Continuing trend of raising cryptocurrency prices challenges the traditional economy by outgrowing some largest players in size. Bitcoin sets an ATH price record The Bitcoin price surged to $19,692.34 today, and is currently traded past $20,000 mark on some markets. This long-awaited breakthrough sets a new ATH record, beating theContinue Reading
Despite recent news about possible legislations for cryptocurrency trade in the United States, and the confiscation of more than $4.2 billion worth of crypto by Chinese police, the positive market trend returns with new power. The initial reaction of the market to recent news results in a massive sell-out, whichContinue Reading
New concerns about regulations of the raising crypto economy in the United States drive the market in reds, as the Trump Administration releases propositions to regulate Crypto, and prevent access to biggest Cryptocurrency Exchanges from the US. What proposed as an Anti Money laundering laws, aims to change the fundamentalContinue Reading
Why the Bitcoin is falling Today this question sparks minds of many Crypto traders and Bitcoin holders. In less a time span of less than 6 hours, it’s lost over $2000 value, crashing from $19,000 towards $17,000. One of the key factors at play is the new crypto economy ColdContinue Reading
ETHEREUM 2.0 STAKING Ethereum 2.0 Staking is nearing launch readiness with over 253,664Â ETH staked so far, and 270624Â ETHÂ still need to be raised to reach the launch threshold. Watching the progress of the Ethereum 2.0 staking in the last few days seemed like a still picture — just 2 days agoContinue Reading
A Large Amount of 320 Million Tether USDT was minted today at the Tether treasury.Continue Reading
Today, November 17th the Bitcoin/USD market experienced a surge in Bitcoin price jumping from $16300 to $17800 in 24 hours This marks an ATH flat price increase in 24 hours, setting a FOMO trend on the Bitcoin market In recent days, the Cryptocurrency traders and investors heard a stream ofContinue Reading
November 2020 is definitely exciting time for Bitcoin. Being traded at the $4850 mark in May 2020, it is currently breaking through the $16000 per Bitcoin barrier and setting new records in wallets holding 1 BTC or more and the number of active wallets overall. The new record for BitcoinContinue Reading
By now the victory of President Biden on the USA’s presidential elections is obvious. What possible effect will this have on crypto market? Let’s try to figure out.Continue Reading
The Bitcoin $BTC price is currently trading past $15500, which is the highest level since January 2018. This is one of the driving factor why Bitcoin Mining is getting more and more profitable today. Bitcoin miners revenue hit a record $20.8 mil on November 4th. This is the highest numberContinue Reading
Galaxy Digital founder Mike Novogratz has spoken to CNBC’s Squawk Box on November 4, saying positive things about BTC as Bitcoin was roaring in the $13,800 area. The ex-partner at Goldman Sachs and founder of Galaxy Digital assumed that the Rubicon in Bitcoin adoption has been crossed as major financialContinue Reading
Bitcoin has undergone a strong rally since Monday’s lows of $13,200. The leading cryptocurrency currently trades for $13,900, up 3.2% in the past 24 hours. Bitcoin is trading slightly below its daily highs of $14,100, which it breached earlier today when the U.S. Dollar dropped rapidly. One historically accurate traderContinue Reading
PayPal (https://www.paypal.com/)’s CEO remarked about the payments company’s newly-unveiled crypto offering during its Q3 earnings call on Monday and highlighted how the firm intends to add more digital currencies in the future 💱 Highlighting PayPal’s work with regulators on the digital currency front, PayPal CEO Daniel Schulman (https://www.linkedin.com/in/dan-schulman) noted: “ThisContinue Reading
The price of Bitcoin has fallen 3% affected by the regulatory crisis in HK crypto businesses Leo Weese, the co-founder of the Bitcoin Association of Hong Kong have stated the following: Opinion Earlier this year china have stripped the city state of Hong-Kong of their independence in market and businessContinue Reading
In early 2021 PayPal promises to deliver a new system that allows purchase and storing of crypto actives using PayPal account balance.
In this article we will try to figure out the consequences of this decision for crypto economy.Continue Reading