A wave of selling took command of the cryptocurrency market on April 7 after Bitcoin (BTC) price dropped below $56,000. The market-wide sell-off led to $1.4 billion in liquidations and some analysts suggested that this could be the final sweep out of overleveraged long traders before Bitcoin can make a run higher to the $70,000 level. BTC/USDT daily chart. Source: TradingView One sign that the market had moved ahead of itself over the past week was the rapidly rising Kimchi premium, which was followed by a seven percent decline in BTC…
Day: April 8, 2021
JPMorgan Boss Says ‘Emerging Issues’ Like Cryptocurrencies ‘Need to Be Dealt With Quickly’ – Finance Bitcoin News
JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system” and there’s a list of items like digital currencies he’s named that needs to be “dealt with – and rather quickly.” Jamie Dimon’s Letter to JPMorgan Shareholders Says Banks Need to Focus on the Future Jamie Dimon has written a comprehensive letter to shareholders about the company’s accomplished goals and future…
क्यों चल रहा है DogeCoin Trending में | Why Elon Musk is Trending? | Dogecoin explained in Hindi
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Dogecoin : Doge Coin is trending these days, and all credit goes to Elon Musk and Reddit Users. Why and how these people making their mark on making stocks popular. Doge Coin, now, is one of the cryptocurrencies that most high-profile personalities talking about. Why it got so much attention, all of a sudden? Why the price of Dodge coin is spiking? From Elon Musk to Lol Yatchy, around the globe, everyone is tweeting about that. Do you know the reason behind…
How Bitcoin Dominance Bullish Engulfing Could Signal An End To Altcoin Season
Bitcoin price is diving currently, shaking up the crypto market as a whole. In addition to the correction in the top cryptocurrency by market cap, altcoins have taken an even more severe beating. With top alts like Ethereum and Litecoin are seeing an even further drop on BTC trading pairs, Bitcoin dominance has formed a bullish engulfing candle just as a key technical indicator reach overheated status. Here’s how that could put an abrupt end to the ongoing altcoin season. Bitcoin Price Drop Causes Altcoins To Flop Bitcoin is the…
China using Bitcoin as ‘financial weapon’ against United States: Peter Thiel
PayPal co-founder and venture capitalist, Peter Thiel, has warned that the Chinese central government may be supporting Bitcoin as a means to undermine the foreign and monetary policy of the United States. But, he added, it has tried to use the Euro the same way. Speaking at a virtual event hosted by conservative non-profit, the Richard Nixon Foundation, Thiel was commenting on whether China’s central bank-issued digital currency, or CBDC, could threaten the U.S. dollar’s status as a global reserve currency. While Thiel, who is known to be pro-Bitcoin, suggested…
Ripple CEO XRP Predicament? , Bitcoin Mining Hotseat & "Cool Your Jets"
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Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million – Mining Bitcoin News
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange agreement. 500.com Changes Name to Bit Mining Limited and Acquires Bee Computing for $100 Million On April 5, 2021, the company 500.com Limited (NYSE: WBAI) registered a statement with the U.S. Securities and Exchange Commission (SEC) in a Form 6-K filing. The Shenzhen-based firm detailed that it…
Spintires: MudRunner – KOMATSU Giant Mining Dump Truck Driving Through Road Collapse
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hi guys. If you enjoyed this video and would like to see more, please leave a like, share the video and write a comment below! Mod KOMATSU for Spintires: MudRunner Detailed description Large mining dump truck KOMATSU First and third person view Developer website – Website mods – More SpinTires & MudRunner & SnowRunner Mods Videos Playlist – Please follow us: Group of fans SpinTires: MudRunner & SnowRunner Mods facebook – Group of fans VK SpinTires & MudRunner & SnowRunner – Twitter…