Bitcoin Hasn’t Done This Since 2015 Before Its 10,000% Bull Run
Bitcoin price experienced a huge 20% surge in value last week, but one indicator suggests BTC could still be in a downtrend.
The price of Bitcoin (BTC), the top-ranked cryptocurrency, currently sits around $9,000, after last week's impressive 20% rally in a single day. With the halving now less than 2 weeks away, it might seem like a no brainer to go long on Bitcoin to catch the next explosive move. To read more... https://cointelegraph.com/news/bitcoin-hasnt-done-this-since-2015-before-its-10-000-bull-run
Bitcoin price experienced a huge 20% surge in value last week, but one indicator suggests BTC could still be in a downtrend.
The price of Bitcoin (BTC), the top-ranked cryptocurrency, currently sits around $9,000, after last week's impressive 20% rally in a single day. With the halving now less than 2 weeks away, it might seem like a no brainer to go long on Bitcoin to catch the next explosive move. To read more... https://cointelegraph.com/news/bitcoin-hasnt-done-this-since-2015-before-its-10-000-bull-run
Twitter accounts of Joe Biden, Barack Obama, Elon Musk, Bill Gates, and others apparently hacked
San Francisco(CNN Business) Twitter (TWTR) accounts belonging to Joe Biden, Bill Gates, Elon Musk and Apple, among other prominent handles, were compromised on Wednesday and posted tweets that appeared to promote a cryptocurrency scam.
The accounts, along with those of former President Barack Obama, Kanye West, Kim Kardashian West, Warren Buffett, Jeff Bezos and Mike Bloomberg, posted similar tweets soliciting donations via Bitcoin to their verified profiles on Wednesday.
"Everyone is asking me to give back, and now is the time," Gates' tweet said, promising to double all payments to a Bitcoin address for the next 30 minutes.
Twitter's support account said: "We are aware of a security incident impacting accounts on Twitter. We are investigating and taking steps to fix it. We will update everyone shortly."
To read more...
https://www.cnn.com/2020/07/15/tech/twitter-hack-elon-musk-bill-gates/index.html
San Francisco(CNN Business) Twitter (TWTR) accounts belonging to Joe Biden, Bill Gates, Elon Musk and Apple, among other prominent handles, were compromised on Wednesday and posted tweets that appeared to promote a cryptocurrency scam.
The accounts, along with those of former President Barack Obama, Kanye West, Kim Kardashian West, Warren Buffett, Jeff Bezos and Mike Bloomberg, posted similar tweets soliciting donations via Bitcoin to their verified profiles on Wednesday.
"Everyone is asking me to give back, and now is the time," Gates' tweet said, promising to double all payments to a Bitcoin address for the next 30 minutes.
Twitter's support account said: "We are aware of a security incident impacting accounts on Twitter. We are investigating and taking steps to fix it. We will update everyone shortly."
To read more...
https://www.cnn.com/2020/07/15/tech/twitter-hack-elon-musk-bill-gates/index.html
There is an old saying on Wall Street: buy the rumor, sell the news.
The adage is based on the belief that market participants, being forward-looking, tend to buy an asset when expecting positive information and take profit, driving the market lower on confirmation of the news.
Bitcoin has rallied over 40% this month on expectations that the U.S. Securities and Exchange Commission (SEC) would approve an exchange-traded fund investing in futures contracts tied to the cryptocurrency.
With ProShares’ product live now on the New York Stock Exchange, there is a lot of noise in the market about the possibility of a sell-the-fact pullback in bitcoin.
Similar price action was seen earlier this year as bitcoin topped out at $64,801 when crypto exchange @Coinbase debuted its stock listing on Nasdaq on April 14. The cryptocurrency fell to $30,000 the following month.
Blockchain data supports the case for sell-the-fact action after the ETF listing. Analysts, however, stand divided on the issue.
https://www.coindesk.com/markets/2021/10/19/analysts-divided-on-prospects-of-sell-the-fact-move-as-bitcoin-etf-listing-nears
The adage is based on the belief that market participants, being forward-looking, tend to buy an asset when expecting positive information and take profit, driving the market lower on confirmation of the news.
Bitcoin has rallied over 40% this month on expectations that the U.S. Securities and Exchange Commission (SEC) would approve an exchange-traded fund investing in futures contracts tied to the cryptocurrency.
