Bitcoin ETFs are causing a great deal of furore and excitement in the crypto sector. With SEC’s approval of a Bitcoin Futures ETF, analysts are scrambling to figure out how the move will affect the rallying king coin. During an episode of Bitcoin Fundamentals by The Investor’s Podcast Network , crypto influencer Preston Pysh spoke to […]

As the world’s most liquid asset, bitcoin’s price volatility in times of economic crisis likely reflects its independence, not lack of faith.

GameFi was launched as a one-stop hub for blockchain gamers and investors. Many gaming industry insiders equate the game finance ecosystem to DeFi. Kieran Warwick, the co-Founder at gaming platform Illuvium, explained how GameFi will fare against DeFi in a recent podcast. He stated that the addressable market for DeFi is limited by the population. […]

The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that he can buy the cryptocurrency […]

Michael Saylor Interview on The Center Cannot Hold, a show from Bitcoin Magazine podcast.

The new cryptocurrency trading platform by BTG Pactual had originally only supported Ethereum (ETH) and Bitcoin (BTC), but it now looks as if plans are being worked upon in order to enable the investment bank’s users to be successfully able to trade via a much wider range of different altcoins. As such, the Brazilian company … The post Brazil-Based Investment Bank BTG Pactual Releases A Cryptocurrency Trading Application appeared first on Tokenhell.

After just two months, United Wholesale Mortgage (UWM) decided to stop cryptocurrency payments as an option.

While financial scams are not uncommon in today’s world, of late the cryptocurrency industry appeared to be making a special name for itself. In the United States, the financial authorities have been keeping a keen eye on crypt businesses and investments. In fact, they have an alarming update for the industry again. Treasury Department’s Financial […]

The founder and chief executive officer of Pantera Capital says that investors can expect altcoins to outperform Bitcoin (BTC) in the long term. In a recent edition of Pantera’s Blockchain Letter, the head of the digital asset management firm outlines Dan Morehead’s key quotes from the SALT 2021 conference in New York. During the conference, […] The post Bitcoin Will Significantly Underperform Altcoin Market As New Crypto Price Era Unfolds: Pantera Capital’s Dan Morehead appeared first on The Daily Hodl.

In recent news, Robinhood has reportedly been testing out a new cryptocurrency wallet function that would allow its users to finally be able to withdraw cryptocurrencies from its application. Robinhood is a retail-trading platform that has long been asked about its crypto withdrawals and when its users could expect such a feature to be added. … The post Robinhood Is Likely Going To Introduce A Crypto Wallet Feature To Let Users Withdraw Crypto appeared first on Tokenhell.

Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks investor protection. Economist Sees Crypto Posing Risks to Financial Stability Eswar Prasad, the Nandlal P. […]

Gains seen in market leaders Bitcoin and Ethereum have propelled certain altcoins to new heights. Recently, the likes of Shiba Inu, Polkadot, MATIC and now Stellar have seen strong rallies amidst a risk-on broader market. While these coins garnered much interest from the crypto community, Cardano failed to deliver on bullish expectations. In fact, the […]

Read our LegacyFX review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this LegacyFX review before you sign up with the broker. The post LegacyFX Review – Is LegacyFX Scam or Legit? appeared first on Tokenhell.

Wild Pack Beverage Inc. has become the latest company to begin accepting bitcoin and crypto payments for products and services. Wild Pack Brings the Crypto Payment World Closer to Reality This has become a growing trend as of late. No doubt, the cryptocurrency space is becoming much stronger and heading deeper into mainstream territory as... The post Wild Pack Beverage Company Says “Yes” to Crypto Payments appeared first on Live Bitcoin News.

The revelations are simply confirmation for a group that has studied the economic injustices of today intently.

A popular cryptocurrency analyst and trader is outlining the path forward for smart contract platforms Solana (SOL) and Ethereum (ETH). The cryptocurrency analyst pseudonymously known as Smart Contracter tells his 173,800 Twitter followers that SOL is set to surge to a new record high after a period of accumulation. “Sol ATH [all-time high] soon anonymous. […] The post Solana Set for New All-Time High While Ethereum Still Has Juice in the Tank – Crypto Analyst appeared first on The Daily Hodl.

