Day: February 15, 2021

what US Presidents have said about crypto and blockchain

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In recognition of Presidents’ Day, Cointelegraph is taking a look at the remarks of current and former leaders of the United States regarding crypto and blockchain. One of the earliest presidential adopters, Bill Clinton reportedly received his first Bitcoin (BTC) in 2016 — more than fifteen years after his two terms in office. Though the Democratic U.S. President accepted the crypto asset gift from venture capitalist Matthew Roszak, seemingly with a smile on his face, he has been largely silent on the ecosystem. However, Clinton gave a keynote speech at…

Paypal to Expand Its Crypto Services Offering to the UK – News Bitcoin News

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Paypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for Paypal’s U.K. customers in “a number of months.” Results With the Paypal Crypto Services Have ‘Exceeded’ Expectations in the US During Paypal’s Investor Day 2021 event, Jonathan Auerbach, executive chief strategy and growth officer at the digital payments firm, unveiled plans of deploying the crypto services in the region. According to the executive, the crypto product has surpassed Paypal’s expectations…

Nearly $2B Liquidated In Valentine’s Day Bitcoin Plunge

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Bitcoin price has been trending upward for months, but the general consensus amongst crypto investors is that the point of no return hasn’t been reached yet, so there’s still plenty of time to get into position for the next move up. Overly eager long traders, however, had their hearts broken when $1.9 billion in positions were liquidated during a late evening Valentine’s Day massacre. Here’s what happened and the result of all the carnage. Valentine’s Day Bitcoin Massacre Wipes Out $2 Billion In Longs Over the weekend, Bitcoin price climbed…

The Mainstream Media Narrative Shifts on Bitcoin

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As another wave of major financial institutions announce bitcoin plans, it’s getting harder for the MSM to simply print the same old FUD. This episode is sponsored by Nexo.io. Today on the Brief: A follow-up on celebrity in crypto Dapper Labs and BlockFi raising at multibillion dollar valuations Cathie Wood and ARK increase their bitcoin position Our main discussion looks at the latest institutional bitcoin news: Deutsche Bank – the world’s 21st largest – quietly revealed a digital asset custody program with much bigger ambitions in a December 2020 World…

How to Buy Bitcoin 2021 | Cryptocurrency Investing

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io With Cryptocurrency news getting increasingly more popular, a lot of people are searching for Cryptocurrency Trading for Beginners. On this video I show you how to buy Bitcoin 2021 / how to invest in Bitcoin 2021 (BTC). Especially that all the Bitcoin news is showing major growth, the easiest way to get Bitcoin is using Coinbase. My Coinbase Review is very positive, as it’s the easiest way to buy Cryptocurrency 2021 💰Get $10 of Bitcoin FOR FREE on Coinbase here: 🎨My Crypto…

Uniswap reaches $100B in cumulative volume amid DeFi explosion

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Uniswap’s decentralized exchange reached a major milestone on Monday as cumulative trade volumes surpassed $100 billion in the wake of the decentralized finance boom.  Hayden Adams, Uniswap’s CEO, tweeted Monday that the platform became the first decentralized exchange to process over $100 billion in transactions. Using data from Dune Analytics, Adams showed cumulative volumes of $101.5 billion as of Monday. The chart highlights Uniswap’s dramatic growth since mid-2020 when the first DeFi bull market began. @Uniswap just became the first decentralized trading platform to process over $100b in volume –…

Ethereum fundamentals signal $2,000 ETH price is closer than it seems

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In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs. Although the initial anxiety regarding CME’s ETH futures launch on Feb. 8 seems to have faded, sustained excessive transaction fees might have undermined investors’ confidence. Nevertheless, the fundamentals behind Ethereum remain solid, indicating ETH price should promptly recover from eventual dips. Ethereum median transaction fee, USD. Source: BitInfoCharts Even though the above metric might be…

Ethereum 2.0 set to undergo first hard fork upgrade

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Ethereum co-founder Vitalik Buterin published a plan on Monday for the first hard fork of the new Ethereum 2.0 Beacon Chain, tentatively named HF1. The hard fork would allow the developers to introduce several key upgrades to the recently launched Beacon Chain, which would also serve as a useful test for deeper changes in the future. The biggest practical change is the support for light clients — nodes that would have minimal resource requirements and could run on mobile devices. This would allow for “trust-minimized wallets” that are able to…

Allianz Economic Advisor Says Argument for Bitcoin Is Evolving — More Companies Will Embrace BTC as Form of Payment – Markets and Prices Bitcoin News

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Allianz’s chief economic advisor, Mohamed El-Erian, says that the argument for investing in bitcoin has reached a pivot point. He sees more companies following Tesla’s example and embracing bitcoin as an investment vehicle as well as a form of payment. Allianz’s Economic Advisor Says the Argument for Bitcoin Is Now Positive Economist Mohamed El-Erian has highlighted key reasons for investing in bitcoin in an interview with CNBC last week. El-Erian, an Egyptian-American businessman, is President of Queens’ College, Cambridge University. He is also chief economic adviser at Allianz, the corporate…