Category: Bitcoin

First Mover: Biden’s $1.9T Plan Shows ‘Blue Wave’ Bitcoiners Saw Coming

January 15, 2021

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The Federal Reserve might need to print money to help finance Biden’s coronavirus relief proposal, to keep Treasury bond interest rates from climbing. Federal Reserve Chair Jerome Powell, speaking Thursday in a virtual chat hosted by the Princeton University Bendheim Center for Finance. (Bloomberg News) Jan 15, 2021 at 2:35 p.m. UTCUpdated Jan 15, 2021 […]

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Cointelegraph Consulting: Institutions keep the Bitcoin bull market on track

January 15, 2021

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Volatility and funding rates surge, but large BTC holders continue to accumulate. 12389 Total views 21 Total shares As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the previous 30 days alone. This was slightly […]

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Biden’s $1.9T Relief Package Proposal Fails to Stir Bitcoin Market

January 15, 2021

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The U.S. dollar’s rise on the news maybe be playing spoilsport to the bitcoin bulls. Jan 15, 2021 at 12:10 p.m. UTCUpdated Jan 15, 2021 at 2:13 p.m. UTC Biden’s $1.9T Relief Package Proposal Fails to Stir Bitcoin Market Bitcoin’s two-day rally has stalled as the U.S. dollar gains ground in the wake of Joe […]

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Bitcoin briefly loses its spot as top cryptocurrency — Wait, what?

January 14, 2021

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Bitcoin’s twin took over the number-one spot on CoinMarketCap. 2696 Total views 6 Total shares Bitcoin’s market capitalization was briefly flippened today as Wrapped Bitcoin suddenly gained quadrillions of dollars in value. But crypto aficionados and maximalists need not worry: The move was a glitch on CoinMarketCap, which briefly displayed Wrapped Bitcoin (WBTC) as worth […]

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Stacks mainnet launch brings smart contracts and DeFi to Bitcoin

January 14, 2021

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Stacks, formerly Blockstack — an open-source network for building decentralized applications — has an ambitious vision to bring smart contracts and decentralized finance to the Bitcoin (BTC) network.  On Thursday, the developer community celebrated the launch of Stacks 2.0, a bridging toolkit that allows developers to build on Bitcoin. Stacks 2.0 is described as a […]

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First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the Crosshairs

January 14, 2021

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Bitcoin’s powerful move over the past couple of months to more than $700 billion in market value is suddenly commanding more attention from global financial regulators.  Jan 14, 2021 at 2:05 p.m. UTCUpdated Jan 14, 2021 at 2:32 p.m. UTC First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the Crosshairs Bitcoin (BTC) was […]

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Ledger Adds Bitcoin Bounty and New Data Security After Hack

January 13, 2021

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Ledger was also targeted by hackers in Shopify’s data breach. Ledger wallet(Ledger) Jan 13, 2021 at 3:00 p.m. UTCUpdated Jan 13, 2021 at 4:15 p.m. UTC Ledger Adds Bitcoin Bounty and New Data Security After Hack Matt Johnson, Ledger’s new Chief Information Security Officer (CISO), had no choice but to hit the ground not just […]

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First Mover: Don’t Like $34K Bitcoin? Stellar, Litecoin Yet to Conquer Old Highs

January 13, 2021

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Though bitcoin’s rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as “altcoins” whose prices have yet to clear all-time highs from years past.  This one or that one? Retail cryptocurrency buyers are reportedly on the hunt for alternatives to bitcoin. (Creative Commons, modified […]

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Another $1 billion wipeout: Why is Bitcoin seeing extreme price moves?

January 13, 2021

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Nearly $1 billion worth of Bitcoin (BTC) futures contracts were liquidated on Jan. 13, a day after the big shakeout. The continuous loop of liquidations is causing extreme volatility and large price swings in the cryptocurrency market. Total Bitcoin liquidations. Source: Bybt.com What are futures liquidations, and why are so many Bitcoin positions being liquidated? […]

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Analysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right Now

January 13, 2021

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Some are now forecasting an extension of Monday’s 20% price drop as more bitcoin moves onto exchanges and institutional demand cools. Bitcoin prices over the last 24 hours(CoinDesk 20) Jan 13, 2021 at 12:13 p.m. UTCUpdated Jan 13, 2021 at 12:35 p.m. UTC Analysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right Now The near-term […]

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