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Elissa Shevinsky joins Cointelegraph as Chief Technology Officer

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Cointelegraph, the world’s foremost blockchain-focused media platform, is pleased to announce that tech veteran Elissa Beth Shevinsky has joined the company as Chief Technology Officer. Shevinsky began her Bitcoin journey in 2013, selling shirts for BTC as part of a fundraising campaign for her encrypted messaging startup, Glimpse, but her career in software began earlier — as employee #33 at Everyday Health, which went public in 2014. More recently, she served as Head of Product at Brave and CEO of Soho Token Labs, where she led a security audit of the 0X Project, a decentralized exchange, among other projects. “I’m

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Posted in bicoin-blog, Bitcoin Blog

Bitcoin ‘pushing aside’ gold as a store of value — Senior Bloomberg strategist

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

A number of indicators suggest that Bitcoin (BTC) is pushing aside gold as the premier safe-haven asset. This could set the stage for wider mainstream adoption of the digital currency, according to Mike McGlone, a senior commodity strategist at Bloomberg. McGlone tweeted Monday that the battle between the safe havens is beginning to favor Bitcoin, based on technical and fundamental indicators. He explained: “Gold will always have a place in jewelry and coin collections, but most indicators point to an accelerating pace of Bitcoin replacing the metal as a store of value in investor portfolios.” Digital #Gold

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Posted in bicoin-blog, Bitcoin Blog

We still have a lot of work to do on diversity, equity and inclusion

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

If we want to democratize finance, we need to start with practical initiatives. As women in the industry, what can we do to expand our reach to end-users or entrepreneurs who would be the last to embrace this technology? How can we improve our search for talent to cover universities and geographies that we wouldn’t normally look to?  Comparatively, there are relatively few women and people of color in the C-suite of blockchain companies or inside institutions leading their blockchain journey. According to a report by Deloitte, the global fintech founder community is still dominated by men, with women making

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Posted in bicoin-blog, Bitcoin Blog

Three-year-old Bitcoin educator speaks at crypto conference

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Though Lily Knight may not yet be old enough to spell “cryptocurrency,” she’s already taking people to school when it comes to Bitcoin. In a prerecorded video message — because it was past her bedtime — for virtual attendees at the Women of the Future crypto and blockchain conference on Monday, Lily offered some innocent enthusiasm for Bitcoin (BTC) to kick off International Women’s Day. The three-year-old, touted as the “world’s leading cryptocurrency expert in the toddler space,” was the youngest speaker at the virtual event. “I’ve been a HODLer all my life,” Lily said while bobbing her head from

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Posted in bicoin-blog, Bitcoin Blog

Active user wallets on Ethereum DeFi have dipped 40% in one month

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

According to DappRadar, the unique active wallet count on the Ethereum DeFi market has seen a significant drop. Between mid-February and the time of writing, unique active wallets on Ethereum DeFi have dipped almost 40%. While Ethereum (ETH) gas fees seem to have bottomed out, the high transaction costs that have characterized the network over the past few weeks appear to have resulted in a marked effect on DeFi user statistics. Source: DappRadar.com Major DeFi protocols like Synthetix and Curve have also seen between 10 and 15% in 24-hour active user count decline. Indeed, Cointelegraph previously reported that daily DeFi

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Posted in bicoin-blog, Bitcoin Blog

Bitcoin price breakout imminent: Why BTC bulls and bears are battling at $52K

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Bitcoin’s (BTC) price has been consolidating in the previous weeks as the sentiment and momentum have slowed to a crawl. That’s very natural, as it’s also impossible to throw a six every time.  Therefore, consolidation and correction are necessary for the market to recharge before resuming the uptrend. Several reasons were given for such a corrective move in the previous weeks, the primary ones being whales selling in addition to macroeconomic factors, particularly the surge in Treasury yields. However, Bitcoin’s price is back at a critical resistance zone for continuation. If that resistance zone breaks, new all-time highs are in

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Posted in bicoin-blog, Bitcoin Blog

This trading platform has a novel approach to welcoming new users

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 9, 2021

A fully regulated brokerage with more than 100,000 users globally has introduced a novel way of welcoming new customers to its platform. Quantfury says users who invite their friends to join the platform will receive stock or cryptocurrency as a reward — with a value of anywhere between $10 and $250 — and their friends will receive the same. According to the company, this could deliver some interesting opportunities that a user may not have contemplated before… such as owning Facebook or Google stock, or gaining exposure to Bitcoin or Ethereum. In a move to stand head and shoulders above

