Day: December 29, 2020

Augmented Reality Firm Nextech AR Joins the Bitcoin Treasuries Bandwagon, Buys $2 Million BTC

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On the heels of the Canadian company Mogo purchasing bitcoin for treasury reserves, the British Columbia-based augmented reality firm Nextech AR Solutions has announced the purchase of $2 million in bitcoin. Nextech’s chief executive officer Evan Gappelberg says the firm may add more in 2021. Bitcoin (BTC) is becoming a treasury reserve mainstay for a number of well known companies, as a great number of businesses have joined the trending bitcoin treasuries bandwagon. On Tuesday, the Vancouver, British Columbia company Nextech AR Solutions (OTCQB: NEXCF) announced the initial purchase of…

Grayscale’s AUM Hits $19B, Up from $16.4B Announced Week Ago

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While it may be too early to project the possible performance of Grayscale in 2021, the spate of patronage the company recorded in the last two quarters of 2020 looks quite inspiring. In what confirms the continued embrace of Bitcoin (BTC) and altcoins by institutional investors and the big-money clients, Grayscale’s total Assets Under Management (AUM) has been reported to top $19 billion, a significant uplift from the $16.4 billion reported a week ago. According to a report by CoinDesk, Grayscale hit this AUM milestone on December 28, and Grayscale’s…

Breaking Crypto News: We're Poised For The Final Move To BREAK EVERYTHING!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io My code on Bitrue: ZLQZAA Link: NEW IG YT: Let’s hit 500 likes within 24 hours! Twitter: Discord: Finance Channel: 5 Minute Crypto: The Hardware Wallet I use: Earn interest on your XRP & other crypto: New Facebook group: GO CHECK THIS FOR THE LATEST NEWS: Buy crypto here: This is not financial advice! #XRP #Ripple #Crypto ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Crypto-friendly trading firm eToro rumored to be prepping for 2021 IPO

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Trading platform eToro reportedly could go public in 2021. Sources told Cointelegraph that eToro has been working with the London Stock Exchange’s “Elite” program to prepare for an initial public offering. “EToro does not comment on market rumours,” an eToro representative told Cointelegraph. However, employees at eToro have shared an article from Israel-based media outlet Calcalist announcing the IPO on LinkedIn, apparently with the blessing of CEO Yoni Assia. EToro “is targeting an IPO in the second quarter of 2021 after doubling its revenue to $500 million and gaining five million…

‘Bullish year ahead’ — Bitcoin primed for Q1 2021 gains, strength index suggests

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The monthly relative strength index (RSI) of Bitcoin (BTC) shows the dominant cryptocurrency is primed for another rally. Is 2021 an ideal time for a Bitcoin rally? The RSI is a momentum indicator that measures whether an asset is overbought or oversold. When the RSI surpasses 75, it signals the asset is overbought, and when it drops below 30, it means the asset is oversold. A pseudonymous trader known as “Crypto Capo” noted that the monthly RSI of Bitcoin is set to close above 80. Historically, when this has happened,…

NFL Star Russell Okung to Get Half of Salary Paid In Bitcoin

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NFL star Russell Okung will get half of his $13 million contract paid in Bitcoin. With this development, Okung becomes the first NFL star to receive salary payments in Bitcoin. Payment Facilitated By Blockchain Startup Zap Okung will be paid by the National Football League in the form of an arrangement with crypto startup Zap. Zap product Strike enables traditional paychecks to be converted into BTC. Coindesk states that the founder of Zap, Jack Mallers revealed that the NFL star had split his salary 50:50 between Bitcoin and fiat. He…

Cryptocurrency Mining on a Jackery Explorer 240 Power Station

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io With the upcoming camping trip to the local Microcenter, up to (3+) Days from the launch day, I will need off grid power power for days. This prompted me to pickup the latest gear from Jackery, a US Based company since 2012 focusing on Mobile Solar and Battery pack power. I purchased both the SolarSaga 60 and Explorer 240 for this adventure in hopes it will hold up my laptop and phone for the duration, charging the battery over the day. This…

Redditor memes his way to $25K in Bitcoin profits

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A Reddit user by the name of Cryptorich13 has capitalized on the social media platform’s crypto reward system by converting his stash of free coins into Bitcoin (BTC).  In a Sunday post, Cryptorich13 explained how he converted his 80,000 MOON reward for Bitcoin earlier this year. The value of his holdings has ballooned following the latest Bitcoin price pump. He said: “I shitposted a lot in 2017. I was awarded 80k reddit moons earlier this year which I sold on the rinkeby testnet using XDai and honeyswap and immediately bought BTC…

Dormant Bitcoin on the move as price volatility rises

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In a period filled with holidays, the cryptocurrency industry refused to take a day off. Strong market performances from Bitcoin (BTC) and some other high profile alt-coins like Ether (ETH,) was offset by the legal action against Ripple by the United States Securities and Exchange Commission. In response, a number of prominent trading platforms, including Coinbase, Crypto.com, and FalconX responded by halting trading or deposits of the XRP token. The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicate that the balance of wallets holding dormant BTC over a 365-day…