With ProShares’ product live now on the New York Stock Exchange, there is a lot of noise in the market about the possibility of a sell-the-fact pullback in bitcoin.
Similar price action was seen earlier this year as bitcoin topped out at $64,801 when crypto exchange @Coinbase debuted its stock listing on Nasdaq on April 14. The cryptocurrency fell to $30,000 the following month.
Blockchain data supports the case for sell-the-fact action after the ETF listing. Analysts, however, stand divided on the issue.
https://www.coindesk.com/markets/2021/10/19/analysts-divided-on-prospects-of-sell-the-fact-move-as-bitcoin-etf-listing-nears
CoinDesk
Analysts Divided on Prospects of Sell-the-Fact Move as Bitcoin ETF Listing Nears
Bitcoin peaked after Coinbase’s debut on Nasdaq on April 14
Kusama (KSM) council announces early start for next batch of parachain auctions — link
CryptoSlate
Kusama (KSM) council announces early start for next batch of parachain auctions
High-speed blockchain Kusama has made a recent change in its schedule regarding the impending parachain auctions.
Facebook Finally Launches Digital Currency Wallet Novi but Senators Want to Close This Project — link
Coinbase becomes official partner of NBA as crypto goes mainstream — link
CryptoSlate
Coinbase becomes official partner of NBA as crypto goes mainstream
Coinbase has announced a new partnership with NBA which is geared towards promoting crypto education and the crypto economy.
Transient Raises $1.2 Million in IDO Public Sale to Build the Amazon of Smart Contracts — link
UseTheBitcoin
Transient Raises $1.2 Million in IDO Public Sale to Build the Amazon of Smart Contracts | UseTheBitcoin
Tortola, British Virgin Islands, 22nd October, 2021,
200 Bitcoin ATMs installed at Walmart… with plans for 8,000 in total — link
Cointelegraph
200 Bitcoin ATMs installed at Walmart… with plans for 8,000 in total
Walmart has installed 200 Bitcoin ATMs in a trial and plans to eventually install 8,000 across the U.S. in just another sign of mainstream adoption.
CoinMarketCap hack reportedly leaks 3.1 million user email addresses — link
Cointelegraph
CoinMarketCap hack reportedly leaks 3.1 million user email addresses
CoinMarketCap confirmed that it found a correlation between the leaked emails and its user base but has yet to find the source of the hack.
PayPal Notches Largest Bitcoin Volume For The First Time In Months — link
ZyCrypto
PayPal Notches Largest Bitcoin Volume For The First Time In Months
Payment giant PayPal has seen the most significant Bitcoin activity on the platform in recent months. It seems that the move to embrace
Mastercard partners with Bakkt, to offer customers ‘ability to buy, sell, hold crypto’ — link
AMBCrypto
Mastercard partners with Bakkt, to offer customers ‘ability to buy, sell, hold crypto’
Mastercard announced its entry into the cryptocurrency industry, and it might never be the same again. Thousands of partner banks and millions of merchants on its payment network, might soon be able to integrate cryptocurrencies into their products. According…
Avalanche Integrates Ampleforth to Boost DeFi Ecosystem — link
Crypto Briefing
Avalanche Integrates Ampleforth to Boost DeFi Ecosystem
Ampleforth has integrated with Avalanche, allowing DeFi protocols on the network to denominate stable contracts using the AMPL token.
EXAMINING SHORT-TERM BITCOIN HOLDER BEHAVIOR — link
Bitcoin Magazine
Examining Short-Term Bitcoin Holder Behavior
Examining the dynamics of short-term holders during bitcoin bull markets and bear markets.
Redditors cheer as GameStop assembles team of NFT experts — link
Cointelegraph
Redditors cheer as GameStop assembles a team of NFT experts
Gamestop is on the hunt for a team of blockchain and NFT experts to build the firm’s NFT marketplace and Web3 gaming initiatives. GME fans on Reddit are cheering.
Ripple deploys its first on-demand liquidity tool in the Middle East — link
CryptoSlate
Ripple deploys its first on-demand liquidity tool in the Middle East
Ripple partners up with Pyypl in a bid to bring instant, low-cost remittances to the Middle East and North Africa (MENA) region.
Visa Invests in Deserve Following Success of BlockFi Credit Card — link
U.Today
Visa Invests in Deserve Following Success of BlockFi Credit Card - U.Today
A credit card that was launched by BlockFi, Visa and Deserve ended up being a massive hit