Day: March 24, 2022

SEC could approve spot Bitcoin ETFs as early as 2023 — Bloomberg analysts

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Eric Balchunas and James Seyffart, exchange-traded fund analysts for Bloomberg, said that a proposed rule change with the United States Securities and Exchange Commission could be the catalyst for the regulatory body approving a spot Bitcoin ETF in mid-2023. In a Thursday tweet, Balchunas said crypto platforms could fall under the SEC’s regulatory framework if the commission were to approve an amendment to change the definition of “exchange” proposed in January. The rule change would amend the Exchange Act to include platforms “that make available for trading any type of…

David Beckham Tapped by DigitalBits Blockchain to Be Global Ambassador

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Bitcoin mining with a $1000 Budget in Late 2021 – Does it work at all?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello, friends! Let’s talk about bitcoin mining with a $1000 budget in late 2021 – does this still work at all, or are bitcoin asic miners too expensive right now to even make sense? We have looked at bitcoin mining with $100 before, so let’s talk about some asic miners that are a bit more expensive but might still make sense. Let’s look at the Antminer S7, S9, and S9i. #BTC #BitcoinMiningOctober2021 #bitcoinMining This video reflects my opinion only; numbers and data…

Bitcoin hits $44K, but traders want to see a few daily closes here before a move higher

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Morale across the cryptocurrency ecosystem is rising on March 24 as several days of positive moves have helped lift Bitcoin (BTC) back above $44,000 and Ether bulls took control at $3,100.  The climbing price of BTC comes amid a backdrop of surging inflation and rising interest rates, which could see up to seven hikes over the course of 2022, according to Minneapolis Federal Reserve President Neel Kashkari. BTC/USDT 1-day chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView shows that after trading near $43,000 throughout the morning session on…

CELED by Stephen Vineburg as a symbol of NFT art revolution

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Stephen Vineburg, an artist from the UK, launched his NFT artwork CELED as both a unique NFT and digital phone-based AR filter, that brought 3D life to a still image. CELED is an amalgam of elements of ‘Liberty Leading the People’ by Eugene Delacroix from 1830 and ‘The Wreck of the Medusa’ by Theodore Gericault from 1818. The main idea of the art piece is an observation on extant affairs, where despite all the chaos and distress that is being experienced by society, our leaders are perhaps more focused on…

Onchain Data Shows Terra’s Luna Foundation Continues to Stack Bitcoin – Bitcoin News

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This week there’s been a lot of talk about Terra’s Luna Foundation purchasing bitcoin to hold in its reserves pool. Onchain data shows the organization’s wallet has transferred at least three tranches of tether worth $125 million each. Furthermore, reports show that the Luna Foundation has confirmed the recent bitcoin purchases. Onchain Data Indicates Terra’s Luna Foundation Has Sent 3 Tranches of Tether to Purchase Bitcoin, Foundation Confirms Bitcoin Address Two days ago, Bitcoin.com News reported on Terra’s founder Do Kwon discussing how he looks forward to building with bitcoin.…

ADA Surges 12% With Best Performance In Top 10, Will It Tackle $2?

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ADA seems unstoppable with a 37% rally in the last week. The seventh crypto by market cap is the best performing asset on that ranking and could continue to reclaim previous highs. Related Reading | Cardano Completes Network Upgrade, ADA Reacts To The Upside At the time of writing, ADA’s price trades at $1.16 with a 12% profit in the last 24-hours. ADA’s price on a rally on the 4-hour chart. Source: ADAUSDT Tradingview The current seems to be fueled by leading crypto exchange Coinbase announcement to included Cardano to…