Bitcoin

Bitcoin price metric suggests $15K surge after US elections — report

Bitcoin (BTC) has support to climb all the way to $15,000 if historic trends repeat themselves this year, a new report says. Compiled by crypto index fund provider Stack Funds on Oct. 15, the report highlights Bitcoin’s market cap vs. realized cap ratio (MVRV) fuelling gains, which could smash $12,000 resistance. Report expects “significant break” …

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Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”https://scoreit.online/wp-content/uploads/2020/10/daw_1456x360-23.jpg” alt width=”1456″ height=”360″></a></div><strong>Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA …

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YearnSwap Is All Set to Introduce Its Decentralized Ecosystem

<div class=”featured_image_container”> <img width=”1280″ height=”720″ src=”http://scoreit.online/wp-content/uploads/2020/10/yearnswap-1280×720-1.jpg” class=”story__img article__poster” alt loading=”lazy” srcset=”http://scoreit.online/wp-content/uploads/2020/10/yearnswap-1280×720-1.jpg 1280w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-300×169.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-1024×576.jpg 1024w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-768×432.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-696×392.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-1392×783.jpg 1392w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-1068×601.jpg 1068w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-747×420.jpg 747w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-190×107.jpg 190w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-380×214.jpg 380w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap-760×428.jpg 760w, https://news.bitcoin.com/wp-content/uploads/2020/10/yearnswap.jpg 1408w” sizes=”(max-width: 1280px) 100vw, 1280px”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/10/daw_1456x360-24.jpg” alt width=”1456″ height=”360″></a></div><span>LONDON, United …

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Market Wrap: Bitcoin Slips to $11.2K; Uniswap Flows Dominate Ether

Bitcoin is trending downward while ether transaction activity is showing Uniswap’s influence on the market. Bitcoin (BTC) trading around $11,359 as of 20:00 UTC (4 p.m. ET). Slipping 0.38% over the previous 24 hours. Bitcoin’s 24-hour range: $11,286-$11,555 BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on …

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Another ‘Sleeping Bitcoin’ Block Reward from 2010 Was Caught Waking Up After Ten Years

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/398623″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/10/lottery_major_1456x360_bch-4.jpg” alt width=”1456″ height=”360″></a></div><strong>Another 2010 block reward was spent on Wednesday morning (ET) adding to the great number of ‘Satoshi era’ or so-called ‘sleeping bitcoins’ waking up in 2020. The block reward with 50 bitcoins was created on November 11, 2010, …

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A $10B Firm Makes Bitcoin Its Primary Treasury Asset

Stone Ridge Holdings Group announces $50 million in new funding for its digital asset subsidiary as well as significant BTC treasury holdings. Our main discussion: Stone Ridge Holdings Group discloses $114 million in bitcoin treasury assets. NLW digs into what Stone Ridge is, why it spun off New York Digital Investments Group (NYDIG) and how …

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Fidelity says “there is almost no relationship between the returns of Bitcoin and other assets”

In recent years, a battle of the minds has surfaced on whether or not Bitcoin’s price is correlated with other financial assets, such as stocks. A recent report from Fidelity Digital Assets brings clarity to the argument. Fidelity’s lengthy report, titled Bitcoin Investment Thesis: Bitcoin’s Role As An Alternative Investment, shows not only a lack …

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A System of Robot Drug Dealers on Telegram Allows People to Buy Illegal Products for Bitcoin

There’s a new avenue darknet market (DNM) customers have found that allows them to purchase illegal wares 24 hours a day via a robot drug dealer hosted on Telegram. The platform dubbed ‘Televend,’ is an automated software program that peddles illicit narcotics for people paying with bitcoin and during the last few months, the complex …

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Ternio Joins Visa’s Fast Track Program As New Enablement Partner

ATLANTA, GA – October 13th, 2020. The global fintech platform Ternio, announced today that it has joined Visa’s Fast Track program as a cryptocurrency focused enablement partner. By becoming part of Visa’s Fast Track program, Ternio will be able to make it quicker and easier for fintechs to leverage Visa’s global payments network and introduce …

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Bitcoin price steady as $10B asset manager scoops up 10,000 BTC

Bitcoin (BTC) is winning the battle of the safe havens as another corporate buy-in sees $115 million enter its books. Asset management giant Stone Ridge confirmed that it made the significant purchase via its spin-off New York Digital Investment Group or NYDIG, which now has over $1 billion in assets under management. Economist: Fed must …

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