U.S. Federal Reserve Chairman Jerome Powell recently admitted that current inflation levels, which have been exceeding 5%, are getting uncomfortable. Well, it would seem that this discomfort won’t ease anytime soon. Especially since the same has since risen to 5.4% now. Investment in Bitcoin, the most popular cryptocurrency, can work as a hedge against inflation, […]

Historically, October has been a positive month for cryptocurrencies, and the cryptocurrency market continues to perform well for now. Bitcoin has stabilized above the $60000 level, and this situation also supports the price of Litecoin LTC/USD, Stellar XLM/USD, and Nano NANO/USD.The cryptocurrency market continues to attract big investors, and Allied Market Research recently reported that the global cryptocurrency market would hit $4.94 billion by 2030.Bitcoin advanced above $60,000 for the first time in six months on Friday, nearing its all-time high. One of the reasons behind this price move is that the U.S. Securities and Exchange Commission (SEC) will probably allow the first American bitcoin futures ETF to begin trading next week.The crypto market sentiment continues to improve and Chris Kline, chief operating officer and co-founder of Bitcoin IRA, said:It seems clear that regulators will approve some version of a crypto ETF soon, most likely by Monday. As regulators become more familiar with the space, the SEC is starting to understand how these assets are stored, secured, and reconciled so that it makes sense in traditional finance.Jerome Powell also said recently that the Fed had no intention of banning cryptocurrencies, while Meltem Demirors, Chief Strategy Officer (CSO) at digital asset investment firm CoinShares said that Bitcoin could hit $100000 by the end of the year.Litecoin, Stellar, and Nano could be some of Octobers best performers if this positive trend continues.LTC is very close to $200 resistanceLitecoin could advance even more in the ongoing bull market, and if the price jumps above $200 resistance, the next price target could be around $220 or even above.Data source: tradingview.comOn the other side, if the price falls below the $150 support level, it would be a firm “sell” signal, and we have the open way to the $130.XLM could stabilize above $0.50Stellar’s (XLM) price has advanced from $0.279 to $0.418 since the beginning of October 2021, and the current price stands at $0.413.Data source: tradingview.comIf the price jumps above $0.50 resistance, the next price target could be at $0.60. On the other side, if the price falls below $0.30 support, it would be a firm “sell” signal and trend reversal sign.NANO is trading above $5Nano’s price has advanced from $4.43 above $6 since the beginning of October 2021, and the current price stands at $5.37.Data source: tradingview.comIf the price jumps again above $6, it would be a signal to trade NANO, and the next price target could be at $6.5 or even above. The critical support level stands around $4, and if the price breaks it, that would be a strong sell signal.SummaryThe cryptocurrency market continues to perform well this trading week, Bitcoin has stabilized above the $60000 level, and this situation also supports the price of Litecoin, Stellar, and Nano. The crypto market sentiment continues to improve, and according to the latest news, the U.S. Securities and Exchange Commission (SEC) will probably allow the first American Bitcoin futures ETF to begin trading next week.The post Litecoin, Stellar, Nano price analysis roundup appeared first on Invezz.from Litecoin – Invezz

It appears to be a week of good news for the crypto community as another crypto company prepares to go live on the stock market. Bakkt, a crypto financial services company founded in 2018 and headquartered in Atlanta, has announced that it would go live on the New York Stock Exchange on Monday. Bakkt is … The post Tokenhell.com  Title: Another Crypto Company to Trade on NYSE Soon appeared first on Tokenhell.

Ethereum developer, Tim Beiko, recently updated on Twitter that the ETH POS Merge “will be a more complicated upgrade than past ones.” Therefore, he added that they will need some “extra buffer relative to their regular upgrade schedules” as they pushed up the EIP-4345 upgrade. He added, “A lot of the work will be towards […]

