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Bitcoin Spikes to a 2-Month High Above $42K: Up 25% in July (Market Watch)

July 31, 2021 ADABTC, ADAUSD, BCHBTC, BCHUSD, Bitcoin (BTC) Price, BNBBTC, BNBUSD, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, DOGEBTC, DOGEUSD, DOTBTC, dotusd, DOTUSDT, ETHBTC, ETHUSD, featured1, LINKBTC, LINKUSD, LTCBTC, LTCUSD, Market Updates, social, UNIBTC, UNIUSD, UNIUSDT, XRPBTC, XRPUSD Eddy 0

Bitcoin has initiated another leg up, resulting in charting a new two-month high of just over $42,000. Apart from Chainlink, most alternative coins trail behind, and BTC’s market dominance has increased to well above 48%. Bitcoin Taps a 2-Month High As reported earlier this week, bitcoin went on a tear after dabbling with the $33,000 […]

$45B Asset Manager GoldenTree Has Reportedly Bought Bitcoin

July 31, 2021 AA News, Bitcoin, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, social Eddy 0

GoldenTree Asset Management, a US asset management giant with $45B in AUM, has reportedly purchased portions of the primary cryptocurrency. The move aims to diversify some of the organization’s already existing strategies. Founded over two decades ago, GoldenTree is an asset manager headquartered in New York City with offices in numerous other important financial cities […]

Mastercard Has to Be in the Cryptocurrency Space, Says CEO

July 30, 2021 AA News, CBDC, Crypto News, MasterCard, social, Stablecoins Eddy 0

As cryptocurrency adoption enters a mainstream stage, traditional financial services platforms are trying to adapt to the changing financial ecosystem. To maintain their importance in this industry, payment processors like Mastercard and Visa intend to use their large client base and international reach to attract both government and private entities when they are testing their […]

Bitcoin’s Back to $40K, Millions of Shorts Liquidated: The Weekly Crypto Recap

July 30, 2021 Binance Coin, Bitcoin, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, Ethereum, featured1, Market Updates, social, Solana, United States Eddy 0

After weeks of prolonged consolidation and choppy sideways action in a very squeezed and narrow range, Bitcoin finally broke out. Fortunately, it was to the upside. Over the past week, BTC is up by a considerable 20%. At the time of this writing, it’s trading at around $39K, having pulled back slightly from the psychological […]

MicroStrategy to Buy More Bitcoin Despite Q2 Impairment Loss

July 30, 2021 AA News, Bitcoin, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, michael saylor, microstrategy, social Eddy 0

The NASDAQ-listed software giant MicroStrategy has seen a total impairment loss of nearly $700 million in Q2 2021 from its massive bitcoin investments. As this is only on paper, though, the company pledged to double down on its BTC strategy and continue to accumulate more. MicroStrategy’s Q2 BTC Impairment Loss Michael Saylor’s brainchild has become […]

Local-Top Indicators Flash for Bitcoin: 3rd Biggest Whale Sent 3,000 BTC to Coinbase

July 30, 2021 AA News, Bitcoin, Bitcoin (BTC) Price, Bitcoin Whales, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, social Eddy 0

BTC’s recent 9 daily candle streak to the upside has been very impressive. We have been tracking the third-largest BTC whale wallet and found interesting activity and signals. The whale entity, at one point, held over 116,841 BTC. Its current total BTC holdings stand at 113,841. The recent sales from this address since April 2021 […]

Investing in Dogecoin Is Worse Than Gambling, Says Kevin O’Leary

July 30, 2021 AA News, Crypto News, DOGEBTC, dogecoin, DOGEUSD, social Eddy 0

Investing in a meme coin like Dogecoin is like putting your funds on red or black in a casino, said the popular investor – Kevin O’Leary. He went even further in a recent interview, indicating that it has no inherent value and should be classified as pure speculation. O’Leary: Dogecoin is Pure Speculation The meme […]

Binance Halts Derivatives Products for Users in Italy, Germany, and the Netherlands

July 30, 2021 AA News, Binance, Crypto News, social Eddy 0

The world’s leading cryptocurrency exchange has announced that it will cease providing futures and derivatives products in three European countries. Users from the Netherlands, Italy, and Germany have three months to close their positions. According to an announcement from July 30th, customers from the aforementioned countries cannot open new futures accounts on Binance with “immediate […]

Bitcoin Stagnant Amid $40K: Solana Soars 14% (Market Watch)

July 30, 2021 ADABTC, ADAUSD, BCHBTC, BCHUSD, Bitcoin (BTC) Price, BNBBTC, BNBUSD, BTCEUR, BTCGBP, BTCUSD, BTCUSDT, Crypto News, DOGEBTC, DOGEUSD, DOTBTC, dotusd, DOTUSDT, ETHBTC, ETHUSD, featured1, LINKBTC, LINKUSD, LTCBTC, LTCUSD, Market Updates, social, Solana (SOL) Price, UNIBTC, UNIUSD, UNIUSDT Eddy 0

After gaining $6,000 in a few days, bitcoin’s price has calmed around the coveted $40,000 mark. Some alternative coins have outperformed their leader in the past 24 hours with notable gains from XRP, UNI, LINK, and SOL. SOL Rises 14% as ETH Touches $2.4K The past several days have been highly bullish for the alternative […]

Number of Crypto Users Doubled in Just 6 Months: Survey

July 29, 2021 AA News, Bitcoin, Bitcoin Adoption, Crypto News, social, Total Market Cap Eddy 0

It seems the number of crypto users has doubled since January 21 this year, according to research on global crypto adoption by Crypto.com. The report gathered information from 24 leading crypto exchanges using on-chain data based on various parameters —identifying over 220 million users by the end of June. February and May were the months when the […]

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