Day: March 24, 2021

Microsoft Is Surveying Its Xbox Users About Adding a Bitcoin Payment Option to the Store – News Bitcoin News

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The tech giant seems to be changing its stance on being more friendly with the cryptocurrency sphere amid the current hype. Microsoft has been asking its Xbox gaming console users about the possibility of implementing payment methods, such as bitcoin. The Poll Is the First of Its Kind Released by the Tech Giant With Crypto Questions According to a post in Reddit, a user reported that Microsoft started to show polls with the topic “Payment Options,” surveying people with questions such as how they pay for their things in Xbox.…

Stablecoin Supply Rising, Diminishing Bitcoin Reserves Ready To Fuel Next Leg Up

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Bitcoin price is back in the mid-$50,000 range, unable to push any lower despite bears best efforts and overheated technical indicators pointing to a potential trend reversal. However, several fundamental factors are proving to be too strong, and are setting the stage for the next leg up in the ongoing cryptocurrency bull trend instead. Here’s what rising stablecoin supply says in the face of diminishing BTC reserves on exchanges, and what it could mean for all of crypto. Fundamental Factors Have Fueled The Cryptocurrency’s Recent Rise To Stardom Cryptocurrencies, like…

This Bitcoin Mining Stock Is Too Cheap! Assymetric Risk:Reward For This Growth Stock!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CLSK is cheap compared to RIOT and MARA! They have some really important catalysts and I think they could pop! Get 4 free stocks with WeBull if you deposit $100, 2 worth up to $1600 each! Patreon: Here is the link to Patreon! You get access to a group Discord (like a chatroom) to talk over stocks with myself and others. I also show every buy/sell I make in real time! Join the top tier for exclusive live streams! Check out BlockFi…

Markets Pro delivers up to 1,497% ROI as quant-style crypto analysis arrives for every investor

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In the month since Cointelegraph Markets Pro launched, bringing professional crypto market intelligence to every investor, the platform has helped hundreds of early subscribers to better understand the opportunities and threats inherent in the world of crypto investing and trading. In this brief round-up we wanted to draw attention to some of highlights since the platform went live, including a critical look at a variety of back-tested strategies that the Markets Pro team has been tracking. Cointelegraph Markets Pro consists of two unique research features, in addition to a wide…

Why these analysts predict a Bitcoin’s price at $80,000?

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With Bitcoin’s price barely holding above its support level, indicators are turning more bullish. After this period of sideways movement, BTC could be poised for a big upside move soon. Glassnode co-founders Yann Allemann and Jan Happel have shared data from the firm that points to a high appreciation in BTC price. This is due to the expiration of $6 billion in options contracts set to mature this Friday. Allemann and Happel stated: Bitcoin price expectations for April are high with lots of investors placing their new bets on $80k.…

CEX.IO company blog | When can you start entering the cryptocurrency market?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CLICK NOW: Over the past day, the cost of bitcoin decreased by up to $ 46,300. Two days ago, bitcoin cost $ 52,600 – it was local maximum. As of March 5, the value of bitcoin fluctuates around the $ 48,476 mark. Yuri Mazur, Head of Data Analysis Departmentinternational crypto broker CEX.IO Broker, spoke about how investments in altcoins can attract investors and what will happen to bitcoin in the near future. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Ethereum derivatives lean bullish even as ETH price sits at a key support

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Ether (ETH) lost the $1,750 support on March 22, which marked a 7% loss and $230 million worth of futures contract liquidations. It has been holding near the strong support at $1,670, although investors are unwilling to open new long positions despite the price being 11% below the previous week’s high. Ether price on Coinbase, USD. Source: TradingView Binance Chain recently surpassed Ethereum’s transaction volume, and this startling growth in unique active wallets certainly played a part in tampering with investors’ optimism. The nonfungible token (NFT) frenzy has been driving…

JMP Securities Expects $1.5 Trillion to Flow Into Bitcoin as Retail Wealth Management Industry Follows Morgan Stanley to Offer BTC to Clients – Markets and Prices Bitcoin News

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JMP Securities has predicted that “$1.5 trillion of incremental capital” could flow into bitcoin, an amount greater than the cryptocurrency’s current market cap. The firm sees more wealth management companies following Morgan Stanley’s example to offer bitcoin to their clients. “Around $30 trillion of assets in the U.S. retail wealth management industry currently do not have direct access to bitcoin,” he said. $1.5 Trillion Could Flow Into Bitcoin, Analyst Says San Francisco-based financial services firm with offices nationwide JMP Securities said last week that Morgan Stanley‘s move to offer wealthy…

Coinbase handled trades and custody for Meitu’s $90M crypto investment

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Crypto exchange Coinbase’s institutional custody platform helped execute the purchase and custodying of roughly $90 million of Bitcoin and Ether for Chinese tech company Meitu. In a blog from Coinbase today, the United States-based crypto exchange said Meitu used its services to execute up to $90 million worth of crypto transactions “across multiple marketplaces with minimal market impact.” This month, the tech firm purchased 379 Bitcoin (BTC) for roughly $17.9 million and 15,000 Ether (ETH) for $22.1 million, followed by 386.08 BTC for $21.6 million and 16,000 ETH for $28.4…

VCs bet big on layer-two as StarkWare raises a staggering $75 million

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As Ethereum gas fees soar and the demand for scalability reaches fever pitch, layer-two scaling solution has announced today a $75 million Series B funding round led by Paradigm, Three Arrows, Alameda Research, Pantera Capital, and Sequoia, among others.  The team announced the raise in a Tweet: Announcing our $75M Series B, led by @paradigm, with new investors (Three Arrows & @AlamedaResearch), and old ones too (@PanteraCapital, @sequoia, @foundersfund, @DCVC, @Wing_VC). — StarkWare (@StarkWareLtd) March 24, 2021 StarkWare, which previously raised $30 million in 2018, offers zero-knowledge rollup technology allowing…