Bitcoin is in the red today, following yesterday eveningโs announcement of President-elect Joe Bidenโs $1.9 trillion stimulus plan. Top shelf Stakeholders stakeThe bitcoin exchange-traded product (ETP) from ETC Group (recently launched on Switzerlandโs SIX stock exchange, though it trades elsewhere) has seen volumes far above all the other 1,800 ETPs listed on Deutsche Bรถrse, the exchange said. Meanwhile, Bitwise found the number of financial advisers allocating crypto to client portfolios rose 49% year over year, according to a survey of 900 money managers. Coinbase crowdsources coinsThe popular exchange announced the…
Day: January 15, 2021
Michael Casey: Bitcoin Is a Warning for Central Banks
Another week, another lifetime lived:ย ย The U.S. President impeached, again. Worldwide COVID-19 deaths close in on 2 million. Bitcoin surges to a record high above $42,000, promptly plunges to almost below $30,000 and then begins a late-week rally above $36,000. Meanwhile, the crypto community has been grappling with some contentious regulatory proposals that would strengthen U.S. monitoring of global digital currency transactions.ย Thatโs the topic of this weekโs โMoney Reimaginedโ podcast episode. We talk to Christopher Giancarlo, the former chairman of the Commodities Futures Trading Commission, and Marvin Ammori, a…
BITCOIN & ETHEREUM FALLING OFF A CLIFF!!!?? BUY THE DIP NOW!!???
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Technical analysis, news, price predictions and more! SUBSCRIBE: โฐ Timestamps Intro: (0:00) Market review: (1:04) bitcoin Technical Analysis: (1:47) Ethereum technical analysis: (2:49) Ethereum on lower timeframes: (4:33) bitcoin on lower timeframes: (5:20) Ethereum & uniswap really expensive: (6:10) Crypto news, losing $4.6M & more : (7:36) ๐Looking to have a profitable strategy? Know roughly when to buy/sell alts/bitcoin? Make a few trades a year for maximum returns and minimum effort? Book a call with me here โ #1 Fomo Newsletter (Alts,…
British financial advisor calls on the govโt to ban crypto transactions
Neil Liversidge, a veteran financial advisor, has called on the government of the United Kingdom to ban transactions in cryptocurrencies like Bitcoin (BTC). Liversidge, the owner of the independent financial advisory firm West Riding Personal Financial Solutions, started a petition urging local financial authorities to stop crypto transactions in the U.K. The petition reads: โLegislate to prohibit the payment by or acceptance of cryptocurrencies by UK resident businesses or individuals, and require UK regulators (the FCA and PRA) to prohibit transactions by UK financial institutions in cryptocurrencies such as Bitcoin.โ…
Bitcoin Shows Resilience With Swift Recovery From 2020 Bottom
Bitcoin surged by 303% in the past year, breaking past its previous all-time high in Dec 2020. The growth was primarily spurred on by increased demand from the retail and institutional class amid mounting global inflation.ย CoinGecko Report As per the 2020 CoinGecko yearly crypto report released on January 14, BTC has been the most resilient asset in the past 12 months. The digital coin has recently soared to all-time highs above $42K despite the Black Thursday crash wiping out more than $4K from its value back in March of…
Bitcoin News Roundup for Jan. 15, 2021
With the price of BTC bouncing off $40K and the Fed in no rush to issue its own token, CoinDeskโs Marketโs Daily is back with the latest crypto news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. The U.S. dollarโs rise on the news may be playing spoilsport to the bitcoin bulls. He estimated it will take โyears rather than monthsโ before the Fed releases a CBDC. Critics of the rule said it would be technically impossible for some projects to comply…
Stacks announces major partnerships following mainnet launch
Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch โ sending a strong signal that industry players are keen to back new use cases for BTC. The Stacks 2.0 mainnet officially launched on Thursday, bringing the promise of new use cases for Bitcoin based on the Clarity smart contract language. As Cointelegraph reported, Stacks 2.0 is attempting to broaden Bitcoinโs utility beyond the digital-gold narrative to include decentralized finance and smart contracts. That includes…
Cumulative Bitcoin (BTC) Miner Revenue Crosses $20 Billion
Quick take: BTC Miners have now cumulatively earned Bitcoin worth $20 Billion Such revenue is an incentive to keep the Bitcoin network going and secure Bitcoin has just experienced a dip to the $35k level The minor corrections are necessary and healthy during a bull market Bitcoin miners have cumulatively earned BTC worth $20 Billion since the network was launched. This is according to data from the team at Glassnode that also highlighted that miner revenue has doubled in the last two years. The team at Glassnode shared this milestone…
Bitcoin slides under $35K despite Biden unveiling $1.9 trillion stimulus
Bitcoin (BTC) fell below $35,000 on Jan. 15 as renewed strength in the U.S. dollar piled pressure on the largest cryptocurrency. BTC bounced off support at $34,300 and is trading at $35,300 at the time of writing.ย BTC/USD 4-hour candle chart (Bitstamp). Source: Tradingvidw Bitcoin heads back toward $30,000 Data from Cointelegraph Markets and TradingViewย shows BTC/USD hitting its lowest in over 24 hours at publication time on Friday, with $34,000 so far acting as support. The previous day saw the pair reclaim $40,000 for a brief instant before falling back…
Filecoin listed on coinbase 1 hour ago!!! Mini run expected!
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