Day: February 12, 2021

Traders say there aren’t many reasons to be bearish on Bitcoin

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Bitcoin hit just shy of $50,000 in the past 24 hours, following news earlier this week that Tesla had purchased $1.5 billion worth of the asset. Despite Bitcoin (BTC) rising more than 100% past its 2017 high near $20,000 over the course of the past few months, Cheds, a crypto analyst and trader on Twitter, thinks the scene remains bullish.  “I think many people are looking for a local top here, or perhaps reasons for one because the price has risen so far so fast,” Cheds told Cointelegraph. Cheds is CMT level I…

This Litecoin Fractal Says Time Is Running Out To Accumulate At Low Prices

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Litecoin as a cryptocurrency has longevity behind it, digital scarcity, and a code that’s just like Bitcoin’s. Yet the reputation of the altcoin has been so tarnished, it has long lagged behind the rest of the market after being the once clear leader. Signs are mounting that this could soon reverse, and according to a fractal from past market cycles, time is running out to accumulate the silver to Bitcoin as digital gold at such low prices. Digital Silver Ready To Shine After Several Years of Dormancy When talking precious…

Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12

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Exploring where national security meets securities offerings in this week’s crypto news. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note A wise man once said, “there’s security and there’re securities,” and if he didn’t, he should’ve. In modern English, it seems a quaint coincidence that the word “security” refers to both safety and a broad class of investments. But as pending arguments about, say, meme-propelled trading in securities are set to take place in forums reserved for…

URGENTE!!! BITCOIN FEZ BARRA DE REJEIÇÃO E PODE CAIR | CAFÉ BITCÃO #44

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin e Ethereum tiveram uma barra de rejeição de rompimento no grafico de 4 horas assumindo um risco de topo duplo verdadeiro com barras de volume acima das medias!!! neste video falaremos sobre isso… ● CURSO MESTRES DO BITCOIN 2.0 (CUPOM DE 40%: FELIZ2021)⭐ ● PLANILHA BITCAO HOLD: 🚨 ● GRUPO TELEGRAM STAKE CARDANO ADA: 🚨 ● GRUPO GRATUITO do Telegram Mestres do Bitcoin 👌 ● CORRETORA QUE UTILIZO? ⚡️ Binance: ● CARTEIRA DeFi para Celular? Baixe o App STATUS: 📲 ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖…

Price analysis 2/12: BTC, ETH, ADA, XRP, DOT, BNB, LTC, LINK, XLM, BCH

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Altcoins are soaring to new highs while Bitcoin price trades in a sideways range near the $47,000 support. Financial regulators across the world finally seem to be warming up to the idea that cryptocurrencies can trade in tandem with stock markets and also in exchange-traded funds (ETF).  On Feb. 11, Canada’s Ontario Securities Commission approved the proposal of a Bitcoin ETF by Accelerate Financial, which marks the first approval of a Bitcoin (BTC) ETF in North America. The Australian Securities and Investments Commission has also softened its stance toward a…

City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC – Regulation Bitcoin News

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The U.S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury. Miami Gets Deep Into Bitcoin Miami City’s commissioners voted Thursday night to support Mayor Francis Suarez’s resolution that would make Miami a highly bitcoin-forward city. In a video thanking the commissioners for their support, the pro-bitcoin mayor explained that the resolution “directs the…

Over $1 Billion In Stablecoins Are Sidelined Waiting To Push Bitcoin To $100K

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Bitcoin is trading only a couple thousand dollars below $50,000, but according to one crypto analyst, there’s over $1 billion in stablecoins waiting on the sidelines to push the leading cryptocurrency by market cap to a price of $100,000 per coin, within the next thirty to sixty days. Here’s why all this capital sitting on the sides could soon be used to drive prices even higher. Analyst: Bitcoin Could Reach $100,000 Within 30 to 60 Days Bitcoin has been an unstoppable uptrend since Black Thursday, almost a year ago to…

Why Jay-Z and Jack Dorsey’s Bitcoin Trust Matters

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Hip-hop mogul Sean Carter and Jack Dorsey are putting 500 BTC in a blind trust. This episode is sponsored by Nexo.io. On today’s episode, NLW breaks down: The Miami Commissioners vote to start educating people about bitcoin and crypto The Nigerian Senate debate following the Central Bank of Nigeria’s recent crypto ban Why Jay-Z and Jack Dorsey’s bitcoin trust matters NLW argues the relationship between the crypto industry and celebrities is very different this time around compared to the previous ICO-led bull market. See also: How Nigeria and India Are…

Cointelegraph to gift NFTs to honorees on its ‘Notable 100’ blockchain list

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Now that Cointelegraph’s “Top 100 Notable People in Blockchain 2021” has been fully revealed, you’d be forgiven for thinking that the surprises were over for another year. Well, not quite. We believe that those who gained a place within our list deserve more than simply being celebrated on our website… so we’ve immortalized them as unique nonfungible token artworks designed by the talented illustration team here at Cointelegraph. But unless you’re on the list, don’t get too excited just yet. These NFTs won’t be available to the general public. Instead,…

Patterns of Inevitability in Tech and Blockchain: Jack O'Holleran

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I got to see this machine learning AI space progress and now I’m working in blockchain. And I have to tell you— there’s a pattern. I just see this pattern.” —Jack O’Holleran Today’s guest is Jack O’Holleran, serial entrepreneur, and Co-founder and CEO at SKALE Labs. SKALE is a technology company solving the blockchain scalability problem, helping the ecosystem run hundreds of millions of smart contracts and transactions per second. Before founding SKALE, Jack also co-founded and grew Aktana, the leading SaaS…