Tag: bitcoin trader

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Manzi the magnificent: From millionaire at 16 to incredible IoT inventor

A self-made millionaire by 16, Jonathan Manzi is no ordinary entrepreneur. Now 31, the past 15 years have seen him start an energy drink business but shutter it once he realized that there wasnt enough of the required kava-plant ingredient in the world to feed his ambitions of competing against Gatorade. Becoming the youngest bar…
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Price Rollercoaster, Sun’s Double-Play, Biden’s Order and 20 Crypto Jokes

   … Read More: Price Rollercoaster, Sun’s Double-Play, Biden’s Order and 20 Crypto Jokes  Read more »Pay, Trade, Buy Bitcoin with Credit Card

How do you assess the value of an NFT?

To assess the value of an NFT, consider looking at various factors like ownership, utility, rarity and social proof. Understanding the valuation matrix There is no rule book on how to assess an NFT valuation. The metrics you use for evaluating private companies or conventional investment vehicles such as shares are simply not applicable to…
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Terraform Labs Donates 12 Million LUNA to Luna Foundation Guard

Terraform Labs, the company behind the creation of Terra, has announced a new donation to support the ecosystem of the terra (LUNA) token. Do Kwon, CEO of Terraform Labs, announced that the company has donated 12 million LUNA (approximately $1.2 billion) to the Luna Foundation Guard (LFG) with the goal of continuing to grow its…
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SEC rejects spot Bitcoin ETF applications from NYDIG and Global X

The New York Digital Investment Group and Global X originally filed applications with the SEC for spot Bitcoin ETF listings in June and August 2021, respectively. The United States Securities and Exchange Commission, or SEC, has disapproved spot Bitcoin exchange-traded fund applications from the New York Digital Investment Group and fund manager Global X after…
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Western Union Suspends Operations in Russia, Belarus Over Ukraine War

Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western Union Condemns Invasion of Ukraine, Halts Services in Russia and Belarus Money…
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Price analysis 3/11: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE

The sharp pullback in BTC and large-cap altcoins indicates that bears have yet to capitulate and that traders continue to sell the top of each breakout. Bitcoin (BTC) has been volatile in the past few days but the long-term investors seem to be using the current weakness to buy.  According to Whale Alert and CryptoQuant,…
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Bitcoin threatens $38K as 3-day chart hints at March 2020 Covid crash repeat

Doomsday outlooks for Bitcoin price action remain in focus as some whales and smaller buyers choose to go big on BTC at current levels. Bitcoin (BTC) further tested $38,000 overnight as the weekend began with uncertainty among traders. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 3-day chart could be “precursor” for weekly  Data from Cointelegraph…
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Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina

The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. The company that will create the power infrastructure for the mining farm aims to generate more than 114 MW of power for mining operations in the first…
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Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen

BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments. Bitcoin’s (BTC) last daily close above $45,000 was 66 days ago, but more importantly, the current $39,300 level was first seen on Jan. 7, 2021. The 13…
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