💠 Bitcoin bull flag suggests price will explode beyond $70,000
🖇 Bitcoin checks almost all the requirements that suggest it is in a bull flag pattern. First, its preceding trend is upward. Second, it is trading in the area defined by the Flag’s two parallel trendlines. And third, its net bearish retracement compared from the Flag top is shy of 19 percent (a pullback of more than 50 percent tends to invalidate the flag theory altogether).
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Bitcoin checks almost all the requirements that suggest it is in a bull flag pattern. First, its preceding trend is upward. Second, it is trading in the area defined by the Flag’s two parallel trendlines. And third, its net bearish retracement compared from the Flag top is shy of 19 percent (a pullback of more than 50 percent tends to invalidate the flag theory altogether).
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Uniswap trading volume exploded by 450% to $7 billion
🖇 Trading volume on decentralized exchange Uniswap has jumped 450% over the last 24 hours. Total volume, per statistics on Uniswap.info, is $7.17 billion, compared to $1.6 billion yesterday. The previous daily record was $2.19 billion on October 26, 2020.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Trading volume on decentralized exchange Uniswap has jumped 450% over the last 24 hours. Total volume, per statistics on Uniswap.info, is $7.17 billion, compared to $1.6 billion yesterday. The previous daily record was $2.19 billion on October 26, 2020.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Three-quarters of circulating BTC last changed hands for less than $10,800
🖇 Research from on-chain analytics provider Glassnode has found that roughly three-quarters of circulating Bitcoin last moved on the blockchain when prices were below $10,800, suggesting most market participants are long-term holders.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Research from on-chain analytics provider Glassnode has found that roughly three-quarters of circulating Bitcoin last moved on the blockchain when prices were below $10,800, suggesting most market participants are long-term holders.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Cosmos launches IBC standard
🖇 The self-described “Internet of Blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 The self-described “Internet of Blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Bitcoin has won over institutional investors: could governments be next?
🖇 The same financial firms and institutions that once doubted Bitcoin are now its biggest supporters in 2021. Will governments start investing in BTC as this trend continues?
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 The same financial firms and institutions that once doubted Bitcoin are now its biggest supporters in 2021. Will governments start investing in BTC as this trend continues?
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 UK authorities to focus on stablecoin regulations to prevent monopolies
🖇 John Glen, the United Kingdom's financial services minister, has said that stablecoins will be the main focus of the government’s crypto regulatory activity. For Glen, the U.K.’s decision to prioritize stablecoins over regulating the broader financial market is due to fears of monopolies emerging in the market based on the limited number of participants offering fiat-pegged cryptocurrency payment services.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 John Glen, the United Kingdom's financial services minister, has said that stablecoins will be the main focus of the government’s crypto regulatory activity. For Glen, the U.K.’s decision to prioritize stablecoins over regulating the broader financial market is due to fears of monopolies emerging in the market based on the limited number of participants offering fiat-pegged cryptocurrency payment services.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Ripple acquires stake in cross-border payments firm
🖇 Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Bitcoin targets record highs after “strongest dip-buying” of the year
🖇 The selling pressure seen over the past few weeks was met with buying from large BTC whales. Now, the flagship cryptocurrency faces little to no resistance ahead that will impede it from rising to new all-time highs.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 The selling pressure seen over the past few weeks was met with buying from large BTC whales. Now, the flagship cryptocurrency faces little to no resistance ahead that will impede it from rising to new all-time highs.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Mogo offers Bitcoin cashback on home loans
🖇 Canadian firm Mogo Inc. has launched Bitcoin cashback on mortgages and home loans. Mogo's CEO says it is a way for customers to start accumulating Bitcoin.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Canadian firm Mogo Inc. has launched Bitcoin cashback on mortgages and home loans. Mogo's CEO says it is a way for customers to start accumulating Bitcoin.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠Canadian regulators issue guidance note for crypto trading platforms
🖇 The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) yesterday issued a notice outlining the steps that local cryptoasset trading platforms (CTPs) need to take in order to comply with the country’s regulations.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) yesterday issued a notice outlining the steps that local cryptoasset trading platforms (CTPs) need to take in order to comply with the country’s regulations.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 BNY Mellon weighs controversial Bitcoin valuation model
