Commodities &

Ethereum to Become Basis for Digital Shekel: Bloomberg

Bloomberg has reported that the Bank of Israel plans to use the second largest blockchain platform Ethereum for emitting a digital version of its currency shekel. The course cited by the Israeli financial daily edition Globes. No comments from the bank have followed yet. Other major countries at the moment...
Picture for Ethereum to Become Basis for Digital Shekel: Bloomberg

China is afraid of Bitcoin

The crypto market had a dangerous moment yesterday. A negative news backdrop forced investors to close positions, which resulted in a broad sell-off of Bitcoin and a drop below the most important technical and psychological level of $30K. The benchmark cryptocurrency fell as low as $29K, where it was helped by buyers who were waiting for the moment to buy the asset at a substantial discount. By Thursday morning, the coin had bounced up 4% and was trading around $34,000. Bitcoin is once again proving its unique role in the crypto market, as all other coins would very likely have just gone into freefall.
Picture for China is afraid of Bitcoin

How many lives does Bitcoin have?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For this week’s deep dive Danny, Alex, and a bunch of the TechCrunch crew took on the recent happenings in the world of Bitcoin. In a break from our regular format, we recorded live from a Twitter Space — it’s like a Clubhouse, but closer to where your social network is — so the audio quality is not going to be Utterly Perfect. But we think the conversation will more than make up for it!

First Mideast Bitcoin Fund Lists On Nasdaq Dubai Exchange

The Bitcoin Fund, a Canadian, closed-end bitcoin investment fund, became the first of its kind to trade in the Middle East after being listed on the Nasdaq Dubai Exchange, reported Bloomberg. With the Mideast listing, the fund intends to allow trading of its shares around the globe, around the clock.

Bitcoin is turning out to be a huge blessing for El Salvador

BTC ATM manufacturer to set up base in El Salvador. El Salvador has made the news this month with its direct approach to matters crypto. It all began when the country’s president announced that Bitcoin would be legal tender. Since then, a lot has happened, both positive and negative. On one hand, the UN isn’t happy that El Salvador is adopting BTC. The organization turned down the country’s request for help with its new economic transition.

What is WTF Coin? How and where to buy

WTF Coin is a cryptocurrency trending as a result of a Euro 2020 pitch invader, who was escorted off the field during the Belgium and Finland match this week while wearing a vest advertising the crypto. So what is WTF Coin, and how and where can you buy it?. How...

BIS Goes for Jugular on Bitcoin, Touts CBDCs

The hits keep coming for bitcoin. Most recently, the Bank for International Settlements (BIS) is piling it on, finding more faults with the biggest cryptocurrency than any redeeming qualities. The BIS stated in its latest Annual Economic Report:. “By now, it is clear that cryptocurrencies are speculative assets rather than...

Bitcoin Breaks Key Barrier, Ethereum and Altcoins Gain Momentum

Bitcoin price started a strong increase above the USD 32,000 level. BTC even broke the USD 33,500 and USD 34,000 resistance levels. The current (12:15 PM UTC) price action suggests a possibility of more upsides above USD 34,500 in the near term. Similarly, most major altcoins are showing positive signs....
Commodities & FuturePosted by
Robb Report

You Can Buy This Massive 101-Carat Diamond for $15 Million in Cryptocurrency

Got a lot of crypto on your Ledger? You can now use it to buy a diamond larger than one of Queen Elizabeth II’s beloved brooches. On Monday, Sotheby’s announced that cryptocurrency will be accepted as payment for a rare 101.38-carat pear-shaped D Flawless diamond scheduled to be sold at auction in July. With an estimated value between $10 million and $15 million, the stone—named The Key 10138—is believed to be the most valuable item ever sold for cryptocurrency in a public sale. The pear-shaped diamond will be offered in a single-lot live sale at Sotheby’s Hong Kong on July 9. While you can of course buy the stone with fiat money, you can also exchange Bitcoin or Ethereum for it. All transactions will be facilitated through Coinbase Commerce, one of the world’s largest cryptocurrency exchanges.

