Day: March 10, 2021

Bitcoin Climbs Higher and Hits New Records as the US Dollar Weakens

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The paychecks for the US population based on the approved Stimulus bill are expected to be delivered to those who are qualified this week. The US Treasury Secretary affirmed earlier on Friday that despite the huge amount of the bill, the US needs to โ€œgo bigโ€. The CPI data released earlier today as per February is weaker than in January, which supposedly should slow down the growing inflation. However, it is expected that with paychecks delivered, the inflation could burst. Weak CPI data weakened the DXY and supported the further…

Vitalik Buterin Says Rollups Will Scale Ethereum 100X in Coming Weeks

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According to Buterin, the proposed rollups are not a new thing and will hold until Ethereum 2.0 is fully launched. High transaction fees and mind-blowing token exchange fees on the Ethereum ecosystem will be history in coming weeks, Vitalik Buterin noted. The Ethereum co-founder was speaking on the Tim Ferriss podcast, where he noted that proposed rollups will scale the Ethereum ecosystem 100X in the coming weeks. According to Buterin, the proposed rollups are not a new thing and will hold until Ethereum 2.0 is fully rolled out. โ€œRollups are…

DOGE must ditch meme status to be valued as money

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There is no denying the fact that Dogecoin (DOGE) is by far one of the most polarizing crypto projects in the market today. On one hand, many think of the cryptocurrency as largely being a joke that has long overstayed its welcome; however, there also those people โ€” including many celebrities, business moguls, etc. โ€” who evidently believe itโ€™s a viable financial instrument that will stick around for a long time to come, or at least they are leading people into believing that. For example, the owner of NBA franchise…

21shares Launches Bitcoin Cash and Ethereum ETPs on Deutsche Boerseโ€™s Xetra โ€“ Bitcoin News

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The cryptocurrency exchange-traded products (ETP) provider 21shares AG, formerly known as Amun, has announced the launch of two new crypto asset ETPs on Deutsche Boerseโ€™s Xetra. The 21shares ETPs will leverage the cryptocurrencies ethereum under the ticker โ€œ21XE,โ€ and bitcoin cash under the ticker โ€œ21XC.โ€ Bitcoin Cash and Ethereum Exchange Traded Products Listed on Xetra Following the firmโ€™s two bitcoin (BTC) exchange-traded products listed last year, 21shares AG is launching two new ETPs for the popular crypto-assets bitcoin cash (BCH) and ethereum (ETH). Ethereum is currently the second-largest blockchain, in…

21shares Launches Bitcoin Cash and Ethereum ETPs on Deutsche Boerseโ€™s Xetra โ€“ Bitcoin News

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The cryptocurrency exchange-traded products (ETP) provider 21shares AG, formerly known as Amun, has announced the launch of two new crypto asset ETPs on Deutsche Boerseโ€™s Xetra. The 21shares ETPs will leverage the cryptocurrencies ethereum under the ticker โ€œ21XE,โ€ and bitcoin cash under the ticker โ€œ21XC.โ€ Bitcoin Cash and Ethereum Exchange Traded Products Listed on Xetra Following the firmโ€™s two bitcoin (BTC) exchange-traded products listed last year, 21shares AG is launching two new ETPs for the popular crypto-assets bitcoin cash (BCH) and ethereum (ETH). Ethereum is currently the second-largest blockchain, in…

Is Altseason Over?! Bitcoin Dominance Analysis (BTCD) as the Bitcoin Bulldozer crushes $50,000!!

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Bitcoin price analysis today as it Bitcoin breaks $50,000. Chart Analysis for Bitcoin and Bitcoin Dominance. Is Altseason over as Bitcoin Dominance shows bullish signals?! Altcoin Market Analysis โ–บ Keep your Crypto safe with a Hardware Wallet TIMESTAMPS 00:00 Bitcoin New All Time High and Bitcoin Dominance Analysis 00:42 Bitcoin BTC Chart: A Bearish Pattern with a Bullish Break! 03:45 Bitcoin BTC Bullish with Decreasing Volume 05:56 Bitcoin Dominance BTCD and Altcoins 09:00 Do I think Altseason is over? 09:37 Full Bitcoin…

Weekly Recap: Bitcoin and Ethereum Growth Stopped by Major Obstacles

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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) weekly price movements. Both Bitcoin and Ethereum have had a very volatile week, with their charts being nearly identical. Both coins have seen considerable growth early on in the week, although they then encountered strong resistances that have kept them down ever since, stuck in an endless loop of corrections and recoveries. Fundamental Analysis: Is the Biden Administration Warming Up to Crypto? The first week of March has started…

Jack Dorsey To End Ethereum NFT Auction of His 1st Tweet on March 21st

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In brief: Twitter CEO, Jack Dorsey will end the NFT auction of his first tweet on the 21st of March He will immediately convert all proceeds to Bitcoin and Donate to GiveDirectly.org Justin Sun has been outbid for the NFT by the CEO of Bridge Oracle, Hakan Estavi Mr. Estavi has bid $2.5M and offered to increase his bid for the NFT for charity purposes The CEO of Twitter, Jack Dorsey, has announced that he will be ending the Ethereum NFT auction of his first Tweet on the 21st of…

Did ETH/BTC just bottom as Ether eyes $2K?

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Bitcoinโ€™s (BTC) price has been broken past a major resistance level of $52,000 in the past few days and approaching the all-time high region. However, other cryptocurrencies are rallying heavily as well. In the recent months, the market has seen massive surges for Cardano (ADA), Polkadot (DOT) and Cosmos (ATOM). These altcoins have been seeing impressive gains as Ether (ETH) has been facing scalability issues and high network fees. This is resulting in negative sentiment on social media, where some investors and traders are doubting whether a bullish breakout will…