Author Archives: creative

Pro traders avoid Bitcoin longs while cautiously watching DXY strengthen

Large corporations are buying Bitcoin at an accelerating pace, but pro traders are reluctant to open BTC longs while the dollar index strengthens. Bitcoin (BTC) price might have re-established $50,000 as a support, but the optimism of professional traders is nowhere near the levels seen before the 26% drop to $43,000 on Feb. 28.  The current scenario is far from bearish, but derivatives indicators do not reflect the substantial purchases from institutional clients, including Microstrategy, Meitu, and most recently, Aker ASA, a Norweigian oil conglomerate. Bitcoin price, […]

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Biden’s $2 Trillion Relief Package the Largest Stimulus Payments to-Date, Plan Showers Money on the Bureaucracy

On Saturday, politicians in the U.S. approved the massive $1.9 trillion Covid-19 relief package dubbed President Biden’s “American Rescue Plan.” The stimulus plan will see American citizens earning $75k or less eligible to receive $1,400. Moreover, households will get an additional $1,400 for every dependent child claimed. Despite the direct cash payments, Biden’s American Rescue Plan is also filled with pork-barrel items that have nothing to do with coronavirus relief. The So-Called ‘American Rescue Plan’ Americans are expecting a third stimulus check in the near future, after […]

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PokerTON on Telegram: Game Community Reaches 85,000 in 2020 and Continues to Grow Rapidly

PRESS RELEASE. PokerTON – a Telegram-based platform for playing poker. PokerTON is one of the most successful projects of the Free TON blockchain affiliate program for companies that are implementing a TON Crystal in their business processes as payment methods. Since its release in May 2020, the PokerTON community has grown to 85,000 people worldwide and continues to grow rapidly. In May 2021 PokerTON had 120,000 players on the platform. Free TON blockchain platform successfully launched in May 2020. At the end of the year, the Free […]

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PayPal purchases crypto custody firm Curv

The platform said it plans to complete the acquisition before the third quarter of 2021. Payments giant PayPal has acquired Israel-based crypto custody firm Curv for an undisclosed amount. According to PayPal, the firm purchased Curv as part of its initiative to support cryptocurrencies and digital assets. The platform said it plans to complete the acquisition before the third quarter of 2021, but did not disclose the purchase amount. Israel-based media outlet Calcalist said last week that Curv may have sold for between $200 million and $300 […]

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Ethereum rolls out Berlin upgrade with 4 EIPs

The mainnet launch, which is expected to take place on Apr. 14, incorporates four Ethereum Improvement Protocols. After months of planning, the Ethereum community has laid out a timeline for its upcoming Berlin upgrade, marking an important milestone in its development roadmap.  Berlin is scheduled to go live on the Ethereum mainnet at block 12,244,000, or Apr. 14, Tim Beiko wrote on Monday. Ropsten, the first testnet to upgrade, is scheduled for Mar. 10. The Goerli and Rinkeby networks are expected to upgrade in one-week increments on […]

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Price analysis 3/8: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LINK, LTC, BCH

Bitcoin and altcoins are picking up momentum as bulls attempt to secure a daily close above the $52,000 level. Data from Glassnode shows that Bitcoin (BTC) held on centralized exchanges has dropped by about 20% in the past 12 months. This suggests that investors are withdrawing their Bitcoin to the cold storage with a view of possibly holding them for the long term. This has reduced the available supply while the demand has continued to increase.  The arrival of exchange-traded funds could increase the supply crunch further. […]

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In Shareholder Letter, Seetee Founder Makes Bull Case For Bitcoin

In announcing bitcoin-focused company Settee to shareholders of Aker ASA, billionaire Kjell Inge Røkke made a notably bullish case for BTC. Aker ASA, a Norwegian holding company that is majority owned by billionaire Kjell Inge Røkke, has announced the formation of a new company called Seetee in a letter to shareholders. The company will focus on investing in Bitcoin-focused projects and will hold all liquid assets in bitcoin. “First, we will use bitcoin as our trea­sury as­set and join the community,” the letter, penned by Røkke, reads. […]

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Cointelegraph celebrates International Women’s Day with all-star roundtable of female crypto leads

Some of the most influential women in crypto share their unique insights and experiences in a Mar. 8 live stream hosted by Cointelegraph. According to the World Economic Forum, at the current rate of development, gender inequality in the world will “equalize” in 99.5 years. At the same time, the most hindering sectors for women’s participation are economic and political ones. Against this backdrop, International Women’s Day celebrates the social, economic and cultural achievements of women all over the world. To commemorate this important day, Cointelegraph has […]

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Women, decentralization and the world’s economic drive: Experts answer

Here’s what crypto and blockchain industry experts think about the role of women in the fintech space and global economic development. The economic recession of 2008 to 2009 resulted in the invention of Bitcoin (BTC), creating a brand new financial system that is now growing and developing rapidly. Back then, the Harvard Business Review published an article titled “The Female Economy” pointing out that about $20 trillion of the annual consumer spending in the world was controlled by women, and “That figure could climb as high as […]

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IRS Launches ‘Operation Hidden Treasure’ to Target Unreported Crypto Income

The U.S. Internal Revenue Service (IRS) has reportedly launched an operation to target cryptocurrency investors. Dubbed “Operation Hidden Treasure,” the team consists of agents trained in the field of cryptocurrency and transaction tracking. Damon Rowe, Executive Director at the IRS Office of Fraud Enforcement, unveiled “Operation Hidden Treasure” last week at a Federal Bar Association presentation on combating fraud, Forbes reported. The long-time veteran of the IRS Criminal Investigation division explained that the office has put together a dedicated team of IRS criminal investigation professionals to work […]

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