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Category Archive : Bitcoin

Twitter rolls out Bitcoin tipping

It will allow people to tip their favourite content creators.

•It will launch a fund to pay some users who host audio chat rooms on its spaces feature.

•The more users on the site, the greater the number of advertisers willing to engage them and the more those advertisers are willing to spend.BitcoinBefore social media sites companies existed, television, newspapers and media companies were offering the concept of selling advertising.

Bitcoin

With the rise of social media in this age, the primary way companies such as Facebook and Twitter made money is through selling advertising.

Using an advertiser-supported model rather than charging each user individually is the easiest way for Facebook to garner as many users as possible.

The more users on the site, the greater the number of advertisers willing to engage them and the more those advertisers are willing to spend.

Twitter has recently rolled out a bitcoin tipping and safety features in product push.

It will allow people to tip their favourite content creators with bitcoin and will launch a fund to pay some users who host audio chat rooms on its spaces feature.

It will also test new ways to help users have a safer experience on the social media app such as warning when people are entering a heated conversation or letting them leave tweet threads.

This is a part of an effort to compete with the rivals like Facebook and Google for popular content creators with large followings and turn around its image as a site where polarized discussions can fester.

If you are using an iOS device, then you can now send and receive digital payments, which was previously limited to a small group of testers.

This social media site is planning to support authentication for NFT (non-fungible tokens) which are digital assets such as images or videos that exist on a blockchain.

The NFTs are usually bought with the cryptocurrency Ether or dollars and the blockchain keeps a record of transactions.

While anyone can view the NFTs, the buyer has the status of being the official owner.

All types of digital objects like images, videos, music text and tweets can be turned in to an NFT.

They can also be patches of land in virtual world environments or exclusive of a cryptocurrency wallet name.

NFTs are important because enthusiast see it as the future of ownership. For the artistes, it could solve their problem of how to monetize their digital artworks.

This feature will enable people to track and showcase their NFT ownership on Twitter.

In an effort to grow spaces, Twitter will launch a creator to provide financial, technical and marketing support to users who host recurring audio programming on spaces.

With such support, it will allow more spaces hosts to organise better conversations and potentially gain brand sponsorship deals.

Twitter added that it is exploring how to allow users to filter out certain words they do not want to see in the replies to their tweets, which could be used to stop name-calling or abusive speech.

Bitcoin Falls Alongside US Futures as Economic Recovery Flatlines

BTC Analysis

▪️ Bitcoin price pulled back in the early trading session Tuesday after logging a strong opening for the weekend a day before.
▪️ The corrective action appeared as the rising number of COVID cases in the US prompted the Federal Reserve to make a stark warning.
▪️ The central bank said the trajectory of the US’s economic recovery would be bumpy despite promising data.

A modest rally in the Bitcoin market paused on Tuesday as traders pitted the signs of economic recovery against the resurgence in COVID cases in the US.

The BTC/USD exchange rate fell 1.16 percent to circa $9,234 as of 1018 GMT shortly after the US futures signaled a similar downside move. Futures linked to the S&P 500 plunged 0.91 percent, hinting that the benchmark index will open lower after the New York opening bell.

Why one top investor’s concerns with crypto could ultimately boost Bitcoin

Bitcoin Analysis

The crypto adoption curve has been rather steep, especially when it comes to traditional investors. That being said, the success of many blockchain-related projects has begun shifting this trend as more new investors flood the crypto market.

One prominent angel investor still isn’t convinced that the nascent market is mature enough to warrant him making any sound investments, however, as he believes that 99% of crypto projects existing today are “garbage.”

He does note that the remaining 1% of projects that can deliver functional and practical products could “change the world.”

free bitcoin

Buy Bitcoin for Just 10 percent of its Actual Price

The YouHodler platform enlange services for users, they are using new creative ways to improve the crypto-market. For example “buy cryptocurrency with fiat”. With this method, combined with YouHodler’s 90% loan-to-value (LTV), a user can buy bitcoin for just 10 percent of its value. Let see how it works in 3 simple steps.

HOW TO BUY CRYPTOCURRENCY FOR 10 PERCENT OF IT’S VALUE ON YOUHODLER

Recently YouHolder introduced a new feature that clients can use to buy Bitcoin, Ethereum, Ripple, Stellar, Litecoin, Bitcoin Cash, Bitcoin Satoshi Vision, DASH, EOS, Basic Attention Token (BAT), Augur and more directly on the platform with fiat (Dollar and Euro with a credit card or bank wire). Users can get large discounts on crypto purchases. For this specific example, let’s see how someone can buy 1 Bitcoin for just 10 percent of its price using the following 3-step:

For example, 1 Bitcoin price is $8000

First Step: You must use $8000 to buy 1 Bitcoin on YouHodler platform ( This capital will turn back). Alternatively, you should borrow the $8,000 from your traditional business funds to use in this case.

