Day: April 13, 2021

Bitcoin Crypto Pullback | Market Update Technical Analysis

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DeFi mutual fund Sheesha Finance raises $9.4M

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Sheesha Finance, a DeFi mutual fund based in the United Arab Emirates, has raised $9.44 million over a two-week token sale — underscoring heightened investor demand for decentralized finance applications.  The token sale, known as a Liquidity Generation Event, or LGE, excluded private sales and early contribution bonuses, which allowed micro-investments of as little as 0.0001 Ethereum (ETH). In total, LGE contributors doled out 3,171.31 ETH, valued at $6.35 million, and 7,769.43 Binance Coin (BNB) worth $3.08 million. Investors who contributed to the LGE can claim their Liquidity Provision, or…

Bitcoin Funding Flips Bullish But Are Liquidations Imminent?

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Bitcoin’s price has reached a new ATH after a long period of consolidation. At the time of writing, BTC is trading at $63.235 with 5.1% profits in the past day and 7.7% in the 7-day chart. BTC on a bullish trajectory in the 24-hour chart. Source: BTCUSD Tradingview Before the rally, data from Santiment pointed to high levels of bearish sentiment across social media platforms. During the bullish price action, there was an ATH in address activity with 1.36 million when BTC touch $63.4000. Source: Santiment Now, the Fear &…

How to earn Free TRX Tron Coin earn money without investment crypto currency earning tamil

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How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles – Emerging Markets Bitcoin News

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Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos Narrowing Financial Exclusion Gap Therefore, in their effort to reduce the number of people that have no access to banking services, Satoshi Nakamoto created Bitcoin, a decentralized digital currency and network that is available to anyone. Now, more than ten years later, the…

North American crypto miners prepare to challenge China’s dominance – Cointelegraph Magazine

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Springtime is coming to the North American cryptocurrency mining industry. With access to robust capital markets, cheap power, a stable political climate and increasing participation of technological innovators, industrial-grade mining operations are burgeoning in the United States and Canada, providing competition to Chinese mining pools that now control more than half of the world’s hashing power. These new ventures are acutely aware of the need to minimize mining’s carbon footprint. In March, when Neptune Digital Assets and Link Global announced they would develop a new five-megawatt Bitcoin mining facility in…

Republican Kevin McCarthy says Fed chair needs more education on crypto

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Kevin McCarthy, the minority leader in the U.S. House of Representatives, hinted that both the current Secretary of the Treasury and chair of the Federal Reserve may need to reevaluate their positions on crypto. Speaking on CNBC’s Squawk Box this morning, host Joe Kernen asked the Republican lawmaker whether either Treasury Secretary Janet Yellen or Fed chair Jerome Powell had a “good understand of digital currencies or Bitcoin.” In regards to Bitcoin (BTC), McCarthy claimed both the officials had “tried to ignore it to make it go away” while urging…

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Analysts say Coinbase listing represents a ‘watershed’ moment for crypto

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Coinbase, the top cryptocurrency exchange in the United States will soon be a publicly listed company once its COIN stock launches on the Nasdaq stock exchange on April 14. Generally, the sentiment around the listing has been overwhelmingly positive from both the crypto and traditional financial markets. With the date fast approaching, analysts have been issuing a variety of perspectives related to how the listing could impact Bitcoin and altcoin prices. Coinbase rally, crypto top? As Cointelegraph previously reported, Coinbase is technically not conducting an initial public offering (IPO). Instead, the…