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Bitcoin (BTC) Records 6% Hike and Trades Above $66000
8.11.2021
Bitcoin, the world’s largest cryptocurrency, has broken the range. Now it is consolidating again above $65,000. It is now on the verge of crossing its all-time high of $66,000. The price chart is bullish while buying interest increases. All the followers of Bitcoin are extremely greedy to get...
Bitcoin and Ethereum Eye Additional Gains, DOGE Accelerates
8.11.2021
Bitcoin price remained stable above the USD 64,000 pivot level. BTC cleared the USD 65,500 resistance and it might rise further above USD 66,000. It is currently (11:55 UTC) showing positive signs and it might remain supported above USD 64,000.
Besides, most major altcoins are also rising....
NYC Mayor-Elect Doubles Down on his Bitcoin Plans
8.11.2021
Fresh from his election win, New York City’s mayor-elect Eric Adams is doubling down on his crypto-related plans, announcing plans to have the city’s schools teach students about the technology that underpins bitcoin (BTC) and other cryptocurrencies.
“When I talked about blockchain and bitcoins...
Solana Ventures, FTX, and Lightspeed Launch $100 Million Blockchain Gaming Fund
8.11.2021
Solana Ventures, the investment arm of the Solana blockchain, FTX, and Lightspeed, a venture capital firm, have announced the launch of a joint web3 gaming initiative. The fund will have $100 million at its disposal to invest in gaming projects using blockchain-based systems in the Solana network....
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