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Posted in bicoin-blog, Bitcoin Blog

NYDIG raises $200M from strategic partners as total Bitcoin custody tops $1B

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

New York Digital Investment Group announced the completion of a $200-million growth capital funding round for business initiatives relating to Bitcoin (BTC). The funding round was led by NYDIG strategic partners Morgan Stanley, Stone Ridge Holdings Group, Soros Fund Management and MassMutual, among others. NYDIG, a provider of Bitcoin-related technology and investment services, will work alongside its strategic partners in applying Bitcoin-focused solutions to the insurance, banking and clean energy industries. NYDIG’s co-founder and CEO, Robert Gutmann, said: “The firms participating in this round are more than investors — they are partners, each well known to us for years. NYDIG

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Posted in bicoin-blog, Bitcoin Blog

40% of Goldman Sachs’ clients already have exposure to crypto, survey shows

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

American banking giant Goldman Sachs has officially confirmed its plans to revive a cryptocurrency trading desk amid increasing demand from investors. Matt McDermott, global head of digital assets for Goldman Sachs’ global markets division, announced that the company will provide access to CME Bitcoin (BTC) futures on its upcoming crypto platform. In a Friday Exchanges at Goldman Sachs podcast, the executive also noted that Goldman Sachs will offer crypto services with non-deliverable forwards, or NDFs, which are cash-settled, and usually short-term, forward contracts. McDermott noted that initially Goldman Sachs’ crypto platform will be limited to these two products, stating:

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Beware the ides of March: Bitcoin slumps as Treasury yields and the Dollar rise again

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

The price of Bitcoin (BTC) is struggling to break past $51,000 on March 8 as the U.S. Treasury yield is rising again while the U.S. Dollar Index (DXY) is at the highest levels in over three months. The global stock market, including equities in the U.S. and Asia, have pulled back in tandem as the Senate’s stimulus approval sparked inflation fears. BTC (orange) vs. DXY (green) vs. Treasury yield (blue). Source: Tradingview Why is Bitcoin dropping off of inflation fears As Welt market analyst, Holger Zschaepitz, explained, the bond market turned into turmoil as the 10-year U.S. Treasury yield surged

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Hosting a CBDC? Only one of Bitcoin, Ethereum or XRP can do it, says report

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

A 44-page report commissioned by CPA Australia delves into the status of Central Bank Digital Currency development worldwide, while exploring viable blockchain candidates for hosting CBDCs in the coming years. The report offers up evaluations of the three most transacted cryptocurrencies in Bitcoin (BTC), Ethereum (ETH) and XRP (XRP), and analyses their suitability (or lack thereof) for use by central banks. Bitcoin’s decentralized network and lack of oversight by banks or governments makes it generally unsuitable for use in a national CBDC network, notes the report. Although Bitcoin is still accepted as a medium of exchange the world over, its

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Posted in bicoin-blog, Bitcoin Blog

Galaxy Digital Bitcoin ETF to launch this week as exec eyes 'compelling opportunities'

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Bitcoin (BTC) exchange-traded funds (ETFs) continue to multiply as a new entrant hits the Canadian market on March 9. In a press release on Monday, Galaxy Digital Capital Management, a subsidiary of financial services and investment management company Galaxy Digital, confirmed that the CI Galaxy Bitcoin ETF would likely start trading this week. Purpose ETF gets major competitor The launch will see Galaxy join the TSX Purpose Bitcoin ETF as one of the pioneering ETF products in North America, with United States regulators yet to approve a single application. As Cointelegraph reported, Purpose has seen huge interest and associated volumes

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Posted in bicoin-blog, Bitcoin Blog

Argo Blockchain buys 320 acre land plot in Texas to expand mining operations

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Publicly-listed mining company Argo Blockchain has finalized its acquisition of a new, 320 acre land plot in West Texas, United States, which it plans to use for the construction of a new 200NW cryptocurrency mining facility. News of the planned acquisition first broke in mid-February, after Argo entered into a Letter of Intent with DPN LLC of New York. Details of the deal indicate that the acquisition was completed at an initial  price of $5 million, satisfied by the issue of roughly 3.5 million new shares in Argo to DPN shareholders. A further payment of shares worth up to $12.5 million

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Norwegian investment firm allocates $58M to Bitcoin and crypto ventures

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Aker ASA, a $6 billion Oslo Børs-listed holding company is set to begin investing in Bitcoin. According to a press release issued on Monday, Aker has created a new company called Seetee AS whose mission is to invest in Bitcoin (BTC). The newly formed Seetee will also delve into the Bitcoin mining arena while looking to forge useful partnerships with major players in the crypto space. Indeed, Seetee has reportedly entered into a collaborative agreement with Blockstream. According to Blockstream CEO Samson Mow, the Bitcoin infrastructure firm will work closely with Seetee on its BTC mining and sidechain implementation pursuits.

