Tag: bitcoin

Oct 27 2021

Bitcoin Price Pullback To $60,000 Is An Opportunity To Buy The Dip

Bitcoin price fails to break the resistance at $64,000, resulting in losses back to $60,000. Investors are expected to buy the dip as anticipation for $70,000 grows. Bitcoin dropped slightly below $60,000 over the last weekend but recovered almost immediately, touching highs of $63,675 on Monday. Rising overhead pressure made it increasingly difficult for bulls to keep the uptrend intact on Tuesday. According...

Latin America, Tipping Point: Bitcoin Beach Brazil, Colombia ATMs, Mining Arg

Did we overestimate Latin America’s interest in Bitcoin and other cryptocurrencies? Even though the continent seems to need the technology the most, mainstream adoption feels so far away. The El Salvador experiment might change that, but it’s not a guarantee. And, so far, there are no major indicators that any other country is going to follow suit. Is it too early for this...

Oct 26 2021

U.S. Government To Kickstart Three-day Bitcoin Auction On Tuesday

The U.S. government has announced that it will be auctioning off bitcoins in a three-day auction starting Tuesday, October 26th. The auction will be carried out online and will see the bitcoins auctioned off in batches by the U.S. government. GSA Auctions carry out auctions on behalf of the U.S. government to clear surplus assets and equipment that are...

German Authorities Auction Over 200 Bitcoin Seized From Cybercriminals

Authorities in Germany announced the auction of Bitcoin starting Monday, October 25. The Ministry of Justice of North Rhine-Westphalia set up a public auction for Bitcoin that the police seized from cybercriminals. Over 200 Bitcoin was up for grabs in a two-day sale. Related Reading | Ireland to See First Public Auction of Seized...

On-Chain Data Shows Bitcoin Miners Continue To Accumulate

Oct 26 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin miners btc btcusd

On-chain data shows Bitcoin miners are still in the process of accumulation, despite the crypto recently reaching new all-time highs (ATHs). Bitcoin Miners Continue Their Accumulation As pointed out by an analyst in a CryptoQuant post, BTC miner reserves have continued the trend up recently, despite the coin hitting new ATHs. The "...

Tom Brady Gifts Fan 1 BTC in Exchange for His 600th Touchdown Pass Ball

Oct 26 2021 Published at Coingape under tags  1 btc bitcoin bitcoin news btc nfl

NFL quarterback Tom Brady has gifted a fan 1 BTC in exchange for his historic 600th touchdown pass ball. The Tampa Bay Buccaneers fan, identified as Byron Kennedy, was mistakenly handed the ball by wide receiver Mike Evans, following the historic touchdown. As a result, Tampa Bay Buccaneers quarterback, Tom Brady nearly lost possession and The post Tom Brady Gifts Fan 1 BTC...

Tom Brady Gives Fan One Bitcoin In Exchange For 600th Touchdown Ball

Oct 26 2021 Published at Bitcoin Magazine under tags  bitcoin btc business tom brady

The fan will also receive signed jerseys and cleats, a helmet, $1,000 in fan store credit, and tickets for two seasons.NFL star Tom Brady will give 1 BTC to a fan in exchange for his 600th touchdown football."[The fan] should've held it. ... [But] I'm also giving him a Bitcoin, so at the end of the day, I think he's making...

Breaking: U.S. Regulators Exploring How To Allow Banks To Hold Bitcoin

Oct 26 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd

Per a Reuters report, the Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams claims regulators in that country are exploring a “clear path” to allow banks and clients to hold Bitcoin and other cryptocurrencies. Related Reading |...

FDIC Chairman: US Regulators Exploring How Banks Could Hold Bitcoin

Oct 26 2021 Published at Bitcoin Magazine under tags  banks bitcoin business fdic regulators

Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets.U.S. regulators are exploring ways for traditional banks to hold bitcoin.Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets."I think that we need to allow banks in this...

Bitcoin to Become a “Gigantic Asset Class,” Says Scaramucci

Reading Time: 2 minutes SkyBridge Capital CEO Anthony Scaramucci believes Bitcoin is equivalent to digital gold and will evolve into a "gigantic asset class." Scaramucci said anyone who studies Bitcoin thoroughly will end up investing in it. "Look at...

Is Cryptocurrency Dead?

Cryptocurrencies have forever changed the way we think about personal finance and doing business. For many years, they have caused controversy while being criticized, accompanied by failures, generating crime, yet giving an opportunity to earn well. Despite the numerous advantages, digital money has a number of disadvantages as well. Naturally, they are common to all financial markets, but in the case of using...

Kleiman vs Wright Trial – What NOT to Expect

Reading Time: 3 minutes The massive Kleiman vs Wright court case starts next week Plenty has been said about what to expect from the trial, some accurate and some inaccurate Here is a breakdown of what won’t happen The...

Tesla Considering to Resume Bitcoin Payments in the Near Future

Tesla is considering restarting “the practice of transacting in cryptocurrencies.” The world’s biggest manufacturer of electric vehicles has stopped accepting Bitcoin after Tesla’s CEO and founder Elon Musk criticized the digital currency for being bad for the environment.

What is Web 3.0?

Reading Time: 2 minutes Web 3.0 is frequently mentioned within blockchain circles, but what exactly is it? The concept of a decentralized web was predicted by internet creator Sir Tim Berners Lee Our quick guide explores the essentials of Web 3.0 The World Wide...

Bakkt Share Price Doubles After Mastercard and Fiserv Deals

Reading Time: 2 minutes The Bakkt share price has rocketed on news of two partnerships Bakkt has signed deals with Mastercard and Fiserv to expand the exposure of crypto to a wider audience The Bakkt share price more doubled on the announcements The share...

Not Reporting Info on Some Transaction Partners Could Soon Be a Felony

Remember the $1 trillion infrastructure bill, which caused considerable backlash from the crypto community due to the language regarding “brokers?” Abe Sutherland, an adjunct professor at University of Virginia School of Law, believes another provision tucked inside the bill could end up being a far more significant issue for anyone transacting in digital assets. Show highlights:...

Long-Term Bitcoin Holders Increase BTC Spending

During the last two weeks, long-term Bitcoin supply declined by nearly 39,500 BTC.

Long-Term Bitcoin Holders Expand BTC Spending

During the last two weeks, long-term Bitcoin supply declined by nearly 39,500 BTC.

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