No signs of selling as miners hoard their earnings and institutions keep piling into the latest Bitcoin exposure products to hit the market.

Bitcoin is looking shaky at the start of a new week as $60,0...00 remains out of reach — could anything change in the coming days?

After an average weekend that failed to deliver the breakout that many had hoped for, Bitcoin (BTC) is clinging to the mid-$50,000 range.

Cointelegraph takes a look at five factors that can help shape future price performance.

Coinbase IPO a beacon in flat macro sea
Stock markets were unimpressive on April 5, with many Asian markets closed for public holidays and United States futures seeing little movement.

Following the Suez Canal debacle, oil was the only commodity with noticeable energy as a decision from OPEC+ countries to increase supply put pressure on prices.

With a lack of momentum available, Bitcoin, therefore, had little to sustain any macro-influenced price run, and $60,000 resistance remained in place at the time of writing.

One major event that crypto analysts are eagerly waiting for, however, is Coinbase’s initial public offering, set for April 14.

As Cointelegraph reported, the event is a milestone for the industry but could be accompanied by selling on launch day — a practice seen with other IPOs both old and new.

Elsewhere, U.S. bond yield rises remained a worry this week, with their upward trajectory coinciding with a lack of progress for safe havens more widely.

“The repricing of inflation risk and U.S. rates, which will impact discount rates of future earnings and the way stocks are being valued is a source of uncertainty,” Johanna Chua, chief economist for Citigroup Global Markets, told Bloomberg.

https://cointelegraph.com/news/the-big-60k-hodl-is-on-5-things-to-watch-in-bitcoin-this-weekShow more >

Eligma starts 2021 with a major milestone!

https://news.bitcoin.com/eligma-raises-additional-e4-million-equity-investment-at-e50-million-valuation/

https://accounts.binance.com/en/register

Croatian fuel wholesale and retail company Tifon, a subsidiary of Budapest-based MOL Hungarian Oil and Gas PLC, has announced that it now allows cryptocurrency payments for fuel and other services and products ...at its petrol stations across Croatia.

As per the report revealed on February 4, all Tifon’s fuel stops will accept cryptocurrencies including Bitcoin (BTC), Ethereum (Ether), Ripple (XRP), Stellar (XLM), and EOS.IO (EOS) through a partnership with the Paycek platform developed by Zagreb-based crypto-payment processing and cryptocurrency brokerage local firm Electrocoin.

The CEO of Electrocoin, Nikola Skoric, said that Paycek will convert crypto transactions into Croatia’s national local currency, the kuna, and then pass them to Tifon.

Tifon has positive expectations, particularly during the tourist season, as foreign clients use this form of payment more frequently during the summer season when tourists from across Europe flock to Croatia’s coastlines and cities. Ana Lokas, the Chief Financial Officer at Tifon, said:

"Even though cryptocurrency payments in Croatia are still in developmental stages, by introducing this payment option at all Tifon stations, we expect further growth and development.”

Based on the number of service stations, Tifon is among the largest five oil companies in Croatia. Its largest regional presence is in Slavonia (Eastern part of Croatia) and Central Croatia. The oil firm, which has been owned by MOL Group since 2007, operates 46 gas stations across the country and hires an estimate of 600 staff to help carry out its daily operations.

Crypto Payment Solutions for Businesses

Over the decades, the general public and businesses have been waiting for a single currency that could function as a viable medium of exchange. Bitcoin cryptocurrency has successfully been obtaining wider global acceptance, with major businesses increasingly recognizing the ability of the digital currency to transfer money within a matter of minutes.

Small retailers and large corporations have been accepting Bitcoin at a rapid pace. Touted as “the secure money of the internet,” the cryptocurrency is becoming accepted as a form of payment, just like credit cards. This signals financial inclusion as merchants and businesses begin accepting multiple payment options including fiat, credit, and cryptocurrency, all in one mobile point of sales system.

Show more >

SCOOP: Mastercard plans to give merchants the ability to accept crypto payments: source.

