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Day: March 13, 2021
Abandoned Mines Collide With The Cold War
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Given the enthusiasm with which various governmental agencies destroy abandoned mines today, it may seem odd that abandoned mines were once greatly in favor with the U.S. government. However, the Cold War made strange bedfellows of manyโฆ At the height of the Cold War, there was a high level of fear of nuclear war (Given the recent ravages of World War II, I believe a certain level of paranoia was understandable). As such, civil defense agencies were building fallout shelters all over…
Bitcoin payday? Crypto to revolutionize job wages… or not โ Cointelegraph Magazine
Speaking at a Chamber of Digital Commerce panel discussion in late February, City of Miami Mayor Francis Suarez noted that his cityโs employees, like others, are worried about the โpotential devaluation of the dollar,โ so he proposed to the Miami City Commission a resolution to allow โour employees to take a percentage of their salaries in Bitcoin if they so desired.โ After all, notes Suarez, โThe highest-paid player in the National Football Leagueโ โ Carolina Panthers offensive tackle Russell Okung โ wonโt be earning the most because heโs the best…
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Cryptocurrency Markets Catch Fresh Momentum, BTC Price Taps Psychological $60K Handle โ Markets and Prices Bitcoin News
The price of bitcoin cracked a new all-time high on Saturday morning reaching $60,120 per unit at around 6:25 a.m. (ET). Bitcoin now has a 1.12 trillion-dollar market valuation and a dominance level of around 61.9% while ethereum now commands close to 12% of the $1.70 trillion capitalization of all 8,792 digital assets in the crypto economy. The price of bitcoin (BTC) has once again captured a new lifetime price high reaching $60,120 per BTC on Sunday, March 13, 2021. During the last 24 hours, BTC has gained 6.9% and…
Bitcoin price hits $60K after bulls push through a key resistance cluster
Bitcoin (BTC) hit $60,000 for the first time on March 13 as the long-awaited continuation of the BTC price bull run got underway. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC records another landmark price level Data from Cointelegraph Markets and Tradingviewย tracked BTC/USD as the pair finally crossed the historic level after several weeks of mild corrections and periods of consolidation. Bulls had spent a considerable time in limbo as Bitcoin tested prior all-time highs at $58,350 repeatedly, with a significant resistance zone beneath slowing progress. In the end, however,…
The future of the company balance sheet
Bitcoin has seen unparalleled growth in early 2021, reaching highs of over $58,000, almost triple its peak of the 2017โ2018 boom. We are entering an era where institutions are starting to turn to Bitcoin (BTC), as many countries worldwide have been printing unprecedented amounts of money to service mounting debt. And to make matters worse, they are also facing the risk of unmanageable inflation. This perfect storm of macro conditions means institutions like pension funds, hedge funds, as well as high-net-worth individuals with trillions of dollars in combined value are…
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Bitcoin Cumulative Transfer Value Surpasses $3.5 Trillion
The latest data from Coinmetrics shows that the Bitcoin cumulative transfer value has hit more than 3.5 trillion. The number of bitcoin processed on a single day reached its highest value at the beginning of 2021, as more people display interest in the cryptocurrency.ย Bitcoin Bull Run in the Past Year In December 2020, bitcoin had about 330,000 daily transactions and hit around 400,000 at the beginning of January 2021. It is greater than other cryptocurrenciesโ transaction operations simultaneously but substantially less than their competitor, Ethereum: more than 1.1 million…
Algo-Trading With Coinbase Pro API and Python | Part 1
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Here I show the basics of the Coinbase Pro API with Python for algorithmic trading. I’m using third-party library “cbpro” to connect. This library allows us to control different aspects of our Coinbase Pro accounts programmatically, such as checking account balances, connecting to live data feeds and placing a market order, all from a Jupyter notebook and in a few lines of code. Remember to use the Sandbox site and not the real one until you are ready to trade, and that…