Tag Archives: BTCEUR

Dallas-based cryptocurrency mining organization – Blockmetrix – disclosed it had raised $43 million in a Series B investment round. Thus, the company’s total venture funding reached $50 million. Blockmetrix Stepping up According to the announcement, the fresh financing included investors from the United States, Australia, and several nations in Asia. Blockmetrix vowed to employ the $43 million to expand its operations by securing additional digital asset mining rigs. Founded...

Crypto miner Hive Blockchain has announced a Supply Agreement with Intel to buy new ASIC chips. Pitched as “high-performing,” these chips will be incorporated into mining equipment that will be custom-made for Hive. The company has also struck a manufacturing deal with an ODM (original design manufacturer) that focuses on electronics manufacturing.d Intel Supply Agreement According to the official announcement, the deal is part of its US expansion plans. Hive revealed that...

The cryptocurrency lending platform – BlockFi – surveyed over 1,000 American women to determine their awareness and sentiments towards the digital asset sector. Per the results, every third female plans to invest in crypto by the end of the year, while 60% said they will purchase in the next three months. Women Making Their Way in The Crypto World Digital assets have been gradually increasing in popularity over the years. However, it is worth noting that the industry has a...

Bitcoin’s price has been declining over the past few days, almost reverting all gains from the past greenish week. In fact, Bitcoin lost over $6K over the past 3-days. However, there is a positive sign for the bulls: Despite the fear and uncertainty in the market, the divergence between the long-term holders (accumulating) and short-term holders (spending in loss) is much more significant in this crash compared to May 2021’s 50% drop. Technical Analysis By: Edris The Daily...

Scooter Braun – an American media mogul and the manager of Justin Bieber, Ariana Grande, and Demi Lovato – reportedly sold his luxurious property in Texas for $18.5 million worth of bitcoin. The deal marked the biggest cryptocurrency real estate transaction in the state’s history. A House in Exchange for Bitcoin Similar to other market niches, cryptocurrencies have become an important feature in the real estate business. According to a recent coverage by the Wall Street...

The adverse price developments in the crypto market continued, with bitcoin dropping below $40,000. Most altcoins are deep in the red as well, with Terra losing 7% and BNB dropping to $380. Bitcoin Lost $6K in 3 Days The ongoing war between Russia and Ukraine harmed all financial markets upon its start, but bitcoin managed to recover all losses immediately when the West refused to get directly involved. It kept climbing, reclaimed $40,000, and even soared to a three-week high...

Retail investors seem to be returning on the bitcoin landscape, at least according to relatively small addresses. Such holding at least 0.1 BTC have marked a new all-time high, while wholecoiners are at a 10-month peak. Retail Investors on the Hunt? Data from the blockchain analytics company Glassnode shows the gradual growth of bitcoin wallets containing 0.1 or more BTC. As the graph below demonstrates, such entities skyrocketed during the 2017 bull run, when the retail...

The past week went over the flag of war taking place in Europe following Russia’s invasion of Ukraine. All eyes were on the conflict while global markets and cryptocurrencies were as volatile as ever. Let’s start with Bitcoin. Last week this time, things were looking relatively calm for Bitcoin despite the ongoing war between Russia and Ukraine. At that time, major economic forces such as the EU and the US hadn’t yet enforced any serious sanctions as most of them were still...

Lugano, a city in southern Switzerland, has introduced Bitcoin and Tether in addition to its own LVGA Points token as legal tender. The initiative was backed by the collaboration between Tether Operations Limited, the tech company behind the largest stablecoin by market capitalization, USDT. Tether and the City of Lugano plan to work toward the shared goal of scaling the city’s blockchain capabilities and transforming Lugano into a major hub for European DLT adoption. Plan ₿...

Nigel Green – CEO of deVere Group – believes the Russia-Ukraine conflict could be the catalyst that propels a surge for BTC’s price. The exec suggested that bitcoin reaching $50,000 by the end of March is not out of the question. BTC to Gain Traction Because of the War Despite the Russian invasion of Ukraine and the peace uncertainty across Europe, bitcoin’s price started climbing recently. The asset’s USD value is up by more than 15% over the last five days, as many argue...