Tag: btcusd

Apr 11 2021

Bitcoin firm that exploded 12,000% in the past year is buying the world’s largest mining farm

Apr 11 2021 Published at CryptoSlate under tags  btcusd edge mining

Riot Blockchain, a publicly listed U.S. Bitcoin mining player, acquired a crypto mining facility for over $650 million last week as it looks to expand its operations. The farm is currently under construction and is touted as the world’s largest Bitcoin mining farm. Mining Bitcoin with RIOT Riot Blockchain (RIOT) was...

Bitcoin (BTC) Outperforms Institutional Assets in Q1 2021

Apr 11 2021 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

Bitcoin (BTC), the world’s first digital currency has notably outperformed other institutional assets in the first quarter of 2021. The...

Is Bitcoin Following S2F Model? How a $200K Top Could be in Sight

Apr 11 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin price btcusd btcusdt s2f

Is Bitcoin a commodity? It is, according to most regulatory agencies including the CFTC. But is Bitcoin a store of value (SoV) commodity? That seems to be the current consensus. Most of the investors are treating it as so, and calling it “Gold 2.0.” Well, if that’s the case, then Bitcoin should follow the stock-to-flow model. At least to...

Infosys Co-Founder Suggests Crypto Capital Inflow Can Solve India’s SME Financial Gap

Apr 11 2021 Published at Coingape under tags  altcoin news bitcoin news btcbrl btcbusd btcdai

Nandan Nilekani, the co-founder, and chairman of Infosys published an opinion piece today on the growing SME funding gap in India and how cryptocurrencies can help in closing the gap. The opinion piece and bullish stance of India's leading IT consultancy provider come at a time when the Indian government is reportedly working towards a The post Infosys Co-Founder Suggests Crypto Capital Inflow...

LTC Price Analysis: Litecoin Price Eyes $300 as Bulls Test $250 Resistance

Apr 11 2021 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

LTC Price reaches 3 year high, Litecoin Price has biggest daily gain in 30 days $256 resistance break will set price free for movement up...

Apr 10 2021

Bitcoin Funding Rates Hit Peak Amid Surge Above $60K, What’s Next?

Bitcoin price today broke out of its long consolidation phase between $58K- $60K to register a new monthly high of $61,276. The price has retraced back to $60,300 at the time of writing as funding rates have started to skyrocket....

Kryptoin Pushes for a Second Bitcoin ETF Amidst Mounting Pressures on the US SEC

Apr 10 2021 Published at Coingape under tags  bitcoin bitcoin etf bitcoin news btcbrl btcbusd

Kryptoin has submitted an application for its second Bitcoin Exchange Traded Fund (ETF) product with the United States Securities and Exchange Commission (SEC). Per the...

“You’d have to shut down the Internet” to ban Bitcoin, says SEC’s Hester Peirce

Apr 10 2021 Published at CryptoSlate under tags  adoption btcusd people regulation

Any of the government's efforts to ban Bitcoin would be “foolish,” said Hester Peirce (aka “Crypto Mom”), a very Bitcoin-friendly commissioner at the U.S. Securities and Exchange Commission (SEC), during a MarketWatch virtual conference earlier this week. “I think we were past that point very early on because you’d have to shut...

Bitcoin Price Surge Above $61,000 Leads to $500 Million In Short Liquidations

Apr 10 2021 Published at Coingape under tags  000 bitcoin $61 bitcoin news btcbrl btcbusd

Earlier today, Bitcoin (BTC) registered a solid 5% breaking past all resistance and...

Biggest Blockchain Patent Holder Alibaba Faces $2.8B Fine Amid Growing Fallout With Gov

Alibaba, the largest e-commerce company in China and the biggest blockchain patent holder was fined $2.8 billion for anti-trust activities by the Chinese government. The fine was imposed after the market monopoly investigation which indicated that Alibaba was punishing retailers for selling the same goods on other platforms. Alibaba is believed to be one of The post Biggest Blockchain Patent Holder Alibaba Faces...

