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Tag Archives: btcusdt

Nashville SC to Accept Valkyrie Investments Sponsorship Fee in Bitcoin

The Major Soccer League participant Nashville SC partnered with the digital asset investment manager Valkyrie Investments. The latter vowed to pay its sponsorship fee entirely in bitcoin. The First MSL Team to Accept BTC Sponsorship Payment One of the leading American soccer teams – Nashville SC – dived in the world of crypto by signing a deal with Valkyrie Investments. As part of the agreement, the Premier Club – located at Nashville SC’s stadium, will be renamed to Valkyrie...

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Bitcoin Mining Company Blockmetrix Closed a $43 Million Funding Round

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...

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Hive Strikes a Deal With Intel to Buy New ASIC Chips for Bitcoin (BTC) Mining

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...

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33% of Surveyed American Women Intend to Buy Crypto in 2022: Study

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...

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After Losing $6000 in 3 Days, This is The Next Major Support for Bitcoin (Price Analysis)

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...

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Justin Bieber’s Manager Sold His Mansion for $18.5 Million in Bitcoin: Report

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...

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Bitcoin Dumps Below $40K: Lost $6K in 3 Days (Weekend Watch)

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...

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Retail Accumulation on the Rise as Small BTC Addresses at All-Time 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...

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Bitcoin’s Rollercoaster and Crypto Volatility Amid War in Ukraine: This Week’s Recap

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...

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Swiss City Lugano to Make Bitcoin and Tether its Official De Facto Currency

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 ₿...

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