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Surging Crypto Prices Boosts Demand for Bitcoin Mining Rigs in Vietnam

Demand for bitcoin (BTC) mining rigs has increased by threefold in Vietnam since late August when the global crypto markets started showing signs of a fresh bull run. Market participants in the region say the prolonged COVID-19 pandemic has also made investors turn to crypto mining, according to a Vnexpress report on September 6, 2021.Read More дальше »

2021-9-7 21:00


Маркетмейкеры застраховались от рисков падения биткоина ниже $20 000

18 июля на бирже криптовалютных деривативов Deribit прошли две сделки по 500 пут-опционам на биткоин с экспирацией 31 декабря и ценами исполнения в $20 000 и $22 000.    💥Monster prints from early this morning on Paradigm31Dec 22k Puts trading 500x (500 BTC)31Dec 20k Puts trading 500x (500 BTC)cleared on @DeribitExchange Impossible to get liquidity on demand for this kind of size directly on the order-book! pic. дальше »

2021-7-20 10:36


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Professor Eswar Prasad: Bitcoin’s 3 flaws could spur demand for other cryptos

Apart from its damaging effect on the environment, Bitcoin (BTC/USD) is not as anonymous as generally assumed, and it is not effective as a means of payment, Cornell professor and author of the upcoming book The Future of Money: How the Digital Revolution is Transforming Currencies and Finance Eswar Prasad told CNBC in an interview. дальше »

2021-6-19 18:58


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General Motors CEO says client demand might see it accept BTC payments

Mary Barra, the CEO of American vehicle manufacturing company General Motors, has disclosed that nothing is stopping the firm from accepting Bitcoin (BTC/USD). Barra unveiled this news during an interview on June 16, noting that the company is ready to accept payments in the leading cryptocurrency provided there is consumer demand. дальше »

2021-6-18 23:27


Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom”

The price of Bitcoin has been bouncing this week, going from $31,000 on Tuesday to above $38,400 on Thursday. As of writing, BTC/USD is trading around $37,400. However, despite the jump, the price continues to be in the $30k-$40k range, and until either of the ends are breached, it is hard to pinpoint the direction […] The post Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom” first appeared on BitcoinExchangeGuide. дальше »

2021-6-11 16:25


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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum

Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »

2021-6-9 13:03


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RSK TVL Overtakes that of Lightning Network as Interest in DeFi on Bitcoin Rises

Bitcoin-powered smart contracts platform RSK Network has eclipsed Lightning Network (LN) in terms of total value locked (TVL) in BTC having over 1,445 bitcoins locked, a recent announcement reads. Strong Demand for DeFi on Bitcoin In yet another major milestone for the RSK community, the secure, decentralized, Bitcoin-based smart contract platform RSK Network announced thatRead More дальше »

2021-5-21 09:00


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Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC

Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least. дальше »

2021-4-30 05:30


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Fund Manager Bill Miller Says Bitcoin Is Not a Bubble — BTC Entering Mainstream as Demand Grows Faster Than Supply

Bill Miller, the founder and chief investment officer of Miller Value Partners, does not think bitcoin is a bubble. Instead, he said it is at the beginning of mainstream adoption. Remaining bullish on the cryptocurrency, the famed value investor explained that bitcoin’s price will rise as the demand for the crypto is growing faster than […] дальше »

2021-4-26 06:30


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Canada’s Purpose Bitcoin ETF Registers Zero Outflows, BTC Demand Present

The Bitcoin price is inching closer to $60k, racing past $58k and convincingly shaking off bears of last week. However, according to Lex Moskovski, the retail demand for the world’s most valuable coin is there if the status of one of the leading Bitcoin Exchange-Traded Fund (ETF) and the first in Canada, Purpose Bitcoin ETF,Read More дальше »

2021-3-30 01:00


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Launch of CBDCs will Lower Bitcoin Demand, Says Bank of Korea Governor

The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More дальше »

2021-3-27 15:00


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Institutional Interest in Bitcoin Still Red Hot Despite Price Slump

METACO has announced on March 25, 2021, that it has now integrated IBM’s confidential cloud computing and Hyper Protect Services infrastructure into its processes, in a bid to further strengthen its platform and make it safer for its institutional clients, as well as large financial institutions to handle cryptocurrencies. дальше »

2021-3-26 19:00