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📉 Daily Bitcoin chart review 📈
BTC didn't drop as far as I expected, hit 47k on that dip. If today we will see breakout above recent HH 50222 it should also give a nice impulse for re-test of 52134. Once Bitcoin grow above that value I'll be happy to confirm end of retracement and return to bulls party. I feel it in the air already 😎
BTC didn't drop as far as I expected, hit 47k on that dip. If today we will see breakout above recent HH 50222 it should also give a nice impulse for re-test of 52134. Once Bitcoin grow above that value I'll be happy to confirm end of retracement and return to bulls party. I feel it in the air already 😎
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Bitcoin Miners Generated Record $1.36 Billion in Revenue in February
Bitcoin miners generated $1.36 billion in revenue in February, up 21% from January, breaking 3-year record highs according to data from Coin Metrics.
$186 million came in from network fees, that is 13.7% of total revenue from the month of February.
Revenue from fees also hit all-time high mark since January 2018. Miner revenues moved between $0.23 and $0.38 TH/s throughout February, and stopped close to $0.30.
#dailynews
Bitcoin miners generated $1.36 billion in revenue in February, up 21% from January, breaking 3-year record highs according to data from Coin Metrics.
$186 million came in from network fees, that is 13.7% of total revenue from the month of February.
Revenue from fees also hit all-time high mark since January 2018. Miner revenues moved between $0.23 and $0.38 TH/s throughout February, and stopped close to $0.30.
#dailynews
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Yield Protocol (YIELD) will get listed on Gate and Uniswap on March 5. Trading will go live at 12 PM UTC. Yield Protocol has closed its fundraising recently on DAO Maker platform. The startup will enter the market with $0.93M initial market cap.
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Some of the recent private fundraising events among blockchain startups you should know about. March 2021, part 1.
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Some of the recent private fundraising events among blockchain startups you should know about. March 2021, part 2.
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#BTC_Update
Current 4h session is showing sign of local weakness over the upper long-range BPRO band. Price standard deviation based level at 51.5k shows technical significance as resistance. Now that it is tapped, until is reclaimed with a daily close above, BTCUSD remains in local danger of throwback towards the baseline / breaker low at 45.4-45.7k. Such a retest would make a lot of technical sense and could be expected in case daily closes below 49k. Until that happens, bands are showing direction flip and are upsloping. This indicates that BTCUSD volatility is a bit more upside-oriented and it aligns with my Monday’s thesis of 54-56k retest coming in the following days.
Local resistances: 55418-56574, 61372, 70991.
Local supports: 49000, 45440, 42300.
Current 4h session is showing sign of local weakness over the upper long-range BPRO band. Price standard deviation based level at 51.5k shows technical significance as resistance. Now that it is tapped, until is reclaimed with a daily close above, BTCUSD remains in local danger of throwback towards the baseline / breaker low at 45.4-45.7k. Such a retest would make a lot of technical sense and could be expected in case daily closes below 49k. Until that happens, bands are showing direction flip and are upsloping. This indicates that BTCUSD volatility is a bit more upside-oriented and it aligns with my Monday’s thesis of 54-56k retest coming in the following days.
Local resistances: 55418-56574, 61372, 70991.
Local supports: 49000, 45440, 42300.
Forwarded from Official VIP Group
Some of the recent private fundraising events among blockchain startups you should know about. March 2021, part 2.
Forwarded from Official VIP Group
Banksy work was physically burned to issue NFT instead. Whats next? “Morons” by famous street artist Banksy is to be sold as a non-fungible token (NFT) – after the original was physically burned. An auction for the NFT will commence on OpenSea on March 4.
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KuCoin to launch leveraged tokens in March. The first batch of leveraged tokens to be introduced are BTC3L, BTC3S, ETH3L and ETH3S. The feature will be officially launched in the middle of March. Leveraged tokens are a new type of crypto derivative without any due date.
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Meerkat Finance (MKAT) has lost $31M due to hack or rug pull. Meerkat Finance, a yield farming pool running on the Binance Smart Chain that went live just one day ago. Both project’s website and Twitter account are down.
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PolkaFoundry will have a token sale on DuckStarter and Ignition on March 10. PolkaFoundry will be raising $125k during public round. The startup will enter the market with $0.96M initial market cap. PolkaFoundry aims to build a one-stop dApp integration factory for the Polkadot ecosystem.
