeeksWhile everyone wants to make such a big deal out of bitcoin this year – the currency is presently up more than 40 percent since the beginning of 2020 – this is nothing compared with YFI, which has also put...

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#960 Bitcoin-Inhaber verliert 1400 BTC, Binance erobert London & Atupri Health Insurance

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 960. Im heutigen Video geht’s um folgende Themen: Bitcoin-Inhaber verliert 1400 BTC, Binance erobert Londoner Bushaltestellen & Atupri Health Insurance akzeptiert Kryptozahlungen. 1.) Bitcoin-Inhaber verliert 16 Mil USD in Bitcoinhttps://www.coinkurier.de/bitcoin-inhaber-verliert-16-mil-usd-in-bitcoin/ 2.) Bitcoin-Börse Binance erobert Londoner...

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Barry Silbert Looks to Bring Chinese BTC Mining Business Back to the U.S.

Barry Silbert – crypto entrepreneur and the leader of the Digital Currency Group (DCG) – has announced that he is looking to remove some of the heavy bitcoin business that’s been going on in China and move it back to the United States. How will he do this? Through a company he’s created called Foundry, via which he will invest roughly $100 million into mining operations situated throughout North America.Barry Silbert: Now Is the Time for the U.S. to ShineThe fact that China has become so...

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Simon Peters: Inflation Is Good for Bitcoin

According to Simon Peters of the cryptocurrency exchange e-Toro, the inflation that everybody is so worried about as of late is going to result in a rather positive future for bitcoin.Simon Peters: BTC Has a Bright Future if Inflation ExistsNot too long ago, Federal Reserve chair Jerome Powell announced that the United States was going to permit inflation beyond the $2 mark. Traditionally, $2 is the maximum that inflation is usually allowed to go in this country, but given the special...

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