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Topics - H2O

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31
Caracas Air, Venezuela's leading aviation academy, has started accepting Bitcoin, according to a Twitter announcement made by CEO Oliver Laufer.

Those who opt for the new payment method will also get discounts.

Laufer, a Miami Dade College graduate, started the company with his brother in 2015. 12 years ago, they sold everything they had to buy a Cessna 172 Skyhawk plane and start a flight school.   
   
Presently, Caracas Air has around 900 students, becoming one of the fastest-growing aviation academies in Latin America.source

32
Bitcoin (BTC) dominance briefly fell below 50% last week for the first time since January 2018, sending a strong signal that more speculative bets on altcoins was on the rise.

The Bitcoin dominance index, which measures BTC’s market capitalization relative to the broader cryptocurrency market, reached a low of 49.35% on Thursday, according to CoinMarketCap. At the beginning of 2021, BTC dominance was 70.68%.

Ethereum (ETH), meanwhile, accounted for nearly 15% of the overall market at its peak on Thursday. ETH dominance is up nearly 4 percentage points since the start of 2021.source

33
Bitcoin recently had some investors freaking out when it dropped in price under $50k. At the moment of writing this article, BTC is trading in the green, and the king coin is priced at $50,093.48.

There have been all kinds of predictions made about the price of BTC, and Tone Vays is dropping a bullish one. Check it out below.
Source:click

34
With bitcoin’s continued increase in price and popularity, the asset’s mass adoption has skyrocketed in recent months. Apart from notable names purchasing BTC as a store of value, numerous large and small companies introduced bitcoin payments for their products as an alternative to fiat money.source

35
Bitcoin News & Updates / The Pattern in Bitcoin Volatility
« on: April 25, 2021, 11:43:06 PM »
Bitcoin’s volatility has been moving in a downward direction, and the price of the currency seems fixed in a band between $50,000 and $60,000. Is the current market for bitcoin a temporary lull between lurches? Or is it a long-term trend toward lower volatility that could change the way bitcoin is perceived?source

36
Bitcoin still moving sideways on the lower timeframes has managed to hold above key support. At the time of writing, BTC trades at $49.807,17 with 16.8% and 2.4% in the weekly and monthly charts, respectively. The market cap stands at 938 billion.source

37

Bitcoinist.com
Nexo
A Storm Brewing: Bitcoin Pierces Ichimoku Cloud, First Time Since 2020
Eduardo Próspero by Eduardo Próspero
 2 hours ago

After an action-packed weekend, the dust is settling.  Opinions vary; news and rumors are abound. The data seems to suggest turbulent times ahead. According to some exchange’s data sets, Bitcoin pierced the Ichimoku Cloud. What does this mean?

To make sure we’re getting everything straight, let’s recapitulate.


Weekend Of Wonders In Bitcoin
The Bitcoin network’s hash rate fell by half following a series of blackouts in China. Which should make us think about centralization. Also in the Asian market, a single wallet sold 8K BTC. Plus, fear took over when an anonymous account said that the U.S. Department of the Treasury was about “To charge several financial institutions for money laundering using cryptocurrencies.” This, of course, didn’t happen.

On Sunday, a drastic fall saw Bitcoin going from $60K to $51K. That generated liquidations worth over $10 billion in futures positions, a new record that almost doubles the previous one. And, about 90% of those, were forced liquidations on long positions.source

38
Bitcoin price on Sunday fell by nearly 10% reaching sub $54K levels and later recovered up to $57K on Monday before facing another wave of corrections leading to $54K levels again. While many analysts have pointed towards the recent sharp drop in network hashrate due to a power outage in China being the reason for the price drop, others suggest the drop was nothing out of the blue as Bitcoin price has registered a sharp correction up to 25% after every new ATH.source

39
Stablecoin issuer Tether recently surprised critics. Accounting company Moore Cayman, part of the Moore Global accountancy network, attested that Tether had enough assets to back its liabilities.

Tether fans were quick to celebrate the attestation report on social media while critics cast doubt on it. 

As well versed as the cryptocurrency community is in abstruse matters of confirmation times and chain forks, it is not as well acquainted with the obscurities of the accounting profession. To understand how an attestation brings value to a stablecoin, we need to delve a bit into the accounting.source

40
A mysterious flash crash is registered for everyone’s beloved Bitcoin along with other cryptos like XRP, Bitcoin Cash (BCH), Bitcoin SV (BSV), Dash, and Ethereum Classic (ETC), trading a lot worse.  Seeing the crypto price surge every morning has been a utopia in the cryptocurrency industry for a long time. However, the early morning hours of 19th April have not been the same.source

41
Goldman Sachs, one of the biggest US banks and former bitcoin critique, has added the primary cryptocurrency to its year-to-date asset returns report. Interestingly, BTC occupies the first spot with over 100% early returns as the next assets are far behind.source

42
Galaxy Bitcoin ETF (the “Trust”) is an exchange-traded fund that issues common shares of beneficial interest (the “Shares”) that trade on NYSE Arca, Inc. (the “Exchange”). The Trust’s investment objective is to reflect the performance of the Bloomberg Galaxy bitcoin Index (the “Index”), less the Trust’s expenses and other liabilities. In seeking to achieve its investment objective, the Trust will hold bitcoin and will value its Shares daily based on the value of the Index, which is calculated based on data from bitcoin pricing sources selected by Bloomberg Index Services Limited (the “Index Provider”).source

43
A flurry of optimistic updates hitting the Bitcoin market this Monday has prompted one analyst to see a speedier price rally towards $100,000.

Dr. Jeff Rose, the founder/CIO of Vailshire Capital Management, envisioned the flagship cryptocurrency at the six-digit valuation. At the core of his bullish analogy was a classic technical pattern brewing up on the BTC/USD daily chart. Nonetheless, Dr. Ross’s tweet arrived on the heels of other positive fundamental updates.source

44
Bitcoin has once again made it to the longest-running scripted TV show in history.

"Burger Kings," the 18th episode in Season 32 of the iconic animated sitcom, "The Simpsons,” shows the largest cryptocurrency priced at infinity.

Apart from Bitcoin, the ticker news feed includes the stock of GameStop (GME) adding one trillion and then immediately losing two trillion, highlighting the immense volatility of the go-to yolo stock.source

45
According to an announcement made by Grayscale CEO Michael Sonnenshein, TIME magazine has partnered with the leading cryptocurrency asset manager to release a video series centered around cryptocurrencies.

As part of the deal, the iconic publication has agreed to get paid in Bitcoin and hold the largest cryptocurrency on its balance sheet.

Last month, TIME published a job posting for a new chief financial officer (CFO) that requires "comfort" with Bitcoin and other cryptocurrencies.   

It also started selling its most famous covers as non-fungible tokens in March. As reported by no link shorteningday, one of them ("The Computer in Society") was purchased by Tron CEO Justin Sun for 117 ETH.source

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