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⚠️ Insights and Breaking News on Bitcoin and the whole crypto/finance ecosystem.
➡️ @Bitcoin_Insights
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The latest Messages 43
2021-11-21 13:05:15
El Salvador government strikes deal with Bitfinex, Blockstream to issue $1 billion bitcoin bondEl Salvador has struck a deal with crypto firms Blockstream and iFinex to advance its efforts in the bitcoin market.
The country is set to issue so-called Bitcoin bonds to "accelerate hyperbitcoinization and bring about a new financial system on top of Bitcoin," according to Blockstream.
El Salvador could issue $1 billion worth of bitcoin bonds via Blockstream's Liquid Network. The proceeds of the bond issuance could support the development of volcano-powered bitcoin mining.
Source
@Bitcoin_Insights
4.1K views10:05
2021-11-21 10:40:29
BREAKING: El Salvador set to build the first ever Bitcoin City in the world • 0% Income Tax
• 0% Capital Gains Tax
• 0% Property Tax
• 0% Payroll Tax
• 0% Municipal Taxes
• 0% CO2 Emissions
Source
@Bitcoin_Insights
4.1K views07:40
2021-11-20 16:08:11
@Bitcoin_Insights
2.5K views13:08
2021-11-20 15:38:40
Gemini Raises $400 Million in Growth Equity Funding Round; Metaverse Clash IncomingGemini, the regulated cryptocurrency exchange founded by the Winklevoss Twins, has raised $400 million in its most recent growth equity funding round. This financial round gave it a valuation of $7.1 billion, being one of the most valuable exchanges in the crypto world. The financial round, led by Morgan Creek, also had the participation of key leaders in the venture capital sector. Gemini has been investing heavily in alternative metaverse proposals.
Source
@Bitcoin_Insights
2.4K views12:38
2021-11-19 19:02:49
$340 billion leaves the crypto market in a week yet analysts remain bullishThere is no clear indication that the decline will stop anytime soon; crypto traders will be paying careful attention over the next several hours to see whether the downward trend is maintained or if the price is once again testing its bottom limit.
Source
@Bitcoin_Insights
2.7K views16:02
2021-11-19 17:47:07
BTC short-term holder cost basis (VWAP) has historically served as a "bull market support band". Currently at $53K.
Given other macro on-chain indicators are showing we are in a bull market, I'm betting this correction is almost over if it isn't already.
Source
@Bitcoin_Insights
3.0K views14:47
2021-11-19 15:03:06
Breaking: PayPal Enables Crypto Payments For Millions Of MerchantsMobile payments giant PayPal just launched a brand new update on its app that will allow crypto users to transact with merchants using their cryptocurrency. This is a major step forward for the crypto space as it brings mainstream merchants closer to the crypto ecosystem.
Source
@Bitcoin_Insights
3.8K views12:03
2021-11-19 13:39:46
Glassnode shows that more than 23,000 BTC, worth $1.33 billion, were withdrawn from exchanges in the past 3 days while Bitcoin price dropped by 15%.
Savvy investors appear to be buying BTC at a discount.
Source
@Bitcoin_Insights
3.8K views10:39
2021-11-19 10:16:06
Ethereum Foundation historical dumping log chart Source
@Bitcoin_Insights
3.7K views07:16
2021-11-18 10:19:30
The 3rd largest Bitcoin whale wallet added 700 more BTC today at $60.5k for a total of $42MIn total 3,677 BTC ($222M) were added in the past 5 days, the most aggressive accumulation since Sept $40k correction.
@Bitcoin_Insights
3.4K views07:19
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