Bitcoin whales are not slowing down on their accumulation tour despite rising prices. Bitcoin has now hit $62K for the first time in five months and the market has rejoiced over this milestone. With more growth expected in the coming weeks, investors are making sure that they do not miss out on what the digital asset has to offer in terms of value. BTC is now the de facto internet store of value, so investors are FOMO-ing into the asset. This has translated to a higher price for BTC. However,…
Day: October 18, 2021
How blockchain technology can pave the way to a new future, explained
ArpaChain, a secure computation network compatible with blockchain, uses an MPC protocol that creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party’s data input private and secure. Earlier this year, Arpa joined the commission on Blockchain technologies and the crypto economy of Russia. The development team also engaged in a large-scale test for preserving privacy. ARPA’s team is currently focused on architecture design for Randcast. The project proposes a blockchain-based secure computation network of multi-party сomputation (MPC). ARPA cryptographically enables private smart…
NYAG directs 2 crypto firms to shut down, investigates 3 others
The New York Attorney General’s office has alleged two unnamed crypto lending platforms operating in the state have engaged in unlawful activities and ordered three others to provide information on their businesses. In a Monday announcement, the New York Attorney General’s office said it has ordered two crypto lending platforms — at the time of publication, the names were still redacted — to “cease any and all such activity” relating to selling or offering securities and commodities within ten days. Attorney General Letitia James also requested that three crypto businesses…
Crypto Funds Assets Under Management Reach All-Time High Ahead of US Bitcoin ETF Approval
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Argo Blockchain’s Texas Mining Facility Will Propel Shares Higher, Analysts Say
Furthermore, Canaccord’s Joseph Vafi said “after adding 600 petahash of new hydro-driven mining capacity in Quebec during Q2, all the pieces are coming together for the company to further, materially expand its hash rate capacity in 2022, leverating 200MW of cheap, Texas wind power and recently placed orders for new Bitcoin (BTC) miners.” His 12-month price target is $24 for the miner’s stock. Source link
Miner du Bitcoin en 2021, est-ce rentable et comment ?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Avec la montée incroyable du bitcoin fin 2020 début 2021, beaucoup de personnes s’intéressent de plus près au principe de miner du bitcoin. Dans cette vidéo, Antoine nous explique comment miner du bitcoin, et même des crypto monnaies en général ? Mais surtout, est-ce que ce procédé est rentable ? 🤔Accède maintenant au dernier atelier: ⬇️***********************************************⬇️ Les formations avancées, pour les investisseurs: – Investir en crypto (de façon automatique): – Investir en bourse grâce aux ETFs: – Se protéger de la prochaine…
This Ethereum price chart pattern suggests ETH can reach $6.5K in Q4
Ethereum’s native token Ether (ETH) has rallied by more than 415% this year to over $3,800, and two major bullish patterns developing on its charts highlight the scope for another upside move, ultimately toward the $6,200-$6,500 price range. ETH price eyes $4K resistance breakout The first decisive break above the psychological $4,000-mark, which serves as a resistance trendline to five-month-olds ascending triangle and a cup and handle pattern, could trigger a textbook price rally in the coming sessions. In detail, the $6,250-level appears as the profit target for the Ascending…
Institutional managers hold a record $72.3B of crypto — CoinShares
Institutional inflows into cryptocurrency products rose last week, as investment managers increased their exposure to Bitcoin (BTC) and leading altcoins, according to the latest CoinShares report. Total assets held by institutional managers reached $72.3 billion for the week ending Oct. 17, the highest level on record. By comparison, institutional crypto holdings were worth $57 billion in March and reached $71.6 billion in May. For the latest week, digital asset investment products saw inflows totaling $80 million. Bitcoin products attracted the largest investments at $70 million, marking the fifth consecutive week…
Brazilians Have Acquired $4B in Cryptocurrencies in 2021, Central Bank Says
According to the Brazilian monetary authority, May was the peak of cryptocurrencies’ acquisition, with $756 million in purchases. Since then the figures have dropped to $695 million in June and $583 million in July, but were still higher than in February and March, when $386 million and $357 million were acquired, respectively, Brazilian media outlet Portal do Bitcoin reported. Source
Best regulation is self-regulation, Oct. 11–18
Between fever-pitch anticipation over the impending approval of a Bitcoin exchange-traded fund, the Commodity Futures Trading Commission’s $42-million-plus settlement with Tether and Bitfinex, and Vladimir Putin brooding over cryptocurrency’s capacity to transfer value, this past week has been saturated with major policy news. While all the above are instances of state figures’ and institutions’ top-down actions and statements on digital assets, an arguably even more interesting tide has emerged on the side of the crypto industry itself. Two major players of the digital space, Coinbase and a16z (Andreessen Horowitz), came forward with…