The total crypto market cap added $207 billion to its value for the last seven-days and now stands at $1,467 billion. The top 10 coins were all in green for the same time period with Binance Coin (BNB) and Bitcoin Cash (BCH) leading the pack with a 102 and 62 percent increase respectively. By the time of writing bitcoin (BTC) is trading at $47,847, ether (ETH) is at $1,790. BTC/USD The most valuable crypto asset corrected its price down to $38,868 on Sunday, February 7 after failing to close above…
Day: February 15, 2021
Bitcoin must cost 10X more with 10X less utility to match Tulip Mania — Investor
Bitcoin (BTC) and cryptocurrencies look nothing like the Tulip Mania of the 17th century even after their rapid gains, one macro investor says. In a tweet on Feb. 15, Dan Tapeiro, co-founder of 10T Holdings, argued that in terms of price relative to average income, Bitcoin and Ether (ETH) still have a huge way to go before challenging tulips. Bitcoin vs. tulips: There’s no comparison Tulip Mania was a brief but intense speculative bubble in what is now the Netherlands that lasted only a matter of months between late 1636…
Bitcoin Handover to Rich Wallets Underway as Price Declines: Analyst
Bitcoin dipped on Monday after hitting a new record high in the previous session, pointing to a spike in profit-taking sentiment among daytraders. The analogy was visible in the statistics shared by an independent analyst on Twitter. The pseudonymous entity noted an 11.5 percent a 12 percent decline in the number of newly-created and active Bitcoin addresses, respectively. On the other hand, wallets holding more than 1,000 Bitcoin units increased by 0.11 percent. “Big money is buying the dip whilst the market gets shaken out,” he added. “As always.” Bitcoin…
BITCOIN EM QUEDA LIVRE!!! ONDE PODE CHEGAR???
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Uber Proposes New Laws for Gig Economy Employment to European Regulators
In the new proposed law, Uber envisions an ecosystem that offers an “industry-wide level playing field” and sets a “consistent earnings baseline” for workers across different platforms. Uber Technologies Inc (NYSE: UBER) has shared a regulatory draft with the European Union urging it to introduce a new framework for the gig economy workers. According to the United States ride-hailing company, the European Union should relook into the gig employment sector, particularly by introducing California-like laws in the sector. Whereby the gig platform employees should be regarded as independent contractors who…
Bitcoin Games Releases ‘The Angry Banker’, Hosts a $12,000 Tournament – Promoted Bitcoin News
Bitcoin Games releases its first exclusive slot game The Angry Banker with a $12,000 tournament! First Exclusive Slot Game Since Launch Our very own premium gaming portal Bitcoin Games has been bringing some of the most popular online casino games to crypto savvy gamers all around the world ever since its inception a few years ago. Now, the popular crypto casino has released it’s biggest exclusive game till date: The Angry Banker.The Angry Banker slot acts as a parody on how Bitcoin is changing the way that people transact with…
Non-Fungible Token (NFT) Market Recorded Impressive Growth in 2020, Set to Soar Higher This Year
The most expensive NFT sale was made after the successful purchase of virtual plots of land on Axie Infinity valued at $1.5 million. The global Ethereum-based Non-fungible token (NFT) market saw impressive growths in 2020 according to details from a new report by NonFungible and L’Atelier. Per the report, as detailed by Decrypt, the total transactions of the NFT market grew triple-fold in 2020 with the total valuation topping $250 million. The digital asset ecosystem is booming in a dynamic way, a reality that permits innovations to grow. NFTs are…
What to Expect in EU and Overseas?
However, during today’s global uncertainty and sluggishness of regulatory framework development, private companies are determined to steer clear of grey areas and be compliant to the maximum extent while serving their user base as effective on-ramps into digital finance. At the moment, some experts are worried that MiCA (Markets in the Crypto-Assets framework, which defines cryptocurrencies and stablecoins) will hamper the existence of the DeFi market in Europe since it aims to provide a single licensing framework for crypto projects across all the EU member states by 2024. “There’s a…
Vivendi Shares Jump Over 23% after Plan to List Universal Music Group
The Paris-based company Vivendi stated that its board had set a “minimum target of €30bn” of valuation for Universal Music. Vivendi SA (PA: VIV) shares jumped by over 23% on record after the company announced it may spin off its biggest and most profitable business Universal Music Group by the end of 2021. Vivendi also plans to distribute 60% of the company’s shares capital to its investors by the end of the year in a move to capitalise on the rising value of music assets. Vivendi shares opened 22% higher in…
FAANG Stocks Suffer, Only Google and Netflix Records Gain
The last days were not very successful for the FAANG stocks, however, Google and Netflix enjoyed some gains. The global stock markets have continued on its upward trend as Wall Street was able to close the previous week with a new high. During this period stocks on Nasdaq, S&P 500 and Dow Jones recorded gains ranging from 1% to almost 2%. Nasdaq recorded the highest with a move up the with 1.73%. However, despite the gains recorded by these stocks, the big-five technological company stocks underperformed these benchmarks. The big-five…