Day: January 13, 2021

BITCOIN OVER $20,000!!!! BTC TO $30,000 BY JANUARY?!!!!!!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Get $680 Bonus On Phemex With This Link: 👉 👈 BITCOIN TODAY: In this video, I’ll go through the Bitcoin news today & I’ll make a Bitcoin price analysis. The BTC news & analysis can be inspiration for your own Bitcoin trading or investing, but is NOT financial advice. On this channel, The Moon, I make 1 video every single day about crypto news & Bitcoin. I’ll always include professional Bitcoin technical analysis, to make a Bitcoin price prediction, and I’ll also…

Bitcoin Miners, Devs Narrow Down How Taproot Will Activate

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Bitcoin miners representing roughly 91% of the network’s hashpower have demonstrated support for Bitcoin’s biggest upgrade in years, Taproot. These activation methods vary the length of time required and whether or not to include a measure that would force the upgrade through full nodes with a “user activated soft fork.” Given miner support, Bitcoin developers believe the upgrade should activate without issue, regardless of the specific proposal chosen. Now that most all major mining pools have pledged support for Bitcoin’s Taproot upgrade, all that’s left is the actual activation –…

Market Wrap: Bitcoin Claws Back to $36.4K While 25% of Ether Options Will Expire in March

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Bitcoin is making gains, though much of the day saw the cryptocurrency in a holding pattern. Meanwhile, a quarter of ether options are expiring in March, meaning traders are making some bets on the first fiscal quarter of 2021. Bitcoin (BTC) trading around $36,286 as of 21:00 UTC (4 p.m. ET). Gaining 5.5% over the previous 24 hours. Bitcoin’s 24-hour range: $32,463-$36,552 (CoinDesk 20) BTC above the 10-hour and 50-hour moving averages on the hourly chart, a bullish signal for market technicians. Bitcoin trading on Bitstamp since Jan. 10. Source:…

ECB President Calls for Unified Global Regulation of Bitcoin

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Christine Lagarde, the President of the European Central Bank (ECB), has said that there was a need for global regulation of bitcoin, as a unified cryptocurrency regulation would serve as a better alternative to cover any loopholes. Global-Regulation Necessary for Bitcoin Speaking in an interview at the Reuters Next conference on Wednesday (Jan.13, 2021), the ECB president noted that bitcoin has been used for illegal activities such as money laundering. Lagarde also made a comment on bitcoin’s price volatility, calling the number one cryptocurrency a speculative asset. In terms of…

Chainlink Posts Strong Rebound; Why It Could Soon See a Bullish Trend Shift

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Chainlink has been severely underperforming Bitcoin throughout the past few weeks, with the crypto remaining well below its 2020 highs despite Bitcoin’s strength Many altcoins have seen similar performance, as the proverbial ‘altseason’ that investors are watching for remains elusive The crypto has seen a notable rebound throughout the past few days, with its price forming what appears to be a local low around $13.00 This region has long held as support, and a continued defense of it could allow for significantly further upside One analyst is noting that the…

BITCOIN PRICE FALLS! AND I'VE NEVER BEEN MORE BULLISH!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Intro 00:00 Zoomed in chart! 00:20 Why is this happening? Macro! 00:40 Important message if you are new to crypto 2:15 Altcoins 2:45 BTC symmetrical triangle 4:00 $16,000? 6:20 $13,000’s 6:30 This is bullish 8:30 Bitcoin has dipped as anticipated. Will it continue? What areas are there for btc support? Can bitcoin bounce here and continue to the upside? ⮕₿ CRYPTO.COM – Use my referral code: CryptoCapitalVenture to sign up for Crypto.com and we both get $25 USD 🙂 🔒 (NANO LEDGER)…

Arca secures $10M in Series A funding as traditional financiers back crypto

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Arca, an emerging digital-asset manager, has secured $10 million in Series A funding to bootstrap the next phase of its business strategy — one that could bridge the gap between traditional finance and cryptocurrencies.  In a Wednesday press release, Arca said the funding round was led by venture capital firm RRE Ventures, with key contributions from Alex Tisch, president of Loews Hotels & Co, and a “coalition of financiers led by Littlebanc Advisors.” Arca sai it will use the funding to enhance its infrastructure and digital service offerings, as well…

CME’s Bitcoin futures facilitated over 11 million BTC in volume last year

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The Chicago Mercantile Exchange, or CME, has recorded significant volume for its Bitcoin (BTC) futures trading product over the course of the last 12 months. “More than 2.2+ million contracts were traded in 2020,” a CME representative told Cointelegraph. Each cash-settled Bitcoin futures contract at the CME is worth the dollar value of 5 Bitcoin. The trading hub recorded higher than normal numbers as Bitcoin’s price heated up in December 2020 following a break of its 2017 all-time price high of $19,892 on Dec. 1. “BTC average daily volume (ADV) reached…

A New SEC Chair Who Actually Understands Bitcoin and Crypto?

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After his most recent stint teaching about blockchain at MIT, former CFTC head Gary Gensler is reportedly the next SEC Chair. This episode is sponsored by Nexo.io. Today on the Brief: Visa drops $5.3B Plaid acquisition after DOJ antitrust suit ECB President Christine Lagarde discusses bitcoin and digital euro Acting OCC chief Brian Brooks to step down this week Our main discussion: Gary Gensler rumored to be the new SEC Chair. In this episode, NLW discusses: Gensler’s background at Goldman, CFTC and MIT Gensler’s MIT course Previous statements on Bitcoin,…

The Striking Similarities Between The 2017 Bitcoin Peak And Now

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Bitcoin is now trading over $7,000 below its peak reached to start the year – a peak that is more than double its previous all-time high. And while believers in the cryptocurrency are certain this is just another pullback before more price discovery, the similarities between the 2017 top and now are undeniably striking. Here’s how the two potential tops compare, but why this time still could be very different from the last. Bitcoin Bubble Returns, But Is It Already Ready To Pop? Outside of the crypto Twitter echo chamber,…