Bitcoin Price Moves Above $40k after Amazon Speculation, QNT, LINK, ZIL, Jul. 31

BTC The Bitcoin price saw a strong rally on the week and moved above the $42k level after reports that Amazon would soon accept the coin as payment. BTC Price Index The speculation that the e-commerce giant would enter the crypto space started with an anonymous source within Amazon that reportedly told London financial news outlet City A.M. that they would start accepting Bitcoin payments by the end of 2021.  “This isn’t just going through…

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Bitcoin Price Rallies from $30k on Amazon Short Squeeze, ETH, FTT, THETA, Jul. 26

Bitcoin Price Rallies from $30k on Amazon Short Squeeze, ETH, FTT, THETA, Jul. 26

BTC The Bitcoin price has rallied from support at $30,000 to test resistance levels close to $40,000. BTC Price Index BTC jumped higher to trade above the $39k level for the first time since mid-June. The move higher in the coin has been driven by a short squeeze, where bearish traders were heavily positioned at $30k and had to retreat from those shorts.  Bitcoin traders have also been inspired by reports that e-commerce giant Amazon…

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FTX, Circle, BlockFi and More: The Largest Crypto Fundraisers of the Year

FTX, Circle, BlockFi and More: The Largest Crypto Fundraisers of the Year

Cryptocurrency companies are rapidly turning to large investors to fund their business plans through capital investment. The past year has brought large amounts of money into the industry; these are some of the biggest fundraising rounds. FTX Breaks Record With $900 Million Fundraiser On June 21, the cryptocurrency exchange and futures trading platform FTX announced a record-breaking Series B fundraiser that brought in $900 million from investors like Softbank and Ribbit. The fundraiser brought the…

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A Simple Guide to Exchanging Cryptocurrencies ETH to BTC

A Simple Guide to Exchanging Cryptocurrencies ETH to BTC

It has long become history that time when trading on stock exchanges was available only to a narrow circle of people, brokers who, buried in piles of securities, monitored the price movement of certain assets. The entire process associated with this activity has almost entirely passed into the world wide web. Moreover, it has become available to most netizens. Today, anyone can become a cryptocurrency trader, regardless of their level of knowledge and the amount…

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Is It Too Late or Just the Time to Get Into Bitcoin Investment?

Is It Too Late or Just the Time to Get Into Bitcoin Investment?

Should I Buy Bitcoin Now? Unsurprisingly, Bitcoin has been experiencing highly volatile action in 2021. The cryptocurrency has become associated with an increasingly higher number of institutional investors – Tesla, Microstrategy, etc. We continuously see bigger players converting their cash reserves into Bitcoin to hedge against their other assets. More regular people enter the race and just purchase Bitcoin.  Why Is Bitcoin Falling in Price? While there are many factors in play, one of the…

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Bank of America Offering BTC Futures to Clients, XRP, ADA, RUNE, Jul. 19

Bank of America Offering BTC Futures to Clients, XRP, ADA, RUNE, Jul. 19

BTC Bitcoin was weaker on Monday as stock markets swooned on the latest surge in virus variant cases and inflation last week. BTC Price Index Bitcoin is lower by $1,000 on the day and is looking like a test of the $30,000 support level could happen again. If that level gives way then a swift move towards $20k is possible and options traders have been betting on that outcome. The BTC options market saw increased…

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TikTok Bans Financial Advice: What Does This Policy Mean for Crypto?

TikTok Bans Financial Advice: What Does This Policy Mean for Crypto?

The popular video sharing app TikTok has introduced new restrictions that will prevent its users from promoting cryptocurrency. Here’s what you should know. TikTok Bans Branded Crypto Content Unlike some platforms, TikTok does not solely run third-party ads alongside user-created content. Users are additionally able to create branded content. In exchange for promoting the topic, those users receive compensation from a company. TikTok’s support page now explains that discussion of cryptocurrency and “all financial services…

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The Most Popular Choices For Crypto Gambling Online

The Most Popular Choices For Crypto Gambling Online

The anonymity cryptocurrencies offer, along with the high speed of transactions has long made them a great match for online gambling. The operators of the industry-recognized this early on and put great effort into incorporating crypto into their system. But among some 4,000 digital coins in circulation, not all of them share the same popularity and practicality in the gambling industry. So what are the actual options that gamblers go for and why? Bitcoin (BTC)…

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What Is EOS? Price Predictions for the Blockchain Ecosystem

What Is EOS? Price Predictions for the Blockchain Ecosystem

The main aim of the EOS protocol is to create a network that can process millions of transactions in the space of a few seconds.  With the attention bitcoin has garnered for the crypto niche, people are in a haste to buy bitcoin in India. However, bitcoin is quite expensive and people are trying to buy and invest in lower price coins like EOS.  EOS looks to develop a decentralized blockchain that can process extremely…

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VISA Sees $1 Billion of Crypto Card Spend This Year, ETH, DOGE, AXS, Jul. 13

VISA Sees $1 Billion of Crypto Card Spend This Year, ETH, DOGE, AXS, Jul. 13

VISA Payments giant VISA has reported that over $1 billion worth of cryptocurrency has already been spent in 2021 by global consumers using crypto-linked Visa cards. Visa Chief Financial Officer Vasant Prabhu told CNBC: We are doing a lot to create an ecosystem that makes cryptocurrency more usable and more like any other currency. People are exploring ways in which they can use cryptocurrencies for things they would use normal currencies for. Visa has said…

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