Monthly Archives: March 2021

Billionaire Investor George Soros’ Fund Reveals Bitcoin ‘Inflection Point’ Bet As Crypto Market Price Nears $2 Trillion

Bitcoin has been on a tear over the last six months, climbing almost 500% amid a bull market that’s made the cryptocurrency a $1 trillion asset. The bitcoin price, now hovering near its all-time highs of around $60,000 per bitcoin, has soared as Wall Street giants and companies including Elon Musk’s electric car company Tesla make big bets on bitcoin. Now, as the broader cryptocurrency market nears $2 trillion—up almost three-fold since the beginning of the year—the chief… Source link

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Ethereum developers say an upgrade that will destroy coins is very popular with users after tensions with miners rise | Currency News | Financial and Business News

The cryptocurrency ether runs on the Ethereum network. Dado Ruvic/Reuters Ethereum developers have defended the changes to the network that will come in the summer. They said the alterations are very popular with users, as they make fees simpler and limit ether supply. But miners remain disgruntled that their fees will be cut, with debate in the community ongoing. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Developers on the Ethereum network have defended… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 31st, 2021

Ethereum Ethereum rose by 1.40% on Tuesday. Following on from a 7.64% rally on Monday, Ethereum ended the day at $1,841.16. A mixed start to the day saw Ethereum fall to an early morning intraday low $1,785.77 before making a move. Steering clear of the first major support level at $1,713, Ethereum rallied to a late intraday high $1,860.00. Falling short of the first major resistance level at $1,880, Ethereum eased back to end the day at sub-$1,850 levels. At the time of writing, Ethereum was up… Source link

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Latest Bitcoin price and analysis (BTC to USD)

Bitcoin is on the brink of a major breakout above $60,000 on the back of Visa and PayPal’s decision to make digital asset services more accessible. The world’s largest cryptocurrency, which now has a market cap of $1.1 trillion, has risen by more than 17% since March 25’s low of $50,400. At the time of writing it is trading at $59,450 as it begins to nudge convincingly towards its all-time high of $62,000. From a technical level, if Bitcoin is dealt a rejection from the psychological… Source link

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Malicious Docker Cryptomining Images Rack Up 20M Downloads – Threatpost

Publicly available cloud images are spreading Monero-mining malware to unsuspecting cloud developers. At least 30 malicious images in Docker Hub, with a collective 20 million downloads, have been used to spread cryptomining malware, according to an analysis. The malicious images (spread across 10 different Docker Hub accounts) have raked in around $200,000 from cryptomining, according to Aviv Sasson, researcher with Palo Alto Networks’… Source link

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Bitcoin Adds Back $150 Billion As Visa, PayPal Rev Up Crypto Offerings And Institutions ‘Buy The Dip’

Topline After a stark plunge Thursday that wiped out $100 billion in market value, the world’s largest cryptocurrency is back near all-time highs Tuesday as corporations like Visa and PayPal join other institutional players in expanding their crypto offerings. Bitcoin, the world’s largest cryptocurrency has been on the mend since shedding $100 billion in one … [+] day last week. Getty Images Key Facts As of 4 p.m. EDT, the price of bitcoin has climbed 2% over the… Source link

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Monero, Waves, Compound Price Analysis: 30 March

Monero showed weakness as it attempted to flip the $239.05-resistance level. Waves settled between $12.5 -$11.5, while a hike above its press-time resistance would see Compound move closer towards the $447.4-mark. Monero [XMR] Source: XMR/USD, TradingView On the 4-hour timeframe, Monero noted bullish movement as the price closed in on the $239.05-resistance. However, the overhead resistance has rejected the price on multiple occasions in March already, and this could likely be the outcome… Source link

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Chipotle is giving away $100,000 in bitcoin

No, the chain isn’t accepting the cryptocurrency as payment for its Mexican dishes. Instead, Chipotle is giving away $100,000 worth of bitcoin on Thursday to celebrate National Burrito Day. The contest marks the first time a US restaurant chain has given away bitcoin, according to Chipotle. To win, Chipotle (CMG) fans can visit the website BurritosOrBitcoin.com launching Thursday to try to guess a valid six-digit code. Each player gets 10 tries during the contest, which runs from noon to 9 pm… Source link

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Superstar artist Damien Hirst to sell 10,000 NFTs using a new Ethereum technology called Palm | Currency News | Financial and Business News

Damien Hirst is famous for pickling sharks and encrusting skulls with diamonds Chris Young/Getty Images Superstar artist Damien Hirst is set to become the biggest player yet to enter the world of non-fungible tokens, with plans to sell 10,000 artworks tied to corresponding NFTs in a series called “The Currency Project.” The artist, famous for putting a shark in formaldehyde and encrusting a skull with diamonds, will release his latest works on a new technology called Palm, which will… Source link

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