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Bitcoin’s Major Upgrade Taproot Set for Activation This Week
8.11.2021
The much-anticipated Bitcoin (BTC) upgrade, Taproot, is expected to finally be activated this week.
Per taproot.watch, the upgrade will activate in 872 blocks from the time of writing, or in estimated 6 days.
Taproot is a major event and a major upgrade - the largest one since SegWit, which...
Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring
8.11.2021
The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back...
'Resistance is futile' — 5 things to watch in Bitcoin this week
8.11.2021
A surprise surge greets BTC hodlers at the start of the new week with $65,000 suddenly returning overnight
Crypto markets tag $3T combined market cap for first time
8.11.2021
Cryptocurrency’s combined market cap has tagged $3 trillion for the first time as top altcoins push into all-time highs
LBank: DafriBank Aims for Making DBA Africa’s Number 1 Cryptocurrency
8.11.2021
PRESS RELEASE. Since blockchain technology and crypto have become the power of the next industrial revolution in recent years, Africa has been making concerted efforts to ensure inclusion in the conversation. As a multipurpose African bank with over 200,000 customers around the world, DafriBank...
Leading NFT Marketplace Opensea Surpasses $10 Billion in All-Time Sales
8.11.2021
This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT. Opensea Cracks $10 Billion...
JPMorgan Doubles Down on Bitcoin Price Prediction of $146K
8.11.2021
Global investment bank JPMorgan has doubled down on its bitcoin price prediction of $146K. The bank’s analyst explained that the price of the cryptocurrency could reach that level if its volatility subsides and institutional investors start investing in bitcoin more than gold in their...
Bitcoin Jumps Above USD 65K, Ethereum Gains Momentum, XRP Rallies
8.11.2021
Bitcoin price formed a base above the USD 62,500 level. BTC started a fresh increase above the USD 64,000 and USD 65,000 resistance levels. It is currently (04:37 UTC) consolidating gains and it could extend its rally above USD 65,500.
Besides, most major altcoins are also gaining momentum....
Elon Musk Lets Twitter Poll Decide if He Should Sell $20 Billion in Tesla Stock — Investors Suggest Buy Bitcoin
8.11.2021
Tesla and Spacex CEO Elon Musk has asked his Twitter followers whether he should sell his Tesla stock. He has also promised to abide by the results of the poll. Many people urge Musk to sell his Tesla shares and put money into cryptocurrency, particularly bitcoin. Elon Musk Asks Twitter Followers...
How cautiously bullish Bitcoin traders use options to maintain BTC exposure
8.11.2021
Here’s how traders use the risk reversal options strategy to maintain “safe” exposure to Bitcoin’s price action
Billionaire Stan Druckenmiller Warns Crypto, Meme Stocks, Bonds Are in a Bubble: ‘This Bubble Is in Everything’
8.11.2021
Billionaire investor Stan Druckenmiller has warned that everything is in a bubble, mentioning cryptocurrency, meme stocks, equities, and bonds in particular. “This bubble is in everything, every asset on the planet,” Druckenmiller stressed. Druckenmiller’s Warning: Every Asset...
Onecoin’s $18.2M London Penthouse: Trial in Germany Reveals ‘Cryptoqueen’ Ruja Ignatova’s Lavish Lifestyle
7.11.2021
The Onecoin Ponzi scheme is still making headlines as reports from a trial in Germany revealed the missing ‘Cryptoqueen,’ Ruja Ignatova, purchased a London penthouse worth $18.2 million with proceeds from the Onecoin operation. The Münster court’s findings stem from...
Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, AVAX, EGLD
7.11.2021
Even as Bitcoin consolidates, DOT, LUNA, AVAX and EGLD may continue their upward journey
While the Value Locked in Defi Soars, Dozens of Dapps Leverage Cross-Chain Support
7.11.2021
Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative...
Jack in the Box Sues Crypto Exchange FTX for ‘Brazenly and Illegally’ Copying Mascot
7.11.2021
Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details that FTX’s refusal to stop using Moon Man has caused...
Bitcoin hodler Elon Musk should sell $23B of Tesla stock, Twitter survey concludes
7.11.2021
With just hours to go, the results of a survey Musk says he will "abide by" demand that he sell 10% of his TSLA holdings
Bitcoin consolidates right below Fib level that triggered 2013 all-time highs
7.11.2021
Technical data contrasts with sideways price action as analyst warns not to sell BTC at $62,000
Congress Passes $1.2 Trillion Infrastructure Bill — Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I
7.11.2021
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after...
Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says
7.11.2021
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this...
Bitcoin soft fork days away as Taproot upgrade closes in
7.11.2021
The Taproot upgrade was set for deployment after achieving a 90% consensus among the Bitcoin miners (mining nodes)