“The launch of Micro Ether futures underscores the significant growth and liquidity we have seen in our cryptocurrency futures and options,” Tim McCourt, CME Group’s global head of equity index and alternative investment products, said in an email. Source
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Cardano (ADA) follows the general trend in the crypto market and recorded moderate losses in the past weeks. As of press time, ADA trades at $1,30 with 5.1% and 18.1% losses in the daily and weekly charts respectively. ADA trends to the downside in the 4-hour chart. Source: ADAUSDT Tradingview Cardano has been moving heavily to the downside in the past months due to rumors of potential regulatory dangers following an alleged de-listing from crypto exchange e-Toro. The rumors were denied by IOHK’s CEO Charles Hoskinson, but the market seems…
Bitcoin (BTC) may spend “months” ranging between recent $42,000 lows and $53,000 and cause panic in the process, popular analysts warned on Dec. 6. Discussing the BTC price outlook on Twitter, Scott Melker, known as the Wolf of All Streets, said that ranging behavior could last well into 2022. Bitcoin price bottoms could sink still deeper After failing to reclaim even $50,000 after last week’s crash, BTC/USD is spawning bearish sentiment this week. As sentiment sits deep within in the “extreme fear” zone, Melker joined those steering clear of the…
Decentralized finance (DeFi) startup Earnity has raised $15 million in a Series A round led by bitcoin mining company BitNile, bringing its total raised to $20 million. Earnity expects to launch its curated financial marketplace for tokens early next year. Source
Ethereum’s native token Ether (ETH) looks poised to extend its selloff this week as it wobbles near a key support level of $4,000. ETH price dropped by over 5.50% on Dec. 6 to an intraday low at $3,913. In doing so, it slipped through upward sloping support that constituted an Ascending Channel that — more or less — appears like a Bear Flag, a bearish continuation setup. ETH/USD daily price chart featuring Bear Flag setup. Source: TradingView Conservative traders typically spot Bear Flags when an instrument consolidates higher inside a…
Imagine coming up with a song idea and the idea is loved by everyone so much you get backing via a crypto token. And you raise so many of these crypto tokens, your favorite artist then decides to sing it. Sounds crazy? It’s possible — as of today. Yes, via the popular social music app Geojam you can do just that. It works like this: Geojam is an Apple iOS social streaming platform, backed by artists like Mariah Carey and 24kGoldn. It lets users have “interactive experiences” with their favourite…
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El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy costs more than oil, and thinks El Salvador’s millennial president Nayib Bukele’s decision is questionable. Salvadoran ecologist Ricardo Navarro Questions His Country’s Volcano-Powered Bitcoin City Venture During the second week of June, El Salvador’s president Nayib Bukele told the public that the Latin American country planned to mine bitcoin (BTC) with energy stemming from volcanoes located in the country. At the end of September, Bukele…
press release PRESS RELEASE. Bitcoin of America has been named a silver winner in the Company of the Year – Midwest category in Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, their customer support makes them the best in the industry. Bitcoin of…