Bitcoin has surged in the past 24 hours, adding 0.53% to its value. Binance Coin remains bearish, down 0.46% in 24 hours. Holo was bearish, down 0.81%, while Audius was bullish, up 7.30% in 24 hours. Global cryptocurrency market shows signs of recovery, rising 0.08% in 24 hours. After a huge recession, the global cryptocurrency …
An overview of daily price analysis of Bitcoin, Binance, Holo and Audius Read More »
The price of bitcoin may be falling below $40,000, but the latest data show no let-up in demand from major investors. Ki Young Ju, CEO of CryptoQuant, an on-chain analytics platform, believes institutional purchases of Bitcoin could once again become the "big narrative" in cryptography. Large BTC transfers from Coinbase Pro Ki highlighted data from …
Amazon CEO Andy Jassy reportedly told media on Thursday that he does not own any Bitcoin or NFT, but that he is optimistic about the future of cryptocurrencies and NFT. "I don't own bitcoin," Mr. Jassy said in an interview. "We may not be using cryptocurrencies as a payment mechanism for retail businesses yet, but …
Amazon's new CEO: Doesn't own Bitcoin, but Amazon may sell NFT in the future Read More »
U.S. stock listed company Singularity future April 14 announcement, April 10 with Georgia-based company Golden Mainland Inc. Contract to build bitcoin mines in Texas, Ohio and other states, with an estimated total of 1 GIGawatt, and an estimated load of 300,000 bitcoin mining machines, each with a power consumption of 3,400 watts/hour; The joint investment …
Luna Foundation Guard (LFG) bought 2,508 bitcoins worth about $100 million on Tuesday as part of a plan to increase its holdings by $10 billion. LFG is a non-profit organization responsible for establishing reserves to support Terra's peg to the US dollar, the stablecurrency TerraUSD (UST). Nearly $17 billion worth of cryptocurrencies have been issued …
The Luna Foundation Guard has added $100 million in Bitcoin to support Terra Read More »
Speaking at the Exchange ETF conference in Miami on Tuesday, Cathy Wood, founder of Ark Investment Management, said the private market seems to understand opportunities better than the stock market when assessing the value of disruptive innovations, as she discussed the recent setbacks of her innovation-focused investment strategy. "The private market understands this," Wood said, …
According to Glassnode's research, on-chain consumption behavior suggests that some investors appear to have taken profits during the recent rally. "We have yet to see a convincing influx of new users or demand," the report said. Specifically, bitcoin's user base currently lacks evidence of strong growth or recovery, with daily active users still at the …
Despite the drop in on-chain activity, bitcoin mining competition is soaring Read More »
While bitcoin has been trading higher for much of March, investor sentiment has been particularly upbeat since Sunday. Vanda Research says small investors are banking on continued momentum. The price of bitcoin passed above $45,000 over the weekend -- a key level at which bitcoin has been rallying this year. The next rally -- $50,000 …
Multiple positive retail investors are flocking to bitcoin Read More »
Bitcoin tends to follow tech stocks, meaning the world's largest cryptocurrency could fall to $30,000 by June, Arthur Hayes, co-founder of cryptocurrency trading platform BitMEX, said on Monday. Hayes said in a blog post on Monday that the same scenario could send Ethereum down to $2,500. Bitcoin and Ethereum are currently trading around $42,300 and …
BitMEX founder: Bitcoin could fall to $30,000 by June Read More »
Although regulators have outlawed virtual currency business, "underground" virtual currency businesses continue to be banned. Guangzhou Development and Reform Commission carried out the first on-site remediation of virtual currency "mining" in Guangzhou in March this year. More than 190 virtual currency "mining" professional mining machines, worth more than 5 million yuan, were seized in a …