▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Simple instructions on how to send BTC from Coinbase to Coinbase Pro, then to an outside wallet ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
This week various media reported that U.S. Treasury Secretary Steven Mnuchin was considering whether or not legislation governing self-custodied wallets should be implemented. This led some analysts and crypto pundits to speculate whether or not this would impact Bitcoin, and the current bullish momentum that has been driving crypto prices higher. The threat of new crypto sector-focused regulations is a credible event which has negatively impacted crypto prices in the past, but this time around there are a fewreasons why the proposed rule probably will not lead to a Bitcoin…
Chainlink has been underperforming Bitcoin and the aggregated crypto market as of late, with its price action largely mirroring that of the rest of the altcoin market. While Bitcoin captures investors’ attention with its massive uptrend, major altcoins like Ethereum and LINK have been underperforming, facing inflows of selling pressure as traders chase the BTC uptrend. During parabolic Bitcoin bull markets, it is quite common for BTC uptrends to occur primarily in isolation, with altcoins rallying once it finds some stability. This could mean that the next market-wide movement will…
The Treasury has released its long-awaited proposal to restrict money services businesses, including U.S.-registered crypto exchanges, from dealing with self-hosted wallets. In a Friday evening announcement, the Treasury’s Financial Crimes Enforcement Network, or FinCEN, announced proposed rules requiring registered crypto exchanges to verify the “identity of their customers, if a counterparty uses an unhosted or otherwise covered wallet and the transaction is greater than $3,000.” The rule is currently just a proposal. The Treasury has given stakeholders 15 days to respond with comments. Rumors of the proposed rules have been…
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American rapper and hip hop artist Megan Thee Stallion is giving away $1 million in bitcoin on Twitter to Cash App users. Thousands of people are participating and many claim to have already received some sats from the star. Megan Thee Stallion Giving Away Bitcoin for Real Megan Thee Stallion, also known as Hot Girl Meg, announced on Twitter Thursday that she is giving away $1 million in bitcoin to Cash App users. “Thee Hot Girl coach is officially on team @Cashapp,” she wrote. “To celebrate I’m giving $1 million…
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A handful of altcoins look ready to move higher as Bitcoin price enters a short consolidation phase. Christopher Wood, the global head of equity strategy at Jefferies, has dumped five percent of their physical gold position in order to buy Bitcoin (BTC). This move shows that a growing number of institutional investors consider Bitcoin to be at par or a better store of value than gold. Wood also said that if Bitcoin were to have a big correction, he would buy more. The fact that institutional investors are content purchasing…
Yearn.finance’s YFI token has seen massive gains from its multi-month lows of $7,500 set just a few weeks ago. The strength it has expressed since it drifted towards these lows has been impressive, with bulls laying a strong base of support within the lower-$20,000 region. It has yet to break below this level but is still struggling to shatter the selling pressure that sits around $30,000. Where it trends in the mid-term may depend largely, if not entirely, on its continued reaction to the selling pressure that exists here. Despite…
There is a number of benefits to work with YBS Capital beyond Ben Shimon’s expertise on the E2C approach. For a typical startup, the financial life cycle usually involves entrepreneurs starting with little to no funding, pitching ideas to investors for an initial injection of seed capital, and building from there. Assuming the company is a success with its user base, it may go through several more funding rounds. Ultimately, in a standard exit strategy, the founders will reduce or liquidate their stake for a profit by selling it to…