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The $282 Million Awakenings: 120 Bitcoin Block Rewards from 2010 and 2011 Woke Up This Year
27.2.2021
On February 25, onchain analysts noticed two 2010 block rewards that were transferred after sitting dormant for over a decade. A lot of old blocks have been spent in 2021, and after the large strings of 2010 block rewards spent on January 3rd and 10th, another massive string of 20 block rewards...
Institutions and miners accumulating through Bitcoin chop; whales uncertain
27.2.2021
Bitcoin in, and Bitcoin out: major players are deploying different strategies as BTC consolidates well under $58,400 highs
Is Bitcoin at risk of another drop below $40K in a historically corrective March?
27.2.2021
Bitcoin is showing signs of weakness as February draws to a close
Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund Rivals
27.2.2021
Another firm is joining the bitcoin trust sector, as the California fund manager Arca has filed a registration with the U.S. Securities and Exchange Commission (SEC) for its Arca Accredited Investor Bitcoin Trust. The trust will compete with a number of competitors including Grayscale’s...
Grayscale's Bitcoin premium has dropped to record lows below zero
27.2.2021
Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inflows
BTC Downturn, ETH Scaling, Coinbase Listing and 20 Crypto Jokes
27.2.2021
Welcome! Let's do a short recap of what happened in the crypto week behind us. Coin Metrics said there's little reason to believe that Bitcoin miners are responsible for downturns in BTC’s price, Kraken’s CEO Jesse Powell said that “extreme” ethereum selling caused Monday’s flash crash to USD...
Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America
27.2.2021
In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According...
China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out
26.2.2021
A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain...
Price analysis 2/26: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM
26.2.2021
Bitcoin and most major altcoins remain rangebound with the exception of Cardano
Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens
26.2.2021
A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens. According to FD7 Ventures, this switch to the two altcoins will help the fund to better serve the interests...
Why is Bitcoin $86K in Nigeria? Here's why the BTC premium is huge in some countries
26.2.2021
Traders are accustomed to slight price differences between exchanges, but is a 70% gap sustainable?
Bitcoin price 'macro top'? Not so fast — data shows the real FOMO isn't even here
26.2.2021
If this bull cycle is like 2017 or even 2019, then the majority of investor "FOMO" and associated price gains lie ahead
Bitcoin price nears $44K as large Coinbase outflows fail to stop the sell-off
26.2.2021
It seems weak hands are not done selling, and data hints that institutions, as ever, are reaping the benefits
Philippine Crypto Exchange Demands Users Return Bitcoin Bought at $6,000 Following System Error
26.2.2021
Philippine crypto exchange Pdax recently suffered a costly technical failure – one that led to bitcoin trading at 300,000 Philippine pesos (around $6,000) – a discount of 88% to its current price. In the melee, some users managed to buy at these ridiculously low prices and quickly moved...
Spanish Real Estate Agency Offers an Apartment in Barcelona for Sale in Bitcoin- Taxes Must Be Paid in Fiat
26.2.2021
A Spanish real estate platform has listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin. Anyone Interested Can Pay 3.5 BTC for the Property Per an official announcement, Idealista is seeking...
Berkshire Hathaway’s Charlie Munger Advises Investors to Never Buy Bitcoin or Gold
26.2.2021
Berkshire Hathaway’s vice chairman and Warren Buffett’s long-time business partner, Charlie Munger, has advised investors not to buy bitcoin or gold. He believes the cryptocurrency is too volatile to serve well as a medium of exchange. Munger also says he doesn’t know which...
Giant Rakuten to Let Customers Charge E-Pay Accounts with BTC, ETH, BCH
26.2.2021
Rakuten CEO Hiroshi Mikitani. The Japanese e-commerce and business giant Rakuten has taken yet another significant step into the world of crypto – by linking its crypto platform with its e-pay operations.
In an official release, the firm announced that it would allow customers of its Rakuten Wallet...
Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly Stolen
25.2.2021
A number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums...
Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users
25.2.2021
According to a new study conducted by Crypto.com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million...
British art icon Damien Hirst to accept BTC, ETH payments for print run
25.2.2021
The artist is accepting payments in currencies that will last longer than a shark in formaldehyde