Day: January 29, 2021

UK Luxury Apartment Selling for Bitcoin (BTC) and Ether (ETH)

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Brand Vaughan has listed a luxury apartment situated in Brighton, East Sussex for sale in bitcoin (BTC) or ether (ETH). If all goes as planned, the transaction could give further credence to digital currencies as a viable medium of exchange, according to a press release on January 28, 2021. Apartment for Bitcoin  Indeed, 2020 was a hugely successful year for bitcoin (BTC) and other digital currencies in terms of price movement and that momentum has continued this year, as more and more institutional heavyweights, as well as average Joes, are…

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Real-Time Blockchain-to-Everything Platform PARSIQ (PRQ) Now Listed on OKEx – Press release Bitcoin News

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PRESS RELEASE. PARSIQ, a blockchain monitoring and workflow automation platform connecting on-chain and off-chain applications in real-time, announced that its PRQ token is now listed on OKEx with USDT base pair. Please take note of the following go-live schedule: PRQ Deposit : 07:00am January 28, 2021 (UTC) PRQ Spot Trading : PRQ /USDT: 10:00am January 28, 2021 (UTC) PRQ Withdrawal : 10:00 January 29, 2021 (UTC) PARSIQ is a blockchain monitoring and workflow automation platform that serves as a multi-level bridge between blockchains and off-chain applications. PARSIQ’s features automate the…

Second layers will save the day in 2021, bolstering Ethereum and DeFi

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When the decentralized finance sector exploded in summer 2020, it was an eye-opening moment that showed crypto’s actual capabilities to revolutionize finance. However, the boom also exposed a lot of vulnerabilities of the Ethereum network, which most DeFi projects are built upon. The most serious ones included high gas costs and low scalability. A bull cycle has kicked in since then, lifting Ether’s (ETH) value to a new all-time high — and now the above-mentioned problems are even more persistent. People are forced to pay as much as $60 to…

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FTX created a Wall Street Bets index including GME, DOGE and others

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Following numerous headlines about the meteoric price rise of several assets, including GameStop (GME), AMC Entertainment (AMC) stocks, and Dogecoin (DOGE), crypto exchange FTX has listed an index following the assets. FTX named the index after Wall Street Bets — the Reddit group thought to be associated with pumping the prices of those assets.  “We’re happy to announce that we have launched trading for a basket of Wall Street Bets markets,” FTX said in a public statement on Thursday. The index trades as a futures contract with expiration on March…

Ripple and CEO Brad Garlinghouse Face Another Lawsuit Over XRP Crypto Being a Security – Regulation Bitcoin News

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Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit, filed Monday in a Florida district court alleges that the “sale of XRP cryptocurrency tokens to Florida residents” violates Florida securities laws. The suit names Ripple Lab Inc., XRP II LLC, and Garlinghouse as the defendants. They have allegedly sold “millions of dollars (or more)” in…

Institutional frenzy continues as CME Bitcoin trades at over 1% premium

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After a surprise rally fueled by an update to Elon Musk’s Twitter biography, demand for Bitcoin (BTC) appears to be particularly strong in professional trading circles. According to TradingView data, the ticker BTC1!, which represents CME’s Bitcoin futures contracts with the closest expiry — currently for February — is trading at over a 1% premium over spot BTC markets. This positive deviation in prices between a future and the underlying — which traders call “contango” — indicates that few institutions are willing to be short on the asset. Since this…

Bitcoin News Roundup for Jan. 29, 2021

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With BTC shooting back up above $37K and a look into the aftermath of the GameStop moment, CoinDesk’s Market Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. Today’s stories: First Mover: Elon Musk #Bitcoin Moment Adds to Dogecoin, GameStop Wackiness The GameStop-galvanized “bear raid” by retail stock traders appears to have terrified Wall Street but crypto industry marketeers are salivating over the prospect of new customer leads and more demand. Coinbase says in Web post…

If History Rhymes, Ethereum Could Be on the Brink of Rallying to $3,000

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Ethereum saw a massive breakout rally today that came about alongside Bitcoin BTC’s surge from $32,000 to highs of $38,500 came about as the result of Elon Musk changing his Twitter bio to “#Bitcoin” and calling the change “inevitable” in hindsight This dragged all the major altcoins higher, but the focus remains on Bitcoin for the time being This has caused ETH to see some slight underperformance and may result in the altcoins market stagnating while Bitcoin rallies One analyst is now looking towards potentially imminent price discovery for Ethereum…