Grubhub, an American online food delivery platform, has come up with an exciting new way to engage its users. The company has partnered with Bitcoin rewards company Lolli to allow its users to earn Bitcoin (BTC) on every order. Integrating crypto into a simple routine activity – like ordering food online, is yet another effort […]
Following Jack Dorsey’s resignation announcement on Monday, two days later Dorsey’s payments company, Square Inc., disclosed that it was rebranding and changing its name to Block Inc. The company said the name Block has “many associated meanings” including the term “blockchain.” Square Changes Name to ‘Block’ — Square Crypto Rebrands to ‘Spiral’ On Wednesday, Square […]
Bitcoin Price Prediction – December 2 The Bitcoin price indicates bearish momentum as further upside got rejected and bullish momentum seems to be lost. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $62,000, $64,000, $66,000 Support Levels: $52,000, $50,000, $48,000 BTCUSD – Daily Chart At the time of writing, BTC/USD is hovering at […]
Hut 8 mined 256 bitcoin in November. The Canadian miner has deposited all the BTC it scooped last month into custody, maintaining its “hodl” strategy. Hut 8 now holds 5,242 bitcoin in reserve. Canadian bitcoin mining company Hut 8 deposited all of its 256 bitcoin mined in November into custody, the company said in a […]
On Thursday, Fidelity Canada officially launched the Fidelity Advantage Bitcoin exchange-traded fund (ETF) and the Fidelity Advantage Bitcoin ETF Fund (mutual fund), marking the first such assets to be made available in the country and confirming earlier reports on the matter. The funds have the tickers FBTC and FBTC.U, denominated in Canadian and United States dollars, […]
Customers of the largest supermarket chain in Croatia will be able to pay with cryptocurrency for their orders in the retailer’s online shop. The company plans to soon offer the crypto payment option also at its physical stores throughout the country. Konzum Allows Shoppers in Croatia to Pay With 9 Cryptocurrencies Croatia’s supermarket chain with […]
Bitcoin (BTC) is in a tight battle between bulls and bears and the network is now reacting, data shows. Trackers reveal that this week, Bitcoin difficulty snapped an 18-week green streak to post its first decrease since July. Difficulty adjusts to 20% BTC price dip Amid cyclical short-term price action, concern remains that Bitcoin is […]
Source: Adobe/hbrhSouth Korea’s securities exchange operator, the Korea Exchange (KRX), is “studying” ways to “embrace cryptoassets,” its Chairman has stated. According to Chosun and Seoul Shinmun, the KRX chief Sohn Byung-du told attendees at a financial conference that “it is time to explore how we can embrace cryptoassets.” Sohn added: “The cryptoasset market is no different […]
Source: AdobeStock/FellowNekoThe aggregated open interest (OI) across exchanges in the ethereum (ETH) options market reached a record high on Wednesday of USD 7.76b, suggesting that more sophisticated traders are positioning themselves for major moves in the second largest cryptocurrency. The USD 7.76b figure was recorded by crypto derivatives tracking site Coinglass as the highest ever, […]
Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital currencies like bitcoin as a potential hedge. Cryptocurrencies Outperform Traditional Currencies and Stocks in Russia Alternative investments like crypto, real estate, and antiques constitute more […]
Bitcoin (BTC) was on repeat Dec. 2 as markets watched another attack on $60,000 end in defeat. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Nothing has changed” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD back at $57,000 Thursday, having come full circle in 24 hours. The pair had briefly hit $59,000 into the […]
There has been no shortage of people and institutions that woefully underestimated the potential of cryptocurrency. Among the ranks of once-were Bitcoin naysayers is Wired, which destroyed the private key to a Bitcoin (BTC) wallet holding 13.34623579 BTC back in 2013 in order to make the point the cryptocurrency was nothing more than an “abstraction”. […]
BTC/USD Declines as Bitcoin Slumps to $55k – November 30, 2021 BTC/USD is now confirmed to be in a range-bound move as Bitcoin slumps to $55K . Bitcoin fluctuates between $56,200 and $59,000 price levels. The range-bound move has caused buyers to retest the $59,000 resistance level on five occasions. The rejection was caused by […]
Another one bites the dust. David Marcus stepped down as the head of Novi, Meta/ Facebook’s fintech division. The company’s first order of business was to create a cryptocurrency, but regulators around the world were not keen on the idea. After a few missteps and name changes, they finally released a wallet called Novi to […]
Data shows Bitcoin open interest has remained high despite the dramatic sell-off that occurred a few days back due to fud from the new COVID variant. Bitcoin Open Interest Remains High Following The Sell-Off As per the latest weekly report from Arcane Research, the BTC open interest hasn’t fallen much in the past few days. […]
Bitcoin Price Prediction – December 1 The Bitcoin price rebounds from the daily low of $56,700 as the buying interest may increase the bullish movement towards $60,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $64,000, $66,000, $68,000 Support Levels: $53,000, $51,000, $49,000 BTCUSD – Daily Chart BTC/USD may continue to range-bound if […]
Griid, an Ohio-based Bitcoin self-mining company, is the latest Bitcoin miner to list on the New York Stock Exchange (NYSE). It would go public by merging with Adit EdTech Acquisition Corp at a $3.3 billion enterprise valuation. Adit EdTech, a Special Purpose Acquisition Company (SPAC), announced the merger in a filing with the United States […]
Source: iStock/vmIt’s December 1, and our monthly coin race this time shows that November has been a mixed bag for the crypto market. Compared to October, last month saw far worse performance for the overall market, with both bitcoin (BTC), smart contract platform tokens like polkadot (DOT) and cardano (ADA), and the two largest meme […]
BTC/USD Is in a Sideways Trend as Bitcoin Fluctuates Above $56k- November 30, 2021 Bitcoin’s (BTC) price has retraced from the $59,000 resistance to the $56,000 support as Bitcoin fluctuates above $56K. BTC/USD fluctuates between $56,000 and $58,000 price levels. In the lower time frame, long candlesticks wicks are pointing to the $59,000 resistance zone. […]