Chart Art: Long-Term Trades on AUD/JPY and EUR/AUD

We’re all about the Aussie today as we explore opportunities on AUD/JPY and EUR/AUD‘s charts. Pullback alert! AUD/JPY dropped like a rock late last week, which was enough to send the Aussie below AUD/JPY’s rising wedge support on the daily time frame. Are we seeing a longer-term reversal for AUD/JPY?

BTC, ETH, LTC, and XLM Price Analysis for June 23

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Bitcoin: ‘One nice thing about a death cross is’ you can look forward to this

Bitcoin’s price has been revolving in the lower and mid $30k level over the past few days. The largest crypto’s price has been bearish over the past month. In fact, people from the community have derisively started stating that BTC’s price has now been officially pegged to $35k forever. The asset also had to deal with the death cross.

How to Convert BTC to LTC: The Easiest and Legal Way to Create a Crypto Wallet

Crypto currency is no longer something unreal. Nowadays, it is a good full payment method on the Internet. What is more, a large number of people use it as a profitable source of income. If you convert your money (be it USD or EUR) to crypto on a reliable online exchange, you get a wide range of opportunities to seize. It is a legal way of converting your money to online currency. That's because there is no point in worrying.
MarketsPosted by

Central bank digital currencies get full BIS backing

LONDON (Reuters) - The Bank for International Settlements has given its full backing to the development of central bank digital currencies (CBDCs), saying they are needed to modernise finance and ensure ‘Big Tech’ does not take control of money. Dubbed the central bank to the world’s central banks, the BIS,...

Bitcoin entering a bullish correction or trend 6/23/21

On a higher timeframe basis: We held exhaustion above at $64,735-$66,145 with a $65,520 high, which I said could roll this into a correction exceeding $11,000—we have seen $36,720 so far, but this is now ON HOLD. On a lower timeframe basis: We held exhaustion below at $29,075-6,905 with a $28,800 low and bounced $4,510 settling back above $30,205. I warned that holding the exhaustion area and settling back above the $30,205 low is an early warning this move down from the high may be over, and the overnight break back above $32,815 (+5 per/hour) gives this added confirmation and also warns of decent renewed strength, likely for days/weeks and a likely run toward $41,330 (++). CLICK HERE FOR FULL ARTICLE.

As Opined by Eric Dalius, Bitcoin Trends Need Evaluation in the Crypto Market

If you are aware of cryptocurrency and Bitcoin, you must know mining and trading in Bitcoin. Millions of entrepreneurs these days are taking to the digital platform for advancing their business operations. However, you require a comprehensive understanding of market operations for trading in Bitcoin. Learning the fundamental aspects will help you sail through the procedure. Before you initiate your processes, you must take the help of Bitcoin investors. These people will provide you with expert advice associated with a cryptocurrency exchange. Next, you have to work on your connectivity and payment method. As upheld by Eric Dalius, Bitcoin traders should closely analyze the market trends. He is a leading cryptocurrency expert who has gained immense popularity in the real estate arena as well.
U.S. PoliticsForbes

Say Goodbye To Bitcoin And Say Hello To The Digital Dollar

Yesterday we talked about the prospects of a digital dollar coming down the pike. It seems clear that global governments will not allow non-sovereign forms of money to continue to proliferate. The Senate Banking committee's hearing on the digital dollar two weeks ago was not only a public exploration and...

Bukele Teases Volcano-powered Bitcoin Mining Center as Exchange Arrives

Not everybody in El Salvador may be aboard the Bitcoin (BTC) boat – but the nation’s bullishly pro-BTC President Nayib Bukele appears set to press ahead with his crypto plans nonetheless, with an overseas exchange opening its doors for business and a “sneak peek” at the nation’s new “green” mining center.