Bitcoin plays shorters for fools as a surge to $30,950 liquidates a huge number of risky positions.
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Month: January 2021
Bitcoin price hits $30,000 milestone for the first time ever
Just two weeks after tackling $20,000, Bitcoin passes the $30,000 mark on the second day of 2021.
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Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts of the Bitcoin (BTC) protocol is the fact that the system […]
The post Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation appeared first on Bitcoin News.
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We need to bring community and sustainability back to the heart of Ethereum
We must leave behind the “cash grab” behaviors associated with DeFi in 2020 and work toward creating long-term sustainable projects.
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Pro Football Star Receives Half of His $13 Million Salary in Bitcoin
Carolina Panthers offensive lineman Russell Okung said he has been paid in bitcoin after asking to be paid in the cryptocurrency for almost two years. The Panthers is reportedly diverting half of his $13 million salary to the Strike wallet, which converts the payment into bitcoin for Okung. Russell Okung ‘Paid in Bitcoin’ Pro football […]
The post Pro Football Star Receives Half of His $13 Million Salary in Bitcoin appeared first on Bitcoin News.
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Celebs and crypto in 2020: Blockchain cities, Bitcoin newbies and Twitter trolling
2020 saw a number of celebrities make waves in the crypto space, from crypto-powered cities and SEC lawsuits to Bitcoin newcomers.
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9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race
On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contenders” and listed off Facebook’s diem, tether, bitcoin cash, and Circle’s popular stablecoin. This week Mike Novogratz asked his Twitter followers out […]
The post 9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race appeared first on Bitcoin News.
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‘Noxious Poison’ – Bitcoin’s Market Cap Surpasses Warren Buffet’s Berkshire Hathaway Valuation
For many years, the business tycoon Warren Buffet has condemned bitcoin as an investment telling people that the crypto asset is nothing but gambling. Two years ago, just before a Berkshire Hathaway 2018 annual shareholder meeting, Buffet said bitcoin is “probably rat poison squared.” Despite the investor’s criticism, the crypto asset’s market capitalization has surpassed […]
The post ‘Noxious Poison’ – Bitcoin’s Market Cap Surpasses Warren Buffet’s Berkshire Hathaway Valuation appeared first on Bitcoin News.
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FinCEN to Impose New Regulation for Crypto Holdings at Foreign Exchanges
The Financial Crimes Enforcement Network (FinCEN) has announced that it will soon propose new regulation affecting cryptocurrency holdings at foreign exchanges. This proposal is separate from the one FinCEN recently proposed on cryptocurrency wallets. FinCEN’s New Crypto Rules FinCEN, a bureau of the U.S. Department of the Treasury, issued a notice on Thursday regarding a […]
The post FinCEN to Impose New Regulation for Crypto Holdings at Foreign Exchanges appeared first on Bitcoin News.
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Crypto derivatives gained steam in 2020, but 2021 may see true growth
Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day.
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