Bitcoin (BTC) Growth Is Essential to Maintain USD Dominance over Digital Yuan. Here’s Why

Apr 10 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Multiple industry reports suggest that China's CBDC Developments over the long term can eclipse the USD dominance in global trade. It is true that China is developing its Digital Yuan to reduce the dependence on the USD,...

After FUD Over Last Week, Bitcoin (BTC) and Ethereum (ETH) Bounce Back 5% Each

Apr 10 2021 Published at Coingape under tags  altcoin news bitcoin news btcbrl btcbusd btcdai

The crypto market has once again a solid surge moving up 4% and registering a $2 trillion market cap once again. Thanks to the two big crypto juggernauts Bitcoin (BTC) and Ethereum (ETH) that have shot up by 5% each moving...

Apr 09 2021

Stock-to-flow model predicts 1 Bitcoin will equal 10,000 gold oz in 2029

Apr 09 2021 Published at CryptoSlate under tags  analysis btcusd investments

Perianne Boring, the Founder of the Chamber of Digital Commerce, said one Bitcoin would equal ten thousand ounces of gold in eight years. Her lofty statement was the result of analysis using the stock-to-flow (S2F) model. The S2F model measures the scarcity of a particular resource. It uses...

App maker Meitu buys another 175 BTC, pushing Bitcoin closer to a breakout

Apr 09 2021 Published at CryptoSlate under tags  analysis btcusd price watch

Institutional and retail demand for cryptocurrencies is at an all-time high. Tesla’s bold move to allocate some of its wealth into Bitcoin seems to have encouraged other firms to diversify into digital assets. One of the many firms that want to avoid “the risks of missing out on the potential for Bitcoin becoming the global benchmark digital asset,” as Bloomberg...

UNICEF explains how Bitcoin donations help its cause

Apr 09 2021 Published at CryptoSlate under tags  adoption btcusd culture

Global humanitarian agency UNICEF (the United Nations International Children’s Emergency Fund), received a $1 million donation in Bitcoin...

Crypto Review: Utrust [UTK] Price And Market Analysis, Is $UTK a Good Future Investment?

Apr 09 2021 Published at Coingape under tags  altcoin btcbrl btcbusd btcdai btceur

We hope you're enjoying our market and price analysis of top crypto projects. Our next project in the same series is Utrust ($UTK) trying to disrupt e-commerce, crypto and mobile payments. So, let's begin....

Bank Begins Blocking Shares Of Companies Who Buy Bitcoin

Apr 09 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

At the height of the last so-called Bitcoin "bubble" banks began feeling the crunch of coming competition and began blocking transactions related to "virtual currencies." But as we've seen as of late, banks are finally coming around along with the rest of the finance world. However, not all banks are hopping on the bandwagon, and others are back to their old bag of...

Op-ed: Bitcoin has lost its altruism

Apr 09 2021 Published at CryptoSlate under tags  btcusd ethusd guest post opinion

My first real relationship with Bitcoin started when I was living in a Costa Rican indigenous village. I had found a postcard advertising Bitcoin. At that moment, I had my first epiphany about this nascent technology. Blockchain represented a novel and valuable architecture that provided mankind with, at minimum, real monetary choice in this world in the form of non-governmental...

A Bitcoin Correction Towards $55,000 Likely At The End of Week

Key Bitcoin Price Outlook Bitcoin reaches a short-term resistance trendline that constitutes a descending channel pattern. The cryptocurrency risks upside rejection heading into the weekend session. Its downside target lurks near $55,000. Sliding US bond...

Bitcoin Eyes Long-Term Benefits on Central Banks’ Dollar Ditch

If global central banks are any indicator, the bitcoin price can continue its supersonic bull run despite hitting a pause in the past three weeks. At the core of the bullish theory is the US dollar. True, the global store of value has attempted impressively to emerge out of its 2020 bearish trend, the one that...

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