Day: February 4, 2021

Different kind of gas fees — Electrocoin enables crypto petrol payments in Croatia

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Crypto-payment processing firm Electrocoin is partnering with a local oil and gas company in Croatia to allow drivers to pay for a full tank using crypto. According to Croatian news outlet Poslovni dnevnik, people needing to gas up their vehicles at any of the 46 Tifon stations in the country can now pay using Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP, and EOS. Tifon will integrate PayCek, a crypto payments platform from Electrocoin, into its existing payment systems to make this possible. Tifon CFO Ana Lokas said the company expected…

New Dash Investment Could Revolutionize the Whole Cryptocurrency Ecosystem

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Dash Investment Foundation just made an investment in retail savings app CrayPay. This is different from what Litecoin or Tron have done in that the Dash network itself actually owns this property, a revolutionary first in the cryptocurrency and blockchain world. Additionally, this may emulate what “Bitcoin Jesus” Roger Ver was able to achieve in Bitcoin’s early days, except give that equity to a network itself and not to an individual or company. Thank you so much for watching! Tips are…

DeFi boom pushes Universal Market Access (UMA), SwissBorg and Siacoin (SC) higher

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The total market capitalization of cryptocurrencies surged to $1.139 trillion on Feb. 4, just short of silver’s total market cap at $1.5 trillion. While the crypto market cap is still way below that of gold, Bloomberg senior commodity strategist Mike McGlone said in a report that Bitcoin (BTC) has found strong support at $30,000 and it may now rally to $50,000 and higher. Crypto market data daily view. Source: Coin360 However, some institutional investors who had invested at lower levels and are sitting on huge profits are taking some money…

Here’s How High Bitcoin Could Go If 2017 Repeats

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Bitcoin is in a bull market and anyone who understands the cryptocurrency’s potential knows that much higher prices are ahead in the short- and long-term. But how high would prices actually reach if the cryptocurrency’s price action mimicked the epic 2017 rally, tick for tick? An analyst at Ark Invest has come up with a hypothetical chart that demonstrates what could come if a similar trajectory is followed. And according to the chart, the Bitcoin price would top out at roughly $390,000 at the height of the current cycle. Bull…

Is Ethereum Mining Still Profitable 2021?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum Is Transitioning To POS Is ETH Mining Still Worth It?***** 15 EXPERT Tips For Cryptocurrency Traders👉 Fundamental Secrets: Parabolic Trades (Signals): 📸 Join me on Instagram for daily tips and my daily behind-the-scenes vlog on my Instagram Stories Top Secret Private Group 🤐 📒 Show Notes and Resources 📒 1. 💰 The Strategies I Used To Turn $5k Into $100k ➡️ 2. (Free Webclass) 🎯 Watch Me Make $330 In 30 Minutes – Coinbase Earn: 3. Watch Me Make $450 In…

ETH price surge could cause ‘gamma squeeze’ as bull market heats up: Delta Exchange exec

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A growing number of options traders are sitting on large unrealized losses following Ethereum’s (ETH) latest price surge, highlighting once again the volatile and unpredictable nature of the cryptocurrency market.  Pankaj Balani, the CEO of Delta Exchange, a St. Vincent-based cryptocurrency derivatives platform, tells Cointelegraph that he has observed “a lot of naked call writing activity in ETH for deep out of the money call options all the way up to $2,000 and $3,000 strikes.” A call option becomes deep out of the money if its strike price is significantly…

DeFi giant Aave hits a new high at $520, TVL rises to $4.96 billion

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Aave (AAVE) price has increased by 76% since the beginning of February and today the DeFi-token hit a new all-time high of $520. Currently Aave is the second-ranked DeFi platform by total value locked (TVL) and the protocol continues to gain users and outperform its competitors.  Data from Cryptox Markets and TradingView shows that AAVE rose from $284 on Feb. 1 to its current value of $510 as it’s 24-hour trading volume reached $2.4 billion. AAVE/USDT 4-hour chart. Source: TradingView The latest rally kicked off on Jan. 28 when the…

Argo Blockchain Buys 172.5 Bitcoins as Reserve Asset, Monthly Revenue Soars 52% – Mining Bitcoin News

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Argo Blockchain said Wednesday that it bought 172.5 bitcoins in the second half of January as part of its asset management strategy. ● In a trading update, the London Stock Exchange-listed bitcoin miner also reported strong revenue growth during the review month, climbing 52% to £2.48 million ($3.37 million) from £1.63 million ($2.21 million) in December. ● Argo did not reveal how much it spent buying the reserve BTC, but bitcoin prices during the last half of January oscillated between $30,000 and $38,500. The company said it now holds the…

Deep Dive into Polkadot’s Prime DeFi Insurer

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In Q2 2021, PolkaInsure’s mainnet will be launched and the PIS token will migrate from Ethereum to the Polkadot ecosystem. By now, nearly everyone has heard of decentralized finance. The growth of this exciting blockchain sector has gone parabolic since mid-2020, when the total value locked in DeFi products rose from under $1 billion to over $27 billion, today — and for good reason. The blockchain and cryptocurrency industry is finally realizing some of the promises made in the Initial Coin Offering boom of 2017 and 2018 — namely, providing…

Cryptocurrency Market Overview (EN) | 31.12.2020 by @cryptospa

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello, dear YouTubers! Today I commented on the price dynamics of the Top-10 cryptocurrencies for 2020. 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! Keep in mind, that the thoughts expressed here are my own, and they should not be regarded as recommendations for any…