3 reasons why bitcoin could hit the $40,000 mark

3 reasons why bitcoin could hit the $40,000 mark again Bitcoin is facing heavy selling pressure this Thursday as its price fell another 1.5 percent. The benchmark cryptocurrency touched an intraday low of $34,200 and hit a higher high after falling below the key $34,000 support level in the previous session. Its fall appeared mainly due to profit-taking Bitcoin Hero among traders and investors especially after the price crossed the $38-000-40,000 area on more than two occasions. As CryptoQuant CEO Ki-Young Ju comments, spot inflows into cryptocurrency exchanges cooled this week, suggesting a longer downward correction ahead. „$35,684 -> $34,054, … Continue reading 3 reasons why bitcoin could hit the $40,000 mark

Bakkt crypto exchange wants to go public

The institutional stock exchange Bakkt wants to be listed on the stock exchange via detours. The Intercontinental Exchange, the owner of the New York Stock Exchange and the institutional cryptocurrency exchange Bakkt, announced that their crypto branch could go public As the Wall Street Journal reported , Bakkt will merge with VPC Impact Acquisition Holdings. The company is traded under the symbol VIH. VPC is a so-called „Special Purpose Acquisition Company“ or SPAC. In German this means something like „company for purposeful purchases“. It is a shell company whose sole purpose is to buy or merge with another company in … Continue reading Bakkt crypto exchange wants to go public

Trader earns $ 350,000 after buying cryptomeda that rose more than Bitcoin in 2021

User decided to invest in cryptomoedas for the first time and in four days had a profit of over 345%. A cryptomaniac trader considered ‚first time‘ had an impressive profit of almost R$ 350 thousand after investing in an altcoin that went up more than the price of Bitcoin (BTC) in 2021. According to a report by P2P seller Michel Lopes Del Sent published in a Facebook group last Friday (8), in only four days the investor won R$ 347.300, just after buying approximately R$ 100 thousand in Nano. Nano rises more than 150% in 24 hours and surpasses Bitcoin … Continue reading Trader earns $ 350,000 after buying cryptomeda that rose more than Bitcoin in 2021