Bitcoin

Reuters ‘Reef stars’ promote new growth in Bali’s dying coral ecosystem Using a snorkel and protective gloves, Pariama Hutasoit dives down into the clear waters off the Indonesian island of Bali to pull away plastic from a “reef star” installed by her conservation group to encourage new coral growth. The Nusa Dua Foundation has installed almost 6,000 of the stars, hexagonal-shaped steel structures around a metre in diameter, in coral reefs across Bali. “We’re aiming to install about 5,000… Source link

Elon Musk, the Tesla TSLA chief executive who’s developed a controversial relationship with the bitcoin community over recent months, is again creating waves in cryptocurrency markets. Musk took to his preferred platform, Twitter, to comment on the Bitcoin 2021 conference currently underway in Miami, Florida. Bitcoin “is a helluva drug,” Musk replied to a video of bitcoin investors Michael Saylor and Max Keiser hyping up the crowd on stage at Bitcoin 2021, posted by another Twitter… Source link

Bitcoin enthusiasts prize the cryptocurrency as beyond the reach of any government. Yet up to three-quarters of the world’s supply has been produced in just one country, China, where a government push to curtail output is now causing global bitcoin turbulence. The amount of electricity needed to power vast numbers of computers used to create new bitcoin are at odds with China’s recent climate goals. The government, which manages its national currency with a tight fist, also frowns on… Source link

The price of bitcoin (BTC) has been consolidating for more than two weeks after it experienced one of the biggest crashes in crypto history. Although the market has calmed down, holding back further declines, we do not see a quick V-shape recovery. However, the possibility of one is still in the game. One of the best-known analysts in the crypto space, PlanB, has suggested that it might occur soon. A clear pattern in the cryptocurrency options market seems to impact the BTC price heavily this… Source link

Reuters Investors see Biden’s 15% minimum tax offer as positive NEW YORK (Reuters) -Investors hailed U.S. President Joe Biden’s offer on Thursday to scrap his proposed 28% corporate tax hike as a move in the right direction and embraced the idea of a compromise that could allow an infrastructure and tax package to move through Congress. Biden offered to set a minimum tax rate that companies should pay at 15%, two sources familiar with the matter said, in what would be a major concession by… Source link

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Leveraged traders have not materialized in the market to take bitcoin over the $40,000 hump. Meanwhile, ether is continuing to steal trading volume from BTC during a steady price rise toward $2,900. Bitcoin (BTC) trading around $38,532 as of 21:00 UTC (4 p.m. ET). Gaining 1.7% over the previous 24 hours. Bitcoin’s 24-hour range: $37,311-$39,402 (CoinDesk 20) Ether (ETH) trading around $2,789 as of 21:00 UTC (4 p.m. ET). In the green 1.1% over the previous 24 hours. Ether’s 24-hour range:… Source link

CryptoCorner Bitcoin may be poised to move higher, but it won’t be a meteoric rise, and any increase will be well below the cryptocurrency’s all-time high. The world’s leading crypto by market cap has rebounded and traded in a narrow range after falling as much as 50% from its record high last month. However, Bitcoin mining activity suggests a move above $40,000 is possible. “Several on-chain and network indicators have reflected a bullish skew over the week, albeit most being relatively… Source link

Share Tweet Share Share Share Email The bitcoiners are coming, the bitcoiners are coming! To Miami, that is, as the Sunshine State’s largest city gets set to host what is projected to be the largest gathering of cryptocurrency enthusiasts the world has ever seen.   An estimated 50,000 people are expected to participate in an in-depth, two-day… Source link

Though market Indicators suggest limited upsides towards $40,000 price levels as resistance remains strong, amid reports that some leading multinational banks have plans on issuing Crypto brokerage services to their high-net-worth clients coupled with Google recently lifting a ban on Crypto ads. It’s important to observe the Crypto-verse is still having some anxious moments with many investors’ minds wondering if the brief bearish market trend will resume on the account of the record… Source link