Day: February 26, 2021

Bitcoin price nears $44K as large Coinbase outflows fail to stop the sell-off

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Bitcoin (BTC) hit fresh local lows on Feb. 26 despite what appear to be ongoing largescal institutional buy-ins. New lows despite bullish signs Data from Cointelegraph Markets and TradingView showed BTC/USD $44,150 during Friday trading — last seen two weeks ago — after a rebound to $50,000 fizzled overnight. Bitcoin had seen good news in the form of asset manager Stone Ridge planning to become the first Bitcoin mutual fund, along with major corporate purchases from MicroStrategy and Square. These, however, failed to stem the bearish mood, with 24-hour losses standing…

TWTR Stock Spikes 3.9% as Twitter Reveals Plans to Double Revenue by 2023

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To double its annual revenue by 2023 as planned, Twitter would need an increase from 43.7 billion recorded in 2020 to at least $7.5 billion.  Twitter Inc (NYSE: TWTR) saw a 3.7% gain in its stock after the social media network announced plans to double revenue by the end of 2023. Also in the same year, Twitter hopes to have 315 million monetizable daily active users (mDAUs). In the fourth quarter of 2020, Twitter said that it had 192 million mDAUs. Twitter announced its long-term plans for revenue and daily…

SEC Investigates Tesla’s CEO Elon Musk over Tweets Promoting DOGE

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Shortly after Klarna CEO Sebastian Siemiatkowski expressed his concern over tweets promoting Bitcoin, reports revealed that the SEC is investigating Musk over DOGE tweets. The price of DOGE has declined in reaction to the news that the US Securities and Exchange Commission (SEC) is currently investigating Tesla’s (NASDAQ: TSLA) CEO Elon Musk over Dogecoin tweets. Recently, Elon Musk has been advocating for cryptocurrencies through his Twitter Inc (NYSE: TWTR) posts. Last month, the CEO of the electric vehicle company revealed his interest in the leading crypto asset, adding the Bitcoin…

Philippine Crypto Exchange Demands Users Return Bitcoin Bought at $6,000 Following System Error – Exchanges Bitcoin News

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Philippine crypto exchange Pdax recently suffered a costly technical failure – one that led to bitcoin trading at 300,000 Philippine pesos (around $6,000) – a discount of 88% to its current price. In the melee, some users managed to buy at these ridiculously low prices and quickly moved the bitcoin (BTC) away from their exchange wallets before the error was detected, local news outlet Bitpinas reported. The actual amount of BTC hoarded at the $6,000 give-away price is not clear. However, the Philippine Digital Asset Exchange, or Pdax, is now…

One of Switzerland’s leading banks now offers crypto trading

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Bordier & Cie, a Swiss financial institution operating for more than 170 years, has announced a partnership with digital asset bank Sygnum to allow its customers to purchase crypto assets. The integration with Sygnum’s business-to-business banking platform allows Bordier’s clients to purchase Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Tezos (XTZ). The announcement describes the move as “lay[ing] the foundation for a broader offering of regulated digital asset products and services,” including options and tokenized asset classes. Bordier managing partner Evrard Bordier said: “By partnering with Sygnum Bank, we are…

Hedging Crypto Market Risk With DeFi| Benchmark Protocol (MARK) News and Updates | 100x Show

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hedging Crypto Market Risk With DeFi| Benchmark Protocol (MARK) News and Updates | 100x Show #Benchmark #MARK #Crypto Hedging Crypto Market Risk With DeFi | Benchmark Protocol (MARK) News and Updates | 100x Show 100X Show live stream featuring Kurt Uhler and Token Metrics. Benchmark Protocol mitigates liquidation events and hedges risk with the MARK token; a supply elastic, stablecoin-alternative that connects traditional capital markets to DeFi. In this episode of the 100X Show live stream, we cover the following: – Benchmark…

Spanish Real Estate Agency Offers an Apartment in Barcelona for Sale in Bitcoin- Taxes Must Be Paid in Fiat – News Bitcoin News

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A Spanish real estate platform has listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin. Anyone Interested Can Pay 3.5 BTC for the Property Per an official announcement, Idealista is seeking to sell its first property via BTC in the wake of a “second revolution” seen in the crypto industry. The apartment is located in the center of Barcelona — close to the Rambla Catalonia — and the interested person should make all…

Hashbon Launches Its HASH Token and Gets Listed on Coinsbit – Press release Bitcoin News

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press release PRESS RELEASE. Established in 2016, Hashbon aims to provide payment services for both business and individual clients. One of the key differences between Hashbon and other crypto payment providers is that Hashbon charges 0% commission for crypto payments processing. Buyers pay and sellers receive exactly the same amount of cryptocurrencies that they are transacting to one another. The platform supports over 30 cryptocurrencies, including industry leaders like Bitcoin, Ethereum, Litecoin, Tether, Dash, and many others. Hashbon is expanding the list of supported cryptocurrencies regularly and the company is…

What is Bitcoin? | Shall I invest? | CA Rachana Ranade

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