Bitcoin - The Urban Mine

Top Trader Says He’s Stacking Six Altcoins, Predicts Bitcoin Will Approach $250,000 by July

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Posted on February 13, 2021

A prominent crypto trader and analyst is looking at three altcoins that he says have the potential to spark major rallies. The pseudonymous trader Kaleo says fellow traders are underestimating Litecoin (LTC). He believes the coin often dubbed as digital silver is poised to follow its 2017 bull rally and generate gains of over 1,000%

Price analysis 2/12: BTC, ETH, ADA, XRP, DOT, BNB, LTC, LINK, XLM, BCH

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Posted on February 12, 2021

Altcoins are soaring to new highs while Bitcoin price trades in a sideways range near the $47,000 support.

Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC

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Posted on February 12, 2021

The U.S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury. Miami Gets Deep Into Bitcoin Miami City’s commissioners

US Banking Titan BNY Mellon Says It Will Soon Offer Support for Crypto Assets

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Posted on February 12, 2021

Bank of New York Mellon Corporation is announcing plans to support Bitcoin (BTC) and other crypto assets through its new enterprise Digital Assets unit. In a press release, America’s oldest bank says the team is now working on the prototype of a platform that will allow digital assets to move through the same network that

Payments Giant Mastercard Will Support Select List of Crypto Assets This Year

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Posted on February 12, 2021

Mastercard says it’s preparing for the future of finance and will directly support cryptocurrencies on its network later this year. The announcement came in a new blog post, in which executive vice president for digital asset and blockchain products, Raj Dhamodharan, says the company will add support for a group of carefully selected digital assets.

US Treasury Secretary Janet Yellen Says ‘the Misuse of Cryptocurrencies Is a Growing Problem’

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Posted on February 12, 2021

Janet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism.” Janet Yellen Warns of Cryptocurrency Risks The U.S. Department of the Treasury hosted its inaugural

PayPal Bringing Crypto Assets to UK Users and Venmo This Year, Supporting Four Crypto Assets

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Posted on February 12, 2021

PayPal is expanding global support for digital assets and bringing crypto capabilities to Venmo this year. Last November, payments giant PayPal began allowing its US users to purchase crypto assets through its app. According to Finance Magnate, this Thursday, PayPal vice president Jonathan Auerbach says the firm will soon extend those crypto services to its

Shark Tank’s Kevin O’Leary Reveals Tiny Crypto Portfolio, Says Bitcoin Is Great

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Posted on February 11, 2021

Shark Tank star and millionaire investor Kevin O’Leary may be changing his tune on Bitcoin. O’Leary, who has been a vocal and longtime critic of digital assets, tells CNBC that he bought a small amount of crypto three years ago. “I have a crypto wallet. I really do, and I like it. Let me just

Crypto Whale Abruptly Moves $932,000,000 in Bitcoin in Single Transaction

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Posted on February 11, 2021

A crypto whale is turning heads after moving nearly $1 billion worth of Bitcoin in a single transaction. The automated distributed ledger monitoring tool known as Bitcoin Block Bot detected the massive BTC movement. The whale in question moved 20,099 BTC worth $932 million for a fee of roughly $37, according to Blockchain.com. Before the

Ethereum is struggling again vs. Bitcoin: Why is ETH/BTC showing weakness?

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Posted on February 11, 2021

Ether is stagnating against Bitcoin despite BTC’s strong rally after BNY Mellon embraces digital assets.

Category: Bitcoin