Month: May 2022

Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low

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After its third-largest weekly fall in over a year, the Bitcoin (BTC) price has finally began to rise. BTC’s price has effectively rebounded from the important support level of $37,500, despite an impending Federal Reserve rate hike. Bitcoin Poised For 10% Jump Various analysts, like The Wolf of All Streets, Michael van de Poppe, and PlanB, are bullish on the bullish trend, with the Bitcoin price currently holding above $39,000. In a tweet on May 4, on-chain data provider Santiment published historical data showing a 20% rally as a result…

Bitcoin Hashrate Soars To New All-Time High, Will Price Follow

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As Bitcoin jumped to $40k in the day following Federal Reserve’s raise hike by half a point, another number on the rise is its hash rate, which hit an all-time high of 221 EH/s. Bitcoin climbs 6% in the day and trades around $40k | Source: BTCUSD on TradingView.com Bitcoin, Hash Rate, And Price The Hash Rate is the Bitcoin network’s measuring unit of the computational power and speed used to carry on the mathematical operations that confirm and process transactions on the blockchain. For this reason, the Hash Rate…

‘It’s Hard Not to Want to Be Long Crypto’ – Featured Bitcoin News

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Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation. The famed investor emphasized, “It’s hard not to want to be long crypto.” Famed Hedge Fund Manager Paul Tudor Jones on Bitcoin, Crypto Billionaire investor and renowned hedge fund manager Paul Tudor Jones talked about bitcoin in an interview with CNBC Tuesday. Jones is the founder of asset management firm Tudor Investment Corp. “I see this generational divide and it’s a digital divide,” the billionaire said. “If…

Bitcoin : ces millionnaires qui ne toucheront jamais leur argent !

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ils sont devenus millionnaires grâce au bitcoin…mais ils ne sont que des millionnaires virtuels. A cause d’un malheureux oubli, ils ne verront jamais la couleur de cet argent. Les explications d’Emilie Chaussier, journaliste Ecorama. Ecorama du 15 janvier 2021, présenté par David Jacquot sur Boursorama.com ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Marathon Digital May Start to Sell Some of Its Bitcoins

The miner said on Wednesday, during its earnings results, that its cash on hand was $118.5 million as of March 31, while total liquidity, defined as cash on hand plus available revolving credit facilities, was $218.5 million. The miner plans to reach 23.3 exahashes per second (EH/s) in mining power by early 2023. At the close of Wednesday trading, Marathon’s stock fell about 1% to $17.76 per share. Source

How STACKD Finance Services Make DeFi Safer for Everyone – Sponsored Bitcoin News

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sponsored Decentralized Finance (DeFi) represents the financial, blockchain-based world of tomorrow. Future generations will leave the traditional financial system behind and use dApps, tokens, and other digital innovations for economic purposes. However, DeFi is still in its infant stage, leaving room for scams, money laundering, and other criminal activities. Without secure solutions and educational services, DeFi could become more of a risky venture than an enriching opportunity for individuals and businesses. Here is where STACKD Finance steps in, to help develop DeFi into a safer, more transparent, and sustainable economic…

Bitcoin Institutional Outflows Near One-Year Highs, More Downside Coming?

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With the price of bitcoin still trading below $40,000, institutional inflows into the digital asset have slowed significantly. This has now flowed into other digital assets in the space. But what is most significant is the outflow rate which has neared one-year lows. Bitcoin Outflows Grows For the past couple of weeks, the rate at which institutional investors have been pulling money out of bitcoin has been on an accelerated timeline. This is what has culminated in the outflows that were recorded for the digital asset last week. In the…

Last Mile Blockchain

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A video overview of the Blockchain Technology to Improve Food Security project from LASER PULSE. PI – Dr. Ralph Hall. More info at: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

World’s Largest Family-Owned Private Bank Now Offers Crypto Investments via SEBA Bank – Bitcoin News

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On Wednesday, the world’s largest family-owned banking institution, LGT Bank, announced that it has selected SEBA Bank in order to provide cryptocurrency custody and brokerage services to clients. LGT will start by offering investments in bitcoin and ethereum and the bank’s customers can incorporate the digital assets into their existing LGT Bank-managed portfolios. LGT Bank Adds Crypto Services by Partnering With the FINMA Licensed SEBA Bank The largest family-owned private banking and asset management firm LGT Group has revealed the parent company’s banking institution will now offer crypto investment opportunities.…

Louis Vuitton and Johnnie Walker dabble in Web3

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This week’s Nifty News sees the arrival of Louis Vuitton to the nonfungible token (NFT) gaming scene, Johnnie Walker’s entry into Web3 and Elon Musk’s apparent embrace of Bored Ape Yacht Club. Louis Vuitton makes its mark in the NFT gaming scene To commemorate Louis Vuitton’s bicentennial birthday in late 2021, the French luxury brand launched a NFT game called “Louis: The Game.” At the time of publication, the game has been dowloaded more than 2 million times on both Android and iOS devices. “Louis: The Game” follows its protagonist, Vivienne,…