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“# Telsa hints it may soon resume support for crypto payments ” Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments. In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), the firm stated it “may…
“# Binance CEO expects ‘very high volatility’ in crypto. Here’s how to trade it ” Volatility is a complex statistical measure commonly used by traders and investors. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. However, as shown in a recent comment by Binance…
“# Price analysis 10/25: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI ” Bitcoin (BTC) has recovered from the dip below $60,000, indicating strong buying at lower levels. CryptoQuant CEO Ki Young Ju said that investors used market orders to buy $840 million worth of Bitcoin futures on dips to $60,000. This suggests…
“# The Sioux Energy Center has mined 20 Bitcoin in secret since April ” Electric services provider Ameren Corporation announced Monday that it has successfully mined upward of 20 Bitcoin (BTC) using excess energy generated by one of its coal-based power plants — the Sioux Energy Center in West Alton, Missouri. While the company set…
“#Why Facebook whistleblower and her ‘crypto friends’ moved to Puerto Rico” When Facebook whistleblower Frances Haugen isn’t flying around the world urging lawmakers to regulate her ex-employer, she’s apparently living off little-taxed cryptocurrency profits in her new home of Puerto Rico. “For the foreseeable future, I’m fine, because I did buy crypto at the right…
“# Bitcoin charges toward $64K as Tesla ATH boosts Elon Musk to $250B net worth ” Bitcoin (BTC) price hurtled towards $64,000 in a fresh round of bullishness on Oct. 25 as the market left a weak weekend behind. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin daily gains near 7% Data from Cointelegraph Markets…
“# How to use stablecoins to earn a higher APY ” Many are quick to flock to stablecoins for their ability to de-risk cryptocurrency positions. A stablecoin can be pegged to any perceivably stable asset, for instance, a digital asset like Bitcoin (BTC) or a fiat currency like the US dollar. In theory, if a…
“# Bitcoin price action in 2021 so far mirrors 2017 — Will it continue? ” Bitcoin’s (BTC) recent rally has finally broken through to reach widely anticipated new all-time highs. With September being left behind and “Uptober” delivering on high hopes, many analysts are increasingly confident that the year will play out in the same…
“# Anyone who studies Bitcoin ends up investing in it, says Scaramucci ” Investors who carefully study Bitcoin (BTC) are eventually convinced to own a stake in the cryptocurrency, according to SkyBridge Capital CEO and founder Anthony Scaramucci. In a Monday interview with CNBC’s Capital Connection, Scaramucci — who also served a 10-day stint as…
“# Why now? SEC took eight years to authorize a Bitcoin ETF in the US ” Eight years in the making, the United States Securities and Exchange Commission’s (SEC) silent approval of a Bitcoin (BTC) exchange-traded fund (ETF) last week elicited a wave of exuberance in the crypto space and sent the price of the…