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How Bitcoin back above $60,000 could create a powerful upside move
After a consolidation phase spread over the last few weeks, Bitcoin is trading back above $60,000. With 3% gains in the daily chart, at the time of writing, and 2% profit in the weekly chart BTC still looking for confirmation… Read full article
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Why this OlympusDAO’s product could be amongst DeFi most lucrative
Taking the market by storm, OlympusDAO’s native OHM is up 95.8% this week alone and 31.1% in the past two weeks. At the time of writing, OHM is trading at $812,76 with 7.3% profits in the 24-hour chart. With a… Read full article
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JPMorgan Eyeing Bitcoin’s Contango, Releases Bullish Report
JPMorgan has released a report on the futures and derivatives market around bitcoin, providing insight and bullish sentiment. In a report titled “Why Is The Bitcoin Futures Curve So Steep?” JPMorgan Chase analysts examined the growing futures and derivatives market… Read full article
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How Ripple’s big win in court correlates with XRP’s 113% rally
The bulls ride again on XRP’s side, as the token breaks about $1. On the legal subject, things seem to be going well for Ripple’s corner as rumors of an SEC settlement grow louder. Back in December, the Commission hit… Read full article
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Cryptograffiti Launches Bitcoin Micropayment Plugin For DJs And Music Producers
Bitcoin-inspired artist cryptograffiti has launched the open-source project to better compensate DJs and music producers directly. Bitcoin-inspired artist cryptograffiti has announced the launch of an open-source project meant to facilitate bitcoin revenue streams for DJs and music producers with an… Read full article
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LA Real Estate Mogul Buys Bitcoin, Accepts BTC For Rent
A massive LA-based luxury real estate firm has begun accepting Bitcoin for rent payments. In addition to loading up on BTC for its corporate reserves, the company has also tapped popular exchange Gemini to help build a crypto centric ecosystem… Read full article
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Why Bitcoin could favor USD dominance over Digital Yuan
Contrary to what many in the crypto space are discussing, Senior Commodity Strategist for Bloomberg, Mike McGlone, has made the case for Bitcoin being beneficial for the U.S. dollar over China’s digital Yuan. According to McGlone, the cryptocurrency is “eclipsing”… Read full article
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Crypto Analyst Expects “Escape Velocity” When Bitcoin Breaks $60K. Here’s Why
Bitcoin price is still stuck under $60,000 but unable to push any lower than $55,000. The tightening across the crypto market has been long and arduous but when $60,000 is finally broken, the crypto asset should reach what one analyst… Read full article
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How Injective and Band Protocol will take DeFi to the next level
Injective Protocol has announced that it will expand its partnership with Band Protocol. As such, it will operate a validator node for BandChain. In exchange, Band Protocol will begin participating in Equinox Staking, according to an official post. This is… Read full article
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Scaling Bitcoin With The Erlay Protocol
In this episode of “The Van Wirdum Sjorsnado,” the hosts discussed the Erlay protocol, scaling Bitcoin and Minisketch. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of “The Van Wirdum Sjorsnado,”… Read full article
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Up 700% in Q1, BNB’s next rally could be one for the “history books”
Crypto research firm Messari released this Q1 Performance Recap, the undisputed winner on the top assets was Binance Coin (BNB) with an astonishing 709% in profits. Followed by ADA (557%) and UNI, BNB seems ready to continue its rally. Conducted… Read full article
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Bitcoin Surge Has Kraken Considering Direct Listing
Cryptocurrency exchange Kraken is reportedly considering following in Coinbase’s footsteps and conducting a direct public listing. In a move that would significantly cement the position of bitcoin and cryptocurrency exchanges as major businesses, Kraken, a prominent U.S.-based exchange, is reportedly… Read full article
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Robinhood Saw Cryptocurrency Trading Spike To 9.5 Million Customers In Q1
Robinhood announced major growth in the number of customers making cryptocurrency trades — up to 9.5 million in the first quarter of 2021. Financial services company Robinhood has announced that in the first quarter of the year, the number of… Read full article
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The Art Of The HODL
The HODL meme transcends digital jokery and insulates Bitcoiners through the power of community belief. HODL /ho-dl/ (verb) 1. To hold onto something [bitcoin] tightly with no intention of letting it go 2. To hold on for dear life Origin:… Read full article
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Ripple CTO Hints at XRP Ledger Upgrades to Enable an NFT Strategy
Ripple CTO David Schwartz said the firm is currently working on a non-fungible token (NFT) strategy. He added that based on observations, people care little about the underlying technology, only the NFT itself and the user experience. “Ripple is currently… Read full article
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Executive Summary: Why Every Fixed Income Investor Needs To Own Bitcoin As Portfolio Insurance
Greg Foss takes a deep look at the conditions surrounding the global credit market in this executive summary. It is often said that equities are about emotion, whereas bonds are about reason. Equity investors tend to ask, “How much can… Read full article
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Earning Interest on Crypto & Fiat Has Never Been Easier as Nexo Offers Passive Income of up to 12%
Nexo, the trusted digital assets institution that was the first to introduce lending services to the crypto sector has surpassed many traditional investment instruments by also offering high yield returns in the form of daily interest payouts. Offering up to… Read full article
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Radio Host Dave Ramsey Warns Bitcoin Investor of His “Vegas Problems”
Dave Ramsey told a caller, seeking advice on his Bitcoin holdings, he has “Vegas problems.” Offering his advice on what he would do, the radio host unceremoniously recommended the caller cash out tomorrow. “You’ve got Vegas problems, man. You walked… Read full article
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Bitcoin Selling Pressure is Declining, Hints Key Glassnode Indicator
Even as the bitcoin market shows signs of bullish exhaustion after logging a 1,500-percent-plus upside move in the previous 13 months, all is not lost. Investors with a long-term growth outlook still want to hold onto the flagship digital asset,… Read full article
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The Second Edition of NFT Awards Announced, Intense Competition Expected
The second edition of NFT Awards is now here. Digital Entertainment Asset Pte Ltd (DEA), a Singapore based new-age digital entertainment major has announced the NFT Awards 2021 – an exercise that enables the crypto industry to recognize some of… Read full article
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TA: Bitcoin Reclaims 100 SMA, Here’s Why BTC Could Resume Uptrend
Bitcoin price started a fresh increase above the $57,500 resistance against the US Dollar. BTC is showing positive signs above $58,000 and the 100 hourly SMA. Bitcoin remained well bid above the $56,000 level and it started a fresh increase.… Read full article
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Crypto CEO “Convinced” Of Bitcoin Cycle Top, Warns Of Sell Side Intensity
Despite the best efforts by bulls for what has been several weeks now, Bitcoin price can’t seem to get back above $60,000 and spend any meaningful time above it. Fundamentals are as bullish as it gets for the top cryptocurrency,… Read full article
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Bitcoin Reclaims $58K After Fed Underscores Continued Recovery Support
Bitcoin rallied on Thursday after the Federal Reserve vowed to support the economic recovery in the United States. The benchmark cryptocurrency jumped 3.80 percent to $58,083 after declining two days in a row. Meanwhile, its rivals across the crypto space,… Read full article
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