Mar 05 2021

Bitcoin Losing the $50K Mark, Entering Bearish March: The Weekly Crypto Recap

Mar 05 2021 Published at CryptoPotato

This week was marked by high correlation between the traditional stock market and cryptocurrencies. Both experienced losses and Bitcoin slips below $50,000.

Bitcoin Mining Company Cipher Mining To Go Public Via SPAC, Valued At $2 Billion

Bitfury subsidiary Cipher Mining Technologies is merging with Global Acquisition Group and going public on Nasdaq.Today, Cipher Mining Technologies announced that it plans to go public via a merger...

Buying Bitcoin Couldn’t Save MicroStrategy Shares From 50% Crash

Mar 05 2021 Published at under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price has had one of its largest corrections since the bull market began, and has since struggled to reclaim $50,000. But the scenario is nowhere near as bad for the cryptocurrency as it is for one of its biggest supporters. Although the company's share price had benefitted initially from buying BTC, it wasn't enough to fend off profit-taking and an eventual now...

John McAfee and His Adviser Indicted in New Crypto Fraud Case

He is charged along with his former employee Jimmy Gale Watson on what prosecutors described as McAfee’s cryptocurrency team.

Ampleforth Removes Upgradeability, Decentralizes into Community

Ampleforth has lifted all emergency switches, taking another step towards full decentralization. The protocol is now censorship-resistant and immune to outside influence. But this wasn't always the case. Ampleforth's Winding Road Launched...

PAID Crashes 70% In Minutes as Network Purportedly Exploited

Mar 05 2021 Published at CryptoPotato

Popular DeFi protocol PAID Network saw its native token crash by more than 80% in minutes following what may have been yet another rug pull.

Retail Investors, Elon Musk And The Rise Of Bitcoin

Mar 05 2021 Published at Bitcoin Magazine under tags  elon musk markets

A landscape that gives more power to retail investors and the influence of celebrity endorsement have driven bitcoin’s recent rise.Adoption of bitcoin is accelerating at an unprecedented rate. Bitcoin is the world’s first investment megatrend in which retail investors have led institutional allocators. And, until the advent of the Great Corona Recession, that dynamic was not given much consideration by the...

Bitcoin mining firm plans $2 billion NASDAQ listing via SPAC merger

Mar 05 2021 Published at CryptoSlate under tags  btcusd mining

A U.S.-based Bitcoin mining firm, named Cipher Mining Inc., will result from the merger between Bitfury subsidiary Cipher Mining Technologies Inc. and Good Works Acquisition Group, in a special purpose acquisition company (SPAC) deal. The...

Crypto Briefing’s CB10 Index Yearly Returns Top Ethereum

Mar 05 2021 Published at Crypto Briefing under tags  crypto index markets

Crypto Briefing's CB10 experimental index was able to cushion the recent downtrend in ETH. This protection was thanks to diversification and disciplined investment in the top ten cryptocurrencies weighted by market capitalization on CoinGecko for U.S. investors. Crypto Briefing CB10 Index Performance...

Cipher Mining to Go Public via $2 Billion Deal with Good Works

Cipher is a subsidiary of blockchain infrastructure provider BitFury Group.

NFT (Non-Fungible Tokens): The Beginner’s Guide

Mar 05 2021 Published at AirdropAlert under tags  defi guides news nft trending

While most deep-pocketed hedge funds are copying the playbooks of Tesla and buying Bitcoin, many curious digitalists and everyday investors are looking towards a provably scarce class of digital assets: non-fungible tokens, or NFT. Over the past few months, the popularity of NFTs has outgrown almost all other crypto segments, including DeFi. According to Google […] The post...

Ethereum “ETH Buyback” Update Scheduled for Summer 2021

Big news for Ethereum: the network's major EIP-1559 update is happening this summer. ETH Buyback Ready to Ship EIP-1559 will go live in Ethereum's London hard fork, expected to launch in July. Tim Beiko, the coordinator for the various researchers working on the update,...

Crypto Price Analysis & Overview March 5th: Bitcoin, Ethereum, Ripple, Polkadot, and Cardano

Mar 05 2021 Published at CryptoPotato

Bitcoin Bitcoin is more or less trading at the same level it was last week around the same time. The cryptocurrency had dropped as low as $43,000 on Sunday, but it quickly bounded higher to close the daily candle above $44,750. On Monday, Bitcoin started to show some promise as it surged higher from $44,750 […]

CoinLoan: A One-Stop Cryptocurrency Powerhouse

Mar 05 2021 Published at CryptoPotato

[Featured Content] Cryptocurrencies are growing in popularity as the market has entered a parabolic state, attracting more investors by the day. This is true for both retail and institutional participants as the interest from both is skyrocketing. As CryptoPotato reported earlier in February, “buy crypto” searches on Google have reached a new all-time high record […]

Breaking: Bitcoin Mining Firm Cipher Set to Go Public at $2 Billion Valuation With SPAC Merger

Cipher Mining, a bitcoin mining subsidiary of mining hardware manufacturer Bitfury is all set to go...

MicroStrategy Stock Plummets as It Buys More Bitcoins

Its acquisition of approximately 205 bitcoins puts MicroStrategy total holdings at 91,064 coins.

Microstrategy Now Hodls 91,064 Bitcoins at $24,119 Per BTC

In summary: Microstrategy has purchased 205 additional Bitcoin for $100 million bought at $48,888 each The company now holds 91,064 Bitcoin at an average entry of $24,119 The $47k Bitcoin price area is a level of macro support that has seen the movement of 500k BTC If Bitcoin fails to hold $47k, chances are that $42k is next The software company of Microstrategy...

China Is Embracing Blockchain Solutions Amidst Hostility towards Cryptocurrency

Mar 05 2021 Published at CoinIdol under tags  news

China is known for its controversial stance on cryptocurrency. In fact, digital assets were scrutinized by the government. On the other hand, the Communist Republic seems willing to embrace blockchain technology. Apart from Bitcoin, however.

Bitcoin And The Separation Of Money And State

Mar 05 2021 Published at Bitcoin Magazine under tags  culture religion the state

Throughout recorded history, religion and power have been inexorably linked. But Bitcoin now offers a beacon of hope.The separation of money and state is the most important change to society ever. Why? Let’s rewind the clock and find out.Church And StateThroughout recorded history, religion and power have been inexorably linked. The collective belief in one or more divine entities is...

Cardano (ADA) Price Prediction and Analysis in March 2021

Mar 05 2021 Published at Coindoo under tags  ada cardano analysis

Following the recent bullish trend in the cryptocurrency arena, we’ve been persuaded to make a Cardano price prediction for March. The prediction is based on historical price analysis, market capitalization, technical analysis, and recent developments. Cardano (ADA) has been an outlier in the past few weeks, recording impressive gains and boosting its market capitalization to above the $40 billion...

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