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Blank wallet (BLANK) token metrics. Blank will be raising $120k via public sale on Polkastarter on March 5th. The startup will enter the market the same day with $0.57M market cap.
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Konomi Network will have a public sale on Polkastarter on March 16. Konomi will be selling 0.5% of total supply for $200k during public round. Whitelisting will go live on Mar 5. There will be a total of 1000 allocations: 500 for the standard pool and 500 for the POLS pool.
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DuckDAO will support Convergence with community building and expanding its offering. Convergence, is building a platform that will unlock the liquidity of real-world assets in decentralized finance. DuckDAO will work with Convergence to optimize community-building, promotion, and securing partnerships that can help bolster its offering.
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InfStones will be one of the first validators to support Umbrella Network. InfStones is the leading blockchain infrastructure provider and node operator, servicing over 30 global institutional clients. Under this partnership, InfStones will bring their deep technical and operational expertise.
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Performance of the tokens that had public sale & entered the market in February 2021. Not all tokens are included.
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👩💻 #REVIEW BITCOIN
Yesterday #BTC fully absorbed pre-dump move and reversed the market mood back to bull mode! Now we can see a start of accumulation phase.
Every point down to $47400 support is a good spot to buy! Literally every point is great in the mid-term, as the next target is $60k+ 🤓
I also set some bids here and buying at market too! I see no reason to sit in dollar!
Yesterday #BTC fully absorbed pre-dump move and reversed the market mood back to bull mode! Now we can see a start of accumulation phase.
Every point down to $47400 support is a good spot to buy! Literally every point is great in the mid-term, as the next target is $60k+ 🤓
I also set some bids here and buying at market too! I see no reason to sit in dollar!
Forwarded from Official VIP Group
✴️Bitfinex launch Bitfinex Pay
🔹The Bitfinex Exchange has just unveiled Bitfinex Pay, a payment gateway for companies wishing to accept crypto. In the form of a widget to be installed on its website, Bitfinex Pay allows payments to be received in Bitcoins (BTC), Ethers (ETH), as well as USDT.
🔹Payments in USDT are possible using the Ethereum and Tron blockchains, on which the stablecoin is available. As far as BTC is concerned, Bitfinex Pay also supports the Lightning Network, which is faster and less expensive than the Bitcoin network.
🔹A rather interesting feature is that Bitfinex Pay itself does not charge any processing fees for the use of its service. Only the transaction fee for the blockchain has to be paid by the merchant and the customer. This explains the addition of the Tron blockchain for USDT and the Lightning Network for BTC payments.
🔹The Bitfinex Exchange has just unveiled Bitfinex Pay, a payment gateway for companies wishing to accept crypto. In the form of a widget to be installed on its website, Bitfinex Pay allows payments to be received in Bitcoins (BTC), Ethers (ETH), as well as USDT.
🔹Payments in USDT are possible using the Ethereum and Tron blockchains, on which the stablecoin is available. As far as BTC is concerned, Bitfinex Pay also supports the Lightning Network, which is faster and less expensive than the Bitcoin network.
🔹A rather interesting feature is that Bitfinex Pay itself does not charge any processing fees for the use of its service. Only the transaction fee for the blockchain has to be paid by the merchant and the customer. This explains the addition of the Tron blockchain for USDT and the Lightning Network for BTC payments.
Forwarded from Official VIP Group
Travala Now Accepts LINK As Payment For Products and Travels
Travala.com now accepts Link, the native Cryptocurrency of Chainlink as a payment instrument enabling users to book tickets and rent apartments directly with their coins.
Users can now pay for Travala’s 3 million travel products using their LINK and travel across 90,000 destinations by just paying with their LINK.
Travala supports all major crypto-related payment systems, including Binance Pay, Crypto.com Pay, Swipe Card.
#dailynews
Travala.com now accepts Link, the native Cryptocurrency of Chainlink as a payment instrument enabling users to book tickets and rent apartments directly with their coins.
Users can now pay for Travala’s 3 million travel products using their LINK and travel across 90,000 destinations by just paying with their LINK.
Travala supports all major crypto-related payment systems, including Binance Pay, Crypto.com Pay, Swipe Card.
#dailynews