bitcoin / 326 posts found
Bitcoin Enters Rare Discount Zone
Bitcoin Reading Time: 2 minutes Bitcoin is entering a discount zone not seen since March 2020 The reaction to the recent dip suggests that a 2019-style recovery may be playing out Historically speaking, this zone has been a great time to buy Bitcoin has entered a discount zone last seen during the March 2020 crash, suggesting that the time to come off the sidelines could be nigh. Only four times in its history has Bitcoin fallen below the ‘Bitcoin Investor Tool: 2-Year MA Multiplier’ line, with each occasion essentially encapsulating a bear market or crash bottom, signalling that Bitcoin is […]
Bitcoin, Ethereum in Critical Condition
Key Takeaways Bitcoin dropped below $28,000 over the past 12 hours. Meanwhile, Ethereum lost the $1,800 level as support. Further losses can be expected as selling pressure mounts. The crypto market sentiment went into “extreme fear” again after Bitcoin and Ethereum lost price support over the past 24 hours. On-chain data shows increasing selling pressure, which could lead to more significant losses. Bitcoin and Ethereum Spell Trouble Bitcoin and Ethereum look bound for significant losses after losing vital support areas. Nearly $300 million worth of long and short positions have been liquidated across the cryptocurrency market over the past 24 […]
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
Bitcoin Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval. 937 Total views 26 Total shares Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The company said it intends to develop one of the nine projects selected for the LIFT Challenge Real Digital, promoted by the Central Bank of Brazil. The LIFT Challenge Real Digital is a collaborative environment carried out by the Central Bank of Brazil (Bacen), in partnership with the National Federation of Associations of Central Bank Servers (Fenasbac). With the announcement of Stellar’s integration, SDF will […]
Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account offerings issued by financial giants like Fidelity. In recent times, cryptocurrencies can be further capitalized to put a down payment on a mortgage or get a conventional home loan using bitcoin as collateral. Crypto-Backed Conventional Home Loans These days, at least in the United States, banks require at least 20% down if a person or a couple wants […]