Ransomware attacks in the U.S. have been on a rise since late 2020, but it is particularly booming in 2021. This year, hackers have hit numerous U.S. companies in large-scale hacks. One such attack on pipeline operator Colonial Pipeline led to temporary fuel supply shortages on the U.S. East Coast. Hackers also targeted an Iowa-based agricultural company, sparking fears of disruptions to grain harvesting in the Midwest. Schools, insurance companies, and police departments have also suffered from these attacks. Related Reading | Questions Linger As FBI Recovers Colonial Pipeline Ransomware Crypto Funds In response to this, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), charged with safeguarding the financial system from illicit use, released a Financial Trend Analysis. FinCEN published the report on Friday, October 15, 2021. The report analyzed the considerable growth in ransomware payments in the first six months of 2021 and the relative difference from last year. Ransomware Attacks In The U.S. U.S. Treasury Secretary Janet L. Yellen recently noted, “Ransomware and cyber-attacks are victimizing businesses large and small across America and are a direct threat to our economy.” According to the report, FinCEN analysis of Suspicious Activity Reports (SARs) filed during the first half of 2021 indicates that it is an increasing threat to the U.S. Between January 1 and June 30, 2021, 635 SARs were filed, and 458 transactions were reported. This was 30% more than the total of 487 SARs filed for the entire 2020. The total value of suspected ransomware payments during the first half of 2021 was $590 million, more than the $416 million reported for the whole of 2020. Source: FinCEN Financial Trend Analysis The U.S. Treasury Department said the average amount of reported ransomware transactions per month in 2021 was $102.3 million. FinCEN identified bitcoin (BTC) as the most common payment method in reported transactions. Approximately $5.2 billion in outgoing BTC payments tied to the top 10 variants over the past three years. It noted that USD figures cited in this analysis are based on the value of BTC when the transactions occurred. BTC trading at over $60.7K | Source: BTCUSD on TradingView.com If the trends keep up, hackers could make more from ransomware this year than they did in the previous ten years combined. The U.S. Government’s Response The U.S. government has been working to clamp down on attacks from hackers. The Biden administration has made the government’s cybersecurity response a top priority following a series of attacks this year that threatened the U.S. energy and food supplies. Earlier this month, the Justice Department announced the launch of a National Cryptocurrency Enforcement Team to go after the exchanges that expedite crime-related transactions, like ransomware demands. Related Reading | U.S. Recovers Millions Paid In Bitcoin For Pipeline Ransomware In September, Wall Street Journal reported that the Biden administration was “preparing an array of actions, including sanctions, to make it harder for hackers to use digital currency.” Also last month, the Department of the Treasury’s Office of Foreign Assets Control sanctioned crypto exchange SUEX OTC, S.R.O. (SUEX) for facilitating financial transactions for ransomware actors. This action was the department’s first such move against a virtual currency exchange over ransomware activity. Coinciding with the release of the report, the Treasury Department released virtual currency guidance. The guidance said, “the virtual currency industry, including technology companies, exchangers, administrators, miners, wallet providers, and users, plays an increasingly critical role in preventing sanctioned persons from exploiting virtual currencies to evade sanctions and undermine U.S. foreign policy and national security interests.” Featured image by Bitcoin News, Chart from TradingView.com

Read our Global GT review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this Global GT review before you sign up with the broker. The post Global GT Review – Is Global GT Scam or Legit? appeared first on Tokenhell.

Multiple reports corroborate that the SEC could approve a Bitcoin Futures Exchange-Traded Fund next week and the regulator is reportedly no longer opposed to these products. These reports – of course among other factors, are currently breeding huge positive price changes for Bitcoin. They are solidifying the claims by the BTC price stock-to-flow model, whose […]

The most important innovation that the iPhone brought — which the crypto space needs to gain mass adoption — is the user experience.

Read our Blueberry Markets review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this Blueberry Markets review before you sign up with the broker. The post Blueberry Markets Review – Is Blueberry Markets Scam or Legit? appeared first on Tokenhell.

Following the latest report from Cambridge University that shows a large percentage of the Bitcoin network’s hashrate resides in the United States, the CEO of Twitter and Square, Jack Dorsey, has announced that Square is considering building a “bitcoin mining system based on custom silicon.” Square Considers Building a Mining System On the same day […]

The Bank of England’s new deputy governor Jon Cunliffe is telling regulators to get to work quickly when it comes to the growing cryptocurrency space. Jon Cunliffe Says Regulation Is a Must Digital currencies were ultimately created to push credit cards, fiat, and checks to the side. Basically, anything that’s issued by a bank or... The post Jon Cunliffe Insists the Crypto Space Must Be Regulated appeared first on Live Bitcoin News.

With Bitcoin on a gaining spree above $61K, the larger market has been overshadowed by the top coin’s gains. The story of the good old ‘blue chip’, Litecoin hasn’t been too different in that respect. However, Litecoin has been a steady gainer throughout October, and now as LTC was showing signs of a potential breakout […]

Rapid progress in quantum computing could pose a risk to certain types of bitcoin transactions. So how can we combat this risk?

The Commodities Futures Trading Commission (CFTC) is ordering the entities behind the Tether stablecoin (USDT) to pay $41 million in fines. According to a new press release, the CFTC charged Tether Holdings Limited, Tether Limited, Tether Operations Limited, and Tether International Limited for making “untrue or misleading statements and omissions of material” related to USDT. […] The post US Regulator Orders Tether To Pay $41,000,000 in Fines – Here’s Why appeared first on The Daily Hodl.