Second Step: Use this 1 Bitcoin as collateral on YouHodler platform. With 90% loan-to-value (LTV), you get 90% of $8,000 sent to you in cash or Tether. Use this Sum to pay back the $8000 to wherever you borrowed the first capital from.

free bitcoin

Third Step : You now have 1 Bitcoin sitting in collateral that you paid 10 percent for ($800). Now, you must wait for the market to rise again before paying the loan and getting your Bitcoin. You are only responsible for paying back the 1  Bitcoin at its price at the time of the loan. So if it rises to $10,000, $12,000 or more, you keep all additional profits.


Note: This can be a risky strategy if the market takes a rapid price drop.

CUSTOMIZED RATE OPTIONS

The example was focused on YouHodler’s 90% loan-to-value (LTV) rate option but users should know there are a variety of channels one can access. If you want quick cash, 8-day loan term with 80 percent loan-to-value (LTV) for a long term 120-day loan with more flexibility, there are a lot of choices. Requested Customized rates are also available. These available features are part of your risk management strategy. Therefore, YouHodler recommends a accurate due  process before continuing financial activities. 

You can find the full selection of rate options visiting YouHodler.com .

READ ALSO: Tim Draper: Bitcoin at $250,000 Taking 5% of Global Market Share.

bitcoin whale

Crypto Whales Moves more than $700 Million in Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, EOS, Stellar, Cardano

Some crypto whales continue to move huge amounts in assets as the price of BTC hovers around $8,000. In the last hours, 74,000 BTC worth approximately $600 million moved in wallets in only 22 transactions.

The biggest crypto whale split up 45,000 BTC, worth about $363 million in nine separate unknown wallets. Two of the big Bitcoin transfers involved BTC being sent from unknown wallets to crypto exchanges Bitfinex and Coinbase, indicating those traders may be planning to sell $109 million worth of crypto.

Below you can see an overview of the big whale BTC, ETH and XRP movements.

BTC

ETH

XRP

Now, the cryptocurrency markets are green. Bitcoin is up 1.62 percent, Ethereum is up 15.9 percent and XRP is up 9.7 percent, at time of writing.

Bitcoin

CoinDesk – Bitcoin price rally showing signs of exhaustion above $8,000

FXStreet – BTC consolidating recent gains in a well-defined range

Ethereum

Blockonomi – ETH breaks $230, larger Rally towards $250 likely

NewsBTC – Ethereum price hits first target, $240 could be next

XRP

CoinCodex – XRP creates fresh 2019 high and turns bullish

NewsBTC – XRP price starts significant uptrend, can it test $0.50?

Litecoin

FXStreet – LTC bulls near-term price action is consolidating

Blockonomi – Significant resistance expected at $109

Litecoin

FXStreet – LTC bulls near-term price action is consolidating

Blockonomi – Significant resistance expected at

Bitcoin Cash, EOS, Stellar, Cardano, Tron

NewsBTC – Bitcoin Cash hits resistance as EOS and Stellar rise

Invest in Blockchain – Stellar, Cardano, and Tron find support with ADA bulls leading the charge

READ ALSO: Bitcoin Hits Highest Price in 9 Months

Bitcoin Hits Highest Price in 9 Months

Bitcoin price jumped 16% today and reached the highest level since more than last nine months, the Bitcoin price surpassed $7,900.

Bitcoin (BTC) reached a capitalization that now accounts for 60% of the total crypto market share, jumped 16 percent from its opening price of $6,900 to reach $7,900.  Its touched the highest price since July 31, 2018. The data shows that a high of $7,950 has been reached during Monday trading.

Now trading a $7,805.10, current chards show a more than 35% increase in the past week..

Since 2018 price low of $3,112 on December, 2018, with a market cap of $56 billion, bitcoin’s price has since increased nearly 150 percent. , According to CoinMarketCap, currently Bitcoin records a market cap of $136 billion.

As usual when the market whales pics up a strong bid, the USD value of most other cryptocurrencies follows adoption.

All of the top 20 cryptocurrencies by market cap are recording gains today, the top performers of which include Binance Coin (BNB), BitcoinCash (BCH), and Dash (DASH) which reported 24-hour gains of 16%, 12%, and 12%, respectively.

