🔰Marketcap dropped following the Bitcoin price rejection at 50K

📃The week starts with a pullback as the total market cap is down about $70 billion. This happens as Bitcoin’s price got rejected at the coveted $50K level.

📈 #Funda
🗞 #News

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🔰Dogecoin drops 23% as Elon Musk slams DOGE rich list

📃 Tesla CEO Elon Musk says that if the distribution of Dogecoin does not become more even, he may stop endorsing it. Little over seven hours later, the Dogecoin price had plunged 23%, from $0.063 to $0.048.

📈 #Funda
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🔰 USDT-settled futures contracts are gaining popularity

📃 Tether settlement contracts are easier to manage because their returns are linear and, like Bitcoin, are not affected by sharp price fluctuations.

📈 #Funda
🗞 #News

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🔰 Banks are about to get into crypto

📃 Deutsche Bank and BNY Mellon are planning for custody services. Experts say building custody solutions is tricky, but will become crucially important as crypto grows more valuable.

📈 #Funda
🗞 #News

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🔰 $12M investment in trading platform Synthetix

📃 Coinbase Ventures, Paradigm and IOSG are the venture capital firms which have recently invested in Synthetix through buying $12M of the platform's token.

📈 #Funda
🗞 #News

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🔰Institutional adoption underscores urgency of clear crypto rules

📃 SEC commissioner Hester Peirce believes that clear cryptocurrency rules are needed now more than ever due to firms like Tesla and Mastercard actively embracing the alternative asset class.

📈 #Funda
🗞 #News

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🔰 SBI Holdings plans to set up a joint crypto venture

📃 SBI CEO Yoshitaka Kitao said that the Japanese company is in talks with other financial firms to launch a crypto venture, Reuters reports Feb. 15. The executive said that SBI currently has two potential deals.

📈 #Funda
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💠 Hard Fork

💠 Blockchain and cryptocurrency term collection (Part 9)

♦️ To see more , just click on the image below ♦️

#Training

📉 Current Cryptocurrency Market

🔺 24-hours Average Market Changes and The Dominance of Cryptocurrencies

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💠 Theta price hit a new all-time high | What are the reasons?

🖇 Big-name partnerships and the release of ThetaSwap DEX are just a few of the factors pushing THETA price to a new all-time high.

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💠 Ethereum’s CME futures didn’t meet the expectations | How would Eth2, DeFi and Bitcoin price impact this new market

🖇 Investors are nervous that this week’s CME ETH futures launch will be a repeat of Bitcoin’s 2017 CME launch but data suggests otherwise.

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🔰An unfortunate disaster for Verge

📃 Verge has been hit by a huge blockchain reorganization, resulting in more than six months (200 days) worth of transactions and balances vanishing.

📈 #Funda
🗞 #News

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💠 Bitcoin's Coinbase premium turned negative | What does it mean for BTC price

🖇 Coinbase Pro is a major bellwether for institutional demand. Now, data from CryptoQuant indicates that short-term selling pressure on Coinbase is mounting.

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💠 Russia’s Opposition Leader Has Received 658 Bitcoin to Take Down Putin | An amount equivalent to $32 million

🖇 Russia's opposition leaser Alexei Navalny's movement has recieved 658 BTC in donations since 2016 to mount a campaign against incumbent strongman Vladimir Putin

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💠 Abthony Scaramucci: Bitcoin could "easily" reach $100,000 by 2022

🖇 Anthony Scaramucci, founder of $9.2 billion hedge fund SkyBridge Capital, said that Bitcoin could "easily trade" at $100K within a year.

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💠 USDT-settled futures contracts are gaining popularity | But what is the reason?

🖇 Crypto exchanges offer USDT- and BTC-settled perpetual futures contracts, but which is best suited for the average trader?

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🔰500.com has announced the purchase of BTC.com's mining business

📃 Online sports lottery provider 500.com has acquired the Bitcoin mining pool BTC.com, according to a press release.
500.com offers an array of online lottery services, and has recently been seeking to develop its blockchain-related business and products. This now includes cryptocurrency mining.

📈 #Funda
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🔰Miners are selling less BTC, old investors are realizing profits

📃 Glassnode, has published data revealing that Bitcoin miners are accumulating while long-term investors are taking profits. Despite January seeing heavy selling from miners, Glassnode’s report shows that miner outflows have dried up during February so far.

📈 #Funda
🗞 #News

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🔰MicroStrategy is focused on institutional Bitcoin investments

📃 Enterprise business analytics maker MicroStrategy is reportedly building a software product focused on corporate Bitcoin strategies. The firm had previously picked up over $1.5 billion worth of Bitcoin in 2020—and now spends significant efforts in evangelizing the rising asset class.

📈 #Funda
🗞 #News

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