Price analysis 10/25: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI

Bitcoin and several altcoins are attempting to resume their uptrend, but higher levels are likely to witness strong resistance from the bears. Bitcoin (BTC) has recovered from the dip below $60,000, indicating strong buying at lower levels. CryptoQuant CEO Ki Young Ju said that investors used market orders to buy $840 million worth of Bitcoin futures on dips to $60,000. This suggests that analysts are positive for the rest of the year and anticipate the bull run to continue. Analyst TechDev believes that Bitcoin’s price action in 2021 is following…

How To Manage a Portfolio – Featuring Aja Kalu | Currency & Cryptocurrency Market Outlook

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What comes to your mind when the word PORTFOLIO is mentioned? Well, whatever your answer might be, let’s hear from professionals. In this episode, the host, Dr. Adoms Uju Francis alongside Mr. Aja Kalu, a financial planner in the United States discussed the importance of portfolio management. Seun Abilawon highlighted some of the recent happenings in the Currency market, while Akwason Victor gave us some insight into the cryptocurrency market showing movements with Bitcoin, Binance, and Ripple. CONTENT: 0:00 – Intro 1:01…

The Sioux Energy Center has mined 20 Bitcoin in secret since April

Electric services provider the Ameren Corporation announced Monday that it has successfully mined upwards of 20 Bitcoin using excess energy generated by one of its coal-based power plants — the Sioux Energy Center in West Alton, Missouri. While the company set up the data center used to mine the coins back in April, it did not publicly announce the addition until today. Its half-megawatt mining facility taps into the Sioux Energy Energy Center’s 972 MW generation capacity to complete the necessary proof-of-work based mining activities. Ameren’s goals in launching the…

The Sioux Energy Center has mined 20 Bitcoin in secret since April

Electric services provider the Ameren Corporation announced Monday that it has successfully mined upwards of 20 Bitcoin using excess energy generated by one of its coal-based power plants — the Sioux Energy Center in West Alton, Missouri. While the company set up the data center used to mine the coins back in April, it did not publicly announce the addition until today. Its half-megawatt mining facility taps into the Sioux Energy Energy Center’s 972 MW generation capacity to complete the necessary proof-of-work based mining activities. Ameren’s goals in launching the…

NFTs and the Patronage Model

Announcing their purchase of the record last week, members of PleasrDAO said they saw the concept as being in line with the values behind non-fungible tokens (NFTs), the blockchain-based collectibles that have become PleasrDAO’s bread and butter over the past year. NFTs are a form of cryptocurrency attached to media files – JPEG files are endlessly reproducible, thanks to the copy-paste function, but the crypto component can give them an element of scarcity. There’s only one of each token, and because transaction records are available publicly on the blockchain, imposter…

DCG’s $1B Pledge and an SEC Filing Kindle Fresh Speculation on ‘Grayscale Discount’

Digital Currency Group, a crypto-industry holding company, came out in defense of its subsidiary Grayscale’s Grayscale Bitcoin Trust (GBTC) last week, when the fund’s shares traded on Monday at a 20.53% discount to its underlying bitcoin holdings – the steepest in five months. One perspective is that Digital Currency Group’s pledge to buy as much as $1 billion of GBTC shares might represented savvy, opportunistic timing. Another is that the parent company’s announcement was needed as a demonstration of support for the $39.45 billion GBTC, the world’s largest bitcoin fund.…

Matt Damon partners with Crypto.com around clean water project

Digital currency exchange Crypto.com has donated $1 million to water.org, a clean-water initiative co-founded by Matt Damon and Gary White in 2009. The direct donation will go towards supporting Water.org’s mission of ending the global water crisis by providing safe water and sanitation to people in need, the companies announced Monday. The partnership is also aimed at exposing water.org to Crypto.com’s more than 10 million users, who are also being encouraged to donate to the project. Matt Damon cited the ongoing financial transformation brought on by cryptocurrency as one of…

Crypto Weekly Market Update|Bitcoin and Cryptocurrency Market Trend|ETH ATH, Elon Musk, Dogecoin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Buy ETH with up to 50% discount!: Our Weekly Crypto Market Update is all about Bitcoin, crypto market trends and the latest updates from AAX. Every Monday watch our Weekly Crypto Market Update video. Stay up to date with the latest news, insightful crypto content. Make Your Trade Count, with AAX. #AAX​ is a cryptocurrency exchange where users can trade cryptocurrencies 24/7. Offering OTC, spot, and futures trading in one place. The future is crypto. The future is AAX. 🔹 Get 110…

Why Everyone Is Mad at Sam Altman’s Worldcoin

But it seems Sam Altman doesn’t read CoinDesk, because four months later the project is moving ahead basically unchanged. Altman’s effort to build the CIA’s wet dream will now be backed by $25 million from Andreessen Horowitz, Coinbase Ventures, and Digital Currency Group (Yes, that’s CoinDesk’s parent company: We don’t like everything the bosses do, and we write about it!). Somehow dropping that quarter in the piggy bank adds up to a $1 billion valuation for Worldcoin, a demonstration of just how absurd the VC shell game can get. CryptoX…