Monthly Archives: November 2020

The market cap of USDT swelled by 1 billion over nine days. 529 Total views 7 Total shares The market cap of Tether (USDT), a U.S. dollar-pegged stablecoin, has surged in recent weeks, potentially helping to fuel the recent Bitcoin (BTC) rally that drove prices to near all-time highs. Paolo Ardoino, who serves as dual CTO…

Cryptocurrency adoption is slowly but surely making its way to the mainstream — a notion that has become more apparent as major retailers like PayPal announce support for digital currencies. As such, it shouldn’t come as a surprise that crypto holders may be keen to spend some of their digital currency this holiday season. According to…

Yusko claimed “Investors drive long term value, speculators drive current price.” 573 Total views 11 Total shares The motivation and time horizon for entering Bitcoin (BTC) will ultimately dictate whether investors succeed in this new asset class, according to crypto pioneer Mark Yusko.On Friday, the CEO of Morgan Creek Capital Management commented on the recent…

According to macro investor Raoul Pal, the latest Bitcoin rally is just the beginning of an institutional investor-led bull market. 121 Total views 4 Total shares Bitcoin may hit $150,000 by November 2021 according to Raoul Pal, founder and CEO at Global Macro Investor and Real Vision — And that would be the most conservative…

Since topping out at $19,484, Bitcoin price has struggled to reclaim the $17,000–$18,000 level. As the price continues to decline, traders are targeting key underlying support levels to determine where traders will buy if Bitcoin (BTC) price continues to fall. The immediate support levels based on whale clusters are $16,694, $16,411 and $16,064. Below the…

The course teaches citizens the basic concepts and ideals of cryptocurrencies. 1260 Total views 12 Total shares The Ukrainian Ministry of Digital Transformation released a web series to educate citizens about cryptocurrencies, blockchain, and Bitcoin (BTC).The show premiered on Wednesday and was developed in collaboration with Binance, Hacken, and Crystal Blockchain as part of the…

Bitcoin derivatives trading is on the rise as institutional investors flood the market. 2520 Total views 17 Total shares CME Group has become the world’s largest Bitcoin (BTC) futures market following a surge in open interest over the past month, industry data shows. In a Friday tweet, Arcane Research announced that CME had overtaken OKEx as…

Bitcoin’s (BTC) rise above $20,000 will have to wait as the price saw a strong correction which and turned away from reaching a new all-time high. Data suggests that whales decided to book profits when Bitcoin was close to $19,000 and this pulled the price lower. This fall could have resulted in the liquidation of…