Comparing Apple’s Growth With Bitcoin, Why This Expert Sets $700K As Long-Ter...
Bitcoin could be back on a downtrend as the bulls struggle to protect the $40,000 mark. The first crypto by market cap was rejected at around $44,500 and has been unable to reclaim previous highs as the bears threaten with pushing it back to the lows around $30,000. Related Reading | Monero (XMR) Price Slides As Canada Includes Crypto In Emergencies Act As of press time, the first crypto by market cap trades at $40,160 with a 5.1% and 8.8% loss in the last day and 7 days, respectively. The general sentiment in the crypto market has been quickly changing from fear to greed as Bitcoin....
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Is Apple ripe for bitcoin adoption? Something’s up with Strike’s CEO. Through Twitter, Jack Mallers seems to be dropping clue after clue. And the Bitcoin 2022 conference is next week in Miami. Last year, in the same event, Mallers himself announced that El Salvador would make bitcoin legal tender. Definitely one of the biggest news items of 2021. What will he and other guests of honor announce this time? Related Reading | Comparing Apple’s Growth With Bitcoin, Why This Expert Sets $700K As Long-Term Goal Could bitcoin-only Strike be about to announce an Apple partnership? How would....
PRESS RELEASE. Coinrule – a hyper-growth, automated trading platform based out of London, UK – is poised for explosive growth in the months ahead, after announcing that its recent investment round on Seedrs secured over 200% of its target, raising $700k, at a valuation of $6m. This funding will allow Coinrule to grow the team, expand into the fast-growing market of tokenised stock trading, and deliver a ‘market leading backtesting tool’, all aimed at furthering their mission of democratizing access to finance. 2020 has been an extraordinary year in crypto, with a....
A quant breaks down how the Bitcoin NUPL indicator may be able to predict the beginning of a new bull run based on past pattern. How The Bitcoin NUPL Metric May Predict The Start Of Bull Run As explained by an analyst in a CryptoQuant post, the various phases of the NUPL indicator may shed some light relating to the bull run status for BTC. The net unrealized profit and loss (or NUPL in short) is a metric that’s defined as the difference between the market cap and the realized cap, divided by the market cap. NUPL = (Market Cap – Realized Cap) ÷ Market Cap In simpler terms, what....
Ripple Labs, Inc. has been handed a US$700K civil enforcement action on behalf on the Financial Crimes Enforcement Network (FinCEN). Working in coordination with a number of law agencies in the U.S., FinCEN has assessed a civil money penalty for “willful violation of the Bank Secrecy Act by acting as a money services business without registering with FinCEN.” The crimes enforcement network claims that Ripple failed to maintain adequate anti-money laundering (AML) procedures to ensure clients were not using the service to avoid taxation and hiding the source of funds, among other things.....
Comparing past crypto cycles shows there is a clear pattern, and Bitcoin seems to be nowhere near the top right now. Bitcoin researcher Dor Shaher has pointed out on Twitter that there is consistency in the way correction periods have played out in previous cycles. Bitcoin Price Growth Since Cycle Low Here is a chart […]