According to industry insiders, the present price instability in Bitcoin is merely temporary, and another bull run could be on the way. The term “bitcoin” has become a catchphrase in the cryptocurrency sector. Bitcoin never ceases to astound or surprise investors, given the amount of attention it receives. It hit an all-time high of $65,000…
BTC New Bullish Setup Targets $36,000 Bitcoin price begins recovery at the drawing board as bulls plan another assault eyeing $36,000. A break above $32,000 may trigger massive buy orders in the near term, boosting the bullish effort. Bitcoin price has been underwater for most of this week. However, as the Asian session nears the…
Bitcoin Mining Saves Oldest Hydro Power Station in the US The age-old Mechanicville hydro plant built in 1897, became a legendary milestone in the history of sustainable energy after starting Bitcoin mining. The hydro plant was inactive for a while now due to old machinery. Mechanicville hydro plant has decided to partially fuel bitcoin…
Aave Follows Footsteps of Compound Treasury and CoinBase X, Offering Institutional Support It appears that Aave plans to enter the institutional support space sometime soon before the end of the month, offering crypto support to large institutional investors. Aave and Fireblocks plan to launch “Aave Pro” in July, which will “enable institutions and corporates…
USDC set to become ‘dominant’ stable coin on Ethereum Tether supplies on Ethereum are dwindling as USD Coin demand grows and grows. USDC has grown much faster than Tether (USDT) in 2021 and it is emerging as the dominant stable coin on Ethereum thanks to its popularity in DeFi according to Messari. Research by…
According to a new survey, traditional hedge funds are eager to grow their exposure to Bitcoin and other cryptocurrency markets over the next five years. The chief financial officers of 100 hedge funds throughout the world were asked by Intertrust Global, an international trust and corporate management firm, regarding their intentions to buy crypto-assets. By…
