Archive for November 7th, 2020

Elections, Votes, Polls, Choices and 20 Crypto Jokes

November 7, 2020 | By | Reply | 12 Readers More
Elections, Votes, Polls, Choices and 20 Crypto Jokes

A new crypto month started, and we learned that bitcoin and litecoin won October, while bitcoin mining difficulty saw its second-largest drop as soon as November begun. As nearly USD 1bn in bitcoin got moved, it turned out the US government was behind it. ETH 2.0 Phase 0 got scheduled for launch on December 1, […]

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Should You Invest in Forex?

November 7, 2020 | By | Reply | 13 Readers More
Should You Invest in Forex?

Forex is the common term for foreign currency exchange, which refers to the purchase of one currency using another. In a way, forex is the modern version of barter trade used by ancient humans to exchange goods between communities. The forex market today sees trades worth several trillions of dollars every single day. It is […]

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The Biden Effect: Bitcoin Price Plunged $850 Immediately After The Announcement

November 7, 2020 | By | Reply | 15 Readers More
The Biden Effect: Bitcoin Price Plunged $850 Immediately After The Announcement

The uncertainty seems to have come to an end: Biden is the new president of the United States after winning the decisive electoral votes of Georgia and Pennsylvania. At this moment, Biden has 290 votes out of the 270 needed to win the presidency, while Trump has only 214. And with only 34 votes in […]

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Bitcoin Futures Traders Are Too Bullish After Pump to $16,000

November 7, 2020 | By | Reply | 15 Readers More
Bitcoin Futures Traders Are Too Bullish After Pump to $16,000

It’s starting to appear that Bitcoin traders are a bit too bullish for their own liking. The leading cryptocurrency has exploded higher in the past two days, rallying from the weekly lows of $13,300 to highs near $16,000. This rally comes as the U.S. dollar has plunged lower on expectations that Joe Biden will be […]

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Crypto ATMs Grew 80% in 2020. Every Hour There’s a New Machine Installed

November 7, 2020 | By | Reply | 14 Readers More
Crypto ATMs Grew 80% in 2020. Every Hour There’s a New Machine Installed

Startups have taken note of the growing interest in cryptocurrencies, seizing the opportunity to position themselves in the market and Crypto ATM manufacturers are expanding more than ever. According to figures from the metrics website Coin ATM Radar, so far in 2020, there has been a growth of more than 80% in the deployment of […]

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Bitcoin Unmoved as Joe Biden Announced US President-Elect

November 7, 2020 | By | Reply | 15 Readers More
Bitcoin Unmoved as Joe Biden Announced US President-Elect

Joe Biden. Source: a screenshot, Instagram/joebiden On Saturday, after a few nail-biting days of vote-counting, Democratic candidate Joe Biden announced as the winner of the US presidential election, beating Donald Trump. Bitcoin (BTC) price is largely unmoved by the expected news and is trading in a range. Biden, who now should become the 46th president […]

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Chainlink, Ontology, Ethereum Classic Price Analysis: 07 November

November 7, 2020 | By | Reply | 22 Readers More
Chainlink, Ontology, Ethereum Classic Price Analysis: 07 November

The altcoin market has rallied on the tailcoat of Bitcoin’s price gains during the course of the past few days. At press time Bitcoin is being traded at $15,435 with a 24-hour trading volume of $21.8 billion. Source: CoinStats Altcoins like Chainlink, Ontology, and Ethereum Classic surged by up to 31 percent in the past […]

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4 on-chain metrics suggest Bitcoin price rally may not stop at $16,000

November 7, 2020 | By | Reply | 13 Readers More
4 on-chain metrics suggest Bitcoin price rally may not stop at $16,000

After rejecting at $15,960 on Nov.6 Bitcoin (BTC) price has been defending the $15,000 support level with strength. Based on four on-chain data points, analysts believe the rally might continue beyond $16,000. Analysts have pinpointed lower Bitcoin exchange reserves, unmoved supply, a rise in “stronger hands,” and unrealized profits as factors for the rally to […]

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Square’s Cash App generates $1 billion in quarterly revenue

November 7, 2020 | By | Reply | 17 Readers More
Square’s Cash App generates $1 billion in quarterly revenue

Square has released its third-quarter figures for the month, and the payment company has seen a massive increase in Bitcoin revenues, surpassing the $1 billion mark for the first time Square, the payment company by Jack Dorsey, reported massive numbers for the third quarter of the year. According to the Q3 investor letter published yesterday […]

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Telegram Loses Another GRAM Token-Centered Fight with Lantah

November 7, 2020 | By | Reply | 19 Readers More
Telegram Loses Another GRAM Token-Centered Fight with Lantah

Telegram is being made to pay more than $600,000 in legal fees to a company called Lantah over the use of the GRAM name that Telegram has given its recent cryptocurrency. Telegram Must Fork Over the Dough Lantah was developed in the year 2017 by a man named Daniel Jeffery. Lantah is looking to create […]

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