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Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’
7.1.2021
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting...
Bitcoin and Altcoins Holding Uptrend Support
5.1.2021
Bitcoin price is holding gains above the USD 30,000 and USD 30,500 support levels. To start a fresh increase, BTC must gain momentum above the USD 32,500 resistance. It is currently (13:00 UTC) trading well above USD 31,200.
Similarly, most major altcoins are trading above important uptrend...
‘Noxious Poison’ – Bitcoin’s Market Cap Surpasses Warren Buffet’s Berkshire Hathaway Valuation
2.1.2021
For many years, the business tycoon Warren Buffet has condemned bitcoin as an investment telling people that the crypto asset is nothing but gambling. Two years ago, just before a Berkshire Hathaway 2018 annual shareholder meeting, Buffet said bitcoin is “probably rat poison squared.”...
Number of Addresses Holding ETH Reaches a New All-Time High at the End of 2020
1.1.2021
A new milestone has been reached in the crypto sphere, as the number of addresses holding Ethereum hit an all-time high of over 51.4 million before the end of a turbulent 2020 year. Number of Addresses Holding ETH Hits a New All-Time High Per figures of data site Glassnode, there are now 51,491,730...
Number of People Holding Lots of Bitcoin Surges in Rare ‘Whale-Spawning Season’
31.12.2020
The number of bitcoin whales rose to a new record high on Wednesday
Blockchain Projects Detoken and Anyhedge Launch Bringing Defi to Bitcoin Cash
30.12.2020
On December 30, the decentralized finance (defi) platform Detoken and the firm General Protocols announced the launch of Anyhedge, the first public defi product built on the Bitcoin Cash network. Detoken users will be able to hedge or long their bitcoin cash and earn a funding premium while holding...
Bitcoin Addresses Holding $1 Million Goes ‘Parabolic,’ 10% of BTC Supply Sits Idle for 10 Years
18.12.2020
While bitcoin trades above the $20k handle, onchain data shows that the number of bitcoin addresses holding at least $1 million has climbed substantially increasing by more than 150%. Moreover, Glassnode’s statistics indicate that roughly 1.85 million bitcoin hasn’t moved in over...
SM Digital Holding and Wallex Prove That Bulgaria Is the Next Leading Hub for Fintech Companies
18.12.2020
Many fintech startups and established companies are now looking for a new home across Europe due to Brexit. Bulgaria is shaping up to be the top destination for many of them, including crypto, blockchain and licensed electronic money institutions, as proven by leading firms such as SM Digital...
Bitcoin and Altcoins Holding Gains, Litecoin Shines
18.12.2020
After a strong upward move, bitcoin price set a new all-time high near USD 23,700. Recently, BTC corrected lower and traded below the USD 23,000 level. The price is currently (05:00 UTC) consolidating gains and it could rise once again towards USD 23,500.
Similarly, most major altcoins corrected...
Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020
11.12.2020
Bitcoin’s price dipped below $18,000 for the third straight day while an increase in active Ethereum addresses is fundamentally positive
Canadian Crypto Company Increases Its Bitcoin Treasury Holdings to $3.6 Million
10.12.2020
BIGG Digital Assets, a Canadian crypto company, revealed this week that it bought 40 additional bitcoins for long-term treasury holding. The purchase increased BIGG’s reserves to 189.5 bitcoins valued at US$3.63 million in total. The Canadian Securities Exchange-listed firm spent about CAD$1...
Microstrategy Buys More Bitcoin, Now Holding BTC Worth Over $780 Million in Treasury
5.12.2020
Nasdaq-listed billion-dollar company Microstrategy has made its third large bitcoin purchase. The company now holds about 40,824 bitcoins, worth over $780 million at the current price. Microstrategy’s Third Bitcoin Buy Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoins. CEO Michael...
Jack Ma’s Ant Group, Three Other Digital Banks Get OK to Operate in Singapore
4.12.2020
The approved digital banks will be able to start operating from Singapore in early 2022
First AMM Layer2 DEX ZKSwap Announces Testnet Incentive Program with 1 Million ZKS Tokens Rewards
3.12.2020
PRESS RELEASE. ZKSwap developed by L2Lab is the first layer2 dex based on ZK-Rollups technology and using the AMM model. The team has recently closed a $1.7 million Angel Round led by Bixin, followed by Longling Capital, SNZ Holding, FBG Capital, Jubi, and Consensus Lab. After launching on...
Bitcoin and Altcoins Holding Key Breakdown Supports
2.12.2020
Yesterday, there was a sharp bearish reaction in bitcoin price from the USD 19,900 zone. BTC declined over USD 1,500 and it settled below USD 18,800. The price is currently (05:00 UTC) trading near USD 18,500, below which there is a risk of more downsides.
Similarly, there was a sharp decline...
No, You Can’t Buy Shares in Bitcoin
29.11.2020
With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO). Many early adopters of bitcoin became multi-millionaires by simply holding the digital asset. New Scam Tactic Consequently, many bitcoin investment scams have...
A Look at ‘Individual X’ and the Seized Stash of Silk Road Bitcoins Worth $1 Billion
9.11.2020
On November 3, 2020, the cryptocurrency community noticed that one of the largest addresses holding 69,369 bitcoins from the Silk Road were transferred. Following the onchain movement, the U.S. government revealed it had seized the coins from a person they dubbed “Individual X.”...
Crypto Startup Avanti Receives License To Operate as National Bank in Wyoming
30.10.2020
Crypto startup Avanti Financial Group has been granted a license to offer banking services by the Wyoming State Banking Board. The license, or bank charter, means Avanti can now operate as a conventional bank – but one with a twist, capable of holding both crypto and dollars. It plans...
Bitcoin and Altcoins Correcting Gains But Holding Key Supports
26.10.2020
Recently, there was an upside extension in bitcoin price above the USD 13,200 level. BTC traded to a new multi-week high near USD 13,350 before it started a downside correction. The price remained well supported above USD 12,750 and it is currently (05:00 UTC) trading above USD 13,000.
Similarly...
‘Garbage’ Market Data Is Holding Bitcoin Back: MicroStrategy CEO
20.10.2020
Saylor said the bitcoin market needs high quality data in an interview Tuesday