CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
Data-driven insights for smarter trading.

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πŸ’  Fed Chair: Bitcoin is 'more a substitute for gold than the dollar'

πŸ–‡ While Bitcoin (BTC) is too volatile to be money and is "backed by nothing," it could be a "substitute for gold," said, Jerome Powell, the chair of the United States Federal Reserve.

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πŸ’  Michael Saylor: Tesla, Square Bitcoin Buys are 'Tip of the Iceberg'

πŸ–‡ MicroStrategy CEO Michael Saylor called his company's Bitcoin purchases, along with those of Tesla and Square, the "tip of the iceberg" for institutional investment in the cryptocurrency.

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πŸ’  Bitcoin searches in Turkey spike 566% after Turkish lira drops 14%

πŸ–‡ According to data from Google Trends, the number of searches for Bitcoin spiked 566% hours after the value of the Turkish lira dropped 14% following the firing of a central bank governor.

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πŸ’  Will the "Berlin" upgrade save Ethereum network from high fees?

πŸ–‡ After months of planning, the Ethereum community recently laid out its implementation timeline for β€œBerlin,” with the upgrade slated to go live on the Ethereum mainnet at block 12,244,000, or on April 14. This upgrade contains EIPs aimed at reducing transaction costs, but it may not provide a long-term solution.

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πŸ’° Trader

πŸ“Œ Glossary of Financial Markets Terms (Part 11)

πŸ”ΆA trader is a person or entity, in finance, who buys and sells financial instruments such as stocks, bonds, commodities, derivatives, and mutual funds in the capacity of hedger, arbitrageur, or speculator.


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Forwarded from Bridge Oracle
πŸš€ We are thrilled to announce that #BRG will be listed on #LaToken exchange soon.

Thanks Latoken 🌹

#BRGArmy! Get ready for a consecutive series of listings πŸ˜‰

#BridgeOracle $BRG

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πŸ’  Coinbase Custody partners with Silvergate to provide Bitcoin collateralized loans

πŸ–‡ Investing firm Silvergate today announced Coinbase Custody, one of the global leaders in qualified digital asset custody, as a custodian for SEN Leverage. SEN Leverage provides secure, institutional-grade access to capital through U.S. dollar loans collateralized by bitcoin.

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πŸ’  Institutional demand for crypto products: Decrease in the United States, increase in Europe

πŸ–‡ According to digital asset investment manager CoinShares, while demand for crypto products has declined in the U.S., institutions located in Europe and Canada continued buying last week.

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πŸ’  Cardano founder shares thoughts on Ethereum dApps

πŸ–‡ Cardano creator Charles Hoskinson, recently aired his views on dApps and Cardano’s future in a Livestream on his Youtube Channel. Hoskinson stated the decentralized applications ecosystem still has a long way to go to achieve its potential, terming it β€˜unhealthy’ as most dApps still operate off-chain.

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πŸ’  Bitcoin may 'take out' previous $53K lows before bulls regain control

πŸ–‡ According to Cointelegraph, Tuesday’s dip brought the prospect of a $50,000 test ever closer, with buyer support on exchanges looking increasingly shaky.

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πŸ’  $6 billion Bitcoin options expire on Friday

πŸ–‡ Bitcoin current options contracts are valued at around 100,000 bitcoin or almost $6 billion at today’s prices. These contracts will expire on Friday. The future options expiry is significantly more than the previous record of $4 billion, set in late January.

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πŸ’  Bitcoin rally slows as whales transfer wealth to retail investors

πŸ–‡ Crypto analytics firm Glassnode has spotted several indicators suggesting Bitcoin's bulls could be slowing down. The firm noted a decline in the number of Bitcoin whales despite consistent accumulation from wallets holding 1 BTC or less since March 2018.

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πŸ’  Elon Musk: "You can now buy a Tesla with Bitcoin".

πŸ–‡ He added: "Tesla is using only internal & open source software & operates Bitcoin nodes directly.

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πŸ’  US miner Blockcap plans to have 40,000 ASICs operational by Q4

πŸ–‡ Blockcap, one of the largest Bitcoin mining firms in North America, has added more than 12,000 additional Bitmain Antminer S19s to its inventory. The firm is now expecting to have deployed more than 40,000 Bitcoin miners by the fourth quarter, and projects an operational hashrate of roughly 3.5 exahashes per second, or EH/s β€” equal to roughly 2% of BTC’s currently combined hashrate.

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πŸ’  Will Grayscale convert its Bitcoin Trust to a Bitcoin ETF?

πŸ–‡ Grayscale Bitcoin Trust's premium has stayed negative for a month, which could impact on the wider cryptocurrency space. One solution would be to introduce a Grayscale Bitcoin ETF, if the SEC allows it.

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πŸ’  Jim Cramer: Bitcoin made me a 'ton of money' unlike stocks and gold

πŸ–‡ CNBC host Jim Cramer has revealed he made "a ton of money" on Bitcoin (BTC) but gold "let him down."

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πŸ’  Bitcoin whales, institutional investors not bothered by BTC price correction

πŸ–‡ According to a recent tweet by crypto analytics firm Santiment, institutional investors, at least for the moment, are not too bothered with the fall in BTC’s price. In fact, these veteran investors are viewing the dump as an opportunity to accumulate more bitcoin and move it off of cryptocurrency exchanges.

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πŸ’  New South Korean crypto rules will create a monopolized market

πŸ–‡ South Korea is heading into a new period for its crypto industry, with stringent new rules coming into effect on Thursday that will require all cryptocurrency businesses to comply with new reporting regulations and registration rules.

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πŸ’  Satoshi Nakamoto’s view on Bitcoin’s energy consumption

πŸ–‡ Bitcoin has always faced criticism over the high energy consumption involved in mining the cryptocurrency. Recently, a 2010 post from Bitcoin creator Satoshi Nakamoto was published which states: β€œThe utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin is a net waste.”

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πŸ’ Ethereum's high gas fee crisis won't be solved by EIP-1559

πŸ–‡ A report by analytics provider Coin Metrics has delved into the world of Ethererum transaction fees noting that they’re still at highest-ever levels and even a much touted approaching network upgrade is unlikely to alleviate the problem.

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πŸ’ Robinhood files SEC paperwork for public offering

πŸ–‡ Robinhood Markets Inc., a popular trading app that recently expanded its cryptocurrency business, has filed paperwork with the United States Securities and Exchange Commission, or SEC, to go public.

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