Month: December 2020

$30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak

$30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak

Bitcoin (BTC) HODLer volume has marked previous tops and the start of bull cycles. As the dominant cryptocurrency heads towards $30,000, HODLer activity could be a useful tool to potentially gauge BTC’s next peak. Since October, as Cointelegraph reported, the HODLing activity of Bitcoin has continuously increased. Fewer HODLers have been moving their holdings, which …

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Price analysis 12/30: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, BSV

Price analysis 12/30: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, BSV

On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum may have been bought up by Bitcoin whales. Data also signals that large investors have been buying and holding their purchases throughout 2020, without booking …

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Bitcoin Sets Eyes on $30,000 After Logging Another Record High

Bitcoin Sets Eyes on $30,000 After Logging Another Record High

Bitcoin careened to another record high on Wednesday amid concerns about this year’s huge stimulus packages. The flagship cryptocurrency continued to attract capital from investors that view it as a hedge against fiat devaluation and inflation. On Tuesday, SkyBridge Capital investment revealed that it had invested about $182 million in Bitcoin ahead of its proprietary …

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Cover Protocol announces compensation plan following mining contract attack

Cover Protocol announces compensation plan following mining contract attack

Peer-to-peer coverage market Cover Protocol has published a compensation plan for token holders and liquidity providers affected by the recent hack. As part of the process, the Cover Protocol team took a snapshot at block height 11541218, the last transaction block before the exploit began. Eligible liquidity providers on Uniswap, SushiSwap, and Balancer will receive new …

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Gold Bug Peter Schiff’s Understanding of Money is Flawed, Says His Pro-Bitcoin Son

Gold Bug Peter Schiff’s Understanding of Money is Flawed, Says His Pro-Bitcoin Son

Gold bug Peter Schiff has been publicly confronted by his 18-year-old son, a bitcoin proponent, on the topic of value. Calling his dad’s understanding of money “Flawed,” Spencer Schiff made the statement in defense of TV Personality Max Keiser, who was having an argument with Peter on Twitter. ‘Your Understanding of Money is Flawed’ Gold …

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Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC

Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC

The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. The Alleged Misinformation …

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XLMUSDT

XLMUSDT

Cryptocurrencies Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin Currencies EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF Stocks Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc Indices S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index Futures Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin Bonds …

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NFL player Russell Okung isn’t getting paid in Bitcoin; this is what he’s doing instead

NFL player Russell Okung isn’t getting paid in Bitcoin; this is what he’s doing instead

National Football League player Russell Okung is a strong proponent of Bitcoin (BTC). And while he may be converting a portion of his salary into BTC, his employer, the Carolina Panthers, isn’t paying him in virtual currency — although a few excitable crypto-focused publications were foxed by the story. A spokesperson from the Carolina Panthers …

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'Rat poison squared' Bitcoin passes Warren Buffett's Berkshire Hathaway by market cap

‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire Hathaway by market cap

Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market. Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already sparking Bitcoin’s second-largest transaction volumes. BTC transaction volume eyes record At a total of $252.37 billion the remaining 24 hours …

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The US has already lost the 2020 crypto regulation race to Europe

The US has already lost the 2020 crypto regulation race to Europe

2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, such as PayPal’s decision to enable its users to buy and sell Bitcoin (BTC), have understandably dominated the headlines. However, pivotal regulatory developments across the globe have largely flown under the radar …

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Cosmos (ATOM) - December 31

Cosmos (ATOM) – December 31

Hello? Dear traders, nice to meet you. “Like” is a huge force for me. By “following” you can always get new information quickly. Thank you for always supporting me. ————————————————– —– You need to make sure you can get support at point 5.314. You’ll also need to climb above the 5.443 point to see if …

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High volume surge propels Bitcoin price to a new all-time high at $29,000

High volume surge propels Bitcoin price to a new all-time high at $29,000

Within the last hour, Bitcoin (BTC) price rallied to set a new all-time high at $29,000.  On Dec. 29 Bitcoin price attempted to push through a stiff resistance cluster at $28,500 but after rallying to $28,600 the price rejected with a sharp correction to $27,300. Daily cryptocurrency market performance. Source: Coin360 Today’s move to $29,000 …

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BitGo Fined For Allowing Sanctioned Countries Access its Crypto Wallet

BitGo Fined For Allowing Sanctioned Countries Access its Crypto Wallet

Crypto wallet and custodian BitGo has agreed to pay just short of $100,000 to settle violations of sanctions rules administered by the US Treasury’s Office of Foreign Assets Control. The OFAC said the violations occurred because BitGo, in 183 instances, allowed to people located in sanctioned regions to use its non-custodial digital wallet management service. …

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