Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range

Crypto markets have hit the ground running right from the start of November and today a near uncountable number of tokens have rallied to swing highs as Ether (ETH) broke above the $4,500 level and Bitcoin recaptured the $64,000 level. Polkadot (DOT) also hit another all-time high as investors accumulate tokens leading into the upcoming parachain auctions. The climbing price of Ether comes following the recent Altair update to the Ethereum beacon chain as part of the protocol’s transition to Eth2 and a proof-of-stake mechanism which has also seen more…

Miami mayor plans to accept first paycheck entirely in Bitcoin

Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take his next paycheck in Bitcoin. In a Tuesday Twitter post, Suarez said he aimed to be the first United States lawmaker at the state or federal level to accept part of his salary in Bitcoin (BTC). Public records show the Miami mayor’s salary was $97,000 annually between 2016 and 2017, meaning he would receive a monthly paycheck of more than $8,000 or 0.13 BTC at a price of $63,404, assuming residents did…

Bitcoin Tăng MẠNH, Thị Trường Có Đang FOMO? | MarginATM

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Tham gia channel Telegram để cập nhật tin tức và kiến thức mới nhất • Telegram: TIMESTAMPS: 00:00​ Mở đầu 00:45 Google Trend Bitcoin & Altcoin 04:20 Tâm lý đám đông 06:20 Data Onchain 12:15 PTKT Bitcoin 16:15 Thị phần BTC 17:55 Thị phần USDT 18:40 SHIB 21:00 SUSHI 23:55 CTSI ================================================= ❇️ Đăng ký tài khoản ủng hộ đội ngũ MarginATM: • Binance: • FTX: • Bingbon: ================================================= ❇️ Kết nối với đội ngũ MarginATM để tương tác thêm ở: •…

What You Need To Know About Biden’s Stablecoin Report

This episode is sponsored by NYDIG. Download this episode The President’s Working Group on Financial Markets has finally released its much-anticipated report on Stablecoins. In this episode, NLW breaks down: The PWG’s three major concerns surrounding stablecoins The significance of its recommendation that Congress legislate stablecoins The reactions of the crypto community, stablecoin issuers and interested politicians See also: The US Treasury’s Stablecoin Report Would Treat Issuers Like Banks, but Doesn’t Address How “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research…

Celsius Acquiring Israeli Cybersecurity Company GK8 for $115M

Cryptocurrency lender Celsius Network is acquiring Israeli cybersecurity company GK8, the company announced Monday. GK8 was founded by Lior Lamesh and Shahar Shamai, who have worked as cybersecurity experts at the office of the Prime Minister of Israel. Celsius and GK8 will now provide an enterprise-grade custody platform for banks and financial institutions offering digital asset services protection from cyber attacks. GK8 serves banks, financial institutions, crypto exchanges or platforms, central bank digital currency (CBDC) projects, family offices and hedge funds. In September, Celsius Network received a cease-and-desist order from…

Bitcoin SOPR Suggests Current Market Activity Resembles Early Bull Run Behavior

Despite Bitcoin reaching new highs, the BTC SOPR data may suggest current market activity resembles that of an early bull run. Bitcoin SOPR Shows Profit Taking Is Mild Despite New ATH As per the latest weekly report from Glassnode, the BTC SOPR shows that the current profit taking behavior of the market is mild, even though the crypto just reached new highs. The Spent Output Profit Ratio (or the SOPR in short) is a Bitcoin indicator that highlights whether holders as a whole are currently selling at a profit or…

NFT collection’s price takes a nosedive as creator’s racist cartoons circulate

The Jungle Freaks NFT collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley, and is curated by his son George III Trosley. Many participants from the NFT sale expressed their dismay after Trosley’s offensive illustrations came to light. Even Lord of the Rings actor Elijah Wood, who has recently taken a public interest in collecting various NFTs, responded saying: “I was made aware…

Carbon Offsets Are a Distraction for Crypto

BitMEX took a somewhat heterodox approach to measuring bitcoin’s carbon footprint, deciding to put a kilowatt figure on transaction volume. (Many industry activists have said you cannot compare Bitcoin, a base layer monetary network, to Visa, a payments rail, when it comes to transactions and energy use; Visa, by transaction count, has a far less intensive energy draw.) Source