Artur Widak/NurPhoto via Getty Images Bitcoin will eventually be the world’s currency because “you have to think it’s going to infinity,” Jesse Powell, CEO of cryptocurrency trading exchange Kraken, said in a Bloomberg interview Thursday.  National currencies are already showing extreme signs of weakness and people will soon start measuring the price of things in terms of bitcoin, he said. “I think true believers will tell you it’s going all the way to the moon, to Mars, and… Source link

Artur Widak/NurPhoto via Getty Images Bitcoin will eventually be the world’s currency because “you have to think it’s going to infinity,” Jesse Powell, CEO of cryptocurrency trading exchange Kraken, said in a Bloomberg interview Thursday.  National currencies are already showing extreme signs of weakness and people will soon start measuring the price of things in terms of bitcoin, he said. “I think true believers will tell you it’s going all the way to the moon, to Mars, and… Source link

SINGAPORE, March 4, 2021 /PRNewswire/ — EQUOS, Diginex’s [Nasdaq:EQOS] institutional-grade cryptocurrency exchange, has today announced its launch of Ethereum (ETH) Perpetual Futures (ETH/USDC[F]), to provide investors with the opportunity to trade and hedge in all market conditions. This launch follows the EQUOS’ Bitcoin Perpetual Futures (BTC/USDC [F]), which was introduced to EQUOS customers in early January. It is part of the continuing roadmap for EQUOS in its mission to create the… Source link

Bitcoin (BTC) and Ether (ETH) appear to be experiencing something of a slowdown, as on-chain data shows a dramatic decrease in the U.S dollar value of coins being sent across both blockchains in the past week. At the same time, transaction fees for both chains have receded from recent highs, or in Ethereum’s case, an all-time high. Data from Bitinfocharts shows $46.68 billion worth of BTC was sent across the Bitcoin blockchain on Feb. 25. For some context, that’s around 5% of the total… Source link

According to reports, Grayscale added 174,000 tokens to its litecoin holdings in the past month. This haul pushed its total holdings of the altcoin to 1.44 million. Following this acquisition, which represents 80% of all litecoin that were mined in the past month, the total value of Grayscale’s holdings of the altcoin is now just over $248 million. However, following the large acquisition by… Source link

A measure of bitcoin volatility hit a roughly 10-month high in February. (Photo Illustration by … [+] Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Bitcoin volatility climbed in February, attaining its loftiest reading since April 2020 during a month where the cryptocurrency’s price rose to fresh highs. The digital currency’s annualized 30-day volatility reached 114.51% on February 8, the most since April 10, 2020, data… Source link

Few people have captured the imagination of the cryptocurrency market quite like MicroStrategy CEO Michael Saylor, a guest on Wednesday morning’s First Mover on CoinDesk TV. His company’s purchases of bitcoin, first announced in August, validated a key narrative driving the current bull market: the “institutions” were joining the fray (companies fitting crypto’s definition of an institution can be far more modest in size, and commercial rather than financial in mission, than Wall… Source link

Purchase of Monero Tokens and Depositing of Bitcoin to Generate Operating Income Toronto, Ontario–(Newsfile Corp. – March 3, 2021) – Cypherpunk Holdings Inc. (CSE: HODL) (“Cypherpunk” or the “Company“), a sector leader for privacy-technology investments, is pleased to provide a corporate update summarizing the Company’s current corporate plans and completed investments. Cypherpunk Holdings is pleased to announce a purchase of 1,780 Monero tokens for CAD $500,000. This purchase of Monero… Source link

On Feb. 20, Ether (ETH) price rallied to a new high at $2,015 and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether’s  year-to-date 176% gain, these warning signs should not be ignored. On of the primary driving factors of the current bullish sentiment is the launch of CME ETH futures and Grayscale Investments ETH Trust reaching $6.3 billion assets under management. The DeFi phenomenon also continues as there is… Source link

Amazon’s cloud computing subsidiary announced the availability of Ethereum on its own blockchain … [+] platform. The service will be operating through Northern Virginia, America’s Internet backbone, where AWS has a large number of data centers. © 2020 Bloomberg Finance LP Amazon Web Services (AWS), is now supporting the Ethereum blockchain. Announced on March 2, the service will let customers quickly spin up nodes that contain the transaction… Source link