Moozicore official update published on Medium!
👉 Check it out here: http://ow.ly/zZRx50Dm6BX

Tunggu info dan Update Airdrop terbaru dari channel
#staytune

Long term Wall Street bear and bitcoin holder, David Tice predicts that the stock market will crash fall by 30% in a retreat that will persist for two years. Although the veteran investor is not giving the spec...ific commencement date for this downturn, he warns that when it breaks, “it’s likely to break hard and cause investors to suffer for a long time.”

https://news.bitcoin.com/wall-street-perma-bear-predicts-stock-market-crash-says-bitcoin-cannot-be-ignored-as-he-touts-gold/Show more >

Another great podcast by Pomp, Don't miss it https://podcasts.apple.com/us/podcast/478-harley-finkelstein-on-entrepreneurship/id1434060078?i=1000506618877

- Shopify
- Expansion of digital economy <...br>- Competing with Amazon
- Digital as default
- Role for Bitcoin moving forward

Show more >

DeFi, or decentralized finance, finally found its footing this year, with numerous DeFi tokens and protocols gaining widespread traction amongst crypto users. Powered by smart contract technology, innovations l...ike yield farming have allowed everyday users to earn unprecedented interest on their crypto assets.

https://www.coindesk.com/defi-why-the-days-of-centralized-exchanges-are-numberedShow more >

This could be a momentous week of change and chaos for the United States as the election polls close on 3rd November. What might happen to Bitcoin? It has started this week at $13,500: will it hold its strong p...osition, or will we see some volatility?
Cointelegraph has identified five things that might influence the crypto markets, including the latest lock-downs in Europe.

Presidential elections are the kind of event that has a huge impact on all markets. The market makers will be considering what the new president’s policies will be at a time of global instability due to the pandemic. It is believed that whatever the result, there will be a rush towards safe haven assets, such as gold and Bitcoin.

In Europe, the outlook for the markets is bleak due to the various lock-downs. Cointelegraph says, “Amid fresh warnings of contractions in economic activity due to the measures, markets began shrugging off even bullish signs in favor of reducing potential election fallout.”
Furthermore, the European Central Bank (ECB) is printing more money. One trader called MMCrypto, told people on Twitter to reduce their investment in fiat currencies: “The crazy news is that the businesses which have to close will get up to 75% of their revenue in freshly printed money.”

Other things to keep an eye on include “yet another so-called “gap” to open up in futures markets.” Zack Voell said, “CME Bitcoin futures opening with a gap up for the fourth consecutive week. That’s pretty bullish.”

Also, analysts remain bullish over Bitcoin’s monthly close, with institutions seeing the monthly close figure as an essential tool for reinforcing bullish sentiment. Let’s not forget that Bitcoin began October trading at around $10,750.

Lastly, there is a shake up happening in mining. Cointelegraph says, “Difficulty, a measure of the competition and economic health of miners and an essential part of Bitcoin’s self-maintaining ecosystem, is set to drop by the most since March on Tuesday.”

...

https://lendoplatformltd.medium.com/watching-bitcoin-in-the-week-of-the-us-elections-cc1559a96e41Show more >

Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space.

​​​​What Is Chainlink? | Blockchain News

https://cryptoworldnews.us/what-is-chainlink-blockchain-news/

Technology can be argued to be as old as man itself; various inventions like electricity, steam engines, railways, etc., have all changed the existence of man and how we view the world. However, most of these i...nnovations have now become more of infrastructures with most governments now regulating and owning these spaces. The more recent definition of technology is one that is mostly borne from the invention of the world wide web in 1989. The internet remains one of the most important innovations of mankind and a springboard for most of the massive strides made by man in recent times. The internet opened new ways of interacting, communicating, transporting, educating, as well as other new exciting, and financially lucrative industries. Modern technology has therefore been viewed from the lens of the internet and its derivatives; today when we say products, we are mostly talking about mobile apps or software, almost every business out there has a website and many entrepreneurs are leveraging on so many forms of technology for business with most being enabled by one software or algorithm or the other. Modern technology is digital apps, software, websites, algorithms, cloud computing, artificial intelligence, machine learning, virtual reality, fin-tech, blockchain, etc. The power of the tech industry over the years cannot be over-emphasized as can be seen in the domination of the Forbes list.

Read more: https://medium.com/datadriveninvestor/why-decentralized-technology-and-cryptocurrency-is-the-future-39fe7b5529c0Show more >

According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administ...ration have made crypto proponents believe that bitcoin will prosper greatly.

Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion
Ever since the coronavirus outbreak took hold across America, politicians and members of the U.S. Federal Reserve has distributed massive amounts of dollars to special interests and Wall Street trading houses. Americans did get a stimulus check for $1,200 during the last program, and then $600 per person during the most recent stimulus plan.

https://news.bitcoin.com/crypto-advocates-think-joe-bidens-3-trillion-stimulus-plan-will-bolster-bitcoin/Show more >