Day: January 2, 2021

Hodler’s Digest, Dec. 27–Jan. 2

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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.   Top Stories This Week Bitcoin price quickly climbs to $31,000, liquidating $100 million of shorts As 2021 began, Bitcoin was teetering on the edge of $30,000 — continually hitting new all-time highs in the process. There was drama at the start of the week after BTC crashed by…

Demystify 2021 with crypto trend predictions from the Cointelegraph crew

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Another year has come and gone. The rollercoaster that was 2020 requires little (if any) preamble. It must be said, however, that the blockchain segment experienced something of a return to form during these otherwise painful latter days. Indeed, we closed the year with prices on the up, legal ambiguities increasingly dehazed, and the adoption of distributed technology at a historic apex. With these expository factors lighting our way, let us take a moment to gaze into the future, as speculatively foreseen by the staff at Cointelegraph. We asked our…

Should you invest in Bitcoin? 🤑 Cryptocurrency Legal Status 2020 India ⚖️Bitcoins for Beginners 💲💲

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoin2020 #supremecourtbitcoin Hello Friends, Here we have explained bitcoin in Hindi in India 1. What is Bitcoin and cryptocurrency? Different types of cryptocurrency – Bitcoin (BTC), Litecoin, Ethereum, Ripple, Tether, Bitcoin Cash, Libra etc. 2. How to buy-sell bitcoin or cryptocurrency in India? Various exchange are there in india to transaction Bitcoin : Coinbase, cash app, Zebpay, Giottus, Coinswitch, Colodax, BitBNS, CoinDCX, WazirX, BuyUcoin. 3. Is transacting bitcoin legal in India? Supreme court recently allowed cryptocurrency transactions in India in December 2020.…

BTC to Gold Exchange Rate Surges to New All Time High of 17 Ounces per Bitcoin

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Bitcoin’s record-breaking rally is continuing into the new year with the bitcoin to gold exchange rate touching a new all-time high of 17.38 ounces per bitcoin. According to data from Marketwatch, the new high easily surpasses the all-time high recorded on January 01, 2021, of 10.74 ounces per coin. The new milestone comes as the digital set a new all-time of over $33k. The new record means it takes about 7 more ounces of gold or an equivalent of $13,855 for one to get a full BTC now than they…

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How massive Bitcoin buyer activity on Coinbase propelled BTC price past $32K

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Coinbase has seen a large spike in buyer activity overnight as the price of Bitcoin (BTC) surpassed $32,500 on Jan. 2. Analysts say the trend was reminiscent of MicroStrategy’s Bitcoin accumulation, possibly fueled by institutional buy orders. As a result, BTC surpassed $31,000, reaching a new all-time high. BTC/USD daily candle chart (Coinbase). Source: Tradingview Coinbase buyers were the catalyst for the Bitcoin rally In the last 48 hours, Coinbase has continuously seen a high premium compared to Binance. At one point, Bitcoin on the exchange was $100 more expensive than…

Bitcoin’s Price Increased by 168.78% in Q4 of 2020

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Quick take: Bitcoin experienced 168.78% returns in Q4 2020 Q4 of 2020 was the second most profitable quarter in Bitcoin’s history, second to Q4 of 2017 Bitcoin’s value has increased in every quarter since Q2 of last year Only Q1 of 2020 had negative returns Bitcoin has kicked off 2021 in high gear setting a new all-time high today, of $32,310 – Binance rate As the world welcomes the New Year with hope and optimism, Bitcoin closed the fourth quarter of 2020 on a very high note. According to data…

XRP Lawsuit Is NOTHING Compared to THIS Legal Monster, Might KNOCK DOWN ENTIRE ASSET CLASS

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Follow me on Twitter: @moonlamboio DISCLAIMER: I am not a financial adviser. None of what I have communicated verbally or in writing here should be considered financial advice; it is not. Do your own research before investing in any digital asset, and understand that investing in any cryptocurrency is inherently risky. If you do, you need to be prepared to lose your entire investment. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

XRP enthusiasts seek to force White House’s hand on SEC suit

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As token prices plunge and Ripple prepares for court, a band of XRP enthusiasts have rallied around a petition that may force a White House statement on the recent SEC lawsuit alleging Ripple conducted an unregistered securities offering.  A petition filed on the White House-run We the People website titled “We the People ask the federal government to deem XRP, the virtual currency, a currency,” has now crossed 10,000 signatures. Created by the Obama administration in 2011, We the People allows users to create petitions that, upon reaching 100,000 signatures…

Adrian Przelozny: More Aussies Back Bitcoin, the Underdog

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In January this year, the world watched in horror as sky-high fires tore through 44 million hectares of Australian bushland, engulfing property, wildlife and humanity. Then, just as victims were emerging from the ashes, COVID-19 arrived and the local economy went into lockdown. Gross domestic product shrank 7% in the three months through June, unemployment rose as high as 7.5% and Australia entered its first recession in 30 years.  Beyond the bleak news headlines and broader economic downturn, I have uncovered evidence to suggest that a sizable chunk of the…