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“#Coinbase to create its first NYC office” Coinbase, the San Francisco-based trading platform for bitcoin and other digital currencies, is setting up its first New York office, Realty Check has learned. The much-in-the-news startup, with a market valuation of $85.7 billion based on outstanding shares, went public via a highly anticipated direct listing in April…
“# Top 5 cryptocurrencies to watch this week: BTC, AAVE, KSM, ALGO, TFUEL ” Bitcoin’s (BTC) price continues to be range-bound between $30,000 and $40,000 level for the past few days, which is not necessarily a bearish sign. Generally, after a sharp fall, the price tends to consolidate as the asset transfers from weaker hands…
“# Elon Musks lays out when Tesla will begin accepting Bitcoin payments ” Tesla CEO Elon Musk says his electric-vehicle company will start accepting Bitcoin (BTC) payments once there’s confirmation that miners are utilizing clean energy, offering a glimmer of hope that the FUD surrounding digital assets could soon subside. Musk responded to a Cointelegraph…
“# How the NFT market leveraged blockchain tech for explosive growth ” It’s fun to talk about nonfungible tokens, or NFTs, because they are the perfect example of how the impact of blockchain technology in people’s lives goes way beyond the financial market. As we could see in hundreds of headlines in the past few…
“# Crypto is the next step toward a cashless society ” From QR code payments to mobile banking apps, consumers worldwide are increasingly reliant on digital payment solutions, especially as mobile technology becomes more ubiquitous. Government-led efforts in driving cashless economies have been a key factor, with countries such as Singapore or the Philippines seeing…
“# Bitcoin price could hit $85K in months as indicators flip bullish — report ” Bitcoin (BTC) is still below a key moving average and that is “not a bullish sign,” says a new report, but signs of a rebound have finally arrived. In its latest market update released on June 11, trading suite Decentrader…
“# DeFi will bring global revolution to the traditional finance space ” Decentralized finance came to life with the inception of Ethereum in 2013. However, it truly hit the ground running in 2016–2017 with the backing of Ethereum developers and some entrepreneurs and experts in the financial investment sphere. To get our facts right and…
“# Here’s how Bitcoin’s impending death cross could be a contrarian buy signal ” Bitcoin’s (BTC) succession of sharp corrections from its all-time high at $64,900 has turned investor sentiment negative, at least for the short-term. While some analysts believe the bottom may have been hit, others are warning of a further fall due to…
“# GME and AMC stock surge may impact crypto meme coins, BTC not so much? ” This year, stocks like the movie theater chain AMC Entertainment and video game retailer GameStop (GME) have been the vehicle for individual retail traders to show their dissent against the so-called “free market.” Starting in late January and driven…
“# $288K BTC price ‘still in play’ says PlanB as Bloomberg champions Bitcoin halving ” Bitcoin (BTC) can still hit an average price of $288,000 in the next three years, confident analyst PlanB has said after BTC/USD shed 7% on June 12. In a tweet on Saturday, the creator of the popular stock-to-flow Bitcoin price…