Bitcoin jumping through the roof - Why?

Bitcoin jumping through the roof - Why?

The Bitcoin price has increased rapidly in the last hour, jumping from $580 to more than 710 USD. There is obvious some speculation taking place but on what information? Read our earlier post: "Bitcoin Technical Analysis Indicates Near Mid Cycle Low". Bitcoin LEAP. This is a part of the Cryptocurrency Investment Club by CryptoCoinsNews.com. Join our FREE and EXCLUSIVE Cryptocurrency Investment Club! LIMITED memberships. Receive BREAKING NEWS INSTANTLY and weekly analysis of different cryptocurrencies + much more.


Related News

Bitcoin Is Going Through the Roof in Argentina While the Government Imposes N...

Argentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.5 million). At the same time, the country still faces a 35% inflation. Argentinean Senate Approves New Taxes, While Bitcoin Keeps Skyrocketing Against the Argentine Peso According to El Pais, the measure, citing opposition parties’ statements, could “slow down the investments” in a country whose fiat currency, the Argentinean Peso (ARS) is highly devalued....

Solar ‘Bazooka’ Bitcoin mine warms warehouse amid Europe’s energy crisis

A warehouse in the Netherlands swapped out natural gas for Bitcoin miner heating — saving money, efficiency and the planet. It’s another win for Bitcoin miners and the environment. A Dutch Bitcoiner has installed a Bitcoin (BTC) miner in a warehouse to replace the heating system powered by natural gas. Why? Because it’s cheaper, more environmentally friendly, and uses solar power.Our latest installation heats a warehouse with electricity instead of natural gas. We’ve installed manual valves to guide airflow. The sound has been attenuated under 40db with a large damper. The people that work....

Blockchain Bites: The Weird and Wonderful in Crypto This Week

Also: Ether is jumping off, taking DeFi tokens with it.

Why DEXes Are Switching to BSC Infrastructure

Until the launch of the Binance Smart Chain in September 2020, many decentralised exchanges relied on the Ethereum network for transaction processing among other functionalities. This resulted in an overburdening of the network, leading to congestion, high transaction fees and slow transaction speed. The development of the BSC infrastructure stemmed from the need to provide a faster network that is far less expensive than Ethereum. The Binance team aimed to improve the freedom of money by building a holistic community-driven ecosystem where assets flow freely based on users’ needs. Since....

Is It Possible to Transfer Any Token Between Any Networks?

Yes, if you use Rubic’s Multi-Chain Protocol, which enables users to swap more than 9,500 assets between 3 blockchains in one click without complicated and unnecessary steps. All Blockchains Under One Roof Rubic’s mission is to allow users to swap any token for any other token, on and between all blockchains, in one place, with […]