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Showing posts from March, 2021

What are the best apps to manage your bitcoins?

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The surge in the price of Bitcoin in recent weeks is encouraging more and more people to invest, even small amounts, in cryptocurrencies. It must be said that it is quite easy to manage one's portfolio thanks to dedicated applications, which make it possible to buy, sell or convert these crypto-currencies, in return for a small commission. Here is a small selection. Coinbase Coinbase is today the reference in terms of cryptocurrency management platform. It is also probably the easiest to approach. Once registered (ID card and bank card number required), it is possible at any time to buy, sell and convert crypto-currencies. In addition to Bitcoin, Coinbase allows you to manage Ethereum, XRP, Bitcoin Cash and Litecoin. New currencies are regularly added to its offer. Its clear interface and ease of use make it a must-have tool. The Coibase application can be downloaded for free from the App Store (iOS) and Google Play (Android). Binance From China, Binance is another must-have, alt...

Microsoft ready to introduce Bitcoin (BTC) in Xbox games

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Paying for the next xBox exclusive in Bitcoin may soon be possible from the Microsoft store. Indeed, the tech giant is considering adding Bitcoin as a payment method and is telling its players about it. A survey to accept Bitcoin (BTC) The information was relayed on the social network Reddit, specifically in the subreddit /r/XboxSeriesX. According to the publication, Microsoft would be doing a survey to find out the preferred method of payment of its users. To the question "Which of these other payment methods would you like to use on the Xbox? ", in addition to credit card payments, Microsoft also addresses Bitcoin payments, as we can see in the screenshot posted on Twitter: From the information gleaned from the various topics, it seems that this survey was offered to users participating in the "Xbox Insider" beta test program. This is not Microsoft's first time. In 2014 the company had already added the possibility to pay in BTC via Microsoft Accounts before s...

Tesla accepts Bitcoin payments in the US

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Tesla Elon Musk has just announced that US-based customers can now buy a Tesla by paying for it with Bitcoins . In a series of posts on Twitter, the electric car maker's boss clarifies that Tesla "uses only internal and open source software and directly leverages Bitcoin nodes." He adds that payments in Bitcoins will not be converted to fiat currency. You can now buy a Tesla with Bitcoin - Elon Musk (@elonmusk) March 24, 2021 This new option for the brand's customers follows Tesla's overwhelming support for the cryptocurrency. Last month, the company revealed that it had acquired $1.5 billion worth of Bitcoins , causing a spike in its price. Payment in Bitcoin is currently limited to the United States, with Elon Musk indicating that it would be expanded to other countries later this year, without giving a specific timeline. Source: Website

Why Ethereum could soon surpass Bitcoin

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Ethereum is currently the second largest cryptocurrency in terms of capitalization, but remains far behind Bitcoin. Indeed, while BTC has a total capitalization of more than 1 trillion dollars, ETH has a capitalization of just over 200 billion dollars. However, according to some analysts, the expected updates of  Ethereum  could upset this situation, and make Ethereum pass before Bitcoin. In particular, this is what Ryan Watkins, a senior research analyst at crypto-currency analytics firm Messari, predicted yesterday as quoted by Cointelegraph. He speculated that Ether (ETH) could overtake Bitcoin (BTC) as the largest crypto-currency once the Eth2 and proof-of-stake review is complete. Appearing on YouTube's FinTech Today on March 18, Watkins said that while he doesn't know "if or when" Ether will dethrone Bitcoin, he believes Ether could become the leading cryptocurrency in the future, thanks to Eth2: "The selling point of Bitcoin over  Ethereum  as a store of ...

Bitcoin heading for new highs, two key factors

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Reuters Bitcoin seems to be wavering in recent days, remaining fairly close to its recent highs, however, as investors continue to back the crypto-currency for the long term ahead of a potential boost from a U.S. ETF that will "almost certainly" launch this year, experts say. "The more crypto-friendly leadership of the new U.S. administration will almost certainly spur the launch of an approved BTC ETF in 2021," Alexander Blum, managing director of Two Prime, a digital asset investment fund, said in an email, referring to incoming SEC Chairman Gary Gensler. "This can be seen by the increase in viable applications and rampant hiring for ETF-related roles at Grayscale right now. These groups are not making these investments blindly," Blum added. Optimism about the launch of a U.S. bitcoin ETF comes amid continued signs of long-term demand for the popular crypto-currency. Increased outflows from bitcoin exchange platforms - a bullish indicator - have shown th...

Why does bitcoin use 10 times more electricity?

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AFP The bitcoin , which has seen its price increase tenfold in one year, is regularly criticized for its massive electricity needs. Does the democratization of cryptocurrencies necessarily rhyme with ecological disaster, as the most virulent detractors of this sector claim? What energy consumption? The Cambridge bitcoin electricity consumption index (CBECI) estimates that the annual consumption of bitcoin could reach 128 TWh (terawatt-hour), or 0.6% of the world's electricity production, or a little more than the consumption of Norway. Figures "impressive compared to medium-sized countries or other new technologies such as electric vehicles (80 TWh in 2019), but more moderate compared to other technologies, such as air conditioning and fans that consume 2,000 TWh per year," notes George Kamiya, analyst at the International Energy Agency (IEA). According to him, Google thus consumed 12.2 TWh in 2019 and all data centers in the world, except those that mine bitcoin , consum...

Currency Exchange Rates

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PRICE Bitcoin exchange rate USD, BTC/USD, second by second Keep track of the most popular cryptocurrency rates. Our tool is easy to read and includes live updates on each of the top cryptocurrency rates. Powered by Investing.com CoinMarketCap Stay up-to-date on the Bitcoin exchange rate against the BTC / USD dollar, second by second, by obtaining detailed information in real-time on the current exchange rate of Bitcoin. It is known that the price of Bitcoin is very volatile, and there are many main factors that affect its price, most notably The principle of supply and demand that affects nearly everything about money and digital currencies. This page shows you the average Bitcoin price on major Bitcoin trading platforms, with updates second by second. Bitcoin Calculator: Convert Bitcoin to Dollar or Dollar to Bitcoin CurrencyRate.Today Bitcoin Price FAQ How is the Bitcoin price determined? Bitcoin price is determined by sellers specifying a monetary value for what they offer (...

Bitcoin's value exceeds a trillion dollars again

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Bitcoin 's digital coin surged on Tuesday, and its market value rose above $ 1 trillion in mid-morning Singapore time trading, according to CoinDesk data . Bitcoin  extended those gains to a 24-hour high of $ 54,348 in the early afternoon Singapore time, up about 7 percent from the same time the previous day. Since then,  Bitcoin  has trimmed some of these gains. This is only the second time that  Bitcoin  has exceeded a trillion dollars after it reached the milestone for the first time on February 19. The market value of  Bitcoin  stabilized above a trillion dollars for a few days, before dropping below this level. Although  Bitcoin  fell from an all-time high of $ 58,332, it did see a massive spike. The digital currency has risen by more than 80 percent this year and by more than 570 percent in the past 12 months. Bitcoin 's rise was attributed to several factors, including institutional investor participation and some notable corporate pur...