Energy Web Token (EWT) rallies 50% shortly after listing on Kraken

One of the biggest debates taking place on a global scale relates to energy production and the integration of renewable energy sources into an electrical grid dominated by carbon-based fuels and nuclear power.  Energy Web Token (EWT) is one project that is growing in popularity as it aims to integrate blockchain technology into the energy sector. The project also plans to help with application development and it is creating a decentralized energy exchange. Data from Cointelegraph Markets and TradingView shows that the price of EWT increased 65% from a low…

GREAT NEWS Crypto Bitcoin Cryptocurrency Update 1-17 Bitcoin News Over $38,000 Biden’s $1.9 TRILLION

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io GREAT NEWS Crypto Bitcoin Cryptocurrency Update 1-17-21 Bitcoin News Biden’s $1.9 Trillion Relief Package 💰💰💰PPP LOAN:💰💰💰 APPLY HERE: 💰 LIMITED TIME: Get 4 FREE STOCKS ON WEBULL (Valued up to $1400) 💰 📬 FREE EXCLUSIVE NEWSLETTER 📬 💯 JOIN ME ON PATREON: 💯 Here’s your crypto, bitcoin, and cryptocurrencies update for Sunday, January 17th, 2021. But first, a British man who accidentally threw out a hard drive with a trove of bitcoin on it is once again urging local city officials to…

Badger DAO announces $21 million treasury diversification via VC partners

Badger DAO has welcomed some deep-pocketed investors into the community with an asset sale aimed at de-risking the treasury portfolio. Some major venture capital names are ‘sett’ to join the Badger DAO community.  Bitcoin on Ethereum-focused decentralized finance (DeFi) protocol Badger DAO announced today a $21 million sale of DAO treasury assets to four major investors: Polychain Capital, Parafi Capital, Blockchain Capital, and noted whale wallet 0xB1. The sale was made as part of a wider “Treasury Diversification through Strategic Partnerships” plan first outlined in Badger Improvement Proposal (BIP) 37.…

Price analysis 3/3: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM

Now that Bitcoin price has flipped $50,000 back to support, small and large-cap altcoins are gearing up for a move higher. Bitcoin’s (BTC) resilience in the face of global market uncertainty continues to attract new institutional investors. Dan Loeb, the CEO of New York-based asset management firm Third Point, said that he has been “doing a deep dive into crypto.” To strengthen the venture investments team, Third Point hired former pro-crypto Goldman Sachs analyst Heath Terry, according to Reuters. Loeb’s move into crypto seems to have prodded ‘Shark Tank’ star Kevin…

Bitcoin Is at a Tipping Point, Could Become Preferred Currency for International Trade – Featured Bitcoin News

Citigroup says bitcoin is at a tipping point and the cryptocurrency could become “the currency of choice for international trade.” The firm wrote in a report that “we could be at the start of massive transformation of cryptocurrency into the mainstream.” Bitcoin Is at the Tipping Point, Citi Says Citigroup’s Global Perspectives & Solutions (GPS) team released a 108-page report Monday entitled “Bitcoin At the Tipping Point.” The Citi GPS report explains that “the biggest change with bitcoin is the shift from it being primarily a retail-focused endeavor to something…

Sports collectible NFTs will have ‘tremendous value created,’ says Fanatics chair

Basketball legend Magic Johnson has a future with the bulls. No, he’s not returning to play for the NBA, but joining a major sports licensing company that looks favorably at the rise of the non-fungible token market. In an interview with CNBC’s Squawk Box today, Michael Rubin, executive chairman of sports merchandise company Fanatics, said the digital and physical collectible market was “exploding” due in part to many spending more time at home last year. Johnson just joined Fanatics’ board as an independent director and seemed to shared Rubin’s optimism. “It’s…

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DeFi who? NFTs are the new hot stars on the crypto block

The last bull run of 2017 was defined by the initial coin offering craze, which took a turn for the worse with foreseeable consequences for overvalued projects that had little more than a team and a poorly written white paper. While many useful projects were able to blossom from the ICO era, including Ethereum and others, most have come and gone with the wind, leaving thousands of unwary investors holding on to worthless bags of tokens. A full market cycle later, and there’s now yet another rally that seems to…

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Data Reveals February’s Bitcoin Price Correction Burned Leverage Traders and Weak Hands

Glassnode has revealed in its weekly on-chain crypto market report that the bitcoin (BTC) price crash that happened in late February is actually a good thing for the markets, as it has “flushed out” weak hands, and excessive leverage trading.  BTC Price Slump Good for the Markets  In its week nine on-chain cryptocurrency markets report, Glassnode, a leading blockchain analytics firm, has hinted that the over 20 percent bitcoin (BTC) price crash in late February may have succeeded in killing off excessive leverage trading and weak hands in the markets,…