2020-10-22 14:19 |
The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.
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Regardless of the election result, Bitcoin will eventually rally to $100,000 if previous election cycles repeat
Bitcoin's surge highlights its sensitivity to political events, suggesting potential volatility and strategic investment opportunities amid elections. The post Bitcoin surges 3% to $70,000 ahead of US election results appeared first on Crypto Briefing.
A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet.
This move may accelerate institutional crypto adoption, influencing global investment strategies and potentially reshaping traditional portfolios. The post First UK pension fund invests 3% of assets to Bitcoin appeared first on Crypto Briefing.
Digital asset investment products saw inflows of $2. 2 billion last week, bringing total inflows this year to a record-breaking $29. 2 billion, according to CoinShares‘ latest report. The strong performance, coupled with recent Bitcoin price increases around $70,000, lifted the sector’s total assets under management (AuM) above $100 billion for only the second time.
This initiative could enhance grid stability and promote renewable energy integration, potentially setting a precedent for energy management innovation. The post Europe’s largest telecom provider to pilot Bitcoin mining using surplus renewable energy appeared first on Crypto Briefing.
In new findings by blockchain analyst ZachXBT, the crypto community faces a new wave of market manipulation schemes allegedly orchestrated by a figure named “Zopp0.” The report reveals how Zopp0, behind projects like SCALE, NTD, TPU, and OPSEC, exploited the influence of high-profile social media personalities to promote unverified projects, masking the lack of technical […]
