Day: March 1, 2021

MicroStrategy Buys Another $15 Million of Bitcoin, Unrealized BTC Profits up 100% to $2.3 Billion

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The CEO of MicroStrategy–the business intelligence platform listed at NASDAQ, Michael Saylor, has confirmed that the firm bought an additional 328 BTC for roughly $15 million in cash. MicroStrategy’s Confidence in Bitcoin Their Form 8-k records on Mar 1 reveal, their doubling down came when Bitcoin and crypto prices crashed, falling approximately 30 percent from the $58k peaks. However, MicroStrategy and Michael Saylor are confident of Bitcoin’s future, buying the dips and adding to their stash. MicroStrategy is officially the largest public company with over 90.8 BTC translating to over…

Ethereum and DeFi are forcing smart contract platforms to evolve

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The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year. Most decentralized finance applications are deployed on the Ethereum blockchain, bringing billions of dollars onto the network and pushing it to its maximum operational threshold. While the capabilities of the underlying network may seem like the only thing holding DeFi back, Ethereum isn’t slacking either. As Ethereum 2.0 gears up…

Monthly Recap: Bitcoin Leaves Ethereum In The Dust

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Greg Waisman, the co-founder and COO of the fintech company Mercuryo, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) monthly price movements. Tesla Joins the Bitcoin Craze Pushing Prices to New All-Time Highs Bitcoin kicked off February on a good posture. After enduring a month-long consolidation period that began on January 8th, BTC was able to slice through the $35,000 resistance barrier and resume its uptrend. By February 6th, the pioneer cryptocurrency had risen nearly 24% from the monthly open of $33,140 to $41,000. Although prices tumbled the…

Bitcoin breaking new | bitcoin news today | bitcoin investment is safe or not? | Bitcoin latest news

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io bitcoin breaking news bitcoin latest news in hindi bitcoin news today bitcoin investment bitcoin investment is safe or not ? Dogecoin Becomes Most Mentioned Crypto on Twitter Ever as Price Soars Bitcoin soars above $36,000 after Elon Musk changes his Twitter bio ============================================================= INSTAGRAM:- OPEN ACCOUNT IN UPSTOX:- ============================================================= bitcoin breaking news #bitcoinbreakingnews ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Crypto bank opens physical location in India's capital as potential regulatory ban looms

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Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters. India’s Unicas crypto bank opened its third physical branch last week in New Delhi. Previous locations were launched in Jamnagar and Jaipur. Unicas reportedly allows customers to access fiat and crypto services at the bank and provides digital loans using crypto holdings as collateral. The bank aims to launch 50 branches across the country by the end of the year and 50 more by the end of…

Can You Buy Crypto on One Exchange and Sell on Another?

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Question: Can you buy cryptocurrency on one exchange and sell it on a different exchange? Answer: Yes. Question: Why would you want to do this, and what is it called? Answer: It’s call Arbitrage, and cryptocurrency investors do it to make money. Just like any other asset, cryptocurrencies are worth what someone else is willing to pay for them. And as it happens, Bitcoin is worth more in certain areas of the world, as well as between different exchanges. This means there is a profit margin that savvy traders can…

Citi Bank Predicts Bitcoin Could Become Future of International Transactions

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Citi says that another cryptocurrency might be able to usurp Bitcoin from its current high position citing the fact that altcoins have witnessed their market cap grow by almost 4 times in 2020. Citi Bank has released a new report that indicates that Bitcoin is at a “tipping point” of its evolution due to the increased investments in the asset by leading institutions and the ongoing regulatory works being put in place by the authorities. According to the report, the digital could evolve to become the currency that would be…

BlockFi clients earn record interest payments in February

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Crypto lending firm BlockFi posted another record-breaking month in February, paying out over $35 million in interest to its clients.  The interest payments were comprised of 450 in Bitcoin (BTC), 5,000 in Ethereum (ETH) and 6 million in stablecoins, CEO Zac Prince said. Another record breaking month of interest payments for @BlockFi clients in Feb. Over 35M in interest paid including: >450 #btc >5,000 #eth >6M in stablecoins Thank you and let’s keep going! — Zac Prince (@BlockFiZac) March 1, 2021 Clients of BlockFi are able to earn interest on…

FPGA Mining Cryptocurrencies in YOUR HOME?!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Let’s review the smallest FPGA mining rig you can buy right now and if FPGA mining cryptocurrencies in 2021 is profitable and worth it! Subscribe to VoskCoin – Get $25 for FREE with CryptoCom – Get up to $250 for FREE with BlockFi – You can CPU mine, or GPU mine, or ASIC mine, or you could also FPGA mine?! Mining at home is more difficult than ever, however, there are a lot of micro or mini crypto miners available for purchase!…

Cook Protocol and DuckDAO Enter Strategic Partnership to Boost Defi Asset Management

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Cook Protocol will allow users to analyze risks and benefits before making an investment, akin to the due diligence needed for a traditional investment fund. Cook Protocol has announced that it will be partnering with DuckDAO, with the latter assisting with strategy, marketing, and growth. This will help Cook Protocol achieve the initial goals on its roadmap and bring decentralized asset management to a global audience. DuckDAO is rapidly establishing itself as one of the preeminent community-based digital asset investment and advisory organizations, making it a perfect partnership for Cook…