Increasing stock market volatility drags Bitcoin and altcoin prices lower

The cryptocurrency market faced another day of downward pressure as the unease in the traditional markets continues to spread following the recent interest rate spike on the 10-year U.S. Treasury bond.  Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin (BTC) fell to a low at $44,710 late on Feb. 25 before buying at the key support returned to help the digital asset recover back above $46,500 but generally, analysts are looking for $50,000 to become an established support before expecting bullish continuation. BTC/USDT 4-hour chart. Source:…

China's Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out – Mining Bitcoin News

A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain are completely sold out. Bitcoin Mining Rig Manufacturers Experience a Device Demand Boom Bitcoin (BTC) prices in February have spiked considerably in value and this has fueled the BTC mining sector a great deal. On Friday, the Bitcoin network hashrate is hovering above the 150 exahash…

Investing In Bitcoin For Beginners 2020

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In todays video I'll be disussing some of the steps involved in investing in Bitcoin. This video is beginner friendly and aims to provide the basics to get you started on your Bitcoin investing journey. Time stamps 🚀 00:39 What is Bitcoin 01:57 Storing Bitcoin 02:18 Buying Bitcoin ★ ★ Instagram ★ ★ Financialknowledgenz ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Alpha Finance Lab rallies after integrating with Compound and Binance Smart Chain

Alpha Finance Lab (ALPHA) experienced a price breakout on Feb. 25 as a series of significant partnerships has brought renewed interest in the cross-chain DeFi platform.  Data from Cointelegraph Markets and TradingView shows that following the announcements, ALPHA price surged to $1.78 but Bitcoin's recent struggle to hold $50,000 as support led to a sell-off among altcoins and ALPHA currently trades at $1.31. ALPHA/USDT daily chart. Source: TradingView One of the reasons for the sudden surge was the Feb. 25 announcement of a partnership with Compound Finance (COMP) that will…

NFTs based on STARZ show ‘American Gods’ coming soon from Curio

Curio, a platform which sells non fungible tokens, is helping to bring to life NFTs based on the TV series American Gods. The show is based on a novel of the same name by author Neil Gaiman.  “We are working with Fremantle on creating officially licensed digital collectibles for the hit TV show American Gods, which airs on STARZ in the U.S. and Amazon Prime Video internationally,” Curio’s CEO, Juan Hernandez, told Cointelegraph, adding: “This is a first-of-its-kind use of NFTs with mainstream media, and it shows how larger marquee brands…

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Loose ends and long dramas, Feb. 19–26

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor's note One day in the not-so-distant future, the curious experience of episodic television with its week-by-week gaps will be a weird thing that old people strain themselves not to talk about around the youths, until they eventually get, like, really old and stop caring and start turning all of the logistical inconveniences of their early memories into little moral parables. And by “they,” I mean me. And I’m looking forward…

SEC’s Division of Examinations issues Risk Alert on digital assets

The Security and Exchange Commission's Division of Examinations published today a blueprint for investment managers and institutions on how the Division will inspect the handling of cryptoassets, or “digital asset securities,” moving forward.  The Division (formerly the Office of Compliance Inspections and Examinations, or OCIE) is the second largest wing of the SEC, and is tasked with overseeing securities industry players to ensure regulatory compliance. Targeted towards investment advisors, broker-dealers, exchanges, and transfer agents, this Risk Alert provided a broad list of specific procedural, bookkeeping, and advisory steps the Division…

Crypto Market Data Platforms – Overview

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Learn about Data Platforms which provide insights into the Cryptocurrency Market. Suitable for Traders, Investors, Quants, Researchers and Analysts. Learn about market data platforms like Kaiko, CryptoQuant, Glassnode, CoinMetrics, Nomics, Messari, and many others. These data platforms help you to understand market risks that might evolve in the short or near-term and in which direction the crypto market might be heading. Perfectly suitable for traders and investment professionals of all experience levels – the part-time trader who makes long-term bets on the…