Ethereum (ETH/USD) added to recent gains early in the Asian session as the pair appreciated to the 3348.97 level after recently trading as high as the 3378.60 level during the North American session, with the interday high representing a test of the 61.8% retracement of the depreciating range from 4384.43 to 1728. Buying pressure recently […]
ETH/USD Bid Above 3300: Sally Ho’s Technical Analysis 24 August 2021 ETH
Ethereum (ETH/USD) added to recent gains early in the Asian session as the pair appreciated to the 3348.97 level after recently trading as high as the 3378.60 level during the North American session, with the interday high representing a test of the 61.8% retracement of the depreciating range from 4384.43 to 1728. Buying pressure recently […]
Publishing platform Substack now accepts Bitcoin payments
Substack has more than 500,000 paid subscribers, but Bitcoin payments will first be available to “a select group of crypto-focused publications.” An integration with payment processor OpenNode will allow content platform Substack to accept Bitcoin payments on-chain and using the Lightning Network. In a Monday announcement, OpenNode said it had partnered with Substack “to make […]
Bloomberg strategist explains why 30-year US bonds have ‘bullish implications’ for Bitcoin
Long-dated US Treasury yields are slumping ahead of the Jackson Hole meeting. Despite Bitcoin (BTC) slipping back below $50,000, more and more investors are likely to move their capital into Bitcoin and gold markets in the second half of 2021 (H2), asserted to Mike McGlone on Aug. 23, the senior commodity strategist at Bloomberg Intelligence. The […]
Kenya does more peer-to-peer crypto trades than anywhere else in the world
According to the recent Global Crypto Adoption Index 2021 report by Chainalysis, Kenya leads the world when it comes to crypto transactions in terms of peer-to-peer (P2P) trading. The East African country’s peer-to-peer exchange trade stands ahead of the over 150 surveyed countries, ahead of other African superpowers like Nigeria, South Africa, and Ghana. The […]
Iran To Lift Bitcoin Mining Ban In September
The state agency responsible for power generation and distribution reportedly said restrictions on bitcoin mining would be lifted next month. The Ministry of Industries, Mining, and Trade will soon lift the restrictions on bitcoin mining imposed in May, reported the Financial Tribune. According to the Iran Power Generation, Distribution, and Transmission Company (Tavanir), miners in […]
El Salvador president announces infrastructure already being built ahead of country’s Bitcoin adoption
According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7. Nayib Bukele, the president of El Salvador and the principal figure behind the country’s adoption of Bitcoin (BTC), said residents will have the opportunity to convert their crypto to fiat immediately after Bitcoin […]
Kraken Daily Market Report for August 22 2021
Overview Total spot trading volume at $887.6 million, the 30-day average rose to $1.18 billion. Total futures notional at $266.3 million. The top five traded coins were, respectively, Bitcoin (+0.9%), Tether (0%), Ethereum (+0.4%), Cardano (+11%), and Ripple (0.9%). Strong returns from Orchid (+21%) and Nano (+17%). August 22, 2021 $887.6M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD BTC $49293. ↑0.9% $219.5M USDT $1.0007 ↑0.0% $185.6M ETH $3240.9 ↑0.4% $133.2M ADA $2.71 ↑11% $122.9M XRP $1.2273 ↑0.9% $36.4M […]
Visa steps into NFT fever. Buys CryptoPunk #7610 for $166,000
Payments company Visa has bought CryptoPunk #7610 as part of a broader portfolio of alternative assets, it said in a post this morning. The punk is worth 49.5 ETH (the equivalent of approximately $166,000) and the deal was facilitated by Anchorage Digital. “Over the last 60 years, Visa has built a collection of historic commerce […]
Email Subscription Platform Substack Adds Bitcoin Lightning Payments
Substack with over half a million subscribers, announced Monday it has integrated Bitcoin Lightning payments in collaboration with OpenNode, a payment processor offering Bitcoin and Lightning optimized API solutions for businesses. Independent online publisher Substack, with over half a million subscribers, announced Monday it has integrated Bitcoin Lightning payments in collaboration with OpenNode, a payment […]