The amount of money locked in the bitcoin futures contracts on the global derivatives giant Chicago Mercantile Exchange (CME) surged to record highs on Friday as the U.S. Securities and Exchange Commission (SEC) greenlighted futures-based exchange-traded funds (ETF) tied to the cryptocurrency. Source
The New York State Governor Kathy Hochul has been asked by a group of local businesses to deny permits for converting the city’s old fossil-fuel power plants into crypto mining centers. The request comes in the form of a letter cosigned by a number of organizations, businesses and labor groups. The letter calls for an environmental assessment for Proof-of-Work cryptocurrency mining in NYS while urging Governor Hochul to deny permits to convert the Greenidge Generating Station and the Fortistar North Tonawanda power plants into crypto mining facilities: “Proof-of-Work cryptocurrency mining…
Bitcoin (BTC) simply refuses to die this week as a dip below $60,000 barely lasts an hour and bears are burned yet again. After a fairly calm weekend, Sunday saw a typical drawdown before a dramatic resurgence took place for BTC/USD just an hour later. With that, Bitcoin has preserved not only its bullish trajectory but has also sealed its highest weekly close ever — around $61,500. As the market braces for a possible start of trading for the United States’ first Bitcoin exchange-traded funds (ETFs), volatility is all but…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 👏 THUMBS UP & SUBSCRIBE! THANK YOU! 👏 ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 🔥Bitcoin Trading Exchanges (Bonus for Trading): 🔷 Bybit: 🔶 Phemex: ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 👉Follow me on TWITTER: 👉 Telegram Group (Private Trading Discord Above) – 👉Intro Credit: ⏰ Contents of this video: 00:00 Intro 1:00 Bitcoin Technical Analysis TODAY Ethereum Technical Analysis Chainlink Technical Analysis ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Disclaimer – Do NOT trade based on what you see in this analysis. CryptoNewton is not a financial advisor. The content in this video, on this channel and the…
Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars of cryptocurrencies each month since January. However, according to some analysts from the central bank, this number has the potential to reach double its worth this year. Brazilians Purchase Millions Worth of Cryptocurrencies Every Month The Central Bank of Brazil released a report that shows Brazilians have purchased more than $4 billion…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Do check out my courses here: What exactly is a bitcoin? Why is there so much hype about it? Is it really worth its value today? Is it completely anonymous? What exactly is a bitcoin ? Firstly, it’s a digital currency, which means that its all virtual , it isn’t available like hard cash. The most striking feature of bitcoin is that there are no middle men involved in any of the transactions. Whenever we buy or sell anything online, there is…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ark Invest on Tesla’s bitcoin move, implications for bitcoin price & more. 💲2 Free Stocks on WeBull: (USA). 💲1 Free Stock on Stake: (Australia, UK & NZ).👕 TSLA + BTC to the moon merch (LIMITED EDITION): 👕 Merch 🚀 SUPPORT THE CHANNEL ON PATREON ◆ Patreon BECOME A MEMBER OF THE CHANNEL ◆ Join CHANNEL MERCH ◆ Merch store AFFILIATES ◆ Get 2 Free Stocks (one of them up to $1600) on WeBull: ◆ Get 1 Free Stock on Stake: (Australia, United…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io According to a report by Reuters, the Pakistani government will launch a pilot program to build Bitcoin and other cryptocurrencies mining farms. Power by two hydroelectric sources and based on the province of Khyber Pakhtunkhwa, the national program seeks to obtain revenues from the current rally in the crypto market. The advisor to the provincial government on science and technology, Zia Ullah Bangash said:Pakistan will also review its policies towards cryptocurrencies. As of now, the country’s legal and regulatory framework for this…
Recent metrics from a variety of analytical web portals show that the quantity of bitcoin whales has been shrinking in recent times. The data indicates that the leading crypto asset has been distributed quite a bit since the price run-up started. Pods of Bitcoin Whales Shrink — Addresses With Small Quantities of Bitcoin Catch the Downward Distribution Cycle Today, data shows that bitcoin whales are shrinking and metrics from bitinfocharts.com’s top 100 richest bitcoin addresses list compared to a whale count article Bitcoin.com News published on May 14, show things…
Institutional investment giant Grayscale is reportedly considering converting its Bitcoin Trust into a physically settled exchange-traded fund (ETF). On Oct. 17, Barry Silbert, the CEO of Grayscale’s parent company Digital Currency Group, hinted that Grayscale is making plans to convert its Bitcoin Trust into a spot-settled Bitcoin fund. After having taken to Twitter to criticize the cash-settled Bitcoin futures ETF recently approved by the U.S. Securities and Exchange Commission (SEC), Bitcoin commentator Preston Pysh chimed in to ask Silbert when Grayscale’s Bitcoin Trust would be converted into a BTC-settled ETF.…