Hong Kong legislator proposes adding Bitcoin to national reserves

Bitcoin (BTC) weekly trading volumes on peer-to-peer (P2P) trading platform LocalBitcoins in Venezuela and Argentina have hit new all-time highs in their respective national currencies.Cryptocurrency data website CoinDance shows that LocalBitcoins trading volume in local fiat currency in Argentina and Venezuela have hit new record highs.According to the website’s data, the week ending on Dec.…

Ether (ETH) price fell 9.3% between March 26 and March 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in liquidations of leveraged ETH futures and caused the premium relative to the regular spot market to drop to its lowest level in over a year. 

Miners are starting to get strapped for cash and need a boost since BTC has dropped in price since November and revenue has fallen even further due to increased competition. 249 Total views 3 Total shares Bitcoin miners are selling off coins from their stockpiles and shares in their companies after the profitability of mining…

Wall Street strategist and co-founder of Fundstrat Global Advisors Thomas Lee revealed on April 11 that his “Bitcoin Misery Index” (BMI) recently hit its highest figure since June 2016. He suggested the data could be a good or a bad sign.The BMI — which Lee designed with the aim of informing investors of how “miserable”…

Bitcoin faces a formidable trend line in $31,000, with United States equities providing a continued boost for BTC price upside. 1884 Total views 20 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) preserved new 10-month highs at the April 14 Wall Street open as analysts kept hoping for further…

The platform didn’t disclose the reason for its closure, but Solana NFTs haven’t been having the best run lately. 46 Total views 1 Total shares Own this piece of history Collect this article as an NFTFormfunction, a Solana (SOL)-based nonfungible token (NFT) marketplace, has announced its closing up shop after only 13 months of operation…

"Strong support for MiCA is a strong signal from the EU Parliament for a technology-neutral and innovation-friendly financial sector," said Stefan Berger. 904 Total views 8 Total shares The parliament of the European Union has scheduled a vote on a framework aimed at regulating cryptocurrencies after addressing concerns over proof-of-work mining.In a Monday Twitter thread,…

Jonathon Miller, managing director of cryptocurrency exchange Kraken in Australia says despite NFT volumes plunging, the company remains “bullish on the NFT space.” 849 Total views 36 Total shares Non-fungible token (NFT) trading volumes may have dropped nearly 98% since January, but several industry executives tell Cointelegraph it's nothing to fear as the technology continues…

Bitcoin (BTC), in fact, crushed stock markets during the Covid-19 recovery with equity “growth” simply down to inflation, fresh data argues.Charts showing stocks denominated in gold and Bitcoin in 2020 show that far from having their best quarter in ten years, markets had no “recovery” at all.“It’s all inflation”The perspective is starkly different to the…