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Posted in bicoin-blog, Bitcoin Blog

Algorand Price Prediction: Will ALGO Price Rise in 2021?

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 9, 2021

Algorand is a blockchain that aims to create a transparent system in which anyone can succeed through decentralized projects and applications. The Algorand Foundation assists developers in launching the network and developing it. The main mission is to make a reliable and seamless economy a reality. Algorand was founded in 2019. However, the price of the ALGO coin began its price growth in January 2021. Let’s find out what to expect from Algo cryptocurrency and is it a good investment to diversify your crypto portfolio.  What is Algorand? Algorand is a public blockchain and a protocol that aims to accelerate

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Sands of change: UAE enables private sector to adopt blockchain tech

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

It is no secret that the United Arab Emirates, along with Switzerland, Singapore and several other countries, is one of the most forward-looking tech nations in the world, with the Middle Eastern powerhouse promoting the use of blockchain in almost every sector imaginable, from energy to shipping to media. To help the country with its adoption efforts, the UAE government has launched two extensive, well-crafted initiatives — i.e., the Emirates Blockchain Strategy 2021 and Dubai Blockchain Strategy. While the former seeks to spread the use of blockchain tech for facilitating over 50% of all government transactions by 2021, the latter

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Posted in bicoin-blog, Bitcoin Blog

Bridging the Bitcoin gender gap: Crypto lets everyone access wealth

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

There’s a rumbling in the crypto world. Long perceived — not unjustly — as a boys’ club, 2020 has seen more women entering Bitcoin (BTC) and other cryptocurrencies than ever before. If the trend continues, we’ll see a welcome influx of women in the space. A recent survey by Gemini reports that women’s investment in cryptocurrency has surged 20% over the past year among a nationally representative sampling of United Kingdom investors. Among those planning to invest in crypto, 40% are women. Crypto trading platform eToro also reported a sharp rise in the rate at which women signed up to

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Posted in bicoin-blog, Bitcoin Blog

ICON (ICX) unaffected by South Korean tax investigation into ICONLOOP, says chairman

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

The ICON Foundation, creator of the ICON (ICX) project, has issued an official response to the news that South Korean tax authorities are investigating its technical partner, ICONLOOP. In a statement published on Monday, the chairman of the ICON Foundation, Min Kim, said that the ICON Foundation would not be affected by the investigation, noting that ICONLOOP is operated as a separate entity. The ICON Foundation is a non-profit organization based in Switzerland. In late 2017 it conducted an initial coin offering for the native coin of the ICON blockchain, ICX, raising over $42 million in the process. ICONLOOP is

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Bitcoin closes its second-best week ever: 5 things to watch in BTC this week

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Bitcoin (BTC) starts a new week on a firmly bullish note as stocks tumble and BTC managed to close the week above $50,000.  After a mixed performance last week that saw multiple tests of $46,000, buyer support is entering and BTC/USD is within 15% of all-time highs. Cointelegraph takes a look at what might lie in store for traders in the coming days with five factors likely to affect Bitcoin price action. Stocks nosedive as USD gains The tide is turning on the equities miracle of the past year, with indices falling left and right amid warnings that the rout

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Posted in bicoin-blog, Bitcoin Blog

McAfee claims DOGE price prediction to blame for latest US charges

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Troubled antivirus software entrepreneur John McAfee has claimed that Dogecoin (DOGE) was part of new charges brought against him by the United States Department of Justice. In a Sunday tweet, McAfee pinpointed that DOGE was one of several cryptocurrencies that he endorsed as part of his “coin of the day” tweets about four years ago. “For a few days in 2017 I chose coins I believed had value,” McAfee stated regarding his choice of cryptocurrencies. The famous entrepreneur noted that Dogecoin price has increased 1,000% since he “chose it,” hinting that thus his DOGE tweets should not be included in

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The number of BTC held on exchanges crashed 20% in 12 months

