Bitcoin price aims for $69K as 'hot' US macro data pressures dollar
Bitcoin chews through overhead resistance on the back of U.S. GDP and jobless claims data, with risk assets benefiting across the board.
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Cryptocurrency Loans Company Genesis Processes $550 Million in First Six Months
Institutional cryptocurrency over-the-counter (OTC) broker Genesis Global Trading revealed its loans spin-off processed over half a billion dollars in its first six months in a new report Thursday, Oct. 18.Genesis, which began its digital asset lending activities in March, revealed its current order book consists of $130 million in outstanding loans, a figure which has…
Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
The United States equities markets have been under a firm bear grip for a large part of the year. The S&P 500 and the Nasdaq Composite have declined for three quarters in a row, a first since 2009. There was no respite in selling in September and the Dow Jones Industrial Average is on track…
Vitalik Buterin says ‘more still needs to be done’ over high Ethereum txn fees
"Good user experience is not about the average case, it is about the worst case," wrote the Ethereum co-founder. 86 Total views 3 Total shares Own this piece of history Collect this article as an NFTIn a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve…
Bitcoin trades sideways while TON, RNDR, PEPE and AR flash bullish signs
Bitcoin price looks stuck in the near term, but TON, RNDR, PEPE and AR could surprise traders by making a strong upside move.
Early Bitcoiner got into the space due to his lack of Blackjack skills
Bitcoin losses hurt more as the price goes up. Joel Birch, co-founder of automated crypto investment platform Stacked, detailed his initial dive into Bitcoin (BTC) as a way of gambling on the internet. "I bought my first Bitcoin because I was playing Blackjack online," Birch told Cointelegraph in an interview. "Bitcoin was about $250 a piece,…
Bakkt launches payments app as institutions compete for crypto assets
Bakkt believes its new crypto payments app will unlock more than $1 trillion worth of digital assets for commerce. Major financial institutions are expanding their cryptocurrency services, with Bakkt launching its digital asset payments application for the general public.Bakkt was launched by Intercontinental Exchange in 2018, with the firm offering Bitcoin futures contracts to accredited…
Gone in 31 seconds: Yield Guild Games’ IDO raises $12.5M from just 32 participants
The $12.6 million initial DEX offering of play-to-earn collective, Yield Guild Games, sold out in just 31 seconds to just 32 participants. 684 Total views 173 Total shares Yield Guild Games (YGG), a collective of play-to-earn gamers, completed its initial DEX offering via SushiSwap’s Miso platform in under a minute earlier today.The offering saw YGG…
Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery
The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards. 83 Total views 20 Total shares The difficulty in mining a block of Bitcoin (BTC) was reduced further by 5% to 27.693 trillion as network difficulty maintains its three-month-long downward streak ever…