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Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak
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Kategorie: Crypto Flash News

Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations

Dezember 5, 2023 coinmakerCrypto Flash News

Bitcoin futures data counters the assumption that BTC’s rally to $42,000 was primarily propelled by shorts liquidations. What is next for BTC? In the past seven days, Bitcoin (BTC) experienced a whopping 14.5% surge, hitting a 20-month high at $41,130…

ParaSpace to continue NFT lending as it rebrands to Parallel Finance

Dezember 5, 2023 coinmakerCrypto Flash News

The protocol will expand to liquid staking and layer-2 solutions while retaining its NFT lending services. Despite rebranding to Parallel Finance for a greater focus on the decentralized finance (DeFi) ecosystem, the nonfungible token (NFT) lending protocol ParaSpace will continue…

Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4

Dezember 4, 2023 coinmakerCrypto Flash News

Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared. Last week, His Majesty’s Revenue and Customs (HMRC) presented an unpleasant Christmas surprise to hodlers in the United Kingdom,…

IBM says it will have hit a quantum computing ‘inflection point’ by 2029

Dezember 4, 2023 coinmakerCrypto Flash News

Big Blue’s roadmap says it’s on pace to execute 100 million gates over 200 qubits in 2029 before a 10x improvement by 2033. IBM announced the unveiling of its 1,121-qubit “Condor” quantum computing processor on Dec. Alongside the new chip,…

Coinbase initiative announces crypto-themed US presidential forum

Dezember 4, 2023 coinmakerCrypto Flash News

Presidential candidates Asa Hutchinson, Vivek Ramaswamy and Dean Phillips will discuss blockchain and crypto ahead of the New Hampshire Primary. The “Stand With Crypto” campaign launched by cryptocurrency exchange Coinbase plans to bring candidates for the 2024 United States presidential…

Price analysis 12/4: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

Dezember 4, 2023 coinmakerCrypto Flash News

Altcoins show compelling technical setups after Bitcoin price blew past $42,000 on December 4. Bitcoin (BTC) and Ether (ETH) surged above their respective overhead resistance levels on Dec. Cryptocurrency exchange Bybit said in its 4th quarter report that institutional traders…

Meta’s AI boss says there’s an ‘AI war’ underway, and Nvidia is ‘supplying the weapons’

Dezember 4, 2023 coinmakerCrypto Flash News

The outspoken executive also said that Meta isn’t pursuing quantum computing because it isn’t currently useful. Meta AI boss Yann LeCun sounded off on the industry-wide state of artificial intelligence (AI) and quantum computing during a recent event to celebrate…

How to prepare for the next crypto bull market: 5 simple steps

Dezember 4, 2023 coinmakerCrypto Flash News

The latest Cointelegraph Report explains how to prepare for the next crypto bull run in five simple steps. The next bull market could kick off as soon as next year, propelled by catalysts such as the upcoming Bitcoin (BTC) halving…

Cosmos-based networks Umee and Osmosis to merge, creating ‘DeFi Hub’

Dezember 4, 2023 coinmakerCrypto Flash News

Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks. Cosmos-based networks Umee and Osmosis will merge via a software upgrade, according to a Dec. Umee user interface. Source: Umee Umee is a…

El Salvador’s Bitcoin portfolio swings to profit

Dezember 4, 2023 coinmakerCrypto Flash News

The country’s Bitcoin investment has returned to profit after a devastating crypto winter. According to a Dec. 4 post by Salvadoran President Nayib Bukele, the country’s cumulative Bitcoin (BTC) investments currently amount to $131 million with a net profit of…

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Crypto Flash News
Dezember 5, 2023

Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures’ in revenue

The trading platform posted a sharp rise in monthly crypto trading volumes…

Crypto Flash News
Dezember 5, 2023

Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals

It adds to a prior agreement in which Riot bought 33,280 miners…

Crypto Flash News
Dezember 5, 2023

Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’

The anticipated Bitcoin halving and potential ETF approvals have lit “some serious…

Crypto Flash News
Dezember 5, 2023

Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak

Nearly $1.8 billion flowed into crypto investment products over the last 10…

Crypto Flash News
Dezember 5, 2023

Brazil’s largest bank Itaú Unibanco launches Bitcoin trading — Report

Brazilian bank Itaú Unibanco has reportedly launched a cryptocurrency trading service for…

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