Day: December 14, 2020

GOLD IS DEAD… probabilmente… ecco dove può arrivare Bitcoin

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Grafici presi da 👉 PRIMEXBT INSERISCI I CODICI PROMO PER AVER UN BONUS ESCLUSIVO : ANGELONI35 (+35% sul deposito) o ANGELONI25 (-25% di sconto sulle fees) In questo video vedremo come andare a difendersi da un eventuale scenario in cui Bitcoin vada a soppiantare l’oro, e dove potrebbe arrivare effettivamente il prezzo di Bitcoin in questo caso. Al momento è davvero facilissimo difendersi da questa eventualità, ma lo vedremo tra poco.. N.B. non credo che rimarrà facile ancora per molto… Mi rendo…

XRP price still stagnant despite incoming Flare Network airdrop

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While Bitcoin (BTC) has hogged the majority of the mainstream limelight when it comes to the recent bullish action seen in the crypto market, the altcoin XRP has also surged over the past month, breaking out of a multiyear downtrend to regain some previously lost momentum. For example, in March, the price of XRP against the U.S. dollar was hovering around the $0.15 mark, only to scale up to a peak high of around $0.80 by the first week of December. However, despite all of the aforementioned positive developments, the…

Blockchain Bites: Google Goes Down, Nexus CEO and US Treasury Get Hacked

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Happy Monday. Or maybe not so happy, if you were depending on Google for your job. Here are our top stories today…. Top shelf The Amazon of DeFi?That’s what Yearn Finance is rapidly becoming as a result of acquisitions and partnerships, CoinDesk’s Brady Dale suggests in a big-picture analysis this morning. If Bezos’ behemoth has become synonymous in consumers’ minds with low prices, wide delivery and ample selection, Cronje’s creation could achieve similar status among the “degens” of decentralized finance by delivering low fees, high yields and a wide selection…

Coinstar Expands Its Coinme Bitcoin ATM Fleet to 5,000

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Supermarket kiosk company Coinstar has added Coinme bitcoin ATM functionality to 5,000 change-sorting machines across the U.S. The service is now available in nearly 25% of Coinstar’s total kiosk fleet and in 40 U.S. states, according to figures provided by Neil Bergquist, chief executive of Coinme. Coinstar change-counting machines are located in supermarkets, gas stations and convenience stores around the country. “There is a Coinstar kiosk located within five miles of 90% of the American population,” he told CoinDesk. “So the collective opportunity here is to be able to give…

Senator-elect wants to spread Bitcoin awareness in the US government

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An unprecedented year, 2020 has sent the global economy into a tailspin in an effort to compensate for COVID-19-related difficulties. If the traditional system collapses, Bitcoin will become vital, according to United States Senator-elect Cynthia Lummis.  “If we reach the point where we have overspent so much that things start crashing down, the black swan event occurs with regard to any fiat currency — whether it’s ours or yours or China’s or Japan’s — that there is a backstop available to every government in the world, and that backstop is…

Why Bitcoin Could Trade Sideways Until April 2021

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Bitcoin price action is currently confusing crypto traders and analysts and the reaction after reaching a new all-time is not what anyone expected. The leading cryptocurrency by market cap was thought to explode once a new high was made, but instead, another up to six months of sideways could bring max pain to eager investors waiting for a correction or the next leg up. Here’s why Bitcoin could leave speculators sidelined at the last minute, just before the final parabolic impulse gets going and the cryptocurrency shows the world what…

How Chainlink may recover despite LINK price ‘death cross’

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The price of LINK, the native cryptocurrency of Chainlink, has increased by 10% in the past three days with the recovery coming despite a “death cross” on the LINK/BTC chart. Josh Olszewicz, a cryptocurrency trader and technical analyst, said the LINK/BTC chart encountered its first death cross since 2018. What is the death cross and why is LINK seeing a relief rally? In technical analysis, the term death cross is a candle chart formation that occurs typically before a large selloff. It lights up when an asset’s short-term moving average…

Trader Goes “Heavily Long” on Ethereum as It Posts “Perfect” Support-Resistance Flip

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Ethereum has been flashing some signs of strength throughout the past few days, with bulls being in full control of its price action as they aim at pushing the cryptocurrency above the key $600 level. This price has long been a pivotal level for the crypto, with each break above its proving to be highly fleeting. As such, this is now the key resistance level that analysts are watching in the near-term, with a flip of this from resistance to support, potentially allowing it to see some massive gains in…

Ukraine Oligarch’s Troubled US Steel Plant Has Been Quietly Mining Bitcoin: Report

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A supposedly shuttered U.S. steel plant owned by Ukrainian billionaire Ihor Kolomoisky is said to have been mining bitcoin. Kolomoyskyy, one of the most influential people in Ukraine with net worth of $1.1 billion, is the former owner of PrivatBank, a major privately owned bank in the country. He was also governor of the Dnipropetrovsk region until 2015. His Calvert City, Kentucky-based CC Metals & Alloys steel plant has been hit by the coronavirus pandemic and corruption allegations against Kolomoisky by the U.S. Department of Justice. The facility closed and…