โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Haru goes by this name HaruInvest HaruBank, It’s a Korea company, I recently started digging into Haru and was confident to place in 1 BTC & more worth of funds, totaling almost $20k? Into Haru’s Earn Plus and Invest. They are protected by BitGo, withdrawal is possible, spoke to their members, responsive assisted my questions. The payout by far is the highest I’ve seen, compared to existing products like Celsius / Cryptocom / Blockfi. The platform mentioned makes money like bank loans…
Day: November 15, 2020
The rise of major Bitcoin mining institutions is inevitable
There are very few investments that can deliver an infrastructure-style downside case with a venture-capital-style upside. The combination of energy arbitrage with accumulating a balance sheet of Bitcoin (BTC) can deliver this. That is why we are seeing a rush of institutions pouring into the Bitcoin mining space and starting to build out megafacilities. Securing new-generation hardware At its peak performance in 2018, Bitmain was able to produce over 95,000 rigs per week. However, since that point, production levels have come down, a partial result of its ongoing legal battle.…
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Ethereum Dips Towards $440 Remain Attractive To The Bulls
Ethereum traded above the $450 resistance, but it is struggle near $480 against the US Dollar. ETH price is correcting gains, but it is likely to find strong bids near $440. ETH price traded to a new multi-month high near $478 against the US Dollar. The price is currently correcting lower below $465, but it is well above the 100 simple moving average (4-hours). There was a break below a key bullish trend line with support near $460 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…
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PayPal BITCOIN Buying Rollout Has Started & Everyone Wants CRYPTO!
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Circle CEO Jeremy Allaire was able to buy Bitcoin on PayPal’s platform showing that the rollout of it’s Crypto services has started. Indian-American author and alternative-medicine advocate Deepak Chopra considers buying Bitcoin. Gazprombank, a bank from the fold of Russian energy giant Gazprom, is launching institutional cryptocurrency services in Switzerland. The U.S. Library of Congressโ law division has beefed up its cryptocurrency legal resources to meet a spike in demand for information on the topics. ๐ Get the Ledger Nano X to…
Bitcoin Signaling Start of Corrective Decrease, Why $15K Is The Key
Bitcoin price traded to a new multi-month high close to $16,500 against the US Dollar. BTC is now signaling a downside correction and it could test the $15,200 support. Bitcoin traded above the $16,000 resistance and almost tested the $16,500 zone. The price is now correcting below $16,000, but it is well above the 100 simple moving average (4-hours). There was a break below a major bullish trend line with support at $16,000 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is showing signs…
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Bitcoin Primed to Bounce as $16,000 Level Holds Multiple Times
Bitcoin has undergone a slight drop since the $16,400 highs. Though analysts think that the cryptocurrency remains bullish as the $16,000 support level holds. Related Reading: Hereโs Why Ethereumโs DeFi Market May Be Near A Bottom Bitcoin Could Move Back Toward the Highs as $16,000 Holds Analysts think that Bitcoin could move back toward the local highs as it holds $16,000 with precision. Sharing the chart below, one trader said recently: โ$BTC looks ready to test at least $16.2k Multiple wicks into previous resistance is reminding me of the weekly…