Crypto News Cast 📮 16-10-2021News SourceWelcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today24hours Cryptocurrency Market Cap:📈MarketCap:          $2474 B📊24h Mcap %:       -13.08%⚠️Bitcoin Dom:        46.20%📌Active Coins:       6460📍24h Vol %:          -16.81%💲24h Vol:               $104 BCrypto News Updates :U.S SEC Set To Allow First Bitcoin Futures ETF TradingCoinbase New NFT Platform Records 1.4Million Signups In Just 48HoursTesla Is Seeing $1 Billion Profit On Its Bitcoin ($BTC) InvestmentChinese President Considers Blockchain As An Important Approach In TransportA $69 Billion Australian Pension Fund Is Currently Exploring CryptocurrenciesRipple Supports The Development Of Digital British Pound CBDCMark Cuban Describes Ethereum To Have The Most Upside PotentialMorgan Creek Capital CEO Describes Bitcoin As The Best Form Of MoneyBillionaire Barry Owns Bitcoin And Ethereum As A Hedge Against InflationXRP Ranks First In the UK Retail Crypto Market, Followed By CardanoRegister at the best leverage exchangesBitMEX: https://bit.ly/2M74PX9Binance: https://bit.ly/34urfrJGemini: https://bit.ly/2IiqQDpFTXexchange: https://bit.ly/2SGhEL5Bittrex: https://bit.ly/3oSH8mhBraveBrowser: https://brave.com/nnr477BitYard: https://bit.ly/34fF7chByBit: https://bit.ly/36JuDQZ- U.S SEC Set To Allow First Bitcoin Futures ETF TradingAs per Bloomberg reports, The U.S. Securities and Exchange Commission notes that it will be allowing the first Bitcoin futures exchange-traded fund (ETF), while explaining that Bitcoin futures ETFs are different from Bitcoin ETFs in that they are on futures contracts. Meanwhile, The SEC Chair Gary Gensler recently discusses interest in reviewing applications for a bitcoin ETF tied to futures under the Investment Company Act of 1940. Read Full on theblockcrypto.- Coinbase New NFT Platform Records 1.4Million Signups In Just 48HoursCoinbase NFT waitlist, the peer-to-peer marketplace for non-fungible tokens (NFTs) hits more that 1.4 million signups only in less than 48 hours since the San Francisco-based crypto exchange made the announcement for the imminent launch of the platform on Tuesday. Currently, the waitlist counter for Coinbase NFT is sitting at 1,427,450 and already set to overtake 2 million mark by the end of the day. Read Full on Decrypt.- Tesla Is Seeing $1 Billion Profit On Its Bitcoin ($BTC) InvestmentAs per a filing with the U.S. Securities and Exchange Commission (SEC) by the Electric car maker Tesla, data reveals that it invested $1.5 billion in the largest cryptocurrency bitcoin, which has seen a $1 billion profit since then. Bitcoin investment tracker Bitcoin Treasuries reveals that Tesla owns around 43,200 BTC at the moment, representing a worth of $2.5 billion at current prices of around $57,400 according to CryptoCompare data. Read Full on CryptoGlobe.- Chinese President Considers Blockchain As An Important Approach In TransportAccording to a full transcript released by state-run Xinhua news agency, Chinese President Xi Jinping announced at the United Nations Global Sustainable Transport Conference that the country needs to support an innovation-driven strategy and then mentioned the integration of blockchain. Xi mentioned the integration of technologies such as big data, the internet, Ai and Blockchain with the transport sector will guarantee easier movement. Read Full on Forkast.- A $69 Billion Australian Pension Fund Is Currently Exploring CryptocurrenciesFinancial Times reports That Queensland Investment Corporation, the fifth-largest Australian pension fund is exploring cryptocurrencies. However, QIC's director and head of currency, Stuart Simmons says that the government-owned company will not invest much because of lack of regulatory clarity about cryptocurrencies in Australia. Still, this move by the $69 billion pension fund will change irrevocably for the industry. Read Full on U.Today.- Ripple Supports The Development Of Digital British Pound CBDCDuring a press statement, Ripple announces joining the development of a digital pound by partnering with the Digital Pound Foundation, a non-profit organization that assists in facilitating the rollout of Central Bank Digital Currency in the United Kingdom. The firm will be represented at the Foundation by Susan Friedman, who is also the Head of Policy, also this will show the height of the country’s support for innovation in crypto space. Read Full on Finbold.- Mark Cuban Describes Ethereum To Have The Most Upside PotentialThe American billionaire Mark Cuban, while in a recent interview for CNBC, urges newbies in the cryptocurrency industry to choose Ethereum (ETH) as an investment asset class, describing it as the biggest upside potential. Also, Cuban who in the past says it is easier to trade bananas than bitcoin, now calls it a better financial instrument than gold and also goes on to say that the largest cryptocurrency asset is better than gold. Read Full on CryptoPotato.- Morgan Creek Capital CEO Describes Bitcoin As The Best Form Of MoneyMark Yusko, CEO of Morgan Creek Capital says in an interview with Cointelegraph that Bitcoin is the best form of money, also will be the foundation structure of the internet of value. Mark says that Bitcoin will consume all of gold’s market cap, while pushing the BTC price to $500,000. Also, He predicts BTC to be worth around $250,000 within the next few years, while set to increase five-fold as it closes in on the "liquid” supply of gold at $4 trillion. Read Full on Bitcoin Magazine.- Billionaire Barry Owns Bitcoin And Ethereum As A Hedge Against InflationBarry Sternlicht, the Co-Founder of the investment fund Starwood Capital Group reveals during a recent interview with CNBC that bitcoin is a financial tool and can assist against the mass printing of fiat currencies. Also, Barry notes that he owns some of the asset due to its maximum supply of 21 million and goes on to describe the largest cryptocurrency as a store of value, calling it its only real purpose. Read Full on Bitcoin News.- XRP Ranks First In the UK Retail Crypto Market, Followed By CardanoAccording to reports by eToro, retail investors in the U.K. are currently giving more attention to the sixth-largest cryptocurrency, XRP by putting more of their funds in the assets than any other digital assets. XRP now ranks the number one crypto in the U.K. retail crypto market with a year-on-year growth in ownership by 105% increase. While, Cardano's ADA ranks second in the British investor's radar after XRP. Read Full on U.Today.

