The UAE Securities and Commodities Authority (SCA) agreed with the Dubai World Trade Centre Authority (DWTCA). According to the terms of the agreement, the regulator will facilitate crypto asset trading within the DWTCA’s free zone. The DWTCA can now grant approvals and permits for crypto-related activities, according to Maryam Al Suwaidi, the interim chief executive …
Bitcoin was trading at 46,154.06 on Monday, down 3.72 percent. The virtual currency’s global market capitalization was $868.66 billion. In a new round of cryptocurrency good news, the Blockchain-based music streaming company Audius raised $5 million in a strategic game of fundraising from some of the music industry’s biggest names. Katy Perry, Nas, The Chainsmokers, …
With the recent bull run that saw the price of bitcoin above $50,000 once more, cryptocurrency forecasts are on the increase. Now, market expert Mike McGlone lays out the road for Bitcoin and Ethereum to reach new highs. It would see them both rise by at least 100% from their present levels. It is the …
Bitcoin has struggled to gain ground in the last month, with a brief foray above $50,000 proving fleeting even as one central bank predicted the price of bitcoin would soon double. The cost of bitcoin peaked at $52,000 per bitcoin early last week. However, later it dropped to less than $45,000 after a viral campaign …
While Bitcoin (BTC) struggles to stay above the 200-day simple moving average, ALGO, ATOM, XTZ, and EGLD continue to rise. Bitcoin (BTC) is in a bull-bear war near the 200-day simple moving average. It regards as a fundamental level by institutional investors attempting to determine whether the asset is bullish or bearish. In addition, crypto …
HIVE is pleased to report that our worldwide hash rate from Bitcoin mining has surpassed 1 EX/s today. In Canada, the Company has delivered 1,845 Bitcoin miners with a total hash rate of 172 Petahash per second in the last 24 hours. These miners will distribute among their two Canadian data centers. There will be …
As the cryptocurrency recovers, Bitcoin exceeded $50,000 on Sunday, a more than three-month high. According to CoinDesk data, the digital coin surpassed that level about 10:40 p.m. ET on Sunday. At 6:20 a.m. ET on Monday, it was trading at roughly $50,263. Bitcoin reached an all-time high of more than $64,000 in April but plummeted …
Since November 2020, centralized exchanges have witnessed their busiest week of Bitcoin withdrawals. Bitcoin outflows from centralized exchanges have reached a new record for the year, with around 40,000 BTC withdrawn in the last seven days. According to Glassnode’s The Week On-Chain analysis from August 2, Bitcoin outflows have risen to a rate greater than …
Bitcoin traders split on where the price of BTC will go now that it has failed to convert the $40,000 support level into resistance. The announcement earlier this week that Amazon would accept cryptocurrency payments created a surge of euphoric anticipation across the crypto market. However, as Bitcoin (BTC) bulls encounter heavy resistance at the …
Data reveal that Bitcoin (BTC) futures open interest mirrors the commencement of the BTC price bull run. On Thursday, as BTC/USD lingered over $40,000, Stack Funds issued a new bullish analysis. This in effect urged cautious optimism regarding additional price hikes. This week, Bitcoin has attempted to convert $40,000 to support, returning to the level …
After a solid start to the week, bitcoin and cryptocurrency values have fallen drastically. After Amazon dismissed allegations that it was planning to introduce bitcoin and cryptocurrency support, the bitcoin price has plunged more than 7%, sliding down to $36,000. The unexpected sell-off shook the larger cryptocurrency market, with ethereum, Binance’s BNB, Cardano, XRP, and …
Bitcoin climbed above $39,000 on Sunday evening, the highest level since mid-June, as investors reacted positively to a recent sell-off. According to CoinDesk data, the cryptocurrency was trading at roughly $38,059.84 at 11:05 p.m. ET, up nearly 11% from the same time the day before. Bitcoin earlier reached a 24-hour high of $39,544.29, the highest …
Bitcoin extended its advances after breaching above the $30,000 threshold, which some cryptocurrency traders regard as a critical support level. In New York on Wednesday, the largest digital currency had risen as high as 5.8 per cent and was trading at $31,450. Other cryptocurrencies, such as Ether and Dogecoin, increased, as did the Bloomberg Galaxy …
Anthony Di Iorio, one of Ethereum’s eight co-founders and an early bitcoin user, has announced his retirement from the cryptocurrency field. The revelation, first reported by Bloomberg, comes on the heels of a massive bitcoin, ethereum, and cryptocurrency price boom. The boom that has now pushed the whole crypto market to well over $1 trillion. …
Indeed, it appears that traders’ enthusiasm for cryptocurrency is waning. Trading volumes for Bitcoin, Ethereum, Dogecoin, and other forms of cryptocurrency fell more than 40% in June. This is according to data from the largest crypto exchanges CNBC reported yesterday. Bitcoin had fallen by 8%, while Ethereum had dropped by 21%. Binance Coin, XRP, and …
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