CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
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πŸ’  Stablecoin RAI launches | A pure, decentralized alternative for DeFi

πŸ–‡ The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency.

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πŸ”° Ethereum Price Eclipses $2,000 for All-time High

πŸ“ƒ The world’s second-largest cryptocurrency by market capitalization, Ether (ETH), reached $2,000 for the first time today. That represents a 168% gain since the beginning of this year. Bitcoin, which started off with a much larger cap, has grown 93% in that same time span.

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πŸ”° The bass player of 'Kiss' rock band says he’s added $300K of Cardano

πŸ“ƒ The iconic bass player of the rock band 'Kiss' and recent recruit to Elon Musk’s β€œDogecoin army,” Gene Simmons, has announced a six-figure investment into Cardano (ADA).

◻️ On Feb. 19, Simmons revealed on Twitter that he’d bought $300,000 worth of ADA.

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πŸ”° Ethereum Core Developers Eye Mid-April for β€˜Berlin’ Hard Fork

πŸ“ƒ Ethereum developers have scheduled the Berlin hard fork for April 14 according to the Ethereum All Core Developers meeting Friday. The Berlin hard fork was originally scheduled for June or July 2020.

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πŸ”°REN price spiked to a new all-time high shortly

πŸ“ƒ REN price spiked to a new all-time high shortly after its recent integration with Binance Smart Chain. Data from Cointelegraph Markets and TradingView shows that REN rose from $0.99 on Feb. 18 to establish a new all-time high of $1.84 on Feb. 19.

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πŸ’  JPMorgan analysts: Crypto is β€˜poorest hedge’ for drawdowns in equities

πŸ–‡ Analysts at American investment bank JPMorgan Chase have delivered another skeptical statement on Bitcoin (BTC), arguing that its current price is much higher than its fair value.

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πŸ”° BitMEX’s Arthur Hayes returns with calls for a boycott of legacy finance

πŸ“ƒ The former BitMEX CEO urged retail traders trader to β€œopt-out” of the legacy financial system in favor of β€œCrypto Capital Markets”:

β€œWithdraw all your money from your broker. Stop trading. Stop paying the system that you believe treats you like a second-class citizen. That is opting out, and it is extremely powerful and liberating.”

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πŸ“‰ Current Cryptocurrency Market

πŸ”Ί 24-hours Average Market Changes and The Dominance of Cryptocurrencies

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πŸ’  Bitcoin's market cap flipped Tencent again | Next target: Google

πŸ–‡ At approximately $1 trillion, Bitcoin's market cap has blown past Tencent, which holds a valuation of roughly $917.8 billion at time of publication according to AssetDash rankings.

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πŸ”° Bitcoin Skeptic Dalio Reduces Role at Hedge Fund Bridgewater

πŸ“ƒ Ray Dalio is founder of the world’s largest hedge fund, Bridgewater Associates. He has been skeptical of adding Bitcoin to the firm’s investments. The company is establishing an Investment Committee to extend control of investment decisions beyond Dalio and his CIOs.

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πŸ”° Canada’s First Bitcoin ETF Hits $421.8M AUM

πŸ“ƒ The first publicly traded Bitcoin exchange-traded fund (ETF) in North America has collected $421.8 million in assets under management (AUM) in two days. One analyst said the ETF could reach $1 billion in assets under management by the end of next week.

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πŸ”°Cryptopia Gets Hacked Again

πŸ“ƒ The Cryptopia exchange has reportedly been hacked again, even as it is being liquidated following a previous breach that stole $15.5 million. According to a Stuff report Thursday, about US$45,000 in the XSN cryptocurrency had been transferred out of its cold wallet on Feb. 1.

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πŸ”° Institutions are getting more and more interested in Bitcoin

πŸ“ƒ Raghu Yarlagadda cited three reasons for the recent institutional interest in crypto: inflationary hedge, geopolitical risk and a 24/7, always-on trading desk. β€œAs the world is printing more money, it is very clear that Bitcoin is emerging to be one of the inflationary hedges,” he said. He believes that Bitcoin tends to do well from a price perspective whenever American-Chinese relations appear to sour. The third reason for the institutional interest is what Yarlagadda calls β€œthe mechanics of 24/7.”

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CryptoLandβ„’ Signal | Analysis | News
πŸ”° Bitcoin Skeptic Dalio Reduces Role at Hedge Fund Bridgewater πŸ“ƒ Ray Dalio is founder of the world’s largest hedge fund, Bridgewater Associates. He has been skeptical of adding Bitcoin to the firm’s investments. The company is establishing an Investment Committee…
πŸ’  A commitee for investing in BTC at Bridgewater | Dalio’s role reduced in company’s such decisions

πŸ–‡ Bridgewater’s flagship investment fund lost 7.6% last year, while Bitcoin quadrupled in price. But founder Ray Dalio thinks Bitcoin is too volatile.

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πŸ”° SushiSwap received a new domain from crypto venture firm Future Fund

πŸ“ƒ Crypto venture firm Future Fund announced yesterday that it had bought the sushi.com domain name for decentralized finance project SushiSwap. The recent action has been made to increase internet traffic and exposure to the sushi brand for the firm's forthcoming new projects.

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πŸ’  Rules which made the path easier for BTC | Might Fed’s policies have had a hand in it?

πŸ–‡ The best reason to focus on Bitcoin’s rise is what it tells us about the risks that may be bubbling up amid the Federal Reserve’s commitment to zero interest rates according to Washington Post.

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πŸ”° Dubai’s IBC Group pledges 100K bitcoins

πŸ“ƒ Khurram Shroff, the Chairman of Dubai’s IBC Group, has pledged 100K Bitcoin to setup the Miami 2.0 Blockchain Strategy Foundation. Mr. Shroff’s backing of Miami 2.0 Blockchain Strategy could turbo-charge use of the cryptocurrency (BTC).

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πŸ”°Monster bull flag for YFI

πŸ“ƒ Cointelegraph reported: Monster bull flag for YFI, puts $200,000 YFI price in play. After weeks of aggressive selling, YFI looks primed for a move to $60,000 before Bitcoin.

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πŸ“‰ Current Cryptocurrency Market

πŸ”Ί 24-hours Average Market Changes and The Dominance of Cryptocurrencies

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πŸ’  FalconX CEO: Bitcoin is a hedge against U.S.-China trade war

πŸ–‡ Raghu Yarlagadda, CEO of cryptocurrency trading platform, FalconX, said that Bitcoin tends to do well from a price perspective whenever American-Chinese realtions appear to sour.

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