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Tag Archives: BTC

Coinbase Institutional Assesses Ethereum & Bitcoin Price Development Ahead of Shapella Upgrade

In a podcast, the Coinbase Institutional team delved into bullish and bearish scenarios for Ethereum and Bitcoin as ‘Shapella’ approaches.  Ahead of the Ethereum Shapella Upgrade, Coinbase Institutional weighed in on the mainnet upgrade’s potential impact on Ether and Bitcoin (BTC). In a YouTube podcast, the team provided insight into whether April 12th’s much-anticipated upgrade would further spur the ongoing crypto rally. The Coinbase Institutional team also discussed the bear market...

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Bitcoin Sidechain Mintlayer Launches $4M Grants Initiative

The Mintlayer sidechain allows users to build a decentralized ecosystem on the Bitcoin blockchain, opening it up to DeFi, Smart Contracts, Atomic Swaps, NFTs, and dApps.  Bitcoin sidechain Mintlayer has announced the launch of a $4 million open-source development grants initiative and the start of accepting applications. The grants program launch is the “first major ecosystem initiative in Mintlayer’s long-term development” and is reserved for projects that will directly benefit the...

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MicroStrategy Now Has 140,000 BTC after Spending $29M Buying More Bitcoin

MicroStrategy is unrelenting with its Bitcoin purchases as it recently spend more than $29 million on over 1,000 BTC. MicroStrategy (NASDAQ: MSTR) has continued amassing more Bitcoin and has purchased an additional 1,045 BTC. The business intelligence firm announced it spent $29.3 million on the recent purchase, at an average of $28,016 per Bitcoin. According to a tweet from co-founder and executive chairman Michael Saylor, MicroStrategy’s portfolio now has 140,000 Bitcoins. The company...

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Coinbase Says Americans Could Save Billions on Remittances Fees by Using Crypto

Coinbase reported that crypto assets like BTC and ETH could help Americans cut the cost of sending money internally, which contributes to the high remittance fees. American crypto company Coinbase (NASDAQ: COIN) explained in a recent report how crypto could help Americans save millions in remittance fees. According to the crypto company, Americans who rely on remittance fees face obstacles due to the disconnected global financial system. It also talks about how there is no universal...

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Bitcoin Price Analysis: BTC Eyes Upside Break Above $30K

Bitcoin price is trading in a positive zone from the $27,200 support against the US Dollar. The price is now trading above $27,500 and the 55 simple moving average (4 hours). There was a break above a major contracting triangle with resistance near $28,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $28,850 resistance zone. Bitcoin price is rising from $27,200 against the US Dollar. BTC might...

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Ethereum (ETH) Rallies to 8-Month High Just 8 Days to Long-Awaited Shanghai Upgrade

Cash flow from Bitcoin to the Ethereum market has significantly contributed to today’s price bump according to Lewis Harland, Decentral Park Capital’s portfolio manager. After consolidating for the past two weeks, the Ethereum (ETH) market has begun gaining traction over Bitcoin (BTC) during the early New York trading session on Tuesday. According to the latest crypto market data, Ethereum’s price rallied to a 24-hour high of around $1,886, up over 3 percent during the day. With over $30...

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American Bank Runs Pull Bitcoin Liquidity to 10-Month Low

As the growing liquidity strain in the price of Bitcoin is a major concern, American banks are likely to start exploring new avenues to rebuild that part of the industry. The recent bank runs of American banks as recorded in March have fueled a massive pulldown on the liquidity base of Bitcoin (BTC), the world’s largest digital currency by market capitalization. As reported by CoinTelegraph citing data from crypto analytics provider, Kaiko, the drained liquidity in the market has hit a...

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Bitcoin Halving 2024 Is Just 1 Year Away and This Is Not April Fool’s Day Joke

The digital currency received a significant boost entering this year and despite the tough regulatory crackdowns and Fear, Uncertainty, and Doubt (FUD) that gripped the industry, the price of the cryptocurrency remained resilient.  The most significant event in the history of the Bitcoin (BTC) blockchain – the Halving event – is now slated for April 2024, implying that it is exactly a year away. While the timeline for this event is often known beforehand, the fact that April is here has...

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Boerse Stuttgart Digital jetzt mit BaFin-Lizenz

Börse Stuttgart Als Teil von Boerse Stuttgart Digital hat die blocknox GmbH die finale Lizenz für ihren Geschäftsbetrieb als Kryptoverwahrer von der Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) erhalten. Unter der Marke Boerse Stuttgart Digital hat die Boerse Stuttgart Group sämtliche Aktivitäten im Bereich Kryptowährungen und digitale Assets gebündelt. Damit bietet Boerse Stuttgart Digital institutionellen Partnern einfache Lösungen für...

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Bitcoin (BTC) Dominance Hits Highest Level in 9 Months

BTC dominance has been on a steady climb in the last few weeks. Bitcoin (BTC) price has surpassed the $28,000 level, marking an increase of 5.70% over the past 24 hours. Interestingly,  this comes as most other altcoins appear to be trading flat in the same period. For what it’s worth, the surge in price may be directly linked to new reports that Silicon Valley Bank (SVB) will resume operations today. That is after news that the recently-troubled bank has been acquired by North...

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