Bitcoin has often been described as the โdigital goldโ of the 21st century, but is the cryptocurrency truly reliable as a new safe haven against financial uncertainty and inflation? The question is a difficult one to answer, but the actions of a number of major institutions and the sentiments of some well-renowned investment managers suggest that Bitcoin (BTC) is becoming more attractive as a hedge against these fears. Business analytics firm MicroStrategy has led the institutional charge into Bitcoin over the past six months, having purchased more than $1 billion…
Day: January 30, 2021
Crypto Exchanges Fill The Gap Left Behind by Robinhood
Trading platform Robinhoodโs decision to pull several stocks from being traded temporarily, including the infamous GameStop stock (GME), has ruffled the feathers of more than just a few, and crypto exchanges are stepping up to fill up the gap.ย Leading crypto exchange Bittrex is returning access to users who felt cheated by Robinhood by offering tokenized versions of the affected assets, while FTX is slated to list a quarterly futures contract based on the WallStreetBets index, named after the legendary WallStreetBets subreddit that has taken the world by storm in…
#BITCOIN AND #ALTCOIN MARKET ANALYSIS WITH #CRYPTO LEGENDS ROUNDTABLE
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Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant โ Bitcoin News
Ukraineโs government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations. After a bidding process, Energoatom chose Kyiv Energy Construction Company to handle the nuclear plant crypto mining project. Nuclear Power Plant Operator Expects to Launch the Data Center in 2022 According to official documents, the data center will be based in the Rivne nuclear power plant, after the construction firm got 8.92 million Hryvnia ($317,620) in funding. The only competitor in the bidding was Ukrenergobudproek. However, they allegedly made an…
Cryptocurrency Market Overview (EN) | 19.01.2021 by @cryptospa
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Hello, dear YouTubers! In this video, I analyzed in detail the price chart of Ethereum (ETH/USD), by using Technical & Candlestick analysis in different time frames. In addition, I outlined some interesting candlestick formations and chart patterns. Enjoy watching the very long video and, please, comment! — *A few words about me: Just to let you know: I’ve been working professionally as a currency analyst for the last 14 years, and as a cryptocurrency analyst for the last 3 years. — **Important!…
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Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route โ Finance Bitcoin News
The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution to underwrite the settlements. Coinbase to Skip IPO Process, Shoots for a Direct Listing Just recently people familiar with the matter received a tip that the exchange giant Coinbase had plans to sell shares privately ahead of the IPO. In mid-December, Coinbase revealed the confidential filing of…