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months. The data suggests investors are accumulating BTC and withdrawing them from exchanges into cold storage, creating a supply crunch. #Bitcoin Balance on Exchanges taking another dive pic.twitter.com/F20tohfXsu — William Clemente III (@WClementeIII) March 7, 2021 On March 6, Glassnode also shared data revealing that coins purchased during 2021 were not moved at a loss during the late February dip, according to on-chain analysis. The firm’s “Hodlwaves” metric, which measures the time since coins were last

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Posted in bicoin-blog, Bitcoin Blog

PayPal Reveals Its Plans for Crypto | This Week in Crypto – Mar 8, 2021

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

PayPal adding more cryptos, Wall Street embracing Bitcoin and China Stops Mining? These stories and more, this week in crypto. PayPal CEO Dan Schulman said in an interview the company’s crypto forays will expand beyond its “buy, sell, hold” offerings for bitcoin, their mission to advance the utility of digital currencies. PayPal’s crypto unit is currently experimenting with smart contracts, testing Ethereum and other blockchains. The fintech company is also said to be in the process of buying the crypto custody firm Curv, to align with the firm’s digital currency strategy. Monetary bigwig Goldman Sachs has begun a

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Posted in bicoin-blog

UFC announces regional partnerships with top crypto-only sportsbook

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

Ultimate Fighting Championship, the world’s leading mixed martial arts, or MMA, organization, has announced an exclusive partnership with Stake.com — a leading crypto-powered online casinos and sportsbook. The partnership announced on March 7, will see Stake become UFC’s “First Official Betting Partner” in Asia and Latin America. However, the deal will exclude UFC’s key market in Brazil. The two firms began working together on March 3  — with Stake’s customers receiving access to unique digital content surrounding the promotional “fight week” for UFC’s March 6 pay-per-view. An announcement states the company’s will also developer exclusive promotions, VIP experiences, and social content

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Posted in bicoin-blog, Bitcoin Blog

UNI surges 50% in one week, becomes first DeFi DApp token in crypto’s top 10

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

The native token of leading decentralized exchange Uniswap has surged by nearly 50% this week, ranking UNI as the eighth-largest crypto asset with a $17.7 billion market cap as speculation builds for the exchange’s coming V3 overhaul. Messari currently ranks UNI as the -second-largest Ethereum-based asset by market cap behind Tether, beating out the Chainlink by nearly 50% of its capitalization. UNI broke into the top 10 on March 5, becoming the first native token of a DeFi DApp to hold the distinction. In 24 hours, UNI’s capitalization increased from $8.8 billion on March 4 to $14.7 billion, according to

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Posted in bicoin-blog, Bitcoin Blog

NFT representing incinerated Banksy painting fetches nearly $400k

Building Your Bitcoin Portfolio Posted on March 8, 2021 by adminMarch 8, 2021

A non-fungible token, or NFT, depicting an incinerated painting created by renowned British street artist, Banksy, has sold for nearly $400,000. On March 8, the token was sold on NFT marketplace OpenSea for 228.69 Ether — worth roughly $382,000 at the time of writing. The sale followed three days of bidding, with approximately 70 bidders pushing the price up from a starting price of 0.00001 ETH. The NFT of the Banksy piece is now worth 6 figures. Less than four hours remain until the auction ends https://t.co/1k8EXyUOEZ — Burnt Banksy (@BurntBanksy) March 7, 2021 The NFT was created by

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Posted in bicoin-blog, Bitcoin Blog

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Recent Posts

  • Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit March 9, 2021
  • Bitcoin price cracks major resistance as analyst eyes $70K 'destiny' March 9, 2021
  • South African crypto firms warn opaque regulations are harming the industry March 9, 2021
  • NuCypher and Keep Network propose ‘world’s first decentralized protocol merger’ March 9, 2021
  • Southeast Asia's first Bitcoin fund launches to meet local institutional demand March 9, 2021
  • Former DC comic book artist fetches $1.85M auctioning Wonder Woman NFTs March 9, 2021
  • Glassnode: $47k showed strongest on-chain support since BTC broke $11k March 9, 2021
  • Ripple and MoneyGram to 'wind down' partnership March 9, 2021
  • NFT-related altcoins hit new highs after Bitcoin price rallies to $53K March 9, 2021
  • DeversiFi introduces fast withdrawals feature between L2 and L1 Ethereum March 8, 2021
  • Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand March 8, 2021
  • Alpha Sigma Capital, DigiFinex, BitMart, Emirex and Everest join EmiSwap’s DAO March 8, 2021
  • Akash Network’s MAINNET 2 decentralized open-source cloud now live March 8, 2021
  • Decentralized esports tournament series looks to bring traditional gamers to crypto March 8, 2021
  • Swiss bank alternative CrescoFin introduces new liquidity mining program March 8, 2021
  • Horizen and StakeHound partner to launch new DeFi bridge for ZEN token March 8, 2021
  • Pro traders avoid Bitcoin longs while cautiously watching DXY strengthen March 8, 2021
  • MicroWorkers integrates Ontology’s ONTO Wallet to facilitate additional payment options for workers March 8, 2021
  • PayPal purchases crypto custody firm Curv March 8, 2021
  • Ethereum rolls out Berlin upgrade with 4 EIPs March 8, 2021

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  • bitcoinBitcoin(BTC)$54,166.008.27%
    BITCOIN
    24H : 8.27%
    Volume : $59,034,913,659.00
    Marketcap : $1,010,136,601,344.00
  • ethereumEthereum(ETH)$1,836.978.44%
    ETHEREUM
    24H : 8.44%
    Volume : $35,239,416,985.00
    Marketcap : $210,664,404,562.00
  • binancecoinBinance Coin(BNB)$247.956.52%
    BINANCE COIN
    24H : 6.52%
    Volume : $2,213,416,962.00
    Marketcap : $38,068,759,617.00
  • tetherTether(USDT)$1.000-0.13%
    TETHER
    24H : -0.13%
    Volume : $100,010,790,543.00
    Marketcap : $36,747,662,333.00
  • cardanoCardano(ADA)$1.141.05%
    CARDANO
    24H : 1.05%
    Volume : $3,761,040,367.00
    Marketcap : $36,273,784,163.00
  • polkadotPolkadot(DOT)$36.016.17%
    POLKADOT
    24H : 6.17%
    Volume : $1,493,090,398.00
    Marketcap : $35,054,629,863.00
  • rippleXRP(XRP)$0.4823.94%
    XRP
    24H : 3.94%
    Volume : $3,736,767,910.00
    Marketcap : $22,021,609,470.00
  • uniswapUniswap(UNI)$33.750.620%
    UNISWAP
    24H : 0.620%
    Volume : $1,440,379,310.00
    Marketcap : $17,467,404,492.00
  • litecoinLitecoin(LTC)$200.339.24%
    LITECOIN
    24H : 9.24%
    Volume : $6,522,792,905.00
    Marketcap : $13,347,563,517.00
  • chainlinkChainlink(LINK)$31.398.77%
    CHAINLINK
    24H : 8.77%
    Volume : $2,129,958,783.00
    Marketcap : $12,881,771,796.00
  • bitcoin-cashBitcoin Cash(BCH)$543.357.83%
    BITCOIN CASH
    24H : 7.83%
    Volume : $4,583,529,985.00
    Marketcap : $10,121,296,775.00
  • stellarStellar(XLM)$0.4243.84%
    STELLAR
    24H : 3.84%
    Volume : $909,778,706.00
    Marketcap : $9,551,670,670.00
  • usd-coinUSD Coin(USDC)$1.0000.0100%
    USD COIN
    24H : 0.0100%
    Volume : $1,538,857,657.00
    Marketcap : $9,113,482,841.00
  • dogecoinDogecoin(DOGE)$0.0595.00%
    DOGECOIN
    24H : 5.00%
    Volume : $3,054,142,968.00
    Marketcap : $7,608,497,831.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$54,039.008.27%
    WRAPPED BITCOIN
    24H : 8.27%
    Volume : $335,046,158.00
    Marketcap : $7,011,998,010.00
  • nemNEM(XEM)$0.7103.60%
    NEM
    24H : 3.60%
    Volume : $1,034,073,091.00
    Marketcap : $6,377,885,088.00
  • aaveAave(AAVE)$433.357.92%
    AAVE
    24H : 7.92%
    Volume : $969,266,657.00
    Marketcap : $5,383,872,599.00
  • theta-tokenTheta Network(THETA)$5.1514.63%
    THETA NETWORK
    24H : 14.63%
    Volume : $454,528,599.00
    Marketcap : $5,148,868,959.00
  • cosmosCosmos(ATOM)$19.814.96%
    COSMOS
    24H : 4.96%
    Volume : $893,469,119.00
    Marketcap : $4,706,405,765.00
  • okbOKB(OKB)$16.883.55%
    OKB
    24H : 3.55%
    Volume : $241,922,213.00
    Marketcap : $4,544,704,766.00