🖇 BNY Mellon has taken on the difficult task of evaluating different methods of valuing Bitcoin in a March investment report, And in doing so, it's spotlighted controversial stock-to-flow (S2F) model that—if correct—would see Bitcoin’s price hit $100,000 to $288,000 this year.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 BNY Mellon has taken on the difficult task of evaluating different methods of valuing Bitcoin in a March investment report, And in doing so, it's spotlighted controversial stock-to-flow (S2F) model that—if correct—would see Bitcoin’s price hit $100,000 to $288,000 this year.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠CME Group set to launch Micro Bitcoin futures
🖇 The Chicago Mercantile Exchange, or CME, has unveiled plans to launch a new Bitcoin (BTC) derivatives product that will enable traders to speculate on fractional units of the flagship digital currency.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 The Chicago Mercantile Exchange, or CME, has unveiled plans to launch a new Bitcoin (BTC) derivatives product that will enable traders to speculate on fractional units of the flagship digital currency.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Adam Back unveils Blockstream’s new Bitcoin mining security token
🖇 On March 29, Adam Back, CEO of Blockstream, announced the launch of a security token backed by the company's mining facilities.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 On March 29, Adam Back, CEO of Blockstream, announced the launch of a security token backed by the company's mining facilities.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Marathon only mining ‘fully compliant’ Bitcoin transactions
🖇 Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is “fully compliant with U.S. regulations.” According to a March 30 announcement, the pool adheres to U.S. anti-money laundering guidelines and rules set out by the Office of Foreign Asset Control, or OFAC.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is “fully compliant with U.S. regulations.” According to a March 30 announcement, the pool adheres to U.S. anti-money laundering guidelines and rules set out by the Office of Foreign Asset Control, or OFAC.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 What is automated trading?
🖇 Automated trading allows you to set clear parameters for when you want to enter and exit positions. Better still, bots can also react to the unexpected, and make adjustments in response to unexpected trading climates. They can also help to reduce overtrading, where switching between ideas in quick succession risks amplifying losses.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Automated trading allows you to set clear parameters for when you want to enter and exit positions. Better still, bots can also react to the unexpected, and make adjustments in response to unexpected trading climates. They can also help to reduce overtrading, where switching between ideas in quick succession risks amplifying losses.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 This bot buys BTC every time Elon Musk tweets about Bitcoin
🖇 A London-based crypto trader, Andrei Badoiu, has built a bot that can buy Bitcoin whenever Musk tweets about it.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 A London-based crypto trader, Andrei Badoiu, has built a bot that can buy Bitcoin whenever Musk tweets about it.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Jay Clayton joins crypto firm One River Digital Asset Management
🖇 Jay Clayton, who served as chair of the U.S. Securities and Exchange Commission between May 2017 to December 2020, has been appointed to the advisory council of One River Digital Asset Management, a prominent crypto investment firm and a subsidiary of One River Asset Management.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Jay Clayton, who served as chair of the U.S. Securities and Exchange Commission between May 2017 to December 2020, has been appointed to the advisory council of One River Digital Asset Management, a prominent crypto investment firm and a subsidiary of One River Asset Management.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Bitcoin futures premium hits 30%
🖇 Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%. But according to an analyst, the figure could adjust itself over the next couple of days.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%. But according to an analyst, the figure could adjust itself over the next couple of days.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Bullish traders cast low-risk Ethereum options bets with this clever strategy
🖇 Risk-averse traders who believe Ethereum is in a bull trend often use the Iron Condor options strategy to limit their downside risk. Overall this conservative strategy yields a much better risk-reward compared to leveraged futures trading because of the limited downside.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Risk-averse traders who believe Ethereum is in a bull trend often use the Iron Condor options strategy to limit their downside risk. Overall this conservative strategy yields a much better risk-reward compared to leveraged futures trading because of the limited downside.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Bitcoin is outshining gold in the battle of the safe havens
🖇 Bitcoin is approaching all-time highs versus gold. The digital currency broke above $59,000 on Tuesday while gold languished below $1,700. Some prominent analysts like Bloomberg’s Mike McGlone, believe gold is losing ground to Bitcoin in the battle of the safe-havens.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 Bitcoin is approaching all-time highs versus gold. The digital currency broke above $59,000 on Tuesday while gold languished below $1,700. Some prominent analysts like Bloomberg’s Mike McGlone, believe gold is losing ground to Bitcoin in the battle of the safe-havens.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
💠 Tether (USDT) is fully-backed according to an accounting firm
🖇 According to the attestation provided by Moore Cayman, each Tether (USDT) in circulation is fully-backed.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN
🖇 According to the attestation provided by Moore Cayman, each Tether (USDT) in circulation is fully-backed.
📈 #Funda
🗞 #News
💎 @CryptoLand_en
🌐 twitter.com/Cryptoland_EN