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Share Tweet Share Share Share Email Some bitcoin investors are watching General Motors (GM) closely in the wake of CEO Mary Barra’s response during the company’s fourth-quarter earnings call to a question about whether the automobile giant might accept the cryptocurrency as a form of payment. The exchange Barra had with analyst Adam Jonas of Morgan Stanley on Feb. 10 was highlighted in a March 26 article on the cryptocurrency and investing news website Coin Quora. During the call, according… Source link

Bitcoin, after surging through the first couple of months of the year, has lost momentum in March. The bitcoin price, up almost 500% since its latest bull run began in October, climbed to an all-time of just over $60,000 per bitcoin this month but has stopped breaking fresh ground with the regularity it did through January and early February. Now, with historical bitcoin price data showing March losses are often followed by an April rally, bitcoin traders and investors are feeling… Source link

Bitcoin has been on a tear in 2021, and if history is any indication, we should expect bitcoin to continue to run well past the six figures mark, and to $200,000 and beyond in 2021. The Halving Cycle Dynamic, Programmatic Price Action While the typical skeptic will shout from the rooftops, “Bitcoin is nothing more than a speculative bubble!” and how there is “No intrinsic value, Bitcoin is just tulips!,” these critics clearly have not done much critical thinking or research on the… Source link

There was some on-chain sign of a move toward $450 for Aave based on the concentration of large wallets. On the charts, the medium-term outlook was neutral but climbing above $360 would be a sign of bullish strength. Cosmos also faced strong resistance at $19.8, and Monero was consolidating above a level of support at $215. Aave  [AAVE] Source: AAVE/USDT on TradingView A previous analysis noted a bullish scenario for AAVE (in cyan). The $340 mark has been defended; $344 has not been ceded to… Source link

Bitcoin prices surpassing the $60,000 milestone undoubtedly woke up a massive wave of joy across the crypto community. However, such an accomplishment didn’t bring happiness to a married couple, who split up after a dispute on whether to sell bitcoins at that price level or not. Wife Left the House to Stay With Her Sisters According to a post on Reddit, a user named “Parking_Meater” gave his particular testimony on how the bitcoin (BTC) bull-run ended… Source link

Warren Buffett hates cryptocurrencies. Treasury Secretary Janet Yellen isn’t a fan and neither is Bill Gates. Ditto for scores of great economic minds who call the rise of cryptos like Bitcoin a “bubble,” and a lot worse.   I have my doubts as well. I’ve seen too many Pets.coms in my career covering Wall Street to embrace a so-called currency that can’t even be used to buy a slice of pizza.  What has me thinking twice, however, is what’s going on in… Source link

Monero continued its rangebound movement between $239.4 and $215. Zcash showed weakness after recapturing the 23.6% Fibonacci retracement level, while a breakdown on Chiliz could highlight support levels at $0.29 and $0.156. Monero [XMR] Source: XMR/USD, TradingView With limited price swings during the month of March, it was possible that Monero was in an accumulation phase post the pullback in late-February. The region between $239.4 and $215 showed strong price oscillation as the buyers… Source link

This article is a collaboration by Glassnode and Bitcoin Magazine to introduce Bitcoiners to the world of on-chain analysis. Our aim is to simplify, demystify and improve access to on-chain data, helping you take the first steps into using these powerful new tools. The Bitcoin blockchain is one of the most organic sources of data into human behavior in a free market that the world has ever seen. From its cypherpunk roots without price, to today’s corporate adoption with eyes on… Source link

Benzinga Alibaba, Amazon, Palantir, Google, Takeda, Unity — What Cathie Wood’s Ark Bought And Sold On Thursday Cathie Wood’s Ark Investment Management sends out an email every night listing the stocks that were bought or sold by the firm’s ETFs that day. In recent months, the emails have known to cause certain stocks to see a spike in the after-hours session. Here’s a list of 39 stocks that the hedge fund bought and sold on Thursday. Trades For Ark Fintech Innovation ETF (NYSE: ARKF):… Source link