Day: February 23, 2021

Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors – Market Updates Bitcoin News

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Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. Bitcoin Price Dips Over 18% and Quickly Regains Some of the Losses Cryptocurrency proponents are watching markets closely after the price of bitcoin (BTC) started sliding early Sunday morning after coasting along at the $55k range. 12 hours prior the crypto asset had…

Breaking down the big moves in Bitcoin

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Anthony Pompliano, Founder and Partner at Morgan Creek Digital Assets, joins Worldwide Exchange to discuss Bitcoin’s wild week, and where the cryptocurrency could go next in 2021 and beyond. Subscribe to CNBC PRO for access to investor and analyst insights on bitcoin and more: Traders are looking closely at bitcoin and other speculative investments like Tesla for signs of exuberance that may indicate where the stock market could go next. The cryptocurrency, which briefly topped $40,000 apiece last week, has become a…

1 billion people will store life savings on their phone in Bitcoin by 2026 — MicroStrategy CEO

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Bitcoin (BTC) will be the savings method of choice for one billion people on their phones by 2026, MicroStrategy CEO Michael Saylor predicts. In an interview with CNBC on Feb. 23, Saylor, whose company owns in excess of 70,000 BTC, continued his public Bitcoin advocacy, calling it “the dominant digital monetary network.” Saylor: Billions will choose Bitcoin for savings Saylor was speaking a day after U.S. Treasury Secretary Janet Yellen described Bitcoin as “inefficient,” comments which accompanied a price dip of over 20% from all-time highs of $58,300. For him,…

⚠️URGENT BTC + ETH NEXT MOVE❗ Bitcoin + Ethereum Technical Analysis live price.

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BTC Bitcoin + Ethereum Technical Analysis price today live now 8.2.21 $BTC target higher to come. $ETH retrace to support. #Bitcoin #Ethereum #TechnicalAnalysis Learn to trade and follow my updates today: – Trade on Bybit with a free $590: Live updates: – Free Discord invite link: – Want To Win More Trades, Make More Money? – Want to join our THRIVING community of over 2000 Champions and get exclusive tips, tricks, tactics and strategies to fuel YOUR trading success TODAY! Any advisory…

Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP Cryptocurrency – Regulation Bitcoin News

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Moneygram has announced that it has suspended using Ripple’s platform due to the lawsuit against Ripple Labs and its executives by the U.S. Securities and Exchange Commission (SEC). Last year, the company earned $50.2 million from Ripple for using the platform. Moneygram Stops Using Ripple’s Platform Moneygram International announced Monday that it has suspended trading on Ripple’s platform. The announcement came as part of the company’s earnings report for the fourth quarter and full year 2020. For the year 2020, Moneygram recorded total revenue of $1,217 million; its money transfer…

The United Arab Emirates chase crypto and blockchain adoption

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For a long time, the United Arab Emirates has been one of the most progressive crypto countries in the world. For example, government-owned licensing firm Kiklabb allows clients to pay for their visa and trade license fees via various digital assets to the Dubai Financial Services Authority, which announced its decision to work on a holistic crypto regulatory framework as part of its 2021 business plan. In fact, as a result of Dubai’s crypto-friendly policies, Ripple, a firm that has recently been in murky waters with the United States Securities…

EV Company Lucid Motors to Go Public in Massive Blank-check Merger

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Lucid Motors has recently announced an intent of the company to alter merge with a blank-check dedicated company Churchill Capital IV Corp in an agreement to trade and operate publicly. Formerly known as Atieva, Lucid Motors Inc is a famous auto firm specifically dedicated in producing electric cars. As per recent reports, the American company aims to increases the assumption for electric cars across the globe. Therefore the idea of going public sets Lucid on the right path. The company is sponsored by a Saudi Arabia’s sovereign fund who per…

Spotify to Expand to New Markets, Targets 1 Billion Users

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While Spotify’s market expansion drive is ambitious and will help push the company to maintain a better global streaming audience, the platform has other tech behemoths offering similar services to compete with. Swedish audio streaming and media services provider Spotify Technology SA (NYSE: SPOT) is planning a global expansion to new markets. The company’s plans were made known on Tuesday at a live streaming event that featured Justin Bieber, Prince Harry, and Meghan Markle. Spotify was founded in 2008, and through its existence, the firm has gained a fair share…

Crypto.com Burns 70B of Its Native Token, Sets to Launch its Mainnet

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Crypto.com explained that the burning of its native token was going to increase the circulating supply of its native token from 24% to 80% as it continues to work on becoming a fully decentralized chain network.  Crypto.com has announced that it would be burning 70 billion of its native token CRO in “an important step to fully decentralize the network at Mainnet Launch.” The crypto exchange also went on to label the burn as “the largest in history,” and 59.6 billion of the tokens have already been burned on Monday,…

Flow NFTs Are Coming to OpenSea – Press release Bitcoin News

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press release PRESS RELEASE. February 23, 2021 – OpenSea, the largest marketplace for blockchain-enabled non-fungible tokens (NFTs), is in the process of building support for Flow, a blockchain built for mainstream consumer scale originally created by Dapper Labs, the company behind CryptoKitties and NBA Top Shot, which has recently reached over $150 million in sales volume, becoming the highest-selling NFT dapp across the entire crypto ecosystem. The integration will allow for the creation of a massive open economy powering the next generation of apps and games, fueled by OpenSea’s position…