Monthly Archives: September 2021

Bitcoin Is Lying In Wait

Although the price of bitcoin remains relatively stable, there is reason to believe a major breakout is imminent. Headline: Bitcoin Is Lying In Wait Description: Although the price of bitcoin remains relatively stable, there is reason to believe a major breakout is imminent. SEO: Bitcoin Is Lying In Wait By: Dion Guillaume Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis. Summary of the Week This week was relatively […]

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Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi

Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway. An important part of preserving investing profits is knowing when an asset or sector is showing signs of exhaustion and when a sector rotation is underway.  This is especially important in the rapidly moving cryptocurrency markets, which can change direction in a heartbeat and turn crypto millionaires into depressed bag holders. Most investors know that the nonfungible token (NFT) sector has been on fire since July, and […]

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End of August’s NFT Sales Tapped All-Time High at $1 Billion, Last Week’s NFT Sales Hit $821 Million

Data shows that non-fungible token (NFT) assets continue to break record sales week after week as statistics show over $1 billion in NFT sales took place during the last week of August. Meanwhile, this week’s data shows $821 million in NFT sales have been settled so far, dropping a hair since the week prior. Weekly Stats Show NFT Sales Are Still on Fire Non-fungible tokens (NFTs) have become extremely popular and a great number of NFTs are selling for hundreds of thousands or millions of dollars in […]

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Bitcoin Is Seperate From “Crypto”

The difference between the two is becoming more and more apparent as bitcoin is poised to challenge the world’s monetary system. The below article was originally published in Marty’s Bent Issue #1069: “Bitcoin Is Separate From ‘Crypto’” There are many out there who believe that Bitcoin falls under the “crypto” umbrella. This could not be further from the case. “Crypto” is designated for the affinity scams that launched in Bitcoin’s wake and attempt to leverage its pedigree and latch on to its narrative to sell useless tokens […]

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Banks vs. exchanges — regulators overwhelmingly penalize fiat, not crypto

Data from a recent report suggest that enforcement actions from U.S. regulators against those in the crypto space cost those firms less than 1% of that in traditional finance for the last 20 years. While regulators have often targeted projects in and out of the crypto space, the fines levied against digital asset exchanges are a fraction of those against traditional financial institutions. According to data from Good Jobs First’s violation tracker, the platform analyzed 50 of the biggest fines regulators levied against major banks, investment firms, […]

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Price analysis 9/3: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK

This week’s sharp rally in Bitcoin and Ether signals that bulls are back in control and altcoins are likely to follow. Bitcoin (BTC) finally broke above the $50,500 resistance and Ether (ETH) has risen above the $4,000 mark. This suggests that there is growing interest in cryptocurrencies and several legacy finance companies are initiating steps to tap into this increasing demand. One of the world’s largest independent asset managers, Franklin Templeton, has posted fresh job applications for medium to senior-level positions in crypto trading and research, according […]

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Binance pushes back against warning from South Africa regulator

Though the FSCA is an agency of the South African government, Binance claimed the country’s Financial Intelligence Centre was the “major regulator” with which it had been working to be in compliance with local laws. In response to a warning from South Africa’s Financial Sector Conduct Authority, major cryptocurrency exchange Binance has said it is in compliance with local regulators and is not offering financial advice or intermediary services to residents. In a Friday statement from Binance, the crypto exchange implied the warning from the Financial Sector […]

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Mastermind of Zimbabwean Bitcoin Pyramid Scheme Vanishes With $6 Million

Reports from Zimbabwe suggest that an individual by the name of Martin Mhlanga, who is the mastermind behind the Cryptoshares bitcoin pyramid scheme, has disappeared along with over $6 million in investor funds. In addition to Mhlanga’s disappearance, the individuals thought to be managing Cryptoshares’ social media channels have similarly vanished. Unrealistic Cryptoshares Promises As one local report explains, Mhlanga had successfully used a series of unrealistic promises to lure many unsuspecting people into investing. For instance, the report explains that many of the victims had been […]

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Hashrate Follows Price: Bitcoin Hashrate Jumps 92% in 2 Months, Difficulty Expected to Increase in 4 Days

Bitcoin prices have improved a great deal in recent times and the network’s hashrate remains higher than it was 67 days ago when it tapped a low of 69 exahash on June 28. Today, statistics show Bitcoin’s hashrate has increased more than 92% since then and the network is due for another increased difficulty change in four days. Bitcoin’s Hashrate Improves a Great Deal in 2 Months Bitcoin has risen more than 7% in fiat value during the last seven days and has a market capitalization of […]

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Mercado Bitcoin Is The New Sponsor Of Brazilian Football Club Corinthians

The biggest bitcoin exchange in Latin America is the new sponsor of Corinthians, one of the most popular football clubs in Brazil. Mercado Bitcoin, the biggest bitcoin exchange in Latin America, has secured a sponsorship deal with Brazilian football team Sport Club Corinthians Paulista, one of the most popular football clubs in the country. The agreement, announced during the club’s 111th anniversary on September 1, details that Mercado Bitcoin will sponsor Corinthians through 16 months to have its logo stamped in the club jersey’s front-facing side — the most […]

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