READ ALSO: Tim Draper: Bitcoin is much better than gold

Tim Draper: Bitcoin at $250,000 Taking 5% of Global Market Share.

“BTC” Bitcoin will have a 5% world’s market share by 2023, investor Tim Draper told in an interview for  FOX Business .

Tim Draper, who has become a brave bitcoin advocate said: Bitcoin would continue to gain dramatically in price.

“It’s going to keep going because, I’m a believer than in four years, something like that, bitcoin will be about a 5% market share of the Earth,” he told the network. Draper added:

“It’s a better currency, it’s decentralized, open — it’s transparent; everybody knows what happens on the blockchain.”

As 101btc reports before, bitcoin’s 2019 bull run continues these days, with BTC/USD passing the $6,000 mark to set its highest level since November 2018.

Tim Draper added that he expected running an entirely bitcoin-dependent company, where transactions only Bitcoin.

“I eventually want to have a fund where I take in bitcoin and I fund everybody in bitcoin and they pay their employees and suppliers in bitcoin and then I pay my investors in bitcoin,” he continued. Draper then stated:

“Because I would then require no accounting, no legal, no bookkeeping, no custody — it would all be done.”

Tim Draper is also a big investor in smart contracts and decentralized application platform Tezos “XTZ”. He previously made one of the most bullish predictions for the Bitcoin price, in November claiming that by 2023, Bitcoin would be worth $250,000.

READ ALSO: Tim Draper: Bitcoin is much better than gold

SEC to Consider Fund Application for Bitcoin and Ether ETF

The Securities and Exchange Commission “SEC”, USA regulator, is reviewing a new application for a Bitcoin and Ether “ETF”exchange-traded fund.

It would include a portfolio of both Bitcoin and Ether. Will be active on the New York Stock Exchange “NYSE” under the “XBET” ticker.

The ETF comes courtesy of Crescent Crypto Index Services, a subsidiary of benchmarking and passive index investing firm Crescent Crypto Asset Management.

 “XBET is an exchange traded fund. This means that most investors who decide to buy or sell shares of XBET place their trade orders through their brokers and may incur customary brokerage commissions and charges,” the filing confirms. It continues:

“Shares of XBET are expected to trade on the NYSE Arca under the ticker symbol ‘XBET’ and will be bought and sold throughout the trading day at bid and ask prices like other publicly traded securities.”

The SEC have to approve any form of crypto-currency ETF for the USA market.

Matters over compliance mean that rejections have come frequently since the first bid to launch the product in 2017. Although a lot of delays contributed to the already slow progress.

At the same time, regulators themselves have referedetf they are confident that at some point in the future, an ETF will satisfy all the necessary requirements, a view repeated by industry figures.

Read Also:

BitMEX’s CEO prediction: Bitcoin price will rise up to $10,000

BitMEX’s CEO prediction: Bitcoin price will rise up to $10,000

bitcoin-price-prediction-2019
Bitcoin price prediction

The BitMEX CEO, one of the biggest cryptocyrrency trading platform, has made some bitcoin price predictions. He says: Bitcoin will reach $10,000 in the fourth quarter of 2019.

A Green Wave is coming for Bitcoin.

For the BitMEX CEO the cryptocurrency market will recovery in Q4 of this year.

His report points out that, the losses, will take some time to be digested by the cryptocurrncy markets. 

However, he tells that it’s not time to be”enthusiasts” for the possibilities of huge gainings inside the cryptocurrency market.

His note continue saying that this year could be a little bit “annoying” because of necessity to digest the losses during the 2018, his line tells that by the Q4 of this year will be more “exciting” and see  the cryptocurrency markets in a green wave trend. 

”The 2019 chop will be intense, but the markets will claw back to $10,000. That is a very significant psychological barrier. […] $20,000 is the ultimate recovery. However, it took 11 months from $1,000 to $10,000, but less than one month from $10,000 to $20,000 back to $10,000.”

Actually, the BitMEX  trading platform is seeing a huge fall in cryptocurrency funds

However, this notes comes after BitMEX recently reviewed that the issued tokens had crashed from $24.2 billion at its launch, to $5 billion.

BitMEX calculated that the majority of losses in this period derive from the strong decrease in cryptocurrency prices happened during 2018. Particularly, the bear market was said to have influenced for 54% of the losses.

Should be considered that this loss of funds was also moved by a transfer of $1.5 billion to unrecognized addresses. At the time, BitMEX’s report also pretended that the funds’value had been as high as $80 billion.

Image Source: “Pixabay”