Bitcoin, for long, has been scrutinized for the benefits and risks it poses in terms of economic growth, financial system stability, and the welfare of society. While some call it the biggest financial innovation of the fourth industrial revolution, others believe in simply banning it. Banning crypto? Really? Investor Brock Pierce, in a recent interview […]

With the excitement around the impending launch of Bitcoin ETFs, MicroStrategy Inc. has seen the value of its Bitcoin investment double to $6.7 billion, becoming one of the biggest beneficiaries of the news of the launch.  Doubling Its Bitcoin Investment  MicroStrategy had officially acquired 114,042 Bitcoin at an aggregate price of $3.16 billion. The average price of each Bitcoin at the time of purchase was $27,713, which was inclusive of all fees and expenses.  MicroStrategy had purchased an additional 5,050 bitcoin for around $242.9 million. Over the 3rd quarter of 2021, MicroStrategy purchased 8,957 bitcoin for $419.9 million, with the average price of each bitcoin around $46,87. Their investment is now valued at $6.7 billion, with the current price of Bitcoin crossing $60,000 as the cryptocurrency approached record highs on Friday.  MicroStrategy’s Bitcoin Bet  Founder and chief executive of MicroStrategy, Michael Saylor, started to purchase Bitcoin in August 2020. At the time, he stated that it would be better to hold Bitcoin on MicroStrategy’s balance sheet rather than just cash or low-yielding US Securities, which was the accepted practice among most companies.  However, looking at MicroStrategy, other companies like Tesla and Square followed suit, which pushed Bitcoin’s price to a record high in April before the price fell once more.  Bitcoin Still Considered An Intangible Asset  While MicroStrategy has gained $3.54 billion since its investment, non-investment companies such as MicroStrategy are required to report Bitcoin as an intangible asset. What this means is that Bitcoin will be recorded on the company’s balance sheet at its historic cost and can be impaired if the value drops.  However, if the price of Bitcoin increases, the value cannot be revised. MicroStrategy has already written to the Financial Accounting Standards Board, stating,  “This disconnect between an entity’s financial statements and the economic reality of its financial condition and results of operations creates confusion and fails to provide investors, analysts, and the general public with the information they need to make an informed assessment of an entity’s current and future prospects.” Bitcoin’s Meteoric Rise Bitcoin climbed above the $60,000 mark for the first time since April as optimism among traders rose regarding the chances of the SEC greenlighting the first-ever bitcoin futures exchange-traded fund. If the SEC approves the ETF, then it would give mainstream investors significant exposure to Bitcoin, marking a pivotal moment in the crypto industry.  The Securities and Exchange Commission is all set to approve the first US Bitcoin futures exchange to start trading from next week, which will be a landmark victory for the crypto space. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Read our AscendEX review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this AscendEX review before you sign up with the exchange. The post AscendEX Review – Is AscendEX Scam or Legit? appeared first on Tokenhell.

Since announcing plans to adopt Bitcoin as legal tender through to the present time when the law is in full swing in the country, President of El Salvador Nayib Bukele has received a lot of support from cryptocurrency proponents, and just as many criticisms from skeptics. His critics who do not seem to have plans […]