Bitcoin “may be primed” for a quantum leap in its development thanks to inflation this year, a Bloomberg analyst has claimed. In a tweet on March 17, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, released a fresh bullish take on Bitcoin’s (BTC) future under the current macro conditions. Gold beating Bitcoin is “unlikely” this year Well known for his belief in Bitcoin coming from the latest global financial turmoil out on top, McGlone argued that inflation would ultimately help Bitcoin’s “maturation” as an asset class, claiming it would even…
Day: March 17, 2022
IQ Labs CEO Tom Tirman on Unlocking Utility for NTFs With Collateral-Less Renting Framework – Interview Bitcoin News
IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk. IQ Protocol was created by the team behind the successful blockchain monitoring and automation platform, PARSIQ. Tom Tirman is the CEO and Founder of PARSIQ and IQ Labs. He recently joined the Bitcoin.com News Podcast to talk about the technology they are developing. In our conversation…
Nansen Adds Terra for On-Chain Analytics as Home of LUNA Grows as DeFi Hub
It becomes the sixth blockchain to be supported by the popular data platform. Source
URGENT! 🚨Bitcoin CRASHING!🚨 Don’t Do ANYTHING Until You Watch THIS VIDEO
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today we take a look at the price of Bitcoin crashing. I explain my thoughts on why a reversal could be coming for crypto. But first, why is Bitcoin crashing? I’ll discuss the OpenSea hack and the latest crypto news that could be fueling the BTC price crash. Stay up to date with the latest in crypto today! Learn more about crypto ➡️ How to join Cardano (ADA) BitPool ➡️ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Connect with Me & the BitSquad! Join the BitSquad ➡️ Join…
ETH up to 2-Week High Following Fed Rate Hike – Market Updates Bitcoin News
Ethereum climbed to a two-week high on Thursday, as markets continued to react to yesterday’s Fed decision. As expected, the Federal Reserve increased interest rates by 0.25%, whilst providing forward guidance for future hikes. BTC was once again trading above $40,000. Bitcoin BTC was trading above $40,000 for a second consecutive session, as bullish pressure remained within the world’s largest cryptocurrency. This momentum comes as traders were somewhat relieved by the Fed’s decision to lift rates, which helped remove some recent market tension. As of writing, BTC/USD is 1.4% higher…
ApeCoin announcement surges BAYC floor price to near-ATH before correction
The Bored Ape Yacht Club (BAYC) has officially revealed their ERC-20 utility and governance token ApeCoin (APE), marking a diversification from profile-picture projects (PFPs) into “culture, gaming and commerce” within the Web3 sphere. The asset has been developed and launched by the ApeCoin decentralized autonomous organization (DAO), a distinguished entity from Yuga Labs, who have established a six-month tenured council committee comprising of Alexis Ohanian, Amy Wu, Maaria Bajwa, Yat Siu and Dean Steinbeck, to oversee the DAO development. ApeCoin’s official Twitter account stated Thursday that the members of the…
8 Congress Members Ask SEC for Details on Crypto Company Investigations
The letter’s other signees were Darren Soto (D-Florida), Tom Emmer (R-Minnesota), Warren Davidson, (R-Ohio), Jake Auchincloss, (D- Mass.), Byron Donalds (D-Florida), Josh Gottheimer (D-New Jersey), Ted Budd (R-North Carolina), Ritchie Torress (D-New York). Apart from Donalds, all are members of the Congressional Blockchain Caucus. Source
How are Companies Avoiding the Environmental Impact of the Cryptocurrency Ecosystem?
The metaverse is the next major technological framework, luring online game developers, social networks, and other technology professionals to an approximately $800 billion market potential. It is creating a merger between the physical and digital domains in the next development of the internet and social networks utilising real-time 3D elements. In fact, metaverse technologies are already being used in a variety of ways, including technical skill training, communication skill development, and cooperation. In fact, during the epidemic, Accenture workers gathered and were onboarded in their virtual workplace. And, PwC employees…
Here’s how you can be tipped off to the week’s winners before they post strong gains
The mixed crypto market that took hold starting late last year does not offer as many profit opportunities as the blooming altcoin season that came before it. There are way fewer winners than in bull times, and the thorough research needed to single them out can become a full-time job. Luckily, there are ways to outsource some of this effort. The history of digital assets’ price action doesn’t hold keys to their future, but it can offer numerous valuable cues. Complex patterns of trading and social sentiment metrics that power…
First Mover Americas: Bitcoin Stays Above $40,000 While Ether Bounces on Testnet Success
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind. Source