Day: February 11, 2021

Analysts Forecast BTC Values Will Range Between Zero to $600K – Bitcoin News

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As bitcoin has touched new price highs on Thursday nearing the $50k handle, people have been curious as to where the price will go in the future. Meanwhile, despite the gains so far, a number of luminaries, analysts, executives, and proponents from the crypto space believe the leading crypto asset will reach between $60k to six-digits this year. Mike Novogratz Predicts $100K Bitcoin: ‘Other CFOs and CEOs Are Saying, What Should We Be Doing?’ Satoshi Nakamoto’s invention has gained mass appeal in recent times as the leading digital asset bitcoin…

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DeFi growth and potential Grayscale YFI security push Yearn.finance to $45.9K

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In the early hours of Feb. 11 Yearn.finance (YFI) experienced a high volume spike which pushed the price to a new all-time high at $45,900.  Data from Cointelegraph Markets and TradingView shows that YFI hit a swing low at $33,638 on Feb.10 before experiencing a 26% breakout of 26%. The move appeared to be motivated by a corporate registration filing with the State of Delaware which showed Grayscale Investments registering the LLC for a Yearn finance trust similar to its Bitcoin and Ethereum products. A range of new partnership announcements…

After cryptocurrency market value 10

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 2021/1/12币圈大事件 2021/1/12 Coin Circle Events 1:灰度恢复除ETH和XRP外的加密信托基金申购 1: Grayscale restores the purchase of encrypted trust funds except ETH and XRP 2:深交所与6家股交中心深化区块链合作 2: Shenzhen Stock Exchange and 6 stock exchange centers deepen blockchain cooperation 3:美国务院官网修改特朗普任期结束时间 3: The official website of the U.S. State Department revises the end of Trump’s term 4:跨链项目Cosmos计划于1月28日进行主网升级 4: The cross-chain project Cosmos plans to upgrade the mainnet on January 28 5:数据：Uniswap、Sushiwap和1inch等交易量均创下历史新高 5: Data: Uniswap, Sushiwap and 1inch have all set record highs 6:ConsenSys开发人员：将于2021年前几周细化ETH 2.0三重路线图交付计划 6: ConsenSys developers: The ETH 2.0…

4 top universities submit CBDC designs to the Bank of Canada

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Major Canadian universities have submitted new research to the Bank of Canada centered around the development of a central bank digital currency, or CBDC, underscoring the innovation underway in this space. The research began last year after the BoC engaged four institutions around potential designs for a national cryptocurrency. A total of three proposals were published simultaneously on Thursday. Notably, each proposal was based on the application of blockchain technology. The submission from the University of Calgary leverages “a mix of distributed ledger technologies (DLTs) and electronic cash (“e-cash”) schemes with…

Reddit Post Reporting Tesla’s Bitcoin Purchase From a Month Ago Was a Hoax – Bitcoin News

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A Reddit post that predicted Tesla’s $1.5 billion purchase of bitcoin on Monday has been revealed as a hoax, after the New York Post tracked down the user. Reddit User Says He Was High on Acid When Writing It Tesla’s record-breaking bitcoin purchase stunned the markets earlier this week, causing the price of bitcoin to spike to a new high of over $48,000 per coin. Predicting a purchase of this size would require amazing foresight or insider knowledge, something which Reddit users were keen to figure out following a now-removed…

Market Wrap: Bitcoin Near $48K While Ether Transaction Fees Surge Again

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Bitcoin was trading between $47,000 and $48,000 for much of Thursday, breaking the $48,000 level multiple times throughout Thursday. Traders and analysts told CoinDesk they remain bullish on the overall market, as institutional investors’ interest in bitcoin is growing “at a staggering pace.” Bitcoin (BTC) trading around $47,174.04 as of 21:00 UTC (4 p.m. ET). Gaining 5.48% over the previous 24 hours. Bitcoin’s 24-hour range: $44,057.64-$48,635.84 (CoinDesk 20) BTC above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians. Bitcoin trading on Coinbase since…

Qtum, Status (SNT) and Iota (MIOTA) rally after breaking multi-year downtrend

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Shortly after Tesla announced that it will allow customers to buy products with Bitcoin (BTC), a curious job posting from Amazon suggests that the company could also be working on a platform that will allow customers in Mexico to use digital currencies for making payments. If Amazon jumps on the crypto bandwagon, it will immensely strengthen the possibility of cryptocurrencies going mainstream across the world. Crypto market data daily view. Source: Coin360 Today Bitcoin price is showing a new spark of optimism after the Bank of New York Mellon announced…

Bitcoin Just Set a New All-Time High—Here Are What Analysts Are Saying

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Bitcoin just set a new all-time high at $48,600 on top exchanges just days after setting its previous high of $48,300 on Coinbase. The cryptocurrency is up 8% in the past 24 hours, outperforming the stock market, though Bitcoin is underperforming some of its stock market peers. The rally comes as Tesla has confirmed that it owns over $1.5 billion worth of Bitcoin to help hedge its balance sheet and to provide liquidity for its upcoming plan to accept BTC for payments of vehicles. Related Reading: Wall Street Veteran Kickstarts…

It’s “Only Up” Season for Bitcoin as BNY Melon News Sends BTC to New Highs

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Bitcoin has been caught in one of the strong uptrends seen since its parabolic rally first began in late-2020 The cryptocurrency has been seeing tremendous growth as of late that has come about primarily as a result of multiple signs of mainstream adoption Examples of this include Tesla’s decision to add $1.5b worth of BTC to their balance sheets, as well as the auto company enabling BTC payments for their vehicles Today, the Bank of New York Mellon also announced intentions to begin adding some support for Bitcoin custody This…