Day: February 8, 2021

Cardano Price Prediction!!!!! – ADA – Cardano Price News – Cardano Technical Analysis – Crypto 2021

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this Cardano price prediction 2021 video, we will be looking at the ADA Cardano coin and do a price prediction on multiple timeframes. The Cardano news today is that we are seeing a nice recovery for ADA. I hope that this Cardano technical analysis and technical analysis for 2021 will provide some value to you guys! 📈 The charting software I use for everything is TradingView 📈 It’s free to sign up, and if you use the link to purchase a…

Apple Should Launch Own Crypto Exchange, RBC Analyst Says

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Apple, the maker of hot-selling items from iPhones to tablets, is the world’s largest publicly traded company, with a market capitalization of $2.3 trillion.  A new report from the brokerage firm RBC Capital Markets posits that Apple, which already provides payments wallets for millions of consumers in an economy that’s gone increasingly cashless since the coronavirus pandemic hit in early 2020, might be able to easily generate more than $40 billion from the cryptocurrency business. The company’s move could also help to make the U.S. a technological leader in cryptocurrencies…

Next-Gen Blockchain: BTCU Ultimatum Goes Live

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After the success of the Testnet and the positive feedback from the community, BTCU Ultimatum launches the BTCU Mainnet, an operational and running next-gen blockchain that aims to make the technology an integral part of our lives. More than one year in the making, an integral team of experts in crypto has made possible the launch of the true next-gen blockchain. The BTCU Mainnet is designed to be scalable and used in a wide range of applications: from Asset Tokenization to Rights Management, Supply chain and document flow to Cross-border…

China releases final anti-monopoly rules targeting major tech and payments firms

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China has finalized new guidelines to aid in antitrust battle against tech giants.  On Feb. 7, the State Administration for Market Regulation released finalized rules for its anti-monopoly push against e-commerce and payments giants like Alibaba, Ant Group and Tencent. The guidance specifically addresses “operators that provide business premises, transaction matching, information exchange and other Internet platform services.” It builds on a host of recent efforts by both the SAMR and the People’s Bank of China to rein in the broader tech industry, specifically targeting payments platforms as the country continues…

Blockchain Bites: Tesla Drives $1.5B Into Bitcoin, Brian Brooks Comments on Monetary Debasement

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Three stories 1. Tesla invested $1.5 billion of its cash reserves in bitcoin, according to a U.S. Securities and Exchange Commission annual report. The popular auto manufacturer said bitcoin offers “more flexibility to further diversify and maximize returns on our cash.” The company had more than $19 billion in cash and cash equivalents at the end of 2020. Both Tesla’s stock and bitcoin’s price jumped on the news. Bitcoin moved up approximately 11% to more than $43,000 (approximately the price of a Tesla Model 3), setting a new record high.…

Bitcoin Elliott Wave Technical Analysis 18 Jan TradingLounge

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Bitcoin BTC Technical Analysis Elliott Wave Trading – tradinglounge.com Overview: Once 40k is the tested support then the market will move higher towards 50k Bitcoin Elliott Wave :Wave Triangle Pattern. Trading Levels: Medium Level ML4|40,000 required as support for a move to 50K Bitcoin Trading Strategy: Long, or wait for 40K to become the tested support Looking to Refine Your Trading and Technical Analysis Skills? SPECIAL DEAL 3 Months for the Price of 1 Month #crypto#bitcoin#btc ========================= Connect with Tradinglounge: Visit…

Bitcoin Price Surpasses $44k Handle, ETH Futures Launch, Tesla’s Balance Sheet BTC Praised – Market Updates Bitcoin News

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The price of bitcoin touched a new all-time high on Monday after the community discovered that Elon Musk’s firm Tesla added $1.5 billion worth of bitcoin to the company’s balance sheet. At press time, bitcoin is meandering over the $43k handle and has an overall market capitalization of around $814 billion today. Crypto Markets Rise in Value Bitcoin (BTC) shot up by thousands of dollars on Monday after the news about Tesla’s bitcoin made headlines and went viral on social media. The price per BTC hit a whopping $44,899 per…

Elon Musk Buys Bitcoin: Everything You Need to Know

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The implications of Elon Musk’s purchase on bitcoin’s climate narrative, other Fortune 500 treasury management strategies and more. This episode is sponsored by Nexo.io. Elon Musk’s Tesla (TSLA) has purchased $1.5 billion in bitcoin as a treasury reserve asset. Additionally, the company will soon be allowing people to pay for Teslas with bitcoin. In this episode, NLW breaks down: How Elon got to this moment, including his exchanges with MicroStrategy’s (MSTR) Michael Saylor What critics of the Tesla community and the bitcoin community are likely to say How this de-risks…

Chinese GPU miners reportedly bulk buying Nvidia laptops to mine Ether

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Chinese cryptocurrency miners are reportedly buying Nvidia’s new laptops to mine Ether (ETH) amid the altcoin hitting new all-time highs. Nvidia’s latest GeForce RTX 30 laptops have become increasingly popular in China as a tool for mining cryptocurrency, according to several sources. On Feb. 6, a Weibo user known as BTCer posted a bunch of images showing off GeForce RTX 30 series gaming laptops making up a solid crypto mining farm. “A laptop mine is up​,” BTCer noted in the post depicting dozens of laptops stacked up on shelves. Source: Weibo…

Gauging the impact of ETH shortages on exchanges

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Many researchers and influencers have pointed this out as a bullish sign that illustrates increasing demand for the native token that powers many popular DeFi apps. Others look at this as more of a critical flaw that could make the asset harder to acquire and trade as it becomes progressively more embedded in locked smart contracts and applications. Last spring, the percent of Ether (ETH) supply on exchanges peaked at around 26%, but since then, there has been a steady decline that puts the same statistic closer to 20.5%, according…