October 27, 2021

bitcoin drops 1900 in minutes 66 million in liquidations

Bitcoin drops $1,900 in minutes. $66 million in liquidations.

Bitcoin dropped $1,900 this morning as funding rates for its futures across crypto exchanges soared to dangerous levels. The asset trades at $58,100 at press time, down -2.2% from last night’s $60,000 price level. Funding ...
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us financial regulators aiming at how banks could hold bitcoin crypto assets says fdic chairperson

US Financial Regulators Aiming at How Banks Could Hold Bitcoin & Crypto Assets, Says FDIC Chairperson

Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation (FDIC), has revealed that US financial Regulators are creating clearer regulations on how banks can engage in activities involving cryptocurrencies. (Read More)Source blockchain.news ...
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TA: Ethereum Outperforms Bitcoin, Why ETH Could Rally To New ATH

Ethereum started a fresh increase above $4,175 against the US Dollar. ETH could gain pace if there is a clear break above $4,300 in the near term.
new kids on the block flowty

New Kids On The Block: Flowty

In the last installment of ‘New Kids On The Block,’ we covered the in’s and out’s of ArtBlocks.io – now one of the most recognizable art-driven NFTs on the market. Today, we’re diving into Flowty, ...
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twitter ceo warns of hyperinflation can crypto solve the problem

Twitter CEO warns of hyperinflation, can crypto solve the problem?

Jack Dorsey recently tweeted his concerns about hyperinflation, saying it’s happening now. Although crypto is a relatively new technology, some tout it, particularly Bitcoin, as a solution to a variety of economic woes, hyperinflation included ...
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German Authorities Auction Over 200 Bitcoin Seized From Cybercriminals

Authorities in Germany announced the auction of Bitcoin starting Monday, October 25. The Ministry of Justice of North Rhine-Westphalia set up a public auction for Bitcoin that the police seized from cybercriminals. Over 200 Bitcoin ...
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Bitcoin Futures Heating Up, Why BTC Traders Should Expect Volatility

Bitcoin has been moving sideways during the day as it was rejected north of $63,000. As of press time, BTC’s price trades at $62,698 with a 1% profit in the weekly chart. BTC moving sideways ...
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Saxo Bank Expands Crypto Offerings to Meet Growing Demand

Saxo Bank is seeking to expand its cryptocurrency offerings. To this effect, the firm has announced that it will be expanding the list of its exchange-traded products (ETPs). These products track the prices of the ...
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Bakkt partners with Mastercard, Bakkt Shares Increase 270%

The past few days have been incredible in terms of Bakkt’s share performance. The company has made strategic partnerships with notable brands such as Mastercard and Fiserv, which has contributed to some notable gains in ...
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tesla signals potential return to bitcoin payments

Tesla signals potential return to Bitcoin payments

Electric car maker Tesla is likely to start accepting Bitcoin for its cars, details filed with the US Securities and Exchanges Commission (SEC) show. Tesla hinted at the possibility of accepting cryptocurrency payments in financial ...
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