Tag: Cointelegraph

The Purpose Bitcoin ETF, which launched in February, has now accumulated 19,692.149 BTC as of June 13, according to Bybt data. The flagship cryptocurrency has been languishing below $40,000 for the past month, with each attempt to reclaim that level being firmly rejected. Some believe we are still on track to break triple-digit levels this […]

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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The government is going to be releasing an official crypto wallet for consumers to use, but they can rely on private providers if they prefer. One executive at the Bank for International Settlements has called El Salvador’s […]

Bitcoin’s succession of sharp corrections from its all-time high at $64,900 has turned investor sentiment negative, at least for the short-term. For new traders, the name death cross itself brings a lot of negativity and a feeling of impending doom. Due to this, buying dries up and investors holding positions rush to the exit due […]

The $288,000 price tag refers to an average value called for by the Stock-to-Flow Cross-Asset iteration, while a previous version requires a more modest $100,000 average. …Read the full story

It’s one thing for a hacker to attack your home computer, but it’s another when a hacker tries to attack tens of thousands of computers around the world at the same time. Those who extract oil from the ground must sell it at a cost greater than the cost of extraction, those who produce electricity […]

To carry out this verification and to be able to mine the cryptocurrency, computers would need to solve complex mathematical calculations. Even more importantly, energy demand exploded with the new machines — which needed energy mainly for processing and cooling. After eight years, the energy demand for mining Bitcoin has grown — and today has […]

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Despite a number of altcoins outperforming Bitcoin this year, she doesn’t think Bitcoin is anywhere near losing its leading position in the crypto market. …Read the full story

While 2020 seems to have rejected the potential negative impact of CME expiries, so far, the current year appears to validate the theory. The past 13 months have been nothing short of spectacular for Bitcoin, as the cryptocurrency posted 788% gains. As depicted above, indeed, Bitcoin rallied after five out of the last six instances. […]

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for MATIC on May 12, prior to the recent price rise. Others, such as Dogecoin , delivered mild losses in line with the general trend. …Read the full story

However, exchange inflows — often a sign that whales and other investors are selling BTC — hit 30,000 coins last week as well, though experts say the price managed to withstand the pressure well. Analysis last month showed that whales and sellers have continued to offload BTC, despite failing to make profit on their trades. […]

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In response to the news, Bitcoin shed 15% in less than three hours, plummeting from nearly $55,000 to $46,600. “However, we’ve seen Bitcoin receive all sorts of bad press throughout the years, such as governments banning its usage. Blockstream co-founder, Adam Back, stated: “Buying the Doge-tweeter dip. …Read the full story

Another thing to consider is that Tesla’s market capitalization is $633 billion, and it has yet to post a quarterly net income above $500 million. The list above shows the top-12 and bottom-12 most volatile stocks to show how Tesla’s price swings are far off the average of other $200 billion market cap companies. If […]

When the famous Satoshi Nakamoto first designed his masterpiece, few could possibly have imagined the almost $63,500 peak that sent investors into a frenzy. Ray Dalio raised fair points in his critique of Bitcoin, arguing that uncertainties regarding how governments will react to digital assets supplanting fiat currency in utilization are causes for potential concern […]

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. Ether delivered a stunning surge that took its price above $3,000 for the very first time, breaking new records throughout the week. EOS rallied by more than 100% this week following a recent protocol that increases the […]

Founded in 1975 by famous investor Ray Dalio, Bridgewater Associates operates as a mainstream powerhouse investment management entity. “Every day, more industries come to understand Bitcoin’s potential and more clients seek ways to safely access it,” he added. …Read the full story

“Definitely,” Joanna Wasick, a partner at law firm BakerHostetler, told Cointelegraph, adding: “More people are owning cryptocurrencies, and more companies are accepting them — sometimes even at an incentive over fiat. This past week, eBay was reported to be exploring crypto payment options, including NFT auctions, while PayPal was said to be discussing the development […]