TL;DR Breakdown BTC/USD moved lower yesterday. Bitcoin trading near $30,000 support Next resistance at $34,000. Bitcoin price prediction for today is Bitcoin is bullish; however, caution is advised. BTC currently trades around $32,000 on Coinbase with a market cap of $588 billion. Cryptocurrency heat map by Coin360 As seen in the heat map, the market […]
Finlaw Associates to Submit Draft Cryptocurrency Regulation to Indian Govt as Community Demands for Clarity, Mr. Mishra Explains
A prominent Indian law firm Finlaw Associates along with Estonian Crypto Association recently announced its intention to submit a representation to the Indian government regarding cryptocurrency regulations in the country. The representation will be submitted to the Government of India’s Finance and Law Ministries by the last week of February 2021. Currently, the absence of […]
The Canada-listed firm said it's using the loans to order 5,400 units of MicroBT's WhatsMiner M30S, which are set to go online by February.The post Hut8 borrows ~$12M from DCG’s Foundry to order new bitcoin miners appeared first on The Block.
Bitcoin's fall from from $37,000 to below $30,000 within 48 hours saw the biggest daily red candle ever.
The new machines will add 475 PH/s to Hut 8's hash power.
Trusts for Chainlink, Basic Attention Token, Decentraland, Livepeer and Tezos were all recently registered in Delaware.
The company shares dived 45 percent from the peak achieved earlier this month.
On-chain Bitcoin metrics suggest that the price correction might play in bitcoin’s favor as whale accumulation has seen a significant surge over the past couple of days. Bitcoin price correction of 13% yesterday took it to below $30,000 level for the first time in 3 months, raising speculation about a long due market correction. 📈 The post Market Correction Or Bull’s Strategy, Why this Bitcoin Dip Might be Bullish And Not Bearish? appeared first on Coingape.
Skybridge Capital COO Brett Messing said increasing institutional investment into Bitcoin could propel Bitcoin’s price to half a million dollars.