Day: January 14, 2021

Bitcoin Reclaims $40,000 as Powell Rubbishes Taper Tantrum Woes

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Bitcoin didnโ€™t dieโ€”all over again. The flagship cryptocurrency climbed to an intraday peak of $40,127 in the early New York session Thursday, up more than 7 percent. Its upside move followed a massive bearish reversal at the beginning of this week, wherein the price fell from near $42,000 to as low as $31,100 (data from Coinbase). Many anticipated Bitcoin to continue dipping lower on rebounding US dollar and yields sentiment. Bitcoin wobbles inside a bullish continuation structure. Source: BTCUSD on TradingView.com Bitcoin wobbles inside a bullish continuation structure. Source: BTCUSD…

Coinbase opens the door to more crypto listings with Asset Hub

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Coinbase, the San Francisco-based cryptocurrency exchange, has announced a new platform designed to help issuers list their assets more efficiently โ€” and, possibly, without having to go through the cumbersome listing process currently employed by the firm.ย  Coinbase Asset Hub is a โ€œsimple, streamlined product for issuers to list their assets and businessโ€ with the exchange, said Surojit Chatterjee, Coinbaseโ€™s CTO. โ€œThe goal is a single interface at Coinbase for digital asset issuers to manage the full lifecycle of their assets,โ€ he said. The platform, which was introduced on Thursday,…

Cardano (ADA) + Stellar (XLM) REACHING MASS ADOPTION! | Huge Crypto News!

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The Definitive Breakdown of Bitcoin FUD, With Dan Held

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From โ€œbacked by nothingโ€ to โ€œChina mining control,โ€ a complete look at the best response to every category of bitcoin FUD out there. This episode is sponsored by Nexo.io. On todayโ€™s episode of The Breakdown, NLW is joined by Dan Held, growth lead at Kraken and a serial bitcoin entrepreneur. As the market heats up, so, too, does the number of articles and tweets spreading FUD (fear, uncertainty and doubt). Some of the FUD is new, much of it is old and all of it deserves a response. Dan and…

New institutions wait for Bitcoin price rollercoaster to end

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As a result of the ongoing uptrend, many prominent institutions from the realm of traditional finance have sought to join the crypto bandwagon so as to not miss out on the ongoing action. For starters, a jump in open interest and trading volume for Bitcoin futures has been witnessed across the board over the course of the last couple of months. While that may have been expected, what may come as a surprise is that the Chicago Mercantile Exchange, a global derivatives exchange, recently became the worldโ€™s largest Bitcoin futures…

The Bitcoin Opportunity Is Right Here in America

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Independent registered investment advisor Tyrone Ross is back in his first show of 2021. In this episode he shares his thoughts and frustrations on how the explosive rally in bitcoin is being thought about and discussed in some circles, with those already in positions of wealth missing the true opportunity that open access and decentralization present. At a time when income inequality has never been greater, Tyrone illuminates what the real value of an accessible financial system is and how everyone can get involved. Original

Bitcoin Price Spike Targets the $40K Handle, Crypto Economy Recaptures $1 Trillion Market Cap

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Crypto asset markets have seen some significant gains over the last 24 hours recapturing much of the losses suffered a few days ago. The entire crypto-economy valuation is now back over the $1 trillion mark and bitcoin has jumped above the $40k handle on January 14. Bitcoin (BTC) and a number of other digital assets have experienced some nice price gains during the last day. Gains that have almost erased the losses felt on Sunday and Monday. Bitcoinโ€™s market capitalization today is around $734 billion, and the crypto asset has…

BTC Cloud Mining New Website | Earn Bitcoin Without Investment | BTC Mining Website Worldwide

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If Bitcoin doesn’t break record highs right away, it wouldn’t be the worst thing, trader posits

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After its rise past $40,000, andย a correction back to nearly $30,000, Bitcoin (BTC) has rebounded once again. Stalling before jumping back up past highs near $42,000 could be good for the asset, however, according to Brian Krogsgard, a trader and podcaster going by the name LedgerStatus on Twitter.ย  โ€œBitcoin’s correction was healthy in a strong bullish environment, mean reverting back to the 20 day moving average,โ€ Krogsgard told Cointelegraph on Thursday. โ€œWith a strong bounce now, it is time to see if it will immediately continue upward, or spend longer…

Blockchain Bites: OCC’s Head Stepping Down, Anchorage to Become First National ‘Digital Asset Bank’

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Bitcoin is booming again as crypto-bull Brian Brooks pushes through his โ€œopen accessโ€ banking rules before stepping down as the top U.S.ย  banking regulator. Top shelf Going public?The Winklevoss twins are considering taking Gemini Trust, the cryptocurrency exchange and custodian founded in 2014, public, according to a Bloomberg interview. โ€œWe are definitely considering it and making sure that we have that option. We are watching the market and we are also having internal discussions on whether it makes sense,โ€ Cameron Winklevoss said. The firm released the Gemini Credit Card offering…