Day: December 26, 2020

IOTA founder David Sønstebø buries hatchets, plots future in puzzling blog

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In a verbose and, at times, vituperative blog post published today, IOTA founder David Sønstebø seeks to “quench all concern” about his state of mind, assure the community that the “IF [IOTA Foundation] is not broke,” and hint at future plans for the ecosystem being hatched in collaboration with “investors, separate DLT-project leaders, community devs and others.”  As Cointelegraph previously reported, in a December 11th announcement, the IOTA Foundation’s board revealed that Sønstebø had been removed from the organization after a “unanimous” board vote. Sønstebø had served as co-chair of…

Richard Heart on Bitcoin, Ethereum and tribalism w/ NrdGrl007

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Go to now. Seriously, it could change your life! Click the link! Richard Heart on Bitcoin, Ethereum and tribalism w/ NrdGrl007 Timestamps: 00:01:30 Brand Names 00:04:43 Trouble Shooting 00:06:05 Brand 00:06:43 Richard Is The Opposite of a Scammer / Free Everything 00:08:59 The Greater You Are, The More Hate You Get 00:11:06 Scams VS Marketing For Good Ends 00:12:59 Bitcoin Lies 00:16:41 Bitcoin Narrative Changes 00:18:45 Richard Popularizes Crypto Ideas 00:19:39 Bitcoin Lies ( New User / Inflation Ratio, Sending 1 Billion…

Bitcoin’s Next Impulse Move Could Send It Rocketing to $40,000: Analyst

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It has been on a wild ride the past few weeks, with buyers being in full control of its price action as it continues rising on a nearly daily basis Where it trends in the mid-term will undoubtedly depend on whether or not it can continue printing higher lows each week Some analysts do believe that a correction is imminent, although it remains unclear as to whether or not this will be enough to invalidate its uptrend One trader explained that the next bullish impulse higher could lead to a…

As Bitcoin nears $26K, BTC may break $40K in the next impulse wave, says trader

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The price of Bitcoin (BTC) has reached a new all-time high of $25,945 on Binance on Dec. 26 just a day after it achieved its previous record high on Christmas day. BTC/USDT hourly candle chart (Binance). Source: TradingView.com There are many broad reasons behind Bitcoin’s rally, such as the high institutional demand for BTC. But for the current intraday rally, excessive shorting on Binance Futures was likely the primary catalyst. $25,000 BTC now above stock-to-flow model price Before the upsurge, many traders were shorting Bitcoin across most major futures exchanges.…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io যেকোনো ডলার বেচা কেনা করুন | Dollar Buy Sell Bangladesh | Coinbase Dollar Buy Sell | Payeer Dollar site Link : যোগাযোগ যদি আপনাদের কোন … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

‘Unprecedented’ Institutional Demand for Bitcoin: Bitgo’s Custodied Assets Top $16 Billion, No Paypal Deal

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Bitgo’s assets under custody have surpassed $16 billion. The company says it is seeing “unprecedented interest from institutional investors,” resulting from the economic impact of the coronavirus pandemic and the recent bitcoin bull run. Paypal was also rumored to be in acquisition talks with the company. $16 Billion in Cryptocurrencies Under Custody Bitgo announced Wednesday that it has hit a new milestone of more than $16 billion in digital assets under custody. The company noted that the achievement further validates institutional investor interest in cryptocurrency, elaborating: As institutional interest in…

Mance Harmon: Three Market Trends Fueled Enterprise DLT Adoption in 2020

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After many years of investment, experimentation and infrastructure improvements, the intersection of three market trends are paving the way for enterprise adoption of public distributed networks: tokenization, decentralized finance (DeFi) and business logic moving to layer 2.  In 2020, it became ever more apparent that these trends, in addition to hard lessons learned from attempted deployments of private networks, have caused enterprises to be open to the use of distributed ledger technology (DLT) in ways they simply were not in 2017. This post is part of CryptoX’s 2020 Year in Review –…

Mexico’s second richest man says Bitcoin is his “best investment ever”

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Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s second richest man, has revealed to Cointelegraph in an interview that he bought his first Bitcoin in 2013, when it was worth around $200. That, according to the billionaire, was his “best investment ever”.  After holding it all the way until its 2017 highs, he sold all his positions at $17,000 and bought it again later at a cheaper price. “We always return to the scene of the crime”, he joked. Now Salinas holds around 10% of his liquid portfolio…

Cryptocurrency Trading Tactics You Don't Know About | How Small Cap Coins Trade Against You

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Bitcoin Hits $25,890, Peter Schiff Thinks BTC Price Rise Will Attract Regulators

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The price of bitcoin jumped well over the $25k handle touching a high of $25,890 on Saturday morning (EST). The crypto asset has an overall market valuation of $476 billion this weekend gaining over 6.8% during the last 24 hours. The overall cryptocurrency market capitalization of all the crypto assets in existence today is roughly $665 billion and up over 3.8% over the course of the day. Bitcoin (BTC) has surpassed the $25k mark and is currently trading for $25,700 per unit. At the time of publication, there is $11.6…