[ad_1] The ongoing price rally in the Bitcoin market paused on Friday as traders decided to secure their short-term profits against the strengthening US dollar, even though a long-term outlook showed the flagship cryptocurrency in a vital state. The BTC/USD exchange rate dropped to an intraday low of $46,845 during the European session, according to […]
[ad_1] Bitcoin edged higher on Thursday after traders realized MasterCard’s plans to integrate cryptocurrencies into its traditional payment services later this year. The credit card giant’s revelation came days after Tesla, a Fortune 500 carmaker, showed a $1.5 billion worth of Bitcoin in its balance sheets this Monday, further asserting that it would start accepting […]
[ad_1] “As long as we are above 42k then this should be the next leg of the uptrend,” he wrote. “Lose that and we can consider it a deviation in which pain ensues. The spot to watch IMO. Hold and we see 60-64k soon.” The statement appeared in the wake of Bitcoin’s latest intraday correction […]
[ad_1] The DeFi industry is bound to undergo some crucial changes over the coming years. After noting initial successes, there are still serious concerns regarding the issuance of new tokens and Ethereum’s ecosystem fracturing. Addressing those issues requires out-of-the-box thinking. The Current DeFi Token Platform Issues For anyone who is not a degenerate decentralized finance […]
[ad_1] Elon Musk’s Tesla invested $1.5 billion in Bitcoin, according to its latest filing with the US Securities and Exchange Commission. The American vehicle giant reported that it changed its investment policies in January 2021 to “further diversify and maximize returns” on the cash it did not require for operational liquidity. It later sought approval […]
[ad_1] German authorities have seized a Bitcoin wallet containing 1,700 BTC, valued at approximately $60 million at the current price. However, the wallet owner refuses to cooperate in disclosing the password. The seizure came about after an investigation into covert crypto-malware installations over two years ago. The fraudster at the heart of the storm has […]
[ad_1] FreeBitco.in, one of the largest bitcoin gaming websites which also holds the distinction of being the seventh-largest online casino has announced the adoption of FUN token to power its Premium Membership Program set to go live on 15th March 2021. With this development, FreeBitco.in is offering its users as well as investors an opportunity […]
[ad_1] A recent downside correction in the Bitcoin market has done little to offset its long-term bullish bias, indicates Robbie Liu. The OKEx investment analyst listed a flurry of trading data readings that showed the cryptocurrency facing limited downside risks. He noted that the last week’s “Musk rally” of more than $6,000 helped the bullish […]
[ad_1] Ethereum achieved a new milestone this Thursday as its price almost touched $1,700 for the first time in history. The ETH/USD exchange rate hit $1,699 on the Coinbase exchange after rallying 29.79 percent this week. Traders flocked into the Ethereum market in the wake of its futures contracts’ launch on the Chicago Mercantile Exchange […]
[ad_1] Cryptocurrency exchanges experienced a dramatic rise in stablecoin deposits in the previous 24 hours, instilling hopes that traders will use the dollar-pegged tokens to purchase Bitcoin. Data fetched by blockchain analytics platform, CryptoQuant, showed exchanges’ stablecoins reserves hitting a record high of 5.47 billion after adding $600 million in a day. The spike apprehensively […]