Bitcoin Update 2.27.22
Quick video update with our current thoughts on Bitcoin, Stocks, Dollar, and Precious Metals.
Tag: blockchain
XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42K
Stronger-than-expected U.S. jobs data and bitcoin adoption by two major credit unions supported a price recovery, analysts said. The crypto market extended its recovery during…
Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments
Most investors prefer to have direct custody of coins when they intend to hold them for a longer term. Crypto investors seem to have stepped…
Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout
The stock declines come as the price of bitcoin has fallen almost 11% in the past 24 hours, trading below $40,000 for the first time…
Chatex Users Ask US Treasury to Release Crypto Frozen by Sanctions
Retail customers were swept up by actions meant to punish a crypto firm accused of money laundering. When Ekaterina Abreu awakened on Nov. 9 at…
Bitcoin Adoption Among Far-Right Extremists Leaves Its Mark on the Blockchain
Blockchain sleuthing firm Elliptic has been tracking numerical hate signals left by alt-right groups. Bitcoin as a means of payment among far-right extremists is growing…
3 Reasons the Ether-Bitcoin Ratio Rose to 3 1/2-Year High as Crypto Crashed
Bitcoin’s evolution as a macroeconomic asset makes it more vulnerable to Fed jitters. While bitcoin tanked last week, pulling the broader crypto market lower, there…
Crypto Miner DMG Blockchain Purchases 1,800 Next-Generation Bitmain Miners
The machines, to be delivered starting next July, will generate an additional 252 PH/s. Canadian mining firm DMG Blockchain Solutions has purchased 1,800 Bitmain Antminer…
Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends
Pullbacks typically end with crowd chatter leaning bearish. As bitcoin nurses a weekly drop of 9%, the cryptocurrency’s social metrics indicate the retail crowd is…
Big Money Apes Into Blockchain Gaming With $725M Fundraising for Forte
Forte will use the funding, which brings its total capital raised this year to more than $900 